Secureworks (NASDAQ:SCWX) Given Media Impact Rating of 0.12

Media stories about Secureworks (NASDAQ:SCWX) have trended somewhat positive recently, Accern Sentiment reports. Accern scores the sentiment of news coverage by analyzing more than 20 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 earned a news impact score of 0.12 on Accern’s scale. Accern also gave headlines about the technology company an impact score of 45.6407606776459 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

Shares of Secureworks (NASDAQ SCWX) opened at $9.10 on Friday. Secureworks has a 12-month low of $8.10 and a 12-month high of $12.99. The firm has a market cap of $736.99 and a PE ratio of -16.25.

Secureworks (NASDAQ:SCWX) last announced its quarterly earnings results on Wednesday, December 6th. The technology company reported ($0.06) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.03. Secureworks had a negative net margin of 9.60% and a negative return on equity of 3.95%. The business had revenue of $117.53 million during the quarter, compared to analysts’ expectations of $115.67 million. During the same period last year, the business earned ($0.02) earnings per share. The business’s revenue for the quarter was up 9.7% on a year-over-year basis. research analysts expect that Secureworks will post -0.43 EPS for the current fiscal year.

Several research firms recently issued reports on SCWX. Royal Bank of Canada restated an “outperform” rating and set a $15.00 price objective (up from $13.00) on shares of Secureworks in a research report on Tuesday, October 3rd. Zacks Investment Research cut shares of Secureworks from a “hold” rating to a “sell” rating in a research report on Thursday, October 5th. KeyCorp restated a “buy” rating and set a $15.00 price objective on shares of Secureworks in a research report on Friday, October 6th. JPMorgan Chase & Co. restated a “buy” rating on shares of Secureworks in a research report on Thursday, October 12th. Finally, Barclays cut shares of Secureworks from an “equal weight” rating to an “underweight” rating and set a $11.00 price objective for the company. in a research report on Friday, October 13th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $12.95.

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About Secureworks

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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