Equinix Stock Today

EQIX Stock  USD 738.43  3.87  0.53%   

Performance

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Odds Of Distress

Less than 9

 
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Equinix is trading at 738.43 as of the 18th of April 2024; that is 0.53 percent increase since the beginning of the trading day. The stock's open price was 734.56. Equinix has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Equinix are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of April 2022 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
11th of August 2000
Category
Real Estate
Equinix is the worlds digital infrastructure company, enabling digital leaders to harness a trusted platform to bring together and interconnect the foundational infrastructure that powers their success. With Equinix, they can scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value. The company has 94.9 M outstanding shares of which 2.04 M shares are currently shorted by private and institutional investors with about 2.62 trading days to cover. More on Equinix

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Equinix Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Equinix's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Equinix or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Equinix's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Equinix's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEO PresidentCharles Meyers
Thematic Ideas
Showing 3 out of 4 themes
Business ConcentrationDiversified REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, SP 500 Index, NASDAQ Composite, NASDAQ Composite Total, Investing, Macroaxis Index, Impulse, Real Estate, Diversified REITs, REIT—Specialty, Real Estate (View all Sectors)
Average Analyst Recommendation
Analysts covering Equinix report their recommendations after researching Equinix's financial statements, talking to executives and customers, or listening in on Equinix's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Equinix. The Equinix consensus assessment is calculated by taking the average forecast from all of the analysts covering Equinix.
Equinix's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Equinix's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Equinix's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Equinix's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Equinix's financial leverage. It provides some insight into what part of Equinix's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Equinix's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Equinix deploys its capital and how much of that capital is borrowed.
Liquidity
Equinix cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 17.46 B in liabilities with Debt to Equity (D/E) ratio of 1.44, which is about average as compared to similar companies. Equinix has a current ratio of 2.32, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Equinix until it has trouble settling it off, either with new capital or with free cash flow. So, Equinix's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Equinix sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Equinix to invest in growth at high rates of return. When we think about Equinix's use of debt, we should always consider it together with cash and equity.

Total Cash From Financing Activities

56.91 Million
Equinix (EQIX) is traded on NASDAQ Exchange in USA. It is located in One Lagoon Drive, Redwood City, CA, United States, 94065-1562 and employs 13,151 people. Equinix is listed under Diversified REITs category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 70.57 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Equinix's market, we take the total number of its shares issued and multiply it by Equinix's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Equinix conducts business under Diversified REITs sector and is part of Real Estate industry. The entity has 94.9 M outstanding shares of which 2.04 M shares are currently shorted by private and institutional investors with about 2.62 trading days to cover. Equinix currently holds about 2.5 B in cash with 3.34 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 27.02.
Check Equinix Probability Of Bankruptcy
Ownership Allocation
Equinix holds a total of 94.9 Million outstanding shares. The majority of Equinix outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Equinix to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Equinix. Please pay attention to any change in the institutional holdings of Equinix as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Equinix Ownership Details

Equinix Stock Price Odds Analysis

Based on a normal probability distribution, the odds of Equinix jumping above the current price in 90 days from now is about 98.0%. The Equinix probability density function shows the probability of Equinix stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.394 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Equinix will likely underperform. Additionally, equinix has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 738.43HorizonTargetOdds Above 738.43
1.70%90 days
 738.43 
98.27%
Based on a normal probability distribution, the odds of Equinix to move above the current price in 90 days from now is about 98.0 (This Equinix probability density function shows the probability of Equinix Stock to fall within a particular range of prices over 90 days) .

Equinix Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Equinix that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Equinix's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Equinix's value.
InstituionRecorded OnShares
T. Rowe Price Associates, Inc.2023-12-31
1.3 M
Legal & General Group Plc2023-12-31
1.3 M
Dimensional Fund Advisors, Inc.2023-12-31
1.3 M
Jpmorgan Chase & Co2023-12-31
1.3 M
Capital Research Global Investors2023-12-31
1.1 M
Wellington Management Company Llp2023-12-31
992.4 K
Pictet Asset Manangement Sa2023-12-31
991.6 K
Northern Trust Corp2023-12-31
989.3 K
Charles Schwab Investment Management Inc2023-12-31
959 K
Vanguard Group Inc2023-12-31
12.3 M
Blackrock Inc2023-12-31
9.3 M
View Equinix Diagnostics

Equinix Historical Income Statement

Equinix Income Statement is one of the three primary financial statements used for reporting Equinix's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Equinix revenue and expense. Equinix Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Equinix's Net Income is fairly stable compared to the past year. Income Tax Expense is likely to rise to about 163 M in 2024, despite the fact that Total Other Income Expense Net is likely to grow to (335.9 M). View More Fundamentals

Equinix Stock Against Markets

Picking the right benchmark for Equinix stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Equinix stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Equinix is critical whether you are bullish or bearish towards Equinix at a given time. Please also check how Equinix's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Equinix without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Equinix Corporate Directors

Equinix corporate directors refer to members of an Equinix board of directors. The board of directors generally takes responsibility for the Equinix's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Equinix's board members must vote for the resolution. The Equinix board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Scott KriensIndependent DirectorProfile
John HughesDirectorProfile
Christopher PaisleyLead Independent DirectorProfile
William LubyIndependent DirectorProfile

How to buy Equinix Stock?

Before investing in Equinix, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Equinix. To buy Equinix stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Equinix. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Equinix stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Equinix stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Equinix stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Equinix, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Equinix Stock please use our How to Invest in Equinix guide.

Already Invested in Equinix?

The danger of trading Equinix is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Equinix is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Equinix. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Equinix is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Equinix offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Equinix's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Equinix Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Equinix Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more information on how to buy Equinix Stock please use our How to Invest in Equinix guide.
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Is Equinix's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Equinix. If investors know Equinix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Equinix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.731
Dividend Share
14.49
Earnings Share
10.32
Revenue Per Share
82.834
Quarterly Revenue Growth
0.154
The market value of Equinix is measured differently than its book value, which is the value of Equinix that is recorded on the company's balance sheet. Investors also form their own opinion of Equinix's value that differs from its market value or its book value, called intrinsic value, which is Equinix's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Equinix's market value can be influenced by many factors that don't directly affect Equinix's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Equinix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equinix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equinix's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.