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
Stock Exchange NASDAQ
Industry Real estate investment trusts
Sub-IndustryInternet Software & Services
SectorFinance
Current SymbolNASDAQ:EQIX
Previous Symbol
CUSIP29444U50
Phone650-598-6000
Debt
Debt-to-Equity Ratio1.54
Current Ratio1.24
Quick Ratio1.24
Price-To-Earnings
Trailing P/E Ratio20.77
Forward P/E Ratio20.83
P/E Growth1.49
Sales & Book Value
Annual Sales$4.37 billion
Price / Sales7.08
Cash Flow$16.5142 per share
Price / Cash Flow23.30
Book Value$87.56 per share
Price / Book4.39
Profitability
EPS (Most Recent Fiscal Year)$18.53
Net Income$232.98 million
Net Margins6.46%
Return on Equity7.70%
Return on Assets2.74%
Miscellaneous
Employees7,273
Outstanding Shares80,390,000
Market Cap$31.12 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 announced 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 dividend on an annualized basis and a dividend yield of 2.37%. 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) posted its earnings results on Thursday, November, 1st. The financial services provider reported $1.55 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $4.47 by $2.92. The financial services provider earned $1.28 billion during 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 company earned $3.63 EPS. View Equinix's Earnings History.
When is Equinix's next earnings date?
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 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 equities research analysts have issued 1 year price objectives for Equinix's stock. Their predictions range from $479.00 to $550.00. On average, they expect Equinix's stock price to reach $505.8667 in the next twelve months. This suggests a possible upside of 31.4% 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 plans to open its second Bulgarian International Business Exchange (IBX) data center — SO2 — in Sofia. This will enable the company to easily penetrate into the Balkan market, with convenient access to the EU, Turkey and the Caucasus. Further, amid higher demand from cloud users, Equinix’s commitment to expand its IBX platform is commendable. However, we are concerned about the company’s growing debt burden, which will adversely affect the operating results as interest expense would go up. Also, consolidation in the telecommunications industry will likely result in low demand for colocation space, hindering the company’s growth. Also, shares of Equinix have underperformed the real estate market over the past six months." (10/25/2018)
- 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)
Has Equinix been receiving favorable news coverage?
Press coverage about EQIX stock has been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded 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 1.4 on InfoTrie's scale. They also gave media stories about the financial services provider a news buzz of 1.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future.
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), Prologis (PLD), Public Storage (PSA), Welltower (WELL), Equity Residential (EQR), AvalonBay Communities (AVB), DIGITAL RLTY TR/SH (DLR), Ventas (VTR), Realty Income (O), Boston Properties (BXP), SBA Communications (SBAC), Weyerhaeuser (WY) and Essex Property Trust (ESS).
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 variety of of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc (12.66%), BlackRock Inc. (7.37%), Capital World Investors (4.03%), Cohen & Steers Inc. (3.66%), FMR LLC (3.27%) and Edgewood Management LLC (2.85%). 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 Cohen & Steers Inc., Janus Henderson Group PLC, Brookfield Asset Management Inc., Bank of Montreal Can, American Century Companies Inc., Waterfront Capital Partners LLC, FMR LLC and Daiwa Securities Group Inc.. 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 acquired by a variety of institutional investors in the last quarter, including Deutsche Bank AG, Capital International Investors, Capital World Investors, BlackRock Inc., Aviva PLC, JPMorgan Chase & Co., First Trust Advisors LP and Canada Pension Plan Investment Board. 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 $384.95.
How big of a company is Equinix?
Equinix has a market capitalization of $31.12 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?
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.
