About Check Point Software Technologies (NASDAQ:CHKP)
Check 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
Industry COMPUTER SOFT/SERV
SectorComputer and Technology
Trailing P/E Ratio21.14
Forward P/E Ratio19.69
Sales & Book Value
Annual Sales$1.85 billion
Price / Sales9.13
Cash Flow$5.08 per share
Price / Cash20.38
Book Value$22.03 per share
Price / Book4.70
Net Income$802.92 million
Return on Equity22.74%
Return on Assets15.24%
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) posted its quarterly earnings data on Wednesday, January, 31st. The technology company reported $1.58 EPS for the quarter, topping the Zacks' consensus estimate of $1.38 by $0.20. The technology company had revenue of $506 million for the quarter, compared to analyst estimates of $508.66 million. Check Point Software Technologies had a return on equity of 22.74% and a net margin of 43.29%. The company's revenue was up 4.0% on a year-over-year basis. During the same quarter last year, the company earned $1.46 EPS. View Check Point Software Technologies' Earnings History.
When will Check Point Software Technologies make its next earnings announcement?
What guidance has Check Point Software Technologies issued on next quarter's earnings?
Check Point Software Technologies updated its FY18 earnings guidance on Wednesday, January, 31st. The company provided earnings per share (EPS) guidance of $5.50-5.90 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $5.73. The company issued revenue guidance of $1.9-2.0 billion, compared to the consensus revenue estimate of $1.97 billion.Check Point Software Technologies also updated its Q1 guidance to $1.25-1.30 EPS.
Where is Check Point Software Technologies' stock going? Where will Check Point Software Technologies' stock price be in 2018?
23 analysts have issued 1-year target prices for Check Point Software Technologies' shares. Their forecasts range from $100.00 to $132.00. On average, they expect Check Point Software Technologies' share price to reach $114.15 in the next year. 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. According to Zacks Investment Research, "Check Point reported mixed results for Q4 wherein earnings topped the Zacks Consensus Estimate but revenues fell short of the same. However, on a year-over-year basis, it registered growth on both counts. 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. Nonetheless, the company’s ongoing issues related with the changes it made in its U.S. sales force makes us skeptical about its near-term performance. It looks like the recently-joined people are taking more-than-expected time for reaching their full potential. The same is reflected in the company’s outlook too." (2/5/2018)
- 2. BTIG Research analysts commented, "We are maintaining our $24 price target on SABR shares after a solid quarter with EBITDA 5% above consensus and management maintaining FY17 guidance. While no change to ’18E FCF, expected to grow in-line with mid-single-digit revenue growth, we believe a relatively vanilla quarter, with new agency contracts in higher unit economic regions (EMEA/APAC), are now benefiting Travel Network (TN) top- line, indicating management’s transition-plan is materializing. However, visibility into ’19E FCF accelerating is likely needed to materially shift some of the entrenched negative sentiment that exists around shares. Guidance suggests declining Airline solutions revenue near term, but this is largely priced in. Hospitality re-accelerated and commentary suggest mid-teens growth is sustainable. We believe SABR is well- positioned to scale long-term travel technology trends." (11/1/2017)
- 3. 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)
Are investors shorting Check Point Software Technologies?
Check Point Software Technologies saw a drop in short interest during the month of February. As of February 15th, there was short interest totalling 8,074,032 shares, a drop of 18.6% from the January 31st total of 9,921,729 shares. Based on an average daily volume of 1,916,129 shares, the short-interest ratio is currently 4.2 days. Currently, 6.4% of the company's shares are sold short.
Who are some of Check Point Software Technologies' key competitors?
Some companies that are related to Check Point Software Technologies include Autodesk (ADSK), DXC Technology (DXC), ServiceNow (NOW), Weibo (WB), Workday (WDAY), Yahoo Japan (YAHOY), Red Hat (RHT), Twitter (TWTR), Wipro (WIT), Relx (RELX), Square (SQ), Snap (SNAP), Relx (RENX), Palo Alto Networks (PANW), Symantec (SYMC), CGI Group (GIB), Splunk (SPLK) and CA (CA).
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 (Age 44)
- Dorit Dor, Vice President - Products
- Marius Nacht, Non-Executive Chairman of the Board
- Dan Propper, Independent Director (Age 76)
- David Rubner, Independent Director (Age 75)
- Tal Shavit, Independent Director
- Yoav Z. Chelouche, Independent Outside Director (Age 64)
Has Check Point Software Technologies been receiving favorable news coverage?
News stories about CHKP stock have been trending somewhat positive on Monday, according to Accern Sentiment. The research group identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Check Point Software Technologies earned a news sentiment score of 0.19 on Accern's scale. They also gave press coverage about the technology company an impact score of 46.91 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next several days.
Who are Check Point Software Technologies' major shareholders?
Check Point Software Technologies' stock is owned by many different of institutional and retail investors. Top institutional shareholders include Franklin Resources Inc. (3.69%), BlackRock Inc. (3.06%), Schroder Investment Management Group (2.48%), Standard Life Aberdeen plc (1.92%), APG Asset Management N.V. (1.74%) and Iridian Asset Management LLC CT (1.38%). View Institutional Ownership Trends for Check Point Software Technologies.
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 Schroder Investment Management Group, William Blair Investment Management LLC, Clal Insurance Enterprises Holdings Ltd, Jennison Associates LLC, Alliancebernstein L.P., Clearbridge Investments LLC, Bowen Hanes & Co. Inc. and Iridian Asset Management LLC CT. View Insider Buying and Selling for Check Point Software Technologies.
Which institutional investors are buying Check Point Software Technologies stock?
CHKP stock was acquired by a variety of institutional investors in the last quarter, including Earnest Partners LLC, Arrowstreet Capital Limited Partnership, Atlanta Capital Management Co. L L C, APG Asset Management N.V., Amundi Pioneer Asset Management Inc., Delek Group Ltd., BT Investment Management Ltd and Deutsche Bank AG. View Insider Buying and Selling for Check Point Software Technologies.
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 $103.59.
How big of a company is Check Point Software Technologies?
Check Point Software Technologies has a market capitalization of $16.93 billion and generates $1.85 billion in revenue each year. The technology company earns $802.92 million in net income (profit) each year or $4.82 on an earnings per share basis. Check Point Software Technologies employs 4,281 workers across the globe.
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]
MarketBeat Community Rating for Check Point Software Technologies (CHKP)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.
Check Point Software Technologies (NASDAQ:CHKP) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Hold|
|Consensus Rating Score: ||2.22||2.21||2.35||2.48|
|Ratings Breakdown: ||0 Sell Rating(s)|
18 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
19 Hold Rating(s)
5 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
17 Hold Rating(s)
9 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
15 Hold Rating(s)
14 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$114.15||$114.15||$114.05||$111.24|
|Price Target Upside: ||10.19% upside||10.39% upside||7.74% upside||0.16% downside|
Check Point Software Technologies (NASDAQ:CHKP) Consensus Price Target History
Check Point Software Technologies (NASDAQ:CHKP) Analyst Ratings History
(Data available from 3/19/2016 forward)
Check Point Software Technologies (NASDAQ:CHKP) Earnings History and Estimates Chart
Check Point Software Technologies (NASDAQ CHKP) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|1/31/2018||Before Market||$1.38||$1.58||$508.66 million||$506.00 million||View||N/A|
|10/31/2017||Q3 2017||$1.12||$1.18||$449.39 million||$454.63 million||View||N/A|
|7/20/2017||6/30/2017||$1.22||$1.26||$454.62 million||$458.60 million||View||N/A|
|4/27/2017||3/31/2017||$1.07||$1.10||$432.41 million||$435.50 million||View||N/A|
|1/19/2017||Q416||$1.25||$1.46||$478.07 million||$487.00 million||View||Listen|
|10/31/2016||Q316||$0.97||$1.13||$422.79 million||$428.00 million||View||Listen|
|7/26/2016||Q216||$1.07||$1.09||$422.19 million||$423.00 million||View||Listen|
|4/20/2016||Q116||$1.03||$1.06||$404.37 million||$404.00 million||View||Listen|
|1/28/2016||Q415||$1.15||$1.20||$457.08 million||$458.00 million||View||Listen|
|10/26/2015||Q315||$0.98||$0.94||$402.96 million||$404.00 million||View||Listen|
|7/22/2015||Q215||$0.87||$0.99||$392.55 million||$395.00 million||View||Listen|
|4/20/2015||Q115||$0.91||$0.95||$370.28 million||$372.58 million||View||N/A|
|1/29/2015||Q414||$0.98||$0.98||$416.13 million||$420.60 million||View||N/A|
|10/23/2014||Q314||$0.83||$0.93||$367.10 million||$370.00 million||View||Listen|
|7/23/2014||Q214||$0.87||$0.89||$359.37 million||$363.00 million||View||N/A|
|4/29/2014||Q114||$0.78||$0.84||$341.92 million||$342.00 million||View||N/A|
|1/28/2014||Q413||$0.95||$0.98||$383.43 million||$387.10 million||View||Listen|
|10/21/2013||Q313||$0.84||$0.85||$343.62 million||$344.10 million||View||Listen|
|7/18/2013||Q2 2013||$0.81||$0.83||$337.22 million||$340.20 million||View||Listen|
|4/22/2013||Q1 2013||$0.78||$0.79||$328.20 million||$322.70 million||View||N/A|
|1/23/2013||Q4 2012||$0.88||$0.91||$373.66 million||$368.60 million||View||N/A|
Check Point Software Technologies (NASDAQ:CHKP) Earnings Estimates
2018 EPS Consensus Estimate: $5.23
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Check Point Software Technologies (NASDAQ:CHKP)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for Check Point Software Technologies (NASDAQ CHKP)
No insider trades for this company have been tracked by MarketBeat.com
Check Point Software Technologies (NASDAQ CHKP) News Headlines
Check Point Software Technologies (NASDAQ:CHKP) SEC Filings
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Check Point Software Technologies (NASDAQ:CHKP) Income Statement, Balance Sheet and Cash Flow Statement
Check Point Software Technologies (NASDAQ CHKP) Stock Chart for Monday, March, 19, 2018