GDS (GDS) Projected to Post Earnings on Wednesday

GDS (NASDAQ:GDSGet Free Report) is expected to release its earnings data before the market opens on Wednesday, March 19th. Analysts expect GDS to post earnings of ($0.22) per share and revenue of $3.11 billion for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

GDS Trading Up 5.2 %

NASDAQ:GDS opened at $35.27 on Monday. The stock’s 50 day moving average price is $30.91 and its 200 day moving average price is $24.11. The company has a market capitalization of $6.72 billion, a PE ratio of -11.56 and a beta of 0.07. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 2.25. GDS has a 52-week low of $5.85 and a 52-week high of $52.50.

Analyst Ratings Changes

A number of research firms have weighed in on GDS. StockNews.com cut GDS from a “hold” rating to a “sell” rating in a research report on Friday, February 28th. Citizens Jmp raised GDS to a “strong-buy” rating in a research report on Monday, January 27th. JMP Securities began coverage on GDS in a research report on Monday, January 27th. They set an “outperform” rating and a $35.00 price objective for the company. Raymond James increased their price objective on GDS from $25.00 to $53.00 and gave the stock an “outperform” rating in a research report on Friday, February 21st. Finally, Jefferies Financial Group cut GDS from a “buy” rating to a “hold” rating and increased their price objective for the stock from $27.06 to $45.00 in a research report on Monday, February 24th. One research analyst has rated the stock with a sell rating, three have given a hold rating, four have assigned a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, GDS currently has a consensus rating of “Moderate Buy” and a consensus target price of $33.23.

Check Out Our Latest Research Report on GDS

About GDS

(Get Free Report)

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.

See Also

Earnings History for GDS (NASDAQ:GDS)

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