GDS Holdings (NASDAQ:GDS) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Key Points

• Analysts rate GDS Holdings a “Moderate Buy”: Three analysts recommend buying, one strongly recommends buying, and two rate the stock a hold. The average 12-month price target is $48.12, above the reported opening price of $32.79.
• GDS reported quarterly EPS of $0.52 on revenue of $454.51 million, with a 30.70% net margin and 17.94% return on equity. Analysts expect full-year EPS of $2.23.
• Institutional investors own 33.71% of GDS, with several funds recently increasing their positions or initiating new stakes, including Triata Capital, Irenic Capital Management and BlueCrest Capital Management.

Shares of GDS Holdings (NASDAQ:GDS - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the six ratings firms that are covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $48.1167.

Several equities analysts have weighed in on GDS shares. Zacks Research downgraded shares of GDS from a "strong-buy" rating to a "hold" rating in a report on Friday, July 24th. Wall Street Zen raised shares of GDS from a "sell" rating to a "hold" rating in a report on Sunday, September 6th. Raymond James Financial reaffirmed a "strong-buy" rating and issued a $51.00 price target on shares of GDS in a report on Tuesday, September 1st. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of GDS in a research report on Thursday, August 13th.

GDS Stock Up 4.8%

GDS stock opened at $32.79 on Friday. GDS has a fifty-two week low of $26.97 and a fifty-two week high of $48.61. The firm has a market capitalization of $6.57 billion, a price-to-earnings ratio of 15.25 and a beta of 0.43. The stock's fifty day moving average is $32.21 and its two-hundred day moving average is $36.33. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.78 and a current ratio of 1.78.

GDS (NASDAQ:GDS - Get Free Report) last released its quarterly earnings results on Tuesday, June 30th. The company reported $0.52 earnings per share (EPS) for the quarter. GDS had a return on equity of 17.94% and a net margin of 30.70%.The business had revenue of $454.51 million during the quarter. Analysts predict that GDS will post 2.23 EPS for the current fiscal year.

Institutional Investors Weigh In On GDS

A number of institutional investors and hedge funds have recently bought and sold shares of GDS. Triata Capital Ltd increased its position in GDS by 23.5% during the fourth quarter. Triata Capital Ltd now owns 2,974,298 shares of the company's stock worth $103,803,000 after buying an additional 566,345 shares in the last quarter. Irenic Capital Management LP acquired a new position in shares of GDS in the second quarter worth $8,498,000. BlueCrest Capital Management Ltd purchased a new stake in shares of GDS in the second quarter valued at $7,508,000. Electron Capital Partners LLC lifted its position in shares of GDS by 52.2% in the fourth quarter. Electron Capital Partners LLC now owns 105,448 shares of the company's stock valued at $3,680,000 after acquiring an additional 36,166 shares in the last quarter. Finally, Barometer Capital Management Inc. boosted its stake in shares of GDS by 2,338.5% during the first quarter. Barometer Capital Management Inc. now owns 158,500 shares of the company's stock valued at $6,386,000 after acquiring an additional 152,000 shares during the last quarter. Hedge funds and other institutional investors own 33.71% of the company's stock.

GDS Company Profile

GDS Holdings Limited is a developer and operator of data centers serving cloud service providers, internet companies, financial institutions and other enterprises. The company provides data center infrastructure designed to support critical information technology systems, including space, power, cooling, connectivity and security.

Its services include colocation, managed infrastructure and related data center solutions. GDS also offers connectivity to telecommunications carriers, cloud platforms and internet exchanges, helping customers deploy and operate technology systems in secure, highly available facilities.

Founded in 2001, GDS has built a network of data centers primarily in China, with additional operations and expansion efforts in selected international markets, including Southeast Asia and Hong Kong.

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