YPF Sociedad Anonima (NYSE:YPF) Lowered to “Strong Sell” Rating by Zacks Research

YPF Sociedad Anonima (NYSE:YPF) was downgraded by equities researchers at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Several other brokerages also recently weighed in on YPF. Weiss Ratings reaffirmed a “hold (c)” rating on shares of YPF Sociedad Anonima in a report on Wednesday, October 8th. JPMorgan Chase & Co. reduced their price objective on shares of YPF Sociedad Anonima from $47.00 to $44.00 and set an “overweight” rating for the company in a research report on Friday, October 17th. Two equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $41.67.

YPF Sociedad Anonima Trading Down 4.6%

NYSE:YPF opened at $32.80 on Tuesday. YPF Sociedad Anonima has a 12-month low of $22.82 and a 12-month high of $47.43. The company has a current ratio of 0.75, a quick ratio of 0.54 and a debt-to-equity ratio of 0.71. The stock’s 50 day simple moving average is $36.21 and its 200-day simple moving average is $32.16. The firm has a market cap of $12.90 billion, a P/E ratio of -27.80, a PEG ratio of 0.30 and a beta of 1.48.

YPF Sociedad Anonima (NYSE:YPF) last posted its quarterly earnings data on Friday, November 7th. The oil and gas exploration company reported ($0.53) earnings per share for the quarter, missing analysts’ consensus estimates of $0.82 by ($1.35). The firm had revenue of $4.59 billion during the quarter, compared to analysts’ expectations of $4.55 billion. YPF Sociedad Anonima had a negative net margin of 2.45% and a positive return on equity of 2.88%. Equities analysts anticipate that YPF Sociedad Anonima will post 7.25 EPS for the current year.

Institutional Trading of YPF Sociedad Anonima

A number of institutional investors have recently added to or reduced their stakes in the stock. Crocodile Capital Partners GmbH increased its holdings in YPF Sociedad Anonima by 100.0% in the second quarter. Crocodile Capital Partners GmbH now owns 60,000 shares of the oil and gas exploration company’s stock valued at $1,887,000 after buying an additional 30,000 shares in the last quarter. Ping Capital Management Inc. boosted its stake in shares of YPF Sociedad Anonima by 88.9% during the 2nd quarter. Ping Capital Management Inc. now owns 1,482,200 shares of the oil and gas exploration company’s stock worth $46,615,000 after acquiring an additional 697,600 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew 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 worth $106,282,000 after acquiring an additional 1,208,440 shares during the period. Vaughan Nelson Investment Management L.P. increased its stake in YPF Sociedad Anonima by 12.8% in the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 173,256 shares of the oil and gas exploration company’s stock valued at $5,449,000 after purchasing an additional 19,640 shares in the last quarter. Finally, Insigneo Advisory Services LLC raised its holdings in YPF Sociedad Anonima by 37.1% during the second quarter. Insigneo Advisory Services LLC now owns 128,502 shares of the oil and gas exploration company’s stock worth $4,041,000 after purchasing an additional 34,802 shares during the last quarter. Hedge funds and other institutional investors own 10.08% of the company’s stock.

About YPF Sociedad Anonima

YPF Sociedad Anónima (NYSE: YPF) is an integrated oil and gas company headquartered in Buenos Aires, Argentina. The company’s primary businesses encompass upstream exploration and production of crude oil and natural gas, midstream transportation and storage, and downstream refining and distribution. YPF operates several major refineries and a nationwide network of service stations, supplying fuels, lubricants, and petrochemical products to both retail and industrial customers.

Founded in 1922 as Yacimientos Petrolíferos Fiscales, YPF was the world’s first state‐owned oil company.