Switch Stock Price, News & Analysis (NYSE:SWCH)

$14.70 +0.32 (+2.23 %)
(As of 02/23/2018 04:00 PM ET)
Previous Close$14.70
Today's Range$14.19 - $14.94
52-Week Range$14.06 - $24.90
Volume907,087 shs
Average Volume751,299 shs
Market Capitalization$3.63 billion
P/E RatioN/A
Dividend Yield0.10%
BetaN/A

About Switch (NYSE:SWCH)

Switch logoSwitch, Inc. is a technology infrastructure company. The Company is developer and operator of the SUPERNAP, data center facilities, and provides colocation, telecommunications, cloud services, and content ecosystems. The Company designs, constructs and operates hyperscale data centers that address the growing challenges facing the data center industry. The Company's patented technologies include 100% hot aisle containment rows, exterior wall penetrating multi-mode HVAC units, hot and cold containment segregation structure, redundant data center roofing system, multi-system power containers, data center infrastructure management system (DCIM).

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Industry, Sector and Symbol

Industry Servers & Systems
Sub-IndustryN/A
SectorBusiness Services
SymbolNYSE:SWCH
CUSIPN/A
Phone702-444-4111

Debt

Debt-to-Equity Ratio5.18%
Current Ratio0.34%
Quick Ratio0.34%

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E Ratio735.00
P/E Growth3.96

Sales & Book Value

Annual Sales$318.35 million
Price / Sales11.66
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSN/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Employees689
Outstanding Shares252,510,000

Switch (NYSE:SWCH) Frequently Asked Questions

What is Switch's stock symbol?

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

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

Switch announced a special dividend on Friday, December 8th. Shareholders of record on Monday, December 18th will be paid a dividend of $0.014 per share on Friday, December 29th. The ex-dividend date of this dividend is Friday, December 15th. View Switch's Dividend History.

How were Switch's earnings last quarter?

Switch Inc (NYSE:SWCH) posted its quarterly earnings data on Monday, November, 13th. The company reported $0.08 EPS for the quarter, topping analysts' consensus estimates of $0.07 by $0.01. The firm had revenue of $97.70 million for the quarter, compared to the consensus estimate of $95.81 million. The firm's revenue for the quarter was up 19.6% on a year-over-year basis. View Switch's Earnings History.

Where is Switch's stock going? Where will Switch's stock price be in 2018?

11 analysts have issued 12-month price targets for Switch's shares. Their predictions range from $22.00 to $23.00. On average, they expect Switch's share price to reach $22.20 in the next year. View Analyst Ratings for Switch.

What are Wall Street analysts saying about Switch stock?

Here are some recent quotes from research analysts about Switch stock:

  • 1. According to Zacks Investment Research, "Switch, Inc. is a technology infrastructure company. It designs, constructs and operates hyperscale data centers. The Company is developer and operator of the SUPERNAP, data center facilities, and provides colocation, telecommunications, cloud services and content ecosystems. Switch, Inc. is based in LAS VEGAS, United States. " (1/11/2018)
  • 2. Credit Suisse Group AG analysts commented, "We project strong performance amid the company’s heavy ramp of planned data center campus expansions all projected to be complete by FY 2019, accelerating revenue growth to 21%, well ahead of data center peers. With customer churn levels of 1.1%, we expect solid business scale with little business disruption as new data center campuses begin monetizing space." (10/31/2017)

Who are some of Switch's key competitors?

Who are Switch's key executives?

Switch's management team includes the folowing people:

  • Rob Roy, Chairman of the Board, Chief Executive Officer, Founder (Age 48)
  • Thomas Morton, President, General Counsel (Age 48)
  • Gabe Nacht, Chief Financial Officer (Age 56)
  • Donald D. Snyder, Lead Independent Director (Age 70)
  • Tom Thomas, Director (Age 59)
  • Zareh Hovik Sarrafian, Independent Director (Age 53)
  • Kimberly H. Sheehy, Independent Director (Age 51)
  • Bryan Wolf, Independent Director (Age 53)

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 $14.00-$16.00 per share. Goldman Sachs, J.P. Morgan, BMO Capital Markets and Wells Fargo Securities served as the underwriters for the IPO and Citigroup, Credit Suisse, Jefferies, BTIG, Raymond James, Stifel and WilliamBlair were co-managers.

When does the company's lock-up period expire?

Switch's lock-up period expires on Wednesday, April 4th. Switch had issued 31,250,000 shares in its initial public offering on October 6th. The total size of the offering was $531,250,000 based on an initial share price of $17.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the expiration of the lock-up period.

Who owns Switch stock?

Switch's stock is owned by a number of of institutional and retail investors. Top institutional investors include Wells Fargo & Company MN (1.67%), NORGES BANK (5.13%), NORGES BANK (5.13%), BlackRock Inc. (0.69%), Deutsche Bank AG (0.49%) and Alkeon Capital Management LLC (0.40%). View Institutional Ownership Trends for Switch.

Who bought Switch stock? Who is buying Switch stock?

Switch's stock was bought by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, BlackRock Inc., Deutsche Bank AG, Alkeon Capital Management LLC, Zimmer Partners LP, TCW Group Inc., Shellback Capital LP and GCA Investment Management LLC. View Insider Buying and Selling for Switch.

How do I buy Switch stock?

Shares of Switch can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Switch's stock price today?

One share of Switch stock can currently be purchased for approximately $14.70.

How big of a company is Switch?

Switch has a market capitalization of $3.63 billion and generates $318.35 million in revenue each year. Switch employs 689 workers across the globe.

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]


MarketBeat Community Rating for Switch (SWCH)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  55 (Vote Outperform)
Underperform Votes:  55 (Vote Underperform)
Total Votes:  110
MarketBeat's community ratings are surveys of what our community members think about Switch and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Switch (NYSE:SWCH) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldBuyN/A
Consensus Rating Score: 2.362.362.50N/A
Ratings Breakdown: 1 Sell Rating(s)
5 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
5 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
5 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
0 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $22.20$22.20$22.20N/A
Price Target Upside: 47.02% upside30.43% upside14.73% upsideN/A

Switch (NYSE:SWCH) Consensus Price Target History

Price Target History for Switch (NYSE:SWCH)

Switch (NYSE:SWCH) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/7/2018Credit Suisse GroupSet Price TargetBuy$22.00LowView Rating Details
1/19/2018CowenInitiated CoverageUnderweightLowView Rating Details
10/31/2017Raymond James FinancialInitiated CoverageMkt Perform -> Market PerformN/AView Rating Details
10/31/2017BTIG ResearchInitiated CoverageBuy -> Buy$22.00N/AView Rating Details
10/31/2017William BlairInitiated CoverageOutperform -> OutperformN/AView Rating Details
10/31/2017BMO Capital MarketsInitiated CoverageOutperform$23.00N/AView Rating Details
10/31/2017CitigroupInitiated CoverageNeutral -> Neutral$22.00N/AView Rating Details
10/31/2017Wells Fargo & CoInitiated CoverageMarket Perform -> Market PerformN/AView Rating Details
10/31/2017JPMorgan Chase & Co.Initiated CoverageOverweight -> Overweight$22.00N/AView Rating Details
10/31/2017Jefferies GroupInitiated CoverageHold -> HoldN/AView Rating Details
10/31/2017Goldman Sachs GroupInitiated CoverageNeutral -> NeutralN/AView Rating Details
(Data available from 2/24/2016 forward)

Earnings

Switch (NYSE:SWCH) Earnings History and Estimates Chart

Earnings by Quarter for Switch (NYSE:SWCH)

Switch (NYSE SWCH) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/13/2017Q3 2017$0.07$0.08$95.81 million$97.70 millionViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Estimates

Switch (NYSE:SWCH) Earnings Estimates

Current Year EPS Consensus Estimate: $0.02 EPS
Next Year EPS Consensus Estimate: $0.24 EPS

Dividends

Switch (NYSE:SWCH) Dividend Information

Most Recent Dividend:12/29/2017
Annual Dividend:$0.01
Dividend Yield:0.07%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:50.00% (Based on This Year's Estimates)
4.17% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Switch (NYSE:SWCH)

Switch (NYSE:SWCH) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/8/2017special$0.0112/15/201712/18/201712/29/2017
(Data available from 1/1/2013 forward)

Insider Trades

Switch (NYSE SWCH) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 4.55%
Insider Trades by Quarter for Switch (NYSE:SWCH)
Insider Trades by Quarter for Switch (NYSE:SWCH)

Switch (NYSE SWCH) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
10/11/2017Erin Thomas MortonInsiderBuy300,000$17.00$5,100,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Switch (NYSE SWCH) News Headlines

Source:
DateHeadline
4,215,682 Shares in Switch Inc (SWCH) Acquired by Wells Fargo & Company MN4,215,682 Shares in Switch Inc (SWCH) Acquired by Wells Fargo & Company MN
www.americanbankingnews.com - February 24 at 5:54 AM
Why Shares of Switch, Inc. Tumbled Nearly 11% in JanuaryWhy Shares of Switch, Inc. Tumbled Nearly 11% in January
finance.yahoo.com - February 21 at 8:05 AM
Switch Inc (SWCH) Expected to Announce Quarterly Sales of $99.55 MillionSwitch Inc (SWCH) Expected to Announce Quarterly Sales of $99.55 Million
www.americanbankingnews.com - February 17 at 10:26 AM
WestCAT Makes the Switch to Cleaner Burning, 100% Renewable and Sustainable Neste MY Renewable DieselWestCAT Makes the Switch to Cleaner Burning, 100% Renewable and Sustainable Neste MY Renewable Diesel
finance.yahoo.com - February 15 at 5:29 PM
Wonder Boy: The Dragons Trap Now Available On Nintendo Switch™ And PlayStation®4 At Retail StoresWonder Boy: The Dragon's Trap Now Available On Nintendo Switch™ And PlayStation®4 At Retail Stores
www.bizjournals.com - February 15 at 5:29 PM
Switch Inc (SWCH) Expected to Post Earnings of -$0.22 Per ShareSwitch Inc (SWCH) Expected to Post Earnings of -$0.22 Per Share
www.americanbankingnews.com - February 15 at 3:18 AM
Switch to Report Fourth Quarter and Full Year 2017 Financial ResultsSwitch to Report Fourth Quarter and Full Year 2017 Financial Results
finance.yahoo.com - February 12 at 8:19 AM
Switch to Present at the Goldman Sachs 2018 Technology and Internet ConferenceSwitch to Present at the Goldman Sachs 2018 Technology and Internet Conference
finance.yahoo.com - February 9 at 8:25 AM
Switch (SWCH) Given a $22.00 Price Target at Credit Suisse GroupSwitch (SWCH) Given a $22.00 Price Target at Credit Suisse Group
www.americanbankingnews.com - February 8 at 8:54 PM
Bandai Namco Making Nintendo Switch-Exclusive FPS And Ridge Racer 8, It SeemsBandai Namco Making Nintendo Switch-Exclusive FPS And Ridge Racer 8, It Seems
www.msn.com - February 8 at 8:02 AM
Recent Analysis Shows Realogy, Cision Ltd., Pioneer Natural Resources, MEDIFAST INC, T. Rowe Price Group, and Switch Market Influences — Renewed Outlook, Key Drivers of GrowthRecent Analysis Shows Realogy, Cision Ltd., Pioneer Natural Resources, MEDIFAST INC, T. Rowe Price Group, and Switch Market Influences — Renewed Outlook, Key Drivers of Growth
finance.yahoo.com - February 8 at 8:02 AM
Switch Inc (SWCH) Given Average Recommendation of "Hold" by BrokeragesSwitch Inc (SWCH) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - February 8 at 1:32 AM
Switch Announces Rob Roys Gigawatt Nevada, the Largest Solar Project in the United StatesSwitch Announces Rob Roy's Gigawatt Nevada, the Largest Solar Project in the United States
finance.yahoo.com - February 7 at 8:07 AM
PayPal (PYPL) Q4 Earnings Top, eBays Switch Hurts StockPayPal (PYPL) Q4 Earnings Top, eBay's Switch Hurts Stock
finance.yahoo.com - February 1 at 3:34 PM
Fairview Microwave Releases New Electromechanical Switches Covering DC to 40 GHz with Insertion Loss Repeatability Levels as Low as 0.03 dBFairview Microwave Releases New Electromechanical Switches Covering DC to 40 GHz with Insertion Loss Repeatability Levels as Low as 0.03 dB
www.bizjournals.com - February 1 at 3:34 PM
Nintendo Surges On Strong Switch Sales, Raised Profit OutlookNintendo Surges On Strong Switch Sales, Raised Profit Outlook
investorplace.com - January 31 at 11:39 AM
Zacks: Analysts Anticipate Switch Inc (SWCH) Will Announce Quarterly Sales of $99.55 MillionZacks: Analysts Anticipate Switch Inc (SWCH) Will Announce Quarterly Sales of $99.55 Million
www.americanbankingnews.com - January 31 at 8:30 AM
Switch Inc (SWCH) Expected to Announce Earnings of -$0.22 Per ShareSwitch Inc (SWCH) Expected to Announce Earnings of -$0.22 Per Share
www.americanbankingnews.com - January 29 at 3:14 AM
Switch (SWCH) Now Covered by CowenSwitch (SWCH) Now Covered by Cowen
www.americanbankingnews.com - January 20 at 4:08 PM
Cowen Questions Data Center Operator Switchs Overall StrategyCowen Questions Data Center Operator Switch's 'Overall Strategy'
finance.yahoo.com - January 19 at 6:41 PM
Switch Inc (SWCH) Short Interest UpdateSwitch Inc (SWCH) Short Interest Update
www.americanbankingnews.com - January 16 at 2:56 AM
 Brokerages Anticipate Switch Inc (SWCH) Will Announce Quarterly Sales of $99.55 Million Brokerages Anticipate Switch Inc (SWCH) Will Announce Quarterly Sales of $99.55 Million
www.americanbankingnews.com - January 14 at 2:02 PM
Switch Inc (SWCH) Given Average Rating of "Buy" by AnalystsSwitch Inc (SWCH) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - January 14 at 1:32 AM
Switch (SWCH) Rating Increased to Buy at Zacks Investment ResearchSwitch (SWCH) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - January 11 at 12:06 PM
Switch (SWCH) Lowered to Hold at Zacks Investment ResearchSwitch (SWCH) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - January 10 at 12:04 PM
Switch (SWCH) Stock Rating Upgraded by Zacks Investment ResearchSwitch (SWCH) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - January 5 at 11:36 AM
Switch to Present at the Citi 2018 Global TMT West ConferenceSwitch to Present at the Citi 2018 Global TMT West Conference
finance.yahoo.com - January 4 at 5:58 PM
Switch, Inc. (Nevada) – Value Analysis (NYSE:SWCH) : December 26, 2017Switch, Inc. (Nevada) – Value Analysis (NYSE:SWCH) : December 26, 2017
finance.yahoo.com - December 28 at 5:19 PM
Free Post Earnings Research Report: Switchs Revenue Grew 19.6%Free Post Earnings Research Report: Switch's Revenue Grew 19.6%
finance.yahoo.com - December 28 at 5:19 PM
Switch Lowers Term Loan and Revolving Credit Facility Interest RatesSwitch Lowers Term Loan and Revolving Credit Facility Interest Rates
finance.yahoo.com - December 28 at 5:19 PM
Switch, Inc. (Nevada) breached its 50 day moving average in a Bullish Manner : SWCH-US : December 25, 2017Switch, Inc. (Nevada) breached its 50 day moving average in a Bullish Manner : SWCH-US : December 25, 2017
finance.yahoo.com - December 25 at 7:40 AM
Switch Inc (SWCH) Receives Average Rating of "Buy" from BrokeragesSwitch Inc (SWCH) Receives Average Rating of "Buy" from Brokerages
www.americanbankingnews.com - December 20 at 1:28 AM
Switch (SWCH) Given a $22.00 Price Target by Credit Suisse Group AnalystsSwitch (SWCH) Given a $22.00 Price Target by Credit Suisse Group Analysts
www.americanbankingnews.com - December 17 at 12:08 PM
Switch, Ltd. -- Moodys changes Switchs outlook to positiveSwitch, Ltd. -- Moody's changes Switch's outlook to positive
finance.yahoo.com - December 13 at 6:10 PM
Datacenter Industry Senior Executive Kimberly Sheehy Joins Switch Board of DirectorsDatacenter Industry Senior Executive Kimberly Sheehy Joins Switch Board of Directors
finance.yahoo.com - December 11 at 6:12 PM
Switch, Inc. (SWCH) Declares Special Dividend of $0.01Switch, Inc. (SWCH) Declares Special Dividend of $0.01
www.americanbankingnews.com - December 8 at 5:42 PM
Switch, Inc. Announces Quarterly DividendSwitch, Inc. Announces Quarterly Dividend
finance.yahoo.com - December 7 at 6:34 PM
Analyzing Super Micro Computer (SMCI) & Switch (SWCH)Analyzing Super Micro Computer (SMCI) & Switch (SWCH)
www.americanbankingnews.com - December 6 at 3:08 PM
Switch (SWCH) & Sigma Designs (SIGM) Financial AnalysisSwitch (SWCH) & Sigma Designs (SIGM) Financial Analysis
www.americanbankingnews.com - December 6 at 8:04 AM
Contrasting Super Micro Computer (SMCI) & Switch (SWCH)Contrasting Super Micro Computer (SMCI) & Switch (SWCH)
www.americanbankingnews.com - December 5 at 5:26 PM
What Started In Vegas Isnt Staying In Vegas: Switch Goes GlobalWhat Started In Vegas Isn't Staying In Vegas: Switch Goes Global
finance.yahoo.com - November 30 at 5:57 PM
Comparing Sigma Designs (SIGM) & Switch (SWCH)Comparing Sigma Designs (SIGM) & Switch (SWCH)
www.americanbankingnews.com - November 29 at 7:26 PM
Head-To-Head Contrast: Switch (SWCH) & Super Micro Computer (SMCI)Head-To-Head Contrast: Switch (SWCH) & Super Micro Computer (SMCI)
www.americanbankingnews.com - November 28 at 11:18 AM
Analyzing Switch (SWCH) & Super Micro Computer (SMCI)Analyzing Switch (SWCH) & Super Micro Computer (SMCI)
www.americanbankingnews.com - November 28 at 9:24 AM
Analyzing Sigma Designs (SIGM) & Switch (SWCH)Analyzing Sigma Designs (SIGM) & Switch (SWCH)
www.americanbankingnews.com - November 26 at 7:32 PM
Reviewing Switch (SWCH) and Super Micro Computer (SMCI)Reviewing Switch (SWCH) and Super Micro Computer (SMCI)
www.americanbankingnews.com - November 25 at 9:52 AM
Switch, Inc. (SWCH) Given Consensus Recommendation of "Buy" by BrokeragesSwitch, Inc. (SWCH) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - November 25 at 1:48 AM
Head-To-Head Review: Switch (SWCH) & Sigma Designs (SIGM)Head-To-Head Review: Switch (SWCH) & Sigma Designs (SIGM)
www.americanbankingnews.com - November 24 at 11:16 PM
Switch (SWCH) & Super Micro Computer (SMCI) Financial ContrastSwitch (SWCH) & Super Micro Computer (SMCI) Financial Contrast
www.americanbankingnews.com - November 21 at 9:24 PM
Edited Transcript of SWCH.N earnings conference call or presentation 13-Nov-17 11:00pm GMTEdited Transcript of SWCH.N earnings conference call or presentation 13-Nov-17 11:00pm GMT
finance.yahoo.com - November 21 at 11:21 AM

SEC Filings

Switch (NYSE:SWCH) SEC Filings

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Social Media

Financials

Switch (NYSE:SWCH) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Switch (NYSE SWCH) Stock Chart for Saturday, February, 24, 2018

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This page was last updated on 2/24/2018 by MarketBeat.com Staff

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