NASDAQ:EQIX - Equinix Stock Price, News & Analysis

$551.81
+5.47 (+1.00 %)
(As of 08/18/2019 01:28 PM ET)
Today's Range
$545.01
Now: $551.81
$553.85
50-Day Range
$486.51
MA: $518.32
$553.43
52-Week Range
$335.29
Now: $551.81
$557.54
Volume575,000 shs
Average Volume454,778 shs
Market Capitalization$44.62 billion
P/E Ratio26.67
Dividend Yield1.80%
Beta0.73
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.

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$5.07 billion
Cash Flow$20.1832 per share
Book Value$108.19 per share

Profitability

Net Income$365.36 million

Miscellaneous

Employees7,903
Market Cap$44.62 billion
Next Earnings Date11/7/2019 (Estimated)
OptionableOptionable

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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 announced a quarterly dividend on Wednesday, July 31st. Stockholders of record on Wednesday, August 21st will be paid a dividend of $2.46 per share on Wednesday, September 18th. This represents a $9.84 annualized dividend and a dividend yield of 1.78%. The ex-dividend date of this dividend is Tuesday, August 20th. View Equinix's Dividend History.

How were Equinix's earnings last quarter?

Equinix Inc (NASDAQ:EQIX) posted its quarterly earnings data on Wednesday, July, 31st. The financial services provider reported $1.69 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $5.14 by $3.45. The financial services provider earned $1.38 billion during the quarter, compared to analyst estimates of $1.39 billion. Equinix had a return on equity of 6.29% and a net margin of 9.29%. The business's revenue for the quarter was up 9.8% on a year-over-year basis. During the same period in the prior year, the company earned $3.63 EPS. View Equinix's Earnings History.

When is Equinix's next earnings date?

Equinix is scheduled to release their next quarterly earnings announcement on Thursday, November 7th 2019. View Earnings Estimates for Equinix.

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

Equinix issued an update on its FY 2019 earnings guidance on Wednesday, July, 31st. The company provided earnings per share guidance of $22.57-22.81 for the period. The company issued revenue guidance of $5.565-5.595 billion, compared to the consensus revenue estimate of $5.58 billion.

What price target have analysts set for EQIX?

18 equities research analysts have issued 12 month target prices for Equinix's stock. Their predictions range from $477.00 to $580.00. On average, they anticipate Equinix's share price to reach $533.7059 in the next year. This suggests that the stock has a possible downside of 3.3%. View Analyst Price Targets for Equinix.

What is the consensus analysts' recommendation for Equinix?

18 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, 15 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Equinix.

Has Equinix been receiving favorable news coverage?

Media headlines about EQIX stock have been trending negative recently, InfoTrie reports. The research firm identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Equinix earned a media sentiment score of -2.3 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View News Stories for Equinix.

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 Alibaba Group (BABA), NVIDIA (NVDA), Cisco Systems (CSCO), Broadcom (AVGO), Home Depot (hd), Johnson & Johnson (JNJ), Verizon Communications (VZ), Costco Wholesale (COST), Netflix (NFLX) and Mastercard (MA).

Who are Equinix's key executives?

Equinix's management team includes the folowing 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)

Who are Equinix's major shareholders?

Equinix's stock is owned by many different of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (13.25%), BlackRock Inc. (8.06%), Cohen & Steers Inc. (5.09%), Edgewood Management LLC (4.50%), Northern Trust Corp (1.53%) and Daiwa Securities Group Inc. (1.53%). Company insiders that own Equinix stock include Brandi Galvin Morandi, Camp Peter Van, Charles J Meyers, Christopher B Paisley, Irving F Lyons III, Karl Strohmeyer, Keith D Taylor, Michael Earl Campbell, Simon Miller, Stephen M Smith 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 First Trust Advisors LP, Morgan Stanley, Holocene Advisors LP, USS Investment Management Ltd, Invesco Ltd., Aviva PLC, Daiwa Securities Group Inc. and Quest Capital Management Inc. ADV. 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, Simon Miller and Yau Tat Lee. View Insider Buying and Selling for Equinix.

Which institutional investors are buying Equinix stock?

EQIX stock was bought by a variety of institutional investors in the last quarter, including Nuveen Asset Management LLC, Waddell & Reed Financial Inc., Vanguard Group Inc., Janus Henderson Group PLC, Janus Henderson Group PLC, Russell Investments Group Ltd., California Public Employees Retirement System and Renaissance Technologies 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 $551.81.

How big of a company is Equinix?

Equinix has a market capitalization of $44.62 billion and generates $5.07 billion in revenue each year. The financial services provider earns $365.36 million in net income (profit) each year or $20.69 on an earnings per share basis. Equinix employs 7,903 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]


MarketBeat Community Rating for Equinix (NASDAQ EQIX)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  897 (Vote Outperform)
Underperform Votes:  505 (Vote Underperform)
Total Votes:  1,402
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 8/18/2019 by MarketBeat.com Staff

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