GDS (GDS) to Release Quarterly Earnings on Tuesday

GDS (NASDAQ:GDS - Get Free Report) is expected to issue its Q1 2025 quarterly earnings data before the market opens on Tuesday, May 20th. Analysts expect the company to announce earnings of ($0.56) per share and revenue of $2.72 billion for the quarter. GDS has set its FY 2025 guidance at EPS.

GDS (NASDAQ:GDS - Get Free Report) last announced its quarterly earnings results on Wednesday, March 19th. The company reported ($0.10) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.27) by $0.17. The business had revenue of $425.13 million during the quarter, compared to the consensus estimate of $3.11 billion. GDS had a negative net margin of 35.97% and a negative return on equity of 8.22%. The business's revenue was up 9.1% compared to the same quarter last year. During the same quarter last year, the firm earned ($2.16) EPS. On average, analysts expect GDS to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

GDS Trading Down 3.1%

Shares of NASDAQ GDS traded down $0.85 during midday trading on Thursday, reaching $26.44. 1,295,670 shares of the stock were exchanged, compared to its average volume of 2,095,384. The company has a 50 day simple moving average of $25.82 and a 200 day simple moving average of $25.57. The stock has a market capitalization of $5.04 billion, a P/E ratio of -8.67 and a beta of 0.28. The company has a debt-to-equity ratio of 2.25, a quick ratio of 1.19 and a current ratio of 1.19. GDS has a twelve month low of $7.35 and a twelve month high of $52.50.

Wall Street Analyst Weigh In

Several brokerages have commented on GDS. Citigroup reissued an "outperform" rating on shares of GDS in a research report on Thursday, March 20th. Jefferies Financial Group raised shares of GDS from a "hold" rating to a "buy" rating and set a $45.00 price target for the company in a research report on Tuesday, March 18th. Raymond James raised shares of GDS from an "outperform" rating to a "strong-buy" rating and set a $53.00 price target for the company in a research report on Thursday, March 20th. Royal Bank of Canada lowered shares of GDS from an "outperform" rating to a "sector perform" rating and raised their price objective for the company from $26.00 to $37.00 in a report on Tuesday, February 25th. Finally, Citizens Jmp upgraded shares of GDS to a "strong-buy" rating in a report on Monday, January 27th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, five have given a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat.com, GDS currently has an average rating of "Buy" and a consensus price target of $39.48.

Institutional Investors Weigh In On GDS

A hedge fund recently raised its stake in GDS stock. Royal Bank of Canada raised its holdings in GDS Holdings Limited (NASDAQ:GDS - Free Report) by 30.7% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 379,289 shares of the company's stock after purchasing an additional 89,059 shares during the quarter. Royal Bank of Canada owned about 0.20% of GDS worth $9,608,000 as of its most recent filing with the SEC. Institutional investors own 33.71% of the company's stock.

GDS Company Profile

GDS Holdings Limited, together with its subsidiaries, develops and operates data centers in the People's Republic of China. The company provides colocation services comprising critical facilities space, customer-available power, racks, and cooling; managed hosting services, including business continuity and disaster recovery, network management, data storage, system security, operating system, database, and server middleware services; managed cloud services; and consulting services.