Equities analysts predict that Check Point Software Technologies Ltd. (NASDAQ:CHKP) will report earnings per share of $1.32 for the current fiscal quarter, according to Zacks Investment Research. Thirteen analysts have made estimates for Check Point Software Technologies’ earnings. The highest EPS estimate is $1.37 and the lowest is $1.29. Check Point Software Technologies posted earnings per share of $1.30 during the same quarter last year, which would indicate a positive year over year growth rate of 1.5%. The firm is scheduled to announce its next quarterly earnings report on Wednesday, April 24th.
On average, analysts expect that Check Point Software Technologies will report full-year earnings of $6.04 per share for the current year, with EPS estimates ranging from $5.88 to $6.25. For the next fiscal year, analysts expect that the firm will report earnings of $6.49 per share, with EPS estimates ranging from $6.21 to $6.80. Zacks’ earnings per share calculations are an average based on a survey of research firms that follow Check Point Software Technologies.
Check Point Software Technologies (NASDAQ:CHKP) last announced its quarterly earnings data on Wednesday, January 30th. The technology company reported $1.68 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.63 by $0.05. The firm had revenue of $526.00 million during the quarter, compared to analyst estimates of $518.03 million. Check Point Software Technologies had a net margin of 42.85% and a return on equity of 22.77%. The business’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period in the previous year, the business posted $1.58 EPS.
Shares of CHKP opened at $127.80 on Monday. The company has a market capitalization of $20.92 billion, a PE ratio of 24.53, a price-to-earnings-growth ratio of 2.39 and a beta of 0.79. Check Point Software Technologies has a fifty-two week low of $93.76 and a fifty-two week high of $128.85.
Institutional investors have recently modified their holdings of the business. Ruggie Capital Group increased its position in Check Point Software Technologies by 650.0% during the 4th quarter. Ruggie Capital Group now owns 300 shares of the technology company’s stock valued at $31,000 after purchasing an additional 260 shares during the period. Ledyard National Bank grew its position in shares of Check Point Software Technologies by 196.4% in the 4th quarter. Ledyard National Bank now owns 326 shares of the technology company’s stock worth $33,000 after buying an additional 216 shares during the period. Benjamin F. Edwards & Company Inc. grew its position in shares of Check Point Software Technologies by 45.5% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 358 shares of the technology company’s stock worth $37,000 after buying an additional 112 shares during the period. Laurel Wealth Advisors LLC purchased a new stake in shares of Check Point Software Technologies in the 4th quarter worth about $56,000. Finally, Bremer Trust National Association purchased a new stake in shares of Check Point Software Technologies in the 4th quarter worth about $61,000. 68.03% of the stock is currently owned by institutional investors and hedge funds.
Check Point Software Technologies Company Profile
Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a portfolio of network and gateway solutions, management solutions, and data and endpoint security solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against 5th generation mega cyber-attacks across various networks, endpoint, cloud, and mobile; security gateways from platforms for small business and small office locations, high end and high demanding data centers, and perimeter environments; and Check Point SandBlast family for threat prevention and zero-day protections.
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