So-Young International Inc. (SY) shares are trading at lower $12.75 and the avg recommendation for the stock is Strong Buy, while the current analyst price target stands at $15.61.
To add more color to this target, the company’s high over the last year is $16.95 and the low is $8.03. Over the last 52 weeks, SY is up 3.49% while the S&P 500 is up 15.19%. The catalyst for this interesting swing was the company’s recent earnings report.
A Notable Earnings Report
In the last quarter, SY reported a profit of $44.9 million. So-Young International Inc. also saw revenues increase to $52.96 million. In addition, SY has free cash flow of $0.0 as of 09-2020. The company’s EBITDA came in at -$4.45 million which compares well with its peers.
SY booked profit margins of 3.00%, its Return on Equity (ROE) is 1.40%, and its Return on Assets is 1.10%. All told, it is clear that, SY needs to be on your watchlist.
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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. SY has a short ratio of 2.93 and outstanding shares of 106.12M.
SY has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 2.34 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at 0.05. So-Young International Inc. SY also noted assets of $477.23 million at the end of the last quarter. Investors should also keep an eye on sector updates as SY has historically followed its peers on positive news.
All told, So-Young International Inc. SY has strung together solid data and demonstrated underlying fundamentals. At its current valuation, SY represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.
So-Young International Inc. SY is now commanding a market cap of 1.37B and a float of 13.00M. SY is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of SY stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!
Disclosure: we hold no position in SY, either long or short, and we have not been compensated for this article.