A better buy-in window may exist right now for So-Young International Inc. (SY)

So-Young International Inc. (NASDAQ: SY) stock jumped 2.86% on Tuesday to $2.52 against a previous-day closing price of $2.45. With 1.23 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.4 million shares. During the session, the Health Information Services company that operates in wider Healthcare sector, reached to the highest price of $2.6600 whereas the lowest price it dropped to was $2.4100. The 52-week range on SY shows that it touched its highest point at $2.78 and its lowest point at $0.50 during that stretch. It currently has a 1-year price target of $1.13. Beta for the stock currently stands at 0.49.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SY was up-trending over the past week, with a rise of 40.00%, but this was up by 80.00% over a month. Three-month performance surged to 342.34% while six-month performance rose 179.19%. The stock lost -10.00% in the past year, while it has gained 95.35% so far this year. A look at the trailing 12-month EPS for SY yields -0.17 with Next year EPS estimates of -0.09. EPS is expected to grow by 8.91% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 40.10%.

Float and Shares Shorts:

At present, 107.83 million SY shares are outstanding with a float of 24.51 million shares on hand for trading. On Dec 29, 2022, short shares totaled 0.21 million, which was 0.19% higher than short shares on Nov 29, 2022. In addition to Mr. Xing Jin as the firm’s Co-Founder, CEO, Chairman & Interim CFO, Mr. Tao Yu serves as its Co-Founder & Consultant.


Institutional Ownership:

Through their ownership of 60.07% of SY’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 13.81% of SY, in contrast to 1.35% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in SY with 4.89% of the stake, Oasis Management holds 4,420,424 shares worth 4,420,424. A second-largest stockholder of SY, TBP Investment Advisory, holds 3,067,873 shares, controlling over 3.40% of the firm’s shares. UBS O’Connor LLC is the third largest shareholder in SY, holding 1,076,000 shares or 1.19% stake. With a 1.01% stake in SY, the Government Pension Fund – Global is the largest stakeholder. A total of 908,572 shares are owned by the mutual fund manager. The Lemanik SICAV – Asian Opportunity, which owns about 0.17% of SY stock, is the second-largest Mutual Fund holder. It holds 150,000 shares valued at 0.19 million. DFA Emerging Markets Small Cap Se holds 0.09% of the stake in SY, owning 83,482 shares worth 0.11 million.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Sep 29, 2022, SY reported revenue of $309.08M and operating income of -$42.02M. The EBITDA in the recently reported quarter was -$42.49M and diluted EPS was -$0.30.


Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SY since 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SY analysts setting a high price target of $8.55 and a low target of $5.70, the average target price over the next 12 months is $7.48. Based on these targets, SY could surge 239.29% to reach the target high and rise by 126.19% to reach the target low. Reaching the average price target will result in a growth of 196.83% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. SY will report FY 2022 earnings on 03/22/2024. Analysts have provided yearly estimates in a range of -$0.55 being high and -$1.20 being low. For SY, this leads to a yearly average estimate of -$0.87. Based on analyst estimates, the high estimate for the next quarter is $0.23 and the low estimate is $0.23. The average estimate for the next quarter is thus $0.23.

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