Zacks Research Issues Negative Forecast for Equinix Earnings

Equinix, Inc. (NASDAQ:EQIX - Free Report) - Research analysts at Zacks Research cut their Q1 2025 EPS estimates for Equinix in a research note issued on Wednesday, March 5th. Zacks Research analyst R. Department now anticipates that the financial services provider will post earnings of $7.95 per share for the quarter, down from their previous forecast of $8.20. The consensus estimate for Equinix's current full-year earnings is $33.10 per share. Zacks Research also issued estimates for Equinix's Q2 2025 earnings at $8.20 EPS, Q3 2025 earnings at $8.39 EPS, Q4 2025 earnings at $8.39 EPS, FY2025 earnings at $32.91 EPS, Q1 2026 earnings at $8.22 EPS, Q2 2026 earnings at $8.60 EPS, Q3 2026 earnings at $8.97 EPS, Q4 2026 earnings at $9.33 EPS, FY2026 earnings at $35.12 EPS and FY2027 earnings at $37.28 EPS.

Equinix (NASDAQ:EQIX - Get Free Report) last posted its quarterly earnings results on Wednesday, February 12th. The financial services provider reported $7.92 EPS for the quarter, topping analysts' consensus estimates of $2.75 by $5.17. Equinix had a return on equity of 6.31% and a net margin of 9.32%.

Several other research firms also recently issued reports on EQIX. Moffett Nathanson raised Equinix from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, February 5th. Barclays upped their price target on shares of Equinix from $810.00 to $822.00 and gave the company an "equal weight" rating in a research report on Monday, November 18th. Truist Financial cut their price target on shares of Equinix from $1,028.00 to $990.00 and set a "buy" rating on the stock in a report on Monday. Royal Bank of Canada increased their price objective on Equinix from $936.00 to $1,025.00 and gave the company an "outperform" rating in a report on Wednesday, December 11th. Finally, Stifel Nicolaus lifted their target price on Equinix from $995.00 to $1,080.00 and gave the stock a "buy" rating in a report on Wednesday, November 20th. Three research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average price target of $989.35.

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Equinix Price Performance

Shares of Equinix stock traded up $17.62 during midday trading on Monday, hitting $853.86. 182,630 shares of the company traded hands, compared to its average volume of 571,910. The firm's fifty day moving average price is $918.81 and its 200-day moving average price is $908.19. The stock has a market cap of $83.11 billion, a price-to-earnings ratio of 99.87, a PEG ratio of 1.78 and a beta of 0.74. Equinix has a 12 month low of $684.14 and a 12 month high of $994.03. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.63 and a current ratio of 1.63.

Equinix Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Wednesday, February 26th will be paid a dividend of $4.69 per share. The ex-dividend date of this dividend is Wednesday, February 26th. This represents a $18.76 annualized dividend and a dividend yield of 2.20%. This is a positive change from Equinix's previous quarterly dividend of $4.26. Equinix's dividend payout ratio (DPR) is presently 219.42%.

Insider Buying and Selling at Equinix

In other Equinix news, Chairman Charles J. Meyers sold 5,788 shares of the stock in a transaction on Thursday, January 16th. The stock was sold at an average price of $909.81, for a total transaction of $5,265,980.28. Following the sale, the chairman now owns 15,233 shares in the company, valued at $13,859,135.73. This represents a 27.53 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Raouf Abdel sold 1,331 shares of Equinix stock in a transaction on Thursday, January 16th. The shares were sold at an average price of $903.71, for a total value of $1,202,838.01. Following the completion of the transaction, the executive vice president now owns 6,579 shares of the company's stock, valued at approximately $5,945,508.09. This trade represents a 16.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 19,054 shares of company stock valued at $17,466,950 over the last three months. 0.27% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Pinney & Scofield Inc. purchased a new position in shares of Equinix during the fourth quarter worth about $28,000. Kestra Investment Management LLC bought a new position in shares of Equinix in the 4th quarter worth $31,000. Pacific Center for Financial Services increased its holdings in shares of Equinix by 65.2% in the 4th quarter. Pacific Center for Financial Services now owns 38 shares of the financial services provider's stock worth $36,000 after buying an additional 15 shares during the last quarter. J.Safra Asset Management Corp purchased a new stake in shares of Equinix during the 4th quarter valued at $39,000. Finally, Sierra Ocean LLC bought a new stake in shares of Equinix during the 4th quarter worth $42,000. Institutional investors own 94.94% of the company's stock.

About Equinix

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.