NASDAQ:SCWXSecureworks Stock Price, Forecast & News

Secureworks' stock was trading at $11.08 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SCWX shares have increased by 11.1% and is now trading at $12.31. View which stocks have been most impacted by Coronavirus.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Secureworks in the last year. There are currently 2 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Secureworks.

Secureworks is scheduled to release its next quarterly earnings announcement on Thursday, September 3rd 2020. View our earnings forecast for Secureworks.

Secureworks Corp (NASDAQ:SCWX) posted its earnings results on Thursday, June, 4th. The technology company reported $0.03 EPS for the quarter, beating analysts' consensus estimates of ($0.05) by $0.08. The technology company had revenue of $141.20 million for the quarter, compared to the consensus estimate of $134.85 million. Secureworks had a negative net margin of 5.73% and a negative return on equity of 2.27%. The company's revenue was up 6.3% on a year-over-year basis. During the same quarter last year, the company earned ($0.02) EPS. View Secureworks' earnings history.

6 analysts have issued 12 month price objectives for Secureworks' stock. Their forecasts range from $10.00 to $14.00. On average, they anticipate Secureworks' stock price to reach $12.20 in the next twelve months. This suggests that the stock has a possible downside of 0.9%. View analysts' price targets for Secureworks.

News stories about SCWX stock have trended negative recently, InfoTrie reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Secureworks earned a media sentiment score of -2.8 on InfoTrie's scale. They also gave media stories about the technology company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the company's share price in the next several days. View the latest news aboutSecureworks.

Some companies that are related to Secureworks include Blackline (BL), Qualys (QLYS), Momo (MOMO), Pivotal Software (PVTL), New Relic (NEWR), Q2 (QTWO), LogMeIn (LOGM), Descartes Systems Group (DSGX), Cyberark Software (CYBR), Appian (APPN), Cogent Communications (CCOI), Cloudera (CLDR), ACI Worldwide (ACIW), Tenable (TENB) and Blackbaud (BLKB). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Secureworks investors own include Activision Blizzard (ATVI), AT&T (T), Adobe (ADBE), Boeing (BA), Cisco Systems (CSCO), Enterprise Products Partners (EPD), Netflix (NFLX), AbbVie (ABBV), Intel (INTC) and salesforce.com (CRM).

(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 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.

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

Secureworks' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include ETF Managers Group LLC (1.12%), BlackRock Inc. (0.79%), Gagnon Securities LLC (0.60%), Deutsche Bank AG (0.31%), JPMorgan Chase & Co. (0.25%) and State Street Corp (0.20%).

SCWX stock was sold by a variety of institutional investors in the last quarter, including ETF Managers Group LLC, JPMorgan Chase & Co., Invesco Ltd., AQR Capital Management LLC, Wells Fargo & Company MN, Spark Investment Management LLC, Virginia Retirement Systems ET AL, and Two Sigma Advisers LP.

SCWX stock was bought by a variety of institutional investors in the last quarter, including Federated Hermes Inc., Deutsche Bank AG, Nuveen Asset Management LLC, Horrell Capital Management Inc., Connor Clark & Lunn Investment Management Ltd., Dynamic Technology Lab Private Ltd, Bogle Investment Management L P DE, and Trexquant Investment LP.

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.

One share of SCWX stock can currently be purchased for approximately $12.31.

Secureworks has a market capitalization of $1.00 billion and generates $552.77 million in revenue each year. The technology company earns $-31,670,000.00 in net income (profit) each year or ($0.19) on an earnings per share basis. Secureworks employs 2,663 workers across the globe.

The official website for Secureworks is www.secureworks.com.

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]