News headlines about SecureWorks (NASDAQ:SCWX) have trended somewhat negative recently, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. SecureWorks earned a media sentiment score of -0.02 on Accern’s scale. Accern also assigned media headlines about the technology company an impact score of 46.4719428762697 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
These are some of the media headlines that may have effected Accern’s scoring:
A number of research analysts recently commented on the company. BidaskClub upgraded SecureWorks from a “sell” rating to a “hold” rating in a research report on Saturday, February 10th. Zacks Investment Research cut SecureWorks from a “hold” rating to a “sell” rating in a research report on Wednesday. ValuEngine cut SecureWorks from a “hold” rating to a “sell” rating in a research report on Thursday, March 29th. Stifel Nicolaus cut SecureWorks from a “buy” rating to a “hold” rating and decreased their price target for the stock from $14.00 to $9.00 in a research report on Thursday, March 29th. Finally, Needham & Company LLC assumed coverage on SecureWorks in a research report on Tuesday, January 16th. They issued a “hold” rating on the stock. Four investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company’s stock. SecureWorks currently has an average rating of “Hold” and an average price target of $11.44.
Shares of NASDAQ SCWX traded down $0.12 during mid-day trading on Friday, reaching $8.00. The company had a trading volume of 89,584 shares, compared to its average volume of 207,973. SecureWorks has a one year low of $7.83 and a one year high of $12.99. The stock has a market capitalization of $658.34, a P/E ratio of -17.78 and a beta of 1.90.
SecureWorks (NASDAQ:SCWX) last issued its quarterly earnings results on Wednesday, March 28th. The technology company reported ($0.12) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.11) by ($0.01). SecureWorks had a negative return on equity of 5.37% and a negative net margin of 6.00%. The company had revenue of $120.65 million during the quarter, compared to the consensus estimate of $117.71 million. During the same quarter in the previous year, the business posted ($0.02) EPS. The firm’s revenue for the quarter was up 1.4% on a year-over-year basis. research analysts anticipate that SecureWorks will post -0.33 earnings per share for the current year.
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SecureWorks Company Profile
SecureWorks Corp. provides intelligence-driven information security solutions focused on protecting organizations from cyber-attacks. Its solutions enable organizations to fortify their cyber defenses to prevent security breaches, detect malicious activity in real time, prioritize and respond rapidly to security breaches, and predict emerging threats.
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