Analysts See $3.41 EPS for Equinix, Inc. (EQIX), Cadiz (CDZI) Sentiment Is 1.4

July 17, 2017 - By Adrian Erickson

Analysts expect Equinix, Inc. (NASDAQ:EQIX) to report $3.41 EPS on August, 2 after the close.They anticipate $0.72 EPS change or 17.43% from last quarter’s $4.13 EPS. EQIX’s profit would be $266.63 million giving it 31.97 P/E if the $3.41 EPS is correct. After having $4.14 EPS previously, Equinix, Inc.’s analysts see -17.63% EPS growth. About 266,242 shares traded. Equinix, Inc. (NASDAQ:EQIX) has risen 24.40% since July 17, 2016 and is uptrending. It has outperformed by 7.70% the S&P500.

Cadiz Inc. is a land and water resource development company. The company has market cap of $283.78 million. As of December 31, 2016, the Company had 45,000 acres of land in three areas of eastern San Bernardino County, California. It currently has negative earnings. The Company’s primary business is to acquire and develop land with water resources for various uses, including groundwater supply, groundwater storage and agriculture.

Investors sentiment decreased to 0.97 in Q4 2016. Its down 0.28, from 1.25 in 2016Q3. It is negative, as 54 investors sold Equinix, Inc. shares while 155 reduced holdings. 48 funds opened positions while 154 raised stakes. 69.34 million shares or 1.09% less from 70.10 million shares in 2016Q3 were reported. Bessemer Grp, a New Jersey-based fund reported 411 shares. Permit Capital Ltd Liability Co accumulated 10,947 shares. Earnest Prns Lc has 33 shares. Apg Asset Mngmt Us Incorporated has 0.69% invested in Equinix, Inc. (NASDAQ:EQIX). Cornerstone Mngmt Hldgs Lc, New York-based fund reported 57,186 shares. Goldman Sachs Grp accumulated 1.44 million shares. California Employees Retirement holds 0.1% or 165,457 shares. Ameriprise Fincl holds 0.08% or 432,219 shares in its portfolio. Light Street Cap Mngmt Limited Liability accumulated 50,000 shares. Tower Capital Ltd (Trc) has invested 0.08% in Equinix, Inc. (NASDAQ:EQIX). Meiji Yasuda Asset Management Limited stated it has 893 shares or 0.04% of all its holdings. Rhumbline Advisers invested in 141,654 shares. British Columbia Inv Management has 42,669 shares. Kayne Anderson Rudnick Inv Mgmt Ltd Liability Corp invested in 6,080 shares. 7,712 were reported by Pnc Finance Gp Inc.

Since January 23, 2017, it had 0 insider purchases, and 24 insider sales for $20.13 million activity. Meyers Charles J sold $77,000 worth of Equinix, Inc. (NASDAQ:EQIX) on Wednesday, February 1. $383,960 worth of Equinix, Inc. (NASDAQ:EQIX) was sold by TAYLOR KEITH D on Friday, January 27. The insider Campbell Michael Earl sold $645,514. VAN CAMP PETER sold $241,570 worth of Equinix, Inc. (NASDAQ:EQIX) on Friday, February 17. $2.31 million worth of Equinix, Inc. (NASDAQ:EQIX) shares were sold by Smith Stephen M. Lee Yau Tat sold $2.58M worth of stock. On Friday, February 17 the insider Schwartz Eric sold $862,408.

Among 17 analysts covering Equinix (NASDAQ:EQIX), 14 have Buy rating, 0 Sell and 3 Hold. Therefore 82% are positive. Equinix had 33 analyst reports since July 31, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Outperform” rating in Monday, February 22 report. The rating was upgraded by Citigroup to “Buy” on Monday, March 13. Barclays Capital initiated Equinix, Inc. (NASDAQ:EQIX) rating on Monday, March 21. Barclays Capital has “Equal-Weight” rating and $330 target. On Thursday, May 11 the stock rating was maintained by Canaccord Genuity with “Buy”. Stifel Nicolaus upgraded the shares of EQIX in report on Tuesday, January 5 to “Buy” rating. The company was initiated on Friday, June 30 by Credit Suisse. The stock of Equinix, Inc. (NASDAQ:EQIX) earned “Outperform” rating by Wells Fargo on Monday, January 4. The firm earned “Equal-Weight” rating on Thursday, August 18 by Barclays Capital. As per Thursday, August 4, the company rating was maintained by Barclays Capital. RBC Capital Markets maintained Equinix, Inc. (NASDAQ:EQIX) on Friday, July 7 with “Buy” rating.

About 21,489 shares traded. Cadiz Inc (CDZI) has risen 165.70% since July 17, 2016 and is uptrending. It has outperformed by 149.00% the S&P500.

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