NASDAQ:EQIX - Equinix Stock Price, Price Target & More

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$443.43 -2.24 (-0.50 %)
(As of 07/15/2018 04:00 PM ET)
Previous Close$443.43
Today's Range$442.86 - $447.45
52-Week Range$370.79 - $495.35
Volume281,759 shs
Average Volume664,024 shs
Market Capitalization$35.23 billion
P/E Ratio23.93
Dividend Yield2.06%
Beta0.46
Equinix logoEquinix, 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.

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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 Ratio1.53
Current Ratio2.36
Quick Ratio2.36

Price-To-Earnings

Trailing P/E Ratio23.93
Forward P/E Ratio23.46
P/E Growth1.46

Sales & Book Value

Annual Sales$4.37 billion
Price / Sales8.07
Cash Flow$16.6141 per share
Price / Cash26.69
Book Value$87.56 per share
Price / Book5.06

Profitability

EPS (Most Recent Fiscal Year)$18.53
Net Income$232.98 million
Net Margins5.48%
Return on Equity7.00%
Return on Assets2.55%

Miscellaneous

Employees7,273
Outstanding Shares79,460,000
Market Cap$35,234.06

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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 declared a quarterly dividend on Thursday, May 3rd. Investors of record on Wednesday, May 23rd will be given a dividend of $2.28 per share on Wednesday, June 20th. This represents a $9.12 annualized dividend and a dividend yield of 2.06%. The ex-dividend date is Tuesday, May 22nd. View Equinix's Dividend History.

How were Equinix's earnings last quarter?

Equinix Inc (NASDAQ:EQIX) issued its earnings results on Wednesday, May, 2nd. The financial services provider reported $0.79 earnings per share for the quarter, missing the consensus estimate of $3.70 by $2.91. The financial services provider had revenue of $1.22 billion for the quarter, compared to analysts' expectations of $1.21 billion. Equinix had a net margin of 5.48% and a return on equity of 7.00%. Equinix's revenue for the quarter was up 28.1% on a year-over-year basis. During the same period in the prior year, the firm posted $4.14 EPS. View Equinix's Earnings History.

When is Equinix's next earnings date?

Equinix is scheduled to release their next quarterly earnings announcement on Wednesday, August, 8th 2018. View Earnings Estimates for Equinix.

What price target have analysts set for EQIX?

19 brokers have issued 1 year price objectives for Equinix's stock. Their forecasts range from $435.00 to $550.00. On average, they anticipate Equinix's share price to reach $510.3158 in the next twelve months. This suggests a possible upside of 15.1% from the stock's current price. View Analyst Ratings for Equinix.

What is the consensus analysts' recommendation for Equinix?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equinix in the last year. There are currently 2 hold ratings and 17 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

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 outperformed its industry over the past three months. Moreover, the trend in estimate revisions of current-year funds from operations (FFO) per share indicates an impressive outlook for the company. Recently, the company announced a joint venture with Onamtel to develop a new network-dense data center at Barka. The facility will offer cost and latency advantages to the company’s Middle East customers. In fact, 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. Further, the company’s recurring revenue model and current expansion plans are encouraging. Nonetheless, we are concerned about the company’s growing debt burden, which will adversely affect the operating results as interest expense would go up." (7/9/2018)
  • 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?

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?

Press coverage about EQIX stock has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Equinix earned a media sentiment score of 0.07 on Accern's scale. They also assigned media stories about the financial services provider an impact score of 47.53 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next few days.

Who are Equinix's major shareholders?

Equinix's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Manning & Napier Group LLC (0.37%), State of Alaska Department of Revenue (0.05%), Xact Kapitalforvaltning AB (0.02%), NN Investment Partners Holdings N.V. (0.02%), Gateway Investment Advisers LLC (0.00%) and IFM Investors Pty Ltd (0.00%). 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 State of Alaska Department of Revenue, NN Investment Partners Holdings N.V. and Gateway Investment Advisers LLC. 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 bought by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, Daiwa SB Investments Ltd., IFM Investors Pty Ltd, Atria Investments LLC and Xact Kapitalforvaltning AB. 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 $443.43.

How big of a company is Equinix?

Equinix has a market capitalization of $35.23 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)

Community Ranking:  3.3 out of 5 (star star star)
Outperform Votes:  723 (Vote Outperform)
Underperform Votes:  382 (Vote Underperform)
Total Votes:  1,105
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.
This page was last updated on 7/15/2018 by MarketBeat.com Staff

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