A share price of Check Point Software Technologies Ltd. [CHKP] is currently trading at $197.54, up 3.15%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CHKP shares have gain 4.52% over the last week, with a monthly amount glided 4.71%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Check Point Software Technologies Ltd. [NASDAQ: CHKP] stock has seen the most recent analyst activity on January 31, 2024, when William Blair upgraded its rating to a Outperform. Previously, Raymond James upgraded its rating to Outperform on December 18, 2023. On December 15, 2023, Susquehanna initiated with a Positive rating and assigned a price target of $190 on the stock. Piper Sandler upgraded its rating to a Neutral. Needham initiated its recommendation with a Hold. Morgan Stanley upgraded its rating to Equal-Weight for this stock on October 16, 2023, and upped its price target to $144. In a note dated May 09, 2023, Stifel initiated an Hold rating and provided a target price of $130 on this stock.
Check Point Software Technologies Ltd. experienced fluctuations in its stock price throughout the past year between $126.57 and $196.56. Currently, Wall Street analysts expect the stock to reach $154.65 within the next 12 months. Check Point Software Technologies Ltd. [NASDAQ: CHKP] shares were valued at $197.54 at the most recent close of the market. An investor can expect a potential drop of -21.71% based on the average CHKP price forecast.
Analyzing the CHKP fundamentals
Trailing Twelve Months sales for Check Point Software Technologies Ltd. [NASDAQ:CHKP] were 2.49B which represents 6.57% growth. Gross Profit Margin for this corporation currently stands at 0.87% with Operating Profit Margin at 0.35%, Pretax Profit Margin comes in at 0.39%, and Net Profit Margin reading is 0.34%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.3 and Total Capital is 0.23. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-0.46.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 193.95 points at the first support level, and at 190.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 199.47, and for the 2nd resistance point, it is at 201.40.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Check Point Software Technologies Ltd. [NASDAQ:CHKP] is 1.23. As well, the Quick Ratio is 1.23, while the Cash Ratio is 0.32. Considering the valuation of this stock, the price to sales ratio is 8.74, the price to book ratio is 7.89 and price to earnings (TTM) ratio is 27.32.
Transactions by insiders
Recent insider trading involved Schusheim Sharon, Officer, that happened on Sep 09 ’24 when 24438.0 shares were purchased. Director, Chelouche Yoav completed a deal on Sep 04 ’24 to buy 25000.0 shares. Meanwhile, Officer Dor Dorit bought 0.1 million shares on Sep 03 ’24.
