YPF Sociedad Anonima (NYSE:YPF) Stock Price Down 4.4% - Here's Why

Key Points

• YPF Sociedad Anonima's stock price dropped 4.4% during trading, closing at $26.05 after hitting a low of $26.18.
• Zacks Research downgraded YPF from a "hold" to a "strong sell" rating, contributing to a negative perception among investors.
• The company's quarterly earnings report showed a missed estimate of $0.56 earnings per share, reporting only $0.13 EPS, despite revenue exceeding expectations.

YPF Sociedad Anonima (NYSE:YPF - Get Free Report) shares traded down 4.4% during trading on Thursday . The stock traded as low as $26.18 and last traded at $26.05. 389,303 shares were traded during mid-day trading, a decline of 81% from the average session volume of 2,009,641 shares. The stock had previously closed at $27.24.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on YPF shares. Wall Street Zen upgraded shares of YPF Sociedad Anonima from a "sell" rating to a "hold" rating in a report on Friday, June 27th. Zacks Research downgraded shares of YPF Sociedad Anonima from a "hold" rating to a "strong sell" rating in a research note on Tuesday, September 9th. Three analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $46.70.

YPF Sociedad Anonima Stock Up 13.1%

The firm has a market cap of $10.62 billion, a P/E ratio of 8.71, a P/E/G ratio of 0.46 and a beta of 1.91. The business's fifty day moving average price is $31.14 and its two-hundred day moving average price is $32.67. The company has a current ratio of 0.75, a quick ratio of 0.55 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 analysts' consensus estimates of $0.56 by ($0.43). 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 for the quarter, compared to analyst estimates of $3.37 million. As a group, equities research analysts anticipate that YPF Sociedad Anonima will post 7.25 EPS for the current year.

Hedge Funds Weigh In On YPF Sociedad Anonima

A number of institutional investors have recently made changes to their positions in the business. Bank of America Corp DE grew its holdings in 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 buying an additional 102,838 shares during the last quarter. Tidal Investments LLC acquired a new stake in shares of YPF Sociedad Anonima in the fourth quarter worth $522,000. Vident Advisory LLC bought a new position in YPF Sociedad Anonima during the fourth quarter worth $298,000. Wellington Management Group LLP acquired a new position in YPF Sociedad Anonima during the 4th quarter valued at $2,548,000. Finally, GAMMA Investing LLC raised its stake in YPF Sociedad Anonima by 3,099.7% during the 1st quarter. GAMMA Investing LLC now owns 70,746 shares of the oil and gas exploration company's stock valued at $2,479,000 after purchasing an additional 68,535 shares during the last quarter. 10.08% of the stock is currently owned by 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.