Zacks Investment Research Upgrades YPF (NYSE:YPF) to “Hold”

YPF (NYSE:YPF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report issued on Saturday, Zacks.com reports.

According to Zacks, “YPF Sociedad Anonima is an international energy company, based on the integrated business of hydrocarbons, focalized in Latin America, with high standards of efficiency, profitability and responsibility. They have a dominant position in Argentina’s exploration, production, refining and marketing sectors, as well as a growing presence in petrochemicals. “

YPF has been the subject of a number of other reports. Raymond James reaffirmed a “buy” rating on shares of YPF in a report on Monday, August 12th. ValuEngine raised shares of YPF from a “strong sell” rating to a “sell” rating in a report on Wednesday, October 2nd.

Shares of YPF opened at $9.12 on Friday. The company has a debt-to-equity ratio of 0.83, a current ratio of 1.12 and a quick ratio of 0.82. YPF has a 1 year low of $8.04 and a 1 year high of $18.73. The company has a 50 day simple moving average of $9.11 and a two-hundred day simple moving average of $13.75. The firm has a market cap of $3.63 billion, a P/E ratio of 2.76 and a beta of 1.44.

YPF (NYSE:YPF) last announced its quarterly earnings data on Friday, August 16th. The oil and gas exploration company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.13). YPF had a net margin of 4.18% and a return on equity of 5.22%. The company had revenue of $3.65 billion for the quarter, compared to analysts’ expectations of $3.61 billion. On average, sell-side analysts anticipate that YPF will post 0.58 earnings per share for the current year.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Tower Research Capital LLC TRC purchased a new position in shares of YPF in the second quarter valued at $52,000. Panagora Asset Management Inc. purchased a new position in shares of YPF in the second quarter valued at $112,000. KBC Group NV purchased a new position in shares of YPF in the second quarter valued at $134,000. Marshall Wace LLP purchased a new position in shares of YPF in the first quarter valued at $114,000. Finally, AMP Capital Investors Ltd purchased a new position in shares of YPF in the second quarter valued at $183,000. 27.81% of the stock is owned by institutional investors and hedge funds.

About YPF

YPF Sociedad Anónima, an energy company, operates in the oil and gas upstream and downstream activities in Argentina. The company engages in the exploration, development, and production of crude oil, natural gas, and liquefied petroleum gas (LPG). It is also involved 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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