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Equinix, Inc. (NASDAQ: EQIX) – Is this large market cap stock undervalued?

Equinix, Inc. (NASDAQ: EQIX), is firmly in the large market cap category with market cap of 25729.25. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Equinix, Inc. is 360.15 (with a change from open of 0.90%), this in conjunction with a target price of 420.11. Volume today has so far reached 168707, with an average volume of about 537.14. The GAP for this stock, is -0.82%.

The P/E ratio is 402.57, bringing the forward P/E to a value of 67.57. The current EPS for Equinix, Inc., is 0.89, with a EPS growth for this year coming to a value of 166.70%. Performance has been interesting with performance year to date coming to 20.88%.

Looking further into the growth statistics for Equinix, Inc., EPS is looking like it will grow 212.56% in the next year. Looking even further it is projected to be 22.80%. Quarter over quarter is -44.40% for EPS growth and for sales growth quarter over quarter it is 35.30%. Looking at past EPS growth statistics we see that for the past five years it has been 38.30%. Sales growth for the past five years has in fact been 18.10%.

Looking at the ownership, we see that the insider ownership is at 0.20% and institutional ownership is 98.50%. Shares outstanding is 71.49, while shares float is at a value of 70.63. Float short for Equinix, Inc. is 3.12% and the short ratio is 4.1.

In terms of debt, long term debt/equity is 1.36, while the total debt/equity comes to 1.49. The ability to meet these debts, means that the current ratio is 1.3, and the quick ratio is 1.3. The most recent gross margin is 50.60% and their operating margin is 17.10%. The profit margin is 2.10%.

Equinix, Inc. has seen returns on assets of 0.60%, and on investment, 5.90%. Return on equity is 1.90%. Price/Earnings to growth ratio is 17.66. Price/Sales ratio is at a value of 8.14, with Price/book ratio coming to 5.33 and Price/cash is 52.89, and finally Price/Free cash Flow is *TBA.

The simple moving averages are -0.82% and 6.15% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -7.46% and the 52 week low is 43.19%.

Equinix, Inc. has a dividend yield of 1.94%, with a current price of 360.15. The ability to pay this means the payout ratio is 633.70%. This is in an industry, Internet Software & Services, with equally high dividends from other companies in this sector, which it is Technology. Equinix, Inc. is based in USA.

Performance in the Internet Software & Services industry means that Equinix, Inc. has seen performance for the past week of 3.11%, with performance for the month coming to 0.84%. Looking at the data for the quarter it is at a value of -5.78%, and for the half year the performance is 35.30%. Volatility for this week is 2.23% and for the month this is 2.07%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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