Check Point Software Technologies (CHKP) to Release Quarterly Earnings on Tuesday

Check Point Software Technologies (NASDAQ:CHKP) is scheduled to be posting its quarterly earnings results before the market opens on Tuesday, October 29th. Analysts expect the company to announce earnings of $1.93 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.

Check Point Software Technologies Trading Up 0.9 %

Check Point Software Technologies stock opened at $207.16 on Monday. The company has a market capitalization of $23.39 billion, a PE ratio of 28.77, a P/E/G ratio of 3.17 and a beta of 0.62. The stock has a 50-day moving average price of $195.32 and a two-hundred day moving average price of $174.25. Check Point Software Technologies has a 12 month low of $126.57 and a 12 month high of $210.70.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. Mizuho boosted their target price on shares of Check Point Software Technologies from $178.00 to $205.00 and gave the stock a “neutral” rating in a report on Thursday, October 17th. Robert W. Baird raised their target price on Check Point Software Technologies from $200.00 to $210.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 22nd. Needham & Company LLC reiterated a “hold” rating on shares of Check Point Software Technologies in a research report on Thursday, July 25th. Deutsche Bank Aktiengesellschaft raised their price objective on Check Point Software Technologies from $175.00 to $185.00 and gave the stock a “hold” rating in a research report on Thursday, July 25th. Finally, Evercore ISI raised shares of Check Point Software Technologies to a “hold” rating in a research report on Monday, September 16th. Fifteen investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $194.67.

About Check Point Software Technologies

Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IOT solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against fifth generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile.