Cantor Fitzgerald Weighs in on CHKP FY2025 Earnings

Check Point Software Technologies Ltd. (NASDAQ:CHKP) – Stock analysts at Cantor Fitzgerald issued their FY2025 earnings per share estimates for Check Point Software Technologies in a research report issued to clients and 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.

A number of other brokerages have also commented on CHKP. Mizuho lifted their price target on Check Point Software Technologies from $178.00 to $205.00 and gave the stock a “neutral” rating in a report on Thursday, October 17th. Barclays cut their price target on shares of Check Point Software Technologies from $210.00 to $200.00 and set an “equal weight” rating on the stock in a report on Tuesday, October 29th. Wedbush lifted their price objective on shares of Check Point Software Technologies from $200.00 to $230.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 9th. Citigroup increased their target price on shares of Check Point Software Technologies from $185.00 to $190.00 and gave the company a “neutral” rating in a research report on Friday, January 17th. Finally, The Goldman Sachs Group cut shares of Check Point Software Technologies from a “buy” rating to a “neutral” rating and lifted their price target for the stock from $204.00 to $207.00 in a report on Thursday, January 2nd. Seventeen research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, Check Point Software Technologies presently has a consensus rating of “Hold” and a consensus price target of $203.05.

Check Point Software Technologies Stock Up 2.7 %

Check Point Software Technologies stock opened at $192.96 on Wednesday. The stock has a market cap of $21.22 billion, a P/E ratio of 26.36, a P/E/G ratio of 2.95 and a beta of 0.63. The company’s 50 day moving average price is $184.17 and its two-hundred day moving average price is $185.99. Check Point Software Technologies has a 52 week low of $145.75 and a 52 week high of $210.70.

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, meeting the consensus estimate of $2.25. Check Point Software Technologies had a net margin of 33.17% and a return on equity of 31.84%. The company had revenue of $635.10 million during the quarter, compared to the consensus estimate of $634.96 million. During the same quarter in the prior year, the company posted $1.80 earnings per share. The firm’s revenue for the quarter was up 6.5% on a year-over-year basis.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of CHKP. FSA Wealth Management LLC bought a new position in shares of Check Point Software Technologies during the 3rd quarter valued at about $27,000. Kathleen S. Wright Associates Inc. purchased a new position in shares of Check Point Software Technologies in the third quarter worth $33,000. GAMMA Investing LLC raised its holdings in Check Point Software Technologies by 53.1% during 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 during the last quarter. Concord Wealth Partners purchased a new stake in Check Point Software Technologies during the 3rd quarter valued at $37,000. Finally, Exchange Traded Concepts LLC grew its holdings in Check Point Software Technologies by 142.7% in the 4th quarter. Exchange Traded Concepts LLC now owns 233 shares of the technology company’s stock worth $44,000 after acquiring an additional 137 shares during the last quarter. Hedge funds and other 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.