JPMorgan Chase & Co. Issues Positive Forecast for YPF Sociedad Anónima (NYSE:YPF) Stock Price

YPF Sociedad Anónima (NYSE:YPF) had its target price increased by stock analysts at JPMorgan Chase & Co. from $24.00 to $25.00 in a research note issued on Wednesday, Benzinga reports. The brokerage currently has a “neutral” rating on the oil and gas exploration company’s stock.

Several other brokerages also recently issued reports on YPF. Bank of America upped their target price on shares of YPF Sociedad Anónima from $28.00 to $29.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 18th. StockNews.com downgraded YPF Sociedad Anónima from a “buy” rating to a “hold” rating in a report on Monday, October 21st. Jefferies Financial Group raised YPF Sociedad Anónima from a “hold” rating to a “buy” rating and upped their target price for the company from $23.50 to $30.00 in a research report on Friday, August 30th. Finally, The Goldman Sachs Group lifted their price target on YPF Sociedad Anónima from $22.90 to $25.60 and gave the company a “neutral” rating in a research note on Thursday, July 25th. Six analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, YPF Sociedad Anónima currently has a consensus rating of “Hold” and an average price target of $26.09.

YPF Sociedad Anónima Stock Performance

YPF Sociedad Anónima stock traded up $0.16 during mid-day trading on Wednesday, reaching $25.00. The company’s stock had a trading volume of 558,134 shares, compared to its average volume of 2,062,297. The firm’s fifty day moving average price is $23.30 and its two-hundred day moving average price is $21.84. YPF Sociedad Anónima has a 12-month low of $9.57 and a 12-month high of $26.00. The company has a market capitalization of $9.83 billion, a P/E ratio of -11.90, a PEG ratio of 0.11 and a beta of 1.81. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.73 and a current ratio of 0.93.

YPF Sociedad Anónima (NYSE:YPF) last posted its quarterly earnings results on Thursday, August 8th. The oil and gas exploration company reported $1.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.42 by $0.90. YPF Sociedad Anónima had a positive return on equity of 22.86% and a negative net margin of 4.57%. The business had revenue of $4.94 billion for the quarter, compared to analyst estimates of $4.59 billion. Sell-side analysts predict that YPF Sociedad Anónima will post 5.34 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Blue Trust Inc. increased its holdings in shares of YPF Sociedad Anónima by 58.4% in the 3rd quarter. Blue Trust Inc. now owns 2,091 shares of the oil and gas exploration company’s stock worth $42,000 after acquiring an additional 771 shares during the period. Cetera Advisors LLC raised its stake in YPF Sociedad Anónima by 2.6% during 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 purchasing an additional 1,066 shares during the period. Beverly Hills Private Wealth LLC boosted its position in YPF Sociedad Anónima by 6.2% during the 2nd quarter. Beverly Hills Private Wealth LLC now owns 20,181 shares of the oil and gas exploration company’s stock worth $406,000 after acquiring an additional 1,186 shares during the period. Transcendent Capital Group LLC purchased a new position in YPF Sociedad Anónima during the first quarter valued at approximately $28,000. Finally, Virtu Financial LLC lifted its stake in shares of YPF Sociedad Anónima by 4.9% in the 1st quarter. Virtu Financial LLC now owns 30,599 shares of the oil and gas exploration company’s stock valued at $606,000 after purchasing an additional 1,424 shares during the last quarter. Hedge funds and other institutional investors 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.