Portfolio Grader currently ranks Equinix Inc (NASDAQ:EQIX) a Buy. The methods for fundamental and quantitative metrics used in this analytical tool, developed by Louis Navellier assesses and ranks nearly 5,000 stocks each week. This represents no change from the previous week and is the same ranking EQIX has had from Portfolio Grader for 2 months.
As one of the 221 companies in the GICS Real Estate sector the company is a component of the 180 company Equity Real Estate Investment Trusts (REITs) GICS industry group within this sector. EQIX has a market value of $36.3 billion which is in the top 10% of its industry group Portfolio Grader's current ranking for EQIX puts it 21 among the 180 companies in this industry group, putting in the top quartile.
Portfolio Grader currently ranks the Real Estate sector number 11 among the 12 sectors in its universe putting it in the bottom quartile of all the GICS sectors. The Equity Real Estate Investment Trusts (REITs) industry group is ranked 59 among the 69 industry groups within the GICS sectors, placing it well below-average in terms of the Navellier scoring system.
EQIX has received above-average scores in 1 of the 8 fundamental metrics used by Portfolio Grader and average or below-average grades in 7 of the areas used in the ranking of company stocks.
EQIX's operational scores provide mixed results with a ranking for operating margin and earnings growth that are below average, while the score for sales growth is above average. Scores for visibility of earnings are a source of great concern with a ranking for earnings revisions, earnings surprises and earnings momentum that are worse than average. EQIX's metrics for return on equity and cash flow are worse than its industry group average. These fundamental scores give Equinix a position in the third quartile of the industry group.
Portfolio Grader uses the Navellier Proprietary Quantitative Score to gauge EQIX's shares from the angle of risk/reward. This proprietary scoring system takes into account the relative value of EQIX's shares based on the current price of the shares relative to its peers, the market and risk associated with its industry and sector groups. Considering this risk/reward calculation, the company currently scores well above-average in its industry group compared to its peers.
Louis Navellier's proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results, with A being 'strong buy' and F being 'strong sell'. Explore the tool here.
Commentary provided by UpTick Data Technologies.