On Tuesday, Check Point Software Technologies Ltd (NASDAQ: CHKP) was 0.51% up from the session before settling in for the closing price of $170.18. A 52-week range for CHKP has been $136.19 – $210.70.
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During the last 5-year period, the sales growth of Technology Sector giant was 4.74%. When this article was written, the company’s average yearly earnings per share was at 8.04%. With a float of $85.09 million, this company’s outstanding shares have now reached $112.91 million.
Let’s determine the extent of company efficiency that accounts for 6450 employees. In terms of profitability, gross margin is 86.79%, operating margin of 34.6%, and the pretax margin is 38.16%.
Check Point Software Technologies Ltd (CHKP) Insider Activity
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 73.40%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 8.04% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.00% 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 1.14. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.45. Likewise, its price to free cash flow for the trailing twelve months is 18.58.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.31, a number that is poised to hit 2.65 in the next quarter and is forecasted to reach 9.94 in one year’s time.
Technical Analysis of Check Point Software Technologies Ltd (CHKP)
Looking closely at Check Point Software Technologies Ltd (NASDAQ: CHKP), its last 5-days average volume was 0.93 million, which is a jump from its year-to-date volume of 0.7 million. As of the previous 9 days, the stock’s Stochastic %D was 2.73%. Additionally, its Average True Range was 5.07.
During the past 100 days, Check Point Software Technologies Ltd’s (CHKP) raw stochastic average was set at 30.20%, which indicates a significant increase from 5.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.02% in the past 14 days, which was higher than the 32.44% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $193.66, while its 200-day Moving Average is $171.14. However, in the short run, Check Point Software Technologies Ltd’s stock first resistance to watch stands at $172.62. Second resistance stands at $174.19. The third major resistance level sits at $175.72. If the price goes on to break the first support level at $169.51, it is likely to go to the next support level at $167.98. Should the price break the second support level, the third support level stands at $166.41.
Check Point Software Technologies Ltd (NASDAQ: CHKP) Key Stats
There are 109,983K outstanding shares of the company, which has a market capitalization of 18.81 billion. As of now, sales total 2,415 M while income totals 840,300 K. Its latest quarter income was 635,100 K while its last quarter net income were 206,900 K.
