The stock price of Check Point Software Technologies Ltd. (NASDAQ: CHKP) has dropped by -0.17 compared to previous close of 158.38. Despite this, the company has seen a fall of -2.24% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-12 that Check Point (CHKP) is revolutionizing email security with its new unified administration features, enhancing effectiveness and increasing productivity.
Is It Worth Investing in Check Point Software Technologies Ltd. (NASDAQ: CHKP) Right Now?
Check Point Software Technologies Ltd. (NASDAQ: CHKP) has a price-to-earnings ratio that is above its average at 22.23x. The stock has a 36-month beta value of 0.62. Opinions on the stock are mixed, with 5 analysts rating it as a “buy,” 8 as “overweight,” 22 as “hold,” and 0 as “sell.”
The public float for CHKP is 89.64M, and at present, short sellers hold a 3.43% of that float. On April 19, 2024, the average trading volume of CHKP was 709.70K shares.
CHKP’s Market Performance
CHKP stock saw a decrease of -2.24% in the past week, with a monthly decline of -4.49% and a quarterly a decrease of 0.24%. The volatility ratio for the week is 1.84%, and the volatility levels for the last 30 days are 1.62% for Check Point Software Technologies Ltd. (CHKP). The simple moving average for the last 20 days is -2.86% for CHKP’s stock, with a simple moving average of 8.68% for the last 200 days.
Analysts’ Opinion of CHKP
Susquehanna gave a rating of “Positive” to CHKP, setting the target price at $190 in the report published on December 15th of the previous year.
CHKP Trading at -2.55% from the 50-Day Moving Average
After a stumble in the market that brought CHKP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.35% of loss for the given period.
Volatility was left at 1.62%, however, over the last 30 days, the volatility rate increased by 1.84%, as shares sank -4.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.11% lower at present.
During the last 5 trading sessions, CHKP fell by -2.57%, which changed the moving average for the period of 200-days by +25.31% in comparison to the 20-day moving average, which settled at $162.36. In addition, Check Point Software Technologies Ltd. saw 3.48% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for CHKP
Current profitability levels for the company are sitting at:
- 0.37 for the present operating margin
- 0.88 for the gross margin
The net margin for Check Point Software Technologies Ltd. stands at 0.35. The total capital return value is set at 0.24. Equity return is now at value 29.23, with 14.62 for asset returns.
Based on Check Point Software Technologies Ltd. (CHKP), the company’s capital structure generated -1.0 points at debt to capital in total, while cash flow to debt ratio is standing at -0.73. The debt to equity ratio resting at -0.5. The interest coverage ratio of the stock is -47.07.
Currently, EBITDA for the company is 946.5 million with net debt to EBITDA at -0.57. When we switch over and look at the enterprise to sales, we see a ratio of 7.15. The receivables turnover for the company is 3.59for trailing twelve months and the total asset turnover is 0.42. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.18.
Conclusion
To sum up, Check Point Software Technologies Ltd. (CHKP) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
