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Equinix (EQIX)
NASDAQ:EQIX
Equinix (EQIX) Stock Price & Analysis
2,192 Followers
EQIX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$667.15 - $910.03
Previous Close$759.68
Volume271.13K
Average Volume (3M)636.53K
Market Cap
$72.10B
Enterprise Value$87.48B
Total Cash (Recent Filing)$2.10B
Total Debt (Recent Filing)$17.46B
Price to Earnings (P/E)76.2
Beta1.14
Next Earnings
Aug 07, 2024EPS Estimate
$2.68Last Dividend Ex-Date
May 21, 2024Dividend Yield2.14%
Share Statistics
EPS (TTM)9.97
Shares Outstanding94,905,734
10 Day Avg. Volume426,201
30 Day Avg. Volume636,530
Standard Deviation0.07
R-Squared0.27
Alpha0.00296
Financial Highlights & Ratios
Price to Book (P/B)14.39
Price to Sales (P/S)34.40
Price to Cash Flow (P/CF)18.20
P/FCF Ratio202.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue10.68
Enterprise Value/Gross Profit22.09
Enterprise Value/Ebitda28.55
Forecast
1Y Price Target
$919.13Price Target Upside21.52% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering17
Equinix News
Bulls Say, Bears Say
Bulls Say
Growth And ProfitabilityEquinix has a very good track record of growth and profitability.
Management ConfidenceManagement remains upbeat on Equinix’s positioning to monetize the ongoing digitalization of the economy and the prospects to sustain annual AFFOPS growth with a differentiated global retail data center business model.
Market PositionGlobal leader in the data centre industry.
Bears Say
Financial PerformanceA tough macro and elevated optimization are holding back normalized revenue growth in the 1H24.
Regulatory IssuesEquinix also provided some additional details on the internal investigation and Subpoenas from the DOJ and SEC.
Tenant BehaviorHyperscale cloud providers – the largest existing tenants of data centres – may opt to move all or significant data centre servers in-house.
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Ownership Overview
14.08% Insiders
28.94% Mutual Funds
24.78% Other Institutional Investors
32.20% 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 $667.15 and its highest was $910.03 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 Aug 07, 2024 which is in 36 days.
How were Equinix’s earnings last quarter?
Equinix released its earnings results on May 08, 2024. The company reported $2.43 earnings per share for the quarter, missing the consensus estimate of $2.65 by -$0.22.
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 2.14%. See more information on Equinix dividends here
What is Equinix’s EPS estimate?
Equinix’s EPS estimate is $2.68.
How many shares outstanding does Equinix have?
Equinix has 94,905,730 shares outstanding.
What happened to Equinix’s price movement after its last earnings report?
Equinix reported an EPS of $2.43 in its last earnings report, missing expectations of $2.65. Following the earnings report the stock price went up 11.508%.
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 340M.
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Equinix Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$919.13 (21.52% Upside)
$919.13 (21.52% Upside)
Blogger Sentiment
Bullish
EQIX Sentiment 100%
Sector Average 63%
Sector Average 63%
Hedge Fund Trend
Decreased
By 138.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $4.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▲ 1.3%
Last 30 Days ▼ 0.3%
Last 30 Days ▼ 0.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-1.09%
12-Months-Change
Fundamentals
Return on Equity
7.74%
Trailing 12-Months
Asset Growth
2.12%
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
Q1 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
$919.13
▲(21.52% Upside)
Technical Analysis
Best Analysts Covering EQIX
1 Year
1 Year Success Rate
32/40 ratings generated profit
1 Year Average Return
+15.12%
reiterated a buy rating last month
Copying Jonathan Atkin's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +15.12% per trade.
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