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 Ratio1.53
Current Ratio2.36
Quick Ratio2.36
Price-To-Earnings
Trailing P/E Ratio23.44
Forward P/E Ratio23.02
P/E Growth1.43
Sales & Book Value
Annual Sales$4.37 billion
Price / Sales7.90
Cash Flow$16.6050 per share
Price / Cash26.15
Book Value$87.56 per share
Price / Book4.96
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$34,528.35
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. Shareholders 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 yield of 2.10%. The ex-dividend date of this dividend is Tuesday, May 22nd. View Equinix's Dividend History.
How were Equinix's earnings last quarter?
Equinix Inc (NASDAQ:EQIX) posted its earnings results on Wednesday, May, 2nd. The financial services provider reported $0.79 EPS 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 the consensus estimate of $1.21 billion. Equinix had a return on equity of 7.00% and a net margin of 5.48%. The business's revenue was up 28.1% on a year-over-year basis. During the same period in the prior year, the business earned $4.14 EPS. View Equinix's Earnings History.
When is Equinix's next earnings date?
What price target have analysts set for EQIX?
20 brokers have issued 12 month target prices for Equinix's stock. Their predictions range from $435.00 to $550.00. On average, they anticipate Equinix's stock price to reach $511.25 in the next twelve months. This suggests a possible upside of 17.7% from the stock's current price. View Analyst Ratings 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."
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 SH (DLR), AvalonBay Communities (AVB), Equity Residential (EQR), Welltower (WELL), UNIBAIL-RODAMCO/ADR (UNRDY), Ventas (VTR), GGP (GGP), 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?
Press coverage about EQIX stock has trended somewhat positive this week, according to Accern. Accern rates the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Equinix earned a coverage optimism score of 0.12 on Accern's scale. They also gave media coverage about the financial services provider an impact score of 47.08 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are Equinix's major shareholders?
Equinix's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Bank of Montreal Can (0.65%), Fred Alger Management Inc. (0.59%), Manning & Napier Group LLC (0.37%), Westpac Banking Corp (0.07%), Barton Investment Management (0.05%) and State of Alaska Department of Revenue (0.05%). 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 Fred Alger Management Inc., Bank of Montreal Can, State of Alaska Department of Revenue, Hartford Investment Management Co., NN Investment Partners Holdings N.V., Retirement Systems of Alabama, Gateway Investment Advisers LLC and Oakbrook Investments 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 acquired by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC, Westpac Banking Corp, Nisa Investment Advisors LLC, Segment Wealth Management LLC, Heritage Investors Management Corp, Real Estate Management Services LLC, Daiwa SB Investments Ltd. and Chicago Capital 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 $434.22.
How big of a company is Equinix?
Equinix has a market capitalization of $34.53 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.
