In today’s recent session, 0.53 million shares of the GDS Holdings Limited ADR (NASDAQ:GDS) have been traded, and its beta is 0.17. Most recently the company’s share price was $28.04, and it changed around $0.76 or 2.76% from the last close, which brings the market valuation of the company to $5.30B. GDS at last check was trading at a discount to its 52-week high of $29.17, offering almost -4.03% off that amount. The share price’s 52-week low was $5.53, which indicates that the recent value has risen by an impressive 80.28% since then. We note from GDS Holdings Limited ADR’s average daily trading volume that its 10-day average is 2.33 million shares, with the 3-month average coming to 1.57 million.
GDS Holdings Limited ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.25. If we narrow it down even further, the data shows that 0 out of 19 analysts rate the stock as a Sell; another 7 rate it as Overweight. Among the rest, 3 recommended GDS as a Hold, whereas 9 deemed it a Buy, and 0 rated it as Underweight. GDS Holdings Limited ADR is expected to report earnings per share of -1.37 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 2.76% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 28.36 on recent trading dayincreased the stock’s daily price by 1.13%. The company’s shares are currently up 18.00% year-to-date, but still up 9.18% over the last five days. On the other hand, GDS Holdings Limited ADR (NASDAQ:GDS) is -2.78% down in the 30-day period. We can see from the shorts that 5.62 million shares have been sold at a short interest cover period of 3.88 day(s).
The consensus price target as assigned by Wall Street analysts is $24.73, which translates to bulls needing to decrease their stock price by -13.38% from its current value. Analyst projections state that GDS is forecast to be at a low of $22.4 and a high of $27.06.
GDS Holdings Limited ADR (GDS) estimates and forecasts
The year-over-year growth rate is expected to be 15.53%, up from the previous year.
Consensus estimates provided by 7 financial analysts predict the company will bring in an average of 3.13B in revenue for the current quarter. 4 analysts expect GDS Holdings Limited ADR to make 3.19B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 2.56B and 2.63B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 22.32%. Forecasts for the next quarter put sales growth at 21.25%.
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 -134.25% in 2025, but the outlook is positive 8.75% per year for the next five years.
GDS Dividends
GDS Holdings Limited ADR’s next quarterly earnings report is expected to be released in March.
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.
Baron Real Estate Fund and MFS Series Trust X-MFS Emerging Markets Equity Fund were the top two Mutual Funds as of Sep 30, 2024. The former held 4.03 shares worth $115.15 million, making up 2.20% of all outstanding shares. On the other hand, MFS Series Trust X-MFS Emerging Markets Equity Fund held roughly 1.07 shares worth around $30.54 million, which represents about 0.58% of the total shares outstanding.
