Equinix (EQIX)
(Real Time Quote from BATS)
$887.18 USD
+5.26 (0.60%)
Updated Sep 24, 2024 12:20 PM ET
3-Hold of 5 3
F Value C Growth D Momentum F VGM
Company Summary
Incorporated on Jun 22, 1998, Equinix, Inc. is a global digital infrastructure company. Its U.S. headquarters is in Redwood City, CA. The company has two more regional headquarters in Amsterdam and Hong Kong. It became a real estate investment trust (REIT) in taxable year 2015. In June 2023, Equinix was included in the Fortune 500 list of the largest companies in the U.S.
The Platform Equinix combines a global footprint of International Business Exchange or IBX data centers, interconnection solutions and edge services for ‘deploying’ network. It also includes unique business, digital ecosystems and expert ...
Company Summary
Incorporated on Jun 22, 1998, Equinix, Inc. is a global digital infrastructure company. Its U.S. headquarters is in Redwood City, CA. The company has two more regional headquarters in Amsterdam and Hong Kong. It became a real estate investment trust (REIT) in taxable year 2015. In June 2023, Equinix was included in the Fortune 500 list of the largest companies in the U.S.
The Platform Equinix combines a global footprint of International Business Exchange or IBX data centers, interconnection solutions and edge services for ‘deploying’ network. It also includes unique business, digital ecosystems and expert consulting and support.
Equinix operates in three reportable segments comprising the Americas (44.4% of total revenues for the first half of 2024), Middle East and Africa [EMEA] (33.8%) and Asia-Pacific geographic regions (21.8%).
Through its 264 IBX data centers, in 72 metros across 33 countries, customers can connect and satisfy their critical traffic exchange requirements. These customers rely on Equinix's IBX centers for their critical interconnection relationships.
Equinix’s business is based on a recurring revenue model (94.1% of total revenues for the first half of 2024) comprising colocation, related interconnection and managed IT infrastructure services. These services are considered to be recurring, as customers are billed at fixed rates on a recurring basis through the life of the respective contracts, which generally run for one to three years.
Non-recurring revenues (5.9%) comprise installation services related to initial deployment and professional services. Also, revenues from customer settlements [fees paid for terminating contracts before expiry] are treated as contract modifications. These services are typically billed only upon the completion of the installation or performance of services.
Note: All EPS numbers presented in this report represents funds from operations (FFO) per share. FFO, a widely used metric to gauge the performance of REITs, is obtained after adding depreciation and amortization and other non-cash expenses to net income.
General Information
Equinix, Inc
ONE LAGOON DRIVE
REDWOOD CITY, CA 94065
Phone: 650-598-6000
Fax: 650-598-6900
Email: invest@equinix.com
Industry | REIT and Equity Trust - Retail |
Sector | Finance |
Fiscal Year End | December |
Last Reported Quarter | 6/30/2024 |
Exp Earnings Date | 10/23/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 8.69 |
Current Year EPS Consensus Estimate | 35.10 |
Estimated Long-Term EPS Growth Rate | 13.20 |
Exp Earnings Date | 10/23/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 881.92 |
52 Week High | 914.93 |
52 Week Low | 677.80 |
Beta | 0.71 |
20 Day Moving Average | 427,389.91 |
Target Price Consensus | 908.70 |
4 Week | 7.70 |
12 Week | 16.09 |
YTD | 9.50 |
4 Week | 5.78 |
12 Week | 11.15 |
YTD | -8.66 |
Shares Outstanding (millions) | 94.94 |
Market Capitalization (millions) | 83,733.88 |
Short Ratio | NA |
Last Split Date | 12/31/2002 |
Dividend Yield | 1.93% |
Annual Dividend | $17.04 |
Payout Ratio | 0.51 |
Change in Payout Ratio | 0.06 |
Last Dividend Payout / Amount | 8/21/2024 / $4.26 |
Fundamental Ratios
P/E (F1) | 25.12 |
Trailing 12 Months | 26.27 |
PEG Ratio | 1.90 |
vs. Previous Year | 14.68% |
vs. Previous Quarter | 4.06% |
vs. Previous Year | 6.97% |
vs. Previous Quarter | 1.50% |
Price/Book | 6.82 |
Price/Cash Flow | 29.23 |
Price / Sales | 9.90 |
6/30/24 | 8.46 |
3/31/24 | 7.73 |
12/31/23 | 8.01 |
6/30/24 | 3.21 |
3/31/24 | 2.95 |
12/31/23 | 3.05 |
6/30/24 | 1.22 |
3/31/24 | 1.10 |
12/31/23 | 1.13 |
6/30/24 | 1.22 |
3/31/24 | 1.10 |
12/31/23 | 1.13 |
6/30/24 | 12.24 |
3/31/24 | 11.32 |
12/31/23 | 11.84 |
6/30/24 | 12.24 |
3/31/24 | 11.32 |
12/31/23 | 11.84 |
6/30/24 | 14.09 |
3/31/24 | 13.07 |
12/31/23 | 13.73 |
6/30/24 | 129.37 |
3/31/24 | 129.98 |
12/31/23 | 133.02 |
6/30/24 | NA |
3/31/24 | NA |
12/31/23 | NA |
6/30/24 | 1.26 |
3/31/24 | 1.19 |
12/31/23 | 1.19 |
6/30/24 | 55.73 |
3/31/24 | 54.47 |
12/31/23 | 54.36 |