Check Point Software Technologies (CHKP) Scheduled to Post Earnings on Wednesday

Check Point Software Technologies (NASDAQ:CHKP) is set to issue its quarterly earnings data before the market opens on Wednesday, April 25th. Analysts expect the company to announce earnings of $1.30 per share for the quarter. Check Point Software Technologies has set its Q1 guidance at $1.25-1.30 EPS and its FY18 guidance at $5.50-5.90 EPS.

Check Point Software Technologies (NASDAQ:CHKP) last issued its earnings results on Wednesday, January 31st. The technology company reported $1.58 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.38 by $0.20. The business had revenue of $506.00 million during the quarter, compared to analysts’ expectations of $508.66 million. Check Point Software Technologies had a return on equity of 22.74% and a net margin of 43.29%. Check Point Software Technologies’s revenue was up 4.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.46 earnings per share. On average, analysts expect Check Point Software Technologies to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

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Shares of Check Point Software Technologies stock opened at $102.80 on Tuesday. Check Point Software Technologies has a 12 month low of $95.03 and a 12 month high of $119.20. The firm has a market capitalization of $16,708.77, a PE ratio of 21.02, a price-to-earnings-growth ratio of 2.01 and a beta of 0.65.

Several brokerages recently issued reports on CHKP. BidaskClub upgraded Check Point Software Technologies from a “sell” rating to a “hold” rating in a report on Friday, April 13th. Zacks Investment Research upgraded Check Point Software Technologies from a “sell” rating to a “hold” rating in a report on Monday, February 5th. Wells Fargo lowered Check Point Software Technologies from an “outperform” rating to a “market perform” rating and increased their price objective for the stock from $103.41 to $117.00 in a report on Thursday, February 1st. JPMorgan Chase cut their price objective on Check Point Software Technologies to $113.00 and set a “neutral” rating for the company in a report on Wednesday, January 31st. Finally, Cleveland Research lowered Check Point Software Technologies from a “buy” rating to a “neutral” rating in a report on Thursday, January 25th. Twenty-one research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Check Point Software Technologies has a consensus rating of “Hold” and an average target price of $113.99.

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Check Point Software Technologies Company Profile

Check Point Software Technologies Ltd. provides hardware and software products and services for IT security worldwide. The company offers a portfolio of network security, endpoint security, data security, and management solutions. It provides security gateways to protect the networks and prevent the threats of enterprises, data centers, and small and large branch offices; security gateway appliances, including platforms for small business and small office locations, high end and high demanding data centers, and perimeter environments; and security management software, which offers security management through a single console that streamlines security operations and provides visibility into policy administration and threat analysis.

Earnings History for Check Point Software Technologies (NASDAQ:CHKP)

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