Equinix, Inc. (Nasdaq: EQIX) connects the world's leading businesses to their customers, employees and partners inside the most-interconnected data centers. In 48 markets across five continents, Equinix is where companies come together to realize new opportunities and accelerate their business, IT and cloud strategies.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Real estate investment trusts
Sub-IndustryInternet Software & Services
SectorFinance
SymbolNASDAQ:EQIX
CUSIP29444U50
Phone650-598-6000
Debt
Debt-to-Equity Ratio1.60
Current Ratio1.29
Quick Ratio1.29
Price-To-Earnings
Trailing P/E Ratio23.61
Forward P/E Ratio23.25
P/E Growth1.47
Sales & Book Value
Annual Sales$4.37 billion
Price / Sales7.98
Cash Flow$16.6539 per share
Price / Cash26.32
Book Value$87.56 per share
Price / Book5.01
Profitability
EPS (Most Recent Fiscal Year)$18.53
Net Income$232.98 million
Net Margins5.71%
Return on Equity7.22%
Return on Assets2.57%
Miscellaneous
Employees7,273
Outstanding Shares79,510,000
Market Cap$34.76 billion
Equinix (NASDAQ:EQIX) Frequently Asked Questions
What is Equinix's stock symbol?
Equinix trades on the NASDAQ under the ticker symbol "EQIX."
How often does Equinix pay dividends? What is the dividend yield for Equinix?
Equinix announced a quarterly dividend on Thursday, August 9th. Stockholders of record on Wednesday, August 22nd will be paid a dividend of $2.28 per share on Wednesday, September 19th. This represents a $9.12 annualized dividend and a dividend yield of 2.08%. The ex-dividend date is Tuesday, August 21st. View Equinix's Dividend History.
How were Equinix's earnings last quarter?
Equinix Inc (NASDAQ:EQIX) released its quarterly earnings data on Wednesday, August, 8th. The financial services provider reported $0.85 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.93 by $0.08. The financial services provider had revenue of $1.26 billion for the quarter, compared to analyst estimates of $1.26 billion. Equinix had a return on equity of 7.22% and a net margin of 5.71%. The company's revenue for the quarter was up 18.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.80 EPS. View Equinix's Earnings History.
When is Equinix's next earnings date?
What price target have analysts set for EQIX?
20 Wall Street analysts have issued 12-month target prices for Equinix's shares. Their forecasts range from $435.00 to $550.00. On average, they anticipate Equinix's stock price to reach $508.45 in the next twelve months. This suggests a possible upside of 16.0% from the stock's current price. View Analyst Price Targets for Equinix.
What is the consensus analysts' recommendation for Equinix?
20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equinix in the last year. There are currently 2 hold ratings and 18 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Equinix.
What are Wall Street analysts saying about Equinix stock?
Here are some recent quotes from research analysts about Equinix stock:
- 1. According to Zacks Investment Research, "Shares of Equinix have underperformed its industry over the past six months. Moreover, the Zacks Consensus Estimate for current year funds from operations (FFO) remained unchanged in the past two months. The company’s growing debt burden remains a concern, which will adversely affect the operating results as interest expense would go up. Moreover, the company faces intense competition in the industry. Amid this, aggressive pricing pressure is likely to continue in the upcoming period. Also, consolidation in the telecommunications industry will likely result in low demand for colocation space, hindering the company’s growth. Nonetheless, its diligent IBX expansion strategy will likely fortify its global footprint in the data-center space and bring in additional revenues over the long run." (7/17/2018)
- 2. Credit Suisse Group AG analysts commented, "We met with EQIX executives Keith Taylor (CFO) and Lance Weaver (VP of Platform Strategy and Emerging Services) at the EQIX headquarters in Redwood City, CA." (2/25/2018)
Who are some of Equinix's key competitors?
Some companies that are related to Equinix include American Tower (AMT), Simon Property Group (SPG), CROWN CASTLE In/SH SH (CCI), Public Storage (PSA), Prologis (PLD), Weyerhaeuser (WY), DIGITAL RLTY TR/SH (DLR), AvalonBay Communities (AVB), Equity Residential (EQR), Welltower (WELL), UNIBAIL-RODAMCO/ADR (UNRDY), GGP (GGP), Ventas (VTR), Boston Properties (BXP) and SBA Communications (SBAC).
Who are Equinix's key executives?
Equinix's management team includes the folowing people:
- Mr. Keith D. Taylor, Chief Financial Officer (Age 56)
- Mr. Eric Schwartz, Pres of EMEA (Age 51)
- Mr. Charles J. Meyers, Pres of Strategy, Services & Innovation (Age 52)
- Mr. Karl Strohmeyer, Pres of Americas (Age 46)
- Mr. Peter F. Van Camp, Interim CEO, Pres & Exec. Chairman (Age 62)
Has Equinix been receiving favorable news coverage?
Media coverage about EQIX stock has been trending somewhat positive recently, according to Accern. The research firm scores the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Equinix earned a media and rumor sentiment score of 0.00 on Accern's scale. They also gave news stories about the financial services provider an impact score of 45.96 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days. View Recent Headlines for Equinix.
Who are Equinix's major shareholders?
Equinix's stock is owned by many different of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.27%), FMR LLC (3.46%), Edgewood Management LLC (2.83%), American Century Companies Inc. (1.47%), Dimensional Fund Advisors LP (1.47%) and Daiwa Securities Group Inc. (1.39%). Company insiders that own Equinix stock include Camp Peter Van, Charles J Meyers, Christopher B Paisley, Crosslink Capital Inc, Eric Schwartz, Irving F Lyons III, Karl Strohmeyer, Keith D Taylor, Michael Earl Campbell, Sara Baack, Stephen M Smith 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 FMR LLC, Voya Investment Management LLC, Canada Pension Plan Investment Board, Janus Henderson Group PLC, Putnam Investments LLC, BlackRock Inc., Fred Alger Management Inc. and Russell Investments Group Ltd.. Company insiders that have sold Equinix company stock in the last year include Camp Peter Van, Charles J Meyers, Christopher B Paisley, Irving F Lyons III, Karl Strohmeyer, Keith D Taylor, Michael Earl Campbell, Stephen M Smith and Yau Tat Lee. View Insider Buying and Selling for Equinix.
Which major investors are buying Equinix stock?
EQIX stock was purchased by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, American Century Companies Inc., USS Investment Management Ltd, Heitman Real Estate Securities LLC, Cbre Clarion Securities LLC, Standard Life Aberdeen plc, Centersquare Investment Management LLC and Millennium Management LLC. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Equinix's stock price today?
One share of EQIX stock can currently be purchased for approximately $438.33.
How big of a company is Equinix?
Equinix has a market capitalization of $34.76 billion and generates $4.37 billion in revenue each year. The financial services provider earns $232.98 million in net income (profit) each year or $18.53 on an earnings per share basis. Equinix employs 7,273 workers across the globe.
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]
MarketBeat Community Rating for Equinix (NASDAQ EQIX)
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.
