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Check Point Software Technologies Stock Price, Forecast & Analysis (NASDAQ:CHKP)

$116.40
+0.12 (+0.10 %)
(As of 11/18/2019 08:13 AM ET)
Today's Range
$115.96
Now: $116.40
$117.04
50-Day Range
$106.80
MA: $110.63
$116.47
52-Week Range
$98.57
Now: $116.40
$132.76
Volume564,200 shs
Average Volume1.11 million shs
Market Capitalization$17.72 billion
P/E Ratio22.34
Dividend YieldN/A
Beta0.78
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$1.92 billion
Cash Flow$5.58 per share
Book Value$23.54 per share

Profitability

Net Income$821.30 million

Miscellaneous

Employees5,070
Market Cap$17.72 billion
Next Earnings Date1/29/2020 (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) issued its earnings results on Monday, October, 28th. The technology company reported $1.44 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.40 by $0.04. The technology company had revenue of $490.91 million for the quarter, compared to analysts' expectations of $490.94 million. Check Point Software Technologies had a net margin of 40.05% and a return on equity of 21.86%. The business's revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the business earned $1.38 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 Wednesday, January 29th 2020. View Earnings Estimates for Check Point Software Technologies.

What price target have analysts set for CHKP?

19 equities research analysts have issued 12-month price targets for Check Point Software Technologies' shares. Their forecasts range from $105.00 to $145.00. On average, they anticipate Check Point Software Technologies' stock price to reach $119.00 in the next year. This suggests a possible upside of 2.2% 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?

19 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Check Point Software Technologies in the last year. There are currently 2 sell ratings, 14 hold ratings and 3 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)
  • 3. Evercore ISI analysts commented, "We continue to believe, however, growth is likely to be muted in 2019 as evidenced by the ~4% y/y revenue guidance (but likely higher billings growth). Further, management was clear that they intend to continue investing in S&M during 2019, both internally in the form of headcount but also to support partners. This is expected to lead to ~300bps of margin compression for the year." (1/31/2019)

Has Check Point Software Technologies been receiving favorable news coverage?

Media headlines about CHKP stock have been trending very negative recently, according to InfoTrie Sentiment. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog 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 -3.0 on InfoTrie's scale. They also gave press coverage about the technology company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term. 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 during the month of October. As of October 31st, there was short interest totalling 12,150,000 shares, an increase of 5.4% from the September 30th total of 11,530,000 shares. Based on an average daily volume of 972,700 shares, the short-interest ratio is presently 12.5 days. Approximately 10.0% 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), Netflix (NFLX), Broadcom (AVGO), Cisco Systems (CSCO), Micron Technology (MU), Bank of America (BAC), Starbucks (SBUX), Costco Wholesale (COST) and Adobe (ADBE).

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 (6.47%), Alecta Pensionsforsakring Omsesidigt (3.44%), California Public Employees Retirement System (0.65%), First Trust Advisors LP (0.64%), Compass Capital Management Inc. (0.19%) and Envestnet Asset Management Inc. (0.17%).

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, Russell Investments Group Ltd., Alta Capital Management LLC, Teacher Retirement System of Texas, Envestnet Asset Management Inc., Zurcher Kantonalbank Zurich Cantonalbank, Gateway Investment Advisers LLC and Janney Montgomery Scott LLC.

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 Alecta Pensionsforsakring Omsesidigt, First Trust Advisors LP, Diamond Hill Capital Management Inc., California Public Employees Retirement System, State of Alaska Department of Revenue, Oxbow Advisors LLC, Harel Insurance Investments & Financial Services Ltd. and Commerzbank Aktiengesellschaft FI.

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 $116.40.

How big of a company is Check Point Software Technologies?

Check Point Software Technologies has a market capitalization of $17.72 billion and generates $1.92 billion in revenue each year. The technology company earns $821.30 million in net income (profit) each year or $5.21 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:  788 (Vote Outperform)
Underperform Votes:  678 (Vote Underperform)
Total Votes:  1,466
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 11/18/2019 by MarketBeat.com Staff

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