YPF Sociedad Anónima (NYSE:YPF) Stock Breaks Above 200 Day Moving Average - Should You Sell?

Key Points

• YPF shares crossed above their 200-day moving average, reaching $51.76 and last trading near $51.20, versus a 200-day average of $48.76.
• Analyst sentiment is moderately positive: the stock has a consensus rating of “Moderate Buy” and an average price target of $60.33, though some firms maintain Hold ratings or recently downgraded the shares.
• YPF exceeded quarterly expectations, reporting $3.07 in earnings per share and $6.57 billion in revenue, ahead of analyst estimates of $2.26 EPS and $5.99 billion in revenue.

YPF Sociedad Anónima (NYSE:YPF - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $48.76 and traded as high as $51.76. YPF Sociedad Anónima shares last traded at $51.2030, with a volume of 1,009,999 shares.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on YPF shares. Zacks Research downgraded shares of YPF Sociedad Anónima from a "strong-buy" rating to a "hold" rating in a report on Monday, June 29th. UBS Group increased their target price on shares of YPF Sociedad Anónima from $48.00 to $55.00 and gave the stock a "neutral" rating in a report on Thursday, August 27th. Weiss Ratings downgraded shares of YPF Sociedad Anónima from a "hold (c)" rating to a "hold (c-)" rating in a research report on Monday, September 21st. JPMorgan Chase & Co. lifted their price target on shares of 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 shares of YPF Sociedad Anónima from a "hold" rating to a "buy" rating and set a $60.00 price target on the stock in a research report on Monday, August 17th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $60.33.

YPF Sociedad Anónima Price Performance

The company has a current ratio of 0.93, a quick ratio of 0.72 and a debt-to-equity ratio of 0.70. The firm has a market capitalization of $20.14 billion, a price-to-earnings ratio of 26.95 and a beta of 1.22. The company's 50 day moving average is $51.85 and its 200-day moving average is $48.76.

YPF Sociedad Anónima (NYSE:YPF - Get Free Report) last announced its quarterly earnings results on Monday, August 10th. The oil and gas exploration company reported $3.07 earnings per share for the quarter, topping analysts' consensus estimates of $2.26 by $0.81. YPF Sociedad Anónima had a return on equity of 10.86% and a net margin of 3.60%.The firm had revenue of $6.57 billion for the quarter, compared to the consensus estimate of $5.99 billion. Equities research analysts anticipate that YPF Sociedad Anónima will post 8.12 earnings per share for the current year.

Institutional Investors Weigh In On YPF Sociedad Anónima

A number of large investors have recently added to or reduced their stakes in the business. Oaktree Capital Management LP bought a new position in YPF Sociedad Anónima during the first quarter worth $40,972,000. Equinox Partners Investment Management LLC acquired a new position in shares of YPF Sociedad Anónima in the first quarter valued at $21,585,000. Candriam S.C.A. raised its position in shares of YPF Sociedad Anónima by 202.0% in the first quarter. Candriam S.C.A. now owns 444,000 shares of the oil and gas exploration company's stock valued at $20,522,000 after purchasing an additional 297,000 shares during the period. RWC Asset Advisors US LLC bought a new position in shares of YPF Sociedad Anónima in the second quarter valued at about $12,216,000. Finally, Hsbc Holdings PLC lifted its stake in shares of YPF Sociedad Anónima by 70.3% during the 4th quarter. Hsbc Holdings PLC now owns 299,442 shares of the oil and gas exploration company's stock worth $10,792,000 after buying an additional 123,659 shares during the last quarter. Institutional investors own 10.08% of the company's stock.

About YPF Sociedad Anónima

YPF Sociedad Anónima is an integrated energy company based in Argentina. Its activities span the exploration, development and production of crude oil and natural gas, with a significant focus on unconventional resources in the Vaca Muerta formation in the Neuquén Basin.

The company also operates downstream businesses, including petroleum refining, the production and marketing of fuels, lubricants and petrochemical products, and a nationwide network of service stations. YPF supplies energy products to industrial, commercial and consumer customers in Argentina and participates in the development of natural gas and other energy infrastructure.

Founded in 1922, YPF was privatized during the 1990s and returned to majority state ownership in 2012.

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