Latest news with #EQIX
Business Insider
03-07-2025
- Business
- Business Insider
TD Cowen Sticks to Its Buy Rating for Equinix (EQIX)
TD Cowen analyst Gregory Williams reiterated a Buy rating on Equinix today and set a price target of $974.00. The company's shares opened today at $797.69. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Williams covers the Communication Services sector, focusing on stocks such as AT&T, Charter Communications, and T Mobile US. According to TipRanks, Williams has an average return of -2.9% and a 47.37% success rate on recommended stocks. In addition to TD Cowen, Equinix also received a Buy from Goldman Sachs's James Schneider in a report issued yesterday. However, on June 29, BMO Capital maintained a Hold rating on Equinix (NASDAQ: EQIX). EQIX market cap is currently $77.8B and has a P/E ratio of 82.64. Based on the recent corporate insider activity of 76 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EQIX in relation to earlier this year. Most recently, in May 2025, Raouf Abdel, the EVP, Global Operations of EQIX sold 1,316.00 shares for a total of $1,144,920.00.
Yahoo
01-07-2025
- Business
- Yahoo
Equinix (EQIX) Outperforms Broader Market: What You Need to Know
In the latest close session, Equinix (EQIX) was up +1.32% at $795.47. The stock's change was more than the S&P 500's daily gain of 0.52%. On the other hand, the Dow registered a gain of 0.63%, and the technology-centric Nasdaq increased by 0.48%. Shares of the data center operator have depreciated by 11.67% over the course of the past month, underperforming the Finance sector's gain of 2.2%, and the S&P 500's gain of 4.27%. The investment community will be paying close attention to the earnings performance of Equinix in its upcoming release. The company's upcoming EPS is projected at $9.2, signifying a 0.22% drop compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $2.26 billion, showing a 4.47% escalation compared to the year-ago quarter. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $37.76 per share and a revenue of $9.21 billion, indicating changes of +7.82% and +5.24%, respectively, from the former year. Investors should also take note of any recent adjustments to analyst estimates for Equinix. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.18% lower. Equinix is currently a Zacks Rank #3 (Hold). Valuation is also important, so investors should note that Equinix has a Forward P/E ratio of 20.79 right now. This signifies a premium in comparison to the average Forward P/E of 13.27 for its industry. We can additionally observe that EQIX currently boasts a PEG ratio of 1. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. As the market closed yesterday, the REIT and Equity Trust - Retail industry was having an average PEG ratio of 2.94. The REIT and Equity Trust - Retail industry is part of the Finance sector. Currently, this industry holds a Zacks Industry Rank of 96, positioning it in the top 40% of all 250+ industries. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Remember to apply to follow these and more stock-moving metrics during the upcoming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Equinix, Inc. (EQIX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-06-2025
- Business
- Yahoo
Raymond James Downgrades Equinix (EQIX) to Market Perform from Strong Buy
Equinix, Inc. (NASDAQ:EQIX) is one of the 11 Best Strong Buy Stocks to Invest in Now. On June 26, Raymond James analyst Frank Louthan double downgraded Equinix, Inc. (NASDAQ:EQIX) to Market Perform from Strong Buy without a price target after analyst day. The analyst stated that Equinix, Inc. (NASDAQ:EQIX) is in the middle of a multi-year shift in its business as it is endeavoring to position itself better for AI-based demand by doubling its capacity. A team of IT professionals working on a digital platform, indicating the company's agile digital services. Louthan told investors in a research note that although these changes are likely to prove beneficial for the company in the long term, saying that 'there will be some pain out of the gate, as indicated by the front end of the guidance.' The firm further stated that Equinix, Inc. (NASDAQ:EQIX) has 'muted' growth rates in the short term, and the spending outlook has a material uptick over the coming years as the company focuses on doubling its overall capacity. Equinix, Inc. (NASDAQ:EQIX) is a digital infrastructure company with a platform that interconnects foundational infrastructure. Its offerings include interconnection services, digital services, data center services, and support services. The company operates through the following geographical segments: Americas, Europe, Middle East, and Africa, and Asia-Pacific. While we acknowledge the potential of EQIX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Sign in to access your portfolio
Yahoo
18-06-2025
- Business
- Yahoo
Equinix's Rising Cash Flow Positions It as a Next Generation Dividend Aristocrat
Equinix, Inc. (NASDAQ:EQIX) is one of the . The company may be better known for its real estate investment trust (REIT) operations than for its dividends, but its dividend profile is gaining serious attention. Analysts are increasingly optimistic about the company's ability to grow its payouts, especially since REITs are often among the most attractive dividend-paying investments. A team of IT professionals working on a digital platform, indicating the company's agile digital services. Since transitioning to a REIT in 2015, Equinix, Inc. (NASDAQ:EQIX) has raised its dividend every year. With demand for data center space accelerating due to ongoing digitalization, the company projects annual revenue growth of 8% to 10% through 2027, reaching around $12 billion. This growth is expected to fuel a 7% to 10% yearly increase in adjusted funds from operations (FFO) per share. Backed by this rising cash flow and a payout ratio of over 67%, Equinix, Inc. (NASDAQ:EQIX) expects that it can grow its dividend at an annual rate of over 10% in the coming years. The company also expects to pay out $1.8 billion in dividends in 2025. In the past five years, Equinix, Inc. (NASDAQ:EQIX) has raised its payouts by nearly 12%, and it currently offers a quarterly dividend of $4.69 per share. The stock has a dividend yield of 2.10%, as of June 14. While we acknowledge the potential of EQIX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Insider
02-06-2025
- Business
- Business Insider
Citi Remains a Buy on Equinix (EQIX)
Citi analyst Michael Rollins maintained a Buy rating on Equinix (EQIX – Research Report) on May 30 and set a price target of $990.00. Confident Investing Starts Here: According to TipRanks, Rollins is a 5-star analyst with an average return of 12.4% and a 68.06% success rate. Rollins covers the Communication Services sector, focusing on stocks such as T Mobile US, AT&T, and Charter Communications. In addition to Citi, Equinix also received a Buy from DBS's Sachin Mittal in a report issued on May 27. However, on the same day, Barclays maintained a Hold rating on Equinix (NASDAQ: EQIX). Based on Equinix's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.23 billion and a net profit of $343 million. In comparison, last year the company earned a revenue of $2.13 billion and had a net profit of $231 million Based on the recent corporate insider activity of 72 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EQIX in relation to earlier this year. Last month, Raouf Abdel, the EVP, Global Operations of EQIX sold 1,316.00 shares for a total of $1,144,920.00.
