This company has been acquired
SWCH Stock Overview
Switch, Inc., through its subsidiary, Switch, Ltd., provides colocation space and related services. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 1/6 |
| Past Performance | 4/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
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Switch, Inc. Competitors
Price History & Performance
| 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 | 0.80% |
| 1 Year Change | 30.43% |
| 3 Year Change | 129.71% |
| 5 Year Change | 100.64% |
| Change since IPO | 64.35% |
Recent News & Updates
Recent updates
Switch declares goes ex-dividend tomorrow
Aug 18Switch: Likely To Be Acquired But Not By Digital Realty Or Equinix
Apr 16Switch: This Small Data Center Company Doesn't Look That Special
Jan 27Switch Has Superior Data Center Growth
Dec 14Switch to raise $430M to fund the acquisition of Data Foundry
Jun 01Switch EPS beats by $0.02, beats on revenue
May 10Switch shares up on acquiring Data Foundry for $420M and preliminary Q1 results
May 03Switch +4.3% as Jefferies boosts to Buy on valuation
Jan 13Switch goes ex-dividend on Monday
Nov 13Switch: How Much Longer Will Investors Deal With Disappointment?
Nov 06Shareholder Returns
| SWCH | US IT | US Market | |
|---|---|---|---|
| 7D | 0.06% | -4.4% | -2.5% |
| 1Y | 30.4% | 10.0% | 13.1% |
Return vs Industry: SWCH exceeded the US IT industry which returned -25.1% over the past year.
Return vs Market: SWCH exceeded the US Market which returned -17.6% over the past year.
Price Volatility
| SWCH volatility | |
|---|---|
| SWCH Average Weekly Movement | 0.5% |
| IT Industry Average Movement | 8.8% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 17.5% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: SWCH has not had significant price volatility in the past 3 months.
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 | 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
| SWCH fundamental statistics | |
|---|---|
| Market cap | US$8.42b |
| Earnings (TTM) | US$379.15m |
| Revenue (TTM) | US$668.65m |
14.3x
P/E Ratio8.1x
P/S RatioIs SWCH overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 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 comparisonDividends
0.6%
Current Dividend Yield8%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/12/06 16:13 |
| End of Day Share Price | 2022/12/05 00:00 |
| Earnings | 2022/09/30 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Switch, Inc. is covered by 19 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Timothy Long | Barclays |
| Brendan Lynch | Barclays |
| Nathan Crossett | Berenberg |