YPF Sociedad Anónima (NYSE:YPF) Stock Price Down 7.3% – Here’s Why

YPF Sociedad Anónima (NYSE:YPF)’s share price dropped 7.3% during mid-day trading on Tuesday . The stock traded as low as $33.63 and last traded at $33.53. Approximately 1,484,797 shares changed hands during trading, a decline of 30% from the average daily volume of 2,108,440 shares. The stock had previously closed at $36.18.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the stock. UBS Group restated a “neutral” rating and issued a $38.00 target price (up previously from $30.00) on shares of YPF Sociedad Anónima in a research note on Wednesday, December 4th. JPMorgan Chase & Co. upgraded shares of YPF Sociedad Anónima from a “neutral” rating to an “overweight” rating and boosted their price target for the company from $25.00 to $59.50 in a research report on Friday, January 10th. Bank of America raised shares of YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $31.00 to $55.00 in a report on Monday, December 9th. StockNews.com downgraded YPF Sociedad Anónima from a “buy” rating to a “hold” rating in a report on Tuesday. Finally, Citigroup cut YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and raised their price target for the company from $33.00 to $44.00 in a report on Wednesday, November 27th. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $39.16.

YPF Sociedad Anónima Stock Performance

The stock has a market cap of $13.98 billion, a price-to-earnings ratio of 17.95, a P/E/G ratio of 0.18 and a beta of 1.89. The company has a current ratio of 0.88, a quick ratio of 0.68 and a debt-to-equity ratio of 0.59. The firm has a fifty day simple moving average of $38.10 and a 200-day simple moving average of $33.85.

YPF Sociedad Anónima (NYSE:YPF) last issued its quarterly earnings results on Friday, March 7th. The oil and gas exploration company reported ($0.74) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.51 by ($1.25). The firm had revenue of $4.75 billion for the quarter, compared to analyst estimates of $4.86 billion. YPF Sociedad Anónima had a net margin of 4.15% and a return on equity of 32.76%. Analysts forecast that YPF Sociedad Anónima will post 7.25 EPS for the current fiscal year.

Institutional Investors Weigh In On YPF Sociedad Anónima

Several institutional investors have recently modified their holdings of the business. Advisors Preferred LLC acquired a new stake in YPF Sociedad Anónima during the 4th quarter worth $44,000. GAMMA Investing LLC grew its stake in shares of YPF Sociedad Anónima by 130.3% during the fourth quarter. GAMMA Investing LLC now owns 2,211 shares of the oil and gas exploration company’s stock worth $94,000 after purchasing an additional 1,251 shares during the period. Blue Trust Inc. grew its stake in shares of YPF Sociedad Anónima by 16.1% during the fourth quarter. Blue Trust Inc. now owns 2,427 shares of the oil and gas exploration company’s stock worth $103,000 after purchasing an additional 336 shares during the period. Verde Servicos Internacionais S.A. bought a new stake in YPF Sociedad Anónima in the fourth quarter valued at about $128,000. Finally, Activest Wealth Management acquired a new position in YPF Sociedad Anónima in the third quarter valued at about $144,000. Institutional investors and hedge funds own 10.08% of the company’s stock.

YPF Sociedad Anónima Company Profile

YPF Sociedad Anónima, an energy company, engages in the oil and gas upstream and downstream activities in Argentina. Its upstream operations include the exploration, exploitation, and production of crude oil, and natural gas. The company’s downstream operations include petrochemical production and crude oil refining; transportation and distribution refined and petrochemical products; commercialization of crude oil, petrochemical products, and specialties.