Equinix, Inc. (NASDAQ:EQIX) Given Consensus Rating of "Buy" by Analysts

Key Points

• Equinix, Inc. (NASDAQ:EQIX) has received a consensus rating of "Buy" from 28 research firms, with an average 12-month target price of approximately $962.52.
• Recent insider trading includes sales by Director Christopher B. Paisley and EVP Raouf Abdel, indicating a decrease in their positions despite the overall trend of institutional investment growth in the company.
• The company announced a quarterly dividend of $4.69 per share, reflecting an annualized payout of $18.76 and a dividend yield of 2.4%, though the payout ratio is high at 183.74%.

Shares of Equinix, Inc. (NASDAQ:EQIX - Get Free Report) have received a consensus recommendation of "Buy" from the twenty-eight research firms that are presently covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating, nineteen have given a buy rating and five have given a strong buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $962.5238.

EQIX has been the topic of a number of research analyst reports. Cfra Research cut Equinix from a "moderate buy" rating to a "hold" rating in a report on Thursday, July 31st. Barclays increased their price target on Equinix from $798.00 to $804.00 and gave the stock an "equal weight" rating in a report on Wednesday, August 20th. Wall Street Zen cut Equinix from a "hold" rating to a "sell" rating in a report on Saturday, August 16th. Wolfe Research cut Equinix from an "outperform" rating to a "peer perform" rating in a report on Monday, June 9th. Finally, UBS Group cut their price target on Equinix from $1,035.00 to $950.00 and set a "buy" rating on the stock in a report on Friday, July 11th.

Insiders Place Their Bets

In related news, Director Christopher B. Paisley sold 75 shares of the stock in a transaction on Monday, August 18th. The stock was sold at an average price of $781.50, for a total value of $58,612.50. Following the transaction, the director directly owned 17,832 shares in the company, valued at $13,935,708. This trade represents a 0.42% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Raouf Abdel sold 404 shares of the stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $771.11, for a total value of $311,528.44. Following the completion of the transaction, the executive vice president owned 6,378 shares in the company, valued at approximately $4,918,139.58. This represents a 5.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.27% of the stock is owned by company insiders.

Institutional Investors Weigh In On Equinix

Institutional investors and hedge funds have recently bought and sold shares of the stock. Activest Wealth Management lifted its stake in Equinix by 121.4% during the 1st quarter. Activest Wealth Management now owns 31 shares of the financial services provider's stock valued at $25,000 after acquiring an additional 17 shares in the last quarter. Westside Investment Management Inc. lifted its stake in Equinix by 190.9% during the 2nd quarter. Westside Investment Management Inc. now owns 32 shares of the financial services provider's stock valued at $25,000 after acquiring an additional 21 shares in the last quarter. Atlantic Union Bankshares Corp bought a new position in Equinix during the 2nd quarter valued at $26,000. Bank of Jackson Hole Trust lifted its stake in Equinix by 70.0% during the 2nd quarter. Bank of Jackson Hole Trust now owns 34 shares of the financial services provider's stock valued at $27,000 after acquiring an additional 14 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd bought a new position in Equinix during the 2nd quarter valued at $28,000. 94.94% of the stock is owned by hedge funds and other institutional investors.

Equinix Stock Performance

Shares of EQIX stock opened at $782.88 on Friday. The business's 50 day simple moving average is $783.66 and its 200 day simple moving average is $817.11. Equinix has a one year low of $701.41 and a one year high of $994.03. The stock has a market capitalization of $76.61 billion, a PE ratio of 76.68, a PEG ratio of 1.41 and a beta of 0.92. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.54 and a quick ratio of 1.54.

Equinix (NASDAQ:EQIX - Get Free Report) last announced its earnings results on Wednesday, July 30th. The financial services provider reported $9.91 EPS for the quarter, beating the consensus estimate of $3.49 by $6.42. The business had revenue of $2.26 billion for the quarter, compared to analysts' expectations of $2.26 billion. Equinix had a return on equity of 7.22% and a net margin of 11.11%.The firm's revenue was up 4.5% on a year-over-year basis. During the same period in the prior year, the business posted $9.22 earnings per share. Equinix has set its Q3 2025 guidance at EPS. FY 2025 guidance at 37.670-38.480 EPS. As a group, research analysts forecast that Equinix will post 33.1 earnings per share for the current year.

Equinix Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 17th. Investors of record on Wednesday, August 20th were issued a $4.69 dividend. This represents a $18.76 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Wednesday, August 20th. Equinix's dividend payout ratio (DPR) is currently 183.74%.

About Equinix

Equinix Nasdaq: EQIX is the world's digital infrastructure company . Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.

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