How to buy Switch stock | $20.83

Switch, Inc is an information technology services business based in the US. Switch shares (SWCH) are listed on the NYSE and all prices are listed in US Dollars. Switch employs 759 staff and has a trailing 12-month revenue of around 0.00.

Switch stock price (NYSE: SWCH)

Use our graph to track the performance of SWCH stocks over time.

Switch shares at a glance

• Key figures

Information last updated 2021-07-28.

Latest market close	$20.83
52-week range	$13.30 - $21.99
50-day moving average	$21.16
200-day moving average	$18.40
Wall St. target price	$21.50
PE ratio	113.8674
Dividend yield	$0.179 (0.87%)
Earnings per share (TTM)	$0.18

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Is it a good time to buy Switch stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Switch, Inc by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Switch price performance over time

Historical closes compared with the close of $20.83 from 2021-06-08

1 week (2021-07-21)	N/A
1 month (2021-07-01)	-2.16%
3 months (2021-04-30)	12.17%
6 months (2021-01-28)	N/A

1 year (2020-07-28)	N/A
2 years (2019-07-28)	N/A
3 years (2018-07-28)	N/A
5 years (2016-07-28)	N/A

Is Switch under- or over-valued?

Valuing Switch stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Switch's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Switch's P/E ratio

Switch's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 114x. In other words, Switch shares trade at around 114x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Switch's EBITDA

Switch's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $248.9 million.

The EBITDA is a measure of a Switch's overall financial performance and is widely used to measure a its profitability.

Switch financials

Revenue TTM	$514.3 million
Operating margin TTM	19.22%
Gross profit TTM	$232.1 million
Return on assets TTM	3.08%
Return on equity TTM	10.72%
Profit margin	5.52%
Book value	$2.27
Market capitalisation	$5 billion

TTM: trailing 12 months

Shorting Switch shares

There are currently 8.7 million Switch shares held short by investors – that's known as Switch's "short interest". This figure is 5.6% up from 8.3 million last month.

There are a few different ways that this level of interest in shorting Switch shares can be evaluated.

Switch's "short interest ratio" (SIR)

Switch's "short interest ratio" (SIR) is the quantity of Switch shares currently shorted divided by the average quantity of Switch shares traded daily (recently around 1.9 million). Switch's SIR currently stands at 4.59. In other words for every 100,000 Switch shares traded daily on the market, roughly 4590 shares are currently held short.

However Switch's short interest can also be evaluated against the total number of Switch shares, or, against the total number of tradable Switch shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Switch's short interest could be expressed as 0.04% of the outstanding shares (for every 100,000 Switch shares in existence, roughly 40 shares are currently held short) or 0.0785% of the tradable shares (for every 100,000 tradable Switch shares, roughly 79 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Switch.

Find out more about how you can short Switch stock.

Switch share dividends

Dividend payout ratio: 80% of net profits

Recently Switch has paid out, on average, around 80% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.96% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Switch shareholders could enjoy a 0.96% return on their shares, in the form of dividend payments. In Switch's case, that would currently equate to about $0.179 per share.

Switch's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Switch's most recent dividend payout was on 3 June 2021. The latest dividend was paid out to all shareholders who bought their shares by 23 May 2021 (the "ex-dividend date").

Switch share price volatility

Over the last 12 months, Switch's shares have ranged in value from as little as $13.3016 up to $21.985. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Switch's is 0.7245. This would suggest that Switch's shares are less volatile than average (for this exchange).

Switch overview

Switch, Inc. , through its subsidiary, Switch, Ltd. , provides colocation space and related services in the United States. 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.

Frequently asked questions

What percentage of Switch is owned by insiders or institutions?
Currently 22.454% of Switch shares are held by insiders and 74.159% by institutions. How many people work for Switch?
Latest data suggests 759 work at Switch. When does the fiscal year end for Switch?
Switch's fiscal year ends in December. Where is Switch based?
Switch's address is: 7135 South Decatur Boulevard, Las Vegas, NV, United States, 89118 What is Switch's ISIN number?
Switch's international securities identification number is: US87105L1044 What is Switch's CUSIP number?
Switch's Committee on Uniform Securities Identification Procedures number is: 87105L104