On Friday, Check Point Software Technologies Ltd. (NASDAQ: CHKP) was -0.58% drop from the session before settling in for the closing price of $207.44. A 52-week range for CHKP has been $126.57 – $210.70.
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Annual sales at Technology sector company grew by 4.74% over the past five years. When this article was written, the company’s average yearly earnings per share was at 8.00%. With a float of $85.09 million, this company’s outstanding shares have now reached $112.91 million.
Let’s look at the performance matrix of the company that is accounted for 6450 employees. In terms of profitability, gross margin is 87.1%, operating margin of 35.44%, and the pretax margin is 38.76%.
Check Point Software Technologies Ltd. (CHKP) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Check Point Software Technologies Ltd. stocks. The insider ownership of Check Point Software Technologies Ltd. is 22.63%, while institutional ownership is 73.43%. The most recent insider transaction that took place on Sep 09 ’24, was worth 4,604,608. Before that another transaction happened on Sep 04 ’24, when Company’s Director proposed sale 25,000 for $189.99, making the entire transaction worth $4,749,750.
Check Point Software Technologies Ltd. (CHKP) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 8.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.00% during the next five years compared to 6.25% growth over the previous five years of trading.
Check Point Software Technologies Ltd. (NASDAQ: CHKP) Trading Performance Indicators
You can see what Check Point Software Technologies Ltd. (CHKP) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.23. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.12. Likewise, its price to free cash flow for the trailing twelve months is 23.45.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.23, a number that is poised to hit 2.25 in the next quarter and is forecasted to reach 10.05 in one year’s time.
Technical Analysis of Check Point Software Technologies Ltd. (CHKP)
Check Point Software Technologies Ltd. (NASDAQ: CHKP) saw its 5-day average volume 0.74 million, a positive change from its year-to-date volume of 0.68 million. As of the previous 9 days, the stock’s Stochastic %D was 78.36%. Additionally, its Average True Range was 4.02.
During the past 100 days, Check Point Software Technologies Ltd.’s (CHKP) raw stochastic average was set at 93.12%, which indicates a significant increase from 80.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.45% in the past 14 days, which was higher than the 20.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $192.91, while its 200-day Moving Average is $169.11. Nevertheless, the first resistance level for the watch stands at $207.56 in the near term. At $208.89, the stock is likely to face the second major resistance level. The third major resistance level sits at $210.14. If the price goes on to break the first support level at $204.97, it is likely to go to the next support level at $203.72. The third support level lies at $202.39 if the price breaches the second support level.
Check Point Software Technologies Ltd. (NASDAQ: CHKP) Key Stats
There are 112,910K outstanding shares of the company, which has a market capitalization of 22.68 billion. As of now, sales total 2,415 M while income totals 840,300 K. Its latest quarter income was 627,400 K while its last quarter net income were 197,400 K.
