After finishing at $8.37 in the prior trading day, GDS Holdings Limited ADR (NASDAQ: GDS) closed at $6.15, down -26.52%. In other words, the price has decreased by -$2.22 from its previous closing price. On the day, 9678888 shares were traded.
Ratios:
Our goal is to gain a better understanding of GDS by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.52 and its Current Ratio is at 1.52. In the meantime, Its Debt-to-Equity ratio is 2.08 whereas as Long-Term Debt/Eq ratio is at 1.94.
Deutsche Bank Upgraded its Hold to Buy on March 17, 2023, while the target price for the stock was maintained at $20.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GDS now has a Market Capitalization of 1.48B and an Enterprise Value of 7.12B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81 while its Price-to-Book (P/B) ratio in mrq is 0.39. Its current Enterprise Value per Revenue stands at 0.73 whereas that against EBITDA is 1.59.
Stock Price History:
Over the past 52 weeks, GDS has reached a high of $20.78, while it has fallen to a 52-week low of $5.01. The 50-Day Moving Average of the stock is 6.61, while the 200-Day Moving Average is calculated to be 9.69.
Shares Statistics:
The stock has traded on average 1.65M shares per day over the past 3-months and 2.88M shares per day over the last 10 days, according to various share statistics. A total of 182.11M shares are outstanding, with a floating share count of 170.27M. Insiders hold about 7.02% of the company’s shares, while institutions hold 23.00% stake in the company. Shares short for GDS as of Feb 29, 2024 were 9.87M with a Short Ratio of 6.52, compared to 10.76M on Jan 31, 2024.
Earnings Estimates
Its stock is currently analyzed by 3 different market analysts. On average, analysts expect EPS of -$0.34 for the current quarter, with a high estimate of -$0.31 and a low estimate of -$0.35, while EPS last year was -$0.15. The consensus estimate for the next quarter is -$0.28, with high estimates of -$0.22 and low estimates of -$0.31.
Analysts are recommending an EPS of between -$0.85 and -$1.28 for the fiscal current year, implying an average EPS of -$1.14. EPS for the following year is -$1.01, with 9 analysts recommending between -$0.38 and -$1.28.
Revenue Estimates
7 analysts predict $361.51M in revenue for the current quarter. It ranges from a high estimate of $367.48M to a low estimate of $356.94M. As of the current estimate, GDS Holdings Limited ADR’s year-ago sales were $343M, an estimated increase of 5.40% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $366.74M, an increase of 6.40% over than the figure of $5.40% in the same quarter last year. There is a high estimate of $369.73M for the next quarter, whereas the lowest estimate is $359.17M.
A total of 15 analysts have provided revenue estimates for GDS’s current fiscal year. The highest revenue estimate was $1.41B, while the lowest revenue estimate was $1.39B, resulting in an average revenue estimate of $1.4B. In the same quarter a year ago, actual revenue was $1.34B, up 4.20% from the average estimate. Based on 16 analysts’ estimates, the company’s revenue will be $1.56B in the next fiscal year. The high estimate is $1.68B and the low estimate is $1.52B. The average revenue growth estimate for next year is up 11.70% from the average revenue estimate for this year.
