The company in question is, Equinix, Inc. (NASDAQ:EQIX) currently with a stock price of 363.34 (-0.73% today). The market cap for Equinix, Inc. is 26747.28, and is in the sector Technology, and Internet Software & Services industry. The target price for Equinix, Inc. is 420.11. Currently Equinix, Inc. is trading with a P/E of 409.4, and a forward P/E of 68.72. Average volume for Equinix, Inc. is 561.5 and so far today it is 18757.
Performance in the last year for Equinix, Inc. has been 34.26%. For EPS growth, Equinix, Inc. has seen a growth of 166.80%, and is looking to grow in the next year to 212.56%. More long term stats show that EPS growth has been 38.30% over the last five years and could be 20.85% for the next five years. Equinix, Inc. has seen sales growth quarter over quarter at 35.30%, with EPS growth quarter over quarter at -44.40%. The 20-day simple moving average is -2.47%, with the 200-day simple moving average coming to 9.45%.
Since the IPO date for Equinix, Inc. on the 8/11/2000, Equinix, Inc. has seen performance year to date to be 22.93%. With Equinix, Inc. trading at 363.34, the dividend yield is 1.91%, and the EPS is 0.89.
So could Equinix, Inc., be undervalued? Well as said before P/E is 409.4. The PEG is 19.64, P/S is 8.46 and the P/B is at 5.42. The P/cash is 54.98, with P/free cash flow at *TBA.
Equinix, Inc. ability to deal with debt shows that the current ratio is 1.3, and the quick ratio is 1.3. This is with long term debt/equity at 1.36, and total debt/equity at 1.49.
In terms of margins, Equinix, Inc. has a gross margin of 50.60%, an operating margin of 17.10% and a profit margin of 2.10%.Payout ratio for Equinix, Inc. is 633.70%. Return on assets come to 0.60% 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 73.08. While shares float is 70.63. The float short is currently 2.51%, and short ratio is 3.15.