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.
Read More…
Industry, Sector and Symbol
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Phone972-3753-4555
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.92 billion
Profitability
Miscellaneous
Employees5,070
Next Earnings Date2/3/2020 (Confirmed)
OptionableOptionable
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) issued its earnings results on Monday, October, 28th. The technology company reported $1.44 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $1.40 by $0.04. The technology company earned $490.91 million during the quarter, compared to the consensus estimate of $490.94 million. Check Point Software Technologies had a return on equity of 21.86% and a net margin of 40.05%. The company's revenue was up 4.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.38 earnings per share. View Check Point Software Technologies' Earnings History.
When is Check Point Software Technologies' next earnings date?
How can I listen to Check Point Software Technologies' earnings call?
Check Point Software Technologies will be holding an earnings conference call on Monday, February 3rd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.
What price target have analysts set for CHKP?
19 analysts have issued 12 month target prices for Check Point Software Technologies' stock. Their forecasts range from $105.00 to $145.00. On average, they expect Check Point Software Technologies' share price to reach $118.76 in the next twelve months. This suggests a possible upside of 3.9% from the stock's current price. View Analyst Price Targets for Check Point Software Technologies.
What is the consensus analysts' recommendation for 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 3 sell ratings, 13 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." 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 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)
- 3. Evercore ISI analysts commented, "We continue to believe, however, growth is likely to be muted in 2019 as evidenced by the ~4% y/y revenue guidance (but likely higher billings growth). Further, management was clear that they intend to continue investing in S&M during 2019, both internally in the form of headcount but also to support partners. This is expected to lead to ~300bps of margin compression for the year." (1/31/2019)
Has Check Point Software Technologies been receiving favorable news coverage?
Media coverage about CHKP stock has trended somewhat negative this week, InfoTrie reports. InfoTrie rates the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Check Point Software Technologies earned a media sentiment score of -1.4 on InfoTrie's scale. They also assigned media headlines about the technology company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for Check Point Software Technologies.
Are investors shorting Check Point Software Technologies?
Check Point Software Technologies saw a increase in short interest in the month of December. As of December 31st, there was short interest totalling 13,470,000 shares, an increase of 8.9% from the December 15th total of 12,370,000 shares. Based on an average trading volume of 876,900 shares, the short-interest ratio is presently 15.4 days. Approximately 11.1% of the shares of the stock are sold short. View Check Point Software Technologies' Current Options Chain.
Who are some of Check Point Software Technologies' key competitors?
Some companies that are related to Check Point Software Technologies include Uber Technologies (UBER), VMware (VMW), ServiceNow (NOW), Shopify (SHOP), Dassault Systemes (DASTY), Activision Blizzard (ATVI), Autodesk (ADSK), Electronic Arts (EA), Square (SQ), Splunk (SPLK), ANSYS (ANSS), Synopsys (SNPS), Veeva Systems (VEEV), Cadence Design Systems (CDNS) and Paycom Software (PAYC).
What other stocks do shareholders of Check Point Software Technologies own?
Who are Check Point Software Technologies' key executives?
Check Point Software Technologies' management team includes the folowing 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
Who are Check Point Software Technologies' major shareholders?
Check Point Software Technologies' stock is owned by a number of of retail and institutional investors. Top institutional investors include Alecta Pensionsforsakring Omsesidigt (3.52%), California Public Employees Retirement System (0.66%), PGGM Investments (0.22%), Harel Insurance Investments & Financial Services Ltd. (0.15%), Commerzbank Aktiengesellschaft FI (0.12%) and Zurcher Kantonalbank Zurich Cantonalbank (0.10%).
Which major investors are selling Check Point Software Technologies stock?
CHKP stock was sold by a variety of institutional investors in the last quarter, including PGGM Investments, Zurcher Kantonalbank Zurich Cantonalbank, Ferguson Wellman Capital Management Inc., Harel Insurance Investments & Financial Services Ltd., Commerzbank Aktiengesellschaft FI, State of Alaska Department of Revenue, Gateway Investment Advisers LLC and Arizona State Retirement System.
Which major investors are buying Check Point Software Technologies stock?
CHKP stock was acquired by a variety of institutional investors in the last quarter, including Alecta Pensionsforsakring Omsesidigt, GPM Growth Investors Inc., CWM LLC, Tandem Investment Advisors Inc., AdvisorShares Investments LLC, California Public Employees Retirement System, HBW Advisory Services LLC and Winmill & CO. Inc..
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 $114.33.
How big of a company is Check Point Software Technologies?
Check Point Software Technologies has a market capitalization of $17.41 billion and generates $1.92 billion in revenue each year. The technology company earns $821.30 million in net income (profit) each year or $5.21 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?
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 (NASDAQ 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 CHKP will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CHKP will underperform the S&P 500 over the long term. You may vote once every thirty days.
