Check Point Software Technologies Ltd. (NASDAQ:CHKP) – Investment analysts at Gabelli boosted their FY2017 EPS estimates for shares of Check Point Software Technologies in a research note issued on Wednesday. Gabelli analyst H. Susanto now forecasts that the technology company will earn $4.85 per share for the year, up from their prior forecast of $4.65. Gabelli also issued estimates for Check Point Software Technologies’ FY2018 earnings at $5.36 EPS.

Several other brokerages also recently commented on CHKP. Barclays PLC reduced their price target on shares of Check Point Software Technologies from $110.00 to $106.00 and set an “equal weight” rating for the company in a research report on Wednesday, November 1st. Robert W. Baird reiterated a “hold” rating and issued a $115.00 price objective on shares of Check Point Software Technologies in a research note on Wednesday, November 1st. KeyCorp reiterated a “hold” rating on shares of Check Point Software Technologies in a research note on Friday, October 27th. Piper Jaffray Companies set a $108.00 price objective on shares of Check Point Software Technologies and gave the company a “hold” rating in a research note on Friday, August 25th. Finally, Royal Bank Of Canada reiterated a “hold” rating and issued a $105.00 price objective on shares of Check Point Software Technologies in a research note on Wednesday, October 18th. Twenty analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Check Point Software Technologies presently has a consensus rating of “Hold” and an average price target of $113.60.

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Shares of Check Point Software Technologies (CHKP) opened at $105.65 on Monday. The company has a market cap of $17,267.74, a P/E ratio of 22.24, a P/E/G ratio of 2.23 and a beta of 0.67. Check Point Software Technologies has a 12-month low of $80.78 and a 12-month high of $119.20.

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA boosted its holdings in shares of Check Point Software Technologies by 1.4% during the 2nd quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 1,425 shares of the technology company’s stock worth $151,000 after buying an additional 20 shares during the period. Gateway Investment Advisers LLC boosted its holdings in shares of Check Point Software Technologies by 1.3% during the 2nd quarter. Gateway Investment Advisers LLC now owns 2,407 shares of the technology company’s stock worth $263,000 after buying an additional 31 shares during the period. Baldwin Investment Management LLC boosted its holdings in shares of Check Point Software Technologies by 0.7% during the 2nd quarter. Baldwin Investment Management LLC now owns 4,665 shares of the technology company’s stock worth $509,000 after buying an additional 34 shares during the period. Trust Co. of Vermont boosted its holdings in shares of Check Point Software Technologies by 2.2% during the 2nd quarter. Trust Co. of Vermont now owns 1,814 shares of the technology company’s stock worth $198,000 after buying an additional 39 shares during the period. Finally, Wetherby Asset Management Inc. boosted its holdings in shares of Check Point Software Technologies by 0.8% during the 2nd quarter. Wetherby Asset Management Inc. now owns 5,314 shares of the technology company’s stock worth $580,000 after buying an additional 41 shares during the period. 68.23% of the stock is owned by institutional investors and hedge funds.

Check Point Software Technologies Company Profile

Check Point Software Technologies Ltd. (Check point) develops, markets and supports a range of products and services for information technology (IT) security. The Company’s products and services are sold to enterprises, service providers, small and medium sized businesses and consumers. It offers enterprises a platform to deploy independent, modular and interoperable security applications (Software Blades), such as firewall, virtual private network (VPN), intrusion prevention system (IPS), Application Control, Anti-Bot, antivirus, data loss prevention (DLP), policy management, event analysis or multi-domain management.

Earnings History and Estimates for Check Point Software Technologies (NASDAQ:CHKP)

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