|Bid||9.030 x 900|
|Ask||9.040 x 800|
|Day's Range||8.830 - 9.130|
|52 Week Range||8.450 - 20.180|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.06 (0.65%)|
|1y Target Est||N/A|
Investor patience wearing thin after the data-center design and operations company lowers its outlook and disappoints on earnings.
Switch’s earnings report for the second quarter of the year includes earnings per share of 2 cents. This is a drop from the company’s earnings per share of 7 cents from the same time last year. It was also bad news for SWCH stock by coming in below Wall Street’s earnings per share estimate of 5 cents for the period.
Data center designer and technology infrastructure company Switch Inc (NYSE: SWCH )'s second-quarter earnings report and disappointing guidance prompted JPMorgan to drop its bullish stance. The Analyst ...
Shares of Switch Inc. (swch) are down 26% in Tuesday morning trading after the company reported weaker-than-expected earnings and delivered a disappointing forecast. Several analysts downgraded the stock, including BTIG's Edward Parker, who lowered his rating to neutral from buy. "However, Switch needs to deliver results consistently in order to regain the investor confidence it has lost over these past two quarters." J.P. Morgan's Richard Choe also downgraded the stock to neutral, writing that his "higher-growth thesis appears to be pushed out and lowered for 2019." Choe lowered his price target to $13 from $17.
Each day, the Benzinga Pro news team highlights several stocks with Trading Idea potential. Be the first to see them by becoming a Benzinga Pro user ! The Coca-Cola Co (NYSE: KO ) stock was trading flat ...
Switch Inc. (swch) shares plunged 19% in the extended session Monday after the company missed Wall Street earnings estimates and lowered its guidance for the year. Switch said that as a result of several deals closing later than originally anticipated, it was lowering its full year guidance to sales of $405 million to $408 million from $423 million to $440 million. Switch stock has fallen 23% this year, as the S&P 500 index (spx) has gained 6%.
On a per-share basis, the Las Vegas-based company said it had profit of 2 cents. The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research ...
Small-caps and large-caps are wildly popular among investors; however, mid-cap stocks, such as Switch Inc (NYSE:SWCH) with a market-capitalization of US$3.49b, rarely draw their attention. While they are less talkedRead More...
Despite lackluster performance by shares of data center provider Switch Inc (NYSE: SWCH ), a Stifel analyst sees value and upside in the stock. The Analyst Analyst Erik Rasmussen initiated coverage of Switch ...
Up-and-coming stocks may not have household recognition — or even any kind of recognition. Fresh entrants into the publicly-traded markets don’t always have the best reputation: did I just hear someone mention Blue Apron Holdings Inc (NYSE:APRN)? Here are three up-and-coming stocks to buy that you might be overlooking, but you shouldn’t!
Co-location data-center company Switch Inc (NYSE:SWCH) went public at $17 a share in October 2017. SWCH stock briefly rose above $20 in its first few days of trading, but it has been nothing but down since then. Now, SWCH stock is priced around $13, representing approximately a 35% decline since its early days on Wall Street.
The data center facilities developer announced that its first quarter of fiscal 2018 brought in net income of $4 million, which amounted to 2 cents per share. Analysts were calling for Switch to earn about 5 cents per share on an adjusted basis, according to data compiled from a FactSet survey. For its second quarter, Switch projects that its full-year revenue will be in the range of $423 million to $440 million, compared to the Wall Street consensus estimate of $431.3 million.
On a per-share basis, the Las Vegas-based company said it had net income of 2 cents. The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research ...
Increase in profitability and industry-beating performance can be essential considerations in a stock for some investors. In this article, I will take a look at Switch Inc’s (NYSE:SWCH) track recordRead More...