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SecureWorks Corp (SCWX)
NASDAQ:SCWX
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SCWX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$5.40 - $9.76
Previous Close$8.37
Volume122.05K
Average Volume (3M)135.22K
Market Cap
$744.01M
Enterprise Value$702.21M
Total Cash (Recent Filing)$47.63M
Total Debt (Recent Filing)$5.83M
Price to Earnings (P/E)―
Beta1.49
Next Earnings
Dec 05, 2024EPS Estimate
>-$0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.84
Shares Outstanding88,828,091
10 Day Avg. Volume562,144
30 Day Avg. Volume135,218
Standard Deviation0.13
R-Squared0.16
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)1.62
Price to Sales (P/S)2.15
Price to Cash Flow (P/CF)48.40
P/FCF Ratio104.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.03
Enterprise Value/Gross Profit3.22
Enterprise Value/Ebitda-69.18
Forecast
1Y Price Target
$6.72Price Target Upside-19.71% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering4
SecureWorks News
PremiumCompany Announcements
Sophos Acquires SecureWorks in $859 Million Deal
PremiumPre-Earnings
Is SCWX a Buy, Before Earnings?Bulls Say, Bears Say
Bulls Say
Financial PerformanceGross margin expanded 700bps YoY to 69% supported by a stronger margin profile for the Taegis platform, and cost efficiencies stemming from the company’s recent RIF drove operating margin improvement to 1% versus -12% year prior.
Product Innovation And ExpansionSCWX also launched Taegis IDR (Identity Threat Detection & Response), which should further support new customer growth and upselling.
Strategic AcquisitionSecureWorks announced it had entered a definitive agreement to be acquired by Sophos for $8.50 per share in cash.
Bears Say
Customer RetentionDespite Average Total Contract Value (ATCV) increasing 11% YoY to $150k, churn among the SMB/commercial segment continues to be a headwind to growth.
Financial PerformanceAdjusted EBITDA of $0.9M came in below management's guidance and missed consensus due to one-time costs related to the legacy MSS business.
Revenue GrowthThe timeline to positive revenue growth remains an overhang on the stock.
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Ownership Overview
45.21% Insiders
15.93% Mutual Funds
3.35% Other Institutional Investors
30.13% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
SCWX FAQ
What was SecureWorks Corp’s price range in the past 12 months?
SecureWorks Corp lowest stock price was $5.40 and its highest was $9.76 in the past 12 months.
What is SecureWorks Corp’s market cap?
Currently, no data Available
When is SecureWorks Corp’s upcoming earnings report date?
SecureWorks Corp’s upcoming earnings report date is Dec 05, 2024 which is in 25 days.
How were SecureWorks Corp’s earnings last quarter?
SecureWorks Corp released its earnings results on Sep 05, 2024. The company reported $0 earnings per share for the quarter, missing the consensus estimate of $0.01 by -$0.01.
Is SecureWorks Corp overvalued?
According to Wall Street analysts SecureWorks Corp’s price is currently Overvalued.
Does SecureWorks Corp pay dividends?
SecureWorks Corp does not currently pay dividends.
What is SecureWorks Corp’s EPS estimate?
SecureWorks Corp’s EPS estimate is >-$0.01.
How many shares outstanding does SecureWorks Corp have?
SecureWorks Corp has 18,890,066 shares outstanding.
What happened to SecureWorks Corp’s price movement after its last earnings report?
SecureWorks Corp reported an EPS of $0 in its last earnings report, missing expectations of $0.01. Following the earnings report the stock price went up 5.842%.
Which hedge fund is a major shareholder of SecureWorks Corp?
Among the largest hedge funds holding SecureWorks Corp’s share is Royce & Associates LLC. It holds SecureWorks Corp’s shares valued at 9M.
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SecureWorks Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Sell
Average Price Target:
$6.72 (-19.71% Downside)
$6.72 (-19.71% Downside)
Blogger Sentiment
Bullish
SCWX Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 56.2K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
49.46%
12-Months-Change
Fundamentals
Return on Equity
-15.24%
Trailing 12-Months
Asset Growth
-9.79%
Trailing 12-Months
Company Description
SecureWorks Corp
SecureWorks Corp. is a cyber security company, which delivers information security solutions. The company's SecureWorks Counter Threat Platform is a SaaS-based early-warning system that delivers insights and deploys countermeasures derived from analytics and applied intelligence. It prevents security breaches and detects malicious activity in real time. The company was founded in March 1999 and is headquartered in Atlanta, GA.
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SCWX Company Deck
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SCWX Earnings Call
Q2 2024
0:00 / 0:00
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SCWX Stock 12 Month Forecast
Average Price Target
$6.72
▼(-19.71% Downside)
Technical Analysis
Best Analysts Covering SCWX
1 Year
1 Year Success Rate
11/23 ratings generated profit
1 Year Average Return
-4.23%
reiterated a sell rating 2 months ago
Copying Saket Kalia's trades and holding each position for 1 Year would result in 47.83% of your transactions generating a profit, with an average return of -4.23% per trade.
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