Equinix, Inc. (EQIX)
- Previous Close
734.56 - Open
736.11 - Bid 739.44 x 100
- Ask 740.95 x 100
- Day's Range
731.54 - 747.16 - 52 Week Range
672.88 - 914.93 - Volume
483,492 - Avg. Volume
603,095 - Market Cap (intraday)
70.215B - Beta (5Y Monthly) 0.58
- PE Ratio (TTM)
71.90 - EPS (TTM)
10.29 - Earnings Date May 1, 2024 - May 6, 2024
- Forward Dividend & Yield 17.04 (2.30%)
- Ex-Dividend Date Feb 27, 2024
- 1y Target Est
918.30
Equinix (Nasdaq: EQIX) is the world's digital infrastructure company . Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.
www.equinix.com13,151
Full Time Employees
December 31
Fiscal Year Ends
Sector
Industry
Recent News: EQIX
Performance Overview: EQIX
Trailing total returns as of 4/18/2024, which may include dividends or other distributions. Benchmark is .
YTD Return
1-Year Return
3-Year Return
5-Year Return
Compare To: EQIX
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Statistics: EQIX
Valuation Measures
Market Cap
70.23B
Enterprise Value
85.59B
Trailing P/E
71.77
Forward P/E
61.35
PEG Ratio (5yr expected)
4.90
Price/Sales (ttm)
8.50
Price/Book (mrq)
5.62
Enterprise Value/Revenue
10.45
Enterprise Value/EBITDA
25.39
Financial Highlights
Profitability and Income Statement
Profit Margin
12.50%
Return on Assets (ttm)
2.01%
Return on Equity (ttm)
8.07%
Revenue (ttm)
7.75B
Net Income Avi to Common (ttm)
969.18M
Diluted EPS (ttm)
10.29
Balance Sheet and Cash Flow
Total Cash (mrq)
2.1B
Total Debt/Equity (mrq)
139.49%
Levered Free Cash Flow (ttm)
2.94B
Research Analysis: EQIX
Analyst Price Targets
Fair Value
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Research Reports: EQIX
Analyst Report: Equinix, Inc.
Equinix operates 260 data centers in 71 markets worldwide. It generates 44% of total revenue in the Americas, 35% in Europe, the Middle East, and Africa, and 21% in Asia-Pacific. The firm has more than 10,000 customers, including 2,100 network providers, that are dispersed over five verticals: cloud and IT services, content providers, network and mobile services, financial services, and enterprise. About 70% of Equinix's revenue comes from renting space to tenants and related services, and more than 15% comes from interconnection. Equinix operates as a real estate investment trust.
RatingNeutralPrice TargetAnalyst Report: Equinix Inc
Equinix is a real estate investment trust focusing on interconnected data centers. EQIX develops data center platforms and architecture for businesses involved in cloud software, IT, financial services, and mobile services. The company offers secure networks and cloud-neutral data platforms, and is leveraged to the secular transition away from on-premises data centers to cloud colocation centers. The company provides over 462,000 interconnections and operates 260 data centers on six continents, in 71 global metro areas, and 33 countries with a growing focus on hyperscale centers. About half of centers are wholly owned. Approximately 44% of current revenue comes from the Americas, 36% from EMEA, and 20% from the Asia-Pacific region. About three-quarters of recurring revenues come from colocation. The top 10 customers account for about 18% of MRR. Current expansion is focused on Africa, India, and South America. EQIX shares are a component of the S&P 500. The market cap is $85 billion.
RatingBullishPrice TargetMarket Update: EQIX, IPG
Stocks fell on Tuesday pulled down by the mega-cap stocks and uncertainty over interest rate cuts. Economic data released today included factory orders for January and the ISM Services PMI for February. According to the Commerce Department, factory orders fell 3.6% in January following a 0.3% decline in December. The ISM Services PMI reading for February came to 52.6%, down from 53.4% in January and below the 53% forecast. Meanwhile, Bitcoin has hit a record high. The Dow fell 0.8%, the S&P 1.0%, and the Nasdaq 1.8%. Crude oil traded near $79 per barrel, while gold rose $9 to $2135 per ounce.
Analyst Report: Equinix, Inc.
Equinix operates 260 data centers in 71 markets worldwide. It generates 44% of total revenue in the Americas, 35% in Europe, the Middle East, and Africa, and 21% in Asia-Pacific. The firm has more than 10,000 customers, including 2,100 network providers, that are dispersed over five verticals: cloud and IT services, content providers, network and mobile services, financial services, and enterprise. About 70% of Equinix's revenue comes from renting space to tenants and related services, and more than 15% comes from interconnection. Equinix operates as a real estate investment trust.
RatingBearishPrice Target