GDS (NASDAQ:GDS – Get Free Report) is projected to issue its Q2 2025 quarterly earnings data before the market opens on Wednesday, August 20th. Analysts expect the company to announce earnings of ($0.11) per share and revenue of $2.83 billion for the quarter. GDS has set its FY 2025 guidance at EPS.
GDS (NASDAQ:GDS – Get Free Report) last issued its quarterly earnings results on Tuesday, May 20th. The company reported $0.48 EPS for the quarter, topping the consensus estimate of ($0.22) by $0.70. GDS had a return on equity of 0.78% and a net margin of 39.90%. The firm had revenue of $375.14 million during the quarter, compared to analysts’ expectations of $2.72 billion. During the same period in the previous year, the business earned ($1.96) earnings per share. The firm’s revenue for the quarter was up 3.6% on a year-over-year basis. On average, analysts expect GDS to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
GDS Stock Down 1.5%
Shares of GDS opened at $36.31 on Wednesday. The company has a debt-to-equity ratio of 1.62, a quick ratio of 1.47 and a current ratio of 1.47. GDS has a one year low of $11.23 and a one year high of $52.50. The stock has a market capitalization of $6.92 billion, a price-to-earnings ratio of 11.14 and a beta of 0.33. The stock has a 50 day moving average price of $32.17 and a 200 day moving average price of $29.72.
Hedge Funds Weigh In On GDS
Analyst Upgrades and Downgrades
Several brokerages have issued reports on GDS. BMO Capital Markets upgraded GDS to a “market perform” rating in a report on Wednesday, July 16th. Daiwa Capital Markets restated a “buy” rating on shares of GDS in a report on Wednesday, May 28th. Wall Street Zen upgraded GDS from a “sell” rating to a “hold” rating in a report on Wednesday, May 21st. JPMorgan Chase & Co. upgraded GDS from a “neutral” rating to an “overweight” rating and upped their target price for the company from $34.00 to $46.00 in a report on Wednesday, July 16th. Finally, JMP Securities restated a “market outperform” rating and issued a $40.00 target price on shares of GDS in a report on Wednesday, May 21st. Three investment analysts have rated the stock with a hold rating, six have issued a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $40.57.
Check Out Our Latest Stock Analysis on GDS
About GDS
GDS Holdings Limited, together with its subsidiaries, develops and operates data centers in the People's Republic of China. The company provides colocation services comprising critical facilities space, customer-available power, racks, and cooling; managed hosting services, including business continuity and disaster recovery, network management, data storage, system security, operating system, database, and server middleware services; managed cloud services; and consulting services.
Featured Stories
- Five stocks we like better than GDS
- What is Forex and How Does it Work?
- NFL and WWE Land on ESPN—The Impact on Disney and TKO Stocks
- The Significance of Brokerage Rankings in Stock Selection
- If Qualcomm Holds $145, Its Next Move Could Be Massive
- What Are Treasury Bonds?
- Intel’s White House Reset: From Political Storm to a Clearer Sky
Receive News & Ratings for GDS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GDS and related companies with MarketBeat.com's FREE daily email newsletter.