CHKP stock: buy or sell?
September 20th, 2019
Check Point Software Technologies Ltd. provides hardware and software products and services for IT security worldwide. The company offers a portfolio of network security, endpoint security, data security, and management solutions.
Should I buy CHKP stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with Check Point Software stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Check Point Software Technologies stock a buy?
Banks and financial institutions post stock ratings everyday.At Stocks2.com, we gathered 10 ratings published for CHKP stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-9-19||Bank of America||Buy||Underperform|
|2019-9-15||Robert W. Baird||n/a||Hold|
|2019-7-24||Robert W. Baird||n/a||Hold|
CHKP stock analysis
Check Point Software shares stepped up 0.67% to $108.90 today.
Check Point Software closed today at $108.90 and stepped up a tiny 0.67%. Since price and SMA200d lines crossed down on July, CHKP fell $-6.81 per share (-5.89%).
Shares of Check Point Software Technologies ended this week at $108.90 and slipped a fateful -2.66%.
Since price and 40-weeks moving average lines crossed down late July, CHKP fell $-7.18 per share (-6.19%). Stocks under the 40w moving average line are usually not recommended for average traders. Far behind is the all-time high Check Point Software Technologies hit by mid April and since then the price is -17.97% below that top.
CHKP stock price history
CHKP stock went public on June 28th, 1996 with a price of $3.211. Since then, CHKP stock grew a 3,292.50%, with an average of 143.20% per year. If you had invested $1,000 in CHKP stock in 1996, it would worth $32,925.00 today.
1: Adjusted price after possible price splits or reverse-splits.
CHKP stock historical price chart
CHKP stock reached all-time highs on April with a price of $132.76.
CHKP stock price target is $124.30Nobody can reliably foresee how stock prices may evolve in the future. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we found 6 price targets for Check Point Software Technologies stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-9-19||Bank of America||Downgrades||$130.00||$116.00||-10.8%|
|2019-7-24||Robert W. Baird||Reiterates||n/a||$120.00||-|
|2019-4-15||Deutsche Bank||Raises Target||$110.00||$125.00||13.6%|
Financials and fundamental analysis
Earnings date and Earnings per ShareSince last April, when Check Point Software posted its last earnings report, it . As soon as we get its posted EPS from the earnings report, we will update this review.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual sales report draw a fine gain of 3.33% to $1,916.47 million USD. Nevertheless, its profit margin (compared to sales) remained constant to 42.86%, that is $821.31 million. To have an updated view of the financial situation of Check Point Software Technologies, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Check Point Software Technologies TTM sales up to March 2019 were $1,935.98 and income was $814.10 million dollars. If we compare this TTM figures with the last reported annuality, we can review Check Point Software business evolution since December 2018: Annual sales up to March, compared to lastest yearly report, grew a slightly fine 1.02%. In the same way, profit margin (net income/sales) stayed stable at 42.86%.
|2013||$1,390 M||-||$653 M47.0%||-|
|2014||$1,496 M||7.61%||$660 M44.1%||1.04%|
|2015||$1,630 M||8.96%||$686 M42.1%||3.99%|
|2016||$1,741 M||6.84%||$725 M41.6%||5.68%|
|2017||$1,855 M||6.51%||$803 M43.3%||10.77%|
|2018||$1,916 M||3.33%||$821 M42.9%||2.29%|
|TTM||$1,936 M||1.02%||$814 M42.1%||-0.88%|
Quarterly financial resultsCheck Point Software Technologies posted $471.83 million in sales for 2019-Q1, a -10.22% decline compared to previous quarter. Reported quarter earnings marked $179.93 M with a profit margin of 38.14%. Profit margin dropped a -7.20% compared to previous quarter when profit margin was 45.33%. When comparing turnover to same quarter last year, Check Point Software sales marked a nice growth and gained a 4.31%.
|2017-Q2||$459 M||-||$188 M41.1%||-|
|2017-Q3||$455 M||-0.86%||$193 M42.4%||2.30%|
|2017-Q4||$506 M||11.30%||$239 M47.3%||24.19%|
|2018-Q1||$452 M||-10.61%||$187 M41.4%||-21.80%|
|2018-Q2||$468 M||3.41%||$198 M42.3%||5.64%|
|2018-Q3||$471 M||0.65%||$198 M42.1%||0.28%|
|2018-Q4||$526 M||11.62%||$238 M45.3%||20.19%|
|2019-Q1||$472 M||-10.22%||$180 M38.1%||-24.48%|
Check Point Software ownershipWhen you are planning to buy shares of a stock, it's always worth to have a look its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Check Point Software Technologies, 21.93% of all outstanding shares are owned by its staff.
In case of Check Point Software stock, 75.55% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for CHKP stock account 0.00%, no big difference from last month.
For a better understanding, the following table shows ownership data compared to other related stocks:
|Market cap||$16.9 B||$212.3 B||$95.4 M||$3.0 B||$13.4 B|
|Total shares||155.4 M||4,280.0 M||54.5 M||214.8 M||171.0 M|
|Float shares||115.6 M||4,240.0 M||26.1 M||205.9 M||146.2 M|
|- Institutional holdings (%)||75.5%||77.3%||71.5%||75.8%||77.1%|
|- Insider holdings (%)||21.9%||0.1%||3.7%||2.5%||17.1%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$107.81 - $109.25|
|Average true range||$2.12|
|50d mov avg||$110.66|
|100d mov avg||$113.19|
|200d mov avg||$114.57|
Check Point Software performanceTo measure stock performance is always good to benchmark with competitors or related stocks. We picked Cisco Systems, CYREN, FireEye, Fortinet, HP, International Business Machines, Juniper Networks, Microsoft, Palo Alto Networks and Symantec as the bechmarking frame for Check Point Software Technologies stock.
|CHKPCheck Point Softw...||-4.62%||-13.18%||-7.52%|
|PANWPalo Alto Network...||2.15%||-13.81%||-8.99%|