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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 24511.18. Since its IPO date on the 8/11/2000, Equinix, Inc., EQIX performance year to date is 15.96%. Today Equinix, Inc., EQIX has gained -1.74%, with a current price of 337.42.

Ownership of the company is 0.10% for insider ownership while institutional ownership is 98.50%. The management of the company have seen the company have a payout ratio of 630.40%. 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 1.37. While Total debt/equity is 1.5. With a profit margin of 2.20%, this is combined with a gross margin of 49.80%, and operating margin of 16.50%. Equinix, Inc. ability to meet debt levels, with a current ratio of 1.1, while the quick ratio is 1.1.

For the last year Equinix, Inc., EQIX has seen a EPS growth of 166.70%. A performance for the year of 18.93%. The 52-week high is -12.84%, and the 52-week low is 34.88%. The average volume for Equinix, Inc., EQIX is 77705.

With a target price of 413.72, can Equinix, Inc., EQIX reach this target? Looking at the value indicators of Equinix, Inc., EQIX. Equinix, Inc. has a P/E of 390.22 and a forward P/E of 67.86. Perhaps the more useful indicator than P/E, is PEG which has a value of 16.33. Equinix, Inc. also has a P/S and a P/B of 7.21 and 5.29 respectively. For P/cash, Equinix, Inc. has a value of 24.8, while it is *TBA for P/free cash flow.

At the current price of 337.42, Equinix, Inc. has a dividend yield of 2.04%. We see a return on equity of 1.80%.

Looking more long-term Equinix, Inc., is projected to get an EPS growth for the next five years of 23.90%. In the short-term an EPS growth of 208.72% in the next year is forecasted. This is after a EPS growth of 166.70% 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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Mark Hines

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