YPF Sociedad Anónima (NYSE:YPF) Reaches New 52-Week High – Time to Buy?

YPF Sociedad Anónima (NYSE:YPF) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $42.37 and last traded at $42.37, with a volume of 1353030 shares changing hands. The stock had previously closed at $40.65.

Wall Street Analysts Forecast Growth

YPF has been the subject of a number of research analyst reports. Citigroup cut shares of YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and raised their price target for the stock from $33.00 to $44.00 in a report on Wednesday, November 27th. UBS Group restated a “neutral” rating and issued a $38.00 target price (up previously from $30.00) on shares of YPF Sociedad Anónima in a research note on Wednesday, December 4th. StockNews.com downgraded YPF Sociedad Anónima from a “buy” rating to a “hold” rating in a research note on Wednesday, December 4th. Bank of America upgraded YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $31.00 to $55.00 in a research note on Monday. Finally, JPMorgan Chase & Co. upped their target price on YPF Sociedad Anónima from $24.00 to $25.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat, YPF Sociedad Anónima has a consensus rating of “Hold” and an average price target of $34.23.

YPF Sociedad Anónima Stock Performance

The company has a current ratio of 0.88, a quick ratio of 0.68 and a debt-to-equity ratio of 0.59. The firm’s fifty day moving average is $31.18 and its 200 day moving average is $24.72. The company has a market cap of $17.53 billion, a PE ratio of 22.20, a price-to-earnings-growth ratio of 0.13 and a beta of 1.94.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Blue Trust Inc. purchased a new position in shares of YPF Sociedad Anónima in the second quarter valued at approximately $26,000. Ashton Thomas Private Wealth LLC acquired a new position in YPF Sociedad Anónima in the 2nd quarter valued at $63,000. Activest Wealth Management purchased a new position in YPF Sociedad Anónima in the 3rd quarter valued at $144,000. SG Americas Securities LLC acquired a new stake in YPF Sociedad Anónima during the 2nd quarter worth $185,000. Finally, Deltec Asset Management LLC purchased a new stake in shares of YPF Sociedad Anónima during the third quarter worth $201,000. 10.08% of the stock is owned by hedge funds and other 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.