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NASDAQ:SCWX

Secureworks Stock Forecast, Price & News

$11.54
-0.46 (-3.83 %)
(As of 09/23/2020 12:00 AM ET)
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Today's Range
$11.51
Now: $11.54
$12.25
50-Day Range
$11.74
MA: $12.25
$13.37
52-Week Range
$5.29
Now: $11.54
$18.23
Volume85,039 shs
Average Volume137,745 shs
Market Capitalization$948.46 million
P/E RatioN/A
Dividend YieldN/A
Beta1.09
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. The company serves clients in a range of industries, including the financial services, manufacturing, technology, retail, insurance, utility, and healthcare sectors. As of February 1, 2019, it served approximately 4,700 customers in 52 countries. The company was formerly known as SecureWorks Holding Corporation and changed its name to SecureWorks Corp. in November 2015. The company was founded in 1999 and is headquartered in Atlanta, Georgia. SecureWorks Corp. is a subsidiary of Dell Inc.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.8Community Rank: 2.2Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.81 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$552.77 million
Cash Flow$0.33 per share
Book Value$8.21 per share

Profitability

Net Income$-31,670,000.00

Miscellaneous

Employees2,663
Market Cap$948.46 million
Next Earnings Date12/3/2020 (Estimated)
OptionableOptionable
$11.54
-0.46 (-3.83 %)
(As of 09/23/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Secureworks (NASDAQ:SCWX) Frequently Asked Questions

How has Secureworks' stock been impacted by COVID-19?

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 4.2% and is now trading at $11.54.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Secureworks?

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
.

When is Secureworks' next earnings date?

Secureworks is scheduled to release its next quarterly earnings announcement on Thursday, December 3rd 2020.
View our earnings forecast for Secureworks
.

How were Secureworks' earnings last quarter?

Secureworks Corp (NASDAQ:SCWX) released its quarterly earnings data on Wednesday, September, 9th. The technology company reported $0.10 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.02 by $0.08. The technology company had revenue of $138.50 million for the quarter, compared to analysts' expectations of $136.11 million. Secureworks had a negative return on equity of 0.35% and a negative net margin of 3.89%. The company's revenue for the quarter was up 1.4% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.01) EPS.
View Secureworks' earnings history
.

What price target have analysts set for SCWX?

6 analysts have issued twelve-month target prices for Secureworks' stock. Their forecasts range from $10.00 to $14.00. On average, they expect Secureworks' share price to reach $12.20 in the next twelve months. This suggests a possible upside of 5.7% from the stock's current price.
View analysts' price targets for Secureworks
.

Are investors shorting Secureworks?

Secureworks saw a drop in short interest during the month of August. As of August 31st, there was short interest totaling 827,500 shares, a drop of 17.3% from the August 15th total of 1,000,000 shares. Based on an average daily trading volume, of 123,200 shares, the short-interest ratio is currently 6.7 days. Approximately 10.7% of the shares of the company are sold short.
View Secureworks' Short Interest
.

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 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 Group (MRVL).

Who are Secureworks' key executives?

Secureworks' management team includes the following 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 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 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.

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 number of retail and institutional investors. Top institutional investors include Gagnon Advisors LLC (0.76%), Gagnon Securities LLC (0.58%), Federated Hermes Inc. (0.38%), Horrell Capital Management Inc. (0.27%), AQR Capital Management LLC (0.15%) and Marshall Wace LLP (0.14%).

Which major investors are selling Secureworks stock?

SCWX stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Trexquant Investment LP, US Bancorp DE, Gagnon Securities LLC, Spark Investment Management LLC, PDT Partners LLC, Blair William & Co. IL, and Charles Schwab Investment Management Inc..

Which major investors are buying Secureworks stock?

SCWX stock was acquired by a variety of institutional investors in the last quarter, including Gagnon Advisors LLC, Horrell Capital Management Inc., Federated Hermes Inc., AQR Capital Management LLC, Marshall Wace LLP, Marshall Wace North America L.P., Dupont Capital Management Corp, and Gamco Investors INC. ET AL.

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 $11.54.

How big of a company is Secureworks?

Secureworks has a market capitalization of $948.46 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.

What is Secureworks' official website?

The official website for Secureworks is 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]

This page was last updated on 9/24/2020 by MarketBeat.com Staff

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