SCWX - SecureWorks Corp Stock Price, Fair Value and News

6.27USD-0.05 (-0.79%)Market Closed

Market Summary

USD6.27-0.05

Market Closed

-0.79%

SCWX Alerts

1 major insider buys recently.

SCWX Stock Price

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SCWX RSI Chart

SCWX Valuation

Market Cap

539.5M

Price/Earnings (Trailing)

-6.27

Price/Sales (Trailing)

1.47

EV/EBITDA

-5.7

Price/Free Cashflow

-8.94

SCWX Price/Sales (Trailing)

SCWX Profitability

Operating Margin

36.19%

EBT Margin

-31.30%

Return on Equity

-17.16%

Return on Assets

-11.87%

Free Cashflow Yield

-11.18%

SCWX Fundamentals

SCWX Revenue

Revenue (TTM)

365.9M

Rev. Growth (Yr)

-22.7%

Rev. Growth (Qtr)

-0.23%

SCWX Earnings

Earnings (TTM)

-86.0M

Earnings Growth (Yr)

79.29%

Earnings Growth (Qtr)

42.5%

Breaking Down SCWX Revenue

Last 7 days

-1.6%

Last 30 days

8.1%

Last 90 days

-8.7%

Trailing 12 Months

-30.6%

How does SCWX drawdown profile look like?

SCWX Financial Health

Current Ratio

0.68

SCWX Investor Care

Shares Dilution (1Y)

1.97%

Diluted EPS (TTM)

-1

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	365.9M	0	0	0
2023	463.5M	436.9M	413.6M	392.1M
2022	535.2M	516.8M	498.8M	476.0M
2021	561.0M	559.3M	555.0M	547.1M
2020	552.8M	561.1M	563.0M	563.3M
2019	518.7M	525.4M	533.2M	541.5M
2018	467.7M	480.2M	492.7M	508.7M
2017	429.5M	443.4M	456.0M	466.0M
2016	339.5M	361.9M	385.7M	404.6M
2015	262.1M	281.5M	300.8M	320.2M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of SecureWorks Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Apr 23, 2024	gagnon neil	bought	24,090	5.9853	4,025	-
Apr 23, 2024	gagnon neil	bought	82,585	5.9853	13,798	-
Mar 18, 2024	fulton stephen	acquired	-	-	275,735	president, customer success
Mar 18, 2024	thomas wendy	acquired	-	-	522,059	chief executive officer
Mar 18, 2024	cary william h	acquired	-	-	65,573	-
Mar 18, 2024	wegner alpana	acquired	-	-	275,735	chief financial officer
Mar 18, 2024	hanna george b	acquired	-	-	238,971	chief legal & admin officer
Mar 15, 2024	thomas wendy	sold (taxes)	-449,805	6.36	-70,724	chief executive officer
Mar 13, 2024	thomas wendy	sold (taxes)	-713,974	6.1	-117,045	chief executive officer
Mar 13, 2024	hanna george b	sold (taxes)	-229,134	6.1	-37,563	chief legal & admin officer

Which funds bought or sold SCWX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	new	-	84,222	84,222	-%
May 15, 2024	PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO	reduced	-4.14	-6,211	42,659	-%
May 15, 2024	CITADEL ADVISORS LLC	reduced	-1.51	-21,506	186,964	-%
May 15, 2024	D. E. Shaw & Co., Inc.	reduced	-39.13	-326,664	406,258	-%
May 15, 2024	STATE STREET CORP	unchanged	-	-27,012	275,029	-%
May 15, 2024	MORGAN STANLEY	reduced	-5.59	-8,007	49,062	-%
May 15, 2024	JACOBS LEVY EQUITY MANAGEMENT, INC	reduced	-9.22	-74,398	354,756	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	added	161	10,369	17,889	-%
May 15, 2024	Cresset Asset Management, LLC	unchanged	-	-10,895	110,934	-%
May 15, 2024	Royal Bank of Canada	reduced	-25.74	-414,000	863,000	-%

Are Funds Buying or Selling SCWX?

Are funds buying SCWX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own SCWX

No. of Funds

SCWX Alerts

1 major insider buys recently.

Unveiling SecureWorks Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	gagnon neil	8.7%	1,417,219	SC 13G/A
Feb 13, 2024	vanguard group inc	6.44%	1,051,707	SC 13G/A
Feb 08, 2024	first eagle investment management, llc	5.38%	878,177	SC 13G
Jan 30, 2024	royce & associates lp	7.14%	1,165,775	SC 13G/A
Feb 09, 2023	vanguard group inc	7.44%	1,090,096	SC 13G/A
Feb 06, 2023	gagnon neil	7.6%	1,113,458	SC 13G/A
Jan 24, 2023	royce & associates lp	6.02%	882,595	SC 13G/A
Jun 28, 2022	cove street capital, llc	4.42%	657,528	SC 13G/A
Mar 18, 2022	etf managers group, llc	13.83%	1,963,925	SC 13G/A
Feb 25, 2022	cove street capital, llc	5.09%	723,590	SC 13G

Recent SEC filings of SecureWorks Corp

View All Filings

Date Filed	Form Type	Document
May 15, 2024	4	Insider Trading
May 15, 2024	ARS	ARS
May 15, 2024	DEF 14A	DEF 14A
May 15, 2024	DEFA14A	DEFA14A
Apr 25, 2024	4	Insider Trading
Mar 22, 2024	10-K	Annual Report
Mar 21, 2024	3	Insider Trading
Mar 21, 2024	8-K	Current Report
Mar 20, 2024	4	Insider Trading
Mar 20, 2024	4	Insider Trading

Peers (Alternatives to SecureWorks Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
MSFT	3.1T	236.6B	2.04%	31.94%	36.24	13.2	13.97%	24.86%
ADBE	216.6B	19.9B	1.92%	34.16%	45.12	10.87	10.76%	1.35%
CRWD	82.6B	3.1B	17.82%	143.95%	924.45	27.03	36.33%	148.75%
SQ	44.6B	22.9B	-1.67%	21.44%	89.43	1.95	23.28%	240.37%
AKAM	14.5B	3.9B	-5.09%	8.50%	23.17	3.74	7.01%	28.42%
FFIV	10.2B	2.8B	-3.92%	22.69%	20.48	3.67	0.20%	52.82%
MID-CAP
ALTR	7.5B	619.6M	12.28%	29.55%	779.75	12.06	7.11%	116.83%
HCP	6.4B	583.1M	40.42%	1.19%	-33.59	10.98	22.54%	30.49%
ACIW	4.0B	1.5B	19.09%	52.81%	27.07	2.67	6.51%	54.77%
APPN	2.4B	560.0M	-6.27%	-15.47%	-22.61	4.34	14.52%	34.67%
SMALL-CAP
CSGS	1.3B	1.2B	-10.96%	-12.92%	19.76	1.09	3.70%	18.24%
ATEN	1.2B	254.7M	26.48%	15.07%	26.36	4.73	-7.51%	2.74%
BAND	590.0M	634.3M	29.78%	103.56%	-20.22	0.93	9.43%	-197.31%
DTSS	20.5M	23.3M	-8.22%	-61.16%	-1.79	0.88	336.57%	-92.79%
BLIN	13.0M	15.3M	-	31.58%	-1.29	0.85	-7.99%	-1417.41%

SecureWorks Corp News

Latest updates

SecureWorks Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-0.2%	89,154,000	89,364,000	92,966,000	94,395,000	115,336,000	110,942,000	116,182,000	121,015,000	127,880,000	133,699,000	134,172,000	139,463,000	139,736,000	141,641,000	138,476,000	141,181,000	141,986,000	141,332,000	136,605,000	132,842,000	130,710,000
Gross Profit	6.8%	58,492,000	54,749,000	52,909,000	51,609,000	68,873,000	65,362,000	66,603,000	71,580,000	77,334,000	80,809,000	77,689,000	82,256,000	79,991,000	82,028,000	78,576,000	78,272,000	77,194,000	79,764,000	73,010,000	70,001,000	69,804,000
Operating Expenses	-0.4%	73,691,000	74,002,000	94,071,000	87,961,000	122,291,000	101,368,000	98,852,000	97,936,000	92,581,000	96,179,000	91,590,000	90,112,000	94,202,000	86,926,000	81,533,000	89,041,000	89,715,000	89,899,000	88,056,000	84,473,000	80,204,000
S&GA Expenses	-5.8%	25,509,000	27,079,000	31,237,000	34,526,000	42,072,000	41,380,000	40,940,000	39,245,000	39,036,000	35,008,000	34,685,000	36,405,000	37,048,000	34,810,000	35,624,000	37,452,000	40,708,000	40,726,000	38,047,000	38,193,000	35,854,000
R&D Expenses	-4.3%	25,230,000	26,358,000	28,236,000	31,172,000	37,553,000	35,263,000	33,638,000	33,331,000	31,158,000	32,767,000	30,417,000	28,152,000	29,218,000	27,608,000	24,109,000	24,073,000	23,364,000	24,095,000	24,863,000	22,642,000	21,687,000
EBITDA Margin	22.6%	-0.23	-0.29	-0.32	-0.28	-0.24	-0.16	-0.11	-0.07	-0.03	-0.02	0.00	0.02	0.02	0.02	0.01	-0.01	-0.02	-0.01	0.00	0.00	-0.01
Income Taxes	-87.2%	-7,763,000	-4,148,000	-9,439,000	-7,128,000	-10,907,000	-8,521,000	-7,399,000	-5,455,000	-7,734,000	-3,269,000	-2,739,000	-2,373,000	-4,590,000	-1,369,000	-1,700,000	-2,240,000	-7,404,000	-3,484,000	-2,836,000	-5,934,000	1,574,000
Earnings Before Taxes	13.5%	-16,055,000	-18,569,000	-41,798,000	-38,098,000	-50,943,000	-36,667,000	-32,118,000	-27,053,000	-16,509,000	-16,132,000	-14,502,000	-8,763,000	-14,121,000	-4,977,000	-2,927,000	-9,776,000	-12,632,000	-11,392,000	-13,096,000	-14,204,000	-10,204,000
EBT Margin	17.9%	-0.31	-0.38	-0.40	-0.36	-0.32	-0.24	-0.18	-0.14	-0.10	-0.10	-0.08	-0.06	-0.06	-0.05	-0.07	-0.08	-0.09	-0.09	-0.08	-0.08	-0.09
Net Income	42.5%	-8,292,000	-14,421,000	-32,359,000	-30,970,000	-40,036,000	-28,146,000	-24,719,000	-21,598,000	-8,775,000	-12,863,000	-11,763,000	-6,390,000	-9,531,000	-3,608,000	-1,227,000	-7,536,000	-5,228,000	-7,908,000	-10,260,000	-8,270,000	-11,778,000
Net Income Margin	21.7%	-0.24	-0.30	-0.32	-0.28	-0.25	-0.17	-0.14	-0.11	-0.07	-0.07	-0.06	-0.04	-0.04	-0.03	-0.04	-0.06	-0.06	-0.07	-0.06	-0.06	-0.08
Free Cashflow	408.5%	15,020,000	-4,868,000	-27,828,000	-42,663,000	5,240,000	-27,546,000	-16,949,000	-25,292,000	17,830,000	11,289,000	16,772,000	-31,082,000	31,332,000	21,938,000	25,671,000	-21,357,000	42,479,000	21,197,000	12,614,000	-10,041,000	27,934,000

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.7%	725	720	738	773	841	851	901	935	987	991	995	985	1,045	1,031	1,022	1,014	1,048	1,030	1,021	1,039	1,036
Current Assets	8.2%	138	128	139	170	234	230	267	289	333	315	313	293	346	323	319	301	322	284	264	272	299
Cash Equivalents	18.2%	69.00	58.00	65.00	95.00	144	139	167	186	221	205	197	181	220	188	181	156	182	139	118	111	130
Inventory	-4.2%	1.00	1.00	1.00	1.00	1.00	1.00	0.00	0.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	0.00
Net PPE	-18.2%	2.00	3.00	3.00	4.00	5.00	5.00	6.00	7.00	8.00	11.00	13.00	15.00	17.00	20.00	22.00	25.00	28.00	31.00	33.00	36.00	36.00
Goodwill	0.1%	426	425	425	425	426	425	426	426	426	426	426	426	9.00	425	416	416	417	417	417	417	417
Liabilities	0.6%	223	222	233	243	283	265	293	310	339	338	337	324	378	364	356	354	381	363	353	358	343
Current Liabilities	1.7%	202	199	208	208	246	222	237	241	266	263	260	244	294	283	274	267	293	261	246	251	261
Shareholder's Equity	0.7%	501	498	504	530	558	586	608	625	648	652	658	661	668	667	666	660	667	667	668	681	693
Retained Earnings	-1.8%	-470	-461	-447	-415	-384	-344	-315	-291	-269	-260	-247	-236	-229	-220	-216	-215	-207	-202	-194	-184	-176
Additional Paid-In Capital	1.0%	996	986	977	969	967	958	949	941	939	933	925	917	917	910	904	898	897	892	887	882	885
Shares Outstanding	0.1%	86.00	86.00	86.00	85.00	84.00	85.00	84.00	84.00	83.00	83.00	83.00	82.00	81.00	81.00	81.00	81.00	81.00	81.00	81.00	80.00	81.00
Float	-	-	-	103	-	-	-	124	-	-	-	240	-	-	-	123	-	-	-	129	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	438.3%	15,335	-4,533	-27,778	-42,183	9,433	-26,764	-16,535	-24,879	26,305	11,504	17,281	-30,558	32,156	22,410	26,360	-20,337	42,987	22,620	16,257	-3,025	31,160
Share Based Compensation	2.9%	10,252	9,962	7,620	7,270	9,351	9,566	8,812	9,126	6,769	10,062	7,580	6,035	6,739	6,081	5,707	5,887	3,931	5,092	5,609	4,916	4,895
Cashflow From Investing	28.3%	-1,452	-2,025	-1,256	-1,690	-1,050	-1,294	-1,553	-2,114	-2,359	-1,571	-1,957	-2,294	-824	-15,553	-689	-1,020	-508	-1,423	-3,643	-7,016	-3,226
Cashflow From Financing	8.5%	-216	-236	-577	-5,134	-403	-397	-645	-7,442	-792	-1,765	1,030	-6,841	921	-304	-167	-4,491	571	-125	-6,074	-8,375	-14,121
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,467	910	12,463

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SCWX Income Statement

2024-02-02

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Feb. 02, 2024	Feb. 03, 2023	Jan. 28, 2022
Total net revenue	$ 365,879	$ 463,475	$ 535,214
Total cost of revenue	148,120	191,057	217,126
Gross profit	217,759	272,418	318,088
Operating expenses:
Research and development	110,996	139,785	122,494
Sales and marketing	118,351	163,637	145,134
General and administrative	83,233	101,554	102,834
Reorganization and other related charges	17,145	15,471	0
Total operating expenses	329,725	420,447	370,462
Operating loss	(111,966)	(148,029)	(52,374)
Interest and other (expense) income, net	(2,554)	1,248	(3,532)
Loss before income taxes	(114,520)	(146,781)	(55,906)
Income tax benefit	(28,478)	(32,282)	(16,115)
Net loss	$ (86,042)	$ (114,499)	$ (39,791)
Loss per common share (basic in usd per share)	$ (1.00)	$ (1.36)	$ (0.48)
Loss per common share (diluted in usd per share)	$ (1.00)	$ (1.36)	$ (0.48)
Weighted-average common shares outstanding (basic) (in shares)	86,049	84,389	82,916
Weighted-average common shares outstanding (diluted) (in shares)	86,049	84,389	82,916
Subscription
Total net revenue	$ 304,556	$ 363,448	$ 408,947
Total cost of revenue	109,833	131,554	143,515
Professional Services
Total net revenue	61,323	100,027	126,267
Total cost of revenue	$ 38,287	$ 59,503	$ 73,611

SCWX Balance Sheet

2024-02-02

Consolidated Statements of Financial Position - USD ($) $ in Thousands	Feb. 02, 2024	Feb. 03, 2023
Current assets:
Cash and cash equivalents	$ 68,655	$ 143,517
Accounts receivable, net of allowances of $2,017 and $2,402, respectively	54,266	72,627
Inventories, net	727	620
Other current assets	14,491	17,526
Total current assets	138,139	234,290
Property and equipment, net	2,149	4,632
Goodwill	425,472	425,519
Operating lease right-of-use assets, net	5,069	9,256
Intangible assets, net	83,235	106,208
Other non-current assets	70,715	60,965
Total assets	724,779	840,870
Current liabilities:
Accounts payable	8,974	18,847
Short-term deferred revenue	131,245	145,170
Total current liabilities	202,114	245,583
Long-term deferred revenue	5,706	11,162
Operating lease liabilities, non-current	7,803	12,141
Other non-current liabilities	7,831	14,023
Total liabilities	223,454	282,909
Commitments and contingencies (Note 7)
Stockholders’ equity:
Preferred stock - $0.01 par value: 200,000 shares authorized; 0 shares issued	0	0
Additional paid in capital	996,291	967,367
Accumulated deficit	(470,163)	(384,121)
Accumulated other comprehensive loss	(5,771)	(6,237)
Treasury stock, at cost - 1,257 and 1,257 shares, respectively	(19,896)	(19,896)
Total stockholders’ equity	501,325	557,961
Total liabilities and stockholders’ equity	724,779	840,870
Nonrelated Party
Current liabilities:
Accrued and other current liabilities	61,895	81,566
Common Stock - Class A
Stockholders’ equity:
Common stock	164	147
Common Stock - Class B
Stockholders’ equity:
Common stock	$ 700	$ 700

About SecureWorks Corp

SecureWorks Corp., through its subsidiaries, provides technology-driven information security solutions for protecting its customers in the United States and internationally. The company's solutions include software-as-a-service solutions, managed security services, and professional services, including incident response and adversarial services. Its solutions enable organizations to prevent security breaches, detect malicious activity, respond rapidly to security breaches, and identify emerging threats. The company sells its solutions primarily through its referral agents, regional value-added resellers, trade associations, and managed security service providers. It serves customers in a range of industries, including financial services, manufacturing, technology, retail, insurance, utility, and healthcare sectors. The company was formerly known as SecureWorks Holding Corporation and changed its name to SecureWorks Corp. in November 2015. SecureWorks Corp. was founded in 1999 and is headquartered in Atlanta, Georgia. SecureWorks Corp. is a subsidiary of Dell Marketing L.P.

CEO	Ms. Wendy K. Thomas
WEBSITE	secureworks.com
INDUSTRY	Software - Infra
EMPLOYEES	2149

SecureWorks Corp Frequently Asked Questions

What is the ticker symbol for SecureWorks Corp? What does SCWX stand for in stocks?

SCWX is the stock ticker symbol of SecureWorks Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of SecureWorks Corp (SCWX)?

As of Fri May 17 2024, market cap of SecureWorks Corp is 539.53 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of SCWX stock?

You can check SCWX's fair value in chart for subscribers.

What is the fair value of SCWX stock?

You can check SCWX's fair value in chart for subscribers. The fair value of SecureWorks Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of SecureWorks Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for SCWX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is SecureWorks Corp a good stock to buy?

The fair value guage provides a quick view whether SCWX is over valued or under valued. Whether SecureWorks Corp is cheap or expensive depends on the assumptions which impact SecureWorks Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for SCWX.

What is SecureWorks Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, SCWX's PE ratio (Price to Earnings) is -6.27 and Price to Sales (PS) ratio is 1.47. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. SCWX PE ratio will change depending on the future growth rate expectations of investors.