Equinix (EQIX) Expected to Announce Quarterly Earnings on Wednesday

Equinix (NASDAQ:EQIX) is expected to be posting its Q1 2025 quarterly earnings results after the market closes on Wednesday, April 30th. Analysts expect the company to announce earnings of $9.01 per share and revenue of $2.23 billion for the quarter. Equinix has set its Q1 2025 guidance at EPS and its FY 2025 guidance at 36.690-37.510 EPS.

Equinix (NASDAQ:EQIX) last released its earnings results on Wednesday, February 12th. The financial services provider reported $7.92 earnings per share for the quarter, beating analysts’ consensus estimates of $2.75 by $5.17. Equinix had a net margin of 9.32% and a return on equity of 6.31%. On average, analysts expect Equinix to post $33 EPS for the current fiscal year and $36 EPS for the next fiscal year.

Equinix Trading Up 2.6 %

NASDAQ:EQIX opened at $838.10 on Monday. Equinix has a 52 week low of $684.14 and a 52 week high of $994.03. The firm’s fifty day moving average is $835.22 and its 200-day moving average is $895.32. The firm has a market cap of $81.98 billion, a P/E ratio of 98.02, a P/E/G ratio of 1.78 and a beta of 0.95. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.63 and a current ratio of 1.63.

Equinix Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 19th. Stockholders of record on Wednesday, February 26th were given a $4.69 dividend. The ex-dividend date of this dividend was Wednesday, February 26th. This is a positive change from Equinix’s previous quarterly dividend of $4.26. This represents a $18.76 annualized dividend and a dividend yield of 2.24%. Equinix’s dividend payout ratio (DPR) is 219.42%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on EQIX. Scotiabank lowered their target price on Equinix from $1,040.00 to $1,030.00 and set a “sector outperform” rating for the company in a report on Tuesday, April 22nd. Mizuho dropped their target price on shares of Equinix from $1,094.00 to $1,053.00 and set an “outperform” rating on the stock in a research report on Friday, March 28th. BMO Capital Markets cut their target price on shares of Equinix from $1,085.00 to $1,065.00 and set an “outperform” rating on the stock in a research note on Thursday, February 13th. Oppenheimer upped their price objective on shares of Equinix from $950.00 to $975.00 and gave the company an “outperform” rating in a report on Thursday, February 13th. Finally, Citizens Jmp upgraded Equinix to a “strong-buy” rating in a research note on Monday, January 27th. Two analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and four have given a strong buy rating to the company. Based on data from MarketBeat.com, Equinix has an average rating of “Buy” and an average price target of $1,004.94.

Insider Buying and Selling

In other Equinix news, insider Brandi Galvin Morandi sold 684 shares of the business’s stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $940.51, for a total value of $643,308.84. Following the sale, the insider now directly owns 8,377 shares in the company, valued at $7,878,652.27. The trade was a 7.55 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Chairman Charles J. Meyers sold 3,562 shares of Equinix stock in a transaction dated Wednesday, February 19th. The stock was sold at an average price of $929.04, for a total value of $3,309,240.48. Following the completion of the sale, the chairman now directly owns 15,513 shares of the company’s stock, valued at approximately $14,412,197.52. This trade represents a 18.67 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 7,040 shares of company stock worth $6,547,068. Insiders own 0.27% of the company’s stock.

Institutional Trading of Equinix

An institutional investor recently raised its position in Equinix stock. Brighton Jones LLC raised its holdings in shares of Equinix, Inc. (NASDAQ:EQIX) by 28.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 326 shares of the financial services provider’s stock after acquiring an additional 73 shares during the quarter. Brighton Jones LLC’s holdings in Equinix were worth $307,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Hedge funds and other institutional investors own 94.94% of the company’s stock.

About Equinix

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.