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

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$125.43 -0.73 (-0.58 %)
(As of 03/24/2019 04:00 PM ET)
Previous Close$125.43
Today's Range$125.11 - $126.20
52-Week Range$93.76 - $128.11
Volume758,487 shs
Average Volume946,952 shs
Market Capitalization$20.50 billion
P/E Ratio24.07
Dividend YieldN/A
Beta0.79
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.

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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$5.2176 per share
Book Value$23.08 per share

Profitability

Net Income$821.30 million

Miscellaneous

Employees2,064
Market Cap$20.50 billion
Next Earnings Date4/24/2019 (Estimated)
OptionableOptionable

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) released its quarterly earnings results on Wednesday, January, 30th. The technology company reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.05. The technology company earned $526 million during the quarter, compared to the consensus estimate of $518.03 million. Check Point Software Technologies had a net margin of 42.85% and a return on equity of 22.77%. The company's revenue for the quarter was up 4.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.58 EPS. 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, April 24th 2019. View Earnings Estimates for Check Point Software Technologies.

What price target have analysts set for CHKP?

20 brokers have issued 1 year price objectives for Check Point Software Technologies' stock. Their predictions range from $95.00 to $140.00. On average, they anticipate Check Point Software Technologies' share price to reach $115.9412 in the next twelve months. This suggests that the stock has a possible downside of 7.6%. View Analyst Price Targets for Check Point Software Technologies.

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

20 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Check Point Software Technologies in the last year. There are currently 15 hold ratings and 5 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. 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)
  • 2. According to Zacks Investment Research, "Check Point is benefitting from 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. Estimates have been stable lately ahead of the company’s Q3 earnings release. The company has positive record of earnings surprises in recent quarters. 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 underperformed the industry year-to-date." (10/1/2018)

Has Check Point Software Technologies been receiving favorable news coverage?

Media coverage about CHKP stock has trended neutral on Sunday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded 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 0.2 on InfoTrie's scale. They also gave news coverage about the technology company a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an effect on the stock's share price in the near term.

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), Cisco Systems (CSCO), Alibaba Group (BABA), Micron Technology (MU), Broadcom (AVGO), Gilead Sciences (GILD), Netflix (NFLX), QUALCOMM (QCOM), Intel (INTC) and Palo Alto Networks (PANW).

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 many different of retail and institutional investors. Top institutional shareholders include Massachusetts Financial Services Co. MA (7.51%), BlackRock Inc. (3.19%), Alecta Pensionsforsakring Omsesidigt (3.05%), Oregon Public Employees Retirement Fund (2.44%), APG Asset Management N.V. (1.57%) and Flossbach Von Storch AG (1.55%).

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, Altshuler Shaham Ltd, Massachusetts Financial Services Co. MA, Acadian Asset Management LLC, Prudential Financial Inc., Nordea Investment Management AB, Two Sigma Advisers LP and Canada Pension Plan Investment Board.

Which institutional investors are buying Check Point Software Technologies stock?

CHKP stock was bought by a variety of institutional investors in the last quarter, including Oregon Public Employees Retirement Fund, Pendal Group Ltd, Norges Bank, Fundsmith LLP, Millennium Management LLC, Ruffer LLP, Alecta Pensionsforsakring Omsesidigt and Westpac Banking Corp.

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 $125.43.

How big of a company is Check Point Software Technologies?

Check Point Software Technologies has a market capitalization of $20.50 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 2,064 workers across the globe.

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 ISRAEL 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:  710 (Vote Outperform)
Underperform Votes:  617 (Vote Underperform)
Total Votes:  1,327
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 3/24/2019 by MarketBeat.com Staff

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