S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
Low VIX? 3 High Beta Stocks To Boost Your Returns
Best Bear Market Funds: Top 3 Investment Options to Consider
How and When to Roll Your Options Positions?
NASDAQ:SCWX

SecureWorks (SCWX) Stock Price, News & Analysis

$5.95
+0.12 (+2.06%)
(As of 03/27/2024 ET)
Today's Range
$5.65
$5.95
50-Day Range
$5.83
$8.08
52-Week Range
$5.40
$10.06
Volume
52,534 shs
Average Volume
41,006 shs
Market Capitalization
$513.66 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.08

SecureWorks MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.50 Rating Score
Upside/​Downside
19.0% Upside
$7.08 Price Target
Short Interest
Healthy
0.73% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.78mentions of SecureWorks in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
$127,771 Bought Last Quarter
Proj. Earnings Growth
Growing
From ($0.36) to ($0.30) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.84 out of 5 stars

Computer And Technology Sector

432nd out of 588 stocks

Prepackaged Software Industry

148th out of 192 stocks

SCWX stock logo

About SecureWorks Stock (NASDAQ:SCWX)

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 adversarial 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.

SCWX Stock Price History

SCWX Stock News Headlines

Warning: this could blow your mind
Buckle up… ‘Cause this might shatter everything you’ve heard about “income trading”. In fact, it’s such an extreme diversion from what most people think of typical income trades that I call it: The Perfect Income Trade You see, most of the income techniques out there target a couple of percent. Maybe 5 - 10 percent if you’re lucky. But this new way of trading income on the world’s top stocks goes after more than 10x that kind of return. And here’s the best news of all: This trade can target an opportunity like that every week. Every single week. Meaning an investor has the chance to “stack up” these more aggressive income trades over and over. If that sounds interesting…
Secureworks Reports Adj. Profit In Q4
Warning: this could blow your mind
Buckle up… ‘Cause this might shatter everything you’ve heard about “income trading”. In fact, it’s such an extreme diversion from what most people think of typical income trades that I call it: The Perfect Income Trade You see, most of the income techniques out there target a couple of percent. Maybe 5 - 10 percent if you’re lucky. But this new way of trading income on the world’s top stocks goes after more than 10x that kind of return. And here’s the best news of all: This trade can target an opportunity like that every week. Every single week. Meaning an investor has the chance to “stack up” these more aggressive income trades over and over. If that sounds interesting…
Earnings Preview For SecureWorks
SecureWorks Insider Ups Holding During Year
SecureWorks Inc. Cl A
Chuck Royce Increases Stake in SecureWorks Corp
Needham Reaffirms Their Hold Rating on SecureWorks (SCWX)
See More Headlines
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Company Calendar

Last Earnings
12/01/2021
Today
3/27/2024
Next Earnings (Estimated)
6/13/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:SCWX
Fax
N/A
Employees
2,149
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.08
High Stock Price Target
$8.25
Low Stock Price Target
$6.00
Potential Upside/Downside
+19.0%
Consensus Rating
Reduce
Rating Score (0-4)
1.50
Research Coverage
2 Analysts

Profitability

Net Income
$-86,040,000.00
Pretax Margin
-31.30%

Debt

Sales & Book Value

Annual Sales
$365.88 million
Cash Flow
$0.07 per share
Book Value
$5.81 per share

Miscellaneous

Free Float
14,590,000
Market Cap
$513.66 million
Optionable
Optionable
Beta
0.98
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Key Executives

  • Ms. Wendy K. Thomas (Age 52)
    CEO & Director
    Comp: $1.08M
  • Mr. George Barry Hanna (Age 57)
    Senior VP, Chief Legal & Administrative Officer and Corporate Secretary
    Comp: $722.47k
  • Ms. Alpana Wegner (Age 51)
    Chief Financial Officer
  • Mr. Joe Strathmann
    Vice President Global Operations
  • Mr. Christian M. GrantMr. Christian M. Grant (Age 48)
    VP & Chief Accounting Officer
  • Mr. Michael Aiello
    Chief Technology Officer
  • Mr. Kevin J. Toomey Jr.
    Vice President of Investor Relations
  • Mr. Steve Fulton (Age 50)
    President of Customer Success
  • Mr. Allan R. Peters (Age 60)
    Chief Revenue Officer

SCWX Stock Analysis - Frequently Asked Questions

Should I buy or sell SecureWorks stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SecureWorks in the last year. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" SCWX shares.
View SCWX analyst ratings
or view top-rated stocks.

What is SecureWorks' stock price target for 2024?

2 brokers have issued 12 month target prices for SecureWorks' stock. Their SCWX share price targets range from $6.00 to $8.25. On average, they predict the company's stock price to reach $7.08 in the next year. This suggests a possible upside of 19.0% from the stock's current price.
View analysts price targets for SCWX
or view top-rated stocks among Wall Street analysts.

How have SCWX shares performed in 2024?

SecureWorks' stock was trading at $7.38 at the beginning of the year. Since then, SCWX stock has decreased by 19.4% and is now trading at $5.95.
View the best growth stocks for 2024 here
.

Are investors shorting SecureWorks?

SecureWorks saw a decrease in short interest in the month of March. As of March 15th, there was short interest totaling 57,900 shares, a decrease of 16.1% from the February 29th total of 69,000 shares. Based on an average daily volume of 34,500 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.7% of the shares of the stock are short sold.
View SecureWorks' Short Interest
.

When is SecureWorks' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, June 13th 2024.
View our SCWX earnings forecast
.

How were SecureWorks' earnings last quarter?

SecureWorks Corp. (NASDAQ:SCWX) issued its earnings results on Wednesday, December, 1st. The technology company reported $0.01 EPS for the quarter, topping the consensus estimate of ($0.06) by $0.07. The technology company earned $133.70 million during the quarter, compared to analyst estimates of $132.88 million. SecureWorks had a negative trailing twelve-month return on equity of 9.56% and a negative net margin of 23.52%. SecureWorks's revenue for the quarter was down 5.6% compared to the same quarter last year. During the same period last year, the business posted $0.02 earnings per share.

What ETF holds SecureWorks' stock?

Hypatia Women CEO ETF holds 5,202 shares of SCWX stock, representing 1.46% of its portfolio.

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

SecureWorks issued an update on its FY 2025 earnings guidance on Thursday, March, 14th. The company provided EPS guidance of 0.000-0.080 for the period, compared to the consensus EPS estimate of 0.020. The company issued revenue guidance of $325.0 million-$335.0 million, compared to the consensus revenue estimate of $357.3 million.

What is Mike Cote's approval rating as SecureWorks' CEO?

139 employees have rated SecureWorks Chief Executive Officer Mike Cote on Glassdoor.com. Mike Cote has an approval rating of 83% among the company's employees.

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 (MRVL).

When did SecureWorks IPO?

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.

Who are SecureWorks' major shareholders?

SecureWorks' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (1.22%), Vanguard Group Inc. (1.22%), First Eagle Investment Management LLC (1.02%), Cove Street Capital LLC (0.75%), Horrell Capital Management Inc. (0.67%) and Dimensional Fund Advisors LP (0.37%). Insiders that own company stock include Christian Grant, George B Hanna, Neil Gagnon, Paul Parrish and Wendy Thomas.
View institutional ownership trends
.

How do I buy shares of SecureWorks?

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.

This page (NASDAQ:SCWX) was last updated on 3/28/2024 by MarketBeat.com Staff

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