Equinix moved -1.3% this afternoon session, trading between a high of $791.4175 and a low of $781.07 per share. Yesterday the stock finished at $792.54 per share, compared to an average analyst target price of $844.4.
Equinix (Nasdaq: EQIX) is the world's digital infrastructure company. Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. The large-cap real estate investment trusts company is based in the United States, and over the last twelve months it has returned a dividend yield of 1.6%. Equinix has trailing twelve months earnings per share (EPS) of 8.7, which at today's prices amounts to a price to earnings (P/E) ratio of 90.0.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 4.54. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Snapshot of Equinix's Operating Margins:
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-17 | 7,263,105 | -2,285,261 | 17 | 0.0 |
| 2022-02-18 | 6,635,537 | -2,043,029 | 17 | -10.53 |
| 2021-02-19 | 5,998,545 | -1,809,337 | 19 | -9.52 |
| 2020-02-21 | 5,562,140 | -1,586,064 | 21 | 5.0 |
| 2019-02-22 | 5,071,654 | -1,460,396 | 20 | 5.26 |
| 2018-02-26 | 4,368,428 | -1,327,630 | 19 |
Averaging out to 18.8% over the last 6 years, Equinix's operating margins are lagging the Specialty Real Estate Investment Trust industry average of 25.46%. The firm's margins exhibit a relatively stable growth trend of -2.0%.
