Yatsen Holding Limited (NYSE:YSG - Get Free Report) shares saw an uptick in trading volume on Thursday . 208,540 shares traded hands during mid-day trading, an increase of 4% from the previous session's volume of 201,288 shares.The stock last traded at $9.12 and had previously closed at $8.91.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen upgraded shares of Yatsen from a "hold" rating to a "buy" rating in a research report on Saturday.
Check Out Our Latest Report on YSG
Yatsen Stock Performance
The company has a 50-day moving average of $4.99 and a 200-day moving average of $4.42. The firm has a market capitalization of $847.03 million, a price-to-earnings ratio of -8.43 and a beta of -2.40.
Yatsen (NYSE:YSG - Get Free Report) last issued its quarterly earnings data on Friday, May 16th. The company reported ($0.01) earnings per share (EPS) for the quarter. The company had revenue of $114.86 million for the quarter. Yatsen had a negative return on equity of 11.65% and a negative net margin of 24.65%. As a group, analysts anticipate that Yatsen Holding Limited will post -0.32 EPS for the current fiscal year.
Yatsen announced that its board has initiated a share buyback plan on Friday, May 16th that allows the company to repurchase $0.00 in outstanding shares. This repurchase authorization allows the company to purchase shares of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's leadership believes its shares are undervalued.
Institutional Trading of Yatsen
A number of institutional investors have recently made changes to their positions in YSG. Yiheng Capital Management L.P. bought a new stake in Yatsen during the 4th quarter worth about $42,000. Bank of America Corp DE bought a new position in Yatsen in the fourth quarter valued at approximately $42,000. Marshall Wace LLP acquired a new position in shares of Yatsen during the 4th quarter worth approximately $47,000. Public Employees Retirement System of Ohio raised its stake in shares of Yatsen by 1,446.8% during the 4th quarter. Public Employees Retirement System of Ohio now owns 12,699 shares of the company's stock worth $51,000 after purchasing an additional 11,878 shares in the last quarter. Finally, BNP Paribas Financial Markets boosted its holdings in shares of Yatsen by 22.8% in the 4th quarter. BNP Paribas Financial Markets now owns 18,494 shares of the company's stock valued at $74,000 after buying an additional 3,435 shares during the last quarter.
Yatsen Company Profile
(
Get Free Report)
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.
See Also
Before you consider Yatsen, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Yatsen wasn't on the list.
While Yatsen currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
