In today’s recent session, 1.24 million shares of the GDS Holdings Limited ADR (NASDAQ:GDS) have been traded, and its beta is 0.24. Most recently the company’s share price was $17.89, and it changed around $1.77 or 10.98% from the last close, which brings the market valuation of the company to $3.38B. GDS at last check was trading at a discount to its 52-week high of $18.14, offering almost -1.4% off that amount. The share price’s 52-week low was $5.01, which indicates that the recent value has risen by an impressive 72.0% since then. We note from GDS Holdings Limited ADR’s average daily trading volume that its 10-day average is 1.45 million shares, with the 3-month average coming to 1.51 million.

GDS Holdings Limited ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.12. 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 -0.19 for the current quarter.

GDS Holdings Limited ADR (NASDAQ:GDS) trade information

Instantly GDS has been showing a green trend so far today with a performance of 10.98% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 18.31 on recent trading dayincreased the stock’s daily price by 2.29%. The company’s shares are currently up 96.16% year-to-date, but still up 5.80% over the last five days. On the other hand, GDS Holdings Limited ADR (NASDAQ:GDS) is 47.24% up in the 30-day period. We can see from the shorts that 6.99 million shares have been sold at a short interest cover period of 3.99 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 57.35% from its current value. Analyst projections state that GDS is forecast to be at a low of $13.3 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 133.25 percent over the past six months and at a 24.50% annual growth rate that is well above the industry average of 18.50%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 44.10% in revenue this quarter, and will report a decrease of -183.30% in the next quarter. The year-over-year growth rate is expected to be 16.10%, up from the previous year.

Consensus estimates provided by 4 financial analysts predict the company will bring in an average of 422.03M in revenue for the current quarter. 4 analysts expect GDS Holdings Limited ADR to make 437.91M 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 19.50%. Forecasts for the next quarter put sales growth at 21.70%.

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 -142.23% 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.