GDS Holdings Limited (NASDAQ:GDS) has a beta value of 1.01 and has seen 1,247,065 shares traded in the recent trading session. The company, currently valued at $15.07 Billion, closed the recent trade at $80.17 per share which meant it lost -$2.8 on the day or -3.37% during that session. The GDS stock price is -45.64% off its 52-week high price of $116.76 and 37.98% above the 52-week low of $49.72. If we look at the company’s 10-day average daily trading volume, we find that it stood at 990.07 Million shares traded. The 3-month trading volume is 1.23 Million shares.
The consensus among analysts is that GDS Holdings Limited (GDS) is a Buy stock at the moment, with a recommendation rating of 1.8. 1 analysts rate the stock as a Sell, while 3 rate it as Overweight. None out of 27 have rated it as a Hold, with 23 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.09.
GDS Holdings Limited (NASDAQ:GDS) trade information
Despite being -3.37% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Thursday, Apr 29 when the GDS stock price touched $87.69- or saw a rise of 8.8%. Year-to-date, GDS Holdings Limited shares have moved -14.59%, while the 5-day performance has seen it change -6.4%. Over the past 30 days, the shares of GDS Holdings Limited (NASDAQ:GDS) have changed -3.1%. Short interest in the company has seen 11.16 Million shares shorted with days to cover at 9.07.
GDS Holdings Limited (GDS) estimates and forecasts
Figures show that GDS Holdings Limited shares have outperformed across the wider relevant industry. The company’s shares have lost -0.29% over the past 6 months, with this year growth rate of 34.72%, compared to 8.6% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 18.2% and 50% for the next quarter. Revenue growth from the last financial year stood is estimated to be +38.9%.
9 analysts offering their estimates for the company have set an average revenue estimate of $267.34 Million for the current quarter. 9 have an estimated revenue figure of $292.89 Million for the next quarter concluding in June 01, 2021. Year-ago sales stood $177.24 Million and $198.39 Million respectively for this quarter and the next, and analysts expect sales will grow by 50.8% for the current quarter and 47.6% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -15.2% over the past 5 years. Earnings growth for 2021 is a modest -29.8%.
GDS Holdings Limited (NASDAQ:GDS)’s Major holders
Insiders own 3.33% of the company shares, while shares held by institutions stand at 60.76% with a share float percentage of 62.85%. Investors are also buoyed by the number of investors in a company, with GDS Holdings Limited having a total of 471 institutions that hold shares in the company. The top two institutional holders are Singapore Technologies Telemedia Pte Ltd with over 15.84 Million shares worth more than $1.48 Billion. As of December 30, 2020, Singapore Technologies Telemedia Pte Ltd held 8.87% of shares outstanding.
The other major institutional holder is 12 West Capital Management, LP, with the holding of over 9.99 Million shares as of December 30, 2020. The firm’s total holdings are worth over $935.31 Million and represent 5.6% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard International Stock Index-Total Intl Stock Indx and Vanguard International Stock Index-Emerging Markets Stk. As of January 30, 2021, the former fund manager holds about 0.78% shares in the company for having 1396308 shares of worth $144.6 Million while later fund manager owns 1.39 Million shares of worth $143.77 Million as of January 30, 2021, which makes it owner of about 0.78% of company’s outstanding stock.