Equinix (NASDAQ:EQIX) Issues FY 2025 Earnings Guidance

Key Points

• Equinix updated its FY 2025 earnings guidance, projecting earnings per share between $37.670 and $38.480, slightly below the consensus estimate of $37.864, with revenue guidance set at $9.2 billion-$9.3 billion.
• The company announced a quarterly dividend of $4.69, equating to an annualized basis of $18.76 and a yield of 2.35%, marking a high dividend payout ratio of 195.01%.
• Equinix's stock fell to $797.04 following the earnings guidance update, and it currently has a consensus rating of "Buy" with an average target price of $957.05.

Equinix (NASDAQ:EQIX - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 37.670-38.480 for the period, compared to the consensus earnings per share estimate of 37.864. The company issued revenue guidance of $9.2 billion-$9.3 billion, compared to the consensus revenue estimate of $9.2 billion. Equinix also updated its Q3 2025 guidance to EPS.

Equinix Stock Down 1.8%

NASDAQ EQIX traded down $14.09 on Friday, reaching $771.09. The company had a trading volume of 322,126 shares, compared to its average volume of 643,738. The firm has a 50-day moving average of $833.04 and a 200-day moving average of $854.59. The firm has a market capitalization of $75.43 billion, a PE ratio of 75.61, a P/E/G ratio of 1.47 and a beta of 0.93. Equinix has a 1 year low of $701.41 and a 1 year high of $994.03. The company has a debt-to-equity ratio of 1.20, a current ratio of 1.65 and a quick ratio of 1.65.

Equinix (NASDAQ:EQIX - Get Free Report) last posted its quarterly earnings data on Wednesday, July 30th. The financial services provider reported $9.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.49 by $6.42. Equinix had a return on equity of 7.27% and a net margin of 11.11%. The company had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $2.26 billion. During the same period in the previous year, the business earned $9.22 EPS. Equinix's revenue for the quarter was up 4.5% compared to the same quarter last year. On average, equities research analysts anticipate that Equinix will post 33.1 EPS for the current fiscal year.

Equinix Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 17th. Stockholders of record on Wednesday, August 20th will be given a dividend of $4.69 per share. The ex-dividend date of this dividend is Wednesday, August 20th. This represents a $18.76 dividend on an annualized basis and a dividend yield of 2.4%. Equinix's payout ratio is 195.01%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on EQIX. TD Securities increased their target price on Equinix from $978.00 to $1,018.00 and gave the company a "buy" rating in a report on Thursday, May 1st. Cfra Research downgraded Equinix from a "strong-buy" rating to a "moderate buy" rating in a report on Thursday, June 26th. New Street Research upgraded shares of Equinix to a "strong-buy" rating in a research note on Monday, April 28th. Guggenheim initiated coverage on Equinix in a report on Thursday, July 10th. They issued a "buy" rating and a $933.00 price target for the company. Finally, Scotiabank cut their price target on shares of Equinix from $1,030.00 to $965.00 and set a "sector outperform" rating for the company in a research note on Thursday, June 26th. Four analysts have rated the stock with a hold rating, twenty have issued a buy rating and five have assigned a strong buy rating to the company. Based on data from MarketBeat, the company has an average rating of "Buy" and a consensus price target of $957.27.

Insider Activity

In related news, CEO Adaire Fox-Martin sold 2,949 shares of the firm's stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $884.91, for a total value of $2,609,599.59. Following the completion of the transaction, the chief executive officer directly owned 9,615 shares of the company's stock, valued at approximately $8,508,409.65. This trade represents a 23.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Christopher B. Paisley sold 100 shares of the company's stock in a transaction that occurred on Friday, May 16th. The shares were sold at an average price of $869.41, for a total value of $86,941.00. Following the sale, the director owned 17,569 shares in the company, valued at approximately $15,274,664.29. This trade represents a 0.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 3,176 shares of company stock worth $2,808,008 over the last ninety days. Corporate insiders own 0.27% of the company's stock.

Institutional Investors Weigh In On Equinix

Several hedge funds and other institutional investors have recently modified their holdings of EQIX. Brighton Jones LLC raised its stake in shares of Equinix by 28.9% during the fourth quarter. Brighton Jones LLC now owns 326 shares of the financial services provider's stock valued at $307,000 after acquiring an additional 73 shares in the last quarter. Integrated Wealth Concepts LLC lifted its position in shares of Equinix by 11.5% in the 1st quarter. Integrated Wealth Concepts LLC now owns 522 shares of the financial services provider's stock worth $425,000 after purchasing an additional 54 shares during the period. Finally, Empowered Funds LLC increased its holdings in Equinix by 21.8% during the first quarter. Empowered Funds LLC now owns 3,050 shares of the financial services provider's stock valued at $2,487,000 after buying an additional 546 shares during the period. 94.94% of the stock is currently owned by hedge funds and other institutional investors.

Equinix Company Profile

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.