Check out these key findings about GDS Holdings Limited (GDS)

GDS Holdings Limited (NASDAQ: GDS) stock jumped 3.42% on Friday to $22.66 against a previous-day closing price of $21.91. With 1.15 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.12 million shares. During the session, the Software – Infrastructure company that operates in wider Technology sector, reached to the highest price of $23.41 whereas the lowest price it dropped to was $21.73. The 52-week range on GDS shows that it touched its highest point at $48.40 and its lowest point at $8.41 during that stretch. It currently has a 1-year price target of $26.92. Beta for the stock currently stands at 0.64.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GDS was down-trending over the past week, with a drop of -3.62%, but this was up by 21.31% over a month. Three-month performance surged to 56.28% while six-month performance fell -22.45%. The stock lost -46.77% in the past year, while it has gained 9.89% so far this year. A look at the trailing 12-month EPS for GDS yields -1.35 with Next year EPS estimates of -1.45. For the next quarter, that number is -0.41. This implies an EPS growth rate of -53.70% for this year and -5.10% for next year. EPS is expected to grow by 0.51% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 7.70%.


Float and Shares Shorts:

At present, 183.32 million GDS shares are outstanding with a float of 179.73 million shares on hand for trading. On Oct 13, 2022, short shares totaled 9.64 million, which was 5.06% higher than short shares on Sep 14, 2022. In addition to Mr. Wei Huang as the firm’s Founder, Chairman & CEO, Mr. Daniel A. Newman serves as its Chief Financial Officer.

Institutional Ownership:

Through their ownership of 47.54% of GDS’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 16.90% of GDS, in contrast to 10.96% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in GDS with 4.68% of the stake, Canada Pension Plan Investment Bo holds 8,531,570 shares worth 8,531,570. A second-largest stockholder of GDS, 12 West Capital Management LP, holds 7,117,884 shares, controlling over 3.91% of the firm’s shares. Goldman Sachs & Co. LLC is the third largest shareholder in GDS, holding 3,693,036 shares or 2.03% stake. With a 4.46% stake in GDS, the Canada Pension Plan is the largest stakeholder. A total of 8,130,000 shares are owned by the mutual fund manager. The Federated Hermes Kaufmann Fund, which owns about 0.96% of GDS stock, is the second-largest Mutual Fund holder. It holds 1,750,000 shares valued at 36.09 million. Government Pension Fund – Global holds 0.77% of the stake in GDS, owning 1,409,333 shares worth 29.06 million.


Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GDS since 22 analysts follow the stock currently. There are 15 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 2 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With GDS analysts setting a high price target of $338.73 and a low target of $99.87, the average target price over the next 12 months is $191.28. Based on these targets, GDS could surge 1394.84% to reach the target high and rise by 340.73% to reach the target low. Reaching the average price target will result in a growth of 744.13% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. GDS will report FY 2022 earnings on 03/19/2024. Analysts have provided yearly estimates in a range of -$7.97 being high and -$9.94 being low. For GDS, this leads to a yearly average estimate of -$8.97. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. GDS Holdings Limited surprised analysts by $0.01 when it reported -$0.03 EPS against a consensus estimate of -$0.05. The surprise factor in the prior quarter was $0.01. Based on analyst estimates, the high estimate for the next quarter is -$2.70 and the low estimate is -$8.27. The average estimate for the next quarter is thus -$4.24.

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