NASDAQ:EQIXEquinix Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Equinix Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $624.69 -1.46 (-0.23 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's Range$604.41Now: $624.69▼$636.2150-Day Range$489.14MA: $602.58▼$655.9952-Week Range$440.72Now: $624.69▼$657.00Volume555,455 shsAverage Volume902,077 shsMarket Capitalization$50.51 billionP/E Ratio104.12Dividend Yield1.70%Beta0.42 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Equinix, Inc. (Nasdaq: EQIX) connects the world's leading businesses to their customers, employees and partners inside the most-interconnected data centers. In 52 markets across five continents, Equinix is where companies come together to realize new opportunities and accelerate their business, IT and cloud strategies.Read More Beat the Market (BTM) Rank™ 2.4 Analyst's Opinion Consensus RatingEquinix has received a consensus rating of Buy. The company's average rating score is 2.89, and is based on 16 buy ratings, 1 hold rating, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $623.26, Equinix has a potential downside of 0.2% from its current price of $624.69.Amount of Analyst CoverageEquinix has been the subject of 10 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.1 Community Rank Outperform VotesEquinix has received 961 “outperform” votes. (Add your “outperform” vote.)Underperform VotesEquinix has received 573 “underperform” votes. (Add your “underperform” vote.)Community SentimentEquinix has received 62.65% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Equinix and other stocks. Vote “Outperform” if you believe EQIX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe EQIX will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipEquinix is a leading dividend payer. It pays a dividend yield of 1.70%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthEquinix has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Equinix is 46.65 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Equinix will have a dividend payout ratio of 43.30 % next year. This indicates that Equinix will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Equinix insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $20,149,678.00 in company stock.Percentage Held by InsidersOnly 0.49% of the stock of Equinix is held by insiders.Percentage Held by Institutions99.01% of the stock of Equinix is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Equinix are expected to grow by 9.30% in the coming year, from $22.48 to $24.57 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Equinix is 104.12, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 10.79.Price to Earnings Ratio vs. SectorThe P/E ratio of Equinix is 104.12, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 11.31.Price to Earnings Growth RatioEquinix has a PEG Ratio of 1.58. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioEquinix has a P/B Ratio of 5.71. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.4Community Rank: 3.1Dividend Strength: 3.3Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.10 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Real estate investment trusts Sub-IndustryInternet Software & Services SectorFinance Current SymbolNASDAQ:EQIX Previous Symbol CUSIP29444U50 CIK1101239 Webhttp://www.equinix.com/ Phone650-598-6000Debt Debt-to-Equity Ratio1.40 Current Ratio1.33 Quick Ratio1.33Price-To-Earnings Trailing P/E Ratio104.12 Forward P/E Ratio27.79 P/E Growth1.58 Sales & Book Value Annual Sales$5.56 billion Price / Sales9.08 Cash Flow$22.27 per share Price / Cash Flow28.05 Book Value$109.32 per share Price / Book5.71Profitability EPS (Most Recent Fiscal Year)$22.81 Net Income$507.45 million Net Margins9.12% Return on Equity5.84% Return on Assets2.20%Miscellaneous Employees8,378 Outstanding Shares80,860,000Market Cap$50.51 billion Next Earnings Date5/6/2020 (Estimated) OptionableOptionable Receive EQIX News and Ratings via Email Sign-up to receive the latest news and ratings for EQIX and its competitors with MarketBeat's FREE daily newsletter. NASDAQ:EQIX Rates by TradingView Equinix (NASDAQ:EQIX) Frequently Asked Questions How has Equinix's stock been impacted by COVID-19 (Coronavirus)? Equinix's stock was trading at $598.80 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, EQIX shares have increased by 4.3% and is now trading at $624.69. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Equinix? 19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equinix in the last year. There are currently 1 sell rating, 1 hold rating, 16 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Equinix. When is Equinix's next earnings date? Equinix is scheduled to release its next quarterly earnings announcement on Wednesday, May 6th 2020. View our earnings forecast for Equinix. How were Equinix's earnings last quarter? Equinix Inc (NASDAQ:EQIX) announced its quarterly earnings results on Wednesday, February, 12th. The financial services provider reported $1.46 earnings per share for the quarter, missing the consensus estimate of $1.56 by $0.10. The financial services provider earned $1.42 billion during the quarter, compared to analyst estimates of $1.41 billion. Equinix had a return on equity of 5.84% and a net margin of 9.12%. The company's revenue was up 8.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.36 earnings per share. View Equinix's earnings history. How often does Equinix pay dividends? What is the dividend yield for Equinix? Equinix announced a quarterly dividend on Wednesday, February 12th. Stockholders of record on Wednesday, February 26th will be paid a dividend of $2.66 per share on Wednesday, March 18th. This represents a $10.64 dividend on an annualized basis and a yield of 1.70%. The ex-dividend date is Tuesday, February 25th. This is an increase from Equinix's previous quarterly dividend of $2.46. View Equinix's dividend history. What guidance has Equinix issued on next quarter's earnings? Equinix updated its FY 2020 After-Hours earnings guidance on Wednesday, February, 12th. The company provided EPS guidance of 24.42-25.00 for the period. The company issued revenue guidance of $6-6.05 billion, compared to the consensus revenue estimate of $6.04 billion. What price target have analysts set for EQIX? 19 equities research analysts have issued 1-year target prices for Equinix's shares. Their forecasts range from $500.00 to $710.00. On average, they expect Equinix's stock price to reach $623.26 in the next twelve months. This suggests that the stock has a possible downside of 0.2%. View analysts' price targets for Equinix. Has Equinix been receiving favorable news coverage? News coverage about EQIX stock has been trending very negative this week, InfoTrie reports. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Equinix earned a news impact score of -3.3 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutEquinix. Who are some of Equinix's key competitors? Some companies that are related to Equinix include Facebook (FB), eBay (EBAY), Verisign (VRSN), CoStar Group (CSGP), Twitter (TWTR), Akamai Technologies (AKAM), SEA (SE), LogMeIn (LOGM), J2 Global (JCOM), Envestnet (ENV), ANGI Homeservices (ANGI), Stamps.com (STMP), Cornerstone OnDemand (CSOD), SPS Commerce (SPSC) and NIC (EGOV). What other stocks do shareholders of Equinix own? Based on aggregate information from My MarketBeat watchlists, some companies that other Equinix investors own include NVIDIA (NVDA), Alibaba Group (BABA), Broadcom (AVGO), Cisco Systems (CSCO), salesforce.com (CRM), Walt Disney (DIS), Netflix (NFLX), Verizon Communications (VZ), Intel (INTC) and Johnson & Johnson (JNJ). Who are Equinix's key executives? Equinix's management team includes the following people: Mr. Charles J. Meyers, Pres, CEO & Director (Age 53)Mr. Keith D. Taylor, Chief Financial Officer (Age 57)Mr. Eric Schwartz, Pres of EMEA (Age 52)Mr. Karl Strohmeyer, Pres of Americas (Age 47)Mr. Peter F. Van Camp, Exec. Chairman (Age 63) What is Equinix's stock symbol? Equinix trades on the NASDAQ under the ticker symbol "EQIX." Who are Equinix's major shareholders? Equinix's stock is owned by a number of institutional and retail investors. Top institutional investors include Pensionfund Sabic (0.00%) and Fulton Bank N.A. (0.00%). Company insiders that own Equinix stock include Brandi Galvin Morandi, Camp Peter Van, Charles J Meyers, Christopher B Paisley, Karl Strohmeyer, Keith D Taylor, Michael Earl Campbell, Sara Baack, Simon Miller and Yau Tat Lee. View institutional ownership trends for Equinix. Which major investors are selling Equinix stock? EQIX stock was sold by a variety of institutional investors in the last quarter, including Fulton Bank N.A.. Company insiders that have sold Equinix company stock in the last year include Brandi Galvin Morandi, Camp Peter Van, Charles J Meyers, Christopher B Paisley, Karl Strohmeyer, Keith D Taylor, Michael Earl Campbell, Sara Baack, and Simon Miller. View insider buying and selling activity for Equinix. Which major investors are buying Equinix stock? EQIX stock was bought by a variety of institutional investors in the last quarter, including Pensionfund Sabic. View insider buying and selling activity for Equinix. How do I buy shares of Equinix? Shares of EQIX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Equinix's stock price today? One share of EQIX stock can currently be purchased for approximately $624.69. How big of a company is Equinix? Equinix has a market capitalization of $50.51 billion and generates $5.56 billion in revenue each year. The financial services provider earns $507.45 million in net income (profit) each year or $22.81 on an earnings per share basis. Equinix employs 8,378 workers across the globe. View additional information about Equinix. What is Equinix's official website? The official website for Equinix is http://www.equinix.com/. How can I contact Equinix? Equinix's mailing address is ONE LAGOON DRIVE, REDWOOD CITY CA, 94065. The financial services provider can be reached via phone at 650-598-6000 or via email at [email protected] This page was last updated on 4/4/2020 by MarketBeat.com StaffFeatured Article: How do taxes affect a CDs total return?
