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Equinix (EQIX)
NASDAQ:EQIX
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EQIX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$677.80 - $914.93
Previous Close$860.95
Volume219.59K
Average Volume (3M)443.34K
Market Cap
$83.36B
Enterprise Value$97.75B
Total Cash (Recent Filing)$1.99B
Total Debt (Recent Filing)$17.98B
Price to Earnings (P/E)79.1
Beta1.05
Next Earnings
Oct 30, 2024EPS Estimate
$2.92Last Dividend Ex-Date
Aug 21, 2024Dividend Yield1.97%
Share Statistics
EPS (TTM)10.92
Shares Outstanding94,944,994
10 Day Avg. Volume424,093
30 Day Avg. Volume443,343
Standard Deviation0.07
R-Squared0.29
Alpha0.00177
Financial Highlights & Ratios
Price to Book (P/B)6.68
Price to Sales (P/S)9.84
Price to Cash Flow (P/CF)22.70
P/FCF Ratio115.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue11.56
Enterprise Value/Gross Profit24.68
Enterprise Value/Ebitda28.82
Forecast
1Y Price Target
$915.75Price Target Upside4.30% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering19
Equinix News
PremiumCompany Announcements
Equinix EVP Scott Crenshaw Negotiates Exit Terms
Bulls Say, Bears Say
Bulls Say
Financial PerformanceEQIX continues to benefit from healthy pricing with higher MRR/cabinet in all regions and global MRR/cabinet up +7%.
Growth And ExpansionEQIX improved its US market positioning by acquiring land/power for a multi-hundred MW campus in Atlanta.
Leadership And StrategyNew CEO Adaire Fox-Martin outlined several positives including broader demand profile and more meaningful long term upside from AI, significant commitment to hybrid and multi-cloud solutions, and early traction in inferencing type workloads.
Bears Say
Client DemandHyperscale cloud providers – the largest existing tenants of data centres – may opt to move all or significant data centre servers in-house.
Financial PerformanceBears may point to sluggish cabs billing growth and overall greater contribution from non-recurring revenue rather than recurring revenue.
Operational MetricsGlobal utilization fell to 77% from 79% in the previous quarter.
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Ownership Overview
14.06% Insiders
29.21% Mutual Funds
49.89% Other Institutional Investors
6.85% 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 $677.80 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 Oct 30, 2024 which is in 41 days.
How were Equinix’s earnings last quarter?
Equinix released its earnings results on Aug 07, 2024. The company reported $3.16 earnings per share for the quarter, beating the consensus estimate of $2.656 by $0.504.
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 1.97%. See more information on Equinix dividends here
What is Equinix’s EPS estimate?
Equinix’s EPS estimate is $2.92.
How many shares outstanding does Equinix have?
Equinix has 94,944,990 shares outstanding.
What happened to Equinix’s price movement after its last earnings report?
Equinix reported an EPS of $3.16 in its last earnings report, beating expectations of $2.656. Following the earnings report the stock price went up 3.741%.
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 270M.
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Equinix Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$915.75 (4.30% Upside)
$915.75 (4.30% Upside)
Blogger Sentiment
Bullish
EQIX Sentiment 94%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 103.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $5.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Negative
Last 7 Days ▼ 2.0%
Last 30 Days <0.1%
Last 30 Days <0.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
14.26%
12-Months-Change
Fundamentals
Return on Equity
8.52%
Trailing 12-Months
Asset Growth
4.08%
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
Q2 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
$915.75
▲(4.30% Upside)
Technical Analysis
Best Analysts Covering EQIX
1 Year
1 Year Success Rate
27/29 ratings generated profit
1 Year Average Return
+16.36%
reiterated a buy rating last month
Copying Timothy Horan's trades and holding each position for 1 Year would result in 93.10% of your transactions generating a profit, with an average return of +16.36% per trade.
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