YPF Sociedad Anonima (NYSE:YPF) Posts Quarterly Earnings Results, Misses Expectations By $0.43 EPS

Key Points

• YPF Sociedad Anonima reported a quarterly EPS of $0.13, missing analysts' estimates of $0.56 by $0.43, despite achieving revenues of $3.47 million.
• The company's stock price declined by 4.1% following the earnings announcement, closing at $34.29 with a market capitalization of $13.49 billion.
• Several research analysts have elevated their ratings for YPF, with average recommendations now reflecting a "Moderate Buy" and a consensus price target of $43.92.

YPF Sociedad Anonima (NYSE:YPF - Get Free Report) posted its earnings results on Thursday, August 7th. The oil and gas exploration company reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.56 by ($0.43), Zacks reports. YPF Sociedad Anonima had a net margin of 6.32% and a return on equity of 12.39%. The company had revenue of $3.47 million during the quarter, compared to analyst estimates of $3.37 million.

YPF Sociedad Anonima Stock Down 3.1%

NYSE YPF traded down $1.04 during mid-day trading on Thursday, reaching $32.71. 1,618,720 shares of the company's stock traded hands, compared to its average volume of 1,429,569. YPF Sociedad Anonima has a 1-year low of $20.42 and a 1-year high of $47.43. The company has a fifty day simple moving average of $33.35 and a 200-day simple moving average of $34.08. The company has a current ratio of 0.75, a quick ratio of 0.55 and a debt-to-equity ratio of 0.67. The company has a market cap of $12.86 billion, a price-to-earnings ratio of 10.55, a P/E/G ratio of 0.64 and a beta of 1.79.

Institutional Investors Weigh In On YPF Sociedad Anonima

A number of hedge funds have recently bought and sold shares of YPF. Diversify Wealth Management LLC grew its position in shares of YPF Sociedad Anonima by 17.3% in the 2nd quarter. Diversify Wealth Management LLC now owns 58,919 shares of the oil and gas exploration company's stock worth $2,000,000 after acquiring an additional 8,711 shares in the last quarter. Diversify Advisory Services LLC grew its position in shares of YPF Sociedad Anonima by 26.0% in the 2nd quarter. Diversify Advisory Services LLC now owns 18,087 shares of the oil and gas exploration company's stock worth $614,000 after acquiring an additional 3,733 shares in the last quarter. Finally, Acadian Asset Management LLC acquired a new position in shares of YPF Sociedad Anonima in the 1st quarter worth approximately $561,000. Institutional investors and hedge funds own 10.08% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Wall Street Zen upgraded YPF Sociedad Anonima from a "sell" rating to a "hold" rating in a research note on Friday, June 27th. Citigroup upgraded YPF Sociedad Anonima from a "neutral" rating to a "buy" rating and increased their target price for the company from $44.00 to $48.00 in a research note on Monday, May 19th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, YPF Sociedad Anonima has a consensus rating of "Moderate Buy" and an average price target of $43.92.

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.