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NASDAQ:CHKPCheck Point Software Technologies Stock Price, Forecast & News

$98.31
-0.43 (-0.44 %)
(As of 04/3/2020 04:00 PM ET)
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Today's Range
$96.21
Now: $98.31
$99.60
50-Day Range
$82.05
MA: $101.82
$119.28
52-Week Range
$80.06
Now: $98.31
$132.76
Volume805,731 shs
Average Volume1.52 million shs
Market Capitalization$14.97 billion
P/E Ratio18.04
Dividend YieldN/A
Beta0.67
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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Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.59 out of 5 stars


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$1.99 billion
Cash Flow$5.67 per share
Book Value$23.44 per share

Profitability

Net Income$825.70 million

Miscellaneous

Employees5,070
Market Cap$14.97 billion
Next Earnings Date4/16/2020 (Estimated)
OptionableOptionable

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Check Point Software Technologies (NASDAQ:CHKP) Frequently Asked Questions

How has Check Point Software Technologies' stock been impacted by COVID-19 (Coronavirus)?

Check Point Software Technologies' stock was trading at $90.75 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CHKP shares have increased by 8.3% and is now trading at $98.31. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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 4 sell ratings, 11 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Check Point Software Technologies.

When is Check Point Software Technologies' next earnings date?

Check Point Software Technologies is scheduled to release its next quarterly earnings announcement on Thursday, April 16th 2020. View our earnings forecast for Check Point Software Technologies.

How were Check Point Software Technologies' earnings last quarter?

Check Point Software Technologies Ltd. (NASDAQ:CHKP) posted its earnings results on Monday, February, 3rd. The technology company reported $2.02 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.99 by $0.03. The technology company had revenue of $544 million for 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%. Check Point Software Technologies's quarterly revenue was up 3.4% on a year-over-year basis. During the same period last year, the company earned $1.68 earnings per share. View Check Point Software Technologies' earnings history.

What guidance has Check Point Software Technologies issued on next quarter's earnings?

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 earnings per share estimate of $1.60. The company issued revenue guidance of $475-495 million, compared to the consensus revenue estimate of $490.43 million.

What price target have analysts set for CHKP?

19 equities research analysts have issued 1 year price targets for Check Point Software Technologies' shares. Their forecasts range from $88.00 to $145.00. On average, they expect Check Point Software Technologies' share price to reach $114.35 in the next year. This suggests a possible upside of 16.3% from the stock's current price. View analysts' price targets 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)

Has Check Point Software Technologies been receiving favorable news coverage?

News stories about CHKP stock have been trending very negative recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Check Point Software Technologies earned a daily sentiment score of -3.3 on InfoTrie's scale. They also gave news headlines about the technology company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View the latest news aboutCheck Point Software Technologies.

Are investors shorting Check Point Software Technologies?

Check Point Software Technologies saw a decrease in short interest in March. As of March 13th, there was short interest totaling 10,738,200 shares, a decrease of 14.0% from the February 27th total of 12,480,000 shares. Based on an average trading volume of 2,170,600 shares, the short-interest ratio is currently 4.9 days. Approximately 9.3% of the company's 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), Broadcom (AVGO), Cisco Systems (CSCO), Netflix (NFLX), Micron Technology (MU), Adobe (ADBE), Bank of America (BAC), Starbucks (SBUX) and Costco Wholesale (COST).

Who are Check Point Software Technologies' key executives?

Check Point Software Technologies' management team includes the following 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

What is Check Point Software Technologies' stock symbol?

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

Who are Check Point Software Technologies' major shareholders?

Check Point Software Technologies' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Fulton Bank N.A. (0.00%).

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 Fulton Bank N.A..

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 $98.31.

How big of a company is Check Point Software Technologies?

Check Point Software Technologies has a market capitalization of $14.97 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.

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]

This page was last updated on 4/4/2020 by MarketBeat.com Staff

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