Equities research analysts forecast that Ypf Sa (NYSE:YPF) will announce $4.07 billion in sales for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for YPF’s earnings, with the lowest sales estimate coming in at $3.98 billion and the highest estimate coming in at $4.15 billion. YPF posted sales of $3.82 billion during the same quarter last year, which indicates a positive year over year growth rate of 6.5%. The firm is expected to issue its next earnings results on Wednesday, November 21st.
On average, analysts expect that YPF will report full year sales of $15.74 billion for the current fiscal year, with estimates ranging from $15.27 billion to $16.05 billion. For the next fiscal year, analysts forecast that the firm will post sales of $16.69 billion per share, with estimates ranging from $16.09 billion to $17.14 billion. Zacks’ sales calculations are a mean average based on a survey of research analysts that follow YPF.
A number of equities analysts have weighed in on YPF shares. UBS Group downgraded shares of YPF from a “buy” rating to a “neutral” rating in a research note on Wednesday, June 27th. ValuEngine raised shares of YPF from a “strong sell” rating to a “sell” rating in a research note on Monday, July 2nd. Finally, Bank of America dropped their target price on shares of YPF from $26.00 to $22.00 and set a “buy” rating for the company in a research note on Friday, September 14th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $26.36.
Several hedge funds and other institutional investors have recently made changes to their positions in YPF. Zeke Capital Advisors LLC raised its stake in shares of YPF by 8.5% during the second quarter. Zeke Capital Advisors LLC now owns 39,673 shares of the oil and gas exploration company’s stock worth $539,000 after buying an additional 3,092 shares during the last quarter. NN Investment Partners Holdings N.V. raised its stake in shares of YPF by 42.8% during the second quarter. NN Investment Partners Holdings N.V. now owns 12,000 shares of the oil and gas exploration company’s stock worth $163,000 after buying an additional 3,595 shares during the last quarter. BNP Paribas Arbitrage SA raised its stake in shares of YPF by 20.9% during the first quarter. BNP Paribas Arbitrage SA now owns 35,078 shares of the oil and gas exploration company’s stock worth $758,000 after buying an additional 6,063 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of YPF during the first quarter worth approximately $231,000. Finally, Cynosure Advisors LLC bought a new stake in shares of YPF during the first quarter worth approximately $320,000. 25.26% of the stock is owned by institutional investors.
YPF Company Profile
YPF Sociedad Anonima, an energy company, operates in the oil and gas upstream and downstream activities in Argentina. The company involved in the exploration, development, and production of crude oil, natural gas, and liquefied petroleum gas (LPG). It is also engages 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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