Check Point Software Technologies Company Profile (NASDAQ:CHKP)

About Check Point Software Technologies (NASDAQ:CHKP)

Check Point Software Technologies logoCheck Point Software Technologies Ltd. (Check point) develops, markets and supports a range of products and services for information technology (IT) security. The Company's products and services are sold to enterprises, service providers, small and medium sized businesses and consumers. It offers enterprises a platform to deploy independent, modular and interoperable security applications (Software Blades), such as firewall, virtual private network (VPN), intrusion prevention system (IPS), Application Control, Anti-Bot, antivirus, data loss prevention (DLP), policy management, event analysis or multi-domain management. The Company offers Software Blades grouped into functional packages to address specific security issues. It has product offerings under these packages, which include Next Generation Firewall, Next Generation Threat Prevention, Next Generation Secure Web Gateway and Next Generation Data Protection.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Application Software
  • Sub-Industry: N/A
  • Symbol: NASDAQ:CHKP
  • CUSIP: N/A
  • Web: www.checkpoint.com
Capitalization:
  • Market Cap: $19.19 billion
  • Outstanding Shares: 163,328,000
Average Prices:
  • 50 Day Moving Avg: $114.44
  • 200 Day Moving Avg: $110.10
  • 52 Week Range: $76.87 - $119.20
P/E:
  • Trailing P/E Ratio: 26.07
  • Foreward P/E Ratio: 20.69
  • P/E Growth: 2.66
Sales & Book Value:
  • Annual Revenue: $1.81 billion
  • Price / Sales: 10.60
  • Book Value: $21.85 per share
  • Price / Book: 5.38
Profitability:
  • EBITDA: $893.47 million
  • Net Margins: 42.17%
  • Return on Equity: 22.02%
  • Return on Assets: 14.91%
Debt:
  • Current Ratio: 1.79%
  • Quick Ratio: 1.79%
Misc:
  • Average Volume: 789,329 shs.
  • Beta: 0.72
  • Short Ratio: 4.8
 

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

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) announced its quarterly earnings data on Tuesday, July, 26th. The company reported $1.09 EPS for the quarter, topping the Zacks' consensus estimate of $1.07 by $0.02. The business had revenue of $423 million for the quarter, compared to analyst estimates of $422.19 million. Check Point Software Technologies had a net margin of 42.17% and a return on equity of 22.02%. The firm's revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.99 earnings per share. View Check Point Software Technologies' Earnings History.

When will Check Point Software Technologies make its next earnings announcement?

Check Point Software Technologies is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for Check Point Software Technologies.

Where is Check Point Software Technologies' stock going? Where will Check Point Software Technologies' stock price be in 2017?

29 equities research analysts have issued 1 year price objectives for Check Point Software Technologies' shares. Their forecasts range from $85.00 to $132.00. On average, they expect Check Point Software Technologies' share price to reach $112.09 in the next twelve months. View Analyst Ratings for Check Point Software Technologies.

What are 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 has evolved into a well-known provider of information technology (IT) security solutions across the world. We believe that the rapid adoption of Check Point’s data center appliances and continuous enhancements in data center product lines will provide ample support to its top line. The company’s focus on enhancing mobile capabilities will aid it to tap greater larger opportunities. Furthermore, Check Point’s strategy of growing through acquisitions is praiseworthy. Notably, the stock has outperformed the broader market over the last one year. Nonetheless, changing customer spending behavior remains a near-term concern. Intensifying competition and an uncertain macroeconomic environment add to its woes." (7/4/2017)
  • 2. Robert W. Baird analysts commented, "We view the recent product updates as a positive and would look for increased traction to get more constructive on the shares. FQ1 results. Revenue of $435 million was up 8% YoY and slightly above consensus of $432 million. Non-GAAP EPS of $1.20 was also modestly above consensus of $1.18. Non-GAAP operating profit of 53.5% was down 120bps QoQ and 180 bps YoY due to increases in R&D and, more so, S&M. FQ2 guidance. Management expects FQ2 revenue/non-GAAP EPS in the range of $440-$465 million/$1.17-$1.25; roughly in line with consensus of $454 million/$1.23." (4/27/2017)
  • 3. Stifel Nicolaus analysts commented, "Prior to the market open on Thursday, January 19, Check Point Software Technologies released 4Q16 results that came in meaningfully ahead of Street expectations across all major financial metrics. Strong demand for Check Point's new family of appliances (which now makes up >85% of appliance revenue) persisted through Q4, driving a sequential acceleration in software blades revenue growth and a sequential re-acceleration in appliance revenue growth, a metric that both we and the Street expected to decelerate during the period. However, it remains unclear the degree to which new customer acquisitions have contributed to this growth (the company has not provided any specific data regarding this), leading us to conservatively conclude that this growth in newer appliances is being sourced primarily from existing customers transitioning away from legacy deployments. Additionally, management noted that while its utilization of discounting on maintenance contracts slowed to a degree during the period, it did continue through year-end, a trend that we believe could limit growth in maintenance revenues through 1H17, at a minimum. We reiterate our Hold rating but are raising our target price to $94 on common shares of Check Point." (1/20/2017)
  • 4. Instinet analysts commented, "Check Point announced 4Q'16 results, with billings growth of 12% yoy, above our estimate and above the 7% growth in the September quarter on a tougher yoy compare. We continue to have longer-term concerns about competitive pressures in the network security market, but we believe Check Point will be able to continue to report yoy billings growth in the mid- to high-single-digit range given its large and sticky installed base as well as its ability to be a fast follower of new security trends. We maintain our Buy rating on an attractive uFCF yield of near 9% on CY'18E numbers. FY17E EPS from $5.01 to $5.25; FY18E EPS from $5.55 to $5.85." (1/20/2017)

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

Who are Check Point Software Technologies' key executives?

Check Point Software Technologies' management team includes the folowing people:

  • Amnon Bar-Lev, President
  • Gil Shwed, Chief Executive Officer, Director
  • Jerry T. Ungerman, Vice Chairman of the Board
  • Tal Payne CPA, Chief Financial Officer, Chief Operating Officer
  • Dorit Dor, Vice President - Products
  • Marius Nacht, Non-Executive Chairman of the Board
  • Dan Propper, Independent Director
  • David Rubner, Independent Director
  • Tal Shavit, Independent Director
  • Yoav Z. Chelouche, Independent Outside Director

Who owns Check Point Software Technologies stock?

Check Point Software Technologies' stock is owned by a variety of of institutional and retail investors. Top institutional investors include APG Asset Management N.V. (1.56%), Nationwide Fund Advisors (0.09%), BB&T Corp (0.07%), Penn Davis Mcfarland Inc. (0.07%), Mcrae Capital Management Inc. (0.05%) and Fisher Asset Management LLC (0.03%). View Institutional Ownership Trends for Check Point Software Technologies.

Who sold Check Point Software Technologies stock? Who is selling Check Point Software Technologies stock?

Check Point Software Technologies' stock was sold by a variety of institutional investors in the last quarter, including Nationwide Fund Advisors, Arrow Financial Corp, Winslow Evans & Crocker Inc., Penn Davis Mcfarland Inc., P.A.W. Capital Corp, Mcrae Capital Management Inc., BB&T Corp and Schmidt P J Investment Management Inc.. View Insider Buying and Selling for Check Point Software Technologies.

Who bought Check Point Software Technologies stock? Who is buying Check Point Software Technologies stock?

Check Point Software Technologies' stock was acquired by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Curbstone Financial Management Corp, Eqis Capital Management Inc., Crow Point Partners LLC, Carnick & Kubik Group LLC and Fisher Asset Management LLC. View Insider Buying and Selling for Check Point Software Technologies.

How do I buy Check Point Software Technologies stock?

Shares of Check Point Software Technologies can be purchased through any online brokerage account. Popular online brokerages 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 Check Point Software Technologies stock can currently be purchased for approximately $117.52.


MarketBeat Community Rating for Check Point Software Technologies (NASDAQ CHKP)
Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  559 (Vote Outperform)
Underperform Votes:  441 (Vote Underperform)
Total Votes:  1,000
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Check Point Software Technologies (NASDAQ:CHKP) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 14 Hold Ratings, 15 Buy Ratings
Consensus Rating:Buy (Score: 2.52)
Consensus Price Target: $112.09 (4.62% downside)
Consensus Price Target History for Check Point Software Technologies (NASDAQ:CHKP)
Price Target History for Check Point Software Technologies (NASDAQ:CHKP)
Analysts' Ratings History for Check Point Software Technologies (NASDAQ:CHKP)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/19/2017Jefferies Group LLCReiterated RatingBuy$126.00N/AView Rating Details
10/18/2017Royal Bank Of CanadaReiterated RatingHold$105.00N/AView Rating Details
10/17/2017OTR GlobalDowngradePositiveN/AView Rating Details
10/10/2017StephensBoost Price TargetOverweight$115.00 -> $122.00N/AView Rating Details
10/6/2017Piper Jaffray CompaniesSet Price TargetHold$108.00N/AView Rating Details
10/2/2017Oppenheimer Holdings, Inc.Reiterated RatingBuy$128.00LowView Rating Details
9/28/2017Northland SecuritiesReiterated RatingHold$120.00LowView Rating Details
9/8/2017Cowen and CompanyReiterated RatingBuy$113.00MediumView Rating Details
9/5/2017Credit Suisse GroupInitiated CoverageNeutral -> Neutral$110.00LowView Rating Details
8/11/2017Evercore ISISet Price TargetHold$100.00LowView Rating Details
7/25/2017ArgusReiterated RatingBuy$115.00 -> $124.00LowView Rating Details
7/23/2017Barclays PLCReiterated RatingHold$110.00LowView Rating Details
7/21/2017Citigroup Inc.Boost Price TargetNeutral$111.00 -> $112.00LowView Rating Details
7/21/2017BMO Capital MarketsReiterated RatingMarket Perform -> Market Perform$117.00 -> $115.00MediumView Rating Details
6/7/2017Susquehanna Bancshares IncInitiated CoveragePositive -> Positive$132.00 -> $132.00LowView Rating Details
4/27/2017Stifel NicolausSet Price TargetHold$94.00 -> $100.00LowView Rating Details
4/27/2017Robert W. BairdReiterated RatingHoldLowView Rating Details
4/24/2017BTIG ResearchReiterated RatingBuy$118.00LowView Rating Details
4/24/2017Cleveland ResearchUpgradeNeutral -> BuyLowView Rating Details
4/18/2017Morgan StanleyUpgradeUnderweight -> Equal Weight$87.00 -> $107.00MediumView Rating Details
3/14/2017Monness Crespi & HardtInitiated CoverageNeutral -> NeutralLowView Rating Details
1/20/2017InstinetBoost Price TargetBuy$95.00 -> $105.00N/AView Rating Details
1/20/2017First AnalysisUpgradeEqual Weight -> Overweight$116.00N/AView Rating Details
1/19/2017J P Morgan Chase & CoUpgradeNeutral -> Overweight$96.34 -> $115.00N/AView Rating Details
1/11/2017Wells Fargo & CompanyInitiated CoverageOutperformN/AView Rating Details
11/1/2016WunderlichReiterated RatingHold$85.00N/AView Rating Details
11/1/2016William BlairReiterated RatingOutperformN/AView Rating Details
10/31/2016NomuraReiterated RatingBuy$95.00N/AView Rating Details
10/31/2016MacquarieReiterated RatingNeutralN/AView Rating Details
10/15/2016Deutsche Bank AGReiterated RatingHoldN/AView Rating Details
9/14/2016GuggenheimInitiated CoverageNeutralN/AView Rating Details
7/27/2016Pacific CrestReiterated RatingHoldN/AView Rating Details
7/27/2016Needham & Company LLCBoost Price TargetBuy$95.00 -> $100.00N/AView Rating Details
4/21/2016Raymond James Financial, Inc.DowngradeOutperform -> Market PerformN/AView Rating Details
4/21/2016Topeka Capital MarketsLower Price TargetBuy$102.00 -> $100.00N/AView Rating Details
4/19/2016Bank of America CorporationReiterated RatingBuyN/AView Rating Details
3/21/2016Goldman Sachs Group, Inc. (The)Initiated CoverageNeutral$97.00N/AView Rating Details
3/10/2016Sanford C. BernsteinInitiated CoverageUnderperform$65.00N/AView Rating Details
1/31/2016FBR & CoReiterated RatingOutperform$90.00N/AView Rating Details
(Data available from 10/23/2015 forward)

Earnings

Earnings History for Check Point Software Technologies (NASDAQ:CHKP)
Earnings by Quarter for Check Point Software Technologies (NASDAQ:CHKP)
Earnings History by Quarter for Check Point Software Technologies (NASDAQ CHKP)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2017$1.24N/AView Earnings Details
7/20/20176/30/2017$1.22$1.26$454.62 million$458.60 millionViewN/AView Earnings Details
4/27/20173/31/2017$1.07$1.10$432.41 million$435.50 millionViewN/AView Earnings Details
1/19/2017Q416$1.25$1.46$478.07 million$487.00 millionViewListenView Earnings Details
10/31/2016Q316$0.97$1.13$422.79 million$428.00 millionViewListenView Earnings Details
7/26/2016Q216$1.07$1.09$422.19 million$423.00 millionViewListenView Earnings Details
4/20/2016Q116$1.03$1.06$404.37 million$404.00 millionViewListenView Earnings Details
1/28/2016Q415$1.15$1.20$457.08 million$458.00 millionViewListenView Earnings Details
10/26/2015Q315$0.98$0.94$402.96 million$404.00 millionViewListenView Earnings Details
7/22/2015Q215$0.87$0.99$392.55 million$395.00 millionViewListenView Earnings Details
4/20/2015Q115$0.91$0.95$370.28 million$372.58 millionViewN/AView Earnings Details
1/29/2015Q414$0.98$0.98$416.13 million$420.60 millionViewN/AView Earnings Details
10/23/2014Q314$0.83$0.93$367.10 million$370.00 millionViewListenView Earnings Details
7/23/2014Q214$0.87$0.89$359.37 million$363.00 millionViewN/AView Earnings Details
4/29/2014Q114$0.78$0.84$341.92 million$342.00 millionViewN/AView Earnings Details
1/28/2014Q413$0.95$0.98$383.43 million$387.10 millionViewListenView Earnings Details
10/21/2013Q313$0.84$0.85$343.62 million$344.10 millionViewListenView Earnings Details
7/18/2013Q2 2013$0.81$0.83$337.22 million$340.20 millionViewListenView Earnings Details
4/22/2013Q1 2013$0.78$0.79$328.20 million$322.70 millionViewN/AView Earnings Details
1/23/2013Q4 2012$0.88$0.91$373.66 million$368.60 millionViewN/AView Earnings Details
10/17/2012$0.77$0.79ViewN/AView Earnings Details
7/18/2012$0.75$0.77ViewN/AView Earnings Details
4/23/2012$0.72$0.74ViewN/AView Earnings Details
1/17/2012$0.81$0.84ViewN/AView Earnings Details
10/18/2011$0.69$0.72ViewN/AView Earnings Details
7/18/2011$0.66$0.68ViewN/AView Earnings Details
4/14/2011$0.62$0.64ViewN/AView Earnings Details
1/31/2011$0.69$0.73ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Check Point Software Technologies (NASDAQ:CHKP)
2017 EPS Consensus Estimate: $4.49
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$1.01$1.04$1.03
Q2 20172$1.04$1.07$1.06
Q3 20172$1.04$1.17$1.11
Q4 20172$1.23$1.37$1.30
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Check Point Software Technologies (NASDAQ:CHKP)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Check Point Software Technologies (NASDAQ:CHKP)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Check Point Software Technologies (NASDAQ:CHKP)
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Chart

Check Point Software Technologies (CHKP) Chart for Monday, October, 23, 2017

This page was last updated on 10/23/2017 by MarketBeat.com Staff

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