Trade-Ideas LLC identified

Equinix

(

EQIX

) as a post-market laggard candidate. In addition to specific proprietary factors, Trade-Ideas identified Equinix as such a stock due to the following factors:

  • EQIX has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $241.5 million.
  • EQIX is down 2% today from today's close.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in EQIX with the Ticky from Trade-Ideas. See the FREE profile for EQIX NOW at Trade-Ideas

More details on EQIX:

Equinix, Inc. is a publicly owned real estate investment trust. The stock currently has a dividend yield of 2.2%. Currently there are 9 analysts that rate Equinix a buy, no analysts rate it a sell, and 5 rate it a hold.

The average volume for Equinix has been 876,200 shares per day over the past 30 days. Equinix has a market cap of $17.2 billion and is part of the financial sector and real estate industry. The stock has a beta of 0.52 and a short float of 8.4% with 5.65 days to cover. Shares are up 30.6% year-to-date as of the close of trading on Tuesday.

TST Recommends

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Equinix as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, increase in net income, good cash flow from operations and expanding profit margins. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity.

Highlights from the ratings report include:

  • EQIX's revenue growth has slightly outpaced the industry average of 9.8%. Since the same quarter one year prior, revenues slightly increased by 10.0%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • Powered by its strong earnings growth of 368.18% and other important driving factors, this stock has surged by 46.97% over the past year, outperforming the rise in the S&P 500 Index during the same period. Turning to the future, naturally, any stock can fall in a major bear market. However, in almost any other environment, the stock should continue to move higher despite the fact that it has already enjoyed nice gains in the past year.
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Real Estate Investment Trusts (REITs) industry. The net income increased by 424.9% when compared to the same quarter one year prior, rising from $11.33 million to $59.46 million.
  • Net operating cash flow has significantly increased by 114.68% to $212.46 million when compared to the same quarter last year. In addition, EQUINIX INC has also vastly surpassed the industry average cash flow growth rate of 13.29%.
  • The gross profit margin for EQUINIX INC is currently very high, coming in at 71.70%. It has increased from the same quarter the previous year. Despite the strong results of the gross profit margin, EQIX's net profit margin of 8.93% significantly trails the industry average.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.