YPF Sociedad Anónima (NYSE:YPF) Downgraded to Underperform at Credit Suisse Group


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YPF Sociedad Anónima (NYSE:YPF) was downgraded by stock analysts at Credit Suisse Group from a “neutral” rating to an “underperform” rating in a research note issued on Thursday, Briefing.com reports. They currently have a $3.00 target price on the oil and gas exploration company’s stock. Credit Suisse Group’s price objective indicates a potential downside of 26.65% from the company’s previous close.

Several other equities analysts have also recently issued reports on the stock. Santander cut shares of YPF Sociedad Anónima from a “hold” rating to an “underperform” rating in a research report on Tuesday, December 8th. BidaskClub cut shares of YPF Sociedad Anónima from a “hold” rating to a “sell” rating in a research report on Tuesday, January 5th. Finally, UBS Group cut shares of YPF Sociedad Anónima from a “neutral” rating to a “sell” rating and decreased their price objective for the stock from $6.00 to $4.00 in a research report on Thursday, December 3rd. Six equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $4.68.

Shares of NYSE YPF opened at $4.09 on Thursday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.60 and a current ratio of 0.87. YPF Sociedad Anónima has a 52-week low of $2.25 and a 52-week high of $10.66. The firm has a 50 day moving average price of $5.06 and a two-hundred day moving average price of $5.01. The stock has a market cap of $1.61 billion, a P/E ratio of -1.01 and a beta of 1.69.

YPF Sociedad Anónima (NYSE:YPF) last announced its quarterly earnings results on Sunday, November 15th. The oil and gas exploration company reported ($1.18) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.42) by ($0.76). YPF Sociedad Anónima had a negative net margin of 13.27% and a negative return on equity of 4.01%. The business had revenue of $2.33 billion during the quarter, compared to analyst estimates of $2.61 billion. Analysts predict that YPF Sociedad Anónima will post -1.72 earnings per share for the current fiscal year.

A number of hedge funds and other institutional investors have recently modified their holdings of YPF. Akanthos Capital Management LLC boosted its stake in YPF Sociedad Anónima by 100.0% during the fourth quarter. Akanthos Capital Management LLC now owns 100,000 shares of the oil and gas exploration company’s stock worth $1,572,000 after acquiring an additional 50,000 shares in the last quarter. Commonwealth Opportunity Capital GP LLC bought a new position in YPF Sociedad Anónima during the fourth quarter worth $19,034,000. Oxford Asset Management bought a new position in YPF Sociedad Anónima during the fourth quarter worth $37,160,000. Commerzbank Aktiengesellschaft FI boosted its stake in YPF Sociedad Anónima by 1.5% during the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 611,256 shares of the oil and gas exploration company’s stock worth $9,609,000 after acquiring an additional 8,988 shares in the last quarter. Finally, Todd Asset Management LLC boosted its stake in YPF Sociedad Anónima by 0.5% during the fourth quarter. Todd Asset Management LLC now owns 316,845 shares of the oil and gas exploration company’s stock worth $4,981,000 after acquiring an additional 1,652 shares in the last quarter. 15.48% of the stock is currently owned by institutional investors and hedge funds.

YPF Sociedad Anónima Company Profile

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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Analyst Recommendations for YPF Sociedad Anónima (NYSE:YPF)

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