Yatsen (NYSE:YSG - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a note issued to investors on Saturday.
Yatsen Stock Performance
Shares of YSG stock traded down $0.10 on Friday, hitting $9.19. 874,962 shares of the stock traded hands, compared to its average volume of 206,774. The firm's 50-day moving average price is $4.99 and its two-hundred day moving average price is $4.42. The stock has a market capitalization of $847.03 million, a PE ratio of -8.43 and a beta of -2.40. Yatsen has a twelve month low of $2.60 and a twelve month high of $9.56.
Yatsen (NYSE:YSG - Get Free Report) last posted its earnings results on Friday, May 16th. The company reported ($0.01) EPS for the quarter. The company had revenue of $114.86 million during the quarter. Yatsen had a negative net margin of 24.65% and a negative return on equity of 11.65%. On average, equities research analysts anticipate that Yatsen will post -0.32 EPS for the current fiscal year.
Yatsen announced that its Board of Directors has initiated a share buyback 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. Stock buyback programs are usually a sign that the company's board of directors believes its shares are undervalued.
Institutional Trading of Yatsen
A number of large investors have recently made changes to their positions in the company. Jane Street Group LLC increased its stake in Yatsen by 113.8% in the fourth quarter. Jane Street Group LLC now owns 104,785 shares of the company's stock valued at $417,000 after purchasing an additional 55,766 shares during the last quarter. Public Employees Retirement System of Ohio boosted its holdings in shares of Yatsen by 1,446.8% in the fourth quarter. Public Employees Retirement System of Ohio now owns 12,699 shares of the company's stock valued at $51,000 after acquiring an additional 11,878 shares during the period. Barclays PLC lifted its holdings in shares of Yatsen by 6.9% during the fourth quarter. Barclays PLC now owns 174,156 shares of the company's stock worth $693,000 after purchasing an additional 11,187 shares during the period. Marshall Wace LLP acquired a new stake in shares of Yatsen during the fourth quarter worth $47,000. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in shares of Yatsen during the fourth quarter worth $188,000.
Yatsen Company Profile
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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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