GDS Holdings Limited (NASDAQ:GDS) Receives $15.69 Average PT from Analysts

Shares of GDS Holdings Limited (NASDAQ:GDS - Get Free Report) have been given an average rating of "Moderate Buy" by the five research firms that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $15.69.

A number of research analysts have commented on the company. JPMorgan Chase & Co. lowered their price target on GDS from $12.00 to $7.00 and set a "neutral" rating for the company in a research report on Thursday, March 28th. StockNews.com raised GDS to a "sell" rating in a research report on Thursday, March 21st.

GDS Price Performance

Shares of GDS traded up $0.27 during midday trading on Monday, reaching $6.59. The stock had a trading volume of 1,163,160 shares, compared to its average volume of 1,789,832. The company's 50-day moving average is $6.96 and its 200 day moving average is $8.21. GDS has a 12-month low of $5.01 and a 12-month high of $16.20. The company has a current ratio of 1.32, a quick ratio of 1.52 and a debt-to-equity ratio of 1.92. The company has a market capitalization of $1.26 billion, a price-to-earnings ratio of -1.97 and a beta of 0.40.

GDS (NASDAQ:GDS - Get Free Report) last issued its earnings results on Tuesday, March 26th. The company reported ($0.62) earnings per share for the quarter, missing the consensus estimate of ($0.39) by ($0.23). The company had revenue of $360.07 million for the quarter, compared to analysts' expectations of $363.21 million. GDS had a negative net margin of 43.25% and a negative return on equity of 8.90%. On average, equities analysts predict that GDS will post -1.28 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. PNC Financial Services Group Inc. boosted its stake in GDS by 23.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 5,843 shares of the company's stock valued at $64,000 after purchasing an additional 1,123 shares during the last quarter. Signaturefd LLC boosted its stake in GDS by 20.0% during the 3rd quarter. Signaturefd LLC now owns 8,714 shares of the company's stock valued at $95,000 after purchasing an additional 1,451 shares during the last quarter. Barclays PLC boosted its stake in shares of GDS by 132.8% in the 2nd quarter. Barclays PLC now owns 2,898 shares of the company's stock worth $32,000 after buying an additional 1,653 shares during the last quarter. Tower Research Capital LLC TRC purchased a new position in shares of GDS in the 4th quarter worth $53,000. Finally, Aigen Investment Management LP purchased a new position in shares of GDS in the 3rd quarter worth $115,000. Institutional investors own 33.71% of the company's stock.

About GDS

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.