Cantor Fitzgerald Predicts CHKP FY2025 Earnings

Check Point Software Technologies Ltd. (NASDAQ:CHKP) – Investment analysts at Cantor Fitzgerald issued their FY2025 EPS estimates for shares of Check Point Software Technologies in a note issued to investors on Tuesday, January 21st. Cantor Fitzgerald analyst J. Ruykhaver anticipates that the technology company will earn $8.56 per share for the year. Cantor Fitzgerald has a “Neutral” rating and a $200.00 price target on the stock. The consensus estimate for Check Point Software Technologies’ current full-year earnings is $7.87 per share.

Check Point Software Technologies (NASDAQ:CHKP) last announced its earnings results on Tuesday, October 29th. The technology company reported $2.25 EPS for the quarter, hitting the consensus estimate of $2.25. The company had revenue of $635.10 million for the quarter, compared to analysts’ expectations of $634.96 million. Check Point Software Technologies had a net margin of 33.17% and a return on equity of 31.84%. The business’s revenue for the quarter was up 6.5% on a year-over-year basis. During the same period last year, the firm earned $1.80 earnings per share.

A number of other research firms also recently commented on CHKP. Scotiabank boosted their price target on Check Point Software Technologies from $200.00 to $215.00 and gave the company a “sector outperform” rating in a research note on Tuesday. Jefferies Financial Group upped their price target on shares of Check Point Software Technologies from $220.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday, December 19th. Bank of America cut Check Point Software Technologies from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $205.00 to $195.00 in a report on Wednesday, October 30th. Barclays reduced their price objective on Check Point Software Technologies from $210.00 to $200.00 and set an “equal weight” rating on the stock in a research note on Tuesday, October 29th. Finally, Needham & Company LLC reissued a “hold” rating on shares of Check Point Software Technologies in a report on Wednesday, October 30th. Seventeen research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $203.05.

Check Point Software Technologies Price Performance

Shares of NASDAQ CHKP opened at $192.96 on Wednesday. The stock has a market capitalization of $21.22 billion, a PE ratio of 26.36, a P/E/G ratio of 2.95 and a beta of 0.63. Check Point Software Technologies has a fifty-two week low of $145.75 and a fifty-two week high of $210.70. The business has a fifty day moving average price of $184.17 and a two-hundred day moving average price of $185.99.

Institutional Trading of Check Point Software Technologies

A number of institutional investors have recently bought and sold shares of the company. Bleakley Financial Group LLC lifted its stake in Check Point Software Technologies by 3.3% in the third quarter. Bleakley Financial Group LLC now owns 1,797 shares of the technology company’s stock valued at $346,000 after buying an additional 57 shares during the period. Regatta Capital Group LLC grew its stake in shares of Check Point Software Technologies by 4.9% in the 4th quarter. Regatta Capital Group LLC now owns 1,229 shares of the technology company’s stock valued at $229,000 after buying an additional 57 shares during the period. GAMMA Investing LLC increased its position in Check Point Software Technologies by 53.1% in the 4th quarter. GAMMA Investing LLC now owns 173 shares of the technology company’s stock valued at $32,000 after buying an additional 60 shares in the last quarter. Brighton Jones LLC raised its stake in Check Point Software Technologies by 5.2% during the 3rd quarter. Brighton Jones LLC now owns 1,337 shares of the technology company’s stock worth $258,000 after buying an additional 66 shares during the period. Finally, Patriot Financial Group Insurance Agency LLC increased its holdings in shares of Check Point Software Technologies by 1.2% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 5,402 shares of the technology company’s stock valued at $1,042,000 after acquiring an additional 66 shares in the last quarter. Institutional investors own 98.51% of the company’s stock.

About Check Point Software Technologies

Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide. The company offers a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IOT solutions. It provides Check Point Infinity Architecture, a cyber security architecture that protects against fifth generation cyber-attacks across various networks, endpoint, cloud, workloads, Internet of Things, and mobile.