NASDAQ:SCWXSecureworks Stock Price, Forecast & News

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 stock has increased by 10.9% and is now trading at $12.29.
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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) issued its quarterly earnings results on Thursday, June, 4th. The technology company reported $0.03 earnings per share for the quarter, topping the consensus estimate of ($0.05) by $0.08. The technology company earned $141.20 million during the quarter, compared to analyst estimates of $134.85 million. Secureworks had a negative net margin of 5.51% and a negative return on equity of 1.73%. The firm's revenue was up 6.3% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.02) earnings per share.
View Secureworks' earnings history.

6 brokerages have issued 12 month price targets for Secureworks' shares. Their forecasts range from $10.00 to $14.00. On average, they anticipate Secureworks' share price to reach $12.20 in the next twelve months. This suggests that the stock has a possible downside of 0.7%.
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Media coverage about SCWX stock has trended somewhat negative on Wednesday, InfoTrie reports. The research firm identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. 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 daily sentiment score of -1.0 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an impact on the stock's share price in the next several days.
View the latest news about Secureworks.

Some companies that are related to Secureworks include Varonis Systems (VRNS), Appian (APPN), Bandwidth (BAND), LivePerson (LPSN), Cloudera (CLDR), Tenable (TENB), New Relic (NEWR), ACI Worldwide (ACIW), Blackbaud (BLKB), 2U (TWOU), Rapid7 (RPD), Altair Engineering (ALTR), Ping Identity (PING), AlarmCom (ALRM) and Mimecast (MIME).
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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 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 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.

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

Secureworks' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Horrell Capital Management Inc. (0.27%), Strs Ohio (0.05%), 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 acquired by a variety of institutional investors in the last quarter, including Horrell Capital Management Inc., Dupont Capital Management Corp, Altfest L J & Co. Inc., 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 $12.29.

Secureworks has a market capitalization of $1.01 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]