Yatsen (NYSE:YSG) Hits New 1-Year High – Should You Buy?

Shares of Yatsen Holding Limited (NYSE:YSG) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $9.75 and last traded at $9.60, with a volume of 122914 shares traded. The stock had previously closed at $9.15.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen raised Yatsen from a “hold” rating to a “buy” rating in a research note on Saturday.

Yatsen Stock Performance

The stock has a market cap of $849.43 million, a PE ratio of -8.49 and a beta of -2.40. The stock has a fifty day moving average price of $4.99 and a 200 day moving average price of $4.41.

Yatsen (NYSE:YSG) last released its earnings results on Friday, May 16th. The company reported ($0.01) EPS for the quarter. The business had revenue of $114.86 million for the quarter. Yatsen had a negative net margin of 24.65% and a negative return on equity of 11.65%. As a group, equities analysts anticipate that Yatsen Holding Limited will post -0.32 earnings per share for the current fiscal year.

Yatsen declared that its board has initiated a share buyback plan on Friday, May 16th that allows the company to buyback $0.00 in outstanding shares. This buyback authorization allows the company to purchase shares of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board believes its shares are undervalued.

Institutional Trading of Yatsen

Hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC raised its position in shares of Yatsen by 113.8% in the 4th quarter. Jane Street Group LLC now owns 104,785 shares of the company’s stock worth $417,000 after acquiring an additional 55,766 shares in the last quarter. Public Employees Retirement System of Ohio raised its holdings in 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 worth $51,000 after purchasing an additional 11,878 shares in the last quarter. Barclays PLC raised its holdings in Yatsen by 6.9% in 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. Marshall Wace LLP purchased a new stake in shares of Yatsen during the fourth quarter valued at about $47,000. Finally, Arrowstreet Capital Limited Partnership bought a new stake in shares of Yatsen in the 4th quarter valued at about $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.