The price of Check Point Software Technologies Ltd. (NASDAQ: CHKP) closed at $165.65 in the last session, up 0.07% from day before closing price of $165.53. In other words, the price has increased by $+0.12 from its previous closing price. On the day, 520100 shares were traded.
Ratios:
We take a closer look at CHKP’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.40. For the most recent quarter (mrq), Quick Ratio is recorded 1.08 and its Current Ratio is at 1.18. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On December 15, 2023, Susquehanna started tracking the stock assigning a Positive rating and target price of $190.Susquehanna initiated its Positive rating on December 15, 2023, with a $190 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CHKP now has a Market Capitalization of 19.38B and an Enterprise Value of 17.85B. As of this moment, Check’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.29, and their Forward P/E ratio for the next fiscal year is 16.52. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.28 while its Price-to-Book (P/B) ratio in mrq is 7.18. Its current Enterprise Value per Revenue stands at 7.39 whereas that against EBITDA is 18.86.
Stock Price History:
Over the past 52 weeks, CHKP has reached a high of $168.82, while it has fallen to a 52-week low of $117.18. The 50-Day Moving Average of the stock is 160.84, while the 200-Day Moving Average is calculated to be 142.05.
Shares Statistics:
According to the various share statistics, CHKP traded on average about 746.96K shares per day over the past 3-months and 708.67k shares per day over the past 10 days. A total of 120.76M shares are outstanding, with a floating share count of 95.87M. Insiders hold about 20.61% of the company’s shares, while institutions hold 69.80% stake in the company. Shares short for CHKP as of Feb 29, 2024 were 2.82M with a Short Ratio of 3.78, compared to 2.71M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.41% and a Short% of Float of 3.21%.
Earnings Estimates
The company has 29 analysts who recommend its stock at the moment. On average, analysts expect EPS of $2 for the current quarter, with a high estimate of $2.05 and a low estimate of $1.87, while EPS last year was $1.8. The consensus estimate for the next quarter is $2.16, with high estimates of $2.25 and low estimates of $2.06.
Analysts are recommending an EPS of between $9.3 and $8.93 for the fiscal current year, implying an average EPS of $9.07. EPS for the following year is $10.02, with 32 analysts recommending between $11 and $9.36.
Revenue Estimates
According to 29 analysts, the current quarter’s revenue is expected to be $594.81M. It ranges from a high estimate of $602M to a low estimate of $591.2M. As of the current estimate, Check Point Software Technologies Ltd.’s year-ago sales were $566.2M, an estimated increase of 5.10% from the year-ago figure. For the next quarter, 29 analysts are estimating revenue of $623.39M, an increase of 5.90% over than the figure of $5.10% in the same quarter last year. There is a high estimate of $633.51M for the next quarter, whereas the lowest estimate is $615.5M.
A total of 32 analysts have provided revenue estimates for CHKP’s current fiscal year. The highest revenue estimate was $2.61B, while the lowest revenue estimate was $2.53B, resulting in an average revenue estimate of $2.56B. In the same quarter a year ago, actual revenue was $2.41B, up 5.80% from the average estimate. Based on 31 analysts’ estimates, the company’s revenue will be $2.69B in the next fiscal year. The high estimate is $2.82B and the low estimate is $2.62B. The average revenue growth estimate for next year is up 5.30% from the average revenue estimate for this year.
