$3.93 Billion in Sales Expected for YPF SA (YPF) This Quarter

Equities research analysts expect YPF SA (NYSE:YPF) to post $3.93 billion in sales for the current quarter, according to Zacks. Two analysts have provided estimates for YPF’s earnings, with the highest sales estimate coming in at $3.99 billion and the lowest estimate coming in at $3.87 billion. YPF posted sales of $3.82 billion in the same quarter last year, which would indicate a positive year-over-year growth rate of 2.9%. The business is expected to report its next quarterly earnings report on Wednesday, November 21st.

On average, analysts expect that YPF will report full-year sales of $15.53 billion for the current year, with estimates ranging from $15.27 billion to $15.89 billion. For the next fiscal year, analysts expect that the firm will post sales of $17.03 billion, with estimates ranging from $16.39 billion to $17.84 billion. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that follow YPF.

YPF (NYSE:YPF) last announced its earnings results on Tuesday, August 7th. The oil and gas exploration company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.23 by $0.10. YPF had a return on equity of 12.53% and a net margin of 6.37%. The company had revenue of $6.06 billion for the quarter, compared to analyst estimates of $4.02 billion.

Several research analysts have issued reports on the company. Zacks Investment Research upgraded YPF from a “hold” rating to a “buy” rating and set a $15.00 price target on the stock in a report on Friday, October 26th. Credit Suisse Group upgraded YPF from a “neutral” rating to an “outperform” rating in a report on Thursday, October 25th. Finally, Bank of America cut their price target on YPF from $26.00 to $22.00 and set a “buy” rating on the stock in a report on Friday, September 14th. One research analyst has rated the stock with a sell rating, two have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. YPF has an average rating of “Buy” and a consensus price target of $23.20.

NYSE:YPF traded up $0.08 on Thursday, hitting $15.76. The stock had a trading volume of 1,140,576 shares, compared to its average volume of 971,709. The firm has a market cap of $6.20 billion, a P/E ratio of 8.29 and a beta of 1.77. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.93 and a current ratio of 1.22. YPF has a 52 week low of $13.14 and a 52 week high of $26.70.

A number of large investors have recently made changes to their positions in YPF. NN Investment Partners Holdings N.V. boosted its holdings in YPF by 42.8% in the second quarter. NN Investment Partners Holdings N.V. now owns 12,000 shares of the oil and gas exploration company’s stock worth $163,000 after acquiring an additional 3,595 shares in the last quarter. Paloma Partners Management Co bought a new position in YPF in the second quarter worth approximately $210,000. Capital Fund Management S.A. purchased a new stake in shares of YPF in the second quarter worth approximately $224,000. Fisher Asset Management LLC raised its stake in shares of YPF by 31.7% in the third quarter. Fisher Asset Management LLC now owns 17,869 shares of the oil and gas exploration company’s stock worth $276,000 after purchasing an additional 4,302 shares during the last quarter. Finally, Engineers Gate Manager LP purchased a new stake in shares of YPF in the second quarter worth approximately $353,000. Institutional investors and hedge funds own 25.38% of the company’s stock.

About YPF

YPF Sociedad Anonima, an energy company, operates in the oil and gas upstream and downstream activities in Argentina. The company involved in the exploration, development, and production of crude oil, natural gas, and liquefied petroleum gas (LPG). It is also engages in the refining, marketing, transportation, and distribution of oil, petroleum products, petroleum derivatives, petrochemicals, LPG, and bio-fuels, as well as in gas separation and natural gas distribution operations.

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