Check Point Software Technologies Ltd. (CHKP) is looking forward to a strong quarter

With 0.61 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.73 million shares. The 52-week range on CHKP shows that it touched its highest point at $168.82 and its lowest point at $117.18 during that stretch. It currently has a 1-year price target of $175.20. Beta for the stock currently stands at 0.62.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CHKP was up-trending over the past week, with a rise of 0.25%, but this was down by -0.86% over a month. Three-month performance surged to 5.10% while six-month performance rose 20.44%. The stock gained 24.72% in the past year, while it has gained 6.77% so far this year. A look at the trailing 12-month EPS for CHKP yields 7.11 with Next year EPS estimates of 10.03. For the next quarter, that number is 2.01. This implies an EPS growth rate of 8.07% for this year and 10.22% for next year. EPS is expected to grow by 7.64% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 6.25%.

Float and Shares Shorts:

At present, 112.91 million CHKP shares are outstanding with a float of 95.87 million shares on hand for trading. On Mar 28, 2024, short shares totaled 3.08 million, which was 2.72% higher than short shares on Feb 29, 2024. In addition to Mr. Gil Shwed as the firm’s Founder, CEO & Director, Ms. Rupal Shah Hollenbeck serves as its President.

Institutional Ownership:

Through their ownership of 74.15% of CHKP’s outstanding shares, institutional investors have majority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CHKP since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

Dividends & Yield:

In terms of dividends, CHKP has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and CHKP currently yields $0.00. In the past year, CHKP’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, CHKP has a current buyback yield of $6.99. This was $6.99 for the TTM, and it was $7.83 for the past five years.