So-Young International (NASDAQ:SY) Lowered to “Sell” Rating by Wall Street Zen

Wall Street Zen downgraded shares of So-Young International (NASDAQ:SY) from a hold rating to a sell rating in a research note released on Saturday.

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of So-Young International in a research note on Friday, March 27th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $5.50.

So-Young International Stock Performance

NASDAQ:SY opened at $2.83 on Friday. The firm’s fifty day moving average is $3.02 and its two-hundred day moving average is $3.08. So-Young International has a one year low of $0.74 and a one year high of $6.28. The firm has a market cap of $287.05 million, a price-to-earnings ratio of -8.58 and a beta of 2.14.

So-Young International (NASDAQ:SY) last posted its earnings results on Wednesday, March 25th. The company reported ($0.13) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.68) by $0.55. So-Young International had a negative net margin of 15.97% and a negative return on equity of 12.54%. The business had revenue of $65.85 million for the quarter, compared to analyst estimates of $442.62 million.

Institutional Investors Weigh In On So-Young International

Several hedge funds have recently modified their holdings of SY. Barclays PLC lifted its stake in So-Young International by 124.3% in the 4th quarter. Barclays PLC now owns 1,116,336 shares of the company’s stock valued at $2,858,000 after buying an additional 618,709 shares in the last quarter. KADENSA CAPITAL Ltd purchased a new position in So-Young International in the 3rd quarter valued at about $3,956,000. Citigroup Inc. lifted its stake in So-Young International by 1,301.9% in the 3rd quarter. Citigroup Inc. now owns 675,121 shares of the company’s stock valued at $2,613,000 after buying an additional 626,963 shares in the last quarter. HCEP Management Ltd purchased a new position in So-Young International in the 3rd quarter valued at about $1,899,000. Finally, Nomura Holdings Inc. purchased a new position in So-Young International in the 3rd quarter valued at about $1,265,000. 35.31% of the stock is owned by hedge funds and other institutional investors.

So-Young International Company Profile

So-Young International Inc operates a leading digital marketplace and community platform focused on the medical aesthetic industry in China. Headquartered in Shanghai and founded in 2013, the company connects consumers seeking cosmetic treatments with a network of accredited clinics, licensed physicians and beauty service providers. Its online ecosystem offers a wealth of educational content, peer reviews and before-and-after galleries designed to help users make informed decisions about aesthetic procedures.

The company’s platform is accessible via web and mobile applications, where users can browse service packages, compare providers, read expert articles and schedule appointments directly through an integrated booking system.