Yatsen (NYSE:YSG) Trading Up 4.6% - What's Next?

Key Points

• Yatsen Holding Limited shares increased by 4.6% in trading, reaching a last price of $9.41, although the trading volume was down 62% compared to its average.
• Wall Street analysts downgraded Yatsen from a "buy" rating to a "hold" rating on August 2nd, reflecting caution regarding the stock's performance.
• The company reported a negative net margin of 17.03% and negative earnings per share projections of -0.32 for the current fiscal year.

Yatsen Holding Limited Sponsored ADR (NYSE:YSG - Get Free Report) shares were up 4.6% during trading on Tuesday . The stock traded as high as $9.46 and last traded at $9.41. Approximately 123,668 shares changed hands during trading, a decline of 62% from the average daily volume of 325,484 shares. The stock had previously closed at $8.99.

Wall Street Analyst Weigh In

Separately, Wall Street Zen lowered Yatsen from a "buy" rating to a "hold" rating in a research report on Saturday, August 2nd.

Yatsen Trading Up 4.2%

The firm has a 50 day simple moving average of $9.40 and a two-hundred day simple moving average of $6.17. The company has a market capitalization of $863.82 million, a PE ratio of -11.15 and a beta of -2.11.

Yatsen (NYSE:YSG - Get Free Report) last announced its earnings results on Friday, May 16th. The company reported ($0.01) earnings per share for the quarter. Yatsen had a negative net margin of 17.03% and a negative return on equity of 17.36%. The company had revenue of $114.86 million during the quarter. Research analysts expect that Yatsen Holding Limited Sponsored ADR will post -0.32 earnings per share for the current fiscal year.

Yatsen announced that its board has authorized 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 repurchase shares of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board of directors believes its shares are undervalued.

Institutional Trading of Yatsen

A number of institutional investors have recently modified their holdings of YSG. Russell Investments Group Ltd. purchased a new stake in shares of Yatsen in the fourth quarter valued at approximately $144,000. Barclays PLC boosted its position in 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 in the last quarter. XTX Topco Ltd boosted its position in Yatsen by 165.6% during the fourth quarter. XTX Topco Ltd now owns 33,729 shares of the company's stock worth $134,000 after purchasing an additional 21,028 shares in the last quarter. Marshall Wace LLP purchased a new stake in Yatsen during the fourth quarter worth $47,000. Finally, Dimensional Fund Advisors LP boosted its position in Yatsen by 43.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 213,830 shares of the company's stock worth $852,000 after purchasing an additional 64,416 shares in the last quarter.

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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