Yatsen (NYSE:YSG) Lowered to "Hold" Rating by Wall Street Zen

Yatsen (NYSE:YSG - Get Free Report) was downgraded by equities research analysts at Wall Street Zen from a "buy" rating to a "hold" rating in a research note issued on Sunday.

Yatsen Stock Up 3.6%

YSG stock opened at $9.49 on Friday. The business has a 50 day moving average price of $5.54 and a two-hundred day moving average price of $4.56. The company has a market cap of $874.89 million, a price-to-earnings ratio of -11.29 and a beta of -2.40. Yatsen has a twelve month low of $2.60 and a twelve month high of $9.81.

Yatsen (NYSE:YSG - Get Free Report) last posted its quarterly earnings results on Friday, May 16th. The company reported ($0.01) earnings per share for the quarter. The company had revenue of $114.86 million during the quarter. Yatsen had a negative net margin of 17.03% and a negative return on equity of 17.36%. On average, equities research analysts anticipate that Yatsen will post -0.32 EPS for the current fiscal year.

Yatsen declared that its board has authorized a share repurchase program on Friday, May 16th that allows the company to buyback $0.00 in outstanding shares. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company's management believes its shares are undervalued.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in YSG. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Yatsen in the 4th quarter valued at $452,000. Yiheng Capital Management L.P. lifted its position in shares of Yatsen by 816.7% during the 1st quarter. Yiheng Capital Management L.P. now owns 96,328 shares of the company's stock valued at $463,000 after acquiring an additional 85,820 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Yatsen by 43.1% during the 4th quarter. Dimensional Fund Advisors LP now owns 213,830 shares of the company's stock valued at $852,000 after acquiring an additional 64,416 shares during the period. Jane Street Group LLC lifted its position in shares of Yatsen by 113.8% during the 4th quarter. Jane Street Group LLC now owns 104,785 shares of the company's stock valued at $417,000 after acquiring an additional 55,766 shares during the period. Finally, Arrowstreet Capital Limited Partnership bought a new stake in shares of Yatsen during the 4th quarter valued at $188,000.

Yatsen Company Profile

Yatsen Holding Limited, together with its subsidiaries, engages in the development and sale of beauty products under the Perfect Diary, Little Ondine, Pink Bear, Abby's Choice, GalÃnic, DR.WU, Eve Lom, and EANTiM brands in the People's Republic of China. The company offers color cosmetics for lips, eyes, and face; skin care products, including face serums and creams, eye creams, masks, toners, makeup removers, cleansers, ampoules, and anti-acne patches; and beauty tools and kits, sunscreen products, and beauty devices.

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