YPF Sociedad Anonima (NYSE:YPF) Downgraded by Zacks Research to "Strong Sell"

Key Points

• YPF Sociedad Anonima was downgraded by Zacks Research to a "strong sell" rating, indicating a significant shift in analysts' sentiment towards the company.
• Despite the downgrade, Citigroup upgraded YPF from "neutral" to "buy" with a price target increase from $44.00 to $48.00, showcasing mixed analyst opinions.
• The company's recent quarterly earnings report revealed an EPS of $0.13, falling short of the consensus estimate of $0.56, while revenue exceeded expectations at $3.47 million.

Zacks Research lowered shares of YPF Sociedad Anonima (NYSE:YPF - Free Report) from a hold rating to a strong sell rating in a report released on Tuesday, September 9th,Zacks.com reports.

YPF has been the topic of several other reports. Wall Street Zen upgraded shares of YPF Sociedad Anonima from a "sell" rating to a "hold" rating in a report on Friday, June 27th. Citigroup upgraded shares of YPF Sociedad Anonima from a "neutral" rating to a "buy" rating and increased their target price for the stock from $44.00 to $48.00 in a report on Monday, May 19th. Three investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, YPF Sociedad Anonima has a consensus rating of "Hold" and a consensus target price of $46.70.

YPF Sociedad Anonima Trading Up 2.4%

YPF traded up $0.64 during mid-day trading on Tuesday, hitting $27.33. The stock had a trading volume of 860,640 shares, compared to its average volume of 2,018,658. The stock's fifty day simple moving average is $31.63 and its 200-day simple moving average is $32.89. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.75 and a quick ratio of 0.55. The firm has a market capitalization of $10.75 billion, a price-to-earnings ratio of 8.81, a price-to-earnings-growth ratio of 0.53 and a beta of 1.91. YPF Sociedad Anonima has a 1-year low of $21.01 and a 1-year high of $47.43.

YPF Sociedad Anonima (NYSE:YPF - Get Free Report) last posted its earnings results on Thursday, August 7th. The oil and gas exploration company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.56 by ($0.43). The firm had revenue of $3.47 million during the quarter, compared to analyst estimates of $3.37 million. YPF Sociedad Anonima had a return on equity of 12.39% and a net margin of 6.32%. As a group, research analysts forecast that YPF Sociedad Anonima will post 7.25 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. First Horizon Advisors Inc. bought a new position in shares of YPF Sociedad Anonima in the 2nd quarter valued at about $57,000. Hantz Financial Services Inc. grew its position in shares of YPF Sociedad Anonima by 1,157.2% in the 2nd quarter. Hantz Financial Services Inc. now owns 1,911 shares of the oil and gas exploration company's stock valued at $60,000 after acquiring an additional 1,759 shares during the period. Sunbelt Securities Inc. grew its position in shares of YPF Sociedad Anonima by 742.6% in the 1st quarter. Sunbelt Securities Inc. now owns 1,938 shares of the oil and gas exploration company's stock valued at $68,000 after acquiring an additional 1,708 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in shares of YPF Sociedad Anonima in the 1st quarter valued at about $89,000. Finally, Burns Matteson Capital Management LLC grew its position in shares of YPF Sociedad Anonima by 29.0% in the 1st quarter. Burns Matteson Capital Management LLC now owns 6,234 shares of the oil and gas exploration company's stock valued at $218,000 after acquiring an additional 1,401 shares during the period. Institutional investors own 10.08% of the company's stock.

YPF Sociedad Anonima 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.