Earnings and Growth Analysis : GDS Stock Forecast, Price & News (NASDAQ:GDS)

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Earnings results for GDS Stock Forecast, Price & News (NASDAQ:GDS)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at -0.05 and remained the same over the past month at -0.05. none raised and none lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at -0.2 and increased over the past month from -0.21 to -0.2(4.76%). Of the 2 analysts making yearly forecasts, 1raised and 1 lowered their forecast.

GDS last issued its quarterly earnings data on May 14th, 2020. The reported ($0.08) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by $0.03. The firm had revenue of $174.08 million for the quarter, compared to analyst estimates of $173.12 million. GDS has generated ($0.52) earnings per share over the last year. GDS has confirmed that its next quarterly earnings report will be published on Tuesday, August 18th, 2020.

Analyst Opinion on GDS Stock Forecast, Price & News (NASDAQ:GDS)

11 Wall Street analysts have issued ratings and price targets for GDS in the last 12 months. Their average twelve-month price target is $75.69, predicting that the stock has a possible downside of 7.80%. The high price target for GDS is $112.00 and the low price target for GDS is $57.00. There are currently 1 sell rating, 1 hold rating and 9 buy ratings for the stock, resulting in a consensus rating of “Buy.”

GDS has received a consensus rating of Buy. The company’s average rating score is 2.73, and is based on 9 buy ratings, 1 hold rating, and 1 sell rating. According to analysts’ consensus price target of $75.69, GDS has a forecasted downside of 7.8% from its current price of $82.10. GDS has only been the subject of 4 research reports in the past 90 days.

Dividend Strength: GDS Stock Forecast, Price & News (NASDAQ:GDS)

GDS does not currently pay a dividend. GDS does not have a long track record of dividend growth.

Insiders buying/selling: GDS Stock Forecast, Price & News (NASDAQ:GDS)

In the past three months, GDS insiders have not sold or bought any company stock. 64.51% of the stock of GDS is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of GDS Stock Forecast, Price & News (NASDAQ:GDS

Earnings for GDS are expected to grow in the coming year, from ($0.20) to $0.28 per share. The P/E ratio of GDS is -190.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of GDS is -190.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. GDS has a P/B Ratio of 6.47. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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