Chindata Group (CD) Stock Price, News & Analysis

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chindata Group in the last twelve months. 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.
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1 brokers have issued 1 year target prices for Chindata Group's shares. Their CD share price targets range from $8.60 to $8.60. On average, they anticipate the company's share price to reach $8.60 in the next twelve months. This suggests a possible upside of 1.8% from the stock's current price.
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Chindata Group Holdings Limited (NASDAQ:CD) posted its quarterly earnings data on Tuesday, November, 23rd. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.03) by $0.25. The company had revenue of $114.97 million for the quarter, compared to analyst estimates 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 prior year, the firm posted ($0.08) EPS.

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).

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 served as the underwriters for the IPO and UBS Investment Bank and China Renaissance were co-managers.