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NASDAQ:CHKP

Check Point Software Technologies (CHKP) Stock Price, News & Analysis

Check Point Software Technologies logo
$176.83 +2.27 (+1.30%)
(As of 11/20/2024 ET)

About Check Point Software Technologies Stock (NASDAQ:CHKP)

Key Stats

Today's Range
$173.61
$177.20
50-Day Range
$170.18
$209.01
52-Week Range
$142.60
$210.70
Volume
421,937 shs
Average Volume
694,570 shs
Market Capitalization
$19.45 billion
P/E Ratio
24.16
Dividend Yield
N/A
Price Target
$197.74
Consensus Rating
Hold

Company Overview

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. In addition, the company offers security gateways and software platforms that support small and medium sized business. Further, it provides cloud network security, cloud native application protection, security and posture management, cloud identity and entitlement, cloud workload protection, cloud detection and response, and cloud web application protection for web applications and APIs; and Check Point Harmony that delivers endpoint and secure connectivity for remote user access. Additionally, the company offers 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 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.

Check Point Software Technologies Stock Analysis - MarketRank™

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97th Percentile Overall Score

CHKP MarketRank™: 

Check Point Software Technologies scored higher than 97% of companies evaluated by MarketBeat, and ranked 40th out of 648 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Check Point Software Technologies has received a consensus rating of Hold. The company's average rating score is 2.35, and is based on 8 buy ratings, 15 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Check Point Software Technologies has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Check Point Software Technologies' stock forecast and price target.
  • Earnings Growth

    Earnings for Check Point Software Technologies are expected to grow by 8.89% in the coming year, from $7.87 to $8.57 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Check Point Software Technologies is 24.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.22.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Check Point Software Technologies is 24.16, 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 258.40.

  • Price to Earnings Growth Ratio

    Check Point Software Technologies has a PEG Ratio of 2.97. 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 7.33. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Check Point Software Technologies' valuation and earnings.
  • Percentage of Shares Shorted

    3.34% 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 4.3.
  • Change versus previous month

    Short interest in Check Point Software Technologies has recently decreased by 14.46%, indicating that investor sentiment is improving significantly.
  • 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.

  • Percentage of Shares Shorted

    3.34% 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 4.3.
  • Change versus previous month

    Short interest in Check Point Software Technologies has recently decreased by 14.46%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Check Point Software Technologies has a news sentiment score of 1.09. 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 0.58 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 14 news articles for Check Point Software Technologies this week, compared to 8 articles on an average week.
  • Search Interest

    13 people have searched for CHKP on MarketBeat in the last 30 days. This is an increase of 160% compared to the previous 30 days.
  • MarketBeat Follows

    9 people have added Check Point Software Technologies to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.
  • 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

    87.62% 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.

  • Read more about Check Point Software Technologies' insider trading history.
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CHKP Stock News Headlines

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Time to Buy These Up-and-Coming Software Firms? (CHKP)
With software company stocks rising, three lesser-known firms may draw investor attention away from the traditional major players in the space.
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Is CoStar Group Stock a Buy Before Earnings? Analysts Think So (CHKP)
CoStar Group stock is building up enough bullish factors to deliver a potential rally on earnings this week. Wall Street analysts see double-digit upside
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Scotiabank Keeps Their Buy Rating on Check Point (CHKP)
3 Cybersecurity Stocks Protecting the Digital World
See More Headlines

CHKP Stock Analysis - Frequently Asked Questions

Check Point Software Technologies' stock was trading at $152.79 at the beginning of 2024. Since then, CHKP stock has increased by 15.7% and is now trading at $176.83.
View the best growth stocks for 2024 here
.

Check Point Software Technologies Ltd. (NASDAQ:CHKP) announced its quarterly earnings results on Tuesday, October, 29th. The technology company reported $2.25 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.25. Check Point Software Technologies's quarterly revenue was up 6.5% on a year-over-year basis.

Check Point Software Technologies subsidiaries include these companies: Avanan Inc, Spectral Cyber Technologies Ltd., Odo Security, Protego Labs, Cymplify, ForceNock, Dome9 Security, and others.

Check Point Software Technologies' top institutional shareholders include Massachusetts Financial Services Co. MA (4.84%), State Street Corp (1.94%), Robeco Institutional Asset Management B.V. (1.63%) and FMR LLC (1.03%).

Shares of CHKP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Check Point Software Technologies investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Netflix (NFLX), Tesla (TSLA), Broadcom (AVGO) and Palo Alto Networks (PANW).

Company Calendar

Last Earnings
10/29/2024
Today
11/20/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/04/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Current Symbol
NASDAQ:CHKP
Employees
6,450
Year Founded
1993

Price Target and Rating

Average Stock Price Target
$197.74
High Stock Price Target
$238.00
Low Stock Price Target
$155.00
Potential Upside/Downside
+11.8%
Consensus Rating
Hold
Rating Score (0-4)
2.35
Research Coverage
23 Analysts

Profitability

Net Income
$840.30 million
Pretax Margin
38.16%

Debt

Sales & Book Value

Annual Sales
$2.52 billion
Cash Flow
$7.99 per share
Book Value
$24.11 per share

Miscellaneous

Free Float
78,088,000
Market Cap
$19.45 billion
Optionable
Optionable
Beta
0.63

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This page (NASDAQ:CHKP) was last updated on 11/21/2024 by MarketBeat.com Staff
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