Wall Street analysts expect that Switch Inc (NYSE:SWCH) will report $99.55 million in sales for the current fiscal quarter, according to Zacks Investment Research. Five analysts have issued estimates for Switch’s earnings, with estimates ranging from $98.67 million to $100.66 million. The company is scheduled to report its next earnings results on Monday, February 12th.

On average, analysts expect that Switch will report full-year sales of $99.55 million for the current year, with estimates ranging from $377.61 million to $378.97 million. For the next financial year, analysts expect that the business will report sales of $433.28 million per share, with estimates ranging from $429.59 million to $436.83 million. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research firms that that provide coverage for Switch.

Switch (NYSE:SWCH) last issued its earnings results on Monday, November 13th. The company reported $0.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.01. The firm had revenue of $97.70 million during the quarter, compared to analyst estimates of $95.81 million. The firm’s revenue was up 19.6% on a year-over-year basis.

A number of equities analysts have issued reports on the company. Goldman Sachs Group assumed coverage on Switch in a report on Tuesday, October 31st. They issued a “neutral” rating for the company. William Blair assumed coverage on Switch in a report on Tuesday, October 31st. They issued an “outperform” rating for the company. Credit Suisse Group set a $22.00 target price on Switch and gave the stock a “buy” rating in a report on Wednesday, January 17th. Cowen assumed coverage on Switch in a report on Friday, January 19th. They issued an “underweight” rating for the company. Finally, Wells Fargo & Co assumed coverage on Switch in a report on Tuesday, October 31st. They issued a “market perform” rating for the company. One investment analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $21.83.

Switch (SWCH) opened at $16.33 on Wednesday. Switch has a fifty-two week low of $15.77 and a fifty-two week high of $24.90. The company has a quick ratio of 0.34, a current ratio of 0.34 and a debt-to-equity ratio of 5.18.

Hedge funds have recently modified their holdings of the company. FNY Managed Accounts LLC acquired a new stake in shares of Switch in the fourth quarter valued at about $181,000. American Assets Capital Advisers LLC acquired a new stake in shares of Switch in the fourth quarter valued at about $720,000. Shikiar Asset Management Inc. acquired a new stake in shares of Switch in the fourth quarter valued at about $1,157,000. Finally, Schwab Charles Investment Management Inc. acquired a new stake in shares of Switch in the fourth quarter valued at about $1,486,000. 0.20% of the stock is owned by institutional investors.

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Switch Company Profile

Switch, Inc is a technology infrastructure company. The Company is developer and operator of the SUPERNAP, data center facilities, and provides colocation, telecommunications, cloud services, and content ecosystems. The Company designs, constructs and operates hyperscale data centers that address the growing challenges facing the data center industry.

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