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Secureworks Stock Price, Forecast & Analysis (NASDAQ:SCWX)

$10.85
-0.03 (-0.28 %)
(As of 11/15/2019 05:44 AM ET)
Today's Range
$10.72
Now: $10.85
$11.04
50-Day Range
$10.81
MA: $12.42
$13.80
52-Week Range
$10.37
Now: $10.85
$24.91
Volume127,200 shs
Average Volume218,832 shs
Market Capitalization$1.00 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.11
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. Read More…

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$0.32 per share
Book Value$8.55 per share

Profitability

Net Income$-39,100,000.00

Miscellaneous

Employees2,663
Market Cap$1.00 billion
Next Earnings Date12/5/2019 (Estimated)
OptionableOptionable

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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) released its earnings results on Thursday, September, 5th. The technology company reported ($0.01) earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of ($0.10) by $0.09. The technology company earned $136.60 million during the quarter, compared to analyst estimates of $133.02 million. Secureworks had a negative return on equity of 1.61% and a negative net margin of 6.38%. The company's revenue for the quarter was up 6.1% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.01) earnings per share. View Secureworks' Earnings History.

When is Secureworks' next earnings date?

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

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

Secureworks updated its FY20 earnings guidance on Thursday, September, 5th. The company provided EPS guidance of ($0.11)-($0.08) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.12). The company issued revenue guidance of $540-545 million, compared to the consensus revenue estimate of $539.68 million.

What price target have analysts set for SCWX?

6 equities research analysts have issued 12-month price targets for Secureworks' shares. Their forecasts range from $12.00 to $18.00. On average, they expect Secureworks' share price to reach $14.42 in the next twelve months. This suggests a possible upside of 32.9% from the stock's current price. View Analyst Price Targets for Secureworks.

What is the consensus analysts' recommendation for Secureworks?

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

Has Secureworks been receiving favorable news coverage?

Press coverage about SCWX stock has been trending somewhat negative recently, InfoTrie reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Secureworks earned a news impact score of -1.4 on InfoTrie's scale. They also assigned news coverage about the technology company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Secureworks.

Are investors shorting Secureworks?

Secureworks saw a drop in short interest in the month of October. As of October 31st, there was short interest totalling 1,660,000 shares, a drop of 19.0% from the September 30th total of 2,050,000 shares. Based on an average daily volume of 153,000 shares, the days-to-cover ratio is presently 10.8 days. Currently, 22.0% of the shares of the company are short sold. View Secureworks' Current Options Chain.

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), Activision Blizzard (ATVI), Netflix (NFLX), Cisco Systems (CSCO), Cypress Semiconductor (CY), Pure Storage (PSTG), Adobe (ADBE), Square (SQ), Marvell Technology Group (MRVL) and Micron Technology (MU).

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 a price of $15.50-$17.50 per share. BofA Merrill Lynch, Morgan Stanley, Goldman Sachs and J.P. Morgan acted 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 a variety of of retail and institutional investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (0.10%), Virginia Retirement Systems ET AL (0.05%), California Public Employees Retirement System (0.04%) and Rhumbline Advisers (0.02%).

Which major investors are buying Secureworks stock?

SCWX stock was bought by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, California Public Employees Retirement System, Virginia Retirement Systems ET AL and Rhumbline Advisers.

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, Robinhood, Fidelity and Charles Schwab.

What is Secureworks' stock price today?

One share of SCWX stock can currently be purchased for approximately $10.85.

How big of a company is Secureworks?

Secureworks has a market capitalization of $1.00 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.View Additional Information About Secureworks.

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:  250 (Vote Outperform)
Underperform Votes:  302 (Vote Underperform)
Total Votes:  552
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 11/15/2019 by MarketBeat.com Staff

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