GDS Holdings Limited ADR (NASDAQ: GDS) Continues To Thrive In 2024, As Its Stock Is Up 27.69% Year-To-Date

During the last session, GDS Holdings Limited ADR (NASDAQ:GDS)’s traded shares were 1.69 million, with the beta value of the company hitting 0.25. At the end of the trading day, the stock’s price was $11.65, reflecting an intraday loss of -3.92% or -$0.47. The 52-week high for the GDS share is $14.24, that puts it down -22.23 from that peak though still a striking 57.0% gain since the share price plummeted to a 52-week low of $5.01. The company’s market capitalization is $2.20B, and the average trade volume was 1.33 million shares over the past three months.

GDS Holdings Limited ADR (GDS) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.19. GDS has a Sell rating from 0 analyst(s) out of 7 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 6 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.26.

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GDS Holdings Limited ADR (NASDAQ:GDS) trade information

GDS Holdings Limited ADR (GDS) registered a -3.92% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -3.92% in intraday trading to $11.65, hitting a weekly high. The stock’s 5-day price performance is -4.39%, and it has moved by 29.97% in 30 days. Based on these gigs, the overall price performance for the year is -1.15%.

The extremes of the forecast give a target low and a target high price of $10.4 and $113.1 respectively. As a result, GDS is trading at a discount of -870.82% off the target high and 10.73% off the low.

GDS Holdings Limited ADR (GDS) estimates and forecasts

Statistics show that GDS Holdings Limited ADR has outperformed its competitors in share price, compared to the industry in which it operates. GDS Holdings Limited ADR (GDS) shares have gone up 80.54% during the last six months, with a year-to-date growth rate more than the industry average at 16.56% against 15.10. In the rating firms’ projections, revenue will increase 13.00% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 384.25M as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 403.07M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 337.33M and 353.19M respectively. In this case, analysts expect current quarter sales to grow by 13.90% and then jump by 14.10% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -44.77%. While earnings are projected to return -175.65% in 2024, the next five years will return 0.51% per annum.

GDS Dividends

GDS Holdings Limited ADR is due to release its next quarterly earnings in August. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

GDS Holdings Limited ADR (NASDAQ:GDS)’s Major holders