NASDAQ:EQIX Equinix Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Equinix Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $764.47 -0.34 (-0.04 %) (As of 09/29/2020 11:38 AM ET) Add Compare Share Today's Range$763.02Now: $764.47▼$768.1450-Day Range$730.67MA: $765.21▼$799.6152-Week Range$477.87Now: $764.47▼$805.81Volume6,616 shsAverage Volume502,031 shsMarket Capitalization$67.70 billionP/E Ratio132.49Dividend Yield1.42%Beta0.41 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.5 Analyst's Opinion Consensus RatingEquinix has received a consensus rating of Buy. The company's average rating score is 2.90, and is based on 19 buy ratings, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $791.40, Equinix has a forecasted upside of 3.5% from its current price of $764.81.Amount of Analyst CoverageEquinix has been the subject of 15 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.2 Community Rank Outperform VotesEquinix has received 993 “outperform” votes. (Add your “outperform” vote.)Underperform VotesEquinix has received 581 “underperform” votes. (Add your “underperform” vote.)Community SentimentEquinix has received 63.09% “outperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend YieldEquinix has a dividend yield of 1.42%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthEquinix has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Equinix is 46.65%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Equinix will have a dividend payout ratio of 43.73% next year. This indicates that Equinix will be able to sustain or increase its dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Equinix insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,142,597.00 in company stock.Percentage Held by InsidersOnly 0.51% of the stock of Equinix is held by insiders.Percentage Held by Institutions94.12% of the stock of Equinix is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Equinix are expected to grow by 12.02% in the coming year, from $21.72 to $24.33 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Equinix is 132.55, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.68.Price to Earnings Ratio vs. SectorThe P/E ratio of Equinix is 132.55, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 17.35.Price to Earnings Growth RatioEquinix has a PEG Ratio of 2.56. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioEquinix has a P/B Ratio of 7.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.5Community Rank: 3.2Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.79 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Real estate investment trusts Sub-IndustryInternet Software & Services SectorFinance Current SymbolNASDAQ:EQIX Previous Symbol CUSIP29444U50 CIK1101239 Webwww.equinix.com Phone650-598-6000Debt Debt-to-Equity Ratio1.12 Current Ratio1.55 Quick Ratio1.55Price-To-Earnings Trailing P/E Ratio132.49 Forward P/E Ratio35.20 P/E Growth2.56 Sales & Book Value Annual Sales$5.56 billion Price / Sales12.17 Cash Flow$22.57 per share Price / Cash Flow33.87 Book Value$109.32 per share Price / Book6.99Profitability EPS (Most Recent Fiscal Year)$22.81 Net Income$507.45 million Net Margins8.69% Return on Equity5.43% Return on Assets2.03%Miscellaneous Employees8,378 Outstanding Shares88,557,000Market Cap$67.70 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $764.47 -0.34 (-0.04 %) (As of 09/29/2020 11:38 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive EQIX News and Ratings via Email Sign-up to receive the latest news and ratings for EQIX and its competitors with MarketBeat's FREE daily newsletter. Equinix (NASDAQ:EQIX) Frequently Asked Questions How has Equinix's stock been impacted by Coronavirus (COVID-19)? Equinix's stock was trading at $598.80 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, EQIX shares have increased by 27.7% and is now trading at $764.47. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Equinix? 21 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Equinix in the last year. There are currently 2 hold ratings and 19 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, November 4th 2020. View our earnings forecast for Equinix. How were Equinix's earnings last quarter? Equinix Inc (NASDAQ:EQIX) released its earnings results on Wednesday, July, 29th. The financial services provider reported $1.52 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $5.40 by $3.88. The financial services provider earned $1.47 billion during the quarter, compared to analysts' expectations of $1.46 billion. Equinix had a net margin of 8.69% and a return on equity of 5.43%. The company's quarterly revenue was up 6.1% compared to the same quarter last year. During the same period last year, the firm earned $1.69 earnings per share. 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, July 29th. Stockholders of record on Wednesday, August 19th will be paid a dividend of $2.66 per share on Wednesday, September 23rd. This represents a $10.64 annualized dividend and a yield of 1.39%. The ex-dividend date is Tuesday, August 18th. View Equinix's dividend history. What guidance has Equinix issued on next quarter's earnings? Equinix updated its FY 2020 After-Hours earnings guidance on Wednesday, July, 29th. The company provided earnings per share (EPS) guidance of 23.87-24.67 for the period. The company issued revenue guidance of $5.919-5.989 billion, compared to the consensus revenue estimate of $5.96 billion. What price target have analysts set for EQIX? 21 brokers have issued 12-month price objectives for Equinix's stock. Their forecasts range from $625.00 to $883.00. On average, they anticipate Equinix's share price to reach $791.40 in the next twelve months. This suggests a possible upside of 3.5% from the stock's current price. View analysts' price targets for Equinix. Who are some of Equinix's key competitors? Some companies that are related to Equinix include Facebook (FB), SEA (SE), eBay (EBAY), Twitter (TWTR), CoStar Group (CSGP), Verisign (VRSN), Akamai Technologies (AKAM), ANGI Homeservices (ANGI), Stamps.com (STMP), Envestnet (ENV), LogMeIn (LOGM), LivePerson (LPSN), J2 Global (JCOM), SPS Commerce (SPSC) and Cornerstone OnDemand (CSOD). View all 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), salesforce.com (CRM), Alibaba Group (BABA), Mastercard (MA), American Tower (AMT), Intel (INTC), Visa (V), Cisco Systems (CSCO), Paypal (PYPL) and Johnson & Johnson (JNJ). 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." 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 $764.47. How big of a company is Equinix? Equinix has a market capitalization of $67.70 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 9/29/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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