Analysts Set GDS Holdings Limited (NASDAQ:GDS) PT at $15.69

Shares of GDS Holdings Limited (NASDAQ:GDS - Get Free Report) have earned a consensus rating of "Moderate Buy" from the five analysts that are covering the stock, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $15.69.

A number of analysts have recently commented on the company. JPMorgan Chase & Co. cut their price objective 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 upgraded shares of GDS to a "sell" rating in a research report on Thursday, March 21st.

Hedge Funds Weigh In On GDS

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Baupost Group LLC MA acquired a new position in shares of GDS during the first quarter worth about $17,290,000. Cerity Partners LLC purchased a new stake in shares of GDS in the 4th quarter valued at approximately $13,928,000. Goldman Sachs Group Inc. raised its holdings in shares of GDS by 16.7% in the 4th quarter. Goldman Sachs Group Inc. now owns 5,404,486 shares of the company's stock valued at $49,289,000 after purchasing an additional 773,378 shares in the last quarter. Pacer Advisors Inc. acquired a new position in shares of GDS during the fourth quarter worth $6,952,000. Finally, Massachusetts Financial Services Co. MA increased its holdings in GDS by 76.6% in the third quarter. Massachusetts Financial Services Co. MA now owns 1,630,386 shares of the company's stock valued at $17,853,000 after buying an additional 707,149 shares during the last quarter. 33.71% of the stock is currently owned by hedge funds and other institutional investors.

GDS Stock Performance

GDS stock traded up $0.27 during trading hours on Friday, hitting $9.50. 1,864,880 shares of the stock traded hands, compared to its average volume of 1,704,176. GDS has a 1 year low of $5.01 and a 1 year high of $14.24. The firm's 50 day moving average price is $7.53 and its 200-day moving average price is $7.98. The company has a debt-to-equity ratio of 2.26, a current ratio of 1.32 and a quick ratio of 1.32. The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of -2.84 and a beta of 0.31.

GDS (NASDAQ:GDS - Get Free Report) last posted its earnings results on Tuesday, March 26th. The company reported ($0.62) EPS for the quarter, missing the consensus estimate of ($0.39) by ($0.23). GDS had a negative return on equity of 8.89% and a negative net margin of 43.25%. The company had revenue of $360.07 million for the quarter, compared to analyst estimates of $363.21 million. As a group, equities analysts expect that GDS will post -1.18 EPS for the current fiscal year.

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.