The company in question is, Equinix, Inc. (NASDAQ:EQIX) currently with a stock price of 362.27 (-0.88% today). The market cap for Equinix, Inc. is 25515.56, and is in the sector Technology, and Internet Software & Services industry. The target price for Equinix, Inc. is 412.94. Currently Equinix, Inc. is trading with a P/E of 272.76, and a forward P/E of 67.44. Average volume for Equinix, Inc. is 607.16 and so far today it is 314940.
Performance in the last year for Equinix, Inc. has been 38.89%. For EPS growth, Equinix, Inc. has seen a growth of 166.80%, and is looking to grow in the next year to 142.29%. More long term stats show that EPS growth has been 38.30% over the last five years and could be 21.18% for the next five years. Equinix, Inc. has seen sales growth quarter over quarter at 31.30%, with EPS growth quarter over quarter at -142.30%. The 20-day simple moving average is -3.72%, with the 200-day simple moving average coming to 11.90%.
Since the IPO date for Equinix, Inc. on the 8/11/2000, Equinix, Inc. has seen performance year to date to be 22.17%. With Equinix, Inc. trading at 362.27, the dividend yield is 1.92%, and the EPS is 1.34.
So could Equinix, Inc., be undervalued? Well as said before P/E is 272.76. The PEG is 12.88, P/S is 8.72 and the P/B is at 5.17. The P/cash is 39.49, with P/free cash flow at *TBA.
Equinix, Inc. ability to deal with debt shows that the current ratio is 1.4, and the quick ratio is 1.4. This is with long term debt/equity at 1.35, and total debt/equity at 1.49.
In terms of margins, Equinix, Inc. has a gross margin of 51.50%, an operating margin of 18.10% and a profit margin of 2.70%.Payout ratio for Equinix, Inc. is 463.30%. Return on assets come to 0.80% with return on investment coming to 5.90%.
Insider ownership for Equinix, Inc., is at 0.20% and institutional ownership comes to 98.50%. Outstanding shares are at 69.81. While shares float is 68.98. The float short is currently 3.70%, and short ratio is 4.2.