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Equinix (EQIX)
NASDAQ:EQIX
Equinix (EQIX) Stock Price & Analysis
2,074 Followers
EQIX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$662.83 - $914.93
Previous Close$748
Volume687.53K
Average Volume (3M)606.39K
Market Cap
$70.78B
Enterprise Value$86.16B
Total Cash (Recent Filing)$2.10B
Total Debt (Recent Filing)$17.46B
Price to Earnings (P/E)72.6
Beta1.08
Next Earnings
May 01, 2024EPS Estimate
$2.66Last Dividend Ex-Date
Feb 27, 2024Dividend Yield2.05%
Share Statistics
EPS (TTM)10.31
Shares Outstanding94,621,449
10 Day Avg. Volume573,638
30 Day Avg. Volume606,393
Standard Deviation0.07
R-Squared0.22
Alpha0.00684
Financial Highlights & Ratios
Price to Book (P/B)14.02
Price to Sales (P/S)33.54
Price to Cash Flow (P/CF)17.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue10.52
Enterprise Value/Gross Profit10.52
Enterprise Value/Ebitda29.31
Forecast
1Y Price Target
$918.06Price Target Upside21.64% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering17
Equinix News
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 TransitionThe incoming CEO's expertise in digital infrastructure is viewed as advantageous and does not signal a strategic shift.
Strategic AdvantageEQIX's market share positioning over 40% of dedicated cloud-on ramps within its markets and continued growth from its cloud and IT services customers indicate protection from disintermediation.
Bears Say
Financial Reporting ConcernsA Hindenberg short report claims EQIX 'manipulates' its non-GAAP AFFO metrics, driving the stock down pre-market.
Leadership ChangesCEO Charles Meyers stepped back, replaced by Adaire Fox-Martin, introducing executive changes at a critical time.
Legal And Compliance IssuesEquinix is under investigation by the Audit Committee and has received a subpoena from the U.S. Attorney’s Office.
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Ownership Overview
14.13% Insiders
29.01% Mutual Funds
25.33% Other Institutional Investors
31.54% 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 May 01, 2024 which is in 7 days.
How were Equinix’s earnings last quarter?
Equinix released its earnings results on Feb 14, 2024. The company reported $2.4 earnings per share for the quarter, beating the consensus estimate of $2.165 by $0.235.
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 2.05%. See more information on Equinix dividends here
What is Equinix’s EPS estimate?
Equinix’s EPS estimate is $2.66.
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 $2.4 in its last earnings report, beating expectations of $2.165. Following the earnings report the stock price went up 5.062%.
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 (21.64% Upside)
$918.06 (21.64% Upside)
Blogger Sentiment
Bullish
EQIX Sentiment 100%
Sector Average 70%
Sector Average 70%
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
Very Negative
Last 7 Days ▼ 0.8%
Last 30 Days ▼ 2.8%
Last 30 Days ▼ 2.8%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
7.91%
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 Months Forecast
Average Price Target
$918.06
▲(21.64% Upside)
Technical Analysis
Best Analysts Covering EQIX
1 Year
1 Year Success Rate
24/29 ratings generated profit
1 Year Average Return
+15.02%
assigned a buy rating last month
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 +15.02% per trade.
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