NASDAQ:EQIX - Equinix Stock Price, News, & Analysis

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$381.11 -1.87 (-0.49 %)
(As of 01/16/2019 04:00 PM ET)
Previous Close$382.98
Today's Range$379.53 - $384.18
52-Week Range$335.29 - $458.64
Volume621,800 shs
Average Volume715,636 shs
Market Capitalization$30.27 billion
P/E Ratio20.57
Dividend Yield2.46%
Beta0.78
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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Industry, Sector and Symbol

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

Debt

Current Ratio1.24
Quick Ratio1.24

Price-To-Earnings

Sales & Book Value

Annual Sales$4.37 billion
Price / Sales7.01
Cash Flow$16.8186 per share
Price / Cash Flow22.66
Book Value$87.56 per share
Price / Book4.35

Profitability

Net Income$232.98 million
Net Margins6.46%
Return on Assets2.74%

Miscellaneous

Employees7,273
Market Cap$30.27 billion
OptionableOptionable

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, November 1st. Shareholders of record on Wednesday, November 14th will be paid a dividend of $2.28 per share on Wednesday, December 12th. This represents a $9.12 annualized dividend and a dividend yield of 2.39%. The ex-dividend date of this dividend is Tuesday, November 13th. View Equinix's Dividend History.

How were Equinix's earnings last quarter?

Equinix Inc (NASDAQ:EQIX) issued its earnings results on Thursday, November, 1st. The financial services provider reported $1.55 earnings per share for the quarter, missing the consensus estimate of $4.47 by $2.92. The financial services provider had revenue of $1.28 billion for the quarter, compared to analysts' expectations of $1.28 billion. Equinix had a return on equity of 7.70% and a net margin of 6.46%. Equinix's revenue was up 11.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.63 earnings per share. View Equinix's Earnings History.

When is Equinix's next earnings date?

Equinix is scheduled to release their next quarterly earnings announcement on Wednesday, February 13th 2019. View Earnings Estimates for Equinix.

How can I listen to Equinix's earnings call?

Equinix will be holding an earnings conference call on Wednesday, February 13th at 5:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 5173089482.

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

Equinix updated its fourth quarter 2018 earnings guidance on Thursday, November, 1st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $1.299-1.309 billion.Equinix also updated its FY 2018 guidance to EPS.

What price target have analysts set for EQIX?

16 Wall Street analysts have issued 1-year target prices for Equinix's stock. Their predictions range from $477.00 to $550.00. On average, they anticipate Equinix's stock price to reach $502.6667 in the next twelve months. This suggests a possible upside of 31.9% from the stock's current price. View Analyst Price Targets for Equinix.

What is the consensus analysts' recommendation for Equinix?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equinix in the last year. There are currently 1 hold rating and 15 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, "Equinix recently announced the acquisition of a commercial property in Hamburg in a bid to expand its portfolio in Germany. It plans to transform the building to a carrier-neutral colocation space. Notably, amid higher demand from cloud users, Equinix’s commitment to expand its IBX platform is commendable. Further, a global footprint and solid interconnected ecosystems will enable the company to witness top-line growth in the long term. However, the company’s growing debt burden is expected to affect its operating results as interest expense would go up. Also, consolidation in the telecommunications industry will likely result in low demand for co-location space, hindering the company’s growth. Moreover, shares of Equinix have underperformed the real estate market over the past three months." (1/14/2019)
  • 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)

Has Equinix been receiving favorable news coverage?

News headlines about EQIX stock have trended positive on Wednesday, according to InfoTrie Sentiment. InfoTrie scores the sentiment of press coverage by reviewing 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 closest to five being the most favorable. Equinix earned a news sentiment score of 2.3 on InfoTrie's scale. They also gave media coverage about the financial services provider a news buzz of 5.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the company's share price in the near term.

Who are some of Equinix's key competitors?

Who are Equinix's key executives?

Equinix's management team includes the folowing people:
  • Mr. Charles J. Meyers, Pres, CEO & Director (Age 52)
  • Mr. Keith D. Taylor, Chief Financial Officer (Age 56)
  • Mr. Eric Schwartz, Pres of EMEA (Age 51)
  • Mr. Karl Strohmeyer, Pres of Americas (Age 46)
  • Mr. Peter F. Van Camp, Exec. Chairman (Age 62)

Who are Equinix's major shareholders?

Equinix's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include USS Investment Management Ltd (0.72%), Barton Investment Management (0.06%), Timbercreek Investment Management Inc. (0.05%), State of Alaska Department of Revenue (0.05%), First Hawaiian Bank (0.01%) and Spirit of America Management Corp NY (0.01%). Company insiders that own Equinix stock include Camp Peter Van, Charles J Meyers, Christopher B Paisley, Eric Schwartz, Irving F Lyons III, Karl Strohmeyer, Keith D Taylor, Michael Earl Campbell, 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 USS Investment Management Ltd, Altfest L J & Co. Inc., First Hawaiian Bank, Louisiana State Employees Retirement System, Steward Partners Investment Advisory LLC and Douglass Winthrop Advisors LLC. Company insiders that have sold Equinix company stock in the last year include Camp Peter Van, Charles J Meyers, 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 Timbercreek Investment Management Inc., State of Alaska Department of Revenue, Highland Capital Management LLC, Fox Run Management L.L.C., Spirit of America Management Corp NY, Daiwa SB Investments Ltd. and Barton Investment Management. 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 $381.11.

How big of a company is Equinix?

Equinix has a market capitalization of $30.27 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.

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:  814 (Vote Outperform)
Underperform Votes:  450 (Vote Underperform)
Total Votes:  1,264
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 1/16/2019 by MarketBeat.com Staff

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