During the last session, GDS Holdings Limited ADR (NASDAQ:GDS)’s traded shares were 1.09 million, with the beta value of the company hitting 0.24. At the end of the trading day, the stock’s price was $21.86, reflecting an intraday gain of 1.77% or $0.38. The 52-week high for the GDS share is $24.50, that puts it down -12.08 from that peak though still a striking 77.08% gain since the share price plummeted to a 52-week low of $5.01. The company’s market capitalization is $4.13B, and the average intraday trading volume over the past 10 days was 1.09 million shares, and the average trade volume was 1.70 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 1.11. GDS has a Sell rating from 0 analyst(s) out of 7 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 7 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 -0.19.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
GDS Holdings Limited ADR (NASDAQ:GDS) trade information
GDS Holdings Limited ADR (GDS) registered a 1.77% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.77% in intraday trading to $21.86, hitting a weekly high. The stock’s 5-day price performance is 1.25%, and it has moved by -2.32% in 30 days. Based on these gigs, the overall price performance for the year is 113.69%. The short interest in GDS Holdings Limited ADR (NASDAQ:GDS) is 6.21 million shares and it means that shorts have 3.15 day(s) to cover.
The consensus price target of analysts on Wall Street is $41.95, which implies an increase of 47.89% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $13.3 and $113.1 respectively. As a result, GDS is trading at a discount of -417.38% off the target high and 39.16% 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 159.62% during the last six months, with a year-to-date growth rate more than the industry average at 24.50% against 18.80. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 44.10% this quarter and then drop -183.30% in the quarter after that. In the rating firms’ projections, revenue will increase 15.50% 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 419.46M as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 435.03M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 353.19M and 359.7M respectively. In this case, analysts expect current quarter sales to grow by 18.80% and then jump by 20.90% 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 -134.47% 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 November. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 9.37 million shares, is of GOLDMAN SACHS GROUP INC’s that is approximately 5.0994% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $87.05 million.