Research Analysts Set Expectations for Chindata Group Holdings Limited’s FY2027 Earnings (NASDAQ:CD)

Chindata Group Holdings Limited (NASDAQ:CD – Get Rating) – Investment analysts at Jefferies Financial Group issued their FY2027 EPS estimates for Chindata Group in a report issued on Wednesday, March 15th. Jefferies Financial Group analyst E. Lee expects that the company will earn $0.72 per share for the year. The consensus estimate for Chindata Group’s current full-year earnings is $0.46 per share.

Separately, Citigroup reduced their price target on shares of Chindata Group from $9.30 to $8.90 in a research note on Wednesday, November 23rd.

Chindata Group Trading Down 3.5 %

CD opened at $6.26 on Friday. The company’s 50 day moving average is $7.86 and its 200-day moving average is $7.54. Chindata Group has a 1-year low of $4.18 and a 1-year high of $9.21. The company has a current ratio of 2.18, a quick ratio of 2.18 and a debt-to-equity ratio of 0.70. The company has a market cap of $2.29 billion, a P/E ratio of 22.36 and a beta of 0.54.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. E Fund Management Hong Kong Co. Ltd. increased its stake in shares of Chindata Group by 135.4% in the 1st quarter. E Fund Management Hong Kong Co. Ltd. now owns 65,766 shares of the company’s stock valued at $376,000 after acquiring an additional 37,828 shares in the last quarter. Oppenheimer & Co. Inc. bought a new stake in shares of Chindata Group in the 1st quarter valued at $114,000. PNC Financial Services Group Inc. increased its stake in shares of Chindata Group by 116.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 6,709 shares of the company’s stock valued at $42,000 after acquiring an additional 3,616 shares in the last quarter. Panagora Asset Management Inc. increased its stake in shares of Chindata Group by 24.4% in the 1st quarter. Panagora Asset Management Inc. now owns 26,594 shares of the company’s stock valued at $168,000 after acquiring an additional 5,213 shares in the last quarter. Finally, BlackRock Inc. increased its stake in shares of Chindata Group by 3.5% in the 1st quarter. BlackRock Inc. now owns 4,011,782 shares of the company’s stock valued at $25,351,000 after acquiring an additional 136,046 shares in the last quarter. Institutional investors own 25.98% of the company’s stock.

About Chindata Group

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Chindata Group Holdings Limited provides carrier-neutral hyper scale data center solutions in China, India, Malaysia, and Southeast Asia. It offers artificial intelligence, cloud computing, smart cities and homes, online entertainment, and other on-demand services. The company also provides internet data center colocation and rental services; and technical and consulting services.