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

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

GDS Stock Performance

GDS stock opened at $28.62 on Friday. The stock has a market cap of $5.45 billion, a PE ratio of -9.38 and a beta of 0.06. 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 12-month low of $5.85 and a 12-month high of $52.50. The business’s 50-day moving average price is $31.32 and its two-hundred day moving average price is $24.44.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Jefferies Financial Group upgraded GDS from a “hold” rating to a “buy” rating and set a $45.00 price target for the company in a research note on Tuesday. JMP Securities began coverage on GDS in a research report on Monday, January 27th. They set an “outperform” rating and a $35.00 target price for the company. Citizens Jmp upgraded GDS to a “strong-buy” rating in a research report on Monday, January 27th. Daiwa Capital Markets raised shares of GDS from a “neutral” rating to a “buy” rating in a research report on Tuesday, February 11th. Finally, Raymond James upgraded shares of GDS from an “outperform” rating to a “strong-buy” rating and set a $53.00 price objective on the stock in a research note on Thursday. One equities research 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 stock. According to MarketBeat, the stock currently 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.