YPF Sociedad Anónima (NYSE:YPF) Sets New 12-Month High – Here’s Why

YPF Sociedad Anónima (NYSE:YPF) shares hit a new 52-week high during trading on Monday . The company traded as high as $26.70 and last traded at $26.38, with a volume of 495766 shares trading hands. The stock had previously closed at $25.37.

Analyst Ratings Changes

A number of equities research analysts have recently commented on YPF shares. Citigroup raised YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and raised their price target for the stock from $24.00 to $33.00 in a research report on Friday, November 1st. Jefferies Financial Group upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and upped their price target for the company from $23.50 to $30.00 in a report on Friday, August 30th. The Goldman Sachs Group increased their price objective on shares of YPF Sociedad Anónima from $22.90 to $25.60 and gave the stock a “neutral” rating in a research report on Thursday, July 25th. JPMorgan Chase & Co. boosted their price objective on shares of YPF Sociedad Anónima from $24.00 to $25.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Finally, StockNews.com upgraded YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a report on Friday, November 1st. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $27.37.

YPF Sociedad Anónima Trading Up 3.4 %

The firm’s 50 day simple moving average is $23.75 and its 200-day simple moving average is $22.05. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.93 and a quick ratio of 0.73.

YPF Sociedad Anónima (NYSE:YPF) last released its earnings results on Thursday, August 8th. The oil and gas exploration company reported $1.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $4.59 billion. Research analysts expect that YPF Sociedad Anónima will post 5.79 EPS for the current year.

Institutional Investors Weigh In On YPF Sociedad Anónima

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Blue Trust Inc. acquired a new position in YPF Sociedad Anónima during the second quarter worth $26,000. Transcendent Capital Group LLC bought a new stake in shares of YPF Sociedad Anónima in the 1st quarter valued at about $28,000. Ashton Thomas Private Wealth LLC acquired a new stake in YPF Sociedad Anónima in the 2nd quarter valued at about $63,000. Headlands Technologies LLC bought a new position in YPF Sociedad Anónima during the first quarter worth about $113,000. Finally, SG Americas Securities LLC bought a new position in YPF Sociedad Anónima during the second quarter worth about $185,000. 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.