Equities analysts predict that Check Point Software Technologies Ltd. (NASDAQ:CHKP) will announce earnings per share (EPS) of $1.51 for the current fiscal quarter, Zacks Investment Research reports. Eleven analysts have provided estimates for Check Point Software Technologies’ earnings, with estimates ranging from $1.48 to $1.53. Check Point Software Technologies reported earnings of $1.46 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 3.4%. The firm is scheduled to issue its next quarterly earnings report on Thursday, January 18th.

On average, analysts expect that Check Point Software Technologies will report full year earnings of $5.26 per share for the current financial year, with EPS estimates ranging from $5.19 to $5.29. For the next fiscal year, analysts anticipate that the firm will report earnings of $5.74 per share, with EPS estimates ranging from $5.60 to $5.95. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Check Point Software Technologies.

A number of equities analysts have recently issued reports on CHKP shares. Barclays PLC reiterated a “hold” rating and set a $110.00 target price on shares of Check Point Software Technologies in a research report on Sunday, July 23rd. Citigroup Inc. upped their target price on shares of Check Point Software Technologies from $111.00 to $112.00 and gave the stock a “neutral” rating in a research report on Friday, July 21st. Cowen and Company reiterated a “buy” rating and set a $113.00 target price on shares of Check Point Software Technologies in a research report on Friday, September 8th. Credit Suisse Group started coverage on shares of Check Point Software Technologies in a research report on Tuesday, September 5th. They set a “neutral” rating and a $110.00 target price on the stock. Finally, BMO Capital Markets reiterated a “market perform” rating and set a $115.00 target price (down from $117.00) on shares of Check Point Software Technologies in a research report on Friday, July 21st. Twenty analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Check Point Software Technologies presently has an average rating of “Hold” and a consensus target price of $113.60.

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Check Point Software Technologies (NASDAQ CHKP) opened at $103.63 on Friday. The company has a market cap of $17,220.34, a PE ratio of 22.18, a price-to-earnings-growth ratio of 2.26 and a beta of 0.67. Check Point Software Technologies has a 12-month low of $80.78 and a 12-month high of $119.20.

Institutional investors have recently added to or reduced their stakes in the company. BB&T Investment Services Inc. acquired a new position in shares of Check Point Software Technologies in the second quarter valued at approximately $100,000. Acrospire Investment Management LLC boosted its holdings in shares of Check Point Software Technologies by 150.0% in the second quarter. Acrospire Investment Management LLC now owns 1,000 shares of the technology company’s stock valued at $109,000 after buying an additional 600 shares during the period. Fiduciary Trust Co. acquired a new position in shares of Check Point Software Technologies in the second quarter valued at approximately $145,000. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA boosted its holdings in shares of Check Point Software Technologies by 1.4% in the second quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 1,425 shares of the technology company’s stock valued at $151,000 after buying an additional 20 shares during the period. Finally, Tower Research Capital LLC TRC acquired a new position in shares of Check Point Software Technologies in the second quarter valued at approximately $155,000. Institutional investors own 68.23% of the company’s stock.

Check Point Software Technologies Company Profile

Check Point Software Technologies Ltd. (Check point) develops, markets and supports a range of products and services for information technology (IT) security. The Company’s products and services are sold to enterprises, service providers, small and medium sized businesses and consumers. It offers enterprises a platform to deploy independent, modular and interoperable security applications (Software Blades), such as firewall, virtual private network (VPN), intrusion prevention system (IPS), Application Control, Anti-Bot, antivirus, data loss prevention (DLP), policy management, event analysis or multi-domain management.

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

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