NASDAQ:CD Chindata Group - CD Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Chindata Group Holdings Limited Please log in to your account or sign up in order to add this asset to your watchlist. $6.37 +0.41 (+6.88%) (As of 03/21/2023 12:00 AM ET) Add Compare Share Share Today's Range$6.03▼$6.3850-Day Range$5.96▼$9.0052-Week Range$4.18▼$9.21Volume725,361 shsAverage Volume1.25 million shsMarket Capitalization$2.33 billionP/E Ratio24.50Dividend YieldN/APrice Target$8.90 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Chindata Group MarketRank™ ForecastAnalyst RatingN/A0.00 Rating ScoreUpside/Downside39.7% Upside$8.90 Price TargetShort InterestBearish1.57% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.47Based on 16 Articles This WeekInsider TradingN/AProj. Earnings Growth31.91%From $0.47 to $0.62 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.92 out of 5 starsBusiness Services Sector242nd out of 320 stocksComputer Programming, Data Processing, & Other Computer Related Industry44th out of 62 stocks 2.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of $8.90, Chindata Group has a forecasted upside of 39.7% from its current price of $6.37.Amount of Analyst CoverageChindata Group has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted1.57% of the outstanding shares of Chindata Group have been sold short.Short Interest Ratio / Days to CoverChindata Group has a short interest ratio ("days to cover") of 4.6.Change versus previous monthShort interest in Chindata Group has recently increased by 17.35%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldChindata Group does not currently pay a dividend.Dividend GrowthChindata Group does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CD. Previous Next 3.0 News and Social Media Coverage News SentimentChindata Group has a news sentiment score of 0.47. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.37 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 16 news articles for Chindata Group this week, compared to 2 articles on an average week.Search Interest13 people have searched for CD on MarketBeat in the last 30 days. This is an increase of 225% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Chindata Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Chindata Group insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 5.50% of the stock of Chindata Group is held by insiders.Percentage Held by InstitutionsOnly 25.98% of the stock of Chindata Group is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Chindata Group are expected to grow by 31.91% in the coming year, from $0.47 to $0.62 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Chindata Group is 24.50, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 125.75.Price to Earnings Ratio vs. SectorThe P/E ratio of Chindata Group is 24.50, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 280.82.Price to Book Value per Share RatioChindata Group has a P/B Ratio of 1.47. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Chindata Group (NASDAQ:CD) StockChindata Group Holdings Limited provides carrier-neutral hyper scale data center solutions in China, India, Malaysia, and Southeast Asia. It offers artificial intelligence, cloud computing, smart cities and homes, online entertainment, and other on-demand services. The company also provides internet data center colocation and rental services; and technical and consulting services. Its integrated data center solutions include infrastructure, power supply, connectivity and operation and maintenance, tailor-made to their scale and requirements throughout the planning, design, construction, and operation process. The company was formerly known as BCPE Bridge Stack Limited and changed its name to Chindata Group Holdings Limited in April 2020. Chindata Group Holdings Limited was founded in 2015 and is headquartered in Beijing, China.Read More Receive CD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Chindata Group and its competitors with MarketBeat's FREE daily newsletter. Email Address CD Stock News HeadlinesMarch 21, 2023 | americanbankingnews.comEquities Analysts Offer Predictions for Chindata Group Holdings Limited's FY2023 Earnings (NASDAQ:CD)March 20, 2023 | finance.yahoo.comInvestors in Chindata Group Holdings (NASDAQ:CD) have unfortunately lost 14% over the last yearMarch 21, 2023 | Investing Daily (Ad)Check Out This 6-Year Win StreakDespite the volatility of the last few years, this reclusive millionaire hasn’t closed a losing trade since July 2016. He just plugs away, executing what may be the most effective investment strategy on Earth. He turned $50K into $5.3M! Want to see the details? Click HERE to watch it for yourself. March 19, 2023 | finance.yahoo.comChindata Group Holdings Limited (NASDAQ:CD) Q4 2022 Earnings Call TranscriptMarch 16, 2023 | markets.businessinsider.comJefferies Keeps Their Buy Rating on Chindata Group Holdings (CD)March 15, 2023 | finance.yahoo.comQ4 2022 Chindata Group Holdings Ltd Earnings CallMarch 15, 2023 | markets.businessinsider.comChindata Group Q4 Net Income RisesMarch 15, 2023 | finanznachrichten.deChindata Group Holdings Limited: Chindata Group Reports Fourth Quarter and Fiscal Year 2022 Unaudited Financial ResultsMarch 21, 2023 | Investing Daily (Ad)Check Out This 6-Year Win StreakDespite the volatility of the last few years, this reclusive millionaire hasn’t closed a losing trade since July 2016. He just plugs away, executing what may be the most effective investment strategy on Earth. He turned $50K into $5.3M! Want to see the details? Click HERE to watch it for yourself. March 15, 2023 | finance.yahoo.comChindata Group Reports Fourth Quarter and Fiscal Year 2022 Unaudited Financial ResultsMarch 14, 2023 | americanbankingnews.comChindata Group (CD) to Release Earnings on WednesdayMarch 8, 2023 | finance.yahoo.comChindata Group Announces Time Change for Fourth Quarter 2022 Conference CallMarch 4, 2023 | seekingalpha.comCD Chindata Group Holdings LimitedMarch 3, 2023 | finance.yahoo.com10 High Growth Chinese Stocks To BuyFebruary 24, 2023 | finance.yahoo.comChindata Group to Release Fourth Quarter and Full Year 2022 Financial Results and Host a Conference Call on March 15, 2023February 23, 2023 | finance.yahoo.comChindata Group Sets a New Record in the Data Centre Industry, with New 220kV Substation in ChinaFebruary 17, 2023 | finance.yahoo.comHere's Why Momentum in Chindata Group Holdings Limited Sponsored ADR (CD) Should Keep goingFebruary 16, 2023 | finance.yahoo.comChindata Group Announces Pricing of $300 million Senior Notes due 2026February 5, 2023 | finance.yahoo.comChindata Group Holdings Limited's (NASDAQ:CD) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?January 31, 2023 | seekingalpha.comChindata Adds Capacity As China 'Reopening' Brings OpportunitiesJanuary 24, 2023 | finance.yahoo.comAre Business Services Stocks Lagging Aterian (ATER) This Year?January 24, 2023 | finance.yahoo.comCan Chindata Group Holdings Limited Sponsored ADR (CD) Climb 45.53% to Reach the Level Wall Street Analysts Expect?January 7, 2023 | finance.yahoo.comDo Chindata Group Holdings' (NASDAQ:CD) Earnings Warrant Your Attention?December 21, 2022 | finance.yahoo.comChindata Won Prestigious Data Center Dynamics Award for the Second TimeDecember 19, 2022 | finance.yahoo.comChindata Releases the Third ESG Report Outlining "DATA" Sustainability StrategyDecember 9, 2022 | finance.yahoo.comChindata Group Holdings Limited (NASDAQ:CD) Stocks Shoot Up 32% But Its P/E Still Looks ReasonableDecember 6, 2022 | finance.yahoo.comChindata Wins Two Prestigious Data Center Industry Awards for Its Power and Cooling InnovationsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive CD Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Chindata Group and its competitors with MarketBeat's FREE daily newsletter. Email Address CD Company Calendar Last Earnings11/23/2021Today3/21/2023Next Earnings (Estimated)5/25/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Computer programming, data processing, & other computer related Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:CD CUSIPN/A CIK1807192 Webwww.chindatagroup.com Phone00-86-40-0879-7679FaxN/AEmployees1,315Year FoundedN/APrice Target and Rating Average Stock Price Forecast$8.90 High Stock Price Forecast$8.90 Low Stock Price Forecast$8.90 Forecasted Upside/Downside+39.9%Consensus RatingN/A Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)$0.26 Trailing P/E Ratio24.46 Forward P/E Ratio13.53 P/E GrowthN/ANet Income$94.48 million Net Margins14.23% Pretax Margin20.78% Return on Equity6.20% Return on Assets3.10% Debt Debt-to-Equity Ratio0.66 Current Ratio1.59 Quick Ratio2.18 Sales & Book Value Annual Sales$659.93 million Price / Sales3.53 Cash Flow$0.41 per share Price / Cash Flow15.56 Book Value$4.32 per share Price / Book1.47Miscellaneous Outstanding Shares366,280,000Free Float346,135,000Market Cap$2.33 billion OptionableNot Optionable Beta0.54 Key ExecutivesMr. Huapeng Wu (Age 50)CEO & Director Ms. Qian Xiao (Age 45)Group Pres & Director Mr. Dongning Wang (Age 50)Chief Financial Officer Mr. Xinyue Fan (Age 43)Chief Operating Officer Mr. Binghua Zhang (Age 51)Chief Technology Officer Ms. Zhuo ZhangGen. Counsel & Director of Investor RelationsMs. Jing SongPres of ChindustryZoe ZhuangVP of Fin.Don ZhouOfficer of Investor RelationsMore ExecutivesKey CompetitorsIntegral Ad ScienceNASDAQ:IASDada NexusNASDAQ:DADAGDSNASDAQ:GDSVimeoNASDAQ:VMEOAppLovinNYSE:APPView All CompetitorsInstitutional OwnershipOLD Mission Capital LLCBought 50,775 shares on 3/6/2023Ownership: 0.014%Sylebra Capital LtdSold 154,508 shares on 2/16/2023Ownership: 1.659%Alliancebernstein L.P.Bought 8,450 shares on 2/16/2023Ownership: 0.005%Mackenzie Financial CorpBought 62,881 shares on 2/15/2023Ownership: 0.017%Squarepoint Ops LLCBought 62,700 shares on 2/15/2023Ownership: 0.017%View All Institutional Transactions CD Stock - Frequently Asked Questions What is Chindata Group's stock price forecast for 2023? 0 brokerages have issued twelve-month price targets for Chindata Group's shares. Their CD share price forecasts range from $8.90 to $8.90. On average, they expect the company's stock price to reach $8.90 in the next year. This suggests a possible upside of 39.9% from the stock's current price. View analysts price targets for CD or view top-rated stocks among Wall Street analysts. How have CD shares performed in 2023? Chindata Group's stock was trading at $7.97 at the beginning of the year. Since then, CD shares have decreased by 20.2% and is now trading at $6.36. View the best growth stocks for 2023 here. Are investors shorting Chindata Group? Chindata Group saw a increase in short interest in February. As of February 28th, there was short interest totaling 5,750,000 shares, an increase of 17.3% from the February 13th total of 4,900,000 shares. Based on an average trading volume of 1,250,000 shares, the days-to-cover ratio is currently 4.6 days. View Chindata Group's Short Interest. When is Chindata Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 25th 2023. View our CD earnings forecast. How were Chindata Group's earnings last quarter? Chindata Group Holdings Limited (NASDAQ:CD) posted its quarterly earnings results on Tuesday, November, 23rd. The company reported $0.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.03) by $0.25. The company had revenue of $114.97 million for the quarter, compared to the consensus estimate of $111.21 million. Chindata Group had a net margin of 14.23% and a trailing twelve-month return on equity of 6.20%. During the same period in the prior year, the firm posted ($0.08) EPS. What ETFs hold Chindata Group's stock? ETFs with the largest weight of Chindata Group (NASDAQ:CD) stock in their portfolio include Wedbush ETFMG Global Cloud Technology ETF (IVES), KraneShares MSCI China Clean Technology Index ETF (KGRN), iShares MSCI China Small-Cap ETF (ECNS), Roundhill IO Digital Infrastructure ETF (BYTE), KraneShares CSI China Internet ETF (KWEB), First Trust International IPO ETF (FPXI), Invesco Golden Dragon China ETF (PGJ) and AAM Transformers ETF (TRFM). What guidance has Chindata Group issued on next quarter's earnings? Chindata Group issued an update on its FY 2023 earnings guidance on Wednesday, March, 15th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $852.52 million-$881.52 million. When did Chindata Group IPO? (CD) raised $500 million in an initial public offering (IPO) on Wednesday, September 30th 2020. The company issued 40,000,000 shares at a price of $11.50-$13.50 per share. Morgan Stanley and Citigroup acted as the underwriters for the IPO and UBS Investment Bank and China Renaissance were co-managers. What is Chindata Group's stock symbol? Chindata Group trades on the NASDAQ under the ticker symbol "CD." Who are Chindata Group's major shareholders? Chindata Group's stock is owned by many different institutional and retail investors. Top institutional shareholders include MY.Alpha Management HK Advisors Ltd (2.80%), Sylebra Capital Ltd (1.66%), Norges Bank (0.78%), Carmignac Gestion (0.53%), Harbor Spring Capital LLC (0.46%) and Morgan Stanley (0.38%). How do I buy shares of Chindata Group? Shares of CD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Chindata Group's stock price today? One share of CD stock can currently be purchased for approximately $6.36. How much money does Chindata Group make? Chindata Group (NASDAQ:CD) has a market capitalization of $2.33 billion and generates $659.93 million in revenue each year. The company earns $94.48 million in net income (profit) each year or $0.26 on an earnings per share basis. How many employees does Chindata Group have? The company employs 1,315 workers across the globe. How can I contact Chindata Group? The official website for the company is www.chindatagroup.com. The company can be reached via phone at 00-86-40-0879-7679. This page (NASDAQ:CD) was last updated on 3/21/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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