GDS Holdings Ltd – (GDS) Receives Consensus Rating of “Strong Buy” from Analysts

GDS Holdings Ltd – (NASDAQ:GDS) has received an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating. GDS’s rating score has improved by 33.3% in the last 90 days as a result of a number of analysts’ upgrades and downgrades.

Analysts have set a one year consensus price objective of $21.00 for the company and are expecting that the company will post ($0.10) earnings per share for the current quarter, according to Zacks. Zacks has also assigned GDS an industry rank of 176 out of 265 based on the ratings given to its competitors.

A number of research firms have issued reports on GDS. BidaskClub raised GDS from a “buy” rating to a “strong-buy” rating in a research report on Saturday, December 16th. Credit Suisse Group reissued a “neutral” rating and set a $23.00 price target on shares of GDS in a research report on Wednesday, December 20th. Finally, Royal Bank of Canada boosted their price target on GDS to $26.00 and gave the company an “outperform” rating in a research report on Wednesday, December 13th.

Shares of GDS (NASDAQ GDS) opened at $21.51 on Thursday. GDS has a 1 year low of $6.90 and a 1 year high of $25.30. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.90 and a current ratio of 0.90. The stock has a market capitalization of $2,530.00 and a PE ratio of -37.09.

GDS (NASDAQ:GDS) last posted its quarterly earnings results on Thursday, November 9th. The company reported ($0.14) earnings per share (EPS) for the quarter. GDS had a negative net margin of 19.71% and a negative return on equity of 9.54%. equities research analysts forecast that GDS will post -0.35 EPS for the current year.

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About GDS

GDS Holdings Ltd is a developer and operator of data centers in China. The Company is engaged in design, build-out and operation of data centers. It operates as a carrier and cloud neutral, which enables its customers to connect to all the People’s Republic of China telecommunications carriers, and to access a number of the People’s Republic of China cloud service providers, whom it hosts in its facilities.

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