Analysts who follow Yatsen Holding Ltd – ADR (YSG) on average expect it to grow by 118.57% over the next twelve months. These same analysts give the stock an average rating of Hold. This average rating gives Yatsen Holding Ltd – ADR an analyst rating of 4, meaning it ranks above 4 of the stocks, based on data compiled by InvestorsObserver.
Why are analyst ratings important?
Analysts know better than anyone the inner workings of the companies they follow, except for the management of the companies. You can tell a lot about a company by studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in any part of the world can disrupt supply chains or disrupt shopping habits. This allows traders to make decisions before a quarterly report that could be worse than expected.
InvestorsObserver aggregates the ratings of all analysts covering a given stock, takes the average of those ratings, and then ranks the averages into percentiles. This provides a much better level of granularity than the three levels provided by traditional buy/hold/sell notations.
What’s going on with Yatsen Holding Ltd – ADR Stock today?
Yatsen Holding Ltd – ADR (YSG) stock rose 3.97% while the S&P 500 was down -0.02% at 9:52 a.m. on Monday, March 28. YSG rose $0.03 from the previous closing price of $0.74 on volume of 464,282 shares. Over the past year, the S&P 500 is up 14.38% while the YSG is down -93.18%. YSG has lost -$0.38 per share over the past 12 months. Click here for the full Yatsen Holding Ltd – ADR stock report.
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