Okta (NASDAQ:OKTA – Get Free Report) and Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) are both large-cap computer and technology companies, but which is the superior stock? We will compare the two companies based on the strength of their earnings, valuation, analyst recommendations, risk, dividends, institutional ownership and profitability.
Valuation and Earnings
This table compares Okta and Check Point Software Technologies”s gross revenue, earnings per share (EPS) and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Okta | $2.61 billion | 6.17 | $28.00 million | $0.63 | 145.98 |
Check Point Software Technologies | $2.57 billion | 9.46 | $845.70 million | $7.58 | 29.11 |
Profitability
This table compares Okta and Check Point Software Technologies’ net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Okta | 4.85% | 2.79% | 1.92% |
Check Point Software Technologies | 32.75% | 32.88% | 16.43% |
Volatility and Risk
Okta has a beta of 0.82, indicating that its stock price is 18% less volatile than the S&P 500. Comparatively, Check Point Software Technologies has a beta of 0.64, indicating that its stock price is 36% less volatile than the S&P 500.
Analyst Ratings
This is a summary of current ratings and recommmendations for Okta and Check Point Software Technologies, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Okta | 3 | 14 | 20 | 0 | 2.46 |
Check Point Software Technologies | 0 | 16 | 11 | 1 | 2.46 |
Okta currently has a consensus price target of $119.44, suggesting a potential upside of 29.87%. Check Point Software Technologies has a consensus price target of $233.04, suggesting a potential upside of 5.60%. Given Okta’s higher probable upside, equities research analysts plainly believe Okta is more favorable than Check Point Software Technologies.
Insider and Institutional Ownership
86.6% of Okta shares are held by institutional investors. Comparatively, 98.5% of Check Point Software Technologies shares are held by institutional investors. 5.7% of Okta shares are held by company insiders. Comparatively, 29.0% of Check Point Software Technologies shares are held by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Summary
Check Point Software Technologies beats Okta on 10 of the 15 factors compared between the two stocks.
About Okta
Okta, Inc. operates as an identity partner in the United States and internationally. The company offers Okta's suite of products and services used to manage and secure identities, such as Single Sign-On that enables users to access applications in the cloud or on-premises from various devices; Adaptive Multi-Factor Authentication provides a layer of security for cloud, mobile, web applications, and data; API Access Management enables organizations to secure APIs; Access Gateway enables organizations to extend Workforce Identity Cloud; and Okta Device Access enables end users to securely log in to devices with Okta credentials. It also provides Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization; Lifecycle Management enables IT organizations or developers to manage a user's identity throughout its lifecycle; Okta Identity Governance provides identity access management and identity governance solutions; Advanced Server Access offers access management to secure cloud infrastructure; Okta Privileged Access enables organizations to reduce risk with unified access and governance management for on-premises and cloud resources; and Okta Workforce Identity Workflows. In addition, the company offers Universal Login, which allows customers to provide login experience across different applications and devices; and Attack Protection, a suite of security capabilities that protects customers from different types of malicious traffic. Further, it provides Adaptive Multi-Factor Authentication, Passwordless, Machine to Machine, Private Cloud, Organizations, Actions and Extensibility, and Enterprise Connections. The company sells its products directly to customers through sales force and channel partners. The company was formerly known as Saasure, Inc. Okta, Inc. was incorporated in 2009 and is headquartered in San Francisco, California.
About Check Point Software Technologies
Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IOT solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against fifth generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile. In addition, the company offers security gateways and software platforms that support small and medium sized business. Further, it provides cloud network security, cloud native application protection, security and posture management, cloud identity and entitlement, cloud workload protection, cloud detection and response, and cloud web application protection for web applications and APIs; and Check Point Harmony that delivers endpoint and secure connectivity for remote user access. Additionally, the company offers technical customer support programs and plans; professional services in implementing, upgrading, and optimizing Check Point products comprising design planning and security implementation; and certification and educational training services on Check Point products. It sells its products through distributors, resellers, system integrators, original equipment manufacturers, and managed security service providers. Check Point Software Technologies Ltd. was incorporated in 1993 and is headquartered in Tel Aviv, Israel.
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