Equinix Stock Today

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Stock . Equinix
EQIX Stock  USD 687.94  1.51  0.22%   

Market Performance

3 of 100

Odds Of Distress

Less than 29

Equinix is trading at 687.94 as of the 22nd of March 2023; that is -0.22 percent decrease since the beginning of the trading day. The stock's open price was 689.45. Equinix has about a 29 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Equinix are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of February 2023 and ending today, the 22nd of March 2023. Click here to learn more.
CUSIP
29444U106
Fiscal Year End
December
Business Domain
Real Estate
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 92.78 M outstanding shares of which 1.51 M shares are currently shorted by private and institutional investors with about 3.97 trading days to cover. More on Equinix

Moving together with Equinix

+0.71HASIHannon Armstrong Sus Fiscal Quarter End 31st of March 2023 PairCorr

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 PresCharles Meyers
SEC FilingsEquinix Security & Exchange Commission EDGAR Reports
Thematic Ideas
Showing 3 out of 4 themes
Fama & French Classification
Real Estate
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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.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Equinix based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Equinix financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted90.3 M91.8 M
Fairly Down
Up
Slightly volatile
Weighted Average Shares89.6 M91.6 M
Fairly Down
Up
Slightly volatile
Return on Average Assets0.02020.024
Fairly Down
Up
Very volatile
Net Cash Flow from Operations2.4 B3 B
Significantly Down
Up
Slightly volatile
Current Liabilities1.7 B1.8 B
Notably Down
Up
Slightly volatile
Total Liabilities16.3 B18.8 B
Fairly Down
Up
Slightly volatile
Gross Margin0.460.483
Sufficiently Down
Down
Slightly volatile
Total Debt14.2 B16.5 B
Fairly Down
Up
Slightly volatile
Asset Turnover0.250.249
Slightly Up
Down
Slightly volatile
Current Assets3 B3.3 B
Moderately Down
Up
Slightly volatile
Total Assets26.1 B30.3 B
Fairly Down
Up
Slightly volatile
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Equinix's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Financial Strength
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 12.75 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.

Operating Cash Flow

2.45 Billion
Equinix (EQIX) is traded on NASDAQ Exchange in USA. It is located in One Lagoon Drive, Redwood City, CA, United States, 94065 and employs 12,097 people. Equinix is listed under Equity Real Estate Investment Trusts (REITs) category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 63.83 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 Equity Real Estate Investment Trusts (REITs) sector and is part of Real Estate industry. The entity has 92.78 M outstanding shares of which 1.51 M shares are currently shorted by private and institutional investors with about 3.97 trading days to cover. Equinix currently holds about 2.5 B in cash with 2.96 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 27.02.
Check Equinix Probability Of Bankruptcy
Ownership
Equinix retains a total of 92.78 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 about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation

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 62.25%. 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 1.1037 suggesting Equinix market returns are sensitive to returns on the market. As the market goes up or down, Equinix is expected to follow. Additionally, the company has an alpha of 0.0375, implying that it can generate a 0.0375 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 687.94HorizonTargetOdds Above 687.94
37.46%90 days
 687.94 
62.25%
Based on a normal probability distribution, the odds of Equinix to move above the current price in 90 days from now is about 62.25 (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.
InstituionTypeSharesValue
Zweigdimenna Associates LlcCommon Shares35.7 K15.9 M
Zweigdimenna Associates LlcCommon Shares14.8 K5.3 M
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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.
Equinix Direct Expenses is fairly stable at the moment as compared to the past year. Equinix reported Direct Expenses of 3.75 Billion in 2022. Consolidated Income is likely to rise to about 760.2 M in 2023, whereas Cost of Revenue is likely to drop slightly above 3.2 B in 2023. View More Fundamentals
Consolidated Income  Earning Before Interest and Taxes EBIT  Net Income  

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.
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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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Portfolio Holdings

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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, 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. 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.

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 Shape 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.
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Complementary Tools for analysis

When running Equinix price analysis, check to measure Equinix's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Equinix is operating at the current time. Most of Equinix's value examination focuses on studying past and present price action to predict the probability of Equinix's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Equinix's price. Additionally, you may evaluate how the addition of Equinix to your portfolios can decrease your overall portfolio volatility.
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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
0.024
Dividend Share
12.4
Earnings Share
7.65
Revenue Per Share
73.422
Quarterly Revenue Growth
0.071
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.
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Z Score
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Piotroski
F Score
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Beneish
M Score
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Financial
Analysis
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Buy or Sell
Advice
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Earnings
Projections
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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 Equinix value 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.
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