NASDAQ:CHKP

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

$118.19

+2.27 (+1.96%)

(As of 10/4/2022 12:00 AM ET)

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Today's Range: $116.51
▼
$118.80
50-Day Range: $111.12
▼
$126.18
52-Week Range: $107.85
▼
$149.62

Volume: 1.35 million shs
Average Volume: 1.13 million shs
Market Capitalization: $14.82 billion

P/E Ratio: 19.57
Dividend Yield: N/A
Price Target: $139.06

Check Point Software Technologies MarketRank™ Forecast

Analyst Rating: Hold
2.13 Rating Score
Upside/Downside: 17.7% Upside
$139.06 Price Target
Short Interest: Healthy
1.98% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.84
Upright™ Environmental Score
News Sentiment: 1.26
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 9.71%
From $6.28 to $6.89 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.56 out of 5 stars

Computer And Technology Sector

181st out of 648 stocks

Prepackaged Software Industry

46th out of 226 stocks

2.1

Analyst's Opinion

Consensus Rating
Check Point Software Technologies has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 7 buy ratings, 4 hold ratings, and 5 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $139.06, Check Point Software Technologies has a forecasted upside of 17.7% from its current price of $118.19.
Amount of Analyst Coverage
Check Point Software Technologies has only been the subject of 3 research reports in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
1.98% of the float of Check Point Software Technologies has been sold short.
Short Interest Ratio / Days to Cover
Check Point Software Technologies has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Check Point Software Technologies has recently decreased by 2.93%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Check Point Software Technologies does not currently pay a dividend.
Dividend Growth
Check Point Software Technologies does not have a long track record of dividend growth.

3.6

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Check Point Software Technologies has received a 44.05% net impact score from Upright. Check Point seems to create the most significant positive value in categories "Taxes", "Knowledge infrastructure", and "Societal stability & understanding among people". The positive contribution in the "Knowledge infrastructure" impact category is mostly driven by its "Cybersecurity management systems", "VPN software", and "Firewall software" products. See details.
Environmental Sustainability
The Environmental Impact score for Check Point Software Technologies is -0.84.

3.5

News and Social Media Coverage

News Sentiment
Check Point Software Technologies has a news sentiment score of 1.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.54 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Check Point Software Technologies this week, compared to 3 articles on an average week.
Search Interest
6 people have searched for CHKP on MarketBeat in the last 30 days. This is an increase of 20% compared to the previous 30 days.
MarketBeat Follows
13 people have added Check Point Software Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 225% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Check Point Software Technologies insiders have not sold or bought any company stock.
Percentage Held by Insiders
29.00% of the stock of Check Point Software Technologies is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
67.03% of the stock of Check Point Software Technologies is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Check Point Software Technologies are expected to grow by 9.71% in the coming year, from $6.28 to $6.89 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Check Point Software Technologies is 19.57, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.02.
Price to Earnings Ratio vs. Sector
The P/E ratio of Check Point Software Technologies is 19.57, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 381.45.
Price to Earnings Growth Ratio
Check Point Software Technologies has a PEG Ratio of 2.43. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Check Point Software Technologies has a P/B Ratio of 4.68. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Check Point Software Technologies (NASDAQ:CHKP) Stock

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 security, endpoint security, data security, and management solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against 5th and 6th generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile. The company also offers security gateways and software platforms that support small and medium sized business (SMB) to large enterprise data center and telco-grade environments; and threat prevention technologies and zero-day protections. In addition, the company provides cloud network security, security and posture management, cloud workload protection, and cloud web application protection for web applications and APIs; and Check Point Harmony that delivers endpoint and secure connectivity for remote user access. Further, 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 on Check Point products. It sells its products through multiple distribution channels, including distributors, resellers, system integrators, original equipment manufacturers, and managed security service providers. Check Point Software Technologies Ltd. was incorporated in 1993 and is headquartered in Tel Aviv, Israel.

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CHKP Stock News Headlines

September 9, 2022 | marketbeat.com

Prepare For A Record-Setting Quarter For Cyber Security Stocks (CHKP)

Shares of Zscaler are on the rise and in reversal following a deep correction that grossly underestimated the company and sector strength.

October 3, 2022 | finance.yahoo.com

Check Point Software to Announce Third Quarter 2022 Financial Results on October 27, 2022

September 30, 2022 | finance.yahoo.com

Check Point Software Technologies Stock Trying To Close In On Key Technical Measure

September 22, 2022 | seekingalpha.com

CHKP Check Point Software Technologies Ltd.

September 16, 2022 | benzinga.com

August's Top Malware: Emotet Knocked off Top Spot by FormBook while GuLoader and Joker Disrupt the Index

September 14, 2022 | finance.yahoo.com

August’s Top Malware: Emotet Knocked off Top Spot by FormBook while GuLoader and Joker Disrupt the Index

September 13, 2022 | nz.finance.yahoo.com

Check Point Software Technologies (NASDAQ:CHKP) stock performs better than its underlying earnings growth over last three years

September 12, 2022 | americanbankingnews.com

Check Point Software Technologies Ltd. (NASDAQ:CHKP) Receives Average Rating of "Hold" from Analysts

September 7, 2022 | finance.yahoo.com

Clarks Consolidates End-to-End Cybersecurity Estate with Check Point Software Technologies

September 2, 2022 | finance.yahoo.com

Why Is Fortinet (FTNT) Down 7.7% Since Last Earnings Report?

September 1, 2022 | finance.yahoo.com

Why Is Mandiant (MNDT) Up 0.2% Since Last Earnings Report?

August 31, 2022 | finance.yahoo.com

Check Point (CHKP) Up 3.2% Since Last Earnings Report: Can It Continue?

August 30, 2022 | finance.yahoo.com

Check Point Software Technologies Ltd. Shareholders Approve All 2022 Annual General Meeting Proposals

August 30, 2022 | finance.yahoo.com

Intel Chooses Check Point Software Technologies to Enable Security for New Intel Pathfinder for RISC-V Platform

August 25, 2022 | nasdaq.com

Returns On Capital At Check Point Software Technologies (NASDAQ:CHKP) Have Hit The Brakes

August 19, 2022 | fool.com

Check Point Software Technologies (NASDAQ: CHKP)

August 18, 2022 | stocknews.com

1 Tech Stock to Get Bullish on Right Now

August 10, 2022 | finance.yahoo.com

July 2022’s Most Wanted Malware: Emotet Takes Summer Vacation but Definitely Not ‘Out-of-Office’

August 9, 2022 | stocknews.com

Wall Street Sees Upside in This Cybersecurity Stock — Is It a Buy Now?

August 2, 2022 | finance.yahoo.com

Check Point Saw Subdued Billings Growth In 2Q; Analysts Remain Cautious As They Expect Tougher 2H

August 2, 2022 | finance.yahoo.com

Check Point (CHKP) Q2 Earnings & Revenues Top Estimates, Up Y/Y

August 1, 2022 | finance.yahoo.com

Check Point Software (CHKP) Q2 Earnings and Revenues Beat Estimates

August 1, 2022 | finance.yahoo.com

UPDATE 2-Check Point Q2 profit gains on 'healthy' cyber security demand

August 1, 2022 | finance.yahoo.com

Check Point Software Tops Q2 Aided By Growing Cyber-Attacks

August 1, 2022 | nasdaq.com

Check Point Software Technologies Ltd Q2 Profit Decreases, but beats estimates

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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CHKP Company Calendar

Last Earnings: 8/01/2022
Today: 10/05/2022
Next Earnings (Confirmed): 10/27/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Prepackaged software
Sub-Industry: N/A
Sector: Computer and Technology
Current Symbol: NASDAQ:CHKP
CUSIP: N/A
CIK: 1015922
Web: www.checkpoint.com
Phone: (723) 753-4555
Fax: 972-3575-9256
Employees: 5,805
Year Founded: 1993

Price Target and Rating

Average Stock Price Forecast: $139.06
High Stock Price Forecast: $164.00
Low Stock Price Forecast: $115.00
Forecasted Upside/Downside: +17.7%
Consensus Rating: Hold
Rating Score (0-4): 2.13
Research Coverage: 16 Analysts

Profitability

EPS (Most Recent Fiscal Year): $6.04
Trailing P/E Ratio: 19.57
Forward P/E Ratio: 18.82
P/E Growth: 2.43
Net Income: $815.60 million
Net Margins: 35.15%
Pretax Margin: 40.74%
Return on Equity: 25.49%
Return on Assets: 14.16%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.24
Quick Ratio: 1.24

Sales & Book Value

Annual Sales: $2.17 billion
Price / Sales: 6.84
Cash Flow: $7.25 per share
Price / Cash Flow: 16.31
Book Value: $25.24 per share
Price / Book: 4.68

Miscellaneous

Outstanding Shares: 125,411,000
Free Float: 89,042,000
Market Cap: $14.82 billion
Optionable: Optionable
Beta: 0.61

Social Links

Key Executives

Mr. Gil Shwed (Age 53)
Founder, CEO & Director
Comp: $35.5k

Ms. Tal Payne (Age 50)
Chief Financial & Operations Officer
Comp: $1.11M

Dr. Dorit Dor
Chief Product Officer

Ms. Sharon Schusheim
VP of Information Systems

Mr. Kip E. Meintzer
Head of Global Investor Relations

Mr. Peter Alexander
Chief Marketing Officer

Mr. Yiftah Yoffe
Chief Human Resource Officer

Mr. Chris Scanlan
Pres of Americas Sales

Mr. Erez Yarkoni
Head of Telecom & Cloud Sales

Mr. Sundar N. Balasubramanian
Managing Director of India & SAARC Region

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CHKP Stock - Frequently Asked Questions

Should I buy or sell Check Point Software Technologies stock right now?: 16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Check Point Software Technologies in the last twelve months. There are currently 5 sell ratings, 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" CHKP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CHKP, but not buy additional shares or sell existing shares.
View CHKP analyst ratings or view top-rated stocks.
What is Check Point Software Technologies' stock price forecast for 2022?: 16 Wall Street research analysts have issued 12 month target prices for Check Point Software Technologies' stock. Their CHKP share price forecasts range from $115.00 to $164.00. On average, they predict the company's share price to reach $139.06 in the next year. This suggests a possible upside of 17.7% from the stock's current price.
View analysts price targets for CHKP or view top-rated stocks among Wall Street analysts.
How have CHKP shares performed in 2022?: Check Point Software Technologies' stock was trading at $116.56 at the beginning of 2022. Since then, CHKP shares have increased by 1.4% and is now trading at $118.19.
View the best growth stocks for 2022 here.
When is Check Point Software Technologies' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, October 27th 2022.
View our CHKP earnings forecast.
How were Check Point Software Technologies' earnings last quarter?: Check Point Software Technologies Ltd. (NASDAQ:CHKP) posted its quarterly earnings data on Monday, August, 1st. The technology company reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.35 by $0.05. The technology company earned $571.10 million during the quarter, compared to analyst estimates of $560.40 million. Check Point Software Technologies had a net margin of 35.15% and a trailing twelve-month return on equity of 25.49%. The firm's revenue for the quarter was up 8.6% on a year-over-year basis. During the same period last year, the firm posted $1.41 earnings per share.
What guidance has Check Point Software Technologies issued on next quarter's earnings?: Check Point Software Technologies issued an update on its third quarter 2022 earnings guidance on Tuesday, August, 9th. The company provided earnings per share (EPS) guidance of $1.60-$1.72 for the period, compared to the consensus estimate of $1.69. The company issued revenue guidance of $555.00 million-$585.00 million, compared to the consensus revenue estimate of $571.27 million.
What is Gil Shwed's approval rating as Check Point Software Technologies' CEO?: 874 employees have rated Check Point Software Technologies Chief Executive Officer Gil Shwed on Glassdoor.com. Gil Shwed has an approval rating of 81% among the company's employees. 79.0% of employees surveyed would recommend working at Check Point Software Technologies to a friend.

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), Broadcom (AVGO), Alibaba Group (BABA), Micron Technology (MU), Netflix (NFLX), Intel (INTC), QUALCOMM (QCOM), Adobe (ADBE) and PayPal (PYPL).
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 variety of retail and institutional investors. Top institutional investors include Fulton Bank N.A. (0.00%).
How do I buy shares of Check Point Software Technologies?: Shares of CHKP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Check Point Software Technologies' stock price today?: One share of CHKP stock can currently be purchased for approximately $118.19.
How much money does Check Point Software Technologies make?: Check Point Software Technologies (NASDAQ:CHKP) has a market capitalization of $14.82 billion and generates $2.17 billion in revenue each year. The technology company earns $815.60 million in net income (profit) each year or $6.04 on an earnings per share basis.
How many employees does Check Point Software Technologies have?: The company employs 5,805 workers across the globe.
Does Check Point Software Technologies have any subsidiaries?: The following companies are subsidiares of Check Point Software Technologies: Avanan Inc., CPST (Portugal) Sociedade Unipessoal Lda., Check Point Advanced Threat Prevention Ltd., Check Point Developer Security Tools Ltd., Check Point Email Security Ltd., Check Point Holding (Singapore) PTE Ltd., Check Point Holding AB, Check Point IOT Security Ltd., Check Point Mobile Security Ltd., Check Point Public Cloud Security Ltd., Check Point Secure Remote Access Ltd., Check Point Serverless Security Ltd., Check Point Software (Canada) Technologies Inc., Check Point Software (Kenya) Ltd., Check Point Software Technologies (Australia) PTY Ltd., Check Point Software Technologies (Austria) GmbH, Check Point Software Technologies (Beijing) Co. Ltd., Check Point Software Technologies (Belarus) LLC, Check Point Software Technologies (Belgium) S.A., Check Point Software Technologies (Brazil) LTDA, Check Point Software Technologies (Czech Republic) s.r.o., Check Point Software Technologies (Denmark) ApS, Check Point Software Technologies (Finland) Oy, Check Point Software Technologies (Greece) SA, Check Point Software Technologies (Hong Kong) Ltd., Check Point Software Technologies (Hungary) Ltd., Check Point Software Technologies (India) Private Limited, Check Point Software Technologies (Italia) Srl, Check Point Software Technologies (Japan) Ltd., Check Point Software Technologies (Korea) Ltd., Check Point Software Technologies (Netherlands) B.V., Check Point Software Technologies (New Zealand) Limited, Check Point Software Technologies (Philippines) Inc., Check Point Software Technologies (Poland) Sp.z.o.o., Check Point Software Technologies (RMN) SRL., Check Point Software Technologies (Russia) OOO, Check Point Software Technologies (Spain) S.A., Check Point Software Technologies (Sweden) AB., Check Point Software Technologies (Switzerland) A.G., Check Point Software Technologies (Taiwan) Ltd., Check Point Software Technologies (UK) Ltd., Check Point Software Technologies B.V Nigeria Ltd., Check Point Software Technologies GmbH, Check Point Software Technologies Inc., Check Point Software Technologies Mexico S.A. de C.V., Check Point Software Technologies Norway A.S., Check Point Software Technologies S.A., Check Point Software Technologies SARL, Check Point Software Technologies South Africa PTY. Ltd, Check Point Web Applications and API Protection Ltd., Check Point Yazilim Teknolojileri Pazarlama A.S., Cymplify, Dome9 Security, FaceTime Communications, ForceNock, Hyperwise, Israel Check Point Software Technologies Ltd. China, Lacoon Mobile Security, Liquid Machines, NFR Security, Nokia Security Appliances, Odo Security, PointSec, Protego Labs, Protego Labs Inc., SofaWare, Sourcefire, Spectral Cyber Technologies. Inc., Zone Labs, Zone Labs L.L.C., and easy2comply (Dynasec).
Read More
How can I contact Check Point Software Technologies?: Check Point Software Technologies' mailing address is 5 SHLOMO KAPLAN STREET, TEL AVIV L3, 6789159. The official website for the company is www.checkpoint.com. The technology company can be reached via phone at (723) 753-4555, via email at kip@checkpoint.com, or via fax at 972-3575-9256.

This page (NASDAQ:CHKP) was last updated on 10/5/2022 by MarketBeat.com Staff

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

Check Point Software Technologies MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Check Point Software Technologies (NASDAQ:CHKP) Stock

CHKP Stock News Headlines

CHKP Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

CHKP Stock - Frequently Asked Questions

MarketBeat Resources

Premium Research Tools

Market Data and Calendars

Investing Education and Resources

Overall MarketRank^™