Check Point Software Technologies Ltd (NASDAQ:CHKP) currently has a daily average trading volume of 743.91K but it saw 1196684 shares traded in last market. With a market cap of 24.53B USD, the company’s current market price of $223.08 came rising about 1.19 while comparing to the previous closing price of $220.46. In past 52 weeks, the stock remained buoying in the range of price level as high as $226.02 and as low as $145.75.
Taking a look at 20-day trading activity of Check Point Software Technologies Ltd (CHKP) gives us an average price of $211.61, while its current price level is -1.30% below from 52-week high level whereas it is 53.06% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $196.43 while that of 200 days or SMA-200 reads an average of $181.88. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.84% during that period while stretching the period over a month that increases to 2.61%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 70.97 which implies that the stock is in overbought territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Goldman which downgraded the stock as “Neutral” in its note to investors issued on January 02, 2025, recommending a price target of between $204 and $207 for it. BofA Securities downgraded its recommendation for the stock as a “Neutral” from “Buy” on October 30, 2024 while assigning a price target range of $205-$195. BMO Capital Markets issued its recommendations for the stock as it reiterated the price target for the stock in the range of between $200 and $238.
Over the week, CHKP’s stock price is moving 2.09% up while it is 18.74% when we observe its performance for the past one month. Year-to-date it is 19.49% up and over the past year, the stock is showing an upside performance of 35.83%.
The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of 2.18 while estimate for next year EPS is 9.93. In next quarter, company is expected to be making quarterly sales of $664.98M as analysts are expecting the sales for current fiscal year at $2.72B and seeing the company making $2.87B in sales next year. Moreover, analysts are in estimates of $635.49M for current-quarter revenue.
Currently, Check Point Software Technologies Ltd’s total number of outstanding shares is 109.98M with 22.85% of that held by the insiders while 72.70% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 29.90% and return on equity (ROE) at 30.15%. It has a price to earnings ratio (P/E ratio) of 29.91 while having a 20.57 of forward P/E ratio. Stock’s beta reads 0.62. Stock has a price to book (P/B) ratio of 8.67 while price to sale or P/S ratio amounts to 9.57. Its return on asset (ROA) is 14.75% on average.
