Equinix Stock Buy Hold or Sell Recommendation

EQIX Stock  USD 825.33  10.02  1.23%   
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Equinix is 'Hold'. Macroaxis provides Equinix buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Equinix positions. The advice algorithm takes into account all of Equinix's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Equinix's buy or sell advice are summarized below:
Real Value
836.44
Target Price
840.43
Hype Value
816.27
Market Value
825.33
Naive Value
779.23
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Equinix given historical horizon and risk tolerance towards Equinix. When Macroaxis issues a 'buy' or 'sell' recommendation for Equinix, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out Equinix Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more information on how to buy Equinix Stock please use our How to Invest in Equinix guide.
In addition, we conduct extensive research on individual companies such as Equinix and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Equinix. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

Execute Equinix Buy or Sell Advice

The Equinix recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Equinix. Macroaxis does not own or have any residual interests in Equinix or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Equinix's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell EquinixBuy Equinix
Hold

Market Performance

WeakDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

Very SmallDetails

Economic Sensitivity

Responds to the marketDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

Strong BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

Not RatedDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Equinix has a Risk Adjusted Performance of 0.0228, Jensen Alpha of (0.13), Total Risk Alpha of (0.29), Sortino Ratio of (0.07) and Treynor Ratio of 0.0247
Macroaxis provides advice on Equinix to complement and cross-verify current analyst consensus on Equinix. Our investment recommendation engine determines the company's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Equinix is not overpriced, please confirm all Equinix fundamentals, including its ebitda, target price, net asset, as well as the relationship between the current ratio and working capital . Given that Equinix has a price to book of 6.07 X, we urge you to verify Equinix market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

Equinix Trading Alerts and Improvement Suggestions

Equinix is unlikely to experience financial distress in the next 2 years
Over 99.0% of the company shares are held by institutions such as insurance companies
On 20th of March 2024 Equinix paid $ 4.26 per share dividend to its current shareholders
Latest headline from bizjournals.com: Daily Digest Judge tosses Musk lawsuit REIT addresses financial allegations

Equinix Returns Distribution Density

The distribution of Equinix's historical returns is an attempt to chart the uncertainty of Equinix's future price movements. The chart of the probability distribution of Equinix daily returns describes the distribution of returns around its average expected value. We use Equinix price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Equinix returns is essential to provide solid investment advice for Equinix.
Mean Return
0.04
Value At Risk
-2.14
Potential Upside
2.16
Standard Deviation
1.44
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Equinix historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Equinix Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Equinix is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Equinix backward and forwards among themselves. Equinix's institutional investor refers to the entity that pools money to purchase Equinix's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
T. Rowe Price Associates, Inc.2023-12-31
1.3 M
Legal & General Group Plc2023-12-31
1.3 M
Dimensional Fund Advisors, Inc.2023-12-31
1.3 M
Jpmorgan Chase & Co2023-12-31
1.3 M
Capital Research Global Investors2023-12-31
1.1 M
Wellington Management Company Llp2023-12-31
992.4 K
Pictet Asset Manangement Sa2023-12-31
991.6 K
Northern Trust Corp2023-12-31
989.3 K
Charles Schwab Investment Management Inc2023-12-31
959 K
Vanguard Group Inc2023-12-31
12.3 M
Blackrock Inc2023-12-31
9.3 M
Note, although Equinix's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Equinix Cash Flow Accounts

201920202021202220232024 (projected)
Change In Cash1.3B(260.9M)(76.2M)358.8M188.1M197.5M
Free Cash Flow(86.8M)27.3M(204.3M)685.2M562.1M590.2M
Depreciation1.3B1.4B1.7B1.7B1.8B1.9B
Capital Expenditures2.1B2.3B2.8B2.3B2.8B2.9B
Net Income507.2M370.1M499.7M704.6M969.2M1.0B
End Period Cash Flow1.9B1.6B1.5B1.9B2.1B2.2B
Other Non Cash Items32.7M33.8M51.6M88.8M82.5M86.6M
Change To Inventory(15.9M)(3.1M)10.8M(64.6M)(74.3M)(70.6M)
Investments(20.5M)(98.4M)(103.5M)(3.4B)(3.0B)(2.9B)
Change Receivables(26.9M)25.4M(1.9M)(153.4M)(138.1M)(131.2M)
Net Borrowings451.7M664.7M1.0B1.3B1.5B839.9M
Dividends Paid836.2M947.9M1.0B1.2B(1.4B)(1.3B)
Change To Netincome280.9M468.5M502.6M478.1M549.8M577.3M

Equinix Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Equinix or Diversified REITs sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Equinix's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Equinix stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.13
β
Beta against NYSE Composite1.34
σ
Overall volatility
1.49
Ir
Information ratio -0.06

Equinix Volatility Alert

Equinix has relatively low volatility with skewness of 0.49 and kurtosis of 1.06. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Equinix's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Equinix's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

Equinix Fundamentals Vs Peers

Comparing Equinix's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Equinix's direct or indirect competition across all of the common fundamentals between Equinix and the related equities. This way, we can detect undervalued stocks with similar characteristics as Equinix or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Equinix's fundamental indicators could also be used in its relative valuation, which is a method of valuing Equinix by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Equinix to competition
FundamentalsEquinixPeer Average
Return On Equity0.0807-0.31
Return On Asset0.0201-0.14
Profit Margin0.12 %(1.27) %
Operating Margin0.11 %(5.51) %
Current Valuation91.12 B16.62 B
Shares Outstanding94.62 M571.82 M
Shares Owned By Insiders0.32 %10.09 %
Shares Owned By Institutions98.65 %39.21 %
Number Of Shares Shorted1.39 M4.71 M
Price To Earning87.82 X28.72 X
Price To Book6.07 X9.51 X
Price To Sales9.76 X11.42 X
Revenue8.19 B9.43 B
Gross Profit2.97 B27.38 B
EBITDA3.32 B3.9 B
Net Income969.18 M570.98 M
Cash And Equivalents2.5 B2.7 B
Cash Per Share27.02 X5.01 X
Total Debt17.46 B5.32 B
Debt To Equity1.44 %48.70 %
Current Ratio2.37 X2.16 X
Book Value Per Share132.19 X1.93 K
Cash Flow From Operations3.34 B971.22 M
Short Ratio2.11 X4.00 X
Earnings Per Share10.33 X3.12 X
Price To Earnings To Growth5.30 X4.89 X
Target Price928.75
Number Of Employees13.15 K18.84 K
Beta0.59-0.15
Market Capitalization75.7 B19.03 B
Total Asset32.65 B29.47 B
Retained Earnings(4.76 B)9.33 B
Working Capital405.45 M1.48 B
Note: Bona fide gift to Van Camp Peter of 261 shares of Equinix subject to Section 16 [view details]

Equinix Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Equinix . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About Equinix Buy or Sell Advice

When is the right time to buy or sell Equinix? Buying financial instruments such as Equinix Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total15.0B16.5B17.5B18.3B
Total Assets27.9B30.3B32.7B34.3B

Use Investing Ideas to Build Portfolios

In addition to having Equinix in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Marketing Thematic Idea Now

Marketing
Marketing Theme
Companies providing marketing and public relation (PR) services as well as news and media distribution. The Marketing theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Marketing Theme or any other thematic opportunities.
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When determining whether Equinix offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Equinix's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Equinix Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Equinix Stock:
Check out Equinix Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
For more information on how to buy Equinix Stock please use our How to Invest in Equinix guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Equinix Stock analysis

When running Equinix's price analysis, check to measure Equinix's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Equinix is operating at the current time. Most of Equinix's value examination focuses on studying past and present price action to predict the probability of Equinix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equinix's price. Additionally, you may evaluate how the addition of Equinix to your portfolios can decrease your overall portfolio volatility.
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Fundamental Analysis
View fundamental data based on most recent published financial statements
Is Equinix's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Equinix. If investors know Equinix will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Equinix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.731
Dividend Share
14.49
Earnings Share
10.33
Revenue Per Share
82.834
Quarterly Revenue Growth
0.154
The market value of Equinix is measured differently than its book value, which is the value of Equinix that is recorded on the company's balance sheet. Investors also form their own opinion of Equinix's value that differs from its market value or its book value, called intrinsic value, which is Equinix's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Equinix's market value can be influenced by many factors that don't directly affect Equinix's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Equinix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equinix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equinix's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.