Somewhat Positive Media Coverage Somewhat Unlikely to Impact Check Point Software Technologies (CHKP) Share Price
Media coverage about Check Point Software Technologies (NASDAQ:CHKP) has been trending somewhat positive on Friday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Check Point Software Technologies earned a coverage optimism score of 0.24 on Accern’s scale. Accern also gave press coverage about the technology company an impact score of 46.3311825472689 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news stories that may have effected Accern’s rankings:
- China Lodging Group, Limited, (NASDAQ: HTHT),Check Point Software Technologies Ltd., (NASDAQ: CHKP … – Hot Stocks In Focus (press release) (reagentsglobalmarket.com)
- Check Point Software Technologies Ltd. (NASDAQ:CHKP) – Where Relative Volume Stands? – Nasdaq Journal (press release) (nasdaqjournal.com)
- Check Point Software Technologies Ltd. (CHKP) Expected to Post Quarterly Sales of $508.60 Million (americanbankingnews.com)
- $1.51 EPS Expected for Check Point Software Technologies Ltd. (CHKP) This Quarter (americanbankingnews.com)
- Here’s Why the Best Is Yet to Come for Check Point Software Technologies Ltd. (fool.com)
Check Point Software Technologies (NASDAQ CHKP) traded up $0.01 during trading on Friday, hitting $104.30. 926,947 shares of the stock traded hands, compared to its average volume of 1,130,879. The company has a market capitalization of $17,310.00, a PE ratio of 21.94, a P/E/G ratio of 2.24 and a beta of 0.67. Check Point Software Technologies has a 52-week low of $80.78 and a 52-week high of $119.20.
A number of equities research analysts have issued reports on CHKP shares. Barclays lowered their target price on shares of Check Point Software Technologies from $110.00 to $106.00 and set an “equal weight” rating on the stock in a report on Wednesday, November 1st. Robert W. Baird reissued a “hold” rating and set a $115.00 target price on shares of Check Point Software Technologies in a report on Wednesday, November 1st. KeyCorp reissued a “hold” rating on shares of Check Point Software Technologies in a report on Friday, October 27th. Piper Jaffray Companies set a $108.00 target price on shares of Check Point Software Technologies and gave the company a “hold” rating in a report on Friday, August 25th. Finally, Royal Bank Of Canada reissued a “hold” rating and set a $105.00 target price on shares of Check Point Software Technologies in a report on Wednesday, October 18th. Twenty investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $113.60.
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About Check Point Software Technologies
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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