Media coverage about SecureWorks Corp. (NASDAQ:SCWX) has been trending somewhat positive on Friday, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. SecureWorks Corp. earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave news stories about the technology company an impact score of 45.2127867102534 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.
SecureWorks Corp. (SCWX) opened at 10.53 on Friday. SecureWorks Corp. has a 12-month low of $8.25 and a 12-month high of $15.80. The firm’s market capitalization is $853.70 million. The firm has a 50 day moving average of $10.61 and a 200 day moving average of $10.16.
SecureWorks Corp. (NASDAQ:SCWX) last issued its quarterly earnings results 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 during the quarter, compared to analysts’ expectations of $110.70 million. SecureWorks Corp. had a negative return on equity of 3.82% and a negative net margin of 9.21%. The business’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned ($0.09) EPS. On average, analysts forecast that SecureWorks Corp. will post ($0.32) EPS for the current fiscal year.
SCWX has been the topic of a number of recent analyst reports. Barclays PLC restated a “hold” rating and set a $11.00 target price on shares of SecureWorks Corp. in a report on Wednesday, June 7th. Zacks Investment Research upgraded shares of SecureWorks Corp. from a “sell” rating to a “hold” rating in a report on Wednesday, August 9th. Finally, UBS AG restated a “neutral” rating and set a $11.00 target price (down from $12.00) on shares of SecureWorks Corp. in a report on Friday, June 9th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $13.90.
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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