NASDAQ:SCWXSecureworks Stock Price, Forecast & News

Secureworks' stock was trading at $11.08 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SCWX shares have increased by 4.5% and is now trading at $11.58. 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) announced its earnings results on Thursday, June, 4th. The technology company reported $0.03 earnings per share for the quarter, beating the Thomson Reuters' 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 return on equity of 1.73% and a negative net margin of 5.51%. Secureworks's quarterly revenue was up 6.3% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.02) earnings per share. View Secureworks' earnings history.

6 analysts have issued 1 year price objectives for Secureworks' shares. Their forecasts range from $10.00 to $14.00. On average, they anticipate Secureworks' stock price to reach $12.20 in the next year. This suggests a possible upside of 5.4% from the stock's current price. View analysts' price targets for Secureworks.

Media coverage about SCWX stock has been trending negative recently, InfoTrie Sentiment reports. The research firm identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Secureworks earned a daily sentiment score of -2.2 on InfoTrie's scale. They also assigned news articles about the technology company a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the immediate future. View the latest news about Secureworks.

Some companies that are related to Secureworks include Momo (MOMO), Appian (APPN), Cloudera (CLDR), AlarmCom (ALRM), Bandwidth (BAND), BOX (BOX), ACI Worldwide (ACIW), Varonis Systems (VRNS), Tenable (TENB), Blackbaud (BLKB), LivePerson (LPSN), Altair Engineering (ALTR), Mimecast (MIME), Rapid7 (RPD) and BlackBerry (BB). 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 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."

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 $11.58.

Secureworks has a market capitalization of $951.18 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]