GDS Holdings Limited ADR (NASDAQ: GDS) Shocks Wall Street This Week With A 0.09% Stock Price Incline

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GDS Holdings Limited ADR (NASDAQ:GDS) has a beta value of 0.23 and has seen 0.49 million shares traded in the recent trading session. The company, currently valued at $3.22B, closed the recent trade at $17.05 per share which meant it gained $0.02 on the day or 0.09% during that session. The GDS stock price is -1.82% off its 52-week high price of $17.36 and 70.62% above the 52-week low of $5.01. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.83 million shares traded. The 3-month trading volume is 1.41 million shares.

The consensus among analysts is that GDS Holdings Limited ADR (GDS) is Buy stock at the moment, with a recommendation rating of 1.13. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 7 have rated it as a Hold, with 7 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.19.

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GDS Holdings Limited ADR (NASDAQ:GDS) trade information

Sporting 0.09% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the GDS stock price touched $17.05 or saw a rise of 1.79%. Year-to-date, GDS Holdings Limited ADR shares have moved 86.90%, while the 5-day performance has seen it change 0.03%. Over the past 30 days, the shares of GDS Holdings Limited ADR (NASDAQ:GDS) have changed 60.65%. Short interest in the company has seen 8.64 million shares shorted with days to cover at 7.75.

Wall Street analysts have a consensus price target for the stock at $41.95, which means that the shares’ value could jump 59.36% from the levels at last check today. The projected low price target is $13.3 while the price target rests at a high of $113.1. In that case, then, we find that the latest price level in today’s session is -563.34% off the targeted high while a plunge would see the stock lose 21.99% from the levels at last check today.

GDS Holdings Limited ADR (GDS) estimates and forecasts

Figures show that GDS Holdings Limited ADR shares have outperformed across the wider relevant industry. The company’s shares have gained 166.33% over the past 6 months, with this year growth rate of 24.50%, compared to 17.40% for the industry. Revenue growth from the last financial year stood is estimated to be 16.20%.

2 analysts offering their estimates for the company have set an average revenue estimate of 422.28M for the current quarter. 2 have an estimated revenue figure of 440.37M for the next ending quarter. Year-ago sales stood 353.19M and 359.7M respectively for this quarter and the next, and analysts expect sales will grow by 19.60% for the current quarter and 16.20% 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 -44.77% over the past 5 years. Earnings growth for 2024 is a modest -147.46% while over the next 5 years, the company’s earnings are expected to increase by 0.51%.

GDS Dividends

GDS Holdings Limited ADR is expected to release its next earnings report on 2024-Nov-20 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

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

The top two institutional holders are SINGAPORE TECHNOLOGIES TELEMEDIA PTE LTD with over 15.84 million shares worth more than $147.11 million. As of 2024-06-30, SINGAPORE TECHNOLOGIES TELEMEDIA PTE LTD held 8.6182% of shares outstanding.

The other major institutional holder is GOLDMAN SACHS GROUP INC, with the holding of over 9.37 million shares as of 2024-06-30. The firm’s total holdings are worth over $87.05 million and represent 5.0994% of shares outstanding.