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.

Several price targets were given for CHKP by the analysts covering the stock. The most optimistic analyst gave a price target of 132, which equates to a potential upside of 23.86 percent. The most pessimistic price target was 74, implying potential capital losses of -30.56 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -2.44 percent. That number becomes -2.44 percent if we expand the time horizon to include the past 3 months instead of just one. 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.

Another thing investors often look at is the level of agreement among analysts' 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.

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. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, 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.

CHKP has traded between a high of 116.63 and a low of 74.34 over the past year. The current market price is above the trailing year's low by 43.35 percent, and below the high by 8.63 percent. 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's next earnings release will be on 0000-00-00, which is days away.