Yatsen (NYSE:YSG) Issues Quarterly Earnings Results

Yatsen (NYSE:YSG) announced its quarterly earnings results on Thursday. The company reported ($0.14) earnings per share (EPS) for the quarter, FiscalAI reports. Yatsen had a negative net margin of 4.63% and a negative return on equity of 7.13%. The business had revenue of $168.12 million during the quarter.

Yatsen Stock Down 5.9%

NYSE:YSG opened at $2.38 on Friday. The company has a market capitalization of $223.27 million, a PE ratio of -7.44 and a beta of -1.54. Yatsen has a 52-week low of $2.15 and a 52-week high of $10.70. The stock’s 50 day moving average price is $3.27 and its 200 day moving average price is $3.29.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Yatsen in a research report on Thursday, August 13th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

Hedge Funds Weigh In On Yatsen

A number of institutional investors have recently modified their holdings of the business. New York State Common Retirement Fund acquired a new stake in Yatsen during the 4th quarter worth $27,000. Persistent Asset Partners Ltd boosted its stake in shares of Yatsen by 106.6% during the fourth quarter. Persistent Asset Partners Ltd now owns 10,332 shares of the company’s stock worth $40,000 after buying an additional 5,332 shares during the period. Bank of America Corp DE purchased a new position in shares of Yatsen during the fourth quarter worth about $42,000. Police & Firemen s Retirement System of New Jersey acquired a new position in Yatsen in the 4th quarter valued at about $47,000. Finally, Virtu Financial LLC acquired a new position in Yatsen in the 4th quarter valued at about $48,000.

About Yatsen

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.