YPF Sociedad Anónima (NYSE:YPF) Trading Up 4% - Time to Buy?

YPF Sociedad Anónima (NYSE:YPF - Get Free Report) rose 4% during mid-day trading on Wednesday . The stock traded as high as $23.04 and last traded at $22.98. Approximately 528,703 shares changed hands during mid-day trading, a decline of 75% from the average daily volume of 2,074,805 shares. The stock had previously closed at $22.10.

Wall Street Analyst Weigh In

A number of analysts have commented on YPF shares. StockNews.com raised shares of YPF Sociedad Anónima from a "hold" rating to a "buy" rating in a report on Monday, August 12th. Jefferies Financial Group upgraded shares of YPF Sociedad Anónima from a "hold" rating to a "buy" rating and raised their price target for the company from $23.50 to $30.00 in a report on Friday, August 30th. Bank of America raised their price target on shares of YPF Sociedad Anónima from $28.00 to $29.00 and gave the stock a "neutral" rating in a research report on Wednesday, September 18th. JPMorgan Chase & Co. boosted their price target on shares of YPF Sociedad Anónima from $20.50 to $24.00 and gave the stock a "neutral" rating in a report on Wednesday, September 25th. Finally, The Goldman Sachs Group lifted their target price on shares of YPF Sociedad Anónima from $22.90 to $25.60 and gave the stock a "neutral" rating in a research note on Thursday, July 25th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company 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 firm has a 50 day moving average of $21.99 and a 200-day moving average of $21.40. The stock has a market capitalization of $9.28 billion, a PE ratio of -9.21, a P/E/G ratio of 0.10 and a beta of 1.81.

YPF Sociedad Anónima (NYSE:YPF - Get Free Report) last issued its quarterly earnings data on Thursday, August 8th. The oil and gas exploration company reported $1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.90. YPF Sociedad Anónima had a positive return on equity of 22.86% and a negative net margin of 4.57%. The firm had revenue of $4.94 billion during the quarter, compared to the consensus estimate of $4.59 billion. Research analysts forecast that YPF Sociedad Anónima will post 5.25 earnings per share for the current year.

Institutional Investors Weigh In On YPF Sociedad Anónima

Several hedge funds have recently modified their holdings of the company. Blue Trust Inc. bought a new stake in YPF Sociedad Anónima during the 2nd quarter worth approximately $26,000. Transcendent Capital Group LLC bought a new position in YPF Sociedad Anónima in the first quarter valued at $28,000. Ashton Thomas Private Wealth LLC purchased a new stake in YPF Sociedad Anónima during the second quarter valued at about $63,000. Headlands Technologies LLC purchased a new stake in shares of YPF Sociedad Anónima during the first quarter worth about $113,000. Finally, SG Americas Securities LLC purchased a new stake in YPF Sociedad Anónima in the second quarter worth about $185,000. Institutional investors and hedge funds own 10.08% of the company's stock.

YPF Sociedad Anónima 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.