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NASDAQ:SCWX

SecureWorks (SCWX) Stock Price, News & Analysis

SecureWorks logo
$8.39 +0.03 (+0.36%)
(As of 11/22/2024 ET)

About SecureWorks Stock (NASDAQ:SCWX)

Key Stats

Today's Range
$8.36
$8.39
50-Day Range
$7.07
$8.85
52-Week Range
$5.61
$9.76
Volume
1.56 million shs
Average Volume
287,423 shs
Market Capitalization
$745.28 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.00
Consensus Rating
Reduce

Company Overview

SecureWorks Corp., through its subsidiaries, provides technology-driven information security solutions for protecting its customers in the United States and internationally. The company's solutions include software-as-a-service solutions; managed security services; and professional services, including incident response and penetration testing services. Its solutions enable organizations to prevent security breaches, detect malicious activity, respond rapidly to security breaches, and identify emerging threats. The company sells its solutions primarily through its referral agents, regional value-added resellers, trade associations, and managed security service providers. It serves customers in a range of industries, including financial services, manufacturing, technology, retail, insurance, utility, and healthcare sectors. The company was formerly known as SecureWorks Holding Corporation and changed its name to SecureWorks Corp. in November 2015. SecureWorks Corp. was founded in 1999 and is headquartered in Atlanta, Georgia. SecureWorks Corp. is a subsidiary of Dell Marketing L.P.

SecureWorks Stock Analysis - MarketRank™

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12th Percentile Overall Score

SCWX MarketRank™: 

SecureWorks scored higher than 12% of companies evaluated by MarketBeat, and ranked 593rd out of 647 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    SecureWorks has received a consensus rating of Reduce. The company's average rating score is 1.50, and is based on no buy ratings, 1 hold rating, and 1 sell rating.

  • Amount of Analyst Coverage

    SecureWorks has only been the subject of 2 research reports in the past 90 days.

  • Read more about SecureWorks' stock forecast and price target.
  • Earnings Growth

    Earnings for SecureWorks are expected to grow in the coming year, from ($0.29) to ($0.21) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of SecureWorks is -9.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of SecureWorks is -9.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    SecureWorks has a P/B Ratio of 1.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about SecureWorks' valuation and earnings.
  • Percentage of Shares Shorted

    0.75% of the float of SecureWorks has been sold short.
  • Short Interest Ratio / Days to Cover

    SecureWorks has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in SecureWorks has recently decreased by 33.39%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    SecureWorks does not currently pay a dividend.

  • Dividend Growth

    SecureWorks does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    0.75% of the float of SecureWorks has been sold short.
  • Short Interest Ratio / Days to Cover

    SecureWorks has a short interest ratio ("days to cover") of 0.5, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in SecureWorks has recently decreased by 33.39%, indicating that investor sentiment is improving significantly.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for SecureWorks this week, compared to 2 articles on an average week.
  • MarketBeat Follows

    Only 2 people have added SecureWorks to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, SecureWorks insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    81.50% of the stock of SecureWorks is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 14.38% of the stock of SecureWorks is held by institutions.

  • Read more about SecureWorks' insider trading history.
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SCWX Stock News Headlines

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SCWX Stock Analysis - Frequently Asked Questions

SecureWorks' stock was trading at $7.38 at the start of the year. Since then, SCWX shares have increased by 13.7% and is now trading at $8.39.
View the best growth stocks for 2024 here
.

SecureWorks Corp. (NASDAQ:SCWX) announced its quarterly earnings results on Thursday, September, 5th. The technology company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.05) by $0.05. The technology company had revenue of $82.18 million for the quarter, compared to the consensus estimate of $80.98 million. SecureWorks had a negative net margin of 21.23% and a negative trailing twelve-month return on equity of 4.94%.

SecureWorks (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 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.

SecureWorks' top institutional shareholders include Royce & Associates LP (1.49%), Scalar Gauge Management LLC (0.41%), Kovack Advisors Inc. (0.37%) and Brooktree Capital Management (0.20%). Insiders that own company stock include Neil Gagnon, George B Hanna, Paul Parrish, Wendy Thomas and Christian Grant.
View institutional ownership trends
.

Shares of SCWX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that SecureWorks investors own include Adobe (ADBE), Intel (INTC), Cisco Systems (CSCO), Salesforce (CRM), Netflix (NFLX), NVIDIA (NVDA) and PayPal (PYPL).

Company Calendar

Last Earnings
9/05/2024
Today
11/22/2024
Next Earnings (Estimated)
12/05/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Current Symbol
NASDAQ:SCWX
Fax
N/A
Employees
1,516
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.00
High Stock Price Target
$7.00
Low Stock Price Target
$7.00
Potential Upside/Downside
-16.6%
Consensus Rating
Reduce
Rating Score (0-4)
1.50
Research Coverage
2 Analysts

Profitability

Net Income
$-86,040,000.00
Pretax Margin
-16.89%

Debt

Sales & Book Value

Annual Sales
$346.35 million
Cash Flow
$0.07 per share
Book Value
$5.80 per share

Miscellaneous

Free Float
16,433,000
Market Cap
$745.27 million
Optionable
Optionable
Beta
1.00

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This page (NASDAQ:SCWX) was last updated on 11/23/2024 by MarketBeat.com Staff
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