JPMorgan Chase & Co. Issues Pessimistic Forecast for YPF Sociedad Anonima (NYSE:YPF) Stock Price

YPF Sociedad Anonima (NYSE:YPF) had its price target cut by analysts at JPMorgan Chase & Co. from $47.00 to $44.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has an “overweight” rating on the oil and gas exploration company’s stock. JPMorgan Chase & Co.‘s target price indicates a potential upside of 69.10% from the stock’s current price.

Several other analysts have also recently weighed in on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of YPF Sociedad Anonima in a research report on Wednesday, October 8th. Zacks Research cut YPF Sociedad Anonima from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 9th. Finally, Wall Street Zen raised YPF Sociedad Anonima from a “sell” rating to a “hold” rating in a research report on Friday, June 27th. Three investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, YPF Sociedad Anonima presently has an average rating of “Hold” and a consensus target price of $43.60.

YPF Sociedad Anonima Stock Performance

YPF Sociedad Anonima stock opened at $26.02 on Friday. The stock’s 50 day simple moving average is $28.29 and its two-hundred day simple moving average is $31.38. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.55 and a current ratio of 0.75. The stock has a market cap of $10.23 billion, a price-to-earnings ratio of 8.39, a PEG ratio of 0.51 and a beta of 1.72. YPF Sociedad Anonima has a fifty-two week low of $22.82 and a fifty-two week high of $47.43.

YPF Sociedad Anonima (NYSE:YPF) last posted its quarterly earnings data on Thursday, August 7th. The oil and gas exploration company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.56 by ($0.43). The firm had revenue of $3.47 million for the quarter, compared to the consensus estimate of $3.37 million. YPF Sociedad Anonima had a net margin of 6.32% and a return on equity of 12.39%. As a group, analysts expect that YPF Sociedad Anonima will post 7.25 earnings per share for the current fiscal year.

Hedge Funds Weigh In On YPF Sociedad Anonima

A number of hedge funds have recently added to or reduced their stakes in YPF. Deltec Asset Management LLC raised its holdings in YPF Sociedad Anonima by 251.9% in the 1st quarter. Deltec Asset Management LLC now owns 47,500 shares of the oil and gas exploration company’s stock worth $1,664,000 after acquiring an additional 34,000 shares during the last quarter. Sunbelt Securities Inc. raised its holdings in YPF Sociedad Anonima by 742.6% in the 1st quarter. Sunbelt Securities Inc. now owns 1,938 shares of the oil and gas exploration company’s stock worth $68,000 after acquiring an additional 1,708 shares during the last quarter. North of South Capital LLP raised its holdings in YPF Sociedad Anonima by 12.2% in the 1st quarter. North of South Capital LLP now owns 1,387,350 shares of the oil and gas exploration company’s stock worth $48,613,000 after acquiring an additional 150,366 shares during the last quarter. GF Fund Management CO. LTD. purchased a new position in YPF Sociedad Anonima in the 1st quarter worth approximately $1,930,000. Finally, Diversify Wealth Management LLC raised its holdings in YPF Sociedad Anonima by 14.1% in the 1st quarter. Diversify Wealth Management LLC now owns 50,208 shares of the oil and gas exploration company’s stock worth $1,759,000 after acquiring an additional 6,221 shares during the last quarter. 10.08% of the stock is currently owned by hedge funds and other institutional investors.

About YPF Sociedad Anonima

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.