In last trading session, GDS Holdings Limited (NASDAQ:GDS) saw 2.34 million shares changing hands with its beta currently measuring 0.67. Company’s recent per share price level of $11.72 trading at -$0.21 or -1.76% at ring of the bell on the day assigns it a market valuation of $2.31B. That closing price of GDS’s stock is at a discount of -394.2% from its 52-week high price of $57.92 and is indicating a premium of 28.24% from its 52-week low price of $8.41. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.54 million shares which gives us an average trading volume of 1.61 million if we extend that period to 3-months.
For GDS Holdings Limited (GDS), analysts’ consensus is at an average recommendation of an Overweight while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 24 analysts covering the stock, 0 rated the stock as a Sell while 2 recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 17 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.29 in the current quarter.
GDS Holdings Limited (NASDAQ:GDS) trade information
Upright in the red during last session for losing -1.76%, in the last five days GDS remained trading in the red while hitting it’s week-highest on Thursday, 11/17/22 when the stock touched $11.72 price level, adding 25.87% to its value on the day. GDS Holdings Limited’s shares saw a change of -75.15% in year-to-date performance and have moved -20.00% in past 5-day. GDS Holdings Limited (NASDAQ:GDS) showed a performance of -5.02% in past 30-days. Number of shares sold short was 9.64 million shares which calculate 9.59 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $200.53 to the stock, which implies a rise of 94.16% to its current value. Analysts have been projecting $99.29 as a low price target for the stock while placing it at a high target of $376.79. It follows that stock’s current price would drop -3114.93% in reaching the projected high whereas dropping to the targeted low would mean a loss of -747.18% for stock’s current value.
GDS Holdings Limited (GDS) estimates and forecasts
Statistics highlight that GDS Holdings Limited is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -53.62% of value to its shares in past 6 months, showing an annual growth rate of -35.09% while that of industry is 14.10. Apart from that, the company came lowering its revenue forecast for fiscal year 2022. The company is estimating its revenue growth to decrease by -3.60% in the current quarter and calculating -24.10% decrease in the next quarter. This year revenue growth is estimated to rise 11.00% from the last financial year’s standing.
12 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $319.24 million for the same. And 9 analysts are in estimates of company making revenue of $327.34 million in the next quarter that will end on Sep 2022.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 7.70% during past 5 years. In 2022, company’s earnings growth rate is likely to be around -53.70% while estimates for its earnings growth in next 5 years are of 0.51%.
GDS Holdings Limited is more likely to be releasing its next quarterly report between November 14 and November 18 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
GDS Holdings Limited (NASDAQ:GDS)’s Major holders
Insiders are in possession of 1.12% of company’s total shares while institution are holding 47.54 percent of that, with stock having share float percentage of 48.08%. Investors also watch the number of corporate investors in a company very closely, which is 47.54% institutions for GDS Holdings Limited that are currently holding shares of the company. Singapore Technologies Telemedia Pte Ltd is the top institutional holder at GDS for having 15.84 million shares of worth $528.75 million. And as of Jun 29, 2022, it was holding 8.70% of the company’s outstanding shares.
The second largest institutional holder is Canada Pension Plan Investment Board, which was holding about 8.53 million shares on Jun 29, 2022. The number of shares represents firm’s hold over 4.68% of outstanding shares, having a total worth of $284.87 million.
On the other hand, Federated Hermes Kaufmann Fund and Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF are the top two Mutual Funds which own company’s shares. As of Jul 30, 2022, the former fund manager was holding 1.75 million shares of worth $48.44 million or 0.96% of the total outstanding shares. The later fund manager was in possession of 1.19 million shares on Jul 30, 2022, making its stake of worth around $32.9 million in the company or a holder of 0.65% of company’s stock.