Equinix Inc

Company Profile

Equinix Inc had its IPO on 2000-08-11 under the ticker symbol EQIX.

The company operates in the Real Estate sector and REIT-Specialty industry. Equinix Inc has a staff strength of 12,097 employees.

Stock update

Shares of Equinix Inc opened at $769.22 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $768.62 - $777.44, and closed at $773.1.

This is a -0.2% slip from the previous day's closing price.

A total volume of 292,944 shares were traded at the close of the day’s session.

In the last one week, shares of Equinix Inc have slipped by -0.57%.

Equinix Inc's Key Ratios

Equinix Inc has a market cap of $70.43 billion, indicating a price to book ratio of 5.8357 and a price to sales ratio of 9.6788.

In the last 12-months Equinix Inc’s revenue was $6.99 billion with a gross profit of $2.97 billion and an EBITDA of $2.56 billion. The EBITDA ratio measures Equinix Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Equinix Inc’s operating margin was 11.45% while its return on assets stood at 1.69% with a return of equity of 7.1%.

In Q1, Equinix Inc’s quarterly earnings growth was a positive 71% while revenue growth was a positive 15.2%.

Equinix Inc’s PE and PEG Ratio

Forward PE

72.4638

Trailing PE

84.9978

PEG

3.3281

Its diluted EPS in the last 12-months stands at $8.86 per share while it has a forward price to earnings multiple of 72.4638 and a PEG multiple of 3.3281. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Equinix Inc’s profitability.

Equinix Inc stock is trading at a EV to sales ratio of 11.0749 and a EV to EBITDA ratio of 27.26. Its price to sales ratio in the trailing 12-months stood at 9.6788.

Equinix Inc stock pays annual dividends of $12.71 per share, indicating a yield of 1.81% and a payout ratio of 147.45%.

Balance sheet and cash flow metrics

Total Assets

$31.27 billion

Total Liabilities

$1.75 billion

Operating Cash Flow

$-522136000.00

Capital Expenditure

$529.60 million

Dividend Payout Ratio

147.45%

Equinix Inc ended 2024 with $31.27 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $31.27 billion while shareholder equity stood at $12.03 billion.

Equinix Inc ended 2024 with $0 in deferred long-term liabilities, $1.75 billion in other current liabilities, 94000.00 in common stock, $-4415571000.00 in retained earnings and $5.71 billion in goodwill. Its cash balance stood at $2.64 billion and cash and short-term investments were $2.64 billion. The company’s total short-term debt was $306,874,000 while long-term debt stood at $13.36 billion.

Equinix Inc’s total current assets stands at $3.99 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $913.41 million compared to accounts payable of $933.29 million and inventory worth $0.

In 2024, Equinix Inc's operating cash flow was $-522136000.00 while its capital expenditure stood at $529.60 million.

Comparatively, Equinix Inc paid $1.47 in dividends in 2024.

Other key metrics

Current Trading Price

$773.1

52-Week High

$762.69

52-Week Low

$487.8084

Analyst Target Price

$792.86

Equinix Inc stock is currently trading at $773.1 per share. It touched a 52-week high of $762.69 and a 52-week low of $762.69. Analysts tracking the stock have a 12-month average target price of $792.86.

Its 50-day moving average was $779.79 and 200-day moving average was $722.25 The short ratio stood at 4.12 indicating a short percent outstanding of 0%.

Around 32.9% of the company’s stock are held by insiders while 9663.2% are held by institutions.