NASDAQ:EQIX Equinix (EQIX) Stock Price, News & Analysis $817.96 -3.78 (-0.46%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$809.54▼$825.0150-Day Range$749.00▼$841.4952-Week Range$677.80▼$914.93Volume457,770 shsAverage Volume549,600 shsMarket Capitalization$77.63 billionP/E Ratio82.04Dividend Yield2.08%Price Target$876.71 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSustainabilityTrends Get Equinix alerts: Email Address Equinix MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.69 Rating ScoreUpside/Downside7.2% Upside$876.71 Price TargetShort InterestHealthy1.49% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainability-1.18Upright™ Environmental ScoreNews Sentiment0.48Based on 20 Articles This WeekInsider TradingSelling Shares$6.15 M Sold Last QuarterProj. Earnings Growth7.67%From $31.04 to $33.42 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.30 out of 5 starsFinance Sector166th out of 871 stocksReal Estate Investment Trusts Industry18th out of 178 stocks 2.3 Analyst's Opinion Consensus RatingEquinix has received a consensus rating of Moderate Buy. The company's average rating score is 2.69, and is based on 11 buy ratings, 5 hold ratings, and no sell ratings.Amount of Analyst CoverageEquinix has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about Equinix's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.49% of the outstanding shares of Equinix have been sold short.Short Interest Ratio / Days to CoverEquinix has a short interest ratio ("days to cover") of 3.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Equinix has recently decreased by 2.76%, indicating that investor sentiment is improving. Previous Next 1.7 Dividend Strength Dividend YieldEquinix pays a meaningful dividend of 2.06%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthEquinix does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Equinix is 170.91%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Equinix will have a dividend payout ratio of 50.99% next year. This indicates that Equinix will be able to sustain or increase its dividend.Read more about Equinix's dividend. Previous Next 2.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreEquinix has received a 26.07% net impact score from Upright. Equinix seems to create the most significant positive value in categories "Taxes", "Knowledge infrastructure", and "Jobs". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Data center services", "Industrial internet network provision", and "Consumer internet network provision" products. See details.Environmental SustainabilityThe Environmental Impact score for Equinix is -1.18. Previous Next 2.5 News and Social Media Coverage News SentimentEquinix has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.70 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 20 news articles for Equinix this week, compared to 14 articles on an average week.Search InterestOnly 13 people have searched for EQIX on MarketBeat in the last 30 days. This is a decrease of -24% compared to the previous 30 days.MarketBeat Follows12 people have added Equinix to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Equinix insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $6,154,812.00 in company stock.Percentage Held by InsidersOnly 0.27% of the stock of Equinix is held by insiders.Percentage Held by Institutions94.94% of the stock of Equinix is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Equinix's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Equinix are expected to grow by 7.67% in the coming year, from $31.04 to $33.42 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Equinix is 82.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Equinix is 82.04, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 31.96.Price to Earnings Growth RatioEquinix has a PEG Ratio of 2.03. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioEquinix has a P/B Ratio of 6.33. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Equinix's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressKamala’s Dirty Election Move… RevealedAccording to former advisor to the CIA, the Pentagon and the White House Jim Rickards… Kamala and her puppet masters are planning this dirty election move… Click here now and learn how to prepare. About Equinix Stock (NASDAQ:EQIX)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.Read More EQIX Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EQIX Stock News HeadlinesSeptember 6 at 9:12 AM | insidertrades.comInsider Selling: Equinix, Inc. (NASDAQ:EQIX) EVP Sells 93 Shares of StockSeptember 7 at 5:21 AM | americanbankingnews.comInsider Selling: Equinix, Inc. (NASDAQ:EQIX) Insider Sells 576 Shares of StockSeptember 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.September 7 at 4:47 AM | americanbankingnews.comInsider Selling: Equinix, Inc. (NASDAQ:EQIX) Chairman Sells 6,234 Shares of StockSeptember 6 at 3:40 PM | seekingalpha.comEquinix, Inc. (EQIX) CEO Adaire Fox-Martin presents at Citi's 2024 Global Technology, Media and Telecom Conference (Transcript)September 6 at 10:01 AM | seekingalpha.comEquinix, Inc. (EQIX) Bank of America's 2024 Media, Communications and Entertainment Conference (Transcript)September 6 at 5:15 AM | finance.yahoo.comInsider Sale: Executive Chairman Charles Meyers Sells 6,234 Shares of Equinix Inc (EQIX)September 5 at 4:04 AM | finance.yahoo.comInsider Sale: CFO Keith Taylor Sells Shares of Equinix Inc (EQIX)September 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.September 4 at 8:01 AM | prnewswire.comEquinix Issues More Than $750 Million in Green Bonds to Drive Sustainability InitiativesAugust 30, 2024 | msn.comEquinix (EQIX) Stock Moves 0.62%: What You Should KnowAugust 28, 2024 | americanbankingnews.comEquinix, Inc. (NASDAQ:EQIX) Receives Average Rating of "Moderate Buy" from AnalystsAugust 27, 2024 | marketwatch.comEquinix Inc. stock underperforms Monday when compared to competitorsAugust 26, 2024 | prnewswire.comMEDIA ALERT: Equinix to Speak at Upcoming Investor ConferencesAugust 25, 2024 | stockhouse.comShareholder Notice to Long-Term Shareholders of Equinix, Inc. (EQIX)August 24, 2024 | markets.businessinsider.comEquinix (EQIX) Receives a Hold from Morgan StanleyAugust 23, 2024 | wsj.comData-Center Owners Get an Edge Over Big Tech Tenants, FinallyAugust 22, 2024 | markets.businessinsider.comAlert: Grabar Law Office Investigates Claims on Behalf of Long-Term Shareholders of Equinix, Inc. (EQIX)See More Headlines Receive EQIX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Equinix and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 6/19 Dividend5/21/2024Dividend Payable6/19/2024Last Earnings8/07/2024Ex-Dividend for 9/18 Dividend8/21/2024Today9/07/2024Dividend Payable9/18/2024Next Earnings (Estimated)10/23/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry Real estate investment trusts Sub-IndustryInternet Software & Services Current SymbolNASDAQ:EQIX CUSIP29444U50 CIK1101239 Webwww.equinix.com Phone(650) 598-6000Fax650-598-6900Employees13,151Year Founded1998Price Target and Rating Average Stock Price Target$876.71 High Stock Price Target$960.00 Low Stock Price Target$671.00 Potential Upside/Downside+7.2%Consensus RatingModerate Buy Rating Score (0-4)2.69 Research Coverage16 Analysts Profitability EPS (Most Recent Fiscal Year)$9.97 Trailing P/E Ratio82.04 Forward P/E Ratio26.35 P/E Growth2.03Net Income$969.18 million Net Margins12.24% Pretax Margin14.09% Return on Equity8.46% Return on Assets3.21% Debt Debt-to-Equity Ratio1.26 Current Ratio1.22 Quick Ratio1.22 Sales & Book Value Annual Sales$8.46 billion Price / Sales9.18 Cash Flow$29.58 per share Price / Cash Flow27.65 Book Value$129.32 per share Price / Book6.33Miscellaneous Outstanding Shares94,906,000Free Float94,650,000Market Cap$77.63 billion OptionableOptionable Beta0.71 Social Links The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.Get This Free Report Key ExecutivesMr. Peter F. Van Camp (Age 68)Executive Chairman Mr. Charles J. Meyers (Age 58)President, CEO & Director Comp: $1.11MMr. Keith D. Taylor (Age 62)Chief Financial Officer Comp: $726.06kMs. Brandi Galvin Morandi (Age 51)Chief Legal & HR Officer Comp: $665.36kMr. Michael Earl Campbell (Age 58)Chief Sales Officer Comp: $562.16kMr. Scott Crenshaw (Age 59)Executive VP & GM of Digital Services Comp: $548.56kMr. Raouf F. Abdel (Age 56)Executive Vice President of Global Operations Mr. Simon Miller (Age 52)Chief Accounting Officer Mr. Justin DustzadehChief Technology OfficerMr. Milind WagleSenior VP & Chief Information OfficerMore ExecutivesKey CompetitorsSEANYSE:SECoStar GroupNASDAQ:CSGPeBayNASDAQ:EBAYVeriSignNASDAQ:VRSNAkamai TechnologiesNASDAQ:AKAMView All CompetitorsInsiders & InstitutionsSanctuary Advisors LLCBought 7,574 shares on 9/5/2024Ownership: 0.008%Charles J MeyersSold 6,234 sharesTotal: $5.14 M ($823.97/share)Jonathan LinSold 93 sharesTotal: $76,352.07 ($820.99/share)Simon MillerSold 569 sharesTotal: $467,097.79 ($820.91/share)Meredith WilliamsonSold 576 sharesTotal: $474,733.44 ($824.19/share)View All Insider TransactionsView All Institutional Transactions Should I Buy Equinix Stock? EQIX Pros and Cons Explained Pros Here are some ways that investors could benefit from investing in Equinix, Inc.: Equinix (Nasdaq: EQIX) is the world's digital infrastructure company, providing a trusted platform for digital leaders to interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners, and resources, facilitating seamless connectivity and collaboration. Recent financial data shows a strong annual revenue and net income for Equinix, indicating a healthy financial performance. Equinix has a solid Return on Equity and Return on Assets, showcasing efficient utilization of resources and profitability. With a low Debt-to-Equity ratio and strong market capitalization, Equinix demonstrates financial stability and growth potential. Cons Investors should be bearish about investing in Equinix, Inc. for these reasons: While Equinix has shown strong financial performance, the current stock price may be high, potentially limiting immediate gains for investors. Equinix's Consensus Rating and Price Target may not align with investor expectations, leading to uncertainty in market sentiment. Factors such as the Forward PE ratio and Relative Strength Index may indicate overvaluation or market volatility for Equinix stock. News sentiment scores and analyst ratings may vary, causing fluctuations in investor confidence and stock performance. Investors should consider the Fifty-Day and Two-Hundred-Day Moving Averages, as well as the Fifty-Day High and Low, to assess potential trends and risks in Equinix stock. These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Tuesday, August 20, 2024. Please send any questions or comments about these Equinix pros and cons to contact@marketbeat.com. EQIX Stock Analysis - Frequently Asked Questions How have EQIX shares performed this year? Equinix's stock was trading at $805.39 at the beginning of 2024. Since then, EQIX stock has increased by 1.6% and is now trading at $817.96. View the best growth stocks for 2024 here. How were Equinix's earnings last quarter? Equinix, Inc. (NASDAQ:EQIX) released its earnings results on Wednesday, August, 7th. The financial services provider reported $3.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $7.88 by $4.72. Equinix's revenue for the quarter was up 6.9% compared to the same quarter last year. Read the conference call transcript. What is Charles Meyers' approval rating as Equinix's CEO? 663 employees have rated Equinix Chief Executive Officer Charles Meyers on Glassdoor.com. Charles Meyers has an approval rating of 98% among the company's employees. This puts Charles Meyers in the top 20% of approval ratings compared to other CEOs of publicly-traded companies. 84.0% of employees surveyed would recommend working at Equinix to a friend. Does Equinix have any subsidiaries? The following companies are subsidiaries of Equinix: Packet, Metronode, Itconic Innovate IT, TelecityGroup, Bit-isle Equinix, Nimbo, Alog Data Centers do Brasil, and others. Who are Equinix's major shareholders? Equinix's top institutional investors include Principal Financial Group Inc. (1.99%), APG Asset Management US Inc. (1.49%), Dimensional Fund Advisors LP (1.41%) and Legal & General Group Plc (1.40%). Insiders that own company stock include Gary Hromadko, Keith D Taylor, Christopher B Paisley, Karl Strohmeyer, Michael Earl Campbell, Brandi Galvin Morandi, Camp Peter Van, Charles J Meyers, Jonathan Lin, Simon Miller, Scott Crenshaw, Meredith Williamson and Fidelma Russo. View institutional ownership trends. How do I buy shares of Equinix? Shares of EQIX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Equinix own? Based on aggregate information from My MarketBeat watchlists, some other companies that Equinix investors own include NVIDIA (NVDA), Salesforce (CRM), Alibaba Group (BABA), Mastercard (MA), American Tower (AMT), Intel (INTC) and Johnson & Johnson (JNJ). This page (NASDAQ:EQIX) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. 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