Equinix(EQIX) ZACKS·2025-01-31 00:21Stock Performance - Equinix (EQIX) ended the recent trading session at 8 11, reflecting an 11 1% growth compared to the same quarter last year [2] - The company's revenue is forecasted to be $2 28 billion, an 8 07% increase from the prior-year quarter [2] Analyst Estimates and Revisions - Recent revisions to analyst estimates for Equinix reflect the latest near-term business trends, with positive revisions indicating a favorable business outlook [3] - Empirical research shows a direct correlation between estimate revisions and impending stock price performance [4] - The Zacks Rank system, which considers these estimate changes, has a proven track record of outperformance, with 1 stocks returning an average of +25% annually since 1988 [5] - Equinix currently holds a Zacks Rank of 3 (Hold), and the consensus EPS projection has moved 0 08% lower in the past 30 days [5] Valuation Metrics - Equinix is trading at a Forward P/E ratio of 23 71, which is higher than the industry average of 14 4, indicating a premium valuation [6] - The company's PEG ratio is 1 92, compared to the REIT and Equity Trust - Retail industry's average PEG ratio of 2 85 [7] - The REIT and Equity Trust - Retail industry, part of the Finance sector, holds a Zacks Industry Rank of 66, placing it in the top 27% of all industries [7] Industry Performance - The Zacks Industry Rank measures the strength of industry groups by averaging the Zacks Rank of individual stocks within the groups [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]