$1.05M in average volume shows that Check Point Software Technologies Ltd (CHKP) is heading in the right direction

On Tuesday, Check Point Software Technologies Ltd (NASDAQ: CHKP) was 2.39% up from the session before settling in for the closing price of $207.36. A 52-week range for CHKP has been $145.75 – $234.35.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 5.17%. When this article was written, the company’s average yearly earnings per share was at 8.16%. With a float of $83.79 million, this company’s outstanding shares have now reached $108.37 million.

Considering the fact that the conglomerate employs 6669 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 86.95%, operating margin of 34.15%, and the pretax margin is 37.9%.

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 22.68%, while institutional ownership is 72.71%. The most recent insider transaction that took place on Apr 08 ’25, was worth 129,752. Before that another transaction happened on Mar 11 ’25, when Company’s Officer proposed sale 27,375 for $225.27, making the entire transaction worth $6,166,766.

Check Point Software Technologies Ltd (CHKP) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.36 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 8.16% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.25% during the next five years compared to 6.34% 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 1.13. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.97. Likewise, its price to free cash flow for the trailing twelve months is 22.38.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 7.46, a number that is poised to hit 2.19 in the next quarter and is forecasted to reach 10.83 in one year’s time.

Technical Analysis of Check Point Software Technologies Ltd (CHKP)

Compared to the last year’s volume of 1.0 million, its volume of 0.97 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 33.25%. Additionally, its Average True Range was 7.58.

During the past 100 days, Check Point Software Technologies Ltd’s (CHKP) raw stochastic average was set at 60.43%, which indicates a significant increase from 38.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.72% in the past 14 days, which was higher than the 28.78% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $221.49, while its 200-day Moving Average is $196.26. Nevertheless, the first resistance level for the watch stands at $214.19 in the near term. At $216.07, the stock is likely to face the second major resistance level. The third major resistance level sits at $219.40. If the price goes on to break the first support level at $208.98, it is likely to go to the next support level at $205.65. Should the price break the second support level, the third support level stands at $203.77.

Check Point Software Technologies Ltd (NASDAQ: CHKP) Key Stats

There are 109,983K outstanding shares of the company, which has a market capitalization of 23.01 billion. As of now, sales total 2,565 M while income totals 845,700 K. Its latest quarter income was 703,700 K while its last quarter net income were 257,500 K.