Switch (NYSE:SWCH) Stock Price & Quote Analysis

SWCH fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	4/6
Financial Health	2/6
Dividends	0/6

SWCH Stock Overview

Switch, Inc., through its subsidiary, Switch, Ltd., provides colocation space and related services.

Rewards

Price-To-Earnings ratio (14.3x) is below the US market (15x)

Revenue is forecast to grow 10.2% per year

Earnings grew by 1616.8% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 43% per year for the next 3 years

Debt is not well covered by operating cash flow

Large one-off items impacting financial results

Switch, Inc. Competitors

GoDaddy

NYSE:GDDY

US$11.8b

Akamai Technologies

NasdaqGS:AKAM

US$14.4b

VeriSign

NasdaqGS:VRSN

US$20.9b

Chindata Group Holdings

NasdaqGS:CD

US$2.8b

Price History & Performance

Summary of all time highs, changes and price drops for Switch
Historical stock prices
Current Share Price	US$34.25
52 Week High	US$34.26
52 Week Low	US$23.03
Beta	0.59
1 Month Change	0.73%
3 Month Change	0.97%
1 Year Change	29.24%
3 Year Change	132.05%
5 Year Change	97.98%
Change since IPO	64.35%

Switch declares goes ex-dividend tomorrow

Aug 18

Recent updates

We Think Shareholders Will Probably Be Generous With Switch, Inc.'s (NYSE:SWCH) CEO Compensation

Jun 05

Some Investors May Be Worried About Switch's (NYSE:SWCH) Returns On Capital

May 07

I Ran A Stock Scan For Earnings Growth And Switch (NYSE:SWCH) Passed With Ease

Apr 08

Is Switch (NYSE:SWCH) Using Too Much Debt?

Mar 09

Switch (NYSE:SWCH) Shareholders Have Enjoyed A 15% Share Price Gain

Feb 02

Has Switch (NYSE:SWCH) Got What It Takes To Become A Multi-Bagger?

Jan 13

Is Switch, Inc.'s (NYSE:SWCH) 1.2% Dividend Sustainable?

Dec 08

Switch (NYSE:SWCH) Has A Somewhat Strained Balance Sheet

Nov 20

Shareholder Returns

	SWCH	US IT	US Market
7D	0.1%	1.5%	1.1%
1Y	29.2%	-25.1%	-17.6%

Return vs Industry: SWCH exceeded the US IT industry which returned -22.1% over the past year.

Return vs Market: SWCH exceeded the US Market which returned -14.9% over the past year.

Price Volatility

Is SWCH's price volatile compared to industry and market?
SWCH volatility
SWCH Average Weekly Movement	0.5%
IT Industry Average Movement	9.0%
Market Average Movement	7.4%
10% most volatile stocks in US Market	15.6%
10% least volatile stocks in US Market	3.3%

Stable Share Price: SWCH is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 0% a week.

Volatility Over Time: SWCH's weekly volatility (0%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2000	829	Rob Roy	https://www.switch.com

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. Fundamentals Summary

How do Switch's earnings and revenue compare to its market cap?
SWCH fundamental statistics
Market Cap	US$8.42b
Earnings (TTM)	US$379.15m
Revenue (TTM)	US$668.65m

14.3x

P/E Ratio

8.1x

P/S Ratio

Is SWCH overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
SWCH income statement (TTM)
Revenue	US$668.65m
Cost of Revenue	US$417.16m
Gross Profit	US$251.48m
Other Expenses	-US$127.67m
Earnings	US$379.15m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	2.40
Gross Margin	37.61%
Net Profit Margin	56.70%
Debt/Equity Ratio	183.5%

How did SWCH perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

8%

Payout Ratio

SWCH Stock Overview

Rewards

Risk Analysis

Switch, Inc. Competitors

NYSE:GDDY

US$11.8b

NasdaqGS:AKAM

US$14.4b

NasdaqGS:VRSN

US$20.9b

NasdaqGS:CD

US$2.8b

Price History & Performance

Recent News & Updates

Consensus EPS estimates increase by 13%

Third quarter 2022 earnings released: US$0.002 loss per share (vs US$0.003 loss in 3Q 2021)

Switch Declares A Cash Dividend Payable on December 1, 2022

Switch declares goes ex-dividend tomorrow

Consensus forecasts updated

Consensus forecasts updated

Recent updates

Consensus EPS estimates increase by 13%

Third quarter 2022 earnings released: US$0.002 loss per share (vs US$0.003 loss in 3Q 2021)

Switch Declares A Cash Dividend Payable on December 1, 2022

Consensus forecasts updated

Consensus forecasts updated

Upcoming dividend of US$0.052 per share

Switch, Inc. Declares Cash Dividend, Payable on September 1, 2022

Second quarter 2022 earnings: EPS exceeds analyst expectations

Switch, Inc. to Report Q2, 2022 Results on Aug 08, 2022

Switch, Inc. to Report Q2, 2022 Results on Aug 08, 2022

Upcoming dividend of US$0.052 per share

DigitalBridge Partners II a fund managed by DigitalBridge Group, Inc. (NYSE:DBRG) and IFM Global Infrastructure Fund, managed by IFM Investors Pty Ltd entered into a definitive agreement to acquire Switch, Inc. (NYSE:SWCH) for $8.5 billion.

DigitalBridge Partners II a fund managed by DigitalBridge Group, Inc. (NYSE:DBRG) and IFM Investors Pty Ltd entered into a definitive agreement to acquire Switch, Inc. (NYSE:SWCH) for $8.5 billion.

First quarter 2022 earnings: EPS exceeds analyst expectations

DigitalBridge Group Reportedly Among Suitors for Switch

Brookfield Reportedly Explores Possible Takeover of Switch

Switch, Inc. to Report Q1, 2022 Results on May 10, 2022

Returns On Capital At Switch (NYSE:SWCH) Paint A Concerning Picture

Upcoming dividend of US$0.052 per share

Switch (NYSE:SWCH) Has Re-Affirmed Its Dividend Of US$0.052

These 4 Measures Indicate That Switch (NYSE:SWCH) Is Using Debt Extensively

Full year 2021 earnings: EPS misses analyst expectations

Switch, Inc. Provides Consolidated Earnings Guidance for the Full Year 2022

Switch Achieves HITRUST CSF® Certification to Manage Risk, Improve Security Posture, and Meet Compliance Requirements

Switch, Inc. to Report Q4, 2021 Results on Feb 24, 2022

Switch, Inc. to Report Q4, 2021 Results on Feb 24, 2022

Chief Construction Officer recently sold US$1.3m worth of stock

Founder notifies of intention to sell stock

Switch, Inc. announced that it has received $35 million in funding

Chief Construction Officer notifies of intention to sell stock

Insider recently sold US$3.6m worth of stock

Upcoming dividend of US$0.052 per share

Switch (NYSE:SWCH) Is Increasing Its Dividend To US$0.052

Third quarter 2021 earnings released: US$0.003 loss per share (vs US$0.048 profit in 3Q 2020)

Switch (NYSE:SWCH) Will Want To Turn Around Its Return Trends

Insider recently sold US$1.7m worth of stock

Here's Why Switch (NYSE:SWCH) Has A Meaningful Debt Burden

Insider recently sold US$2.6m worth of stock

Insider recently sold US$1.9m worth of stock

Chief Construction Officer recently sold US$1.5m worth of stock

Director recently sold US$2.4m worth of stock

Consensus forecasts updated

Upcoming dividend of US$0.052 per share

Switch's (NYSE:SWCH) Dividend Will Be Increased To US$0.052

Second quarter 2021 earnings released: EPS US$0.034 (vs US$0.049 in 2Q 2020)

Price target increased to US$24.85

Switch, Inc. Provides Revenue Guidance for the Full Year of Fiscal 2021

Here's Why I Think Switch (NYSE:SWCH) Might Deserve Your Attention Today

Founder notifies of intention to sell stock

We Think Switch (NYSE:SWCH) Is Taking Some Risk With Its Debt

We Think Shareholders Will Probably Be Generous With Switch, Inc.'s (NYSE:SWCH) CEO Compensation

Insider recently sold US$3.3m worth of stock

Consensus EPS estimates increase to US$0.25

Upcoming dividend of US$0.05 per share

Insider recently sold US$126m worth of stock

First quarter 2021 earnings released: EPS US$0.092 (vs US$0.013 loss in 1Q 2020)

Switch, Inc. Provides Revenue Guidance for the Full Year of 2021

Some Investors May Be Worried About Switch's (NYSE:SWCH) Returns On Capital

President notifies of intention to sell stock