NASDAQ:SCWXSecureworks Stock Price, Forecast & News

Secureworks' stock was trading at $11.08 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SCWX shares have increased by 22.7% and is now trading at $13.59. View which stocks have been most impacted by Coronavirus.

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.

Secureworks is scheduled to release its next quarterly earnings announcement on Thursday, June 4th 2020. View our earnings forecast for Secureworks.

Secureworks Corp (NASDAQ:SCWX) issued its earnings results on Friday, March, 27th. The technology company reported $0.02 EPS for the quarter, beating the Zacks' consensus estimate of ($0.01) by $0.03. The technology company earned $142 million during the quarter, compared to analysts' expectations of $139.02 million. Secureworks had a negative return on equity of 2.27% and a negative net margin of 5.73%. Secureworks's revenue was up 8.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.02 EPS. View Secureworks' earnings history.

6 brokerages have issued twelve-month price targets for Secureworks' shares. Their forecasts range from $10.00 to $14.00. On average, they anticipate Secureworks' stock price to reach $12.00 in the next twelve months. This suggests that the stock has a possible downside of 11.7%. View analysts' price targets for Secureworks.

Media coverage about SCWX stock has been trending very negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Secureworks earned a media sentiment score of -3.1 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutSecureworks.

Some companies that are related to Secureworks include Blackline (BL), Pivotal Software (PVTL), New Relic (NEWR), Momo (MOMO), Descartes Systems Group (DSGX), LogMeIn (LOGM), Q2 (QTWO), Cyberark Software (CYBR), Appian (APPN), Cogent Communications (CCOI), ACI Worldwide (ACIW), Cloudera (CLDR), Tenable (TENB), Blackbaud (BLKB) and BOX (BOX). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Secureworks investors own include Activision Blizzard (ATVI), AT&T (T), Adobe (ADBE), Boeing (BA), Cisco Systems (CSCO), Enterprise Products Partners (EPD), Netflix (NFLX), AbbVie (ABBV), Intel (INTC) and salesforce.com (CRM).

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

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

Secureworks' stock is owned by a variety of retail and institutional investors. Top institutional investors include ETF Managers Group LLC (1.12%), BlackRock Inc. (0.79%), Gagnon Securities LLC (0.60%), Deutsche Bank AG (0.31%), JPMorgan Chase & Co. (0.25%) and State Street Corp (0.20%).

SCWX stock was sold by a variety of institutional investors in the last quarter, including ETF Managers Group LLC, JPMorgan Chase & Co., Invesco Ltd., AQR Capital Management LLC, Wells Fargo & Company MN, Spark Investment Management LLC, Virginia Retirement Systems ET AL, and Two Sigma Advisers LP.

SCWX stock was bought by a variety of institutional investors in the last quarter, including Federated Hermes Inc., Deutsche Bank AG, Nuveen Asset Management LLC, Horrell Capital Management Inc., Connor Clark & Lunn Investment Management Ltd., Dynamic Technology Lab Private Ltd, Bogle Investment Management L P DE, and Trexquant Investment LP.

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.

One share of SCWX stock can currently be purchased for approximately $13.59.

Secureworks has a market capitalization of $1.11 billion 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.

The official website for Secureworks is www.secureworks.com.

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]