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 (WHO). Since then, SCWX shares have increased by 9.1% and is now trading at $12.09.
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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."
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Secureworks is scheduled to release its next quarterly earnings announcement on Thursday, September 3rd 2020.
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Secureworks Corp (NASDAQ:SCWX) announced its quarterly earnings results on Thursday, June, 4th. The technology company reported $0.03 earnings per share for the quarter, beating the Zacks' consensus estimate 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 return on equity of 1.73% and a negative net margin of 5.51%. The business's revenue for the quarter was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.02) earnings per share.
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6 brokerages have issued twelve-month price targets for Secureworks' stock. Their forecasts range from $10.00 to $14.00. On average, they expect Secureworks' share price to reach $12.20 in the next year. This suggests a possible upside of 0.9% from the stock's current price.
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Media stories about SCWX stock have trended negative on Thursday, according to InfoTrie Sentiment. The research firm identifies negative and positive news 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 negative five to positive five, with scores nearest to five being the most favorable. Secureworks earned a news sentiment score of -2.0 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future.
View the latest news about Secureworks.

Some companies that are related to Secureworks include Momo (MOMO), LivePerson (LPSN), Cogent Communications (CCOI), Varonis Systems (VRNS), Appian (APPN), Bandwidth (BAND), Cloudera (CLDR), ACI Worldwide (ACIW), New Relic (NEWR), Tenable (TENB), Blackbaud (BLKB), Rapid7 (RPD), Altair Engineering (ALTR), Ping Identity (PING) and AlarmCom (ALRM).
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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 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.

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

Secureworks' stock is owned by many different retail and institutional investors. Top institutional shareholders include Horrell Capital Management Inc. (0.27%), Strs Ohio (0.05%), Swiss National Bank (0.02%), Dupont Capital Management Corp (0.02%), Altfest L J & Co. Inc. (0.02%) and UBS Group AG (0.00%).

SCWX stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG.

SCWX stock was purchased by a variety of institutional investors in the last quarter, including Horrell Capital Management Inc., Dupont Capital Management Corp, Altfest L J & Co. Inc., Swiss National Bank, and Strs Ohio.

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 $12.09.

Secureworks has a market capitalization of $993.07 million 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]