YPF Sociedad Anónima (NYSE:YPF) Stock Price Up 9.6% – Time to Buy?

Shares of YPF Sociedad Anónima (NYSE:YPF) rose 9.6% during trading on Monday . The stock traded as high as $35.62 and last traded at $35.51. Approximately 1,914,937 shares were traded during trading, a decline of 8% from the average daily volume of 2,088,875 shares. The stock had previously closed at $32.39.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on YPF shares. StockNews.com cut YPF Sociedad Anónima from a “buy” rating to a “hold” rating in a research report on Monday. The Goldman Sachs Group lifted their target price on YPF Sociedad Anónima from $22.90 to $25.60 and gave the stock a “neutral” rating in a report on Thursday, July 25th. Citigroup upgraded YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and raised their price target for the company from $24.00 to $33.00 in a report on Friday, November 1st. JPMorgan Chase & Co. increased their price objective on shares of YPF Sociedad Anónima from $24.00 to $25.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Finally, Jefferies Financial Group upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and boosted their target price for the stock from $23.50 to $30.00 in a report on Friday, August 30th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, YPF Sociedad Anónima presently has an average rating of “Hold” and a consensus target price of $27.37.

YPF Sociedad Anónima Stock Performance

The company has a quick ratio of 0.68, a current ratio of 0.88 and a debt-to-equity ratio of 0.59. The stock has a market cap of $14.62 billion, a P/E ratio of 17.95, a PEG ratio of 0.12 and a beta of 1.78. The business has a 50 day moving average price of $25.36 and a 200 day moving average price of $22.74.

Institutional Trading of YPF Sociedad Anónima

Several institutional investors and hedge funds have recently made changes to their positions in YPF. ABS Direct Equity Fund LLC purchased a new position in YPF Sociedad Anónima in the 3rd quarter worth about $318,000. Dorsey Wright & Associates increased its position in shares of YPF Sociedad Anónima by 12.5% during the third quarter. Dorsey Wright & Associates now owns 258,432 shares of the oil and gas exploration company’s stock worth $5,481,000 after acquiring an additional 28,617 shares during the period. Insigneo Advisory Services LLC raised its stake in shares of YPF Sociedad Anónima by 6.7% during the third quarter. Insigneo Advisory Services LLC now owns 47,348 shares of the oil and gas exploration company’s stock valued at $1,004,000 after acquiring an additional 2,992 shares in the last quarter. Itau Unibanco Holding S.A. purchased a new stake in shares of YPF Sociedad Anónima in the third quarter valued at approximately $4,539,000. Finally, Mirabella Financial Services LLP grew its stake in YPF Sociedad Anónima by 59.7% in the third quarter. Mirabella Financial Services LLP now owns 128,483 shares of the oil and gas exploration company’s stock worth $2,725,000 after purchasing an additional 48,025 shares in the last quarter. 10.08% of the stock is currently owned by institutional investors.

About YPF Sociedad Anónima

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.