Analyst Ratings for Equinix Inc. (EQIX)

Updated: 2017-07-28

An average rating of Overweight has been given to Equinix Inc. (NASDAQ:EQIX) by analysts covering the stock. Last month, EQIX received an average rating of Buy.

25 analysts issued ratings on the stock, where 18 gave EQIX a buy rating, 1 issued an overweight rating, 6 issued a hold rating, 0 gave an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 2 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.

Investment analysts gave a few price targets for EQIX. The highest price target was 525, implying a possible profit of 18.54 percent. The minimum price target given was 365, implying potential capital losses of -17.58 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 1.83 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -8.74 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 1.8 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -6 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 1 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 1 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of EQIX's earnings is estimated by analysts to be 446.84 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of EQIX is 0.36.

EQIX has traded between a high of 447.26 and a low of 314.55 over the past year. Today's price is 40.79 percent above the 52-week low, and 0.98 percent below the high. EQIX has a P/E ratio of 160.99. Investors typically compare the P/E ratio to a company's peers in the industry. The EQIX value stock report compares EQIX to some of its peers using value stock charts. The stock has a market capitalization of $34.28 billion. EQIX will post this quarters earnings in days, on 0000-00-00.