YPF (NYSE:YPF) Shares Gap Down to $5.85

YPF SA (NYSE:YPF)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $5.97, but opened at $5.85. YPF shares last traded at $5.85, with a volume of 1,423,900 shares.

A number of equities research analysts have recently issued reports on YPF shares. Citigroup raised shares of YPF from a “sell” rating to a “neutral” rating and set a $4.20 target price for the company in a report on Wednesday, April 29th. ValuEngine raised shares of YPF from a “hold” rating to a “buy” rating in a report on Friday, May 1st. JPMorgan Chase & Co. lowered shares of YPF from a “neutral” rating to an “underweight” rating in a report on Monday, June 22nd. Zacks Investment Research lowered shares of YPF from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Finally, Raymond James lowered shares of YPF from a “strong-buy” rating to an “outperform” rating in a report on Tuesday, March 17th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. YPF has an average rating of “Hold” and a consensus target price of $9.23.

The company has a debt-to-equity ratio of 0.72, a current ratio of 0.86 and a quick ratio of 0.60. The stock’s fifty day moving average is $5.15 and its 200-day moving average is $6.99. The stock has a market cap of $2.26 billion, a PE ratio of -5.79 and a beta of 1.66.

YPF (NYSE:YPF) last announced its earnings results on Tuesday, May 12th. The oil and gas exploration company reported $0.05 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.50) by $0.55. The company had revenue of $2.85 billion during the quarter, compared to analyst estimates of $2.71 billion. YPF had a negative net margin of 2.86% and a positive return on equity of 1.53%. On average, sell-side analysts expect that YPF SA will post -1.36 EPS for the current fiscal year.

A number of hedge funds have recently made changes to their positions in YPF. Goldman Sachs Group Inc. boosted its stake in YPF by 131.4% during the fourth quarter. Goldman Sachs Group Inc. now owns 800,330 shares of the oil and gas exploration company’s stock worth $9,268,000 after buying an additional 3,349,672 shares during the period. FMR LLC purchased a new position in YPF during the first quarter worth about $12,605,000. Renaissance Technologies LLC boosted its stake in YPF by 83.2% during the fourth quarter. Renaissance Technologies LLC now owns 1,517,600 shares of the oil and gas exploration company’s stock worth $17,574,000 after buying an additional 689,300 shares during the period. State Street Corp boosted its stake in YPF by 7.4% during the first quarter. State Street Corp now owns 5,554,907 shares of the oil and gas exploration company’s stock worth $23,164,000 after buying an additional 382,355 shares during the period. Finally, BNP Paribas Arbitrage SA boosted its stake in YPF by 76.6% during the first quarter. BNP Paribas Arbitrage SA now owns 826,863 shares of the oil and gas exploration company’s stock worth $3,448,000 after buying an additional 358,700 shares during the period. 14.41% of the stock is owned by institutional investors.

YPF Company Profile (NYSE: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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