S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NYSE:SWCH

Switch Stock Forecast, Price & News

$26.22
-0.20 (-0.76%)
(As of 12/3/2021 12:00 AM ET)
Add
Compare
Today's Range
$25.94
$26.68
50-Day Range
$23.06
$27.46
52-Week Range
$13.38
$27.94
Volume
2.94 million shs
Average Volume
2.23 million shs
Market Capitalization
$6.35 billion
P/E Ratio
154.24
Dividend Yield
0.79%
Beta
0.69
30 days | 90 days | 365 days | Advanced Chart
Receive SWCH News and Ratings via Email

Sign-up to receive the latest news and ratings for Switch and its competitors with MarketBeat's FREE daily newsletter.


Switch logo

About Switch

Switch, Inc. (Nevada) engages in the provision of technology infrastructure. It specializes in the development of digital platforms for digital media companies, cloud and managed service providers, financial institutions, and telecommunications providers. The firm's products include Switch CONNECT and Switch SAFE. The company was founded by Rob Roy in 2000 and is headquartered in Las Vegas, NV.

Headlines

Raymond James Raises Switch (NYSE:SWCH) Price Target to $32.00
December 2, 2021 |  americanbankingnews.com
Switch (NYSE:SWCH) PT Raised to $34.00 at Stifel Nicolaus
November 30, 2021 |  americanbankingnews.com
Switch (NYSE:SWCH) Hits New 52-Week High at $27.95
November 30, 2021 |  americanbankingnews.com
Switch (NYSE:SWCH) Hits New 52-Week High at $27.87
November 23, 2021 |  americanbankingnews.com
Credit Suisse Group Raises Switch (NYSE:SWCH) Price Target to $31.00
November 16, 2021 |  americanbankingnews.com
JPMorgan Chase & Co. Boosts Switch (NYSE:SWCH) Price Target to $29.00
November 16, 2021 |  americanbankingnews.com
See More Headlines

Industry, Sector and Symbol

Industry
Computer programming, data processing, & other computer related
Sub-Industry
N/A
Fax
N/A
Employees
759
Year Founded
N/A

Sales & Book Value

Annual Sales
$511.55 million
Cash Flow
$0.78 per share
Book Value
$2.54 per share

Profitability

Net Income
$15.54 million
Pretax Margin
9.80%

Debt

Price-To-Earnings

Miscellaneous

Free Float
171,181,000
Market Cap
$6.35 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/04/2021
Ex-Dividend
11/18/2021
Dividend Payable
12/01/2021
Today
12/05/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
3/07/2022

MarketRank

Overall MarketRank

2.43 out of 5 stars

Business Services Sector

67th out of 423 stocks

Computer Programming, Data Processing, & Other Computer Related Industry

8th out of 84 stocks

Analyst Opinion: 2.5Community Rank: 4.4Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 1.9 5 -4 -3 -2 -1 -












Switch (NYSE:SWCH) Frequently Asked Questions

Is Switch a buy right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Switch in the last year. There are currently 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Switch stock.
View analyst ratings for Switch
or view top-rated stocks.

How has Switch's stock price been impacted by Coronavirus?

Switch's stock was trading at $12.88 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SWCH stock has increased by 103.6% and is now trading at $26.22.
View which stocks have been most impacted by COVID-19
.

When is Switch's next earnings date?

Switch is scheduled to release its next quarterly earnings announcement on Monday, March 7th 2022.
View our earnings forecast for Switch
.

How were Switch's earnings last quarter?

Switch, Inc. (NYSE:SWCH) posted its quarterly earnings results on Thursday, November, 4th. The company reported $0.01 EPS for the quarter, missing the consensus estimate of $0.04 by $0.03. The company earned $158.10 million during the quarter, compared to analyst estimates of $159.58 million. Switch had a net margin of 3.95% and a trailing twelve-month return on equity of 3.90%. The business's revenue was up 22.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.05 earnings per share.
View Switch's earnings history
.

How often does Switch pay dividends? What is the dividend yield for Switch?

Switch announced a quarterly dividend on Thursday, November 4th. Stockholders of record on Friday, November 19th will be given a dividend of $0.052 per share on Wednesday, December 1st. This represents a $0.21 annualized dividend and a yield of 0.79%. The ex-dividend date is Thursday, November 18th.
View Switch's dividend history
.

Is Switch a good dividend stock?

Switch pays an annual dividend of $0.21 per share and currently has a dividend yield of 0.79%. Switch has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Switch is 123.53%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Switch will have a dividend payout ratio of 95.45% in the coming year. This indicates that Switch may not be able to sustain their current dividend.
View Switch's dividend history.

What guidance has Switch issued on next quarter's earnings?

Switch issued an update on its FY 2021 earnings guidance on Thursday, December, 2nd. The company provided EPS guidance of for the period. The company issued revenue guidance of $563.50 million-$566.50 million, compared to the consensus revenue estimate of $599.02 million.

What price target have analysts set for SWCH?

12 Wall Street analysts have issued 12-month price targets for Switch's stock. Their forecasts range from $22.00 to $34.00. On average, they expect Switch's share price to reach $27.82 in the next twelve months. This suggests a possible upside of 6.1% from the stock's current price.
View analysts' price targets for Switch
or view top-rated stocks among Wall Street analysts.

Who are Switch's key executives?

Switch's management team includes the following people:
  • Rob Roy, Chairman & Chief Executive Officer
  • Thomas Morton, President, Secretary & Chief Legal Officer
  • Lesley McVay, Chief Operations Officer
  • Gabe Nacht, Chief Financial Officer
  • Missy Young, Chief Information Officer

What is Rob Roy's approval rating as Switch's CEO?

82 employees have rated Switch CEO Rob Roy on Glassdoor.com. Rob Roy has an approval rating of 78% among Switch's employees.

What other stocks do shareholders of Switch own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Switch investors own include Advanced Micro Devices (AMD), Micron Technology (MU), Bank of Hawaii (BOH), NVIDIA (NVDA), Gilead Sciences (GILD), Square (SQ), Alibaba Group (BABA), InterDigital (IDCC), STAG Industrial (STAG) and Teladoc Health (TDOC).

When did Switch IPO?

(SWCH) raised $470 million in an initial public offering (IPO) on Friday, October 6th 2017. The company issued 31,300,000 shares at a price of $14.00-$16.00 per share. Goldman Sachs, J.P. Morgan, BMO Capital Markets and Wells Fargo Securities acted as the underwriters for the IPO and Citigroup, Credit Suisse, Jefferies, BTIG, Raymond James, Stifel and WilliamBlair were co-managers.

What is Switch's stock symbol?

Switch trades on the New York Stock Exchange (NYSE) under the ticker symbol "SWCH."

Who are Switch's major shareholders?

Switch's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Royal Bank of Canada (3.47%), BlackRock Inc. (3.43%), Janus Henderson Group PLC (2.09%), Senvest Management LLC (1.57%), Bank of Nova Scotia (1.40%) and Impax Asset Management Group plc (1.37%). Company insiders that own Switch stock include Erin Thomas Morton, Lp Borden, Melissa Young, Michael David Borden, Peter M Thomas, Rob Roy, Stella Roy, Teresa A Borden, Thomas A Thomas and Thomas A Thomas.
View institutional ownership trends for Switch
.

Which major investors are selling Switch stock?

SWCH stock was sold by a variety of institutional investors in the last quarter, including Healthcare of Ontario Pension Plan Trust Fund, ING Groep NV, Senvest Management LLC, Renaissance Technologies LLC, Port Capital LLC, Deprince Race & Zollo Inc., Alberta Investment Management Corp, and Janus Henderson Group PLC. Company insiders that have sold Switch company stock in the last year include Erin Thomas Morton, Rob Roy, Stella Roy, Teresa A Borden, and Thomas A Thomas.
View insider buying and selling activity for Switch
or view top insider-selling stocks.

Which major investors are buying Switch stock?

SWCH stock was acquired by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Bank of Nova Scotia, Allianz Asset Management GmbH, Reinhart Partners Inc., Goldman Sachs Group Inc., Two Sigma Investments LP, Voya Investment Management LLC, and Impax Asset Management Group plc.
View insider buying and selling activity for Switch
or or view top insider-buying stocks.

How do I buy shares of Switch?

Shares of SWCH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Switch's stock price today?

One share of SWCH stock can currently be purchased for approximately $26.22.

How much money does Switch make?

Switch has a market capitalization of $6.35 billion and generates $511.55 million in revenue each year. The company earns $15.54 million in net income (profit) each year or $0.17 on an earnings per share basis.

How many employees does Switch have?

Switch employs 759 workers across the globe.

What is Switch's official website?

The official website for Switch is www.switch.com.

Where are Switch's headquarters?

How can I contact Switch?

Switch's mailing address is 7135 S. Decatur Boulevard, Las Vegas NV, 89118. The company can be reached via phone at (702) 444-4111 or via email at [email protected].


This page was last updated on 12/5/2021 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.