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 Trading Down 0.9 %

NASDAQ:EQIX traded down $8.44 during trading hours on Wednesday, hitting $935.20. The stock had a trading volume of 518,355 shares, compared to its average volume of 491,348. The business’s 50 day moving average is $937.53 and its 200-day moving average is $894.48. The company has a market cap of $90.24 billion, a price-to-earnings ratio of 84.33, a P/E/G ratio of 2.23 and a beta of 0.72. Equinix has a one year low of $684.14 and a one year high of $994.03. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.16 and a current ratio of 1.16.

Equinix (NASDAQ:EQIX) last released its quarterly earnings data on Wednesday, February 12th. The financial services provider reported $7.92 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 anticipate that Equinix will post 31.09 EPS for the current fiscal year.

Equinix Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Wednesday, February 26th will be given a dividend of $4.69 per share. This represents a $18.76 dividend on an annualized basis and a dividend yield of 2.01%. This is a positive change from Equinix’s previous quarterly dividend of $4.26. Equinix’s dividend payout ratio (DPR) is currently 153.65%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Moffett Nathanson raised Equinix from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 5th. Wells Fargo & Company lowered their price objective on shares of Equinix from $1,100.00 to $1,075.00 and set an “overweight” rating for the company in a research report on Tuesday, February 4th. BMO Capital Markets boosted their price objective on shares of Equinix from $975.00 to $1,020.00 and gave the company an “outperform” rating in a research report on Thursday, October 31st. JMP Securities reaffirmed a “market outperform” rating and issued a $1,200.00 target price on shares of Equinix in a research note on Thursday, February 6th. Finally, TD Cowen boosted their price target on Equinix from $865.00 to $984.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Three analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and three have assigned a strong buy rating to the company. According to data from MarketBeat, Equinix currently has an average rating of “Buy” and a consensus price target of $996.06.

Insider Buying and Selling

In related news, Director Christopher B. Paisley sold 100 shares of Equinix stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $891.00, for a total transaction of $89,100.00. Following the completion of the transaction, the director now owns 17,794 shares in the company, valued at approximately $15,854,454. This trade represents a 0.56 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Kurt Pletcher sold 222 shares of the company’s stock in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $962.20, for a total value of $213,608.40. Following the completion of the sale, the insider now owns 1,015 shares in the company, valued at $976,633. This represents a 17.95 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 16,801 shares of company stock worth $15,530,564. Insiders own 0.27% 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.