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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$7.85
Volume13.09K
Average Volume (3M)55.08K
Market Cap
$697.30M
Enterprise Value$655.50M
Total Cash (Recent Filing)$47.63M
Total Debt (Recent Filing)$5.83M
Price to Earnings (P/E)―
Beta1.66
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. Volume43,036
30 Day Avg. Volume55,082
Standard Deviation0.13
R-Squared0.15
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)1.51
Price to Sales (P/S)2.01
Price to Cash Flow (P/CF)45.40
P/FCF Ratio97.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.89
Enterprise Value/Gross Profit3.01
Enterprise Value/Ebitda-64.58
Forecast
1Y Price Target
$6.72Price Target Upside-14.07% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering4
SecureWorks News
Bulls Say, Bears Say
Bulls Say
Customer AcquisitionManagement called out strong new customer acquisition and expansion, which drove ARR growth of 5% YoY to $290M and Taegis ARPC to reach $150K.
Product LaunchSCWX also launched Taegis IDR (Identity Threat Detection & Response), which should further support new customer growth and upselling.
ProfitabilityGross margins of 70%, up 1,000bps YoY, marked a record high for SecureWorks, supported mostly by the transition to the Taegis SaaS platform.
Bears Say
Competitive PositionSecureWorks is growing substantially slower than both the market and peers like CrowdStrike and SentinelOne.
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.
Growth ChallengesSecureWorks faced a second challenging quarter trying to sustain healthy growth rates for its modern Taegis platform.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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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 75 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 18,828,090 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 (-14.07% Downside)
$6.72 (-14.07% Downside)
Blogger Sentiment
Bullish
SCWX Sentiment 66%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 56.2K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Positive
20 days / 200 days
Momentum
29.75%
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
▼(-14.07% Downside)
Technical Analysis
Best Analysts Covering SCWX
1 Year
1 Year Success Rate
12/23 ratings generated profit
1 Year Average Return
-2.43%
reiterated a sell rating 15 days ago
Copying Saket Kalia's trades and holding each position for 1 Year would result in 52.17% of your transactions generating a profit, with an average return of -2.43% per trade.
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