Analyst Research

What Analysts Recommend on Check Point Software Technologies Ltd. (NASDAQ:CHKP)?

Check Point Software Technologies Ltd. (NASDAQ:CHKP) fell -0.61% during previous trade. Morgan Stanley issued rating on the stock of Check Point Software Technologies Ltd. (NASDAQ:CHKP) in a research note issued to investors on Apr-18-17, the stock received “Upgrade” rating from Underweight to Equal-Weight. Additionally Monness Crespi & Hardt issued their verdict on the stock of the company, on record date of Mar-14-17 the stock was “Initiated” as Neutral besides that on Jan-20-17 Check Point Software Technologies Ltd. (NASDAQ:CHKP) was “Upgraded” by First Analysis Sec from Equal-Weight to Overweight at $116. Furthermore on Jan-20-17 the stock was “Reiterated” by RBC Capital Mkts as Outperform from $96 to $98.

Check Point Software Technologies Ltd. (NASDAQ:CHKP) shares ended last trading session at the price of $102.47 whereas a number of traders indicating mean target price will hit $97.89 over the next twelve months, mean value of price target most recently revised on 04/05/17. Check Point Software Technologies Ltd. (NASDAQ:CHKP)’s highest estimates of price target are $118 and low forecast is $34 based on the opinion of 28 analysts. The price target estimates represents a standard deviation of 10.58. However brokerage recommendations suggests an ABR of 2.08 based on calls of 24 experts, where 11 brokers polls the stock a Strong Buy, 2 suggest the stock a Buy, 10 suggest Hold, 0 are rating the stock as Sell while 1 as Strong Sell.

Check Point Software Technologies Ltd. (NASDAQ:CHKP) is expected to release the earnings of its current quarter on 4/27/17 Before Market Open. The company is expected to release $1.19 EPS for current quarter according to 29 analysts whereas the company reported $1.06 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $1.16 and high estimate of $1.22. For the current year Check Point Software Technologies Ltd. (NASDAQ:CHKP) has set to release EPS of $5.18 as per the sentiments of 35 analysts, however according to 32 analysts, the company expected to release $5.65 EPS for next year.

Check Point Software Technologies Ltd. (NASDAQ:CHKP)’s average revenue estimates for the current quarter are $432.57M according to 25 number of analysts. However its lowest revenue estimates are $484.4M and highest revenue estimates are $436M. A year ago the company’s sales were $404.27M. Its yearly sales growth estimates are 7%. For the next quarter the company has anticipated average revenues of $453.38M, according to the sentiments of 25 analysts. For the current year the company has fixed $1.87B revenues, as per the opinion of 32 analysts. For the current year the company has low revenue estimates of $1.84B in contradiction of high revenue estimates of $1.9B. Whereas for the next year revenues are set at $1.99B by 28 analysts.

The stock exchanged hands 1.62M shares versus average trading capacity of 876,969 shares, while its shares’ total market worth is $17.85B along with 174.90M outstanding shares. Check Point Software Technologies Ltd. (NASDAQ:CHKP) shares were trading -2.07% below from the 52-week high price mark of $104.64 and +37.84% above from the 52-week price bottom of $74.34. However the company observed 52 week high price on 04/13/17 and witnessed 52 week low price on 10/12/16. The company’s price sits 1.20% above from its 50-day moving average of $25 and 18.32% far from the stock’s 200-day moving average which is $26. Check Point Software Technologies Ltd. (NASDAQ:CHKP)’s price to sales ratio for trailing twelve month stands at 10.29, whereas its price to book ratio for most recent quarter sits at 4.91. However the company’s price to cash per share for most recent quarter stands at 13.05. Its price to free cash flow for trailing twelve months is 20.03.

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