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


The leading market experts have placed a mean price target of $87.04 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 $1.12 a share for the upcoming quarter and $4.54 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 $83.34, and stock is hovering -5.17 or -6.21% distant from $83.34. It is noted that the 200-day MA is $82.40, and Check Point Software Technologi stock is $-4.23 or -5.13% 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 $-11.81, it will post a 52-week high. In event of $+20.10% 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 20.40. The stock last ended the trading session at $78.17 and registered a market cap of $13.55B. 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 1.62.

1 Chart Pattern Every Investor Should Know

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