Switch Inc. (SWCH) shares ascend -0.06% on Tuesday: A Good Option for Optimistic Investors

Switch Inc. (SWCH) is owned by a number of high-value investors. Its largest direct holder is Thomas A. Thomas Director with 984,135 shares. The second-largest direct holder is Rob Roy Chairman of the Board and Chief Executive Officer, with 640,315 shares of the company’s stock. In third place with 522,773 shares of SWCH is Thomas Morton President, Chief Legal Officer and Secretary.

Now turning to institutional ownership of Switch Inc. (SWCH), Sylebra HK Co. Ltd. is the top holder with 7.56 million shares. The next largest fund holder of this company’s stock is ArrowMark Colorado Holdings LLC with 6.2 million shares. In the third-place spot with 5.73 million shares is The Vanguard Group, Inc..

This company’s stock price was $15.51 at the previous market close, with its latest volume reaching 1356230. Compare that to its average daily volume of 802.88K. Given the fact that this stock has 240.35M shares outstanding, its current market value is sitting at $3.73B. Its Price to Sales ratio is 8.48, its Price to Cash Flow ratio is 71.01, and its Price to Book ratio is 6.20.

SWCH stock has achieved a 5-day range of $15.14 to $15.95, with a total performance of -1.65% during that period. Meanwhile, in the past month of trading, this stock has traded in the range of $13.98 to $16.38, generating a +5.15% change during the period. In the past three months, this stock’s price has changed by -5.20%, trading in the range of $13.98 to $16.95.

In the past 5 days, shares of SWCH have made a new high 1 time. In the last month, it has made a new high 6 times, and in the past 3 months, it has made a new high 3 times.

Now let’s turn to this public company’s earnings. For the quarter ending 9/29/2019, the earnings per share (EPS) was reported at 0.02. This is a -0.02 difference compared to the consensus estimate of 0.04, amounting to an earnings surprise of -50.00%. In the previous quarter, which ended in 9/29/2019, the consensus estimate was 0.05, making for an earnings surprise of -80.00%. For the quarter ending 3/30/2019, EPS was reported at 0.01, generating a -75.00% earnings surprise.

The Net Income for the most recent full fiscal year, which ended in 12-2018, was $29.32 million. This is compared to the prior year, where Net Income was $-8.58 million. Meanwhile, this company’s Operating Cash Flow was $178.33 million for the year, compared to $145.1 million in 2017. Capital Expenditures for the year were reportedly -$275.52 million, compared to -$402.56 million, and Free Cash flow was $-97.19 million compared to the prior year’s $-257.46 million.

Switch Inc. (SWCH) stock currently has a Financial Strength score of 4/10. This is due to a combination of factors, including a Cash to Debt ratio of 0.08, an Equity to Asset ratio of 0.13, a Debt to Equity ratio of 3.19 and a Debt to EBITDA of 3.88. The Interest Coverage of this stock is 2.56, its Piotroski F-Score is 5, its Altman Z-Score is 2.7 and its Beneish M-Score is -2.1.

This publicly-traded company’s Profitability and Growth score is 5/10, thanks to a combination of things: an Operating Margin of 16.2, a Net Margin of 1.48, a ROE of 3.94, and a ROC of 4.15.

Shifting focus now to Valuation and Return for SWCH, this company’s Price to Tangible Book is 18.03 and its Price to Median PS Value is 1.06. Price to Peter Lynch Fair Value for SWCH is now 0.00, and this organization’s Price to Graham Number is 11.75.

Certain ratios provide helpful insights into how a stock is performing. The Quick Ratio for SWCH is sitting at 0.77, while its Current Ratio is 0.77. This stock’s PB Ratio is 18.05, its PS Ratio is 3, its Forward PE Ratio is 71.94, and its PE Ratio without NRI is 172.32. Similarly, its Price to Operating Cash Flow is 6.53.