YPF Sociedad Anonima (NYSE:YPF) Shares Gap Down - Here's Why

Key Points

• YPF Sociedad Anonima's shares experienced a significant drop, opening at $26.25 after closing at $30.83, representing a 13.3% decline.
• Recent analyst ratings show an upgrade from "sell" to "hold" by Wall Street Zen, and Citigroup upgraded from "neutral" to "buy" with a price target increase to $48.00.
• The company reported a loss in EPS of $0.13, missing the consensus estimate of $0.56, despite revenues slightly exceeding expectations at $3.47 million.

YPF Sociedad Anonima (NYSE:YPF - Get Free Report)'s share price gapped down prior to trading on Monday . The stock had previously closed at $30.83, but opened at $26.25. YPF Sociedad Anonima shares last traded at $26.72, with a volume of 4,066,572 shares changing hands.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on YPF shares. Wall Street Zen raised shares of YPF Sociedad Anonima from a "sell" rating to a "hold" rating in a report on Friday, June 27th. Citigroup raised shares of 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 report on Monday, May 19th. Finally, Zacks Research cut shares of YPF Sociedad Anonima from a "hold" rating to a "strong sell" rating in a report on Tuesday. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $46.70.

YPF Sociedad Anonima Stock Performance

The stock's 50-day moving average is $31.72 and its 200-day moving average is $32.98. The stock has a market cap of $10.65 billion, a price-to-earnings ratio of 8.74, a price-to-earnings-growth ratio of 0.55 and a beta of 1.91. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.75 and a quick ratio of 0.55.

YPF Sociedad Anonima (NYSE:YPF - Get Free Report) last announced 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). YPF Sociedad Anonima had a return on equity of 12.39% and a net margin of 6.32%.The firm had revenue of $3.47 million for the quarter, compared to analyst estimates of $3.37 million. Analysts anticipate that YPF Sociedad Anonima will post 7.25 EPS for the current fiscal year.

Institutional Trading of YPF Sociedad Anonima

Hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC boosted its position in YPF Sociedad Anonima by 3,099.7% during the first quarter. GAMMA Investing LLC now owns 70,746 shares of the oil and gas exploration company's stock worth $2,479,000 after acquiring an additional 68,535 shares during the last quarter. Banco Santander S.A. boosted its position in YPF Sociedad Anonima by 92.0% during the first quarter. Banco Santander S.A. now owns 34,858 shares of the oil and gas exploration company's stock worth $1,221,000 after acquiring an additional 16,707 shares during the last quarter. Vaughan Nelson Investment Management L.P. boosted its position in YPF Sociedad Anonima by 191.0% during the first quarter. Vaughan Nelson Investment Management L.P. now owns 153,616 shares of the oil and gas exploration company's stock worth $5,382,000 after acquiring an additional 100,820 shares during the last quarter. Compound Planning Inc. acquired a new position in shares of YPF Sociedad Anonima in the 1st quarter valued at $411,000. Finally, Bank of America Corp DE boosted its holdings in shares of YPF Sociedad Anonima by 107.6% in the 4th quarter. Bank of America Corp DE now owns 198,416 shares of the oil and gas exploration company's stock valued at $8,435,000 after purchasing an additional 102,838 shares during the last quarter. Institutional investors and hedge funds 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.