Media stories about SecureWorks Corp. (NASDAQ:SCWX) have been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. SecureWorks Corp. earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 45.6112456466296 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Shares of SecureWorks Corp. (SCWX) traded up 0.78% during midday trading on Friday, reaching $10.36. 60,345 shares of the company’s stock traded hands. SecureWorks Corp. has a 52 week low of $8.25 and a 52 week high of $15.80. The company’s market capitalization is $839.92 million. The stock’s 50 day moving average is $10.55 and its 200-day moving average is $10.17.
SecureWorks Corp. (NASDAQ:SCWX) last posted its quarterly earnings data on Tuesday, June 6th. The technology company reported ($0.08) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by $0.02. The company had revenue of $113.70 million for the quarter, compared to analyst estimates of $110.70 million. SecureWorks Corp. had a negative net margin of 9.21% and a negative return on equity of 3.82%. The firm’s revenue was up 13.9% on a year-over-year basis. During the same period in the previous year, the business earned ($0.09) EPS. On average, analysts forecast that SecureWorks Corp. will post ($0.32) earnings per share for the current fiscal year.
Several equities research analysts recently commented on the stock. Zacks Investment Research raised shares of SecureWorks Corp. from a “sell” rating to a “hold” rating in a report on Wednesday, August 9th. Barclays PLC reissued a “hold” rating and issued a $11.00 price target on shares of SecureWorks Corp. in a report on Wednesday, June 7th. Finally, UBS AG reaffirmed a “neutral” rating and set a $11.00 target price (down previously from $12.00) on shares of SecureWorks Corp. in a research note on Friday, June 9th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $13.90.
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About SecureWorks Corp.
Secureworks Corp. is a holding company. The Company provides intelligence-driven information security solutions. The Company is focused on protecting the Company’s clients from cyber-attacks. The Company’s solutions enable companies to fortify their cyber defenses to prevent security breaches, detect malicious activity in real time, prioritize and respond to security incidents, and predict emerging threats.
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