NASDAQ:CHKP

Check Point Software Technologies Stock Forecast, Price & News

$123.83

+2.05 (+1.68%)

(As of 07/1/2022 12:00 AM ET)

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Today's Range: $121.36
▼
$124.10
50-Day Range: $117.60
▼
$138.86
52-Week Range: $107.85
▼
$149.62

Volume: 640,399 shs
Average Volume: 1.29 million shs
Market Capitalization: $15.98 billion

P/E Ratio: 20.43
Dividend Yield: N/A
Price Target: $139.25

Check Point Software Technologies Stock Forecast (MarketRank)

Analyst Rating: Hold
2.06 Rating Score
Upside/Downside: 12.5% Upside
$139.25 Price Target
Short Interest: Healthy
1.76% of Float Sold Short
Dividend Strength: N/A
Sustainability: -0.84
Upright™ Environmental Score
News Sentiment: 0.75
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 9.59%
From $6.15 to $6.74 Per Share

Overall MarketRank^™

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

2.55 out of 5 stars

Computer And Technology Sector

154th out of 937 stocks

Prepackaged Software Industry

33rd out of 302 stocks

3.0 Analyst's Opinion

Consensus Rating
Check Point Software Technologies has received a consensus rating of Hold. The company's average rating score is 2.06, and is based on 7 buy ratings, 4 hold ratings, and 6 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $139.25, Check Point Software Technologies has a forecasted upside of 12.5% from its current price of $123.83.
Amount of Analyst Coverage
Check Point Software Technologies has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

5.0 Short Interest

Percentage of Shares Shorted
1.76% 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 1.9, 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 20.86%, indicating that investor sentiment is improving significantly.

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.

2.8 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.

2.6 News and Social Media Coverage

News Sentiment
Check Point Software Technologies has a news sentiment score of 0.75. 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 0.57 average news sentiment score of Computer and Technology companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for Check Point Software Technologies this week, compared to 2 articles on an average week.
Search Interest
Only 4 people have searched for CHKP on MarketBeat in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
MarketBeat Follows
Only 3 people have added Check Point Software Technologies to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% 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
91.96% 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 9.59% in the coming year, from $6.15 to $6.74 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Check Point Software Technologies is 20.43, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 47.15.
Price to Earnings Ratio vs. Sector
The P/E ratio of Check Point Software Technologies is 20.43, 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 107.63.
Price to Earnings Growth Ratio
Check Point Software Technologies has a PEG Ratio of 2.75. 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 4.91. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Check Point Software Technologies (NASDAQ:CHKP)

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.

June 27, 2022 | marketbeat.com

These 3 Nasdaq-100 Leaders Have More Upside (CHKP)

Through June 24th, all but 16 of the popular benchmark’s names were in the red for 2022. At the other end of the spectrum is an unlikely collection of stocks that have boldly bucked the market trend. The upside in these three Nasdaq-100 stocks has only begun.

July 2, 2022 | americanbankingnews.com

Check Point Software Technologies Ltd. (NASDAQ:CHKP) Receives $139.25 Consensus PT from Brokerages

July 1, 2022 | tmcnet.com

Check Point Software to Announce Second Quarter 2022

July 1, 2022 | finance.yahoo.com

Check Point Software to Announce Second Quarter 2022 Financial Results on August 1, 2022

June 28, 2022 | uk.finance.yahoo.com

Factors that might predict the Check Point Software Technologies share price direction

June 27, 2022 | nasdaq.com

Check Point Software Technologies (CHKP) Shares Cross Above 200 DMA

June 22, 2022 | finance.yahoo.com

Check Point Software Technologies Ltd. (NASDAQ:CHKP) Shares Could Be 31% Below Their Intrinsic Value Estimate

June 21, 2022 | morningstar.com

Check Point Software Technologies Ltd - Stock Chart

June 19, 2022 | morningstar.com

Check Point Software Technologies Ltd - Stock Dividends CHKP

June 9, 2022 | finance.yahoo.com

May 2022’s Most Wanted Malware: Snake Keylogger Returns to the Top Ten after a long absence

June 3, 2022 | finance.yahoo.com

Why Is Fortinet (FTNT) Up 6.6% Since Last Earnings Report?

May 27, 2022 | finance.yahoo.com

Why Is Check Point (CHKP) Down 3.6% Since Last Earnings Report?

May 24, 2022 | finance.yahoo.com

Check Point Software Technologies Stock Shows Rising Relative Strength

See More Headlines

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

Company Calendar

Last Earnings: 4/27/2022
Today: 7/02/2022
Next Earnings (Estimated): 7/25/2022
Fiscal Year End: 12/31/2022

Price Target and Rating

Average Stock Price Forecast: $139.25
High Stock Price Forecast: $164.00
Low Stock Price Forecast: $115.00
Forecasted Upside/Downside: +12.5%
Consensus Rating: Hold
Rating Score (0-4): 2.05882352941176
Research Coverage: 17 Analysts

Profitability

EPS (Most Recent Fiscal Year): $6.059990
Trailing P/E Ratio: 20.43
Forward P/E Ratio: 20.13
P/E Growth: 2.75
Net Income: $815.60 million
Net Margins: 36.43%
Pretax Margin: 42.21%
Return on Equity: 25.35%
Return on Assets: 14.32%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.29
Quick Ratio: 1.29

Sales & Book Value

Annual Sales: $2.17 billion
Price / Sales: 7.38
Cash Flow: $6.85 per share
Price / Cash Flow: 18.07
Book Value: $25.24 per share
Price / Book: 4.91

Miscellaneous

Outstanding Shares: 129,066,000
Free Float: 91,637,000
Market Cap: $15.98 billion
Optionable: Optionable
Beta: 0.64

Social Links

Check Point Software Technologies Frequently Asked Questions

Should I buy or sell Check Point Software Technologies stock right now?: 17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Check Point Software Technologies in the last year. There are currently 6 sell ratings, 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Check Point Software Technologies stock. 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 analyst ratings for Check Point Software Technologies or view top-rated stocks.
What is Check Point Software Technologies' stock price forecast for 2022?: 17 Wall Street research analysts have issued twelve-month target prices for Check Point Software Technologies' stock. Their CHKP stock forecasts range from $115.00 to $164.00. On average, they anticipate Check Point Software Technologies' stock price to reach $139.25 in the next year. This suggests a possible upside of 12.5% from the stock's current price.
View analysts' price targets for Check Point Software Technologies or view top-rated stocks among Wall Street analysts.
How has Check Point Software Technologies' stock price 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 6.2% and is now trading at $123.83.
View the best growth stocks for 2022 here.
When is Check Point Software Technologies' next earnings date?: Check Point Software Technologies is scheduled to release its next quarterly earnings announcement on Monday, July 25th 2022.
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) announced its quarterly earnings data on Wednesday, April, 27th. The technology company reported $1.34 earnings per share for the quarter, missing analysts' consensus estimates of $1.35 by $0.01. The technology company earned $542.70 million during the quarter, compared to analysts' expectations of $535.57 million. Check Point Software Technologies had a trailing twelve-month return on equity of 25.35% and a net margin of 36.43%. Check Point Software Technologies's revenue was up 6.9% on a year-over-year basis. During the same quarter last year, the business posted $1.39 EPS.
View Check Point Software Technologies' earnings history.
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 53, Pay $35.5k)
Ms. Tal Payne, Chief Financial & Operations Officer (Age 50, Pay $1.11M)
Dr. Dorit Dor, Chief Product Officer
Mr. Dan Yerushalmi, Chief Customer Officer (Age 58, Pay $937.5k)
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
What is Gil Shwed's approval rating as Check Point Software Technologies' CEO?: 459 employees have rated Check Point Software Technologies CEO Gil Shwed on Glassdoor.com. Gil Shwed has an approval rating of 81% among Check Point Software Technologies' employees.
Who are some of Check Point Software Technologies' key competitors?: Some companies that are related to Check Point Software Technologies include Activision Blizzard (ATVI), NetEase (NTES), Dassault Systèmes (DASTY), VMware (VMW), Synopsys (SNPS), Snowflake (SNOW), CrowdStrike (CRWD), Cadence Design Systems (CDNS), Shopify (SHOP), Autodesk (ADSK), Square (SQ), Electronic Arts (EA), Datadog (DDOG), Veeva Systems (VEEV) and Atlassian (TEAM).
View all of CHKP's 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), 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."
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 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 $123.83.
How much money does Check Point Software Technologies make?: Check Point Software Technologies (NASDAQ:CHKP) has a market capitalization of $15.98 billion and generates $2.17 billion in revenue each year. The technology company earns $815.60 million in net income (profit) each year or $6.059990 on an earnings per share basis.
How many employees does Check Point Software Technologies have?: Check Point Software Technologies 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
When was Check Point Software Technologies founded?: Check Point Software Technologies was founded in 1993.
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 Check Point Software Technologies is www.checkpoint.com. The technology company can be reached via phone at (723) 753-4555, via email at [email protected], or via fax at 972-3575-9256.

This page (NASDAQ:CHKP) was last updated on 7/2/2022 by MarketBeat.com Staff

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Check Point Software Technologies Stock Forecast, Price & News

Check Point Software Technologies Stock Forecast (MarketRank)

Overall MarketRank™

3.0 Analyst's Opinion

5.0 Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

0.0 Dividend Strength

2.8 Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

2.6 News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

3.3 Company Ownership

2.5 Earnings and Valuation

Receive CHKP Stock News and Ratings via Email

About Check Point Software Technologies (NASDAQ:CHKP)

CHKP Stock News Headlines

Industry, Sector and Symbol

Company Calendar

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Check Point Software Technologies Frequently Asked Questions

Should I buy or sell Check Point Software Technologies stock right now?

What is Check Point Software Technologies' stock price forecast for 2022?

How has Check Point Software Technologies' stock price performed in 2022?

When is Check Point Software Technologies' next earnings date?

How were Check Point Software Technologies' earnings last quarter?

Who are Check Point Software Technologies' key executives?

What is Gil Shwed's approval rating as Check Point Software Technologies' CEO?

Who are some of Check Point Software Technologies' key competitors?

What other stocks do shareholders of Check Point Software Technologies own?

What is Check Point Software Technologies' stock symbol?

How do I buy shares of Check Point Software Technologies?

What is Check Point Software Technologies' stock price today?

How much money does Check Point Software Technologies make?

How many employees does Check Point Software Technologies have?

Does Check Point Software Technologies have any subsidiaries?

When was Check Point Software Technologies founded?

How can I contact Check Point Software Technologies?

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