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

Switch Stock Analysis - MarketRank™

Switch scored higher than 15% of companies evaluated by MarketBeat, and ranked 317th out of 344 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Switch.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -88.77%

Earnings Growth

Earnings for Switch are expected to decrease by -88.77% in the coming year, from $1.87 to $0.21 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Switch is 22.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.22.

Price to Earnings Ratio vs. Sector

The P/E ratio of Switch is 22.53, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 27.38.

Price to Book Value per Share Ratio

Switch has a P/B Ratio of 13.48. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for SWCH.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Switch has a dividend yield of 0.61%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

Switch does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Switch is 13.82%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on EPS estimates, Switch will have a dividend payout ratio of 100.00% in the coming year. This indicates that Switch may not be able to sustain their current dividend.

Sustainability and ESG

• Score: 2.2 / 5
• Environmental Score: -1.93

Short Interest

There is no current short interest data available for SWCH.

News and Social Media

• Score: 0.6 / 5
• News Sentiment: N/A

Search Interest

1 people have searched for SWCH on MarketBeat in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Switch insiders have not sold or bought any company stock.

Percentage Held by Insiders

14.00% of the stock of Switch is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

52.58% of the stock of Switch is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

SWCH Stock Analysis - Frequently Asked Questions

How were Switch's earnings last quarter?

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

When did Switch IPO?

Switch (SWCH) raised $470 million in an initial public offering 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 served 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: 1/14/2025
• Fiscal Year End: 12/31/2025

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