YPF Sociedad Anonima (YPF) Upgraded to Strong Buy: Here's Why

Core Viewpoint - YPF Sociedad Anonima has been upgraded to a Zacks Rank 1 (Strong Buy) due to an upward trend in earnings estimates, indicating a positive earnings outlook that may lead to increased stock price [1][3]. Earnings Estimates and Stock Price Movement - The Zacks rating system emphasizes the correlation between changes in earnings estimates and near-term stock price movements, suggesting that rising earnings estimates can lead to buying pressure and higher stock prices [4][5]. - For the fiscal year ending December 2024, YPF is expected to earn $7.68 per share, reflecting a 50.6% increase from the previous year [8]. Zacks Rating System - The Zacks Rank stock-rating system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. - The upgrade of YPF to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, indicating strong potential for market-beating returns in the near term [11]. Analyst Sentiment - Analysts have consistently raised their earnings estimates for YPF, with the Zacks Consensus Estimate increasing by 50.2% over the past three months [8].