Yatsen (NYSE:YSG) PT Lowered to $3.80

Yatsen (NYSE:YSG) had its price target decreased by JPMorgan Chase & Co. from $4.70 to $3.80 in a research note issued to investors on Monday morning, Benzinga reports. JPMorgan Chase & Co. currently has a neutral rating on the stock.

Yatsen Trading Down 0.6 %

Shares of YSG opened at $3.17 on Monday. The stock’s 50 day moving average is $3.78 and its two-hundred day moving average is $3.34. Yatsen has a twelve month low of $1.99 and a twelve month high of $6.65. The firm has a market capitalization of $321.85 million, a PE ratio of -2.62 and a beta of -2.77.

Yatsen (NYSE:YSG) last issued its earnings results on Wednesday, May 22nd. The company reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.08) by ($0.07). Yatsen had a negative return on equity of 12.10% and a negative net margin of 27.06%. The company had revenue of $107.11 million for the quarter, compared to analysts’ expectations of $109.98 million. On average, sell-side analysts predict that Yatsen will post -0.01 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in YSG. Acadian Asset Management LLC acquired a new position in Yatsen in the first quarter valued at $189,000. California Public Employees Retirement System increased its stake in shares of Yatsen by 14.2% during the 4th quarter. California Public Employees Retirement System now owns 511,730 shares of the company’s stock valued at $374,000 after acquiring an additional 63,646 shares during the last quarter. Helios Capital Management PTE. Ltd. purchased a new position in shares of Yatsen during the 4th quarter worth about $732,000. Finally, Lansdowne Partners UK LLP acquired a new stake in shares of Yatsen in the third quarter worth approximately $1,217,000.

About Yatsen

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.