YPF Sociedad Anónima (NYSE:YPF) Shares Gap Up - Here's What Happened

YPF Sociedad Anónima (NYSE:YPF - Get Free Report) gapped up before the market opened on Monday . The stock had previously closed at $30.03, but opened at $35.00. YPF Sociedad Anónima shares last traded at $34.08, with a volume of 2,007,993 shares trading hands.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on YPF shares. HSBC upgraded YPF Sociedad Anónima from a "reduce" rating to a "hold" rating and raised their target price for the company from $21.00 to $33.00 in a research report on Monday, April 14th. Hsbc Global Res upgraded shares of YPF Sociedad Anónima to a "hold" rating in a research report on Monday, April 14th. JPMorgan Chase & Co. raised YPF Sociedad Anónima from a "neutral" rating to an "overweight" rating and increased their price target for the stock from $25.00 to $59.50 in a research note on Friday, January 10th. Finally, StockNews.com cut shares of YPF Sociedad Anónima from a "buy" rating to a "hold" rating in a report on Tuesday, March 18th. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $40.73.

YPF Sociedad Anónima Price Performance

The company has a market cap of $12.98 billion, a P/E ratio of 16.67, a P/E/G ratio of 0.18 and a beta of 1.58. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.68 and a current ratio of 0.88. The stock has a 50-day simple moving average of $34.14 and a 200 day simple moving average of $35.24.

YPF Sociedad Anónima (NYSE:YPF - Get Free Report) last announced its quarterly earnings results on Friday, March 7th. The oil and gas exploration company reported ($0.74) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.51 by ($1.25). The business had revenue of $4.75 billion during the quarter, compared to the consensus estimate of $4.86 billion. YPF Sociedad Anónima had a net margin of 4.15% and a return on equity of 32.76%. On average, equities analysts expect that YPF Sociedad Anónima will post 7.25 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of YPF. JPMorgan Chase & Co. lifted its holdings in YPF Sociedad Anónima by 1,119.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 250,550 shares of the oil and gas exploration company's stock valued at $5,314,000 after purchasing an additional 230,001 shares during the last quarter. GAMMA Investing LLC increased its holdings in YPF Sociedad Anónima by 130.3% during the 4th quarter. GAMMA Investing LLC now owns 2,211 shares of the oil and gas exploration company's stock valued at $94,000 after purchasing an additional 1,251 shares in the last quarter. Systrade AG raised its position in YPF Sociedad Anónima by 80.0% in the 4th quarter. Systrade AG now owns 45,000 shares of the oil and gas exploration company's stock valued at $1,913,000 after purchasing an additional 20,000 shares during the last quarter. Legal Advantage Investments Inc. bought a new stake in shares of YPF Sociedad Anónima during the fourth quarter worth $213,000. Finally, DGS Capital Management LLC acquired a new stake in shares of YPF Sociedad Anónima in the fourth quarter valued at $206,000. 10.08% of the stock is currently owned by institutional investors and hedge funds.

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.