NASDAQ:GDS - GDS Stock Price, Forecast & News

GDS trades on the NASDAQ under the ticker symbol "GDS."

GDS Holdings Ltd - (NASDAQ:GDS) posted its quarterly earnings results on Wednesday, March, 13th. The company reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.11) by $0.03. The business earned $829.52 million during the quarter, compared to analysts' expectations of $822.31 million. GDS had a negative net margin of 12.27% and a negative return on equity of 5.97%. GDS's revenue for the quarter was up 64.1% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.12) earnings per share. View GDS's Earnings History.

GDS is scheduled to release their next quarterly earnings announcement on Wednesday, March 11th 2020. View Earnings Estimates for GDS.

GDS issued an update on its FY 2019 Pre-Market earnings guidance on Monday, November, 25th. The company provided EPS guidance of for the period. The company issued revenue guidance of $$559.621-573.611 million, compared to the consensus revenue estimate of $$583.3 million.

4 Wall Street analysts have issued 1 year target prices for GDS's shares. Their forecasts range from $42.00 to $65.00. On average, they expect GDS's stock price to reach $56.50 in the next year. This suggests a possible upside of 15.8% from the stock's current price. View Analyst Price Targets for GDS.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GDS in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for GDS.

News coverage about GDS stock has been trending negative this week, according to InfoTrie Sentiment. The research firm scores the sentiment of news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. GDS earned a coverage optimism score of -3.0 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for GDS.

Some companies that are related to GDS include Snap (SNAP), Match Group (MTCH), Zoom Video Communications (ZM), Yandex (YNDX), Line (LN), Trade Desk (TTD), FactSet Research Systems (FDS), Pinterest (PINS), Weibo (WB), 58.com (WUBA), Stars Group (TSG), InterXion (INXN), Sabre (SABR), Wix.Com (WIX) and Tripadvisor (TRIP).

Based on aggregate information from My MarketBeat watchlists, some companies that other GDS investors own include NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), Visa (V), Micron Technology (MU), Square (SQ), Adobe (ADBE), JPMorgan Chase & Co. (JPM), Advanced Micro Devices (AMD) and Broadcom (AVGO).

(GDS) raised $251 million in an initial public offering on Wednesday, November 2nd 2016. The company issued 19,300,000 shares at a price of $12.00-$14.00 per share. Credit Suisse and J.P. Morgan acted as the underwriters for the IPO and Citi, RBC Capital Markets, China Renaissance and Credit Agricole CIB were co-managers.

GDS's stock is owned by a number of of retail and institutional investors. Top institutional investors include Cerity Partners LLC (1.39%), Pictet Asset Management Ltd. (1.25%), State Street Corp (1.25%), Sachem Head Capital Management LP (1.19%), Nan Shan Life Insurance Co. Ltd. (1.02%) and American Assets Capital Advisers LLC (0.47%).

GDS stock was sold by a variety of institutional investors in the last quarter, including American Assets Capital Advisers LLC, Point72 Asset Management L.P., Russell Investments Group Ltd., Zweig DiMenna Associates LLC, Matthews International Capital Management LLC, Cerity Partners LLC, Calamos Advisors LLC and Castleark Management LLC.

GDS stock was purchased by a variety of institutional investors in the last quarter, including Sachem Head Capital Management LP, Pictet Asset Management Ltd., State Street Corp, York Capital Management Global Advisors LLC, Pacer Advisors Inc., California Public Employees Retirement System, Nan Shan Life Insurance Co. Ltd. and Tuttle Tactical Management.

Shares of GDS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of GDS stock can currently be purchased for approximately $48.79.

GDS has a market capitalization of $5.73 billion and generates $406.09 million in revenue each year. The company earns $-65,010,000.00 in net income (profit) each year or ($0.51) on an earnings per share basis. GDS employs 893 workers across the globe.View Additional Information About GDS.

The official website for GDS is http://www.gds-services.com/.

GDS's mailing address is 2/F TOWER 2 YOUYOU CENTURY PLACE 428 SOUTH YANGGAO ROAD, SHANGHAI F4, 200127. The company can be reached via phone at 86-21-2033-0303 or via email at [email protected]