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 Ratio1.57
Quick Ratio1.57
Price-To-Earnings
Trailing P/E Ratio22.81
Forward P/E Ratio21.79
P/E Growth2.26
Sales & Book Value
Annual Sales$1.85 billion
Price / Sales9.83
Cash Flow$5.2034 per share
Price / Cash21.44
Book Value$22.03 per share
Price / Book5.06
Profitability
EPS (Most Recent Fiscal Year)$4.89
Net Income$802.92 million
Net Margins43.15%
Return on Equity22.83%
Return on Assets15.21%
Miscellaneous
Employees4,281
Outstanding Shares163,440,000
Market Cap$18,233.69
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 earnings results on Wednesday, April, 25th. The technology company reported $1.30 EPS for the quarter, topping the Zacks' consensus estimate of $1.28 by $0.02. The technology company earned $452.30 million during the quarter, compared to analysts' expectations of $452.13 million. Check Point Software Technologies had a return on equity of 22.83% and a net margin of 43.15%. The company's quarterly revenue was up 3.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.20 EPS. View Check Point Software Technologies' Earnings History.
When is Check Point Software Technologies' next earnings date?
What price target have analysts set for CHKP?
24 Wall Street analysts have issued twelve-month price targets for Check Point Software Technologies' shares. Their forecasts range from $95.00 to $128.00. On average, they anticipate Check Point Software Technologies' stock price to reach $108.90 in the next year. This suggests that the stock has a possible downside of 2.4%. View Analyst Ratings 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."
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. 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)
- 2. According to Zacks Investment Research, "Check Point's ongoing issues related with the changes it made in its U.S. sales force makes us skeptical about the company’s near-term performance. It looks like the recently-joined people are taking more-than-expected time for reaching their full potential. The more its new recruits will take time reaching their full potential, Check Point will have to forego more revenues. The stock has underperformed the industry in the year-to-date period. Nevertheless, we believe that the rapid adoption of Check Point’s data center appliances and continuous enhancements in data center product lines will provide ample support to its top line. The company’s focus on enhancing mobile capabilities will aid it to tap greater larger opportunities. Furthermore, Check Point’s strategy of growing through acquisitions is praiseworthy." (6/26/2018)
- 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), Activision Blizzard (ATVI), Intuit (INTU), Electronic Arts (EA), Dassault Systemes (DASTY), ServiceNow (NOW), Autodesk (ADSK), Square (SQ), CA (CA), Shopify (SHOP), Splunk (SPLK), ANSYS (ANSS), Citrix Systems (CTXS), TAKE-TWO INTERACTIVE SOFTWARE, INC Common Stock (TTWO) 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?
Media stories about CHKP stock have been trending somewhat positive this week, according to Accern. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Check Point Software Technologies earned a media sentiment score of 0.13 on Accern's scale. They also gave news stories about the technology company an impact score of 46.08 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next several days.
Who are Check Point Software Technologies' major shareholders?
Check Point Software Technologies' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Alecta Pensionsforsakring Omsesidigt (3.09%), Pendal Group Ltd (1.35%), Handelsbanken Fonder AB (0.23%), Compass Capital Management Inc. (0.16%), Penn Davis Mcfarland Inc. (0.07%) and Pwmco LLC (0.05%). View Institutional Ownership Trends for Check Point Software Technologies.
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 Handelsbanken Fonder AB, Assenagon Asset Management S.A., Bank of Montreal Can, Cobiz Wealth LLC, First United Bank Trust, World Asset Management Inc, Huntington National Bank and Howard Capital Management. View Insider Buying and Selling for Check Point Software Technologies.
Which institutional 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, Pendal Group Ltd, Pwmco LLC, Cornerstone Wealth Management LLC, Fjarde AP Fonden Fourth Swedish National Pension Fund, Compass Capital Management Inc., Gateway Investment Advisers LLC and Whittier Trust Co. of Nevada Inc.. View Insider Buying and Selling for Check Point Software Technologies.
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 $111.56.
How big of a company is Check Point Software Technologies?
Check Point Software Technologies has a market capitalization of $18.23 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.
