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.

CHKP was given price targets by several analysts. The maximum price target given was 132, implying potential capital gains of 23.86 percent. The minimum price target given was 74, which equates to a potential downside of -30.56 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

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. Over the past 30 days, FY earnings estimates have also changed upwards by 0.31 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.32 percent.

People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 6 analysts that decreased their estimates. During this time, 9 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 3 analysts that revised their FY estimates downwards.

The growth rate of CHKP's earnings is estimated by analysts to be 4.78 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of CHKP is 4.95.

CHKP has a 52-week high of 116.63 and a 52-week low of 74.34. Today's price is 43.35 percent above the 52-week low, and 8.63 percent lower than its 52-week high. 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 market cap of CHKP is $17.39 billion. CHKP will post this quarters earnings in days, on 0000-00-00.