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NASDAQ:SCWX - Secureworks Stock Price, Forecast & News

$14.23
-0.73 (-4.88 %)
(As of 02/25/2020 04:50 AM ET)
Today's Range
$13.84
Now: $14.23
$14.65
50-Day Range
$14.23
MA: $15.89
$17.01
52-Week Range
$10.37
Now: $14.23
$23.00
Volume129,776 shs
Average Volume115,666 shs
Market Capitalization$1.16 billion
P/E RatioN/A
Dividend YieldN/A
Beta1.24
SecureWorks Corp., a cybersecurity company, provides an integrated suite of intelligence-driven information security solutions focused on protecting organizations worldwide. The company's solutions include managed security, threat intelligence, security and risk consulting, and incident response. Its solutions enable organizations to fortify their cyber defenses to prevent security breaches, detect malicious activity, respond to security breaches, and predict emerging threats. Read More…

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:SCWX
CUSIPN/A
Phone404-327-6339

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$518.71 million
Cash Flow$0.33 per share
Book Value$8.55 per share

Profitability

Net Income$-39,100,000.00

Miscellaneous

Employees2,663
Market Cap$1.16 billion
Next Earnings Date3/25/2020 (Estimated)
OptionableOptionable

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Secureworks (NASDAQ:SCWX) Frequently Asked Questions

What is Secureworks' stock symbol?

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

How were Secureworks' earnings last quarter?

Secureworks Corp (NASDAQ:SCWX) posted its quarterly earnings results on Thursday, December, 5th. The technology company reported ($0.05) EPS for the quarter, beating the Zacks' consensus estimate of ($0.08) by $0.03. The technology company had revenue of $141.33 million for the quarter, compared to analysts' expectations of $136.12 million. Secureworks had a negative net margin of 7.06% and a negative return on equity of 2.39%. The business's revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.06 earnings per share. View Secureworks' Earnings History.

When is Secureworks' next earnings date?

Secureworks is scheduled to release their next quarterly earnings announcement on Wednesday, March 25th 2020. View Earnings Estimates for Secureworks.

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

Secureworks issued an update on its fourth quarter earnings guidance on Thursday, December, 5th. The company provided earnings per share (EPS) guidance of ($0.01)-$0.00 for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.03). The company issued revenue guidance of $138-140 million, compared to the consensus revenue estimate of $137.07 million.

What price target have analysts set for SCWX?

4 brokers have issued twelve-month target prices for Secureworks' shares. Their forecasts range from $13.00 to $14.00. On average, they expect Secureworks' share price to reach $13.33 in the next twelve months. This suggests that the stock has a possible downside of 6.3%. View Analyst Price Targets for Secureworks.

What is the consensus analysts' recommendation for Secureworks?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Secureworks in the last year. There are currently 2 sell ratings and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Secureworks.

Has Secureworks been receiving favorable news coverage?

News coverage about SCWX stock has been trending neutral recently, InfoTrie Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources. 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 coverage optimism score of 0.4 on InfoTrie's scale. They also gave media coverage about the technology company a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the immediate future. View News Stories for Secureworks.

Are investors shorting Secureworks?

Secureworks saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 1,340,000 shares, a drop of 11.8% from the January 15th total of 1,520,000 shares. Based on an average trading volume of 181,700 shares, the days-to-cover ratio is currently 7.4 days. Currently, 18.2% of the company's stock are short sold. View Secureworks' Current Options Chain.

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 Intel (INTC), Activision Blizzard (ATVI), Netflix (NFLX), Cisco Systems (CSCO), Cypress Semiconductor (CY), Pure Storage (PSTG), NovaBay Pharmaceuticals (NBY), Adobe (ADBE), Marvell Technology Group (MRVL) and AbbVie (ABBV).

Who are Secureworks' key executives?

Secureworks' management team includes the folowing people:
  • Mr. Michael R. Cote, Pres, CEO & Director (Age 58)
  • Mr. R. Wayne Jackson, Sr. VP & CFO (Age 61)
  • Mr. Kevin Hanes, Chief Operating Officer
  • Ms. Teri L. Miller, VP & Chief Accounting Officer (Age 51)
  • Mr. Jon R. Ramsey, Chief Technology Officer

When did Secureworks IPO?

(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 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.

Who are Secureworks' major shareholders?

Secureworks' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Royce & Associates LP (0.70%), Gagnon Securities LLC (0.60%), Masters Capital Management LLC (0.35%), Marshall Wace LLP (0.20%), State Street Corp (0.19%) and Geode Capital Management LLC (0.18%).

Which institutional investors are selling Secureworks stock?

SCWX stock was sold by a variety of institutional investors in the last quarter, including Masters Capital Management LLC, Spark Investment Management LLC, Royce & Associates LP, Barclays PLC, AQR Capital Management LLC, Massachusetts Financial Services Co. MA, Stone Ridge Asset Management LLC and Bank of America Corp DE.

Which institutional investors are buying Secureworks stock?

SCWX stock was acquired by a variety of institutional investors in the last quarter, including Marshall Wace LLP, Connor Clark & Lunn Investment Management Ltd., Marshall Wace North America L.P., DekaBank Deutsche Girozentrale, Public Sector Pension Investment Board, Alambic Investment Management L.P., Oxford Asset Management LLP and PEAK6 Investments LLC.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Secureworks' stock price today?

One share of SCWX stock can currently be purchased for approximately $14.23.

How big of a company is Secureworks?

Secureworks has a market capitalization of $1.16 billion and generates $518.71 million in revenue each year. The technology company earns $-39,100,000.00 in net income (profit) each year or ($0.16) on an earnings per share basis. Secureworks employs 2,663 workers across the globe.View Additional Information About Secureworks.

What is Secureworks' official website?

The official website for Secureworks is http://www.secureworks.com/.

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]


MarketBeat Community Rating for Secureworks (NASDAQ SCWX)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  272 (Vote Outperform)
Underperform Votes:  325 (Vote Underperform)
Total Votes:  597
MarketBeat's community ratings are surveys of what our community members think about Secureworks and other stocks. Vote "Outperform" if you believe SCWX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SCWX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/25/2020 by MarketBeat.com Staff

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