YPF (NYSE:YPF) Downgraded to Strong Sell at ValuEngine

ValuEngine cut shares of YPF (NYSE:YPF) from a sell rating to a strong sell rating in a report issued on Thursday, ValuEngine reports.

Separately, Zacks Investment Research cut YPF from a buy rating to a hold rating in a research report on Saturday, May 18th.

Shares of NYSE YPF traded down $0.14 during trading hours on Thursday, hitting $15.88. The stock had a trading volume of 760,995 shares, compared to its average volume of 1,720,851. The firm has a market capitalization of $6.33 billion, a P/E ratio of 4.80 and a beta of 1.15. The company’s 50-day moving average price is $17.71. YPF has a 52 week low of $11.98 and a 52 week high of $18.73. The company has a quick ratio of 0.82, a current ratio of 1.13 and a debt-to-equity ratio of 0.79.

YPF (NYSE:YPF) last announced its quarterly earnings results on Thursday, May 9th. The oil and gas exploration company reported ($0.54) earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($1.07). YPF had a net margin of 4.70% and a return on equity of 6.75%. The company had revenue of $3.37 billion during the quarter, compared to the consensus estimate of $3.61 billion. Equities research analysts anticipate that YPF will post 1 earnings per share for the current fiscal year.

The company also recently declared an annual dividend, which was paid on Wednesday, July 10th. Investors of record on Wednesday, July 10th were issued a $0.138 dividend. This is a boost from YPF’s previous annual dividend of $0.08. The ex-dividend date of this dividend was Tuesday, July 9th. This represents a yield of 0.75%. YPF’s dividend payout ratio (DPR) is currently 4.23%.

Institutional investors have recently bought and sold shares of the stock. Lazard Asset Management LLC grew its holdings in YPF by 11.1% during the first quarter. Lazard Asset Management LLC now owns 30,663,401 shares of the oil and gas exploration company’s stock valued at $429,593,000 after purchasing an additional 3,054,247 shares during the period. Brandes Investment Partners LP grew its stake in shares of YPF by 6.7% in the first quarter. Brandes Investment Partners LP now owns 8,648,492 shares of the oil and gas exploration company’s stock worth $121,166,000 after purchasing an additional 544,643 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of YPF by 7.7% in the first quarter. The Manufacturers Life Insurance Company now owns 1,727,751 shares of the oil and gas exploration company’s stock worth $24,206,000 after purchasing an additional 123,383 shares during the last quarter. Millennium Management LLC grew its stake in shares of YPF by 90.4% in the fourth quarter. Millennium Management LLC now owns 943,577 shares of the oil and gas exploration company’s stock worth $12,634,000 after purchasing an additional 448,007 shares during the last quarter. Finally, FMR LLC bought a new stake in shares of YPF in the first quarter worth about $12,605,000. Institutional investors and hedge funds own 26.38% of the company’s stock.

YPF 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.

Further Reading: What does a market perform rating mean?

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for YPF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for YPF and related companies with MarketBeat.com's FREE daily email newsletter.