Equinix (NASDAQ:EQIX) Updates FY 2025 Earnings Guidance

Equinix (NASDAQ:EQIX) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 36.690-37.510 for the period, compared to the consensus earnings per share estimate of 38.080. The company issued revenue guidance of $9.0 billion-$9.1 billion, compared to the consensus revenue estimate of $9.5 billion. Equinix also updated its Q1 2025 guidance to EPS.

Equinix Stock Up 2.7 %

Shares of EQIX traded up $24.50 during mid-day trading on Friday, reaching $947.50. 157,576 shares of the stock traded hands, compared to its average volume of 493,786. The firm has a market cap of $91.42 billion, a price-to-earnings ratio of 85.41, a P/E/G ratio of 2.23 and a beta of 0.72. The stock has a fifty day simple moving average of $935.90 and a 200 day simple moving average of $894.96. Equinix has a 12-month low of $684.14 and a 12-month high of $994.03. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.12.

Equinix (NASDAQ:EQIX) last posted its quarterly earnings data on Wednesday, February 12th. The financial services provider reported $7.92 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.75 by $5.17. Equinix had a net margin of 12.29% and a return on equity of 8.34%. Sell-side analysts expect that Equinix will post 31.09 EPS for the current fiscal year.

Equinix Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Wednesday, February 26th will be issued a $4.69 dividend. This represents a $18.76 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date of this dividend is Wednesday, February 26th. This is an increase from Equinix’s previous quarterly dividend of $4.26. Equinix’s payout ratio is currently 153.65%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Barclays lifted their price objective on shares of Equinix from $810.00 to $822.00 and gave the stock an “equal weight” rating in a report on Monday, November 18th. Evercore ISI boosted their price target on shares of Equinix from $945.00 to $975.00 and gave the company an “outperform” rating in a report on Wednesday, October 23rd. Scotiabank reduced their price target on shares of Equinix from $1,114.00 to $1,033.00 and set a “sector outperform” rating for the company in a report on Thursday. Stifel Nicolaus boosted their price target on shares of Equinix from $995.00 to $1,080.00 and gave the company a “buy” rating in a report on Wednesday, November 20th. Finally, Truist Financial boosted their price target on shares of Equinix from $935.00 to $1,090.00 and gave the company a “buy” rating in a report on Friday, November 29th. Three research analysts have rated the stock with a hold rating, fifteen have issued a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $994.82.

Insider Buying and Selling at Equinix

In related news, CEO Adaire Fox-Martin sold 2,965 shares of the business’s stock in a transaction that occurred on Tuesday, December 3rd. The stock was sold at an average price of $961.62, for a total value of $2,851,203.30. Following the completion of the sale, the chief executive officer now owns 3,069 shares of the company’s stock, valued at approximately $2,951,211.78. The trade was a 49.14 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Keith D. Taylor sold 1,500 shares of the business’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $971.18, for a total value of $1,456,770.00. Following the completion of the sale, the chief financial officer now directly owns 18,966 shares of the company’s stock, valued at approximately $18,419,399.88. The trade was a 7.33 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 16,801 shares of company stock valued at $15,530,564 in the last 90 days. 0.27% of the stock is currently owned by corporate insiders.

Equinix Company Profile

Equinix (Nasdaq: EQIX) is the world's digital infrastructure company . Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.