At the time of writing, SecureWorks Corp [SCWX] stock is trading at $8.36, down -1.30%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The SCWX shares have gain 3.59% over the last week, with a monthly amount glided 3.34%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
SecureWorks Corp [NASDAQ: SCWX] stock has seen the most recent analyst activity on January 08, 2021, when Goldman downgraded its rating to a Sell but kept the price target unchanged to $14 for it. Previously, JP Morgan downgraded its rating to Underweight on December 09, 2020, and kept the price target unchanged to $15. On March 20, 2020, upgrade upgraded it’s rating to Neutral and revised its price target to $10 on the stock. Goldman started tracking the stock assigning a Sell rating and suggested a price target of $12 on November 12, 2019. BofA/Merrill reiterated its recommendation of a Underperform and raised its price target to $12.50 on February 05, 2019. BofA/Merrill reiterated a Underperform rating for this stock on December 07, 2018, and upped its price target to $10.50. In a note dated December 07, 2018, RBC Capital Mkts downgraded an Sector Perform rating on this stock.
For the past year, the stock price of SecureWorks Corp fluctuated between $5.40 and $9.76. Currently, Wall Street analysts expect the stock to reach $9 within the next 12 months. SecureWorks Corp [NASDAQ: SCWX] shares were valued at $8.36 at the most recent close of the market. An investor can expect a potential return of 7.66% based on the average SCWX price forecast.
Analyzing the SCWX fundamentals
According to SecureWorks Corp [NASDAQ:SCWX], the company’s sales were 346.35M for trailing twelve months, which represents an -11.60% plunge. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at -0.16%, Pretax Profit Margin comes in at -0.17%, and Net Profit Margin reading is -0.21%. To continue investigating profitability, this company’s Return on Assets is posted at -0.11, Equity is -0.15 and Total Capital is -0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.33 points at the first support level, and at 8.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.40, and for the 2nd resistance point, it is at 8.44.
Ratios To Look Out For
It is important to note that SecureWorks Corp [NASDAQ:SCWX] has a current ratio of 0.63. Also, the Quick Ratio is 0.63, while the Cash Ratio stands at 0.26. Considering the valuation of this stock, the price to sales ratio is 2.14, the price to book ratio is 1.59.
Transactions by insiders
Recent insider trading involved Gagnon Neil, 10% Owner, that happened on Jun 03 ’24 when 9191.0 shares were purchased. 10% Owner, Gagnon Neil completed a deal on Jun 03 ’24 to buy 340.0 shares. Meanwhile, 10% Owner Gagnon Neil bought 13798.0 shares on Apr 23 ’24.
