|Bid||0.00 x 1200|
|Ask||0.00 x 800|
|Day's Range||11.28 - 12.00|
|52 Week Range||10.37 - 24.91|
|Beta (3Y Monthly)||1.11|
|PE Ratio (TTM)||N/A|
|Earnings Date||Sep 5, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||13.71|
Secureworks today announced that it plans to release its second quarter fiscal 2020 financial results Thursday, September 5, 2019, before the open of regular U.S. stock market trading hours.
Secureworks announced that its SaaS product, Red Cloak™ Threat Detection and Response (TDR), is now available with a 24/7 service option to help organizations rapidly scale their security expertise and defeat cyber adversaries. Secureworks Managed Detection and Response (MDR), powered by Red Cloak is the latest enhancement to the company’s software-enabled security offering using its cloud-based security analytics platform to deliver threat detection and response with unprecedented speed and accuracy. “The actionable insights generated by Red Cloak TDR will now be available to organizations who want software-enabled hunting, detection and response capabilities, but also prefer the turnkey support of an experienced provider,” said Wendy Thomas, chief product officer of Secureworks.
Today we will run through one way of estimating the intrinsic value of SecureWorks Corp. (NASDAQ:SCWX) by projecting...
Investing in small cap stocks has historically been a way to outperform the market, as small cap companies typically grow faster on average than the blue chips. That outperformance comes with a price, however, as there are occasional periods of higher volatility. The last 8 months is one of those periods, as the Russell 2000 […]
Secureworks today announced that it will host a webcast for investors and analysts introducing its Red Cloak™ Threat Detection and Response security analytics application on Monday, June 24, 2019, before the open of regular U.S.
SecureWorks (SCWX) delivered earnings and revenue surprises of 60.00% and 0.57%, respectively, for the quarter ended April 2019. Do the numbers hold clues to what lies ahead for the stock?
SecureWorks (NASDAQ: SCWX ) releases its next round of earnings this Wednesday, June 5. Here's Benzinga's essential guide to SecureWorks' Q1 earnings report. Earnings and Revenue Based on management's ...
SecureWorks (SCWX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Secureworks today announced that it plans to release its first quarter fiscal 2020 financial results Wednesday, June 5, 2019, before the open of regular U.S. stock market trading hours.
Secureworks®, a leading global cybersecurity company, today announced it has been positioned by Gartner, Inc. in the Leaders quadrant of the Gartner Magic Quadrant for Managed Security Services, Worldwide1. Secureworks is placed furthest for completeness of vision and highest for ability to execute out of all 14 vendors in the Gartner assessment. “We believe that our position in the Leaders quadrant reflects our commitment to protect our customers,” says Mike Cote, President and CEO of Secureworks.
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! If you own shares in SecureWorks Corp. (NASDAQ:SCWX) then it's worth thinking about how it contribute...
Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […]
Secureworks® (SCWX), a leading cybersecurity company that keeps organizations safe in the digitally connected world, today announced the launch of a software-as-a-service (SaaS) application that will transform the way companies detect, investigate and respond to cyber threats. Red Cloak™ Threat Detection and Response (TDR) is a security analytics application that continuously applies more than 20 years of threat intelligence and advanced analytics to customer endpoints, network and cloud deployments.
Editor's note: This story was previously published in April 2019. It has since been updated and republished.Cybersecurity stocks have been among the best stocks in the market in recent years. The ETFMG Prime Cyber Security ETF (NYSEARCA:HACK) has gained 69% in the past three years, easily outperforming the broader market.Source: Shutterstock There are plenty of reasons to believe that outperformance will continue. After all, high-profile data breaches continue to occur. This week, for instance, TechCrunch reported that privately held Arizona Beverages was the victim of a crippling ransomware attack. The incident is yet another lesson that companies cannot cut corners when it comes to security protection.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Medical Marijuana Stocks to Cure Your Portfolio To be sure, investors are aware of the trend. Cybersecurity stocks aren't cheap. But for investors willing to pay up, the sector is large enough to offer a variety of options. These five cybersecurity stocks offer different bull cases for different types of investors. Palo Alto Networks (PANW)Palo Alto Networks (NYSE:PANW) might be the simplest, "set it and forget it", play among cybersecurity stocks.Source: Shutterstock Palo Alto has successfully transitioned away from a reliance on hardware and jumpstarted growth in the process. Revenue in the third quarter, for instance, rose over 24% year-over-year, crushing analyst estimates.At the moment, Palo Alto is the largest cybersecurity play … and the most diversified. If the market as a whole continues to grow, Palo Alto Networks should benefit.That said, there are concerns, as I wrote after earnings. PANW stock isn't cheap. And we've seen the cloud story break down elsewhere as spending has slowed. PANW is the biggest stock in the space, and it has the simplest bull case. It's going to rise if its market keeps growing. But at this point, it may be one of the better cybersecurity stocks, but not necessarily one of the best stocks in the space. Symantec (SYMC)As noted earlier, cybersecurity stocks aren't cheap, and value plays are hard to find. Symantec (NASDAQ:SYMC) might be the cheapest stock in the space, but there are reasons.Source: Shutterstock Growth has stalled out. Fiscal 2019 guidance, which disappointed and then was pulled further down, suggests a year-over-year decline in revenue and earnings. An accounting investigation has only added to the pressure on SYMC stock. A continuing reliance on PC-related revenue makes the stock less exposed to growth on the enterprise side of the industry.That said, SYMC has a path to upside. Private equity firm Thoma Bravo has reportedly considered acquiring the company. Symantec itself is making acquisitions to build out its enterprise business, acquiring Israeli cloud security provider Luminate Security in February. * 7 F-Rated Stocks to Sell for Summer And the stock is cheap, at 13x next year's earnings-per-share estimates. If Symantec can continue to build out its enterprise business, that valuation might be far too low. Secureworks (SCWX)Secureworks (NASDAQ:SCWX) is one of the best stocks in the sector for traders. Secureworks focuses on software-driven solutions, predominantly through a SaaS (software-as-a-service) model.Source: Shutterstock And SCWX stock might be in play. Dell Technologies (NASDAQ:DELL) owns 86% of the company and is looking to pay down debt. Reuters reported in February that Dell was considering a sale, which might make some sense. Secureworks isn't as material to the Dell business as VMWare (NYSE:VMW) and it might perform better as an independent company or as part of a larger security provider.Meanwhile, SCWX stock has pulled back of late and it looks cheap enough to garner some interest. Profits are still miniscule, but revenue is growing -- and an acquirer might be willing to pay a premium to the current sub-3x price-to-sales multiple. SCWX's opportunity is solid enough on its own long-term, but there's a decent chance a buyout offer could spike SCWX stock in 2019. ProofPoint (PFPT)For investors who like chasing growth, the cybersecurity sector has some of the best stocks. One of them is Proofpoint (NASDAQ:PFPT).Source: Shutterstock Proofpoint continues to post huge increases in revenue and profits, with sales up 35% in Q4. As a result, PFPT has rallied strongly, gaining 47% already in 2019.At current levels, PFPT is challenging all-time highs. And it's not cheap, at 9x revenue and 55x forward EPS estimates. But there's room for upside from a technical perspective if the stock can bust through resistance. And there's room for upside from a fundamental perspective too … if its current growth continues. * The 7 Top Small-Cap Stocks Of 2019 Carbonite (CARB)For investors who appreciate business transformations, meanwhile, Carbonite (NASDAQ:CARB) might be the play.Source: Shutterstock Carbonite started as a largely consumer-focused company. But it has expanded into small and medium businesses with help from an aggressive M&A strategy.That strategy continued this year, with the recently closed $619 million acquisition of Webroot. Yet even with those deals driving growth, CARB looks reasonably cheap. Pro forma for the Webroot purchase, the stock trades at 11-12x 2019 EBITDA guidance. Looking to 2020, analysts see well over $2 per share in EPS.With a sharp pullback of late, that suggests just an 11x forward EPS multiple. That might be far too cheap -- particularly if the strategy here is on point. While larger rivals chase larger deals, Carbonite might be able to create value by chasing smaller fish.As of this writing, Vince Martin was long shares of Dell Technologies. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Low-Priced Tech Stocks With Great Potential * 9 Stocks That Would Be Hurt By a Mexico/U.S. Border Closure * The Era of Car Ownership Is Over. And These 4 Charts Prove It The post 5 Cybersecurity Stocks to Watch As the Trend Heats Up appeared first on InvestorPlace.
SecureWorks Corp is a provider of intelligence-driven information security solutions exclusively focused on protecting its clients from cyber attacks. Warning! GuruFocus has detected 2 Warning Sign with FIVE. For the last quarter SecureWorks Corp reported a revenue of $133.1 million, compared with the revenue of $117.1 million during the same period a year ago.
SecureWorks Corp (NASDAQ: SCWX ) achieved better-than-anticipated profitability in the fourth quarter, but revenue results reported Wednesday were mixed, and the company announced in-line revenue with ...
SecureWorks Corp said on Wednesday its revenue retention rate has dropped in 2019, raising concerns about customer commitment to the cybersecurity firm's products, sending shares down nearly 10 percent. The Atlanta-based company, which is owned by Dell Technologies Inc, said 2019 revenue retention was at 89 percent compared to 96 percent in 2018. "We have a specific executive focus on retention," said Michael Cote, chief executive officer of the company.
SecureWorks (SCWX) delivered earnings and revenue surprises of 100.00% and -1.52%, respectively, for the quarter ended January 2019. Do the numbers hold clues to what lies ahead for the stock?
ATLANTA (AP) _ SecureWorks Corp. (SCWX) on Wednesday reported a fiscal fourth-quarter loss of $11.8 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Atlanta-based company said it had a loss of 15 cents. The results beat Wall Street expectations.
Cyber security firm SecureWorks Corp posted an 8 percent rise in fourth-quarter revenue on Wednesday, benefiting from corporates raising their budget to prevent attacks on computer networks. The company ...