NASDAQ:SCWX - Secureworks Stock Price, News, & Analysis

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$16.35 -0.59 (-3.48 %)
(As of 05/24/2019 02:48 AM ET)
Previous Close$16.94
Today's Range$16.15 - $16.87
52-Week Range$10.21 - $24.91
Volume117,600 shs
Average Volume263,255 shs
Market Capitalization$1.33 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.05
SecureWorks Corp., a cybersecurity company, provides an integrated suite of intelligence-driven information security solutions focused on protecting organizations worldwide. The company's solutions include managed security, threat intelligence, security and risk consulting, and incident response. Its solutions enable organizations to fortify their cyber defenses to prevent security breaches, detect malicious activity, respond to security breaches, and predict emerging threats. The company serves clients in a range of industries, including the financial services, manufacturing, technology, retail, insurance, utility, and healthcare sectors. As of February 1, 2019, it served approximately 4,700 customers in 52 countries. The company was formerly known as SecureWorks Holding Corporation and changed its name to SecureWorks Corp. in November 2015. The company was founded in 1999 and is headquartered in Atlanta, Georgia. SecureWorks Corp. is a subsidiary of Dell Inc.

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Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:SCWX
CUSIPN/A
Phone404-327-6339

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$518.71 million
Cash Flow$0.3202 per share
Book Value$8.55 per share

Profitability

Net Income$-39,100,000.00

Miscellaneous

Employees2,663
Market Cap$1.33 billion
Next Earnings Date6/5/2019 (Confirmed)
OptionableOptionable

Secureworks (NASDAQ:SCWX) Frequently Asked Questions

What is Secureworks' stock symbol?

Secureworks trades on the NASDAQ under the ticker symbol "SCWX."

How were Secureworks' earnings last quarter?

Secureworks Corp (NASDAQ:SCWX) posted its earnings results on Wednesday, March, 27th. The technology company reported $0.02 earnings per share for the quarter, beating analysts' consensus estimates of ($0.04) by $0.06. The technology company earned $130.70 million during the quarter, compared to analyst estimates of $132.62 million. Secureworks had a negative net margin of 7.54% and a negative return on equity of 1.85%. Secureworks's revenue for the quarter was up 8.3% compared to the same quarter last year. During the same period last year, the firm posted ($0.09) earnings per share. View Secureworks' Earnings History.

When is Secureworks' next earnings date?

Secureworks is scheduled to release their next quarterly earnings announcement on Wednesday, June 5th 2019. View Earnings Estimates for Secureworks.

How can I listen to Secureworks' earnings call?

Secureworks will be holding an earnings conference call on Wednesday, June 5th at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What guidance has Secureworks issued on next quarter's earnings?

Secureworks issued an update on its FY20 earnings guidance on Wednesday, March, 27th. The company provided earnings per share (EPS) guidance of $0.09-0.13 for the period, compared to the Thomson Reuters consensus estimate of $0.05. The company issued revenue guidance of $565-575 million, compared to the consensus revenue estimate of $569.72 million.Secureworks also updated its FY 2020 guidance to $-0.13--0.09 EPS.

What price target have analysts set for SCWX?

8 Wall Street analysts have issued twelve-month price targets for Secureworks' stock. Their forecasts range from $11.00 to $18.00. On average, they anticipate Secureworks' stock price to reach $14.25 in the next year. This suggests that the stock has a possible downside of 12.8%. View Analyst Price Targets for Secureworks.

What is the consensus analysts' recommendation for Secureworks?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Secureworks in the last year. There are currently 3 sell ratings and 5 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Secureworks.

Has Secureworks been receiving favorable news coverage?

News headlines about SCWX stock have been trending very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Secureworks earned a media sentiment score of -3.0 on InfoTrie's scale. They also gave news articles about the technology company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days.

Who are some of Secureworks' key competitors?

What other stocks do shareholders of Secureworks own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Secureworks investors own include Intel (INTC), Netflix (NFLX), Activision Blizzard (ATVI), Cypress Semiconductor (CY), Pure Storage (PSTG), Square (SQ), Adobe (ADBE), Marvell Technology Group (MRVL), Ultra Clean (UCTT) and VMware (VMW).

Who are Secureworks' key executives?

Secureworks' management team includes the folowing people:
  • Mr. Michael R. Cote, Pres, CEO & Director (Age 58)
  • Mr. R. Wayne Jackson, Sr. VP & CFO (Age 61)
  • Mr. Kevin Hanes, Chief Operating Officer
  • Ms. Teri L. Miller, VP & Chief Accounting Officer (Age 51)
  • Mr. Jon R. Ramsey, Chief Technology Officer

When did Secureworks IPO?

(SCWX) raised $148 million in an initial public offering (IPO) on Friday, April 22nd 2016. The company issued 9,000,000 shares at $15.50-$17.50 per share. BofA Merrill Lynch, Morgan Stanley, Goldman Sachs and J.P. Morgan served as the underwriters for the IPO and Barclays, Citigroup, Credit Suisse, RBC Capital Markets, UBS Investment Bank, Pacific Crest Securities (a division of KeyBanc Capital Markets), Stifel, SunTrust Robinson Humphrey, William Blair, Academy Securities, Ramirez, Siebert Brandford Shank, The Williams Capital Group Academy Securities Ramirez, Sert Brandford Shank and The Williams Capital Group were co-managers.

Who are Secureworks' major shareholders?

Secureworks' stock is owned by many different of institutional and retail investors. Top institutional shareholders include ETF Managers Group LLC (0.80%), Royce & Associates LP (0.74%), BlackRock Inc. (0.73%), Gagnon Securities LLC (0.60%), Renaissance Technologies LLC (0.28%) and Spark Investment Management LLC (0.25%).

Which institutional investors are selling Secureworks stock?

SCWX stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Renaissance Technologies LLC, Horrell Capital Management Inc., ETF Managers Group LLC, JPMorgan Chase & Co., Prescott Group Capital Management L.L.C., US Bancorp DE and Gagnon Securities LLC.

Which institutional investors are buying Secureworks stock?

SCWX stock was purchased by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Spark Investment Management LLC, Wells Fargo & Company MN, Morgan Stanley, BlackRock Inc., AQR Capital Management LLC, Geode Capital Management LLC and Parametric Portfolio Associates LLC.

How do I buy shares of Secureworks?

Shares of SCWX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Secureworks' stock price today?

One share of SCWX stock can currently be purchased for approximately $16.35.

How big of a company is Secureworks?

Secureworks has a market capitalization of $1.33 billion and generates $518.71 million in revenue each year. The technology company earns $-39,100,000.00 in net income (profit) each year or ($0.16) on an earnings per share basis. Secureworks employs 2,663 workers across the globe.

What is Secureworks' official website?

The official website for Secureworks is http://www.secureworks.com/.

How can I contact Secureworks?

Secureworks' mailing address is ONE CONCOURSE PARKWAY SUITE 500, ATLANTA GA, 30328. The technology company can be reached via phone at 404-327-6339 or via email at [email protected]


MarketBeat Community Rating for Secureworks (NASDAQ SCWX)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  223 (Vote Outperform)
Underperform Votes:  258 (Vote Underperform)
Total Votes:  481
MarketBeat's community ratings are surveys of what our community members think about Secureworks and other stocks. Vote "Outperform" if you believe SCWX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SCWX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/24/2019 by MarketBeat.com Staff

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