Shares of GDS Holdings Ltd – (NASDAQ:GDS) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.
Analysts have set a 1-year consensus price target of $31.00 for the company, according to Zacks. Zacks has also assigned GDS an industry rank of 167 out of 265 based on the ratings given to related companies.
GDS has been the subject of a number of recent analyst reports. Credit Suisse Group reiterated a “neutral” rating and issued a $23.00 target price on shares of GDS in a research report on Wednesday, December 20th. JPMorgan Chase increased their target price on shares of GDS from $21.00 to $31.00 and gave the company an “overweight” rating in a research report on Monday, March 19th. Royal Bank of Canada increased their target price on shares of GDS to $33.00 and gave the company an “outperform” rating in a research report on Thursday, March 15th. Finally, TheStreet lowered shares of GDS from a “c-” rating to a “d+” rating in a research report on Monday, March 19th.
GDS traded up $0.42 on Monday, reaching $26.15. The company had a trading volume of 304,265 shares, compared to its average volume of 852,375. The firm has a market capitalization of $2,505.92, a PE ratio of -51.27 and a beta of 2.56. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 1.29. GDS has a one year low of $6.90 and a one year high of $31.77.
GDS (NASDAQ:GDS) last announced its earnings results on Tuesday, March 13th. The company reported ($0.17) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.13) by ($0.04). The company had revenue of $505.50 million during the quarter, compared to the consensus estimate of $476.65 million. GDS had a negative net margin of 20.29% and a negative return on equity of 10.11%. The company’s revenue was up 62.2% on a year-over-year basis.
GDS Holdings Ltd is a developer and operator of data centers in China. The Company is engaged in design, build-out and operation of data centers. It operates as a carrier and cloud neutral, which enables its customers to connect to all the People’s Republic of China telecommunications carriers, and to access a number of the People’s Republic of China cloud service providers, whom it hosts in its facilities.
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