The price-to-earnings ratio for Check Point Software Technologies Ltd. (NASDAQ: CHKP) is above average at 22.64x. The 36-month beta value for CHKP is also noteworthy at 0.62. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 8 rating it as “overweight,” 22 rating it as “hold,” and 0 rating it as “sell.”
The public float for CHKP is 89.64M, and at present, short sellers hold a 3.43% of that float. The average trading volume of CHKP on April 25, 2024 was 713.15K shares.
CHKP) stock’s latest price update
The stock price of Check Point Software Technologies Ltd. (NASDAQ: CHKP) has jumped by 0.12 compared to previous close of 160.80. Despite this, the company has seen a gain of 1.84% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-24 that Here we take a sneak peek at five stocks in the Zacks Computer and Technology sector due to report first-quarter 2024 earnings on Apr 25.
CHKP’s Market Performance
CHKP’s stock has risen by 1.84% in the past week, with a monthly drop of -2.00% and a quarterly rise of 2.33%. The volatility ratio for the week is 1.39% while the volatility levels for the last 30 days are 1.57% for Check Point Software Technologies Ltd. The simple moving average for the last 20 days is -0.55% for CHKP’s stock, with a simple moving average of 10.29% 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 -0.59% 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 -4.63% of loss for the given period.
Volatility was left at 1.57%, however, over the last 30 days, the volatility rate increased by 1.39%, as shares sank -1.91% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.12% lower at present.
During the last 5 trading sessions, CHKP rose by +1.84%, which changed the moving average for the period of 200-days by +29.25% in comparison to the 20-day moving average, which settled at $161.73. In addition, Check Point Software Technologies Ltd. saw 5.37% 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 -0.97 points at debt to capital in total, while cash flow to debt ratio is standing at -0.74. The debt to equity ratio resting at -0.49. 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 -0.54. When we switch over and look at the enterprise to sales, we see a ratio of 7.32. 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
In summary, Check Point Software Technologies Ltd. (CHKP) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.
