YPF Sociedad Anónima (NYSE:YPF) Issues Quarterly Earnings Results, Beats Expectations By $1.08 EPS

Key Points

• YPF reported quarterly EPS of $3.00, beating analysts’ consensus estimate of $1.92 by $1.08. The company posted a 10.86% return on equity and a 3.60% net margin.
• Shares rose $0.86 to $49.31 during Wednesday trading. YPF has a $19.39 billion market capitalization and traded between $32.74 and $57.87 over the past year.
• Analyst sentiment is moderately bullish, with three Buy and three Hold ratings and an average price target of $60.33; JPMorgan raised its target to $66, while UBS lifted its target to $55.

YPF Sociedad Anónima (NYSE:YPF - Get Free Report) posted its earnings results on Wednesday. The oil and gas exploration company reported $3.00 earnings per share for the quarter, topping the consensus estimate of $1.92 by $1.08, Zacks reports. YPF Sociedad Anónima had a return on equity of 10.86% and a net margin of 3.60%.

YPF Sociedad Anónima Stock Performance

Shares of YPF traded up $0.86 during mid-day trading on Wednesday, hitting $49.31. 985,987 shares of the company's stock were exchanged, compared to its average volume of 1,722,990. The stock's 50-day simple moving average is $51.86 and its 200-day simple moving average is $46.09. The firm has a market cap of $19.39 billion, a price-to-earnings ratio of 25.95 and a beta of 1.22. The company has a quick ratio of 0.72, a current ratio of 0.93 and a debt-to-equity ratio of 0.70. YPF Sociedad Anónima has a 52 week low of $32.74 and a 52 week high of $57.87.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Wall Street Zen raised shares of YPF Sociedad Anónima from a "buy" rating to a "strong-buy" rating in a research report on Saturday, July 18th. Weiss Ratings upgraded YPF Sociedad Anónima from a "hold (c-)" rating to a "hold (c)" rating in a report on Thursday, October 8th. UBS Group lifted their target price on YPF Sociedad Anónima from $48.00 to $55.00 and gave the company a "neutral" rating in a research report on Thursday, August 27th. JPMorgan Chase & Co. boosted their target price on YPF Sociedad Anónima from $61.50 to $66.00 and gave the company an "overweight" rating in a research note on Tuesday, September 1st. Finally, HSBC raised YPF Sociedad Anónima from a "hold" rating to a "buy" rating and set a $60.00 price target for the company in a research report on Monday, August 17th. Three investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $60.33.

YPF Sociedad Anónima Company Profile

YPF Sociedad Anónima is an integrated energy company based in Argentina and one of the country's principal oil and gas producers. The company explores for, develops and produces crude oil and natural gas, with operations that include both conventional and unconventional resources. YPF is also a major participant in the development of the Vaca Muerta shale formation in the Neuquén Basin.

Through its downstream operations, YPF refines crude oil and markets fuels, lubricants and other petroleum products.

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