NASDAQ:GDS

GDS - GDS Stock Forecast, Price & News

$29.35

+0.06 (+0.20%)

(As of 08/15/2022 12:00 AM ET)

Add

Compare

Today's Range: $28.61
▼
$29.60
50-Day Range: $26.79
▼
$35.01
52-Week Range: $19.83
▼
$66.50

Volume: 380,038 shs
Average Volume: 734,652 shs
Market Capitalization: $5.49 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $57.43

GDS MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.88 Rating Score
Upside/Downside: 95.7% Upside
$57.43 Price Target
Short Interest: Bearish
5.88% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.37
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Decreasing
From ($1.69) to ($3.21) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.67 out of 5 stars

Business Services Sector

295th out of 332 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

58th out of 64 stocks

3.4

Analyst's Opinion

Consensus Rating
GDS 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 $57.43, GDS has a forecasted upside of 95.7% from its current price of $29.35.
Amount of Analyst Coverage
GDS has only been the subject of 3 research reports in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
5.88% of the float of GDS has been sold short.
Short Interest Ratio / Days to Cover
GDS has a short interest ratio ("days to cover") of 7.5.
Change versus previous month
Short interest in GDS has recently decreased by 1.25%, indicating that investor sentiment is improving.

0.0

Dividend Strength

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

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GDS.

1.9

News and Social Media Coverage

News Sentiment
GDS has a news sentiment score of 0.37. 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 lower news sentiment than the 0.51 average news sentiment score of Business Services companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for GDS this week, compared to 3 articles on an average week.
Search Interest
Only 2 people have searched for GDS on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, GDS insiders have not sold or bought any company stock.
Percentage Held by Institutions
53.92% of the stock of GDS is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Earnings Growth
Earnings for GDS are expected to decrease in the coming year, from ($1.69) to ($3.21) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of GDS is -21.42, 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 GDS is -21.42, 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
GDS has a P/B Ratio of 1.44. 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

About GDS (NASDAQ:GDS) Stock

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. It serves cloud service providers, large Internet companies, financial institutions, telecommunications and IT service providers, and large domestic private sector and multinational corporations. The company was founded in 2001 and is headquartered in Shanghai, the People's Republic of China.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on GDS shares. Royal Bank of Canada cut their price target on shares of GDS from $58.00 to $41.00 in a report on Monday, June 6th. Credit Suisse Group cut their price target on shares of GDS from $71.50 to $48.90 and set an "outperform" rating for the company in a report on Monday, May 16th. Truist Financial cut their price target on shares of GDS from $85.00 to $75.00 and set a "buy" rating for the company in a report on Thursday, May 19th. StockNews.com upgraded shares of GDS to a "sell" rating in a report on Thursday, June 16th. Finally, Nomura downgraded shares of GDS from a "buy" rating to a "neutral" rating in a report on Friday, July 29th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $57.43.

GDS Trading Up 0.2 %

Shares of NASDAQ:GDS traded up $0.06 during midday trading on Monday, reaching $29.35. 380,038 shares of the stock were exchanged, compared to its average volume of 1,648,705. The company has a market capitalization of $5.49 billion, a P/E ratio of -21.17 and a beta of 0.77. GDS has a 52-week low of $19.83 and a 52-week high of $66.50. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 1.41. The stock has a 50 day moving average price of $29.84 and a 200-day moving average price of $33.63.

GDS (NASDAQ:GDS - Get Rating) last issued its quarterly earnings results on Wednesday, May 18th. The company reported ($0.50) EPS for the quarter, missing analysts' consensus estimates of ($0.37) by ($0.13). The firm had revenue of $353.92 million for the quarter, compared to analysts' expectations of $349.91 million. GDS had a negative return on equity of 6.28% and a negative net margin of 18.43%. Equities research analysts expect that GDS will post -1.69 earnings per share for the current fiscal year.

Receive GDS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for GDS and its competitors with MarketBeat's FREE daily newsletter.

GDS Stock News Headlines

August 9, 2022 | nasdaq.com

Analysts Estimate GDS Holdings (GDS) to Report a Decline in Earnings: What to Look Out for - Nasdaq

August 9, 2022 | streetinsider.com

GDS to Report Second Quarter 2022 Financial Results Before the Open of the U.S. Market on August 23, 2022 - StreetInsider.com

August 9, 2022 | globenewswire.com

GDS to Report Second Quarter 2022 Financial Results Before the Open of the US Market on August 23, 2022 - GlobeNewswire

August 9, 2022 | finance.yahoo.com

GDS to Report Second Quarter 2022 Financial Results Before the Open of the U.S. Market on August 23, 2022

August 3, 2022 | americanbankingnews.com

GDS (NASDAQ:GDS) Sees Strong Trading Volume

August 1, 2022 | americanbankingnews.com

GDS (NASDAQ:GDS) Given Downgrade Rating at Nomura Instinet

August 1, 2022 | americanbankingnews.com

GDS (NASDAQ:GDS) Downgraded by Nomura

July 31, 2022 | americanbankingnews.com

FY2022 EPS Estimates for GDS Holdings Limited Reduced by Jefferies Financial Group (NASDAQ:GDS)

July 31, 2022 | americanbankingnews.com

GDS (NASDAQ:GDS) Shares Gap Down to $28.07

July 30, 2022 | msn.com

Expert Ratings for GDS Holdings

July 30, 2022 | americanbankingnews.com

GDS Holdings Limited (NASDAQ:GDS) Expected to Earn Q2 2022 Earnings of ($0.36) Per Share

July 20, 2022 | nasdaq.com

Sabre (SABR) Enters Into Distribution Agreement With Avianca - Nasdaq

July 14, 2022 | finance.yahoo.com

Posadas and Sabre will collaborate to boost the distribution strategy of the hotel operator - Yahoo Finance

June 28, 2022 | businesswire.com

Cadence Expands Collaboration with Arm to Accelerate Mobile Device Silicon Success - Business Wire

June 23, 2022 | nasdaq.com

Sabre (SABR) Offers Istanbul's Wingie Enuygun GDS Solutions - Nasdaq

June 16, 2022 | finance.yahoo.com

Why Didi Global, Baozun, and GDS Holdings Were Up Big Today

June 6, 2022 | benzinga.com

RBC Capital Maintains Outperform on GDS Holdings, Lowers Price Target to $41 - Benzinga - Benzinga

June 2, 2022 | finance.yahoo.com

GDS Holdings' (NASDAQ:GDS) Returns On Capital Are Heading Higher

June 2, 2022 | finance.yahoo.com

GDS to Hold Annual General Meeting on June 30, 2022

June 1, 2022 | businesswire.com

Haffner Energy Launches a New Roll-Out Phase of Its Hynoca® Technology - Business Wire

May 24, 2022 | finance.yahoo.com

Baron Funds: “GDS Holdings is Projected to Grow its Cash Flow 3 to 4 Times Faster”

May 20, 2022 | nasdaq.com

Technology Sector Update for 05/19/2022: TWTR,CSCO,KD,NTAP,GDS - Nasdaq

May 20, 2022 | nasdaq.com

Here's Why GDS Holdings Popped Today - Nasdaq

May 19, 2022 | nasdaq.com

Technology Sector Update for 05/19/2022: CSCO,KD,NTAP,GDS - Nasdaq

May 19, 2022 | fool.com

Here's Why GDS Holdings Popped Today - The Motley Fool

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

Receive GDS Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for GDS and its competitors with MarketBeat's FREE daily newsletter.

GDS Company Calendar

Last Earnings: 5/18/2022
Today: 8/16/2022
Next Earnings (Confirmed): 8/23/2022
Fiscal Year End: 12/31/2022

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Computer programming, data processing, & other computer related
Sub-Industry: N/A
Sector: Business Services
Current Symbol: NASDAQ:GDS
Previous Symbol: NYSE:GDS
CUSIP: N/A
CIK: 1526125
Web: www.gds-services.com
Phone: 862120292200
Fax: 86-21-2033-0202
Employees: 1,878
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $57.43
High Stock Price Forecast: $88.00
Low Stock Price Forecast: $41.00
Forecasted Upside/Downside: +95.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.88
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.37)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-184,020,000.00
Net Margins: -18.43%
Pretax Margin: -12.13%
Return on Equity: -6.28%
Return on Assets: -2.25%

Debt

Debt-to-Equity Ratio: 1.41
Current Ratio: 1.10
Quick Ratio: 1.10

Sales & Book Value

Annual Sales: $1.23 billion
Price / Sales: 4.47
Cash Flow: $1.28 per share
Price / Cash Flow: 22.99
Book Value: $20.35 per share
Price / Book: 1.44

Miscellaneous

Outstanding Shares: 186,900,000
Free Float: N/A
Market Cap: $5.49 billion
Optionable: Optionable
Beta: 0.77

Key Executives

Mr. Wei Huang (Age 55)
Founder, Chairman & CEO
Mr. Daniel A. Newman (Age 61)
Chief Financial Officer
Ms. Gee Choo Khoo B Acc (Age 57)
MBA, Chief Operating Officer
Ms. Laura Chen
Head of Investor Relations
Mr. Kejing Zhang (Age 39)
Sr. VP of Sales
Ms. Yilin Chen (Age 51)
Sr. VP of Product & Service Bus.
Ms. Yan Liang (Age 47)
Sr. VP of Design, Operation & Delivery

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GDS Stock - Frequently Asked Questions

Should I buy or sell GDS stock right now?: 8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for GDS in the last year. There are currently 1 hold rating and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GDS shares.
View GDS analyst ratings or view top-rated stocks.
What is GDS's stock price forecast for 2022?: 8 analysts have issued twelve-month price targets for GDS's shares. Their GDS share price forecasts range from $41.00 to $88.00. On average, they anticipate the company's stock price to reach $57.43 in the next year. This suggests a possible upside of 95.7% from the stock's current price.
View analysts price targets for GDS or view top-rated stocks among Wall Street analysts.
How have GDS shares performed in 2022?: GDS's stock was trading at $47.16 at the start of the year. Since then, GDS shares have decreased by 37.8% and is now trading at $29.35.
View the best growth stocks for 2022 here.
When is GDS's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 23rd 2022.
View our GDS earnings forecast.
How can I listen to GDS's earnings call?: GDS will be holding an earnings conference call on Tuesday, August 23rd at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.
How were GDS's earnings last quarter?: GDS Holdings Limited (NASDAQ:GDS) issued its quarterly earnings data on Wednesday, May, 18th. The company reported ($0.50) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.37) by $0.13. The firm earned $353.92 million during the quarter, compared to analysts' expectations of $349.91 million. GDS had a negative net margin of 18.43% and a negative trailing twelve-month return on equity of 6.28%.
What guidance has GDS issued on next quarter's earnings?: GDS issued an update on its FY 2022 earnings guidance on Thursday, June, 16th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.47 billion-$1.53 billion, compared to the consensus revenue estimate of $1.45 billion.

What other stocks do shareholders of GDS own?: Based on aggregate information from My MarketBeat watchlists, some companies that other GDS investors own include Alibaba Group (BABA), Netflix (NFLX), NVIDIA (NVDA), Block (SQ), Walt Disney (DIS), Micron Technology (MU), Shopify (SHOP), Xilinx (XLNX), JD.com (JD) and Okta (OKTA).
When did GDS IPO?: (GDS) raised $251 million in an initial public offering on Wednesday, November 2nd 2016. The company issued 19,300,000 shares at $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.
What is GDS's stock symbol?: GDS trades on the NASDAQ under the ticker symbol "GDS."
Who are GDS's major shareholders?: GDS's stock is owned by a number of retail and institutional investors. Top institutional investors include Toronado Partners LLC (0.56%), Ward Ferry Management BVI Ltd (0.54%), Library Research Ltd (0.54%), FMR LLC (0.38%), Bridgewater Associates LP (0.38%) and Assenagon Asset Management S.A. (0.28%).
How do I buy shares of GDS?: Shares of GDS 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 GDS's stock price today?: One share of GDS stock can currently be purchased for approximately $29.35.
How much money does GDS make?: GDS (NASDAQ:GDS) has a market capitalization of $5.49 billion and generates $1.23 billion in revenue each year. The company earns $-184,020,000.00 in net income (profit) each year or ($1.37) on an earnings per share basis.
How many employees does GDS have?: The company employs 1,878 workers across the globe.
How can I contact GDS?: GDS's mailing address is F4/F5 BUILDING C SUNLAND INTERNATIONAL NO. 999 ZHOUHAI ROAD PUDONG, SHANGHAI F4, 200137. The official website for the company is www.gds-services.com. The company can be reached via phone at 862120292200, via email at ir@gds-services.com, or via fax at 86-21-2033-0202.

This page (NASDAQ:GDS) was last updated on 8/16/2022 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

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 Risk-Free Trial Subscription Here

GDS - GDS Stock Forecast, Price & News

GDS MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month