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 most optimistic analyst gave a price target of 132, implying a possible profit of 23.86 percent. The minimum price target given was 74, implying a possible loss of -30.56 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -2.44 percent. The average change in earnings estimates over the last 90 days is -2.44 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.31 percent, compared to last month. 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. 2 analysts made positive revisions to their quarterly estimates over the past month, while 6 analysts made negative revisions. Also over the last month, 9 analysts increased their estimates for the FY earnings, compared to 3 analysts that revised their FY estimates downwards.

Analysts estimate earnings of CHKP to grow at a rate of 4.78 percent. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of CHKP is 4.95.

In the last 52-weeks, CHKP has achieved a high of 116.63 and a low of 74.34. Today's price is 43.35 percent above the 52-week low, and below the high by 8.63 percent. CHKP has a P/E 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.