Stock To Watch: Check Point Software Technologies Ltd. (NASDAQ:CHKP)


The leading market experts have placed a mean price target of $83.57 on Check Point Software Technologies Ltd. (NASDAQ:CHKP) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $1.23 a share for the upcoming quarter and $4.47 for the current fiscal. Technical View The technical analysis of Check Point Software Technologi plainly substantiates that the 50-day moving average of Check Point Software Technologi is $79.88, and stock is hovering -4.00 or -5.01% distant from $79.88. It is noted that the 200-day MA is $82.02, and Check Point Software Technologi stock is $-6.14 or -7.48% off from this point. Check Point Software Technologies Ltd. (NASDAQ:CHKP) 52-week high is $89.98 and the 52-week low is $65.09. This explains if the stock moves $-14.10, it will post a 52-week high. In event of $+16.58% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Check Point Software Technologi, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Check Point Software Technologies Ltd. (NASDAQ:CHKP) ratio came in at 19.48. The stock last ended the trading session at $75.88 and registered a market cap of $12.97B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Check Point Software Technologies Ltd. (NASDAQ:CHKP) PEG ratio is at 1.67.

1 Chart Pattern Every Investor Should Know

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