Chasing The Bull’s Tail: SecureWorks Corp. (SCWX), Hawaiian Electric Industries, Inc. (HE)

1 analysts out of 13 Wall Street brokerage firms rate SecureWorks Corp. (NASDAQ:SCWX) as a Buy, while 4 see it as a Sell. The rest 8 describe it as a Hold. SCWX stock traded higher to an intra-day high of $21.99. At one point in session, its potential discontinued and the price was down to lows at $19.51. Analysts have set SCWX’s consensus price at $15.35, effectively giving it a -25.05% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $20 (up -2.34% from current price levels).

It is expected that in Jan 2019 quarter SCWX will have an EPS of $-0.04, suggesting a 73.33% growth. For Apr 2019 is projected at $-0.05. It means that there could be a 54.55% growth in the quarter. Yearly earnings are expected to rise by 57.78% to about $-0.19. As for the coming year, growth will be about 21.05%, lifting earnings to $-0.15. RSI after the last trading period was 48.46. SCWX recorded a change of -1.92% over the past week and returned 13.21% over the last three months while the SCWX stock’s monthly performance revealed a shift in price of -10.65%. The year to date (YTD) performance stands at 21.26%, and the bi-yearly performance specified an activity trend of 55.62% while the shares have moved 119.04% for the past 12 months.

SecureWorks Corp. (SCWX) currently trades at $20.48, which is lower by -6.61% its previous price. It has a total of 79.75 million outstanding shares, with an ATR of around 1.51. The company’s stock volume dropped to 0.38 million, worse than 324.95 thousands that represents its 50-day average. A 5-day decrease of about -1.92% in its price means SCWX is now 21.26% higher on year-to-date. The shares had marked a $24.91 52-week high price and the 52 week low of $7.83. Overall, it has seen a growth rate of 119.04 over the last 12 months.

SecureWorks Corp. (NASDAQ:SCWX)’s EPS was $0.06 as reported for the October quarter. In comparison, the same quarter a year ago had an EPS of $-0.06. That means that its growth in general now stands at -200%. Therefore, a prediction of $-0.05 given by the analysts brought a negative surprise of -220.%. SCWX Oct 19 quarter revenue was $133.06 million, compared to $117.68 million recorded in same quarter last year, giving it a 13% growth rate. The company’s $15.38 million revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

Hawaiian Electric Industries, Inc. (NYSE:HE) shares appreciated 1.07% over the last trading period, taking overall 5-day performance up to 1.81%. The general public currently hold control of a total of 107.84 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 108.34 million. The company’s management holds a total of 0.1%, while institutional investors hold about 54.4% of the remaining shares. SCWX share price finished last trade 2.63% above its 20 day simple moving average and its upbeat gap from 200 day simple moving average is 8.26%, while closing the session with 5.2% distance from 50 day simple moving average.

HE’s beta is 0.23; meaning investors could reap lower returns, although it also poses lower risks. The company allocated $1.85 per share from its yearly profit to its outstanding shares. Its last reported revenue is $761.65 million, which was 16% versus $658.6 million in the corresponding quarter last year. The EPS for Dec 19 quarter came in at $0.45 compared to $0.43 in the year-ago quarter and had represented 5% year-over-year earnings per share growth.

Estimated quarterly earnings for Hawaiian Electric Industries, Inc. (NYSE:HE) are around $0.39 per share in three months through March with $0.44 also the estimate for June quarter of the fiscal year. It means the growth is estimated at 5.41% and 4.76%, respectively. Analysts estimate full-year growth to be 5.95%, the target being $1.96 a share. The upcoming year will see an increase in growth by percentage to 7.65%, more likely to see it hit the $2.11 per share. The firm’s current profit margin over the past 12 months is 6.2%.