YPF Sociedad Anónima (NYSE:YPF) Releases Earnings Results, Misses Expectations By $1.95 EPS

YPF Sociedad Anónima (NYSE:YPF) released its quarterly earnings results on Monday. The oil and gas exploration company reported $0.31 EPS for the quarter, missing the consensus estimate of $2.26 by ($1.95), FiscalAI reports. YPF Sociedad Anónima had a negative net margin of 2.16% and a positive return on equity of 1.11%. The business had revenue of $6.57 billion during the quarter, compared to analyst estimates of $5.99 billion.

YPF Sociedad Anónima Stock Up 3.5%

NYSE YPF opened at $50.88 on Tuesday. The company has a debt-to-equity ratio of 0.76, a current ratio of 0.94 and a quick ratio of 0.73. YPF Sociedad Anónima has a fifty-two week low of $22.82 and a fifty-two week high of $57.49. The stock has a market capitalization of $20.01 billion, a PE ratio of -48.92 and a beta of 1.28. The business has a fifty day moving average price of $50.05 and a two-hundred day moving average price of $44.56.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on YPF. Weiss Ratings raised shares of YPF Sociedad Anónima from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, May 28th. UBS Group lifted their price target on shares of YPF Sociedad Anónima from $45.00 to $48.00 and gave the company a “neutral” rating in a research report on Wednesday, May 27th. Wall Street Zen raised YPF Sociedad Anónima from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 18th. Finally, Zacks Research cut YPF Sociedad Anónima from a “strong-buy” rating to a “hold” rating in a report on Monday, June 29th. Two equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $46.00.

Insider Activity

In other YPF Sociedad Anónima news, CEO Horacio Daniel Marin bought 2,840 shares of the stock in a transaction on Thursday, July 2nd. The stock was purchased at an average price of $46.35 per share, with a total value of $131,634.00. Following the completion of the purchase, the chief executive officer owned 92,193 shares in the company, valued at $4,273,145.55. The trade was a 3.18% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Matias Osvaldo Farina bought 8,875 shares of the company’s stock in a transaction dated Thursday, July 2nd. The stock was bought at an average cost of $45.22 per share, with a total value of $401,327.50. Following the acquisition, the vice president directly owned 55,687 shares of the company’s stock, valued at approximately $2,518,166.14. The trade was a 18.96% increase in their position. The SEC filing for this purchase provides additional information. Insiders purchased 11,792 shares of company stock worth $537,153 over the last ninety days.

Institutional Investors Weigh In On YPF Sociedad Anónima

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Van ECK Associates Corp lifted its stake in YPF Sociedad Anónima by 153.6% in the 4th quarter. Van ECK Associates Corp now owns 19,430 shares of the oil and gas exploration company’s stock valued at $703,000 after purchasing an additional 11,767 shares during the last quarter. Marex Group plc increased its holdings in shares of YPF Sociedad Anónima by 5.7% during the fourth quarter. Marex Group plc now owns 9,702 shares of the oil and gas exploration company’s stock worth $351,000 after buying an additional 522 shares in the last quarter. HighTower Advisors LLC increased its holdings in shares of YPF Sociedad Anónima by 3.3% during the fourth quarter. HighTower Advisors LLC now owns 8,523 shares of the oil and gas exploration company’s stock worth $308,000 after buying an additional 275 shares in the last quarter. Boothbay Fund Management LLC bought a new position in shares of YPF Sociedad Anónima in the 3rd quarter valued at $699,000. Finally, Amundi lifted its stake in shares of YPF Sociedad Anónima by 14.3% in the 3rd quarter. Amundi now owns 64,991 shares of the oil and gas exploration company’s stock valued at $1,600,000 after acquiring an additional 8,115 shares during the last quarter. 10.08% of the stock is owned by institutional investors.

About YPF Sociedad Anónima

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.