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A look at a High Market Cap Stock: Equinix, Inc., EQIX

Equinix, Inc., EQIX is in the exchange NASDAQ and its industry is Internet Software & Services in the sector of Technology. Based in USA, Equinix, Inc., EQIX  has a market cap of 25745.82. Since its IPO date on the 8/11/2000, Equinix, Inc., EQIX performance year to date is 21.67%. Today Equinix, Inc., EQIX has gained -0.04%, with a current price of 362.26.

Ownership of the company is 0.20% for insider ownership while institutional ownership is 98.50%. The management of the company have seen the company have a payout ratio of 633.70%. Return of assets are at 0.60%, with return on investment at 5.90%.

In terms of debt levels and profit levels, Equinix, Inc., EQIX is seeing a long-term debt/equity of 1.36. While Total debt/equity is 1.49. With a profit margin of 2.10%, this is combined with a gross margin of 50.60%, and operating margin of 17.10%. Equinix, Inc. ability to meet debt levels, with a current ratio of 1.3, while the quick ratio is 1.3.

For the last year Equinix, Inc., EQIX has seen a EPS growth of 166.80%. A performance for the year of 42.29%. The 52-week high is -6.92%, and the 52-week low is 44.03%. The average volume for Equinix, Inc., EQIX is 380600.

With a target price of 420.11, can Equinix, Inc., EQIX reach this target? Looking at the value indicators of Equinix, Inc., EQIX. Equinix, Inc. has a P/E of 405.21 and a forward P/E of 68.02. Perhaps the more useful indicator than P/E, is PEG which has a value of 17.77. Equinix, Inc. also has a P/S and a P/B of 8.14 and 5.37 respectively. For P/cash, Equinix, Inc. has a value of 52.92, while it is *TBA for P/free cash flow.

At the current price of 362.26, Equinix, Inc. has a dividend yield of 1.93%. We see a return on equity of 1.90%.

Looking more long-term Equinix, Inc., is projected to get an EPS growth for the next five years of 22.80%. In the short-term an EPS growth of 212.56% in the next year is forecasted. This is after a EPS growth of 166.80% for this year and for the last five years a 38.30% growth has been seen.

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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Stephen Butters

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