NYSE:SWCH - Switch Stock Price, News, & Analysis

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$8.12 +0.13 (+1.63 %)
(As of 01/18/2019 04:00 PM ET)
Previous Close$7.99
Today's Range$7.90 - $8.20
52-Week Range$6.39 - $16.99
Volume546,800 shs
Average Volume1.03 million shs
Market Capitalization$1.92 billion
P/E RatioN/A
Dividend Yield0.75%
Beta0.32
Switch, Inc., through its subsidiary, Switch, Ltd., provides colocation space and related services to technology and digital media companies, cloud and managed service providers, financial institutions, and telecommunications providers that conduct critical business on the Internet. The company develops and operates data centers in Nevada, Michigan, and Georgia. Switch, Inc. was founded in 2000 and is headquartered in Las Vegas, Nevada.

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Industry, Sector and Symbol

Industry Computer programming, data processing, & other computer related
Sub-IndustryN/A
SectorBusiness Services
CUSIPN/A
Phone702-444-4111

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$378.27 million
Cash Flow$0.3373 per share
Book Value$2.94 per share

Profitability

Net Income$-15,200,000.00

Miscellaneous

Employees723
Market Cap$1.92 billion
OptionableOptionable

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 declared a quarterly dividend on Wednesday, November 14th. Shareholders of record on Monday, November 26th will be given a dividend of $0.0147 per share on Thursday, December 6th. This represents a $0.06 annualized dividend and a yield of 0.72%. The ex-dividend date is Friday, November 23rd. View Switch's Dividend History.

How were Switch's earnings last quarter?

Switch Inc (NYSE:SWCH) announced its quarterly earnings results on Tuesday, November, 13th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.03 by $0.01. The firm had revenue of $102.80 million for the quarter, compared to analysts' expectations of $102.84 million. Switch had a negative return on equity of 1.84% and a negative net margin of 16.29%. Switch's quarterly revenue was up 5.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.08 earnings per share. View Switch's Earnings History.

When is Switch's next earnings date?

Switch is scheduled to release their next quarterly earnings announcement on Monday, April 1st 2019. View Earnings Estimates for Switch.

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

Switch issued an update on its FY 2018 earnings guidance on Tuesday, November, 13th. The company provided EPS guidance of for the period. The company issued revenue guidance of $405-408 million, compared to the consensus revenue estimate of $406.86 million.

What price target have analysts set for SWCH?

13 Wall Street analysts have issued 12 month price targets for Switch's shares. Their forecasts range from $10.00 to $22.00. On average, they expect Switch's share price to reach $14.00 in the next twelve months. This suggests a possible upside of 72.4% from the stock's current price. View Analyst Price Targets for Switch.

What is the consensus analysts' recommendation for Switch?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Switch in the last year. There are currently 5 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Switch.

Has Switch been receiving favorable news coverage?

News stories about SWCH stock have been trending positive on Friday, according to InfoTrie. The research firm ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Switch earned a news sentiment score of 2.8 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 5.0 out of 10, meaning that recent news coverage is somewhat likely to have an impact on the company's share price in the near term.

Who are some of Switch's key competitors?

Who are Switch's key executives?

Switch's management team includes the folowing people:
  • Mr. Rob Roy, Founder, CEO & Chairman (Age 50)
  • Mr. Erin Thomas Morton, Pres, Gen. Counsel & Sec. (Age 50)
  • Mr. Gabriel Nacht, Chief Financial Officer (Age 58)
  • Ms. Missy Young, Chief Information Officer
  • Mr. Matthew Scott Heinz C.F.A., CFA, VP of Investor Relations and Financial Planning & Analysis

When did Switch IPO?

(SWCH) raised $470 million in an initial public offering 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.

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, Scottrade, Fidelity and Charles Schwab.

What is Switch's stock price today?

One share of SWCH stock can currently be purchased for approximately $8.12.

How big of a company is Switch?

Switch has a market capitalization of $1.92 billion and generates $378.27 million in revenue each year. Switch employs 723 workers across the globe.

What is Switch's official website?

The official website for Switch is http://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]


MarketBeat Community Rating for Switch (NYSE SWCH)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  187 (Vote Outperform)
Underperform Votes:  189 (Vote Underperform)
Total Votes:  376
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.
This page was last updated on 1/18/2019 by MarketBeat.com Staff

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