Check Point Software Technologies (CHKP) Competitors

$151.13
+0.03 (+0.02%)
(As of 05/17/2024 ET)

CHKP vs. TYL, OKTA, PTC, MSTR, NTNX, BSY, SSNC, NICE, DT, and MANH

Should you be buying Check Point Software Technologies stock or one of its competitors? The main competitors of Check Point Software Technologies include Tyler Technologies (TYL), Okta (OKTA), PTC (PTC), MicroStrategy (MSTR), Nutanix (NTNX), Bentley Systems (BSY), SS&C Technologies (SSNC), NICE (NICE), Dynatrace (DT), and Manhattan Associates (MANH). These companies are all part of the "prepackaged software" industry.

Check Point Software Technologies vs.

Tyler Technologies (NYSE:TYL) and Check Point Software Technologies (NASDAQ:CHKP) are both large-cap computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their risk, community ranking, institutional ownership, valuation, profitability, media sentiment, analyst recommendations, earnings and dividends.

Check Point Software Technologies has a net margin of 34.33% compared to Check Point Software Technologies' net margin of 9.50%. Tyler Technologies' return on equity of 31.42% beat Check Point Software Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Tyler Technologies9.50% 9.35% 5.83%
Check Point Software Technologies 34.33%31.42%15.92%

In the previous week, Tyler Technologies had 6 more articles in the media than Check Point Software Technologies. MarketBeat recorded 14 mentions for Tyler Technologies and 8 mentions for Check Point Software Technologies. Tyler Technologies' average media sentiment score of 1.55 beat Check Point Software Technologies' score of 0.63 indicating that Check Point Software Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Tyler Technologies
6 Very Positive mention(s)
3 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Check Point Software Technologies
6 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Check Point Software Technologies has higher revenue and earnings than Tyler Technologies. Check Point Software Technologies is trading at a lower price-to-earnings ratio than Tyler Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tyler Technologies$1.95B10.64$165.92M$4.42110.67
Check Point Software Technologies$2.41B7.07$840.30M$7.2020.99

Tyler Technologies currently has a consensus target price of $492.22, suggesting a potential upside of 0.63%. Check Point Software Technologies has a consensus target price of $169.18, suggesting a potential upside of 11.94%. Given Tyler Technologies' higher probable upside, analysts clearly believe Check Point Software Technologies is more favorable than Tyler Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tyler Technologies
0 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.78
Check Point Software Technologies
0 Sell rating(s)
13 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.41

Tyler Technologies has a beta of 0.76, indicating that its stock price is 24% less volatile than the S&P 500. Comparatively, Check Point Software Technologies has a beta of 0.64, indicating that its stock price is 36% less volatile than the S&P 500.

Check Point Software Technologies received 272 more outperform votes than Tyler Technologies when rated by MarketBeat users. However, 74.67% of users gave Tyler Technologies an outperform vote while only 65.55% of users gave Check Point Software Technologies an outperform vote.

CompanyUnderperformOutperform
Tyler TechnologiesOutperform Votes
628
74.67%
Underperform Votes
213
25.33%
Check Point Software TechnologiesOutperform Votes
900
65.55%
Underperform Votes
473
34.45%

93.3% of Tyler Technologies shares are owned by institutional investors. Comparatively, 87.6% of Check Point Software Technologies shares are owned by institutional investors. 2.2% of Tyler Technologies shares are owned by company insiders. Comparatively, 29.0% of Check Point Software Technologies shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Summary

Check Point Software Technologies beats Tyler Technologies on 11 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding CHKP and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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CHKP vs. The Competition

MetricCheck Point Software TechnologiesPrepackaged software IndustryComputer SectorNASDAQ Exchange
Market Cap$17.06B$21.89B$20.97B$7.96B
Dividend YieldN/A2.02%2.71%3.91%
P/E Ratio20.9953.20228.0315.10
Price / Sales7.0710.85553.5579.57
Price / Cash19.1968.4929.0931.98
Price / Book6.179.466.674.76
Net Income$840.30M$367.51M$634.46M$217.17M
7 Day Performance-0.29%2.77%2.07%2.90%
1 Month Performance-4.58%6.36%5.72%6.57%
1 Year Performance26.85%17.24%24.82%10.17%

Check Point Software Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TYL
Tyler Technologies
4.0351 of 5 stars
$481.38
+1.1%
$492.22
+2.3%
+23.8%$20.44B$1.95B108.917,300Insider Selling
News Coverage
OKTA
Okta
3.5762 of 5 stars
$98.56
-0.7%
$100.39
+1.9%
+28.1%$16.50B$2.26B-45.425,908Analyst Forecast
PTC
PTC
4.4973 of 5 stars
$178.38
+0.1%
$200.64
+12.5%
+40.0%$21.33B$2.10B74.647,231Analyst Upgrade
MSTR
MicroStrategy
2.7366 of 5 stars
$1,257.45
-0.9%
$1,678.75
+33.5%
+445.3%$21.34B$496.26M-187.681,934Gap Up
NTNX
Nutanix
3.7969 of 5 stars
$65.32
+0.6%
$65.17
-0.2%
+167.6%$15.96B$1.86B-181.446,450Positive News
BSY
Bentley Systems
4.3429 of 5 stars
$54.93
+2.6%
$58.44
+6.4%
+23.7%$15.70B$1.23B55.485,200
SSNC
SS&C Technologies
4.8221 of 5 stars
$62.72
-0.1%
$70.20
+11.9%
+14.7%$15.51B$5.50B24.9926,000Insider Selling
NICE
NICE
4.5625 of 5 stars
$223.43
+0.6%
$291.00
+30.2%
+3.0%$14.05B$2.38B43.908,384Analyst Downgrade
Analyst Revision
DT
Dynatrace
4.9804 of 5 stars
$46.77
-0.9%
$61.08
+30.6%
+2.2%$13.77B$1.16B70.864,180Analyst Forecast
Short Interest ↓
News Coverage
MANH
Manhattan Associates
4.6057 of 5 stars
$216.64
+1.5%
$234.86
+8.4%
+32.9%$13.34B$928.72M70.804,580Analyst Forecast
Analyst Revision

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This page (NASDAQ:CHKP) was last updated on 5/18/2024 by MarketBeat.com Staff

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