Equinix Stock Today

EQIX Stock  USD 936.37  12.77  1.38%   

Performance

16 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
Equinix is trading at 936.37 as of the 23rd of November 2024; that is 1.38 percent increase since the beginning of the trading day. The stock's open price was 923.6. Equinix has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Note, on October 8, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Equinix's common stock.
Business Domain
Equity Real Estate Investment Trusts (REITs)
IPO Date
11th of August 2000
Category
Real Estate
Equinix is the worlds digital infrastructure company, enabling digital leaders to harness a trusted platform to bring together and interconnect the foundational infrastructure that powers their success. With Equinix, they can scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value. The company has 96.49 M outstanding shares of which 1.34 M shares are currently shorted by private and institutional investors with about 3.24 trading days to cover. More on Equinix

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Equinix Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentAdaire FoxMartin
Thematic Ideas
Showing 3 out of 4 themes
Business ConcentrationSpecialized REITs, Equity Real Estate Investment Trusts (REITs), Real Estate, SP 500 Index, NASDAQ Composite, Investing, Impulse, Macroaxis Index, Real Estate, Specialized REITs, REIT—Specialty, Real Estate (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.190.2508
Way Down
Very volatile
Gross Profit Margin0.460.4837
Notably Down
Slightly volatile
Total Current Liabilities3.3 B3.2 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total17.8 B17 B
Sufficiently Up
Slightly volatile
Total Assets34.3 B32.7 B
Sufficiently Up
Slightly volatile
Total Current Assets3.7 B3.6 B
Sufficiently Up
Slightly volatile
Debt Levels
Equinix can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Equinix's financial leverage. It provides some insight into what part of Equinix's total assets is financed by creditors.
Liquidity
Equinix currently holds 17.46 B in liabilities with Debt to Equity (D/E) ratio of 1.44, which is about average as compared to similar companies. Equinix has a current ratio of 2.32, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Equinix's use of debt, we should always consider it together with its cash and equity.

Total Cash From Financing Activities

56.91 Million
Equinix (EQIX) is traded on NASDAQ Exchange in USA. It is located in One Lagoon Drive, Redwood City, CA, United States, 94065-1562 and employs 13,151 people. Equinix is listed under Specialized REITs category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 89.12 B. Equinix conducts business under Specialized REITs sector and is part of Real Estate industry. The entity has 96.49 M outstanding shares of which 1.34 M shares are currently shorted by private and institutional investors with about 3.24 trading days to cover. Equinix currently holds about 2.5 B in cash with 3.34 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 27.02.
Check Equinix Probability Of Bankruptcy
Ownership Allocation
Equinix holds a total of 96.49 Million outstanding shares. The majority of Equinix outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Equinix to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Equinix. Please pay attention to any change in the institutional holdings of Equinix as this could imply that something significant has changed or is about to change at the company. On October 8, 2024, Representative Ro Khanna of US Congress acquired under $15k worth of Equinix's common stock.
Check Equinix Ownership Details

Equinix Stock Institutional Holders

InstituionRecorded OnShares
Norges Bank2024-06-30
1.4 M
Apg Investments Us Inc2024-06-30
1.4 M
Legal & General Group Plc2024-06-30
1.3 M
Dimensional Fund Advisors, Inc.2024-09-30
1.3 M
Charles Schwab Investment Management Inc2024-09-30
1.1 M
Bank Of America Corp2024-06-30
1.1 M
Pictet Asset Manangement Sa2024-06-30
1.1 M
Jpmorgan Chase & Co2024-06-30
1.1 M
Ubs Asset Mgmt Americas Inc2024-09-30
1.1 M
Vanguard Group Inc2024-09-30
12.6 M
Blackrock Inc2024-06-30
9.9 M
View Equinix Diagnostics

Equinix Historical Income Statement

At this time, Equinix's Selling General Administrative is fairly stable compared to the past year. Income Before Tax is likely to rise to about 1.2 B in 2024, whereas Interest Expense is likely to drop slightly above 218.3 M in 2024. View More Fundamentals

Equinix Stock Against Markets

Equinix Corporate Management

Mary WellmanVP OfficerProfile
Justin DustzadehChief OfficerProfile
Brandi MorandiChief legal officer, general counsel and secretaryProfile
Scott CrenshawExecutive ServicesProfile
Michael CampbellChief OfficerProfile

Additional 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.