NASDAQ:CD

Chindata Group Stock Forecast, Price & News

$10.54

-0.12 (-1.13 %)

(As of 09/17/2021 04:00 PM ET)

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Today's Range

$10.01

▼

$10.81

50-Day Range

$9.92

▼

$14.21

52-Week Range

$9.64

▼

$27.47

Volume1.79 million shs

Average Volume1.75 million shs

Market Capitalization$3.85 billion

P/E RatioN/A

Dividend YieldN/A

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About Chindata Group

Chindata Group Holdings Limited provides carrier-neutral hyper scale data center solutions in China, India, 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.

Chindata Group (NASDAQ:CD) Trading Down 5.2%
September 17, 2021 | americanbankingnews.com

Head-To-Head Contrast: Medallia (NYSE:MDLA) versus Chindata Group (NASDAQ:CD)
September 15, 2021 | americanbankingnews.com

Chindata Group (NASDAQ:CD) Shares Gap Down to $11.25
September 14, 2021 | americanbankingnews.com

Analyzing Chindata Group (NASDAQ:CD) and HealthStream (NASDAQ:HSTM)
September 13, 2021 | americanbankingnews.com

Chindata Group Joins United Nations Global Compact, Becoming Its First Digital Infrastructure Corporate Participant in Asia Pacific
September 8, 2021 | finance.yahoo.com

Financial Analysis: Bumble (NASDAQ:BMBL) & Chindata Group (NASDAQ:CD)
September 5, 2021 | americanbankingnews.com

Chindata Group (NASDAQ:CD) Stock Price Down 5.3%
August 27, 2021 | americanbankingnews.com

Chindata Group (NASDAQ:CD) Releases Quarterly Earnings Results, Beats Expectations By $0.32 EPS
August 27, 2021 | americanbankingnews.com

Chindata Group Records Q2 Net Profit of RMB65 million, Underlining Ongoing Profitability and Strong Development Capabilities
August 26, 2021 | finance.yahoo.com

Chindata Group Reports Second Quarter 2021 Unaudited Financial Results
August 26, 2021 | finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorBusiness Services
Current SymbolNASDAQ:CD
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.chindatagroup.com
Phone00-86-40-0879-7679
Employees981
Year FoundedN/A

Sales & Book Value

Annual Sales$280.63 million
Price / Sales13.72
Cash Flow$0.14 per share
Price / Cash Flow74.15
Book Value$4.09 per share
Price / Book2.58

Profitability

EPS (Most Recent Fiscal Year)($0.05)
Net Income$-43,420,000.00
Net Margins-3.01%
Return on Equity-0.52%
Return on Assets-0.29%

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares365,230,000
Market Cap$3.85 billion
Next Earnings Date11/17/2021 (Estimated)
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

2.05 out of 5 stars

Business Services Sector

147th out of 392 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

25th out of 79 stocks

3.4 Analyst's Opinion

Consensus Rating
Chindata Group has received a consensus rating of Buy. The company's average rating score is 2.88, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $20.41, Chindata Group has a forecasted upside of 93.6% from its current price of $10.54.
Amount of Analyst Coverage
Chindata Group has only been the subject of 1 research reports in the past 90 days.

4.9 Community Rank

Outperform Votes
Chindata Group has received 11 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Chindata Group has received 4 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Chindata Group has received 73.33% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Chindata Group and other stocks. Vote “Outperform” if you believe CD will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CD will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Chindata Group does not currently pay a dividend.
Dividend Growth
Chindata Group does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Chindata Group insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 13.91% of the stock of Chindata Group is held by institutions.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Chindata Group are expected to grow by 200.00% in the coming year, from $0.04 to $0.12 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Chindata Group is -175.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Chindata Group is -175.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Chindata Group has a P/B Ratio of 2.58. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Chindata Group (NASDAQ:CD) Frequently Asked Questions

Is Chindata Group a buy right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Chindata Group in the last twelve months. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Chindata Group stock.
View analyst ratings for Chindata Group or view top-rated stocks.

What stocks does MarketBeat like better than Chindata Group?

Wall Street analysts have given Chindata Group a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Chindata Group wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Chindata Group's next earnings date?

Chindata Group is scheduled to release its next quarterly earnings announcement on Wednesday, November 17th 2021.
View our earnings forecast for Chindata Group.

How were Chindata Group's earnings last quarter?

Chindata Group Holdings Limited (NASDAQ:CD) released its quarterly earnings data on Wednesday, August, 25th. The company reported $0.31 earnings per share for the quarter, topping analysts' consensus estimates of ($0.01) by $0.32. Chindata Group had a negative net margin of 3.01% and a negative trailing twelve-month return on equity of 0.52%.
View Chindata Group's earnings history.

What guidance has Chindata Group issued on next quarter's earnings?

Chindata Group issued an update on its FY 2021 earnings guidance on Thursday, September, 16th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $430.57 million-$438.31 million.

What price target have analysts set for CD?

8 brokers have issued 1 year price objectives for Chindata Group's shares. Their forecasts range from $17.60 to $26.04. On average, they expect Chindata Group's stock price to reach $20.41 in the next twelve months. This suggests a possible upside of 93.6% from the stock's current price.
View analysts' price targets for Chindata Group or view top-rated stocks among Wall Street analysts.

Who are Chindata Group's key executives?

Chindata Group's management team includes the following people:

Mr. Jing Ju, CEO & Director (Age 48)
Mr. Dongning Wang, Chief Financial Officer (Age 48)
Ms. Qian Xiao, COO & Director (Age 43)
Ms. Zhuo Zhang, Gen. Counsel & Director of Investor Relations
Ms. Jing Song, Pres of Chindustry

Who are some of Chindata Group's key competitors?

Some companies that are related to Chindata Group include FactSet Research Systems (FDS), Wix.com (WIX), Weibo (WB), GDS (GDS), DigitalOcean (DOCN), Bumble (BMBL), Switch (SWCH), DoubleVerify (DV), Medallia (MDLA), Dada Nexus (DADA), TripAdvisor (TRIP), KnowBe4 (KNBE), Magnite (MGNI), Sabre (SABR) and Integral Ad Science (IAS).
View all of CD's competitors.

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 number of retail and institutional investors. Top institutional shareholders include Canada Pension Plan Investment Board (1.60%), Carmignac Gestion (1.31%), Sylebra Capital Ltd (1.12%), BlackRock Inc. (0.93%), American Assets Capital Advisers LLC (0.90%) and FMR LLC (0.58%).

Which institutional investors are selling Chindata Group stock?

CD stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Matthews International Capital Management LLC, Citadel Advisors LLC, Susquehanna International Group LLP, Royal Bank of Canada, and Simplex Trading LLC.

Which institutional investors are buying Chindata Group stock?

CD stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Canada Pension Plan Investment Board, FMR LLC, American Assets Capital Advisers LLC, Carmignac Gestion, State Street Corp, Marshall Wace LLP, and Marshall Wace LLP.

How do I buy shares of Chindata Group?

Shares of CD 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 $10.54.

How much money does Chindata Group make?

Chindata Group has a market capitalization of $3.85 billion and generates $280.63 million in revenue each year. The company earns $-43,420,000.00 in net income (profit) each year or ($0.05) on an earnings per share basis.

How many employees does Chindata Group have?

Chindata Group employs 981 workers across the globe.

What is Chindata Group's official website?

The official website for Chindata Group is www.chindatagroup.com.

How can I contact Chindata Group?

The company can be reached via phone at 00-86-40-0879-7679.

This page was last updated on 9/19/2021 by MarketBeat.com Staff

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