Check Point Software Technologies Ltd. (NASDAQ: CHKP) Not A Good Play Anymore?

Check Point Software Technologies Ltd. (CHKP) concluded trading on Thursday at a closing price of $164.01, with 0.44 million shares of worth about $72.67 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 23.50% during that period and on March 28, 2024 the price saw a loss of about -0.09%. Currently the company’s common shares owned by public are about 120.76M shares, out of which, 95.87M shares are available for trading.

However, the stock later moved at a day high price of 165.99, or with a loss of -0.09%. Stock saw a price change of -0.99% in past 5 days and over the past one month there was a price change of 1.18%. Year-to-date (YTD), CHKP shares are showing a performance of 7.34% which increased to 29.36% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $117.18 but also hit the highest price of $168.82 during that period. The average intraday trading volume for Check Point Software Technologies Ltd. shares is 741.42K. The stock is currently trading 0.79% above its 20-day simple moving average (SMA20), while that difference is up 1.58% for SMA50 and it goes to 14.81% higher than SMA200.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Check Point Software Technologies Ltd. (NASDAQ: CHKP) currently have 120.76M outstanding shares and institutions hold larger chunk of about 69.82% of that.

The stock has a current market capitalization of $19.81B and its 3Y-monthly beta is at 0.61. PE ratio of stock for trailing 12 months is 23.06, while it has posted earnings per share of $7.11 in the same period. Its PEG reads 3.02 and has Quick Ratio of 1.08 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CHKP, volatility over the week remained 1.43% while standing at 1.69% over the month.

Analysts are in expectations that Check Point Software Technologies Ltd. (CHKP) stock would likely to be making an EPS of $2 in the current quarter, while forecast for next quarter EPS is $2.16 and it is $10.02 for next year. For the current quarter EPS, analysts have given the company a lowest target $1.87 which is $2.05 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $1.8 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 8.07% while it is estimated to increase by 10.22% in next year. EPS is likely to grow at an annualized rate of 7.64% for next 5-years, compared to annual growth of 6.51% made by the stock over the past 5-years.

Stock get a Hold rating from Needham on October 25, 2023.

Most Popular

Related Posts