GDS (NASDAQ:GDS) Posts Earnings Results, Beats Estimates By $0.17 EPS

GDS (NASDAQ:GDS) released its quarterly earnings results on Wednesday. The company reported ($0.10) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.27) by $0.17, Zacks reports. GDS had a negative return on equity of 8.22% and a negative net margin of 35.97%. The firm had revenue of $425.13 million for the quarter, compared to analyst estimates of $3.11 billion. During the same quarter last year, the company posted ($2.16) earnings per share. The business’s revenue was up 9.1% on a year-over-year basis. GDS updated its FY 2025 guidance to EPS.

GDS Price Performance

Shares of GDS stock traded down $1.99 during midday trading on Thursday, reaching $28.62. 4,968,870 shares of the company traded hands, compared to its average volume of 1,932,526. The firm’s 50 day simple moving average is $31.33 and its two-hundred day simple moving average is $24.41. GDS has a 1-year low of $5.85 and a 1-year high of $52.50. The company has a debt-to-equity ratio of 2.25, a current ratio of 1.19 and a quick ratio of 1.19. The firm has a market cap of $5.45 billion, a PE ratio of -9.38 and a beta of 0.06.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. Citizens Jmp raised GDS to a “strong-buy” rating in a report on Monday, January 27th. StockNews.com lowered GDS from a “hold” rating to a “sell” rating in a report on Friday, February 28th. Raymond James raised GDS from an “outperform” rating to a “strong-buy” rating and set a $53.00 price objective on the stock in a report on Thursday. Royal Bank of Canada lowered GDS from an “outperform” rating to a “sector perform” rating and lifted their price objective for the company from $26.00 to $37.00 in a report on Tuesday, February 25th. Finally, Jefferies Financial Group raised GDS from a “hold” rating to a “buy” rating and set a $45.00 price objective on the stock in a report on Tuesday. One investment analyst has rated the stock with a sell rating, two have given a hold rating, four have given a buy rating and three have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $33.23.

GDS Company Profile

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.