Analyst Ratings for Check Point Software Technologies Ltd. (CHKP)

Updated: 2017-07-29

Check Point Software Technologies Ltd. (NASDAQ:CHKP) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Overweight was previously issued for CHKP last month.

A buy rating was issued by 14 analysts, 0 gave an overweight rating, 20 gave a hold rating, 1 gave an underweight rating, and 0 gave a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has decreased by 2.

A number of analysts gave price targets for CHKP. The highest price target was 132, implying a possible profit of 23.86 percent. The most pessimistic price target was 74, implying a possible loss of -30.56 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates downwards for this quarter, by about -2.44 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -2.44 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.31 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.32 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, while 6 analysts made negative revisions. Also over the last month, 9 analysts increased their estimates for the FY earnings, while 3 analysts decreased their estimates.

CHKP has an estimated earnings growth rate of 4.78 percent as forecasted by analysts. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. CHKP has a PEG ratio of 4.95.

In the trailing 52-weeks, CHKP hit 116.63 at the highest peak, while it's lowest trading point was 74.34. The current market price is above the trailing year's low by 43.35 percent, and 8.63 percent lower than its 52-week high. CHKP has a price/earnings ratio of 23.68. Investors typically compare the P/E ratio to a company's peers in the industry. The CHKP value stock report compares CHKP to some of its peers using value stock charts. The stock has a market capitalization of $17.39 billion. CHKP is estimated to release their earnings results for the quarter on 0000-00-00, days from today.