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Equinix, Inc. (REIT) (EQIX) is a leading reit-specialty business with stocks listed in the US. It opened the day at US$716.96 after a previous close of US$717.97. During the day the price has varied from a low of USD715.46 to a high of USD721.85. The latest price was USD720.995 (25 minute delay). Equinix is listed on the NASDAQ. All prices are listed in US Dollars.
How to buy shares in Equinix
- Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
- Search for Equinix. Find the share by name or ticker symbol: EQIX. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Equinix reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Equinix, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Equinix. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- Equinix key stats
- Compare share trading platforms
- Is Equinix stock a buy or sell?
- Equinix performance over time
- Can I short Equinix shares?
- Is Equinix suitable for ethical investing?
- Are Equinix shares over-valued?
- Equinix's financials
- How volatile are Equinix shares?
- Does Equinix pay a dividend?
- Have Equinix shares ever split?
- Other common questions
Equinix share priceUse our graph to track the performance of EQIX stocks over time.
Equinix shares at a glance
|52-week range||US$586.73 - US$833.2129|
|50-day moving average||US$671.5748|
|200-day moving average||US$713.6299|
|Dividend yield||US$10.64 (1.47%)|
|Earnings per share (TTM)||US$4.18|
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Is it a good time to buy Equinix stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Equinix price performance over time
|1 week (2021-04-16)||1.82%|
|1 month (2021-03-23)||6.69%|
|3 months (2021-01-22)||-0.02%|
|6 months (2020-10-22)||-7.27%|
|1 year (2020-04-22)||5.29%|
|2 years (2019-04-22)||61.21%|
|3 years (2018-04-20)||77.56%|
|5 years (2016-04-22)||123.90%|
Is Equinix under- or over-valued?
Valuing Equinix stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Equinix's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Equinix's P/E ratio
Equinix's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 172x. In other words, Equinix shares trade at around 172x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Equinix's PEG ratio
Equinix's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.7103. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Equinix's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Equinix's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$2.5 billion (£1.8 billion).
The EBITDA is a measure of a Equinix's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||US$6 billion|
|Operating margin TTM||18.1%|
|Gross profit TTM||US$2.9 billion|
|Return on assets TTM||2.65%|
|Return on equity TTM||3.8%|
|Market capitalisation||US$64.5 billion|
TTM: trailing 12 months
Shorting Equinix shares
There are currently 1.2 million Equinix shares held short by investors – that's known as Equinix's "short interest". This figure is 3.6% down from 1.2 million last month.
There are a few different ways that this level of interest in shorting Equinix shares can be evaluated.
Equinix's "short interest ratio" (SIR)
Equinix's "short interest ratio" (SIR) is the quantity of Equinix shares currently shorted divided by the average quantity of Equinix shares traded daily (recently around 627940.21164021). Equinix's SIR currently stands at 1.89. In other words for every 100,000 Equinix shares traded daily on the market, roughly 1890 shares are currently held short.
However Equinix's short interest can also be evaluated against the total number of Equinix shares, or, against the total number of tradable Equinix shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Equinix's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Equinix shares in existence, roughly 10 shares are currently held short) or 0.0153% of the tradable shares (for every 100,000 tradable Equinix shares, roughly 15 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Equinix.
Find out more about how you can short Equinix stock.
Equinix's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Equinix.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Equinix's total ESG risk score
Total ESG risk: 19.65
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Equinix's overall score of 19.65 (as at 12/31/2018) is excellent – landing it in it in the 14th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Equinix is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Equinix's environmental score
Environmental score: 10.42/100
Equinix's environmental score of 10.42 puts it squarely in the 6th percentile of companies rated in the same sector. This could suggest that Equinix is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Equinix's social score
Social score: 9.24/100
Equinix's social score of 9.24 puts it squarely in the 6th percentile of companies rated in the same sector. This could suggest that Equinix is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Equinix's governance score
Governance score: 7.48/100
Equinix's governance score puts it squarely in the 6th percentile of companies rated in the same sector. That could suggest that Equinix is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Equinix's controversy score
Controversy score: 1/5
ESG scores also evaluate any incidences of controversy that a company has been involved in. Equinix scored a 1 out of 5 for controversy – the highest score possible, reflecting that Equinix has managed to keep its nose clean.
Environmental, social, and governance (ESG) summary
|Total ESG score||19.65|
|Total ESG percentile||14.3|
|Environmental score percentile||6|
|Social score percentile||6|
|Governance score percentile||6|
|Level of controversy||1|
Equinix share dividends
Dividend payout ratio: 73.61% of net profits
Recently Equinix has paid out, on average, around 73.61% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.58% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Equinix shareholders could enjoy a 1.58% return on their shares, in the form of dividend payments. In Equinix's case, that would currently equate to about $10.64 per share.
Equinix's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Equinix's most recent dividend payout was on 16 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 22 February 2021 (the "ex-dividend date").
Have Equinix's shares ever split?
Equinix's shares were split on a 1:32 basis on 30 December 2002. So if you had owned 32 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Equinix shares – just the quantity. However, indirectly, the new 3100% higher share price could have impacted the market appetite for Equinix shares which in turn could have impacted Equinix's share price.
Equinix share price volatility
Over the last 12 months, Equinix's shares have ranged in value from as little as US$586.73 up to US$833.2129. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Equinix's is 0.2686. This would suggest that Equinix's shares are less volatile than average (for this exchange).
Equinix (Nasdaq: EQIX) is the world's digital infrastructure company, enabling digital leaders to harness a trusted platform to bring together and interconnect the foundational infrastructure that powers their success. Equinix enables today's businesses to access all the right places, partners and possibilities they need to accelerate advantage. With Equinix, they can scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value.
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