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NVDA   221.73 (+5.14%)
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BABA   105.50 (+0.05%)
AMD   85.91 (+2.66%)
T   19.25 (-1.69%)
F   13.45 (+2.36%)
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NASDAQ:SCWX

SecureWorks - SCWX Stock Forecast, Price & News

$8.56
-0.08 (-0.93%)
(As of 02/7/2023 12:00 AM ET)
Add
Compare
Today's Range
$8.40
$8.64
50-Day Range
$5.34
$8.64
52-Week Range
$5.28
$16.23
Volume
38,925 shs
Average Volume
47,149 shs
Market Capitalization
$724.60 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$11.50

SecureWorks MarketRank™ Forecast

Analyst Rating
Reduce
1.25 Rating Score
Upside/​Downside
34.3% Upside
$11.50 Price Target
Short Interest
Healthy
2.15% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Acquiring Shares
$65,517 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($1.01) to ($0.91) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.88 out of 5 stars

Computer And Technology Sector

414th out of 610 stocks

Prepackaged Software Industry

147th out of 216 stocks

SCWX stock logo

About SecureWorks (NASDAQ:SCWX) Stock

SecureWorks Corp. is a cyber security company engaged in the provision of information security solutions. The firm's products include extended detection and response, managed detection and response, and vulnerability management. Its services include managed security, incident response, threat intelligence, security consulting, and adversarial security testing. The company was founded on 1999 and is headquartered in Atlanta, GA.

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SCWX Stock News Headlines

The #1 Energy Stock to Buy
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
SecureWorks Corp. Q3 2023 Earnings Call Transcript
A gold storm is coming…
“We are in the early stages of a mania – the calm before the storm.”...
Secureworks Unveils Partner First Strategy
SecureWorks (NASDAQ:SCWX) Releases Q3 2023 Earnings Guidance
See More Headlines
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SCWX Company Calendar

Last Earnings
12/01/2022
Today
2/07/2023
Next Earnings (Estimated)
3/16/2023
Fiscal Year End
1/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:SCWX
Fax
N/A
Employees
2,351
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$11.50
High Stock Price Forecast
$16.00
Low Stock Price Forecast
$9.00
Forecasted Upside/Downside
+34.3%
Consensus Rating
Reduce
Rating Score (0-4)
1.25
Research Coverage
4 Analysts

Profitability

Net Income
$-39,790,000.00
Pretax Margin
-23.60%

Debt

Sales & Book Value

Annual Sales
$535.21 million
Cash Flow
$0.64 per share
Book Value
$7.69 per share

Miscellaneous

Free Float
12,444,000
Market Cap
$724.60 million
Optionable
Optionable
Beta
0.96

Key Executives

  • Wendy K. Thomas
    President, Chief Executive Officer & Director
  • Paul M. Parrish
    Chief Financial Officer & Senior Vice President
  • Michael Aiello
    Chief Technology Officer
  • Christian M. GrantChristian M. Grant
    Chief Accounting Officer & Vice President
  • Barry R. Hensley
    Chief Threat Intelligence Officer













SCWX Stock - Frequently Asked Questions

Should I buy or sell SecureWorks stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SecureWorks in the last year. There are currently 3 sell ratings and 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "sell" SCWX shares.
View SCWX analyst ratings
or view top-rated stocks.

What is SecureWorks' stock price forecast for 2023?

4 analysts have issued 12-month price targets for SecureWorks' shares. Their SCWX share price forecasts range from $9.00 to $16.00. On average, they expect the company's share price to reach $11.50 in the next year. This suggests a possible upside of 35.1% from the stock's current price.
View analysts price targets for SCWX
or view top-rated stocks among Wall Street analysts.

How have SCWX shares performed in 2023?

SecureWorks' stock was trading at $6.39 at the start of the year. Since then, SCWX shares have increased by 33.2% and is now trading at $8.51.
View the best growth stocks for 2023 here
.

Are investors shorting SecureWorks?

SecureWorks saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 206,100 shares, an increase of 16.6% from the December 31st total of 176,800 shares. Based on an average trading volume of 77,100 shares, the days-to-cover ratio is currently 2.7 days. Approximately 2.2% of the shares of the company are sold short.
View SecureWorks' Short Interest
.

When is SecureWorks' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, March 16th 2023.
View our SCWX earnings forecast
.

How were SecureWorks' earnings last quarter?

SecureWorks Corp. (NASDAQ:SCWX) issued its quarterly earnings results on Thursday, December, 1st. The technology company reported ($0.25) EPS for the quarter, topping the consensus estimate of ($0.34) by $0.09. The technology company had revenue of $110.94 million for the quarter, compared to analysts' expectations of $111.98 million. SecureWorks had a negative trailing twelve-month return on equity of 9.41% and a negative net margin of 17.49%.

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

SecureWorks issued an update on its fourth quarter 2023 earnings guidance on Saturday, December, 31st. The company provided EPS guidance of -$0.28--$0.24 for the period, compared to the consensus earnings per share estimate of -$0.24. The company issued revenue guidance of $108.00 million-$112.00 million, compared to the consensus revenue estimate of $111.77 million.

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

139 employees have rated SecureWorks Chief Executive Officer Mike Cote on Glassdoor.com. Mike Cote has an approval rating of 83% among the company's employees.

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), 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 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 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.

What is SecureWorks' stock symbol?

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

Who are SecureWorks' major shareholders?

SecureWorks' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Horrell Capital Management Inc. (0.43%), Brooktree Capital Management (0.17%), Oppenheimer Asset Management Inc. (0.04%), Gladius Capital Management LP (0.02%), Simplex Trading LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Christian Grant, George B Hanna, Neil Gagnon, Paul Parrish and Wendy Thomas.
View institutional ownership trends
.

How do I buy shares of SecureWorks?

Shares of SCWX stock 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 $8.51.

How much money does SecureWorks make?

SecureWorks (NASDAQ:SCWX) has a market capitalization of $720.37 million and generates $535.21 million in revenue each year. The technology company earns $-39,790,000.00 in net income (profit) each year or ($0.99) on an earnings per share basis.

How many employees does SecureWorks have?

The company employs 2,351 workers across the globe.

How can I contact SecureWorks?

SecureWorks' mailing address is ONE CONCOURSE PARKWAY SUITE 500, ATLANTA GA, 30328. The official website for the company is www.secureworks.com. The technology company can be reached via phone at (404) 327-6339 or via email at rgardy@secureworks.com.

This page (NASDAQ:SCWX) was last updated on 2/7/2023 by MarketBeat.com Staff