YPF Sociedad Anonima (NYSE:YPF) Shares Gap Down - What's Next?

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 before the market opened 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.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. 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 upped their price target for the company from $44.00 to $48.00 in a research note on Monday, May 19th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, YPF Sociedad Anonima currently has an average rating of "Moderate Buy" and a consensus price target of $46.70.

YPF Sociedad Anonima Stock Down 13.3%

The company has a market capitalization of $10.52 billion, a PE ratio of 8.62, a price-to-earnings-growth ratio of 0.58 and a beta of 1.91. The company has a quick ratio of 0.55, a current ratio of 0.75 and a debt-to-equity ratio of 0.67. The firm has a 50-day moving average of $32.17 and a two-hundred day moving average of $33.24.

YPF Sociedad Anonima (NYSE:YPF - Get Free Report) last posted its quarterly 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). The company had revenue of $3.47 million for the quarter, compared to analyst estimates of $3.37 million. YPF Sociedad Anonima had a net margin of 6.32% and a return on equity of 12.39%. Equities research analysts predict that YPF Sociedad Anonima will post 7.25 earnings per share for the current fiscal year.

Hedge Funds Weigh In On YPF Sociedad Anonima

Hedge funds and other institutional investors have recently made changes to their positions in the company. Tower Research Capital LLC TRC raised its stake in shares of YPF Sociedad Anonima by 7,696.0% during the second quarter. Tower Research Capital LLC TRC now owns 7,796 shares of the oil and gas exploration company's stock worth $245,000 after acquiring an additional 7,696 shares in the last quarter. Brevan Howard Capital Management LP boosted its position in YPF Sociedad Anonima by 5.2% during the second quarter. Brevan Howard Capital Management LP now owns 317,889 shares of the oil and gas exploration company's stock valued at $10,525,000 after purchasing an additional 15,760 shares in the last quarter. Bank of America Corp DE raised its position in YPF Sociedad Anonima by 161.2% during the second quarter. Bank of America Corp DE now owns 568,507 shares of the oil and gas exploration company's stock valued at $17,880,000 after acquiring an additional 350,842 shares in the last quarter. Banco BTG Pactual S.A. increased its position in shares of YPF Sociedad Anonima by 13.3% during the second quarter. Banco BTG Pactual S.A. now owns 47,000 shares of the oil and gas exploration company's stock worth $1,478,000 after purchasing an additional 5,500 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of YPF Sociedad Anonima by 55.7% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 3,379,408 shares of the oil and gas exploration company's stock valued at $106,282,000 after buying an additional 1,208,440 shares during the period. 10.08% of the stock is currently owned by institutional investors and hedge funds.

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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