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Equinix (EQIX)
NASDAQ:EQIX
Equinix (EQIX) Stock Price & Analysis
2,116 Followers
EQIX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$662.83 - $914.93
Previous Close$711.87
Volume875.79K
Average Volume (3M)680.12K
Market Cap
$67.36B
Enterprise Value$82.74B
Total Cash (Recent Filing)$2.10B
Total Debt (Recent Filing)$17.46B
Price to Earnings (P/E)67.3
Beta1.08
Next Earnings
Jul 31, 2024EPS EstimateN/A
Last Dividend Ex-Date
Feb 27, 2024Dividend Yield2.21%
Share Statistics
EPS (TTM)10.31
Shares Outstanding94,621,449
10 Day Avg. Volume862,611
30 Day Avg. Volume680,119
Standard Deviation0.07
R-Squared0.23
Alpha0.00482
Financial Highlights & Ratios
Price to Book (P/B)13.01
Price to Sales (P/S)31.92
Price to Cash Flow (P/CF)16.40
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue10.11
Enterprise Value/Gross Profit10.11
Enterprise Value/Ebitda28.14
Forecast
1Y Price Target
$918.06Price Target Upside32.53% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering17
Equinix News
PremiumPress Releases
Equinix Reports First Quarter 2024 Results
Bulls Say, Bears Say
Bulls Say
Financial PerformanceEQIX's xScale business is expected to continue yielding high double-digit levered internal rates of return.
Leadership TransitionIncoming CEO brings expertise in catering to the digital infrastructure landscape, ensuring no strategic shift for the company.
Market PositioningEQIX's market share positioning over 40% of dedicated cloud-on ramps within its markets and continued growth from its cloud and IT services customers.
Bears Say
Accounting ConcernsA short seller published a report alleging major accounting manipulation at Equinix.
Investigation ImpactLack of clarity on timing as to when these issues might be addressed leaves the stock in a period of uncertainty.
Leadership ChangeCEO Charles Meyers stepped back, replaced by Adaire Fox-Martin, introducing executive changes at a critical time.
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Ownership Overview
14.13% Insiders
28.52% Mutual Funds
29.51% Other Institutional Investors
27.85% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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EQIX FAQ
What was Equinix’s price range in the past 12 months?
Equinix lowest stock price was $662.83 and its highest was $914.93 in the past 12 months.
What is Equinix’s market cap?
Currently, no data Available
When is Equinix’s upcoming earnings report date?
Equinix’s upcoming earnings report date is Jul 31, 2024 which is in 83 days.
How were Equinix’s earnings last quarter?
Equinix released its earnings results on May 01, 2024. The company reported $2.64 earnings per share for the quarter, missing the consensus estimate of $2.658 by -$0.018.
Is Equinix overvalued?
According to Wall Street analysts Equinix’s price is currently Undervalued.
Does Equinix pay dividends?
Equinix pays a Quarterly dividend of $4.26 which represents an annual dividend yield of 2.21%. See more information on Equinix dividends here
What is Equinix’s EPS estimate?
Equinix’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Equinix have?
Equinix has 94,621,450 shares outstanding.
What happened to Equinix’s price movement after its last earnings report?
Equinix reported an EPS of $2.64 in its last earnings report, missing expectations of $2.658. Following the earnings report the stock price went down -2.219%.
Which hedge fund is a major shareholder of Equinix?
Among the largest hedge funds holding Equinix’s share is Coatue Management, LLC. It holds Equinix’s shares valued at 452M.
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Equinix Stock Smart Score
Neutral
1
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Analyst Consensus
Strong Buy
Average Price Target:
$918.06 (32.53% Upside)
$918.06 (32.53% Upside)
Blogger Sentiment
Bullish
EQIX Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 380.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $1.1M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.3%
Last 30 Days <0.1%
Last 30 Days <0.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-1.88%
12-Months-Change
Fundamentals
Return on Equity
8.08%
Trailing 12-Months
Asset Growth
7.72%
Trailing 12-Months
Company Description
Equinix
Founded in 1998, Equinix, Inc. is a California-based digital infrastructure company which provides collocation space and develops data center solutions. The company offers secure key management, consulting, network virtualization, customer support, and managed services. It operates through the following geographical segments: Americas, Europe, Middle East & Africa and Asia-Pacific.
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EQIX Company Deck
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EQIX Earnings Call
Q4 2024
0:00 / 0:00
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EQIX Revenue Breakdown
70.42% Colocation
17.03% Interconnection
5.52% Managed infrastructure
5.42% Non-recurring revenues
1.62% Other
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EQIX Stock 12 Month Forecast
Average Price Target
$918.06
▲(32.53% Upside)
Technical Analysis
Best Analysts Covering EQIX
1 Year
1 Year Success Rate
24/29 ratings generated profit
1 Year Average Return
+14.33%
assigned a buy rating 2 months ago
Copying Timothy Horan's trades and holding each position for 1 Year would result in 82.76% of your transactions generating a profit, with an average return of +14.33% per trade.
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