Yatsen (NYSE:YSG) Releases Earnings Results

Yatsen (NYSE:YSG) announced its quarterly earnings results on Thursday. The company reported ($0.14) earnings per share for the quarter, FiscalAI reports. The firm had revenue of $168.12 million during the quarter. Yatsen had a negative net margin of 3.04% and a negative return on equity of 4.54%.

Yatsen Trading Down 4.2%

YSG stock opened at $2.55 on Thursday. The business’s 50-day moving average price is $3.28 and its two-hundred day moving average price is $3.30. The firm has a market cap of $238.93 million, a PE ratio of -12.13 and a beta of -1.54. Yatsen has a 1-year low of $2.15 and a 1-year high of $10.70.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Yatsen in a report on Thursday, August 13th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the stock has a consensus rating of “Sell”.

Institutional Trading of Yatsen

Several hedge funds have recently bought and sold shares of the stock. New York State Common Retirement Fund acquired a new position in shares of Yatsen in the fourth quarter valued at approximately $27,000. Persistent Asset Partners Ltd lifted its position in Yatsen by 106.6% in the 4th quarter. Persistent Asset Partners Ltd now owns 10,332 shares of the company’s stock valued at $40,000 after acquiring an additional 5,332 shares in the last quarter. Bank of America Corp DE bought a new stake in Yatsen in the 4th quarter valued at $42,000. Police & Firemen s Retirement System of New Jersey acquired a new position in Yatsen in the 4th quarter worth $47,000. Finally, Virtu Financial LLC acquired a new position in Yatsen in the 4th quarter worth $48,000.

Yatsen Company Profile

Yatsen Holding Limited (NYSE: YSG) is a Shanghai-based beauty and personal care company founded in 2016. The firm operates as a digital-first cosmetics provider, designing, developing and marketing its own brands to a primarily Chinese consumer base. Since its inception, Yatsen has focused on leveraging data analytics and social media engagement to drive product innovation and brand awareness.

The company’s core portfolio includes Perfect Diary, a color-cosmetics brand offering lipsticks, eyeshadows, foundations and related accessories; Little Ondine, which specializes in nail lacquers and nail care products; Winona, a sensitive-skin skincare line; and Abby’s Choice, which features targeted skincare treatments.