YPF Sociedad Anónima (NYSE:YPF) Sets New 52-Week High – Time to Buy?

YPF Sociedad Anónima (NYSE:YPF)’s share price reached a new 52-week high on Friday . The company traded as high as $26.00 and last traded at $25.81, with a volume of 1045726 shares changing hands. The stock had previously closed at $25.11.

Analysts Set New Price Targets

A number of research analysts have weighed in on the stock. The Goldman Sachs Group raised their price objective on shares of YPF Sociedad Anónima from $22.90 to $25.60 and gave the company a “neutral” rating in a research note on Thursday, July 25th. Bank of America raised their price objective 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 objective on shares of YPF Sociedad Anónima from $20.50 to $24.00 and gave the company a “neutral” rating in a research note on Wednesday, September 25th. Jefferies Financial Group raised shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and raised their price objective for the company from $23.50 to $30.00 in a research note on Friday, August 30th. Finally, StockNews.com lowered shares of YPF Sociedad Anónima from a “buy” rating to a “hold” rating in a research note on Monday, October 21st. Six investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, YPF Sociedad Anónima has a consensus rating of “Hold” and a consensus target price of $25.94.

YPF Sociedad Anónima Price Performance

The company has a quick ratio of 0.73, a current ratio of 0.93 and a debt-to-equity ratio of 0.71. The business’s 50-day moving average is $23.16 and its two-hundred day moving average is $21.78. The company has a market capitalization of $10.09 billion, a P/E ratio of -10.02, a price-to-earnings-growth ratio of 0.11 and a beta of 1.81.

YPF Sociedad Anónima (NYSE:YPF) last posted its quarterly earnings data on Thursday, August 8th. The oil and gas exploration company reported $1.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.42 by $0.90. YPF Sociedad Anónima had a negative net margin of 4.57% and a positive return on equity of 22.86%. The business had revenue of $4.94 billion during the quarter, compared to the consensus estimate of $4.59 billion. As a group, analysts predict that YPF Sociedad Anónima will post 5.34 earnings per share for the current year.

Hedge Funds Weigh In On YPF Sociedad Anónima

Several large investors have recently modified their holdings of YPF. Blue Trust Inc. grew its stake in YPF Sociedad Anónima by 58.4% during the third quarter. Blue Trust Inc. now owns 2,091 shares of the oil and gas exploration company’s stock valued at $42,000 after acquiring an additional 771 shares in the last quarter. Cetera Advisors LLC increased its stake in YPF Sociedad Anónima by 2.6% in the first quarter. Cetera Advisors LLC now owns 42,492 shares of the oil and gas exploration company’s stock valued at $841,000 after acquiring an additional 1,066 shares during the last quarter. Beverly Hills Private Wealth LLC raised its position in YPF Sociedad Anónima by 6.2% during the second quarter. Beverly Hills Private Wealth LLC now owns 20,181 shares of the oil and gas exploration company’s stock valued at $406,000 after purchasing an additional 1,186 shares in the last quarter. Claro Advisors LLC raised its position in YPF Sociedad Anónima by 7.1% during the first quarter. Claro Advisors LLC now owns 18,555 shares of the oil and gas exploration company’s stock valued at $367,000 after purchasing an additional 1,226 shares in the last quarter. Finally, Transcendent Capital Group LLC bought a new stake in YPF Sociedad Anónima during the first quarter worth about $28,000. Hedge funds and other institutional investors own 10.08% of the company’s stock.

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.