NASDAQ:CD Chindata Group (CD) Stock Forecast, Price & News $7.24 +0.30 (+4.32%) (As of 06/8/2023 ET) Add Compare Share Share Today's Range$7.00▼$7.3050-Day Range$4.94▼$7.0952-Week Range$4.86▼$9.21Volume4.21 million shsAverage Volume1.28 million shsMarket Capitalization$2.65 billionP/E Ratio22.63Dividend YieldN/APrice Target$8.90 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Chindata Group MarketRank™ ForecastAnalyst RatingN/A0.00 Rating ScoreUpside/Downside22.9% Upside$8.90 Price TargetShort InterestHealthy1.05% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.60Based on 11 Articles This WeekInsider TradingN/AProj. Earnings Growth37.21%From $0.43 to $0.59 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.1.88 out of 5 starsBusiness Services Sector151st out of 332 stocksComputer Programming, Data Processing, & Other Computer Related Industry22nd out of 60 stocks 1.0 Analyst's Opinion Price Target Upside/DownsideAccording to analysts' consensus price target of $8.90, Chindata Group has a forecasted upside of 22.9% from its current price of $7.24.Amount of Analyst CoverageChindata Group has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.05% 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 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Chindata Group has recently decreased by 2.28%, indicating that investor sentiment is improving. 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 3.7 News and Social Media Coverage News SentimentChindata Group has a news sentiment score of 0.60. 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 0.46 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Chindata Group this week, compared to 2 articles on an average week.Search Interest4 people have searched for CD on MarketBeat in the last 30 days. MarketBeat Follows3 people have added Chindata Group to their MarketBeat watchlist in the last 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 37.21% in the coming year, from $0.43 to $0.59 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Chindata Group is 22.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.28.Price to Earnings Ratio vs. SectorThe P/E ratio of Chindata Group is 22.63, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 282.96.Price to Book Value per Share RatioChindata Group has a P/B Ratio of 1.68. 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 HeadlinesJune 8, 2023 | markets.businessinsider.comAnalysts Offer Insights on Technology Companies: Trip.com Group Ltd. Sponsored ADR (TCOM) and Chindata Group Holdings (CD)June 7, 2023 | finance.yahoo.comWhy Chindata Group Holdings Stock Rocketed 11% Higher TodayJune 8, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.June 7, 2023 | msn.comAsian Equities Retreat Slightly After Positive Start to Wednesday TradingJune 7, 2023 | markets.businessinsider.comWhy Chindata Group Shares Are Surging TodayJune 7, 2023 | americanbankingnews.comChindata Group (NASDAQ:CD) Sees Large Volume IncreaseJune 7, 2023 | msn.comBain shareholders offers to acquire remaining stake in Chindata for $4/shareJune 7, 2023 | finance.yahoo.comBain Capital values Chindata at nearly $3 billion in take-private offerJune 8, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.June 2, 2023 | finance.yahoo.comWhy Chindata Group Holdings Stock Soared 20% Higher This WeekJune 2, 2023 | finance.yahoo.comChindata Group Holdings (NASDAQ:CD) Might Have The Makings Of A Multi-BaggerJune 1, 2023 | finance.yahoo.comQ1 2023 Chindata Group Holdings Ltd Earnings CallMay 31, 2023 | finance.yahoo.comWhy Chindata Stock Is Soaring TodayMay 31, 2023 | finance.yahoo.comChindata Group Reports Fiscal Year 2023 First Quarter Unaudited Financial ResultsMay 30, 2023 | americanbankingnews.comChindata Group (CD) Scheduled to Post Quarterly Earnings on WednesdayMay 26, 2023 | americanbankingnews.comChindata Group (NASDAQ:CD) Hits New 52-Week Low at $4.94May 21, 2023 | americanbankingnews.comChindata Group (NASDAQ:CD) & Professional Diversity Network (NASDAQ:IPDN) Critical SurveyMay 19, 2023 | americanbankingnews.comChindata Group (NASDAQ:CD) Shares Down 4% May 11, 2023 | finance.yahoo.comChindata Wins Data Center Design and Construction Award at the 2023 Datacloud Global AwardsMay 8, 2023 | tmcnet.comChindata Group to Release First Quarter 2023 FinancialMay 8, 2023 | finance.yahoo.comChindata Group to Release First Quarter 2023 Financial Results and Host a Conference Call on May 31, 2023May 4, 2023 | benzinga.comChindata set to ride AI-powered explosion in demand for data storage, processingMay 4, 2023 | msn.comTechnology Stocks Buoy Asian Equities' American Depositary Receipts in Thursday US TradingMay 1, 2023 | finance.yahoo.comChindata Group Files 2022 Annual Report on Form 20-FApril 25, 2023 | finance.yahoo.comAn Intrinsic Calculation For Chindata Group Holdings Limited (NASDAQ:CD) Suggests It's 41% UndervaluedApril 17, 2023 | seekingalpha.comChindata: Spotlight On 2023 Guidance, Potential Corporate Actions (Downgrade)March 25, 2023 | americanbankingnews.comChindata Group (NASDAQ:CD) Stock Price Up 9.6%See More Headlines CD Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CD Company Calendar Last Earnings3/15/2023Today6/08/2023Next Earnings (Estimated)8/24/2023Fiscal 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/AEmployees1,450Year 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+22.9%Consensus RatingN/A Rating Score (0-4)0.00 Research Coverage0 Analysts Profitability EPS (Most Recent Fiscal Year)$0.32 Trailing P/E Ratio22.63 Forward P/E Ratio16.84 P/E GrowthN/ANet Income$94.48 million Net Margins15.95% Pretax Margin22.24% Return on Equity7.48% Return on Assets3.53% Debt Debt-to-Equity Ratio0.89 Current Ratio2.29 Quick Ratio2.29 Sales & Book Value Annual Sales$659.93 million Price / Sales4.02 Cash Flow$0.73 per share Price / Cash Flow9.98 Book Value$4.32 per share Price / Book1.68Miscellaneous Outstanding Shares366,280,000Free Float346,135,000Market Cap$2.65 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 CompetitorsGDSNASDAQ:GDSIntegral Ad ScienceNASDAQ:IASDada NexusNASDAQ:DADAVimeoNASDAQ:VMEOAppLovinNYSE:APPView All CompetitorsInstitutional OwnershipSylebra Capital LtdBought 22,330 shares on 5/16/2023Ownership: 1.665%State Street CorpBought 31,640 shares on 5/16/2023Ownership: 0.237%Geode Capital Management LLCBought 3,084 shares on 5/16/2023Ownership: 0.032%Squarepoint Ops LLCSold 28,375 shares on 5/16/2023Ownership: 0.009%Mercer Global Advisors Inc. ADVBought 3,268 shares on 5/16/2023Ownership: 0.004%View All Institutional Transactions CD Stock - Frequently Asked Questions What is Chindata Group's stock price forecast for 2023? 0 equities research analysts have issued twelve-month price targets for Chindata Group's stock. Their CD share price forecasts range from $8.90 to $8.90. On average, they anticipate the company's stock price to reach $8.90 in the next twelve months. This suggests a possible upside of 22.9% 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 stock has decreased by 9.2% and is now trading at $7.24. View the best growth stocks for 2023 here. When is Chindata Group's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 24th 2023. View our CD earnings forecast. How were Chindata Group's earnings last quarter? Chindata Group Holdings Limited (NASDAQ:CD) issued its earnings results on Wednesday, March, 15th. The company reported $0.04 earnings per share (EPS) for the quarter. The company earned $201.57 million during the quarter, compared to the consensus estimate of $184.24 million. Chindata Group had a trailing twelve-month return on equity of 7.48% and a net margin of 15.95%. 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), SPDR FactSet Innovative Technology ETF (XITK), KraneShares CSI China Internet ETF (KWEB), Roundhill IO Digital Infrastructure ETF (BYTE), 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 Sunday, June, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $856.19 million-$885.32 million. When did Chindata Group IPO? (CD) raised $500 million in an IPO on Wednesday, September 30th 2020. The company issued 40,000,000 shares at $11.50-$13.50 per share. Morgan Stanley and Citigroup served 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 a variety of retail and institutional investors. Top institutional shareholders include MY.Alpha Management HK Advisors Ltd (2.87%), Krane Funds Advisors LLC (1.72%), Sylebra Capital Ltd (1.66%), Carmignac Gestion (0.84%), BlackRock Inc. (0.74%) and Deutsche Bank AG (0.36%). 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 $7.24. How much money does Chindata Group make? Chindata Group (NASDAQ:CD) has a market capitalization of $2.65 billion and generates $659.93 million in revenue each year. The company earns $94.48 million in net income (profit) each year or $0.32 on an earnings per share basis. How many employees does Chindata Group have? The company employs 1,450 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 6/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.