NASDAQ:SCWX - Secureworks Stock Price, Price Target & More

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

Secureworks Corp (NASDAQ:SCWX) released its quarterly earnings results on Wednesday, March, 28th. The technology company reported ($0.12) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.11) by $0.01. The technology company had revenue of $120.65 million for the quarter, compared to analyst estimates of $117.71 million. Secureworks had a negative net margin of 6.00% and a negative return on equity of 5.37%. The firm's quarterly revenue was up 1.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.02) EPS. View Secureworks' Earnings History.

Secureworks is scheduled to release their next quarterly earnings announcement on Wednesday, June, 6th 2018. View Earnings Estimates for Secureworks.

Secureworks issued an update on its FY19 earnings guidance on Wednesday, March, 28th. The company provided earnings per share (EPS) guidance of (0.16-0.20) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.16). The company issued revenue guidance of $512-516 million, compared to the consensus revenue estimate of $504.29 million.Secureworks also updated its Q1 guidance to (0.06-0.07) EPS.

9 brokers have issued 12-month price objectives for Secureworks' shares. Their predictions range from $9.00 to $15.00. On average, they anticipate Secureworks' share price to reach $11.75 in the next twelve months. View Analyst Ratings for Secureworks.

Some companies that are related to Secureworks include CommVault Systems (CVLT), Paylocity (PCTY), Manhattan Associates (MANH), Coupa Software (COUP), Qualys (QLYS), Cornerstone OnDemand (CSOD), ACI Worldwide (ACIW), Q2 (QTWO), Mimecast (MIME), Cloudera (CLDR), Descartes Systems Group (DSGX), Cogent Communications (CCOI), MongoDB (MDB), Altair Engineering (ALTR) and Varonis Systems (VRNS).

(SCWX) raised $148 million in an initial public offering (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.

News coverage about SCWX stock has been trending somewhat positive on Friday, Accern reports. Accern ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Secureworks earned a media sentiment score of 0.15 on Accern's scale. They also gave news articles about the technology company an impact score of 46.47 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Secureworks' stock is owned by a variety of of retail and institutional investors. Top institutional investors include ETF MANAGERS GROUP, LLC (4.19%), ETF Managers Group LLC (0.57%), Gagnon Securities LLC (0.51%), Robeco Institutional Asset Management B.V. (0.23%), Northern Trust Corp (0.12%) and Blair William & Co. IL (0.10%). View Institutional Ownership Trends for Secureworks.

SCWX stock was sold by a variety of institutional investors in the last quarter, including ETF Managers Group LLC, UBS Group AG, King Luther Capital Management Corp, Millennium Management LLC, Blair William & Co. IL and Gagnon Securities LLC. View Insider Buying and Selling for Secureworks.

SCWX stock was acquired by a variety of institutional investors in the last quarter, including Robeco Institutional Asset Management B.V., Spark Investment Management LLC, NJ State Employees Deferred Compensation Plan, Schwab Charles Investment Management Inc. and Northern Trust Corp. View Insider Buying and Selling for 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.

One share of SCWX stock can currently be purchased for approximately $10.50.

Secureworks has a market capitalization of $864.33 million 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.

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]