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NASDAQ:EQIXEquinix Stock Price, Forecast & News

$670.02
+25.62 (+3.98 %)
(As of 05/25/2020 04:00 PM ET)
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Today's Range
$641.93
Now: $670.02
$671.41
50-Day Range
$595.46
MA: $668.64
$702.00
52-Week Range
$471.80
Now: $670.02
$715.75
Volume503,026 shs
Average Volume586,651 shs
Market Capitalization$57.57 billion
P/E Ratio112.80
Dividend Yield1.59%
Beta0.43
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.
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Beat the Market (BTM) Rank

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

2.09 out of 5 stars


Industry, Sector and Symbol

Industry Real estate investment trusts
Sub-IndustryInternet Software & Services
SectorFinance
Current SymbolNASDAQ:EQIX
CUSIP29444U50
Phone650-598-6000

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$5.56 billion
Cash Flow$22.33 per share
Book Value$109.32 per share

Profitability

Net Income$507.45 million

Miscellaneous

Employees8,378
Market Cap$57.57 billion
Next Earnings Date7/29/2020 (Estimated)
OptionableOptionable

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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. Since then, EQIX shares have increased by 11.9% and is now trading at $670.02. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Equinix?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equinix in the last year. There are currently 1 sell rating, 2 hold ratings and 15 buy ratings 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, July 29th 2020. View our earnings forecast for Equinix.

How were Equinix's earnings last quarter?

Equinix Inc (NASDAQ:EQIX) announced its quarterly earnings data on Wednesday, May, 6th. The financial services provider reported $1.38 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $5.40 by $4.02. The financial services provider earned $1.44 billion during the quarter, compared to analysts' expectations of $1.45 billion. Equinix had a net margin of 9.00% and a return on equity of 5.80%. The business's revenue was up 6.0% compared to the same quarter last year. During the same period last year, the company posted $5.95 EPS. View Equinix's earnings history.

How often does Equinix pay dividends? What is the dividend yield for Equinix?

Equinix declared a quarterly dividend on Wednesday, May 6th. Investors of record on Wednesday, May 20th will be given a dividend of $2.66 per share on Wednesday, June 17th. This represents a $10.64 annualized dividend and a dividend yield of 1.59%. The ex-dividend date is Tuesday, May 19th. View Equinix's dividend history.

What guidance has Equinix issued on next quarter's earnings?

Equinix issued an update on its second quarter 2020 After-Hours earnings guidance on Wednesday, May, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.446-1.466 billion, compared to the consensus revenue estimate of $1.49 billion.

What price target have analysts set for EQIX?

18 analysts have issued 1-year price objectives for Equinix's shares. Their forecasts range from $540.00 to $754.00. On average, they anticipate Equinix's stock price to reach $684.89 in the next year. This suggests a possible upside of 2.2% from the stock's current price. View analysts' price targets for Equinix.

Has Equinix been receiving favorable news coverage?

News coverage about EQIX stock has been trending very positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Equinix earned a media sentiment score of 4.0 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near future. View the latest news aboutEquinix.

Who are some of Equinix's key competitors?

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), salesforce.com (CRM), Mastercard (MA), Walt Disney (DIS), American Tower (AMT), Intel (INTC), Johnson & Johnson (JNJ), Visa (V) and Netflix (NFLX).

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 many different retail and institutional investors. Top institutional investors include BlackRock Inc. (7.36%), State Street Corp (4.23%), Cohen & Steers Inc. (3.68%), Edgewood Management LLC (3.25%), Capital World Investors (2.97%) and Capital International Investors (2.80%). 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, William K Luby and Yau Tat Lee. View institutional ownership trends for Equinix.

Which institutional investors are selling Equinix stock?

EQIX stock was sold by a variety of institutional investors in the last quarter, including Edgewood Management LLC, Cohen & Steers Inc., Capital World Investors, Sustainable Growth Advisers LP, Wellington Management Group LLP, BlackRock Inc., Waddell & Reed Financial Inc., and Capital International Investors. 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 institutional investors are buying Equinix stock?

EQIX stock was bought by a variety of institutional investors in the last quarter, including Sumitomo Mitsui Trust Holdings Inc., Girard Partners LTD., Nuveen Asset Management LLC, Capital Research Global Investors, Zimmer Partners LP, Massachusetts Financial Services Co. MA, State Street Corp, and Principal Financial Group Inc.. 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 $670.02.

How big of a company is Equinix?

Equinix has a market capitalization of $57.57 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.

What is Equinix's official website?

The official website for Equinix is 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 5/25/2020 by MarketBeat.com Staff

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