Wall street estimates Earnings report GDS (NASDAQ:GDS)

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Earnings results for GDS (NASDAQ:GDS)

GDS Holdings Limited is expected* to report earnings on 05/19/2021 after market close. The report will be for the fiscal Quarter ending Mar 2021. According to Zacks Investment Research, based on 3 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.15. The reported EPS for the same quarter last year was $-0.08.

GDS last announced its earnings data on March 10th, 2021. The reported ($0.21) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.12) by $0.09. The firm earned $1.63 billion during the quarter, compared to analysts’ expectations of $1.64 billion. Its quarterly revenue was up 38.4% on a year-over-year basis. 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 Wednesday, May 19th, 2021. GDS will be holding an earnings conference call on Wednesday, May 19th. Interested parties can register for or listen to the call using this link.

Analyst Opinion on GDS (NASDAQ:GDS)

8 Wall Street analysts have issued ratings and price targets for GDS in the last 12 months. Their average twelve-month price target is $99.67, predicting that the stock has a possible upside of 25.89%. The high price target for GDS is $122.00 and the low price target for GDS is $70.00. There are currently 1 sell rating, 6 buy ratings and 1 strong buy rating 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 2.88, and is based on 6 buy ratings, no hold ratings, and 1 sell rating. According to analysts’ consensus price target of $99.67, GDS has a forecasted upside of 25.9% from its current price of $79.17. GDS has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: GDS (NASDAQ:GDS)

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

Insiders buying/selling: GDS (NASDAQ:GDS)

In the past three months, GDS insiders have not sold or bought any company stock. 66.97% 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 (NASDAQ:GDS

Earnings for GDS are expected to grow in the coming year, from ($0.51) to ($0.18) per share. The P/E ratio of GDS is -152.25, 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 -152.25, 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 6.24. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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