YPF Sociedad Anónima (NYSE:YPF) Reaches New 1-Year High - Time to Buy?

YPF Sociedad Anónima (NYSE:YPF - Get Free Report)'s stock price hit a new 52-week high on Friday . The stock traded as high as $24.81 and last traded at $24.75, with a volume of 940601 shares traded. The stock had previously closed at $24.25.

Wall Street Analyst Weigh In

A number of brokerages recently commented on YPF. StockNews.com upgraded YPF Sociedad Anónima from a "hold" rating to a "buy" rating in a research note on Monday, August 12th. Jefferies Financial Group raised shares of YPF Sociedad Anónima from a "hold" rating to a "buy" rating and raised their price objective for the stock from $23.50 to $30.00 in a report on Friday, August 30th. Bank of America upped their target price on shares of YPF Sociedad Anónima from $28.00 to $29.00 and gave the company a "neutral" rating in a research note on Wednesday, September 18th. JPMorgan Chase & Co. raised their price target on shares of YPF Sociedad Anónima from $20.50 to $24.00 and gave the stock a "neutral" rating in a research note on Wednesday, September 25th. Finally, The Goldman Sachs Group upped their price objective on YPF Sociedad Anónima from $22.90 to $25.60 and gave the company a "neutral" rating in a research note on Thursday, July 25th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $25.94.

YPF Sociedad Anónima Stock Performance

The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.73 and a current ratio of 0.93. The company has a market cap of $9.79 billion, a price-to-earnings ratio of -9.50, a PEG ratio of 0.11 and a beta of 1.81. The firm's 50-day moving average price is $22.09 and its 200 day moving average price is $21.42.

YPF Sociedad Anónima (NYSE:YPF - Get Free Report) last released its earnings results on Thursday, August 8th. The oil and gas exploration company reported $1.32 EPS for the quarter, topping analysts' consensus estimates of $0.42 by $0.90. The firm had revenue of $4.94 billion during the quarter, compared to analyst estimates of $4.59 billion. YPF Sociedad Anónima had a negative net margin of 4.57% and a positive return on equity of 22.86%. On average, sell-side analysts anticipate that YPF Sociedad Anónima will post 5.25 EPS for the current year.

Institutional Investors Weigh In On YPF Sociedad Anónima

Several hedge funds have recently bought and sold shares of YPF. B. Riley Wealth Advisors Inc. increased its holdings in shares of YPF Sociedad Anónima by 43.3% in the second quarter. B. Riley Wealth Advisors Inc. now owns 51,300 shares of the oil and gas exploration company's stock worth $1,032,000 after acquiring an additional 15,500 shares in the last quarter. Scientech Research LLC bought a new stake in YPF Sociedad Anónima during the 2nd quarter worth approximately $418,000. Dark Forest Capital Management LP acquired a new stake in YPF Sociedad Anónima during the 2nd quarter worth approximately $263,000. Duquesne Family Office LLC bought a new position in YPF Sociedad Anónima in the second quarter valued at approximately $12,845,000. Finally, Encompass Capital Advisors LLC boosted its holdings in shares of YPF Sociedad Anónima by 16.9% in the second quarter. Encompass Capital Advisors LLC now owns 1,168,919 shares of the oil and gas exploration company's stock valued at $23,519,000 after buying an additional 168,919 shares during the period. 10.08% of the stock is currently owned by institutional investors and hedge funds.

About YPF Sociedad Anónima

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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