Barclays (LON:BARC) analyst Saket Kalia maintained a Sell rating on SecureWorks (NASDAQ:SCWX) Corp on Thursday, setting a price target of $16, which is approximately 10.04% above the present share price of $14.54.
Kalia expects SecureWorks Corp to post earnings per share (EPS) of -$0.04 for the first quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Moderate Sell rating of shares in SecureWorks, with an average price target of $15.
The analysts price targets range from a high of $16 to a low of $14.
In its latest earnings report, released on 10/31/2020, the company reported a quarterly revenue of $141.64 million and a net profit of -$4.9 million. The company's market cap is $1.2 billion.
According to TipRanks.com, Barclays analyst Saket Kalia is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 16.9% and a 59.36% success rate.
SecureWorks Corp. is a cyber security company, which delivers information security solutions. The company's SecureWorks Counter Threat Platform is a SaaS-based early-warning system that delivers insights and deploys countermeasures derived from analytics and applied intelligence. It prevents security breaches and detects malicious activity in real time. The company was founded in March 1999 and is headquartered in Atlanta, GA.