Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
In the latest session, Check Point Software Technologies Ltd (NASDAQ: CHKP) closed at $179.88 down -0.84% from its previous closing price of $181.40. In other words, the price has decreased by -$0.84 from its previous closing price. On the day, 1.13 million shares were traded. CHKP stock price reached its highest trading level at $182.52 during the session, while it also had its lowest trading level at $179.34.
Ratios:
For a deeper understanding of Check Point Software Technologies Ltd’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.21. For the most recent quarter (mrq), Quick Ratio is recorded 1.14 and its Current Ratio is at 1.14. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Goldman on January 02, 2025, Downgraded its rating to Neutral and sets its target price to $207 from $204 previously.
On October 30, 2024, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $205 to $195.
BMO Capital Markets reiterated its Market Perform rating for the stock on October 25, 2024, while the target price for the stock was revised from $200 to $238.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 03 ’24 when Dor Dorit bought 55,080 shares for $182.18 per share.
GUY GECHT bought 16,666 shares of CHKP for $3,066,544 on Nov 25 ’24. On Nov 07 ’24, another insider, Greenberg Itay, who serves as the Officer of the company, bought 8,668 shares for $174.01 each.
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 19950852096 and an Enterprise Value of 18442539008. As of this moment, Check’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.61, and their Forward P/E ratio for the next fiscal year is 18.12. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.70 while its Price-to-Book (P/B) ratio in mrq is 6.99. Its current Enterprise Value per Revenue stands at 7.305 whereas that against EBITDA is 19.882.
Stock Price History:
The Beta on a monthly basis for CHKP is 0.64, which has changed by 0.18206704 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, CHKP has reached a high of $210.70, while it has fallen to a 52-week low of $145.75. The 50-Day Moving Average of the stock is -1.94%, while the 200-Day Moving Average is calculated to be 2.42%.
Shares Statistics:
For the past three months, CHKP has traded an average of 714.47K shares per day and 590440 over the past ten days. A total of 109.98M shares are outstanding, with a floating share count of 85.10M. Insiders hold about 22.62% of the company’s shares, while institutions hold 72.05% stake in the company. Shares short for CHKP as of 1734048000 were 3021554 with a Short Ratio of 4.23, compared to 1731628800 on 3180159. Therefore, it implies a Short% of Shares Outstanding of 3021554 and a Short% of Float of 3.82.
