Should I buy or sell Chindata Group stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chindata Group in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CD, but not buy additional shares or sell existing shares. View CD analyst ratings or view top-rated stocks .

What is Chindata Group's stock price target for 2024?

1 Wall Street research analysts have issued 1-year target prices for Chindata Group's stock. Their CD share price targets range from $8.60 to $8.60. On average, they predict the company's share price to reach $8.60 in the next year. This suggests a possible upside of 1.8% from the stock's current price. View analysts price targets for CD or view top-rated stocks among Wall Street analysts .

How were Chindata Group's earnings last quarter?

Chindata Group Holdings Limited (NASDAQ:CD) announced its quarterly earnings data on Tuesday, November, 23rd. The company reported $0.22 earnings per share for the quarter, beating analysts' consensus estimates of ($0.03) by $0.25. The firm earned $114.97 million during the quarter, compared to the consensus estimate of $111.21 million. Chindata Group had a trailing twelve-month return on equity of 7.52% and a net margin of 14.82%. During the same quarter in the previous year, the company earned ($0.08) EPS.

What ETFs hold Chindata Group's stock?

ETFs with the largest weight of Chindata Group (NASDAQ:CD) stock in their portfolio include iShares MSCI China Small-Cap ETF (ECNS) and Roundhill IO Digital Infrastructure ETF (BYTE) . Invesco Golden Dragon China ETF (PGJ) .

When did Chindata Group IPO?

Chindata Group (CD) raised $500 million in an initial public offering on Wednesday, September 30th 2020. The company issued 40,000,000 shares at $11.50-$13.50 per share. Morgan Stanley and Citigroup acted as the underwriters for the IPO and UBS Investment Bank and China Renaissance were co-managers.

NASDAQ:CD

Chindata Group (CD) Stock Price, News & Analysis

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Notice: This company has been marked as potentially delisted and may not be actively trading.

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Today's Range: $8.45
▼
$8.45
50-Day Range: $8.34
▼
$9.12
52-Week Range: $4.86
▼
$9.44

Volume: N/A
Average Volume: 1.91 million shs
Market Capitalization: $3.44 billion

P/E Ratio: 26.41
Dividend Yield: N/A
Price Target: $8.60

Stock Analysis Analyst Forecasts Earnings Headlines Ownership Short Interest Social Media

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Chindata Group MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 1.8% Upside
$8.60 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: 28.57%
From $0.35 to $0.45 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.31 out of 5 stars

Computer And Technology Sector

566th out of 590 stocks

Information Technology Services Industry

3rd out of 3 stocks

1.0

Analyst's Opinion

Consensus Rating
Chindata Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Chindata Group has received no research coverage in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for CD.

0.0

Dividend Strength

Dividend Yield
Chindata Group does not currently pay a dividend.
Dividend Growth
Chindata Group does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for CD.

0.6

News and Social Media Coverage

Search Interest
2 people have searched for CD on MarketBeat in the last 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Chindata Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 5.50% of the stock of Chindata Group is held by insiders.
Percentage Held by Institutions
Only 21.11% of the stock of Chindata Group is held by institutions.

3.1

Earnings and Valuation

Earnings Growth
Earnings for Chindata Group are expected to grow by 28.57% in the coming year, from $0.35 to $0.45 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Chindata Group is 26.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.65.
Price to Earnings Ratio vs. Sector
The P/E ratio of Chindata Group is 26.41, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 267.38.
Price to Book Value per Share Ratio
Chindata Group has a P/B Ratio of 1.95. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Chindata Group Stock (NASDAQ:CD)

Chindata Group Holdings Limited provides carrier-neutral hyperscale data center solutions in Mainland China, India, and Southeast Asia. It offers artificial intelligence, cloud computing, smart cities and homes, online entertainment, and other on-demand services. The company also provides internet data center colocation and rental services; and technical and consulting services. Its integrated data center solutions include infrastructure, power supply, connectivity and operation and maintenance, and tailor-made to their scale and requirements throughout the planning, design, construction, and operation process. The company was formerly known as BCPE Bridge Stack Limited and changed its name to Chindata Group Holdings Limited in April 2020. Chindata Group Holdings Limited was founded in 2015 and is headquartered in Beijing, China.

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CD Stock News Headlines

April 11, 2024 | msn.com

Changing the Game: A Leader's Perspective on CD PROJEKT RED'S Transformation | D.I.C.E. Summit 2024

April 11, 2024 | cnn.com

Best IRA CD rates in April 2024

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April 8, 2024 | finance.yahoo.com

The best CD rates on the market for April 2024

April 8, 2024 | time.com

Best 5-Year CD Rates of 2024

March 29, 2024 | cnn.com

Best 1-year CD rates for March 2024

March 28, 2024 | msn.com

Walgreens Slashes Annual Profit Forecast; MillerKnoll Nosedives 17% on Bleak 4Q Outlook, and Latest News

March 19, 2024 | cnn.com

The best CD rates of March 2024

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March 14, 2024 | msn.com

Top CD Rates Today: Leading 1-Year Return Falls to 5.43%

March 9, 2024 | usatoday.com

CD rates forecast: How high will rates rise in 2024?

February 24, 2024 | cnet.com

Synchrony Bank CD Rates for February 2024

February 21, 2024 | investopedia.com

Best 4-Year CD Rates for February 2024

February 18, 2024 | businessinsider.com

An IRA CD is a conservative investment account for people nearing retirement

February 1, 2024 | msn.com

Sanatkada Festival’s 15th edition to explore love through Lakhnavi Lens

December 20, 2023 | investing.com

Chindata (CD) Earnings Dates & Reports

December 19, 2023 | finanznachrichten.de

Chindata Group Holdings Limited: Chindata Group Announces Completion of Going Private Transaction

December 19, 2023 | finance.yahoo.com

Chindata Group Announces Completion of Going Private Transaction

December 7, 2023 | seekingalpha.com

Chindata: Privatization Progress And Business Outlook In The Limelight (Rating Downgrade)

December 6, 2023 | finanznachrichten.de

Chindata Group Holdings Limited: Chindata Group Announces Shareholders' Approval of Merger Agreement

December 4, 2023 | finance.yahoo.com

Chindata Group Announces Shareholders’ Approval of Merger Agreement

November 27, 2023 | morningstar.com

Chindata Group Holdings Ltd ADR CD

October 24, 2023 | finance.yahoo.com

Chindata Scoops Two Data Center Category Prizes at Prestigious 2023 Global Carrier Awards in London

October 19, 2023 | finance.yahoo.com

Chindata Group to Hold Extraordinary General Meeting of Shareholders

October 6, 2023 | nasdaq.com

Chindata Group Holdings Enters Oversold Territory (CD)

October 5, 2023 | insidermonkey.com

Top 5 Chinese Stocks Bridgewater Associates is Selling

September 1, 2023 | finance.yahoo.com

Chindata Reveals Impressive Revenue Leap of 49.7% in Its Unaudited Q2 2023 Financial Report

See More Headlines

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Company Calendar

Last Earnings: 11/23/2021
Today: 4/18/2024
Fiscal Year End: 12/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Computer and Technology
Industry: Information Technology Services
Sub-Industry: N/A
Current Symbol: NASDAQ:CD
CUSIP: N/A
CIK: 1807192
Web: www.chindatagroup.com
Phone: 00-86-40-0879-7679
Fax: N/A
Employees: 1,450
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $8.60
High Stock Price Target: $8.60
Low Stock Price Target: $8.60
Potential Upside/Downside: +1.8%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.32
Trailing P/E Ratio: 26.41
Forward P/E Ratio: 24.14
P/E Growth: N/A
Net Income: $94.48 million
Net Margins: 14.82%
Pretax Margin: 21.12%
Return on Equity: 7.52%
Return on Assets: 3.40%

Debt

Debt-to-Equity Ratio: 0.92
Current Ratio: 1.99
Quick Ratio: 1.99

Sales & Book Value

Annual Sales: $659.93 million
Price / Sales: 5.21
Cash Flow: $0.63 per share
Price / Cash Flow: 13.40
Book Value: $4.33 per share
Price / Book: 1.95

Miscellaneous

Outstanding Shares: 406,540,000
Free Float: 384,179,000
Market Cap: $3.44 billion
Optionable: Not Optionable
Beta: 0.57

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Key Executives

Mr. Huapeng Wu (Age 50)
CEO & Director
Ms. Qian Xiao (Age 45)
President & Director
Mr. Dongning Wang (Age 50)
Chief Financial Officer
Mr. Xinyue Fan (Age 43)
Chief Operating Officer
Mr. Binghua Zhang (Age 51)
Chief Technology Officer
Ms. Zhuo Zhang
General Counsel & Director of Investor Relations
Ms. Jing Song
President of Chindustry
Zoe Zhuang
Vice President of Finance
Don Zhou
Officer of Investor Relations

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

CD Stock Analysis - Frequently Asked Questions

Should I buy or sell Chindata Group stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chindata Group in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CD shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CD, but not buy additional shares or sell existing shares.
View CD analyst ratings or view top-rated stocks.
What is Chindata Group's stock price target for 2024?: 1 Wall Street research analysts have issued 1-year target prices for Chindata Group's stock. Their CD share price targets range from $8.60 to $8.60. On average, they predict the company's share price to reach $8.60 in the next year. This suggests a possible upside of 1.8% from the stock's current price.
View analysts price targets for CD or view top-rated stocks among Wall Street analysts.
How were Chindata Group's earnings last quarter?: Chindata Group Holdings Limited (NASDAQ:CD) announced its quarterly earnings data on Tuesday, November, 23rd. The company reported $0.22 earnings per share for the quarter, beating analysts' consensus estimates of ($0.03) by $0.25. The firm earned $114.97 million during the quarter, compared to the consensus estimate of $111.21 million. Chindata Group had a trailing twelve-month return on equity of 7.52% and a net margin of 14.82%. During the same quarter in the previous year, the company earned ($0.08) EPS.

What ETFs hold Chindata Group's stock?: ETFs with the largest weight of Chindata Group (NASDAQ:CD) stock in their portfolio include iShares MSCI China Small-Cap ETF (ECNS) and Roundhill IO Digital Infrastructure ETF (BYTE).Invesco Golden Dragon China ETF (PGJ).
When did Chindata Group IPO?: Chindata Group (CD) raised $500 million in an initial public offering on Wednesday, September 30th 2020. The company issued 40,000,000 shares at $11.50-$13.50 per share. Morgan Stanley and Citigroup acted as the underwriters for the IPO and UBS Investment Bank and China Renaissance were co-managers.

This page (NASDAQ:CD) was last updated on 4/19/2024 by MarketBeat.com Staff

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Chindata Group (CD) Stock Price, News & Analysis

Chindata Group MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

Search Interest

Company Ownership

Earnings and Valuation

About Chindata Group Stock (NASDAQ:CD)

CD Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

CD Stock Analysis - Frequently Asked Questions

Overall MarketRank^™