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NASDAQ:CHKP - Check Point Software Technologies Stock Price, Forecast & News

$116.34
-1.20 (-1.02 %)
(As of 02/23/2020 04:55 AM ET)
Today's Range
$116.05
Now: $116.34
$117.66
50-Day Range
$111.48
MA: $114.84
$119.28
52-Week Range
$105.13
Now: $116.34
$132.76
Volume710,327 shs
Average Volume973,750 shs
Market Capitalization$17.71 billion
P/E Ratio21.35
Dividend YieldN/A
Beta0.75
Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a portfolio of network and gateway solutions, management solutions, and data and endpoint security solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against 5th generation mega cyber-attacks across various networks, endpoint, cloud, and mobile; security gateways from platforms for small business and small office locations, high end and high demanding data centers, and perimeter environments; and Check Point SandBlast family for threat prevention and zero-day protections. Read More…

Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNASDAQ:CHKP
CUSIPN/A
Phone972-3753-4555

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.99 billion
Cash Flow$5.61 per share
Book Value$23.44 per share

Profitability

Net Income$825.70 million

Miscellaneous

Employees5,070
Market Cap$17.71 billion
Next Earnings Date4/16/2020 (Estimated)
OptionableOptionable

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Check Point Software Technologies (NASDAQ:CHKP) Frequently Asked Questions

What is Check Point Software Technologies' stock symbol?

Check Point Software Technologies trades on the NASDAQ under the ticker symbol "CHKP."

How were Check Point Software Technologies' earnings last quarter?

Check Point Software Technologies Ltd. (NASDAQ:CHKP) posted its quarterly earnings data on Monday, February, 3rd. The technology company reported $2.02 EPS for the quarter, beating analysts' consensus estimates of $1.99 by $0.03. The technology company had revenue of $544 million for the quarter, compared to analyst estimates of $542.59 million. Check Point Software Technologies had a net margin of 41.39% and a return on equity of 23.10%. Check Point Software Technologies's quarterly revenue was up 3.4% on a year-over-year basis. During the same period in the previous year, the business posted $1.68 earnings per share. View Check Point Software Technologies' Earnings History.

When is Check Point Software Technologies' next earnings date?

Check Point Software Technologies is scheduled to release their next quarterly earnings announcement on Thursday, April 16th 2020. View Earnings Estimates for Check Point Software Technologies.

What guidance has Check Point Software Technologies issued on next quarter's earnings?

Check Point Software Technologies issued an update on its first quarter 2020 After-Hours earnings guidance on Monday, February, 3rd. The company provided earnings per share guidance of 1.37-1.43 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.60. The company issued revenue guidance of $475-495 million, compared to the consensus revenue estimate of $490.43 million.

What price target have analysts set for CHKP?

18 analysts have issued 1 year price objectives for Check Point Software Technologies' stock. Their forecasts range from $105.00 to $145.00. On average, they anticipate Check Point Software Technologies' share price to reach $119.00 in the next twelve months. This suggests a possible upside of 2.3% from the stock's current price. View Analyst Price Targets for Check Point Software Technologies.

What is the consensus analysts' recommendation for Check Point Software Technologies?

18 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Check Point Software Technologies in the last year. There are currently 3 sell ratings, 13 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Check Point Software Technologies.

What are Wall Street analysts saying about Check Point Software Technologies stock?

Here are some recent quotes from research analysts about Check Point Software Technologies stock:
  • 1. According to Zacks Investment Research, "Check Point is benefiting from strong growth in security subscriptions, including advanced threat prevention and CloudGuard suite. The company’s focus on enhancing mobile capabilities is helping it tap greater opportunities. Acquisitions have helped it in broadening its portfolio and enter newer market, which has eventually driven its revenues. The recent buyouts of Dome9 and ForceNock will help expand the company’s security capabilities. Check Point continues to win new customer accounts, which is boosting its revenues. However, Check Point derives a significant portion of total sales from the 10 biggest distributors, giving rise to the risk of customer concentration. Intensifying competition in the cybersecurity market is a concern. Shares have underperformed the industry in the year to date period." (9/30/2019)
  • 2. Robert W. Baird analysts commented, "We view the stable growth profile/capital structure as favorable to value- oriented investors." (7/24/2019)

Has Check Point Software Technologies been receiving favorable news coverage?

Headlines about CHKP stock have been trending very negative on Sunday, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Check Point Software Technologies earned a news impact score of -3.3 on InfoTrie's scale. They also gave news headlines about the technology company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Check Point Software Technologies.

Are investors shorting Check Point Software Technologies?

Check Point Software Technologies saw a increase in short interest in January. As of January 31st, there was short interest totalling 14,280,000 shares, an increase of 6.0% from the January 15th total of 13,470,000 shares. Based on an average daily volume of 896,700 shares, the days-to-cover ratio is presently 15.9 days. Approximately 11.8% of the shares of the stock are sold short. View Check Point Software Technologies' Current Options Chain.

Who are some of Check Point Software Technologies' key competitors?

What other stocks do shareholders of Check Point Software Technologies own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Check Point Software Technologies investors own include NVIDIA (NVDA), Alibaba Group (BABA), Broadcom (AVGO), Cisco Systems (CSCO), Netflix (NFLX), Micron Technology (MU), Bank of America (BAC), Adobe (ADBE), Starbucks (SBUX) and Costco Wholesale (COST).

Who are Check Point Software Technologies' key executives?

Check Point Software Technologies' management team includes the folowing people:
  • Mr. Gil Shwed, Founder, CEO & Director (Age 50)
  • Ms. Tal Payne, CFO & COO (Age 47)
  • Mr. Marius Nacht M.S., Co-Founder & Non-Exec. Chairman
  • Mr. Kip E. Meintzer, Head of Global Investor Relations
  • Mr. John Slavitt, Gen. Counsel

Who are Check Point Software Technologies' major shareholders?

Check Point Software Technologies' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (6.10%), Alecta Pensionsforsakring Omsesidigt (3.52%), Franklin Resources Inc. (2.73%), Alliancebernstein L.P. (1.99%), Pendal Group Ltd (1.90%) and Investec Asset Management LTD (1.78%).

Which major investors are selling Check Point Software Technologies stock?

CHKP stock was sold by a variety of institutional investors in the last quarter, including Massachusetts Financial Services Co. MA, Schroder Investment Management Group, Marshall Wace North America L.P., Meitav Dash Investments Ltd., Acadian Asset Management LLC, Alliancebernstein L.P., DekaBank Deutsche Girozentrale and Janus Henderson Group PLC.

Which major investors are buying Check Point Software Technologies stock?

CHKP stock was purchased by a variety of institutional investors in the last quarter, including Pendal Group Ltd, Investec Asset Management LTD, AustralianSuper Pty Ltd, TAM Capital Management Inc., Renaissance Technologies LLC, Altshuler Shaham Ltd, Marshall Wace LLP and Great West Life Assurance Co. Can.

How do I buy shares of Check Point Software Technologies?

Shares of CHKP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Check Point Software Technologies' stock price today?

One share of CHKP stock can currently be purchased for approximately $116.34.

How big of a company is Check Point Software Technologies?

Check Point Software Technologies has a market capitalization of $17.71 billion and generates $1.99 billion in revenue each year. The technology company earns $825.70 million in net income (profit) each year or $5.51 on an earnings per share basis. Check Point Software Technologies employs 5,070 workers across the globe.View Additional Information About Check Point Software Technologies.

What is Check Point Software Technologies' official website?

The official website for Check Point Software Technologies is http://www.checkpoint.com/.

How can I contact Check Point Software Technologies?

Check Point Software Technologies' mailing address is 5 HA` SOLELIM STREET, TEL AVIV L3, 94070. The technology company can be reached via phone at 972-3753-4555 or via email at [email protected]


MarketBeat Community Rating for Check Point Software Technologies (NASDAQ CHKP)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  829 (Thanks for Voting!)
Underperform Votes:  699 (Thanks for Voting!)
Total Votes:  1,528
MarketBeat's community ratings are surveys of what our community members think about Check Point Software Technologies and other stocks. Vote "Outperform" if you believe CHKP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CHKP will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 2/23/2020 by MarketBeat.com Staff

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