GDS Holdings Limited (NASDAQ:GDS) Receives $15.69 Average PT from Analysts

Shares of GDS Holdings Limited (NASDAQ:GDS) have earned a consensus recommendation of “Moderate Buy” from the five research firms that are currently covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $15.69.

A number of analysts recently issued reports on GDS shares. StockNews.com raised GDS to a “sell” rating in a research note on Thursday, March 21st. JPMorgan Chase & Co. lowered their target price on GDS from $12.00 to $7.00 and set a “neutral” rating for the company in a research note on Thursday, March 28th.

GDS Stock Performance

Shares of GDS stock opened at $7.26 on Monday. The company has a debt-to-equity ratio of 1.92, a current ratio of 1.32 and a quick ratio of 1.52. The stock has a market cap of $1.38 billion, a PE ratio of -2.17 and a beta of 0.40. The stock has a 50-day moving average of $7.01 and a 200-day moving average of $8.17. GDS has a one year low of $5.01 and a one year high of $15.75.

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

Hedge Funds Weigh In On GDS

A number of large investors have recently bought and sold shares of the company. PNC Financial Services Group Inc. boosted its holdings in shares of GDS by 23.8% in the 3rd quarter. PNC Financial Services Group Inc. now owns 5,843 shares of the company’s stock valued at $64,000 after buying an additional 1,123 shares during the last quarter. Signaturefd LLC boosted its holdings in shares of GDS by 20.0% in the 3rd quarter. Signaturefd LLC now owns 8,714 shares of the company’s stock valued at $95,000 after buying an additional 1,451 shares during the last quarter. Barclays PLC boosted its holdings in shares of GDS by 132.8% in the 2nd quarter. Barclays PLC now owns 2,898 shares of the company’s stock valued at $32,000 after buying an additional 1,653 shares during the last quarter. Tower Research Capital LLC TRC acquired a new stake in shares of GDS in the 4th quarter valued at approximately $53,000. Finally, Aigen Investment Management LP acquired a new stake in shares of GDS in the 3rd quarter valued at approximately $115,000. Institutional investors and hedge funds own 33.71% of the company’s stock.

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.