Equinix, Inc. (NASDAQ:EQIX) Receives Average Rating of “Buy” from Analysts

Shares of Equinix, Inc. (NASDAQ:EQIX) have received a consensus recommendation of “Buy” from the twenty-eight ratings firms that are presently covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold rating, nineteen have given a buy rating and five have assigned a strong buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $962.5238.

A number of research analysts recently issued reports on EQIX shares. Cowen restated a “buy” rating on shares of Equinix in a report on Thursday, July 3rd. Stifel Nicolaus reduced their price target on Equinix from $1,050.00 to $1,010.00 and set a “buy” rating on the stock in a report on Thursday, June 26th. BMO Capital Markets downgraded Equinix from an “outperform” rating to a “market perform” rating and reduced their price target for the company from $1,045.00 to $850.00 in a report on Thursday, June 26th. Dbs Bank raised Equinix to a “moderate buy” rating in a research report on Wednesday, August 6th. Finally, Wolfe Research cut Equinix from an “outperform” rating to a “peer perform” rating in a research report on Monday, June 9th.

Insider Activity at Equinix

In other Equinix news, Director Christopher B. Paisley sold 75 shares of Equinix stock in a transaction that occurred on Monday, August 18th. The stock was sold at an average price of $781.50, for a total transaction of $58,612.50. Following the sale, the director directly owned 17,832 shares of the company’s stock, valued at approximately $13,935,708. The trade was a 0.42% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Raouf Abdel sold 404 shares of Equinix stock in a transaction that occurred on Tuesday, September 9th. The shares were sold at an average price of $771.11, for a total value of $311,528.44. Following the sale, the executive vice president directly owned 6,378 shares in the company, valued at approximately $4,918,139.58. The trade was a 5.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.27% of the company’s stock.

Institutional Investors Weigh In On Equinix

Hedge funds and other institutional investors have recently modified their holdings of the stock. Brighton Jones LLC boosted its holdings in Equinix by 28.9% in the 4th quarter. Brighton Jones LLC now owns 326 shares of the financial services provider’s stock worth $307,000 after buying an additional 73 shares during the period. Park Square Financial Group LLC bought a new position in shares of Equinix during the 4th quarter valued at about $49,000. Milestone Asset Management Group LLC purchased a new position in Equinix in the fourth quarter worth about $248,000. MassMutual Private Wealth & Trust FSB grew its position in Equinix by 10.2% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 820 shares of the financial services provider’s stock worth $669,000 after acquiring an additional 76 shares in the last quarter. Finally, Franchise Capital Ltd purchased a new stake in Equinix in the 1st quarter worth about $116,000. 94.94% of the stock is currently owned by hedge funds and other institutional investors.

Equinix Stock Down 0.2%

EQIX opened at $772.60 on Friday. The company has a market cap of $75.61 billion, a P/E ratio of 75.67, a P/E/G ratio of 1.38 and a beta of 0.92. The business’s 50-day moving average price is $782.63 and its 200-day moving average price is $814.92. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 1.29. Equinix has a 12 month low of $701.41 and a 12 month high of $994.03.

Equinix (NASDAQ:EQIX) last announced its quarterly earnings results on Wednesday, July 30th. The financial services provider reported $9.91 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.49 by $6.42. Equinix had a return on equity of 7.22% and a net margin of 11.11%.The company had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $2.26 billion. During the same quarter in the previous year, the business earned $9.22 EPS. Equinix’s revenue was up 4.5% compared to the same quarter last year. Equinix has set its Q3 2025 guidance at EPS. FY 2025 guidance at 37.670-38.480 EPS. On average, equities analysts expect that Equinix will post 33.1 EPS for the current year.

Equinix Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 17th. Shareholders of record on Wednesday, August 20th were given a dividend of $4.69 per share. This represents a $18.76 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Wednesday, August 20th. Equinix’s payout ratio is presently 183.74%.

Equinix Company Profile

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.