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. The company also offers Check Point CloudGuard cloud security product that delivers threat prevention security for enterprise cloud networks, data, and applications; Check Point SandBlast Mobile for mobile security in iOS and Android devices; and Check Point Security Management, which offers security management through a single console that streamlines security operations and provides visibility into policy administration and threat analysis. In addition, the company provides technical customer support programs and plans; professional services in implementing, upgrading, and optimizing Check Point products comprising design planning and security implementation; and certification and educational training services. It sells its products and services to enterprises, service providers, small and medium sized businesses, and consumers through a network of channel partners, such as distributors, resellers, system integrators, original equipment manufacturers, and managed security service providers. Check Point Software Technologies Ltd. was founded in 1993 and is headquartered in Tel Aviv, Israel.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:CHKP
CUSIPN/A
Phone972-3753-4555
Debt
Debt-to-Equity RatioN/A
Current Ratio1.71
Quick Ratio1.71
Price-To-Earnings
Trailing P/E Ratio23.51
Forward P/E Ratio22.23
P/E Growth2.27
Sales & Book Value
Annual Sales$1.85 billion
Price / Sales10.13
Cash Flow$5.2628 per share
Price / Cash21.84
Book Value$22.03 per share
Price / Book5.22
Profitability
EPS (Most Recent Fiscal Year)$4.89
Net Income$802.92 million
Net Margins43.43%
Return on Equity22.98%
Return on Assets15.24%
Miscellaneous
Employees4,281
Outstanding Shares163,440,000
Market Cap$18.58 billion
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) announced its quarterly earnings results on Wednesday, July, 25th. The technology company reported $1.37 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $1.19 by $0.18. The technology company had revenue of $467.80 million for the quarter, compared to analyst estimates of $461.32 million. Check Point Software Technologies had a return on equity of 22.98% and a net margin of 43.43%. The company's quarterly revenue was up 2.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.26 EPS. View Check Point Software Technologies' Earnings History.
When is Check Point Software Technologies' next earnings date?
What guidance has Check Point Software Technologies issued on next quarter's earnings?
Check Point Software Technologies issued an update on its FY18 earnings guidance on Wednesday, July, 25th. The company provided EPS guidance of $5.45-5.75 for the period, compared to the Thomson Reuters consensus estimate of $5.61. The company issued revenue guidance of $1.85-1.93 billion, compared to the consensus revenue estimate of $1.89 billion.Check Point Software Technologies also updated its Q3 guidance to $1.30-1.40 EPS.
What price target have analysts set for CHKP?
24 analysts have issued 12 month price objectives for Check Point Software Technologies' shares. Their predictions range from $95.00 to $130.00. On average, they expect Check Point Software Technologies' share price to reach $113.55 in the next year. This suggests that the stock has a possible downside of 1.2%. View Analyst Price Targets for Check Point Software Technologies.
What is the consensus analysts' recommendation for Check Point Software Technologies?
24 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Check Point Software Technologies in the last year. There are currently 20 hold ratings and 4 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’s second-quarter results were driven by strong growth in security subscriptions. The company’s focus on enhancing mobile capabilities is helping it tap greater opportunities. Furthermore, the company’s strategy of growing through acquisitions is praiseworthy. The rapid adoption of its data center appliances and continuous enhancements in data center product lines is tailwind for its top line. The revenues realized from Check Point’s security subscriptions have increased significantly, and are expected to gain momentum rapidly over the next few years. Nonetheless, the company derives a significant portion of total sales from the 10 biggest distributors, giving rise to the risk of customer concentration. The stock has also underperformed the industry year to date." (8/6/2018)
- 2. Evercore ISI analysts commented, "We believe execution issues and attrition within the Americas sales force is the main cause of the deceleration though the company may continue to see incremental competitive share loss. On the most recent earnings call, management noted making changes to the sales force starting in 2Q17 with the expectation of changes continuing into 2Q18. Our checks this quarter were mixed in terms of partner feedback on this issue; some saw improvement in the sales force while others saw the status quo maintained." (7/19/2018)
- 3. BTIG Research analysts commented, "We are maintaining our $24 price target on SABR shares after a solid quarter with EBITDA 5% above consensus and management maintaining FY17 guidance. While no change to ’18E FCF, expected to grow in-line with mid-single-digit revenue growth, we believe a relatively vanilla quarter, with new agency contracts in higher unit economic regions (EMEA/APAC), are now benefiting Travel Network (TN) top- line, indicating management’s transition-plan is materializing. However, visibility into ’19E FCF accelerating is likely needed to materially shift some of the entrenched negative sentiment that exists around shares. Guidance suggests declining Airline solutions revenue near term, but this is largely priced in. Hospitality re-accelerated and commentary suggest mid-teens growth is sustainable. We believe SABR is well- positioned to scale long-term travel technology trends." (11/1/2017)
Who are some of Check Point Software Technologies' key competitors?
Some companies that are related to Check Point Software Technologies include VMware (VMW), Intuit (INTU), Activision Blizzard (ATVI), Electronic Arts (EA), Dassault Systemes (DASTY), ServiceNow (NOW), Autodesk (ADSK), Square (SQ), CA (CA), Shopify (SHOP), Splunk (SPLK), Citrix Systems (CTXS), TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (TTWO), ANSYS (ANSS) and Mobileye (MBBYF).
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 49)
- Mr. Amnon Bar-Lev, Pres
- Ms. Tal Payne, Chief Financial & Operations Officer (Age 46)
- Ms. Miryam Steinitz, Head of HR
- Dr. Dorit Dor, VP of Products
Has Check Point Software Technologies been receiving favorable news coverage?
News stories about CHKP stock have trended somewhat positive on Monday, according to Accern Sentiment. The research group rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Check Point Software Technologies earned a coverage optimism score of 0.06 on Accern's scale. They also assigned headlines about the technology company an impact score of 47.38 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View Recent Headlines for Check Point Software Technologies.
Who are Check Point Software Technologies' major shareholders?
Check Point Software Technologies' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (8.45%), BlackRock Inc. (3.20%), Alecta Pensionsforsakring Omsesidigt (3.09%), Schroder Investment Management Group (1.98%), Standard Life Aberdeen plc (1.63%) and Flossbach Von Storch AG (1.52%).
Which institutional investors are selling Check Point Software Technologies stock?
CHKP stock was sold by a variety of institutional investors in the last quarter, including Standard Life Aberdeen plc, Congress Asset Management Co. MA, Schroder Investment Management Group, Janus Henderson Group PLC, Handelsbanken Fonder AB, Virginia Retirement Systems ET AL, Sei Investments Co. and Connor Clark & Lunn Investment Management Ltd..
Which institutional investors are buying Check Point Software Technologies stock?
CHKP stock was acquired by a variety of institutional investors in the last quarter, including Flossbach Von Storch AG, Massachusetts Financial Services Co. MA, First Trust Advisors LP, Envestnet Asset Management Inc., Zurcher Kantonalbank Zurich Cantonalbank, Canada Pension Plan Investment Board, Alecta Pensionsforsakring Omsesidigt and Acadian Asset Management LLC.
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, Scottrade, Fidelity and Charles Schwab.
What is Check Point Software Technologies' stock price today?
One share of CHKP stock can currently be purchased for approximately $114.94.
How big of a company is Check Point Software Technologies?
Check Point Software Technologies has a market capitalization of $18.58 billion and generates $1.85 billion in revenue each year. The technology company earns $802.92 million in net income (profit) each year or $4.89 on an earnings per share basis. Check Point Software Technologies employs 4,281 workers across the globe.
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)
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.
