10.43 0.00 (0.00%)
After hours: 5:27PM EDT
|Bid||10.23 x 1400|
|Ask||10.45 x 1800|
|Day's Range||10.28 - 10.55|
|52 Week Range||6.39 - 16.04|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||117.19|
|Forward Dividend & Yield||0.06 (0.71%)|
|1y Target Est||N/A|
While small-cap stocks, such as Switch, Inc. (NYSE:SWCH) with its market cap of US$2.6b, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn...
Rackspace has hired a new senior vice president of corporate development who will be responsible for investor relations.
Switch Inc is a technology infrastructure company. Warning! GuruFocus has detected 4 Warning Signs with JACK. For the last quarter Switch Inc reported a revenue of $103.2 million, compared with the revenue of $99.33 million during the same period a year ago.
BMO Capital Markets analyst Tim Long maintained an Outperform rating on Switch and increased the price target from $10.50 to $11. The analyst said he views the below-consensus 2019 guidance range positively, as it suggests a healthy pipeline.
Switch (SWCH) delivered earnings and revenue surprises of 66.67% and -1.10%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Las Vegas-based company said it had net income of 5 cents. The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research ...
Switch (NYSE:SWCH) posted its latest quarterly results after the bell today, amassing earnings that were stronger than what Wall Street expected, revenue that missed the mark and a disappointing full-year guidance.Source: Shutterstock The Las Vegas-based operator of the SUPERNAP data center said that for its fourth quarter of fiscal 2018, it amassed earnings of 5 cents per share, around 3 cents higher than what analysts were calling for in the Wall Street consensus estimate. Switch also brought in revenue of $103.21 million, which is lower than the $104.15 million that analysts were calling for."We are pleased with Switch's progress toward meeting its financial and strategic goals during the final quarter of 2018," said Gabe Nacht, CFO of Switch. "We delivered revenues within our revised guidance range, while our solid cost discipline drove strong profitability with Adjusted EBITDA coming in above the high end of our revised outlook."InvestorPlace - Stock Market News, Stock Advice & Trading TipsFor its fiscal 2019, Switch sees its sales as being in the range of $436 million to $445 million, below the Wall Street guidance of $449.8 million."We enter 2019 well-positioned from a sellable capacity perspective with low debt leverage, and we remain focused on sound execution across all facets of the business," Nacht added.SWCH stock was up about 12.9% by day's end as the company geared up to report its latest quarterly earnings results. An earnings beat saw shares increase an additional 0.3% after the bell Tuesday. More From InvestorPlace * The 10 Best Stocks to Buy for the Bull Market's Anniversary * 5 Airline Stocks In Serious Trouble * 7 Top Stocks to Buy From Goldman Sachs' Secret Portfolio Compare Brokers The post Switch Earnings: SWCH Stock Higher on Q4 EPS Beat, Sales Miss appeared first on InvestorPlace.
While it may not be enough for some shareholders, we think it is good to see the Switch, Inc. (NYSE:SWCH) share price up 14% in a single quarter. But thatRead More...
On Tuesday, March 12, Switch (NYSE: SWCH ) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release. Earnings and Revenue Switch EPS will ...
It is not uncommon to see companies perform well in the years after insiders buy shares. The flip side of that is that there are more than a few examples Read More...
Investing in small cap stocks has historically been a way to outperform the market, as small cap companies typically grow faster on average than the blue chips. That outperformance comes with a price, however, as there are occasional periods of higher volatility. The one and a half month time period since the end of the […]
Switch (SWCH) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.
Credit Suisse analyst Sami Badri reiterated an Outperform rating on Switch with a $14 price target. Citigroup analyst Michael Rollins maintained a Buy rating. Notwithstanding a deceleration in connectivity and co-location growth, Switch reported revenues and adjusted EBITDA ahead of Credit Suisse's expectations, Badri said in a Wednesday note.