NASDAQ:SCWX - Secureworks Stock Price, News, & Analysis

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$16.51 +0.42 (+2.61 %)
(As of 01/21/2019 02:29 PM ET)
Previous Close$16.09
Today's Range$15.90 - $17.12
52-Week Range$7.83 - $18.97
Volume524,104 shs
Average Volume235,970 shs
Market Capitalization$1.35 billion
P/E Ratio-36.69
Dividend YieldN/A
Beta0.5
SecureWorks Corp., through its subsidiaries, provides intelligence-driven information security solutions focused on protecting organizations from cyber-attacks. 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 in real time, prioritize and respond to security incidents, and predict emerging threats. The company serves clients in a range of industries, including the financial, manufacturing, technology, retail, insurance, utility, and healthcare sectors. As of February 2, 2018, it served approximately 4,400 clients across 59 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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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$467.90 million
Cash Flow$0.0762 per share
Book Value$8.38 per share

Profitability

Net Income$-28,070,000.00

Miscellaneous

Employees2,555
Market Cap$1.35 billion
OptionableOptionable

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 data on Thursday, December, 6th. The technology company reported $0.06 earnings per share for the quarter, beating analysts' consensus estimates of ($0.05) by $0.11. The technology company earned $133.06 million during the quarter, compared to analyst estimates of $130.52 million. Secureworks had a negative net margin of 3.43% and a negative return on equity of 3.30%. The company's revenue was up 13.6% on a year-over-year basis. During the same quarter in the previous year, the business 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 27th 2019. View Earnings Estimates for Secureworks.

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

Secureworks updated its fourth quarter earnings guidance on Thursday, December, 6th. The company provided earnings per share guidance of $0.00-0.01 for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.04). The company issued revenue guidance of $132-133 million, compared to the consensus revenue estimate of $133.78 million.Secureworks also updated its FY 2019 guidance to $-0.01-0.00 EPS.

What price target have analysts set for SCWX?

8 Wall Street analysts have issued 12-month price targets for Secureworks' shares. Their forecasts range from $11.00 to $18.00. On average, they anticipate Secureworks' stock price to reach $14.0625 in the next year. This suggests that the stock has a possible downside of 14.8%. View Analyst Price Targets for Secureworks.

What is the consensus analysts' recommendation for Secureworks?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Secureworks in the last year. There are currently 3 sell ratings and 5 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 trended positive on Monday, InfoTrie reports. InfoTrie rates the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Secureworks earned a news impact score of 2.7 on InfoTrie's scale. They also gave news stories about the technology company a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future.

Are investors shorting Secureworks?

Secureworks saw a increase in short interest in the month of December. As of December 14th, there was short interest totalling 1,828,166 shares, an increase of 37.0% from the November 30th total of 1,334,336 shares. Based on an average daily trading volume, of 404,695 shares, the days-to-cover ratio is presently 4.5 days. Currently, 22.1% of the shares of the company are short sold. View Secureworks' Current Options Chain.

Who are some of Secureworks' key competitors?

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, Chief Financial Officer (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 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 are Secureworks' major shareholders?

Secureworks' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Gagnon Securities LLC (0.63%).

Which institutional investors are selling Secureworks stock?

SCWX stock was sold by a variety of institutional investors in the last quarter, including Gagnon Securities 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, Scottrade, Fidelity and Charles Schwab.

What is Secureworks' stock price today?

One share of SCWX stock can currently be purchased for approximately $16.51.

How big of a company is Secureworks?

Secureworks has a market capitalization of $1.35 billion and generates $467.90 million in revenue each year. The technology company earns $-28,070,000.00 in net income (profit) each year or ($0.45) on an earnings per share basis. Secureworks employs 2,555 workers across the globe.

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:  193 (Vote Outperform)
Underperform Votes:  225 (Vote Underperform)
Total Votes:  418
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 1/21/2019 by MarketBeat.com Staff

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