In the latest trading session, 2.04 million GDS Holdings Limited ADR (NASDAQ:GDS) shares changed hands as the company’s beta touched 0.11. With the company’s most recent per share price at $25.70 changing hands around $3.99 or 18.38% at last look, the market valuation stands at $4.86B. GDS’s current price is a discount, trading about -13.5% off its 52-week high of $29.17. The share price had its 52-week low at $5.01, which suggests the last value was 80.51% up since then. When we look at GDS Holdings Limited ADR’s average trading volume, we note the 10-day average is 2.13 million shares, with the 3-month average coming to 1.47 million.
Analysts gave the GDS Holdings Limited ADR (GDS) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.22. If we narrow down to specifics, the data shows that 0 out of 7 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended GDS as a Hold, 7 felt it is a Buy and 0 rated the stock as Underweight. GDS Holdings Limited ADR’s EPS for the current quarter is expected to be -1.37.
GDS Holdings Limited ADR (NASDAQ:GDS) trade information
Instantly GDS is in green as seen in intraday trades today. With action 21.00%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 8.16%, with the 5-day performance at 21.00% in the green. However, in the 30-day time frame, GDS Holdings Limited ADR (NASDAQ:GDS) is 8.16% up. Looking at the short shares, we see there were 5.62 million shares sold at short interest cover period of 3.88 days.
The consensus price target for the stock as assigned by Wall Street analysts is 24.73, meaning bulls need a downside of -3.92% from its recent market value. According to analyst projections, GDS’s forecast low is 22.4 with 27.06 as the target high. To hit the forecast high, the stock’s price needs a -5.29% plunge from its current level, while the stock would need to tank 12.84% for it to hit the projected low.
GDS Holdings Limited ADR (GDS) estimates and forecasts
Data shows that the GDS Holdings Limited ADR share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 130.08% over the past 6 months, a 40.40% in annual growth rate that is considerably higher than the industry average of 14.30%. Year-over-year growth is forecast to reach 15.51% up from the last financial year.
Consensus estimates given by 6 financial analysts project the company’s revenue in the current quarter to hit an average of 3.13B. 3 analysts are of the opinion that GDS Holdings Limited ADR’s revenue for the current quarter will be 3.2B. The company’s revenue for the corresponding quarters a year ago was 2.56B and 2.63B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 22.33%. The estimates for the next quarter sales put growth at 21.66%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -44.77%. The 2025 estimates are for GDS Holdings Limited ADR earnings to decrease by -135.54%, but the outlook for the next 5-year period is at 16.92% per year.
GDS Holdings Limited ADR (NASDAQ:GDS)’s Major holders
GOLDMAN SACHS GROUP INC holds the second largest percentage of outstanding shares, with 5.0994% or 9.37 million shares worth $87.05 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Baron Real Estate Fund and MFS Series Trust X-MFS Emerging Markets Equity Fund. With 4.03 shares estimated at $102.92 million under it, the former controlled 2.20% of total outstanding shares. On the other hand, MFS Series Trust X-MFS Emerging Markets Equity Fund held about 0.58% of the shares, roughly 1.07 shares worth around $27.3 million.
