Switch (SWCH) Stock Price, News & Analysis

Company Overview

Switch, Inc., through its subsidiary, Switch, Ltd., provides colocation space and related services. It develops and operates data centers in Nevada, Michigan, and Georgia. The company serves technology and digital media companies, financial institutions, government agencies, and network and telecommunications providers, as well as cloud, IT, and software providers. Switch, Inc. was founded in 2000 and is headquartered in Las Vegas, Nevada.

Key Stats

• Today's Range: $34.23 to $34.26
• 50-Day Range: $33.88 to $34.25
• 52-Week Range: $23.03 to $34.26
• Volume: 7.55 million shs
• Average Volume: 2.34 million shs
• Market Capitalization: $8.39 billion
• P/E Ratio: 22.53
• Dividend Yield: 0.61%
• Price Target: N/A
• Consensus Rating: N/A

SWCH Stock Analysis - Frequently Asked Questions

How were Switch's earnings last quarter?

Switch, Inc. (NYSE:SWCH) released its quarterly earnings results on Thursday, November, 4th. The company reported $0.01 earnings per share for the quarter, missing analysts' consensus estimates of $0.04 by $0.03. The firm's quarterly revenue was up 22.8% on a year-over-year basis.

When did Switch IPO?

Switch (SWCH) raised $470 million in an 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 other stocks do shareholders of Switch own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Switch investors own include Meta Platforms (META), NVIDIA (NVDA), Alibaba Group (BABA), Advanced Micro Devices (AMD), Micron Technology (MU), NIO (NIO) and PayPal (PYPL).

Company Calendar

• Last Earnings: 11/04/2021
• Today: 12/22/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Business Services
• Industry: Computer programming, data processing, & other computer related
• Sub-Industry: N/A
• Current Symbol: NYSE:SWCH
• CUSIP: N/A
• CIK: 1710583
• Web: www.switch.com
• Phone: (702) 444-4111
• Fax: N/A
• Employees: 829
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $1.52
• Trailing P/E Ratio: 22.53
• Forward P/E Ratio: 18.32
• P/E Growth: N/A
• Net Income: $5.41 million
• Net Margins: 56.70%
• Pretax Margin: 58.45%
• Return on Equity: 1.06%
• Return on Assets: 0.28%

Debt

• Debt-to-Equity Ratio: 1.88
• Current Ratio: 0.37
• Quick Ratio: 0.37

Sales & Book Value

• Annual Sales: $592.04 million
• Price / Sales: 14.18
• Cash Flow: $0.82 per share
• Price / Cash Flow: 41.56
• Book Value: $2.54 per share
• Price / Book: 13.48

Miscellaneous

• Outstanding Shares: 245,064,000
• Free Float: 210,755,000
• Market Cap: $8.39 billion
• Optionable: Optionable
• Beta: 0.59