Check Point Software Technologies Ltd. (NASDAQ:CHKP) Projected EPS At $1.23 For Next Quarter


Check Point Software Technologies Ltd. (NASDAQ:CHKP) has a mean price target of $83.55 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $1.23 a share for the very next quarter and $4.47 for this year.

Technical View

The technical study of Check Point Software Technologi demonstrates that the 50-day moving average of Check Point Software Technologies Ltd. (NASDAQ:CHKP) stock is $76.65, and is trading $0.63 points away or +0.82% from 50-day moving average of $76.65. It is trading $-4.40 or -5.39% away 200-day moving average of $81.68.

The 52-week high of Check Point Software Technologies Ltd. (NASDAQ:CHKP) was $89.98 while $71.64 is the low mark in the same period. It state Check Point Software Technologi share price has to surge more than $-12.70 to hit 52-week high or drop +7.87% to make a 52-week mark. MA here hints at moving average.

Taking the valuation part to reach the estimation of Check Point Software Technologi, investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Check Point Software Technologies Ltd. (NASDAQ:CHKP) ratio came in at 19.84, after dividing current equity price by yearly earnings. Check Point Software Technologi stock recorded a close of $77.28 in last trading session, registering a market cap of $13.21B.

The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.

Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. Check Point Software Technologies Ltd. (NASDAQ:CHKP) PEG ratio is at 1.71.

1 Chart Pattern Every Investor Should Know

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