Check Point Software Technologies Ltd [CHKP] stock prices are up 0.31% to $183.25 at the moment. 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 1.87% over the last week, with a monthly amount drifted -2.58%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Check Point Software Technologies Ltd [NASDAQ: CHKP] stock has seen the most recent analyst activity on January 02, 2025, when Goldman downgraded its rating to a Neutral and also boosted its price target to $207 from $204. Previously, BofA Securities downgraded its rating to Neutral on October 30, 2024, and dropped its price target to $195. On October 25, 2024, BMO Capital Markets reiterated its Market Perform rating and revised its price target to $238 on the stock. William Blair upgraded its rating to a Outperform. Raymond James upgraded its rating to a Outperform. Susquehanna started tracking with a Positive rating for this stock on December 15, 2023, and assigned it a price target of $190. In a note dated October 30, 2023, Piper Sandler upgraded an Neutral rating on this stock.
The stock price of Check Point Software Technologies Ltd [CHKP] has been fluctuating between $145.75 and $210.70 over the past year. Currently, Wall Street analysts expect the stock to reach $200 within the next 12 months. Check Point Software Technologies Ltd [NASDAQ: CHKP] shares were valued at $183.25 at the most recent close of the market. An investor can expect a potential return of 9.14% based on the average CHKP price forecast.
Analyzing the CHKP fundamentals
The Check Point Software Technologies Ltd [NASDAQ:CHKP] reported sales of 2.52B for trailing twelve months, representing a surge of 6.51%. 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 181.88 points at the first support level, and at 180.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 184.72, and for the 2nd resistance point, it is at 186.19.
Ratios To Look Out For
It’s worth pointing out that Check Point Software Technologies Ltd [NASDAQ:CHKP]’s Current Ratio is 1.14. As well, the Quick Ratio is 1.14, while the Cash Ratio is 0.32. Considering the valuation of this stock, the price to sales ratio is 7.98, the price to book ratio is 7.13 and price to earnings (TTM) ratio is 25.07.
Transactions by insiders
Recent insider trading involved Dor Dorit, Officer, that happened on Dec 03 ’24 when 55080.0 shares were purchased. Director, GUY GECHT completed a deal on Nov 25 ’24 to buy 16666.0 shares. Meanwhile, Officer Greenberg Itay bought 8668.0 shares on Nov 07 ’24.
