So-Young International Inc ADR (NASDAQ: SY) stock jumped 1.74% on Friday to $1.17 against a previous-day closing price of $1.15. With 0.38 million shares changed hands, the volume of the stock remained heavier than its average volume of 95940.0 shares. During the session, the Health Information Services company that operates in wider Healthcare sector, reached to the highest price of $1.2200 whereas the lowest price it dropped to was $1.1101. The 52-week range on SY shows that it touched its highest point at $3.07 and its lowest point at $0.58 during that stretch. It currently has a 1-year price target of $2.22. Beta for the stock currently stands at 0.96.
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 9.35%, but this was up by 29.96% over a month. Three-month performance dropped to -10.69% while six-month performance fell -52.82%. The stock gained 91.83% in the past year, while it has lost -9.30% so far this year. A look at the trailing 12-month EPS for SY yields 0.02 with Next year EPS estimates of 0.14. 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 -40.24%.
Float and Shares Shorts:
At present, 105.10 million SY shares are outstanding with a float of 68.77 million shares on hand for trading. On Oct 30, 2023, short shares totaled 56220.0, which was 0.06% higher than short shares on Sep 28, 2023. In addition to Mr. Xing Jin as the firm’s Co-Founder, CEO & Chairman, Mr. Tao Yu serves as its Co-Founder & Consultant.
Institutional Ownership:
Through their ownership of 29.17% of SY’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 8.67% of SY, in contrast to 0.89% held by mutual funds. As the largest shareholder in SY with 3.57% of the stake, TBP Investment Advisory holds 3,067,873 shares worth 3,067,873. A second-largest stockholder of SY, Oasis Management, holds 2,505,807 shares, controlling over 2.91% of the firm’s shares. Renaissance Technologies LLC is the third largest shareholder in SY, holding 666,324 shares or 0.78% stake. With a 0.60% stake in SY, the Government Pension Fund – Global is the largest stakeholder. A total of 513,221 shares are owned by the mutual fund manager. The DFA Emerging Markets Small Cap Se, which owns about 0.10% of SY stock, is the second-largest Mutual Fund holder. It holds 83,482 shares valued at 76803.0. Invesco Golden Dragon China ETF holds 0.09% of the stake in SY, owning 75,420 shares worth 69386.0.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SY since 0 analysts follow the stock currently. 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 $19.01 and a low target of $14.58, the average target price over the next 12 months is $15.87. Based on these targets, SY could surge 1524.79% to reach the target high and rise by 1146.15% to reach the target low. Reaching the average price target will result in a growth of 1256.41% from current levels.
