EQIX

Equinix Inc

TMT, Finance/Real Estate


Presented:07/25/2018
Price:$432.64
Cap:$34.38B
Current Price:$878.03
Cap:$83.36B

Presented

Date07/25/2018
Price$432.64
Market Cap$34.38B
Ent Value$42.32B
P/E Ratio134.78x
Book Value$89.87
Div Yield2.03%
Shares O/S79.46M
Ave Daily Vol584,087
Short Int1.87%

Current

Price$878.03
Market Cap$83.36B
Equinix, Inc. engages in the provision of collocation space and related service. It operates through the following geographical segments: Americas; Europe, Middle East and Africa, and Asia-Pacific. The company was founded on June 22, 1998 and is headquartered in Redwood City, CA.

Publicly traded companies mentioned herein: Alphabet Inc (GOOGL), Amazon.com Inc (AMZN), Equinix Inc (EQIX), Microsoft Corp (MSFT), Verizon Communications Inc (VZ)

Highlights

The presenter is long shares of Equinix (EQIX), which he believes has an entrenched and differentiated position within the data center space, particularly due to its strength in physical colocation and interconnect facilities. He sees continued organic growth at EQIX, driven by the proliferation of public and hybrid clouds; and at 16x his 2020 AFFO estimate of $28.00, the stock looks cheap. Using a 20x - 22x multiple, which is a discount to the multiple EQIX traded at throughout 2017, he targets a $560 - $616 price target range within 18 months.

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Idea Discussion

Commentor 1 - 2 weeks ago

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