Check Point Software Technologies (CHKP) Set to Announce Earnings on Wednesday

Check Point Software Technologies (NASDAQ:CHKP) will be posting its quarterly earnings results before the market opens on Wednesday, January 31st. Analysts expect Check Point Software Technologies to post earnings of $1.50 per share for the quarter. Check Point Software Technologies has set its Q4 guidance at $1.45-1.55 EPS.

Check Point Software Technologies (NASDAQ:CHKP) last announced its quarterly earnings results on Tuesday, October 31st. The technology company reported $1.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.12 by $0.06. The business had revenue of $454.63 million for the quarter, compared to analyst estimates of $449.39 million. Check Point Software Technologies had a return on equity of 22.46% and a net margin of 42.80%. On average, analysts expect Check Point Software Technologies to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Check Point Software Technologies (NASDAQ:CHKP) opened at $105.34 on Wednesday. The stock has a market capitalization of $17,240.00, a P/E ratio of 22.51, a price-to-earnings-growth ratio of 2.06 and a beta of 0.62. Check Point Software Technologies has a fifty-two week low of $96.25 and a fifty-two week high of $119.20.

Several research analysts have issued reports on the company. Northland Securities set a $120.00 price target on Check Point Software Technologies and gave the stock a “hold” rating in a report on Wednesday, November 1st. BTIG Research lowered Check Point Software Technologies from a “buy” rating to a “neutral” rating in a report on Wednesday, November 1st. BidaskClub lowered Check Point Software Technologies from a “hold” rating to a “sell” rating in a report on Tuesday, January 16th. Stifel Nicolaus restated a “hold” rating and issued a $100.00 target price on shares of Check Point Software Technologies in a report on Friday, November 3rd. Finally, Piper Jaffray Companies set a $108.00 target price on Check Point Software Technologies and gave the company a “hold” rating in a report on Friday, October 6th. Two investment analysts have rated the stock with a sell rating, nineteen have issued a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $113.89.

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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 for Check Point Software Technologies (NASDAQ:CHKP)

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