Equinix (NASDAQ:EQIX) is scheduled to issue its quarterly earnings data after the market closes on Tuesday, February 13th. Analysts expect the company to announce earnings of $1.24 per share for the quarter.
Equinix (EQIX) opened at $429.81 on Tuesday. The company has a quick ratio of 2.11, a current ratio of 2.11 and a debt-to-equity ratio of 1.51. Equinix has a 1-year low of $361.90 and a 1-year high of $495.35. The company has a market capitalization of $34,220.00, a price-to-earnings ratio of 139.55, a price-to-earnings-growth ratio of 1.51 and a beta of 0.42.
A number of research firms have recently weighed in on EQIX. UBS Group upgraded Equinix from a “neutral” rating to a “buy” rating and set a $510.00 target price for the company in a research report on Monday, January 29th. BidaskClub downgraded Equinix from a “sell” rating to a “strong sell” rating in a research report on Thursday, January 25th. Credit Suisse Group set a $524.00 target price on Equinix and gave the company a “buy” rating in a research report on Tuesday, January 23rd. Oppenheimer upped their target price on Equinix from $472.00 to $500.00 and gave the company an “outperform” rating in a research report on Thursday, November 2nd. Finally, Barclays reiterated a “buy” rating and set a $517.00 target price on shares of Equinix in a research report on Friday, January 19th. One analyst has rated the stock with a sell rating, two have issued a hold rating and nineteen have assigned a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $504.29.
Equinix Company Profile
Equinix, Inc (Equinix) connects businesses with partners and customers worldwide through a global platform of data centers. The Company connects approximately 4000 customers, across the Americas, Europe, Middle East and Africa (EMEA) and Asia-Pacific. Platform Equinix combines international business exchange (IBX) data centers, a global footprint and ecosystems.
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