SecureWorks Corp. Company Profile (NASDAQ:SCWX)

About SecureWorks Corp. (NASDAQ:SCWX)

SecureWorks Corp. logoSecureworks Corp. is a holding company. The Company provides intelligence-driven information security solutions. The Company is focused on protecting the Company's clients from cyber-attacks. The Company's solutions enable companies to fortify their cyber defenses to prevent security breaches, detect malicious activity in real time, prioritize and respond to security incidents, and predict emerging threats. The Company offered managed security and threat intelligence on a subscription basis under contracts with initial terms that typically range from one to three years and, as of February 3, 2017. The Company's integrated suite of solutions includes Managed security, Threat intelligence, Security and risk consulting and Incident response.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: IT Services & Consulting
  • Sub-Industry: N/A
  • Symbol: NASDAQ:SCWX
  • CUSIP: N/A
  • Web: www.secureworks.com
Capitalization:
  • Market Cap: $901.54 million
  • Outstanding Shares: 81,074,000
Average Prices:
  • 50 Day Moving Avg: $12.06
  • 200 Day Moving Avg: $12.06
  • 52 Week Range: $8.25 - $12.99
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -74.13
  • P/E Growth: -2.94
Sales & Book Value:
  • Annual Revenue: $455.77 million
  • Price / Sales: 1.98
  • Book Value: $8.29 per share
  • Price / Book: 1.34
Profitability:
  • EBITDA: ($25,290,000.00)
  • Net Margins: -8.97%
  • Return on Equity: -3.32%
  • Return on Assets: -2.31%
Debt:
  • Current Ratio: 1.27%
  • Quick Ratio: 1.27%
Misc:
  • Average Volume: 131,782 shs.
  • Beta: 3.04
  • Short Ratio: 7.15
 

Frequently Asked Questions for SecureWorks Corp. (NASDAQ:SCWX)

What is SecureWorks Corp.'s stock symbol?

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

How were SecureWorks Corp.'s earnings last quarter?

SecureWorks Corp. (NASDAQ:SCWX) released its quarterly earnings results on Wednesday, September, 6th. The company reported ($0.07) EPS for the quarter, beating the Zacks' consensus estimate of ($0.08) by $0.01. The firm had revenue of $116.27 million for the quarter, compared to analyst estimates of $113.75 million. SecureWorks Corp. had a negative net margin of 8.97% and a negative return on equity of 3.32%. The company's revenue for the quarter was up 11.9% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.07) earnings per share. View SecureWorks Corp.'s Earnings History.

When will SecureWorks Corp. make its next earnings announcement?

SecureWorks Corp. is scheduled to release their next quarterly earnings announcement on Wednesday, December, 6th 2017. View Earnings Estimates for SecureWorks Corp..

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

SecureWorks Corp. updated its FY18 earnings guidance on Wednesday, September, 6th. The company provided earnings per share (EPS) guidance of ($0.32-0.29) for the period, compared to the Thomson Reuters consensus estimate of ($0.32). The company issued revenue guidance of $463-466 million, compared to the consensus revenue estimate of $463.26 million.SecureWorks Corp. also updated its Q3 guidance to ($0.10-0.09) EPS.

Where is SecureWorks Corp.'s stock going? Where will SecureWorks Corp.'s stock price be in 2017?

10 analysts have issued twelve-month target prices for SecureWorks Corp.'s shares. Their forecasts range from $11.00 to $17.00. On average, they anticipate SecureWorks Corp.'s stock price to reach $14.00 in the next year. View Analyst Ratings for SecureWorks Corp..

Are investors shorting SecureWorks Corp.?

SecureWorks Corp. saw a increase in short interest in September. As of September 29th, there was short interest totalling 755,932 shares, an increase of 44.3% from the September 15th total of 523,744 shares. Based on an average trading volume of 112,427 shares, the short-interest ratio is presently 6.7 days. Approximately 9.3% of the shares of the company are short sold.

Who are some of SecureWorks Corp.'s key competitors?

Who are SecureWorks Corp.'s key executives?

SecureWorks Corp.'s management team includes the folowing people:

  • Michael R. Cote, President, Chief Executive Officer, Director
  • R. Wayne Jackson, Chief Financial Officer
  • Michael S. Dell, Director
  • Egon P. Durban, Director
  • Pamela Daley, Independent Director
  • Mark J. Hawkins, Independent Director
  • William R. McDermott, Independent Director

When did SecureWorks Corp. IPO?

(SCWX) raised $148 million in an 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.

Who owns SecureWorks Corp. stock?

SecureWorks Corp.'s stock is owned by a number of of institutional and retail investors. Top institutional investors include ETF MANAGERS GROUP, LLC (7.02%). View Institutional Ownership Trends for SecureWorks Corp..

How do I buy SecureWorks Corp. stock?

Shares of SecureWorks Corp. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is SecureWorks Corp.'s stock price today?

One share of SecureWorks Corp. stock can currently be purchased for approximately $11.12.


MarketBeat Community Rating for SecureWorks Corp. (NASDAQ SCWX)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  91 (Vote Outperform)
Underperform Votes:  85 (Vote Underperform)
Total Votes:  176
MarketBeat's community ratings are surveys of what our community members think about SecureWorks Corp. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for SecureWorks Corp. (NASDAQ:SCWX) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Sell Ratings, 3 Hold Ratings, 5 Buy Ratings
Consensus Rating:Hold (Score: 2.30)
Consensus Price Target: $14.00 (25.90% upside)
Consensus Price Target History for SecureWorks Corp. (NASDAQ:SCWX)
Price Target History for SecureWorks Corp. (NASDAQ:SCWX)
Analysts' Ratings History for SecureWorks Corp. (NASDAQ:SCWX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/13/2017Barclays PLCDowngradeEqual Weight -> Underweight$11.00N/AView Rating Details
10/12/2017J P Morgan Chase & CoReiterated RatingBuyN/AView Rating Details
10/6/2017KeyCorpReiterated RatingBuy$15.00N/AView Rating Details
10/3/2017Royal Bank Of CanadaReiterated RatingOutperform -> Outperform$13.00 -> $15.00LowView Rating Details
9/7/2017Citigroup Inc.Reiterated RatingNeutral$10.00 -> $11.00LowView Rating Details
3/30/2017Stifel NicolausLower Price TargetBuy$18.00 -> $16.00MediumView Rating Details
3/30/2017Pacific CrestLower Price TargetOverweight$17.00 -> $15.00MediumView Rating Details
3/30/2017Bank of America CorporationDowngradeBuy -> Underperform$17.00HighView Rating Details
3/30/2017Goldman Sachs Group, Inc. (The)DowngradeBuy -> Neutral$15.00 -> $12.00HighView Rating Details
10/21/2016First AnalysisInitiated CoverageEqual -> Equal Weight$14.00N/AView Rating Details
5/17/2016William BlairInitiated CoverageOutperformN/AView Rating Details
5/17/2016SunTrust Banks, Inc.Initiated CoverageBuy$17.00N/AView Rating Details
5/17/2016Morgan StanleyInitiated CoverageOverweight$18.00N/AView Rating Details
5/17/2016Credit Suisse GroupInitiated CoverageNeutral$14.50N/AView Rating Details
(Data available from 10/20/2015 forward)

Earnings

Earnings History for SecureWorks Corp. (NASDAQ:SCWX)
Earnings by Quarter for SecureWorks Corp. (NASDAQ:SCWX)
Earnings History by Quarter for SecureWorks Corp. (NASDAQ SCWX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/6/2017        
9/6/2017Q2 2018($0.08)($0.07)$113.75 million$116.27 millionViewListenView Earnings Details
6/6/2017Q1 2018($0.06)($0.08)$110.70 million$113.70 millionViewListenView Earnings Details
3/29/2017Q4 2017($0.06)($0.02)$116.63 million$119.20 millionViewListenView Earnings Details
12/7/2016Q317($0.08)($0.02)$104.73 million$107.10 millionViewListenView Earnings Details
9/6/2016Q217($0.08)($0.07)$101.27 million$103.65 millionViewN/AView Earnings Details
6/1/2016Q117($0.15)($0.09)$94.81 million$99.79 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for SecureWorks Corp. (NASDAQ:SCWX)
2017 EPS Consensus Estimate: ($0.50)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.17)($0.17)($0.17)
Q2 20171($0.12)($0.12)($0.12)
Q3 20171($0.11)($0.11)($0.11)
Q4 20171($0.10)($0.10)($0.10)
Q2 20181($0.05)($0.05)($0.05)
(Data provided by Zacks Investment Research)

Dividends

Dividend History for SecureWorks Corp. (NASDAQ:SCWX)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for SecureWorks Corp. (NASDAQ:SCWX)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for SecureWorks Corp. (NASDAQ:SCWX)
Latest Headlines for SecureWorks Corp. (NASDAQ:SCWX)
Source:
DateHeadline
americanbankingnews.com logoSecureWorks Corp. (SCWX) Downgraded by Barclays PLC
www.americanbankingnews.com - October 14 at 10:20 AM
americanbankingnews.com logoSecureWorks Corp. (SCWX) Short Interest Update
www.americanbankingnews.com - October 14 at 1:40 AM
americanbankingnews.com logo$115.57 Million in Sales Expected for SecureWorks Corp. (SCWX) This Quarter
www.americanbankingnews.com - October 13 at 6:46 AM
streetinsider.com logoSecureWorks Corp. (SCWX) Reports Departure of Chief Revenue Officer Jason Capitel
www.streetinsider.com - October 12 at 3:56 PM
americanbankingnews.com logoSecureWorks Corp. (SCWX) Earns "Buy" Rating from J P Morgan Chase & Co
www.americanbankingnews.com - October 12 at 2:34 PM
finance.yahoo.com logoSecureworks Announces Departure of Its Chief Revenue Officer
finance.yahoo.com - October 12 at 9:19 AM
americanbankingnews.com logoSecureWorks Corp. (SCWX) Expected to Post Earnings of -$0.09 Per Share
www.americanbankingnews.com - October 11 at 12:24 PM
americanbankingnews.com logoSecureWorks Corp. (SCWX) Cut to "Sell" at Zacks Investment Research
www.americanbankingnews.com - October 8 at 9:24 AM
americanbankingnews.com logoSecureWorks Corp.'s (SCWX) "Buy" Rating Reaffirmed at KeyCorp
www.americanbankingnews.com - October 7 at 10:45 AM
finance.yahoo.com logoSecureworks Security Researchers Discuss Top Cyber Threats at Annual North American Threat Intelligence Summit
finance.yahoo.com - October 6 at 9:03 AM
finance.yahoo.com logoEarnings Review and Free Research Report: SecureWorks’s Q2 Top-line Grew 11.9% to Outshine Forecast
finance.yahoo.com - October 3 at 12:09 PM
americanbankingnews.com logoSecureWorks Corp. (SCWX) Price Target Increased to $15.00 by Analysts at Royal Bank Of Canada
www.americanbankingnews.com - October 3 at 8:41 AM
americanbankingnews.com logoSecureWorks Corp. (SCWX) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - September 30 at 5:12 AM
finance.yahoo.com logoETFs with exposure to SecureWorks Corp. : September 14, 2017
finance.yahoo.com - September 14 at 9:51 AM
finance.yahoo.com logoEarnings Review and Free Research Report: Splunk’s Revenue Surged 32%; Adjusted EPS Soared 60%
finance.yahoo.com - September 14 at 9:51 AM
finance.yahoo.com logoSecureWorks Corp. :SCWX-US: Earnings Analysis: Q2, 2018 By the Numbers : September 11, 2017
finance.yahoo.com - September 12 at 9:35 AM
americanbankingnews.com logoSecureWorks Corp. (SCWX) Stock Rating Reaffirmed by Citigroup Inc.
www.americanbankingnews.com - September 7 at 10:08 PM
streetinsider.com logoSecureWorks Corp. (SCWX) Tops Q2 EPS by 1c, Beats on Revenues; Boosts FY18 Revenue Outlook, FY18 EPS/Revenue Mid-Point Outlook Below Consensus
www.streetinsider.com - September 7 at 8:47 AM
finance.yahoo.com logoEdited Transcript of SCWX earnings conference call or presentation 6-Sep-17 12:00pm GMT
finance.yahoo.com - September 7 at 8:47 AM
americanbankingnews.com logoSecureWorks Corp. (SCWX) Issues Q3 Earnings Guidance
www.americanbankingnews.com - September 6 at 8:50 AM
americanbankingnews.com logoSecureWorks Corp. (SCWX) Releases FY18 Earnings Guidance
www.americanbankingnews.com - September 6 at 8:50 AM
americanbankingnews.com logoSecureWorks Corp. (SCWX) Announces Quarterly Earnings Results, Beats Expectations By $0.01 EPS
www.americanbankingnews.com - September 6 at 8:50 AM
finance.yahoo.com logoSecureWorks Reports Second Quarter Fiscal 2018 Results
finance.yahoo.com - September 6 at 8:01 AM
finance.yahoo.com logoSecureWorks reports 2Q loss
finance.yahoo.com - September 6 at 8:01 AM
americanbankingnews.com logoSecureWorks Corp. (SCWX) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - September 5 at 2:40 AM
americanbankingnews.com logoSecureWorks Corp. (SCWX) to Release Earnings on Wednesday
www.americanbankingnews.com - August 30 at 1:38 AM
finance.yahoo.com logoSecureWorks Amplifies Application Security with New VMware AppDefense Technology to Protect Cloud and Virtualized Environments
finance.yahoo.com - August 29 at 7:39 AM
finance.yahoo.com logoSecureWorks to Report Second Quarter 2018 Financial Results on September 6, 2017
finance.yahoo.com - August 23 at 8:33 PM
americanbankingnews.com logoSecureWorks Corp. (SCWX) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - August 11 at 11:22 AM
americanbankingnews.com logoContrasting Web.com Group (WEB) and SecureWorks Corp. (SCWX)
www.americanbankingnews.com - July 24 at 6:06 PM
americanbankingnews.com logoSecureWorks Corp. (NASDAQ:SCWX) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - July 17 at 11:28 AM
americanbankingnews.com logo Analysts Expect SecureWorks Corp. (SCWX) Will Post Quarterly Sales of $113.72 Million
www.americanbankingnews.com - July 7 at 2:42 PM
americanbankingnews.com logo-$0.11 EPS Expected for SecureWorks Corp. (SCWX) This Quarter
www.americanbankingnews.com - July 5 at 7:44 AM
bloomberg.com logoBloomberg Markets: Dave Wilson’s Stock of the Day for June 6
www.bloomberg.com - June 8 at 9:54 PM
streetinsider.com logoSecureWorks Corp. (SCWX) Misses Q1 EPS by 2c, Beats on Revenues; Offers Positive FY18 EPS Guidance
www.streetinsider.com - June 8 at 9:54 PM
seekingalpha.com logoCyber-Security Revival, Buy SecureWorks Corp.
seekingalpha.com - May 16 at 7:39 PM
bloomberg.com logoBloomberg Markets: Dave Wilson’s Stock of the Day for March 30
www.bloomberg.com - March 30 at 7:59 PM
streetinsider.com logoSecureWorks Corp. (SCWX) Tops Q4 EPS by 4c
www.streetinsider.com - March 29 at 8:29 AM
us.rd.yahoo.com logoSecureWorks Reports Fiscal 2017 Fourth Quarter and Full Year Results
us.rd.yahoo.com - March 29 at 8:29 AM
biz.yahoo.com logoQ4 2017 SecureWorks Corp Earnings Release - Before Market Open
us.rd.yahoo.com - March 29 at 8:29 AM
sg.finance.yahoo.com logoSecureWorks reports 4Q loss
us.rd.yahoo.com - March 29 at 8:29 AM
uk.finance.yahoo.com logoSecureWorks Cloud Guardian Solutions Simplify and Automate Cloud Security
uk.finance.yahoo.com - March 15 at 8:46 AM
biz.yahoo.com logoSECUREWORKS CORP Files SEC form 8-K, Other Events, Financial Statements and Exhibits
biz.yahoo.com - March 10 at 11:09 PM
seekingalpha.com logo2017 IPO Prospects: ForeScout Files 'Confidentially'
seekingalpha.com - March 6 at 7:01 PM
us.rd.yahoo.com logoInside OilRig -- Tracking Iran's Busiest Hacker Crew On Its Global Rampage
us.rd.yahoo.com - February 16 at 7:24 PM
biz.yahoo.com logoSECUREWORKS CORP Files SEC form 8-K, Other Events
biz.yahoo.com - January 17 at 8:07 PM
publicnow.com logoLog Disabling and Web Shell Redirection
us.rd.yahoo.com - December 20 at 2:33 PM
us.rd.yahoo.com logoEdited Transcript of SCWX earnings conference call or presentation 7-Dec-16 1:00pm GMT
us.rd.yahoo.com - December 9 at 1:11 AM
streetinsider.com logoUBS Cuts Price Target on SecureWorks Corp. (SCWX) to $13 - StreetInsider.com
www.streetinsider.com - December 8 at 8:10 PM
streetinsider.com logoSecureWorks Corp. (SCWX) Tops Q3 EPS by 6c; Guides Q4, FY17 - StreetInsider.com
www.streetinsider.com - December 8 at 12:35 AM

Social

Chart

SecureWorks Corp. (SCWX) Chart for Friday, October, 20, 2017

This page was last updated on 10/20/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.