GDS Holdings Limited (NASDAQ:GDS) Receives Average Rating of “Moderate Buy” from Analysts

Shares of GDS Holdings Limited (NASDAQ:GDS) have been assigned a consensus rating of “Moderate Buy” from the five research firms that are covering the firm, Marketbeat reports. Two research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $15.69.

Several research analysts have commented on GDS shares. StockNews.com raised GDS to a “sell” rating in a research report on Thursday, March 21st. JPMorgan Chase & Co. dropped their price target on GDS from $12.00 to $7.00 and set a “neutral” rating on the stock in a research report on Thursday, March 28th.

GDS Stock Down 1.4 %

Shares of GDS stock opened at $6.32 on Monday. The company has a debt-to-equity ratio of 1.92, a quick ratio of 1.52 and a current ratio of 1.32. The stock’s 50 day simple moving average is $6.96 and its 200 day simple moving average is $8.24. The company has a market capitalization of $1.20 billion, a price-to-earnings ratio of -1.89 and a beta of 0.40. GDS has a twelve month low of $5.01 and a twelve month high of $16.79.

GDS (NASDAQ:GDS) last issued its quarterly earnings results on Tuesday, March 26th. The company reported ($0.62) EPS for the quarter, missing the consensus estimate of ($0.39) by ($0.23). The business had revenue of $360.07 million during the quarter, compared to the consensus estimate of $363.21 million. GDS had a negative return on equity of 8.90% and a negative net margin of 43.25%. As a group, research analysts predict that GDS will post -1.28 EPS for the current year.

Institutional Trading of GDS

Institutional investors and hedge funds have recently modified their holdings of the company. Barclays PLC increased its position in shares of GDS by 132.8% during the second quarter. Barclays PLC now owns 2,898 shares of the company’s stock valued at $32,000 after purchasing an additional 1,653 shares during the period. 1832 Asset Management L.P. bought a new stake in shares of GDS during the fourth quarter valued at approximately $41,000. PNC Financial Services Group Inc. increased its position in shares of GDS by 23.5% during the second quarter. PNC Financial Services Group Inc. now owns 4,720 shares of the company’s stock valued at $52,000 after purchasing an additional 897 shares during the period. Tower Research Capital LLC TRC acquired a new stake in GDS in the 4th quarter valued at $53,000. Finally, Advisor Group Holdings Inc. boosted its stake in GDS by 71.3% in the 4th quarter. Advisor Group Holdings Inc. now owns 2,795 shares of the company’s stock valued at $57,000 after buying an additional 1,163 shares in the last quarter. 33.71% of the stock is currently owned by institutional investors.

GDS Company Profile

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.