In today’s recent session, 0.58 million shares of the GDS Holdings Limited ADR (NASDAQ:GDS) have been traded, and its beta is 0.22. Most recently the company’s share price was $16.44, and it changed around -$0.25 or -1.47% from the last close, which brings the market valuation of the company to $3.11B. GDS at last check was trading at a discount to its 52-week high of $17.03, offering almost -3.59% off that amount. The share price’s 52-week low was $5.01, which indicates that the recent value has risen by an impressive 69.53% since then. We note from GDS Holdings Limited ADR’s average daily trading volume that its 10-day average is 2.37 million shares, with the 3-month average coming to 1.36 million.
GDS Holdings Limited ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.19. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended GDS as a Hold, whereas 4 deemed it a Buy, and 0 rated it as Underweight. GDS Holdings Limited ADR is expected to report earnings per share of -0.22 for the current quarter.
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GDS Holdings Limited ADR (NASDAQ:GDS) trade information
Instantly GDS has been showing red trend so far today with a performance of -1.47% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 17.03 on recent trading dayincreased the stock’s daily price by 3.46%. The company’s shares are currently up 80.32% year-to-date, but still up 23.09% over the last five days. On the other hand, GDS Holdings Limited ADR (NASDAQ:GDS) is 51.01% up in the 30-day period. We can see from the shorts that 8.15 million shares have been sold at a short interest cover period of 5.75 day(s).
The consensus price target as assigned by Wall Street analysts is $41.95, which translates to bulls needing to increase their stock price by 60.81% from its current value. Analyst projections state that GDS is forecast to be at a low of $10.4 and a high of $113.1.
GDS Holdings Limited ADR (GDS) estimates and forecasts
GDS Holdings Limited ADR share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 134.59 percent over the past six months and at a 17.22% annual growth rate that is well above the industry average of 16.20%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 35.30% in revenue this quarter, and will report a decrease of -175.00% in the next quarter. The year-over-year growth rate is expected to be 16.00%, up from the previous year.
Consensus estimates provided by 5 financial analysts predict the company will bring in an average of 414.32M in revenue for the current quarter. 5 analysts expect GDS Holdings Limited ADR to make 433.43M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 353.19M and 359.7M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 17.30%. Forecasts for the next quarter put sales growth at 20.50%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -44.77%. GDS Holdings Limited ADR earnings are expected to increase by -151.82% in 2024, but the outlook is positive 0.51% per year for the next five years.
GDS Dividends
GDS Holdings Limited ADR’s next quarterly earnings report is expected to be released on 2024-Nov-20.
GDS Holdings Limited ADR (NASDAQ:GDS)’s Major holders
GOLDMAN SACHS GROUP INC, with 5.0994% or 9.37 million shares worth $87.05 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
MFS Series Trust X-MFS Emerging Markets Equity Fund and Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF were the top two Mutual Funds as of May 31, 2024. The former held 1.53 shares worth $25.09 million, making up 0.83% of all outstanding shares. On the other hand, Pacer Benchmark Data & Infrastructure Real Estate SCTR ETF held roughly 719.32 shares worth around $11.8 million, which represents about 0.39% of the total shares outstanding.
