Yatsen Holding Ltd ADR (NYSE: YSG) stock fell -18.92% on Monday to $0.70 against a previous-day closing price of $0.87. With 11.21 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.7 million shares. During the session, the Household & Personal Products company that operates in wider Consumer Defensive sector, reached to the highest price of $0.9099 whereas the lowest price it dropped to was $0.6000. The 52-week range on YSG shows that it touched its highest point at $1.82 and its lowest point at $0.76 during that stretch. It currently has a 1-year price target of $1.17. Beta for the stock currently stands at -2.15.
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 YSG was down-trending over the past week, with a drop of -14.80%, but this was down by -24.82% over a month. Three-month performance dropped to -30.50% while six-month performance fell -26.11%. The stock lost -41.01% in the past year, while it has lost -51.92% so far this year. A look at the trailing 12-month EPS for YSG yields -0.08 with Next year EPS estimates of 0.04.
Float and Shares Shorts:
At present, 392.42 million YSG shares are outstanding with a float of 362.21 million shares on hand for trading. On Oct 30, 2023, short shares totaled 2.06 million, which was 0.37% higher than short shares on Sep 28, 2023. In addition to Mr. Donghao Yang as the firm’s CFO & Director, Mr. Jinfeng Huang serves as its Founder, CEO & Chairman of the Board of Directors.
Other institutions hold 4.51% of YSG, in contrast to 10.95% held by mutual funds. As the largest shareholder in YSG with 8.90% of the stake, HHLR Advisors Ltd. holds 34,939,200 shares worth 34,939,200. A second-largest stockholder of YSG, The Vanguard Group, Inc., holds 9,501,201 shares, controlling over 2.42% of the firm’s shares. Renaissance Technologies LLC is the third largest shareholder in YSG, holding 2,865,346 shares or 0.73% stake. With a 1.06% stake in YSG, the Vanguard Emerging Markets Stock I is the largest stakeholder. A total of 4,166,399 shares are owned by the mutual fund manager. The Vanguard Total International Stoc, which owns about 1.04% of YSG stock, is the second-largest Mutual Fund holder. It holds 4,083,865 shares valued at 3.36 million. Government Pension Fund – Global holds 0.62% of the stake in YSG, owning 2,424,909 shares worth 2.0 million.
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for YSG 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 YSG analysts setting a high price target of $8.73 and a low target of $8.29, the average target price over the next 12 months is $8.51. Based on these targets, YSG could surge 1147.14% to reach the target high and rise by 1084.29% to reach the target low. Reaching the average price target will result in a growth of 1115.71% from current levels.