YPF Sociedad Anónima (NYSE:YPF) Stock Rating Upgraded by Bank of America

YPF Sociedad Anónima (NYSE:YPF) was upgraded by equities researchers at Bank of America from an “underperform” rating to a “neutral” rating in a research note issued on Thursday, MarketBeat Ratings reports.

Several other equities research analysts also recently weighed in on YPF. UBS Group upgraded YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and upped their price target for the stock from $18.00 to $27.00 in a report on Thursday, February 22nd. Citigroup cut shares of YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and boosted their price target for the stock from $20.00 to $24.00 in a report on Wednesday, April 17th. The Goldman Sachs Group raised their price objective on shares of YPF Sociedad Anónima from $20.00 to $22.90 and gave the company a “neutral” rating in a report on Friday, May 17th. StockNews.com upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a research note on Tuesday. Finally, Morgan Stanley upgraded YPF Sociedad Anónima from an “underweight” rating to an “equal weight” rating and raised their price target for the company from $10.50 to $22.00 in a research note on Thursday, March 21st. Six investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $21.07.

YPF Sociedad Anónima Price Performance

YPF stock opened at $21.00 on Thursday. The business has a fifty day moving average of $21.35 and a two-hundred day moving average of $18.02. The company has a quick ratio of 0.73, a current ratio of 0.95 and a debt-to-equity ratio of 0.76. The stock has a market cap of $8.26 billion, a price-to-earnings ratio of -8.20 and a beta of 1.86. YPF Sociedad Anónima has a 52-week low of $9.57 and a 52-week high of $24.76.

YPF Sociedad Anónima (NYSE:YPF) last announced its earnings results on Wednesday, March 6th. The oil and gas exploration company reported $2.00 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.95 by ($0.95). The firm had revenue of $4.19 billion during the quarter, compared to analysts’ expectations of $4.47 billion. YPF Sociedad Anónima had a negative net margin of 5.78% and a positive return on equity of 20.70%. As a group, research analysts anticipate that YPF Sociedad Anónima will post 6.45 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in YPF. Cetera Advisors LLC increased its holdings in shares of YPF Sociedad Anónima by 2.6% in the 1st quarter. Cetera Advisors LLC now owns 42,492 shares of the oil and gas exploration company’s stock valued at $841,000 after acquiring an additional 1,066 shares during the period. Claro Advisors LLC increased its stake in YPF Sociedad Anónima by 7.1% in the first quarter. Claro Advisors LLC now owns 18,555 shares of the oil and gas exploration company’s stock valued at $367,000 after purchasing an additional 1,226 shares during the period. Transcendent Capital Group LLC purchased a new stake in shares of YPF Sociedad Anónima in the first quarter valued at about $28,000. Virtu Financial LLC boosted its stake in shares of YPF Sociedad Anónima by 4.9% during the first quarter. Virtu Financial LLC now owns 30,599 shares of the oil and gas exploration company’s stock worth $606,000 after buying an additional 1,424 shares during the period. Finally, Navellier & Associates Inc. increased its position in YPF Sociedad Anónima by 2.9% in the 3rd quarter. Navellier & Associates Inc. now owns 52,000 shares of the oil and gas exploration company’s stock valued at $637,000 after acquiring an additional 1,487 shares during the period. 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.