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

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.

YPF Sociedad Anonima (NYSE:YPF - Get Free Report) was downgraded by Zacks Research from a "hold" rating to a "strong sell" rating in a report issued on Tuesday,Zacks.com reports.

A number of other analysts also recently commented on the company. Citigroup raised YPF Sociedad Anonima from a "neutral" rating to a "buy" rating and increased their price target for the company from $44.00 to $48.00 in a research report on Monday, May 19th. Wall Street Zen raised YPF Sociedad Anonima from a "sell" rating to a "hold" rating in a research report on Friday, June 27th. Three equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $46.70.

YPF Sociedad Anonima Stock Performance

Shares of YPF Sociedad Anonima stock opened at $28.63 on Tuesday. The company has a market cap of $11.26 billion, a PE ratio of 9.23, a price-to-earnings-growth ratio of 0.52 and a beta of 1.91. YPF Sociedad Anonima has a 52 week low of $21.01 and a 52 week high of $47.43. The business has a 50 day moving average price of $31.90 and a 200-day moving average price of $33.09. The company has a quick ratio of 0.55, a current ratio of 0.75 and a debt-to-equity ratio of 0.67.

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

Institutional Trading of YPF Sociedad Anonima

Large investors have recently bought and sold shares of the company. First Horizon Advisors Inc. purchased a new stake in YPF Sociedad Anonima in the second quarter worth $57,000. Hantz Financial Services Inc. increased its position in YPF Sociedad Anonima by 1,157.2% in the second quarter. Hantz Financial Services Inc. now owns 1,911 shares of the oil and gas exploration company's stock worth $60,000 after buying an additional 1,759 shares during the last quarter. Sunbelt Securities Inc. increased its position in YPF Sociedad Anonima by 742.6% in the first quarter. Sunbelt Securities Inc. now owns 1,938 shares of the oil and gas exploration company's stock worth $68,000 after buying an additional 1,708 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in YPF Sociedad Anonima in the first quarter worth $89,000. Finally, Burns Matteson Capital Management LLC increased its position in YPF Sociedad Anonima by 29.0% in the first quarter. Burns Matteson Capital Management LLC now owns 6,234 shares of the oil and gas exploration company's stock worth $218,000 after buying an additional 1,401 shares during the last quarter. 10.08% of the stock is owned by hedge funds and other institutional investors.

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.

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