With 1.48 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.53 million shares. The 52-week range on GDS shows that it touched its highest point at $52.50 and its lowest point at $7.35 during that stretch. It currently has a 1-year price target of $42.09. Beta for the stock currently stands at 0.31.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GDS was up-trending over the past week, with a rise of 6.99%, but this was up by 37.39% over a month. Three-month performance dropped to -30.43% while six-month performance rose 20.54%. The stock gained 223.40% in the past year, while it has gained 14.60% so far this year. A look at the trailing 12-month EPS for GDS yields -0.83 with Next year EPS estimates of -0.02. For the next quarter, that number is -0.11. This implies an EPS growth rate of -214.22% for this year and 94.94% for next year. EPS is expected to decline by -13.42% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -9.65%.
Float and Shares Shorts:
At present, 188.95 million GDS shares are outstanding with a float of 185.93 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GDS since 7 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$5.4453 being high and -$7.56684 being low. For GDS, this leads to a yearly average estimate of -$6.36463. Based on analyst estimates, the high estimate for the next quarter is -$0.22 and the low estimate is -$0.22. The average estimate for the next quarter is thus -$0.22.
