A share price of Check Point Software Technologies Ltd [CHKP] is currently trading at $181.99, up 2.92%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CHKP shares have gain 2.50% over the last week, with a monthly amount drifted -11.39%, and not 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 October 30, 2024, when BofA Securities downgraded its rating to a Neutral and also revised its price target to $195 from $205. Previously, BMO Capital Markets reaffirmed its Market Perform rating on October 25, 2024, and elevated its price target to $238. On January 31, 2024, upgrade upgraded it’s rating to Outperform. Raymond James upgraded its rating to a Outperform. Susquehanna initiated its recommendation with a Positive and recommended $190 as its price target on December 15, 2023. Piper Sandler upgraded its rating to Neutral for this stock on October 30, 2023. In a note dated October 25, 2023, Needham initiated an Hold rating.
Check Point Software Technologies Ltd experienced fluctuations in its stock price throughout the past year between $142.60 and $210.70. Currently, Wall Street analysts expect the stock to reach $160.08 within the next 12 months. Check Point Software Technologies Ltd [NASDAQ: CHKP] shares were valued at $181.99 at the most recent close of the market. An investor can expect a potential drop of -12.04% based on the average CHKP price forecast.
Analyzing the CHKP fundamentals
Trailing Twelve Months sales for Check Point Software Technologies Ltd [NASDAQ:CHKP] were 2.52B which represents 6.51% 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 0.38%, and Net Profit Margin reading is 0.33%. 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.
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 178.46 points at the first support level, and at 174.92 for the second support level. However, for the 1st resistance point, the stock is sitting at 184.52, and for the 2nd resistance point, it is at 187.04.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Check Point Software Technologies Ltd [NASDAQ:CHKP] is 1.14. In addition, the Quick Ratio stands at 1.14 and the Cash Ratio stands at 0.32. Considering the valuation of this stock, the price to sales ratio is 7.93, the price to book ratio is 7.08 and price to earnings (TTM) ratio is 24.90.
Transactions by insiders
Recent insider trading involved Greenberg Itay, Officer, that happened on Nov 07 ’24 when 8668.0 shares were purchased. Officer, Schusheim Sharon completed a deal on Sep 09 ’24 to buy 24438.0 shares. Meanwhile, Director Chelouche Yoav bought 25000.0 shares on Sep 04 ’24.
