NYSE:SWCH Switch Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Switch Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $15.94 +0.35 (+2.25 %) (As of 09/22/2020 12:00 AM ET) Add Compare Share Today's Range$15.56Now: $15.94▼$15.9650-Day Range$14.85MA: $16.59▼$18.5452-Week Range$10.30Now: $15.94▼$19.99Volume1.24 million shsAverage Volume1.75 million shsMarket Capitalization$3.84 billionP/E Ratio159.42Dividend Yield1.28%Beta0.59 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Switch, Inc., through its subsidiary, Switch, Ltd., provides colocation space and related services primarily to technology and digital media companies in the United States. It develops and operates data centers in Nevada and Michigan. The company also serves cloud and managed service providers, financial institutions, IT and software providers, government agencies, network and telecommunications providers, and others that conduct critical business on the Internet. Switch, Inc. was founded in 2000 and is headquartered in Las Vegas, Nevada.Read More Beat the Market (BTM) Rank™ 4.5 Analyst's Opinion Consensus RatingSwitch has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.19, Switch has a forecasted upside of 32.9% from its current price of $15.94.Amount of Analyst CoverageSwitch has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.5 Community Rank Outperform VotesSwitch has received 345 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSwitch has received 355 “underperform” votes. (Add your “underperform” vote.)Community SentimentSwitch has received 50.71% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Switch and other stocks. Vote “Outperform” if you believe SWCH will outperform the S&P 500 over the long term. Vote “Underperform” if you believe SWCH will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldSwitch has a dividend yield of 1.28%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthSwitch has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Switch is 133.33%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Switch will have a dividend payout ratio of 83.33% in the coming year. This indicates that Switch may not be able to sustain their current dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Switch insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $9,539,596.00 in company stock.Percentage Held by InsidersOnly 30.52% of the stock of Switch is held by insiders.Percentage Held by InstitutionsOnly 34.40% of the stock of Switch is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Switch are expected to grow by 20.00% in the coming year, from $0.20 to $0.24 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Switch is 159.42, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.40.Price to Earnings Ratio vs. SectorThe P/E ratio of Switch is 159.42, which means that it is trading at a more expensive P/E ratio than the Business Services sector average P/E ratio of about 38.68.Price to Book Value per Share RatioSwitch has a P/B Ratio of 6.11. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 4.5Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.53 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Computer programming, data processing, & other computer related Sub-IndustryN/A SectorBusiness Services Current SymbolNYSE:SWCH Previous Symbol CUSIPN/A CIK1710583 Webwww.switch.com Phone702-444-4111Debt Debt-to-Equity Ratio1.51 Current Ratio0.54 Quick Ratio0.54Price-To-Earnings Trailing P/E Ratio159.42 Forward P/E Ratio79.70 P/E GrowthN/A Sales & Book Value Annual Sales$462.31 million Price / Sales8.30 Cash Flow$0.66 per share Price / Cash Flow24.28 Book Value$2.61 per share Price / Book6.11Profitability EPS (Most Recent Fiscal Year)$0.15 Net Income$8.92 million Net Margins2.03% Return on Equity2.72% Return on Assets0.96%Miscellaneous Employees731 Outstanding Shares240,602,000Market Cap$3.84 billion Next Earnings Date11/5/2020 (Estimated) OptionableOptionable $15.94 +0.35 (+2.25 %) (As of 09/22/2020 12:00 AM ET) 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 SWCH and its competitors with MarketBeat's FREE daily newsletter. Switch (NYSE:SWCH) Frequently Asked Questions How has Switch's stock been impacted by Coronavirus (COVID-19)? Switch's stock was trading at $12.88 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, SWCH shares have increased by 23.8% and is now trading at $15.94. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Switch? 9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Switch in the last year. There are currently 1 hold rating, 7 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Switch. When is Switch's next earnings date? Switch is scheduled to release its next quarterly earnings announcement on Thursday, November 5th 2020. View our earnings forecast for Switch. How were Switch's earnings last quarter? Switch Inc (NYSE:SWCH) released its quarterly earnings data on Thursday, August, 6th. The company reported $0.06 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.06. The firm earned $126.92 million during the quarter, compared to analysts' expectations of $127.19 million. Switch had a return on equity of 2.72% and a net margin of 2.03%. The company's revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter last year, the company earned $0.01 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, August 6th. Investors of record on Tuesday, August 18th will be paid a dividend of $0.05 per share on Monday, August 31st. This represents a $0.20 dividend on an annualized basis and a yield of 1.25%. The ex-dividend date is Monday, August 17th. This is a boost from Switch's previous quarterly dividend of $0.03. View Switch's dividend history. What guidance has Switch issued on next quarter's earnings? Switch issued an update on its FY 2020 After-Hours earnings guidance on Thursday, August, 6th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $507-521 million, compared to the consensus revenue estimate of $518 million. What price target have analysts set for SWCH? 9 analysts have issued 12-month price objectives for Switch's shares. Their forecasts range from $17.00 to $24.00. On average, they anticipate Switch's share price to reach $21.19 in the next twelve months. This suggests a possible upside of 32.9% from the stock's current price. View analysts' price targets for Switch. Has Switch been receiving favorable news coverage? Media coverage about SWCH stock has trended negative recently, according to InfoTrie. The research group identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Switch earned a daily sentiment score of -2.8 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term. View the latest news about Switch. Are investors shorting Switch? Switch saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 5,330,000 shares, an increase of 12.0% from the August 15th total of 4,760,000 shares. Based on an average daily trading volume, of 1,520,000 shares, the short-interest ratio is currently 3.5 days. View Switch's Short Interest. Who are some of Switch's key competitors? Some companies that are related to Switch include Livongo Health (LVGO), Wix.Com (WIX), FactSet Research Systems (FDS), Line (LN), GDS (GDS), 58.com (WUBA), Weibo (WB), OneConnect Financial Technology (OCFT), Legend Biotech (DADA), HUYA (HUYA), DouYu International (DOYU), Medallia (MDLA), Rackspace Technology (RXT), SVMK (SVMK) and Tripadvisor (TRIP). View all competitors. What other stocks do shareholders of Switch own? Based on aggregate information from My MarketBeat watchlists, some companies that other Switch investors own include Micron Technology (MU), Advanced Micro Devices (AMD), Bank of Hawaii (BOH), NVIDIA (NVDA), Square (SQ), Alibaba Group (BABA), InterDigital Wireless (IDCC), Gilead Sciences (GILD), Stag Industrial (STAG) and Teladoc Health (TDOC). Who are Switch's key executives? Switch's management team includes the following people: Mr. Rob Roy, Founder, CEO & Chairman (Age 50)Mr. Erin Thomas Morton, Pres, Chief Legal Officer/Gen. Counsel & Sec. (Age 50)Mr. Gabriel Nacht, Chief Financial Officer (Age 58)Eddie Shutter, Chief Technology OfficerMs. Missy Young, Chief Information Officer When did Switch IPO? (SWCH) raised $470 million in an 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. 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 variety of institutional and retail investors. Top institutional investors include Sylebra Capital Ltd (2.59%), Neuberger Berman Group LLC (2.59%), Vanguard Group Inc. (1.88%), US Bancorp DE (1.65%), First Trust Advisors LP (0.93%) and ArrowMark Colorado Holdings LLC (0.85%). Company insiders that own Switch stock include Donald D Snyder, Lp Borden, Melissa Young, Michael David Borden, Peter M Thomas, Rob Roy, Scott Russell Gragson, Teresa A Borden, Thomas A Thomas and William Gonsalves Balelo. View institutional ownership trends for Switch. Which institutional investors are selling Switch stock? SWCH stock was sold by a variety of institutional investors in the last quarter, including Sylebra Capital Ltd, ArrowMark Colorado Holdings LLC, Vanguard Group Inc., UBS Group AG, AQR Capital Management LLC, Nuveen Asset Management LLC, US Bancorp DE, and Macquarie Group Ltd.. Company insiders that have sold Switch company stock in the last year include Lp Borden, Melissa Young, Michael David Borden, Peter M Thomas, Rob Roy, Teresa A Borden, Thomas A Thomas, and William Gonsalves Balelo. View insider buying and selling activity for Switch. Which institutional investors are buying Switch stock? SWCH stock was bought by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC, First Trust Advisors LP, Pacer Advisors Inc., Point72 Asset Management L.P., Moody Aldrich Partners LLC, Advisor Group Holdings Inc., MUFG Securities EMEA plc, and Cubist Systematic Strategies LLC. View insider buying and selling activity for Switch. 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. What is Switch's stock price today? One share of SWCH stock can currently be purchased for approximately $15.94. How big of a company is Switch? Switch has a market capitalization of $3.84 billion and generates $462.31 million in revenue each year. The company earns $8.92 million in net income (profit) each year or $0.15 on an earnings per share basis. Switch employs 731 workers across the globe. What is Switch's official website? The official website for Switch is www.switch.com. 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 9/23/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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