NASDAQ:SCWX

SecureWorks Stock Forecast, Price & News

$20.71
-0.22 (-1.05 %)
(As of 07/28/2021 12:00 AM ET)
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Today's Range
$20.68
$21.23
50-Day Range
$13.76
$22.87
52-Week Range
$10.01
$23.26
Volume62,093 shs
Average Volume114,403 shs
Market Capitalization$1.73 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.13
30 days | 90 days | 365 days | Advanced Chart
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SecureWorks logo

About SecureWorks

SecureWorks Corp., through its subsidiaries, provides technology-driven information security solutions for protecting its customers in the United States and internationally. The company's solutions include software-as-a-service solutions, managed security services, and professional services, including incident response and security risk consulting services. Its solutions enable organizations to prevent security breaches, detect malicious activity, respond rapidly to security breaches, and identify emerging threats. The company sells its solutions primarily through its direct sales organization, as well as through referral agents, regional value-added resellers, and trade associations. It serves customers in a range of industries, including financial services, manufacturing, technology, retail, insurance, utility, and healthcare sectors. The company was formerly known as SecureWorks Holding Corporation and changed its name to SecureWorks Corp. in November 2015. SecureWorks Corp. was founded in 1999 and is headquartered in Atlanta, Georgia. SecureWorks Corp. is a subsidiary of Dell Inc.

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MarketRank

Overall MarketRank

1.45 out of 5 stars

Computer And Technology Sector

618th out of 1,640 stocks

Prepackaged Software Industry

165th out of 339 stocks

Analyst Opinion: 0.8Community Rank: 3.1Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 0.0 5 -4 -3 -2 -1 -
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SecureWorks (NASDAQ:SCWX) Frequently Asked Questions

Is SecureWorks a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SecureWorks in the last twelve months. There are currently 2 sell ratings and 3 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" SecureWorks stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SCWX, but not buy additional shares or sell existing shares.
View analyst ratings for SecureWorks
or view top-rated stocks.

What stocks does MarketBeat like better than SecureWorks?

Wall Street analysts have given SecureWorks a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but SecureWorks wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting SecureWorks?

SecureWorks saw a drop in short interest during the month of July. As of July 15th, there was short interest totaling 395,400 shares, a drop of 40.3% from the June 30th total of 662,600 shares. Based on an average daily volume of 158,800 shares, the short-interest ratio is presently 2.5 days. Currently, 4.5% of the company's shares are short sold.
View SecureWorks' Short Interest
.

When is SecureWorks' next earnings date?

SecureWorks is scheduled to release its next quarterly earnings announcement on Wednesday, September 8th 2021.
View our earnings forecast for SecureWorks
.

How were SecureWorks' earnings last quarter?

SecureWorks Corp. (NASDAQ:SCWX) announced its quarterly earnings results on Wednesday, June, 2nd. The technology company reported $0.05 EPS for the quarter, beating the Zacks' consensus estimate of ($0.04) by $0.09. The technology company had revenue of $139.50 million for the quarter, compared to the consensus estimate of $135.10 million. SecureWorks had a positive trailing twelve-month return on equity of 0.15% and a negative net margin of 3.71%. The firm's quarterly revenue was down 1.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.03 earnings per share.
View SecureWorks' earnings history
.

How has SecureWorks' stock price been impacted by COVID-19 (Coronavirus)?

SecureWorks' stock was trading at $11.08 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SCWX shares have increased by 86.9% and is now trading at $20.71.
View which stocks have been most impacted by COVID-19
.

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

SecureWorks updated its FY 2022 earnings guidance on Tuesday, June, 29th. The company provided earnings per share (EPS) guidance of $-0.130-$-0.040 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $-0.280. The company issued revenue guidance of $540 million-$550 million, compared to the consensus revenue estimate of $540.67 million.

What price target have analysts set for SCWX?

5 brokers have issued 12-month price targets for SecureWorks' shares. Their forecasts range from $14.00 to $15.00. On average, they anticipate SecureWorks' stock price to reach $14.75 in the next year. This suggests that the stock has a possible downside of 28.8%.
View analysts' price targets for SecureWorks
or view top-rated stocks among Wall Street analysts.

Who are SecureWorks' key executives?

SecureWorks' management team includes the following people:
  • Mr. Michael R. Cote, CEO & Director (Age 60, Pay $1.18M)
  • Mr. Paul M. Parrish, Sr. VP & CFO (Age 59, Pay $769.44k)
  • Ms. Wendy K. Thomas, Pres of Customer Success (Age 49, Pay $714.7k)
  • Mr. Christian M. Grant, VP & Chief Accounting Officer (Age 45)
  • Mr. George Barry Hanna, Sr. VP, Chief Legal and Admin. Officer & Corp. Sec.
  • Elizabeth W. Clarke, Director of Media Relations
  • Mr. Ian Bancroft, Chief Sales Officer
  • Mr. Barry Hensley, Chief Threat Intelligence Officer
  • Mr. Steve Fulton, Chief Product Officer
  • Ms. Maureen Perrelli, Sr. VP & Chief Channel Officer

What is Mike Cote's approval rating as SecureWorks' CEO?

139 employees have rated SecureWorks CEO Mike Cote on Glassdoor.com. Mike Cote has an approval rating of 83% among SecureWorks' employees.

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 AT&T (T), Adobe (ADBE), Activision Blizzard (ATVI), The Boeing (BA), Enterprise Products Partners (EPD), Intel (INTC), Netflix (NFLX), AbbVie (ABBV), Cisco Systems (CSCO) and Marvell Technology (MRVL).

When did SecureWorks IPO?

(SCWX) raised $148 million in an 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.

What is SecureWorks' stock symbol?

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

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is SecureWorks' stock price today?

One share of SCWX stock can currently be purchased for approximately $20.71.

How much money does SecureWorks make?

SecureWorks has a market capitalization of $1.73 billion and generates $561.03 million in revenue each year. The technology company earns $-21,900,000.00 in net income (profit) each year or ($0.01) on an earnings per share basis.

How many employees does SecureWorks have?

SecureWorks employs 2,696 workers across the globe.

What is SecureWorks' official website?

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

Where are SecureWorks' headquarters?

SecureWorks is headquartered at ONE CONCOURSE PARKWAY SUITE 500, ATLANTA GA, 30328.

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]


This page was last updated on 7/29/2021 by MarketBeat.com Staff
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