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

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

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

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.

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

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' stock price to reach $119.00 in the next twelve months. This suggests a possible upside of 14.6% from the stock's current price. View Analyst Price Targets 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.

Headlines about CHKP stock have trended somewhat negative recently, according to InfoTrie. InfoTrie ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Check Point Software Technologies earned a coverage optimism score of -1.9 on InfoTrie's scale. They also assigned media coverage about the technology company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days. View News Stories for Check Point Software Technologies.

Check Point Software Technologies saw a drop in short interest during the month of February. As of February 14th, there was short interest totalling 13,210,000 shares, a drop of 7.5% from the January 30th total of 14,280,000 shares. Based on an average daily volume of 841,200 shares, the short-interest ratio is presently 15.7 days. Approximately 11.4% of the company's shares are sold short. View Check Point Software Technologies' Current Options Chain.

Some companies that are related to Check Point Software Technologies include VMware (VMW), Uber Technologies (UBER), Shopify (SHOP), Activision Blizzard (ATVI), Autodesk (ADSK), Dassault Systemes (DASTY), Square (SQ), Electronic Arts (EA), Splunk (SPLK), ANSYS (ANSS), Veeva Systems (VEEV), Synopsys (SNPS), Cadence Design Systems (CDNS), Atlassian (TEAM) and Paycom Software (PAYC).

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).

Check Point Software Technologies' stock is owned by a variety of of retail and institutional investors. Top institutional investors 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%).

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.

CHKP stock was bought 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.

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.

One share of CHKP stock can currently be purchased for approximately $103.80.

Check Point Software Technologies has a market capitalization of $15.80 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.

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

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]