Check Point Software Technologies (NASDAQ:CHKP - Get Free Report) is expected to be announcing its earnings results before the market opens on Wednesday, April 23rd. Analysts expect the company to announce earnings of $2.19 per share and revenue of $635.80 million for the quarter. Persons that wish to register for the company's earnings conference call can do so using this link.
Check Point Software Technologies Trading Up 0.0 %
Shares of Check Point Software Technologies stock traded up $0.02 on Friday, hitting $214.96. 824,648 shares of the company traded hands, compared to its average volume of 767,065. The company has a market cap of $23.64 billion, a P/E ratio of 28.78, a P/E/G ratio of 3.41 and a beta of 0.62. Check Point Software Technologies has a 12-month low of $145.75 and a 12-month high of $234.36. The firm's 50-day simple moving average is $221.79 and its 200 day simple moving average is $201.32.
Wall Street Analysts Forecast Growth
CHKP has been the topic of a number of research reports. Baird R W raised Check Point Software Technologies from a "hold" rating to a "strong-buy" rating in a report on Thursday, February 27th. Needham & Company LLC reaffirmed a "hold" rating on shares of Check Point Software Technologies in a report on Thursday, February 27th. Morgan Stanley lowered their price target on shares of Check Point Software Technologies from $235.00 to $220.00 and set an "equal weight" rating for the company in a research note on Wednesday. Stephens started coverage on Check Point Software Technologies in a report on Tuesday, April 1st. They issued an "equal weight" rating and a $255.00 price objective on the stock. Finally, Bank of America upgraded Check Point Software Technologies from a "neutral" rating to a "buy" rating and raised their price target for the stock from $230.00 to $260.00 in a research report on Thursday, March 27th. Fifteen investment analysts have rated the stock with a hold rating, twelve have assigned a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $235.50.
Check Out Our Latest Report on CHKP
About Check Point Software Technologies
(
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Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IOT solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against fifth generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile.
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