Check Point Software Technologies Ltd. stock performance trend indicates that the stock price has rallied 19.47% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 30.68% . Looking at the past 52 week period, the stock price is up at 22.22% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Check Point Software Technologies Ltd. has a positive value of 19.19 compared to overall market.Check Point Software Technologies Ltd. is having a Relative Strength Index of 63.58 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Check Point Software Technologies Ltd. (NASDAQ:CHKP) has climbed 1.5% in the past week and advanced 0.21% in the last 4 weeks. The company has outperformed the S&P 500 by 1.26% in the past week but underperformed the index by 0.93% in the last 4 weeks.
Company shares have received an average consensus rating of Hold for the current week Check Point Software Technologies Ltd. (NASDAQ:CHKP) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.5 points or 0.49% at $101.42 with 1,330,723 shares getting traded. Post opening the session at $102.09, the shares hit an intraday low of $101.27 and an intraday high of $102.24 and the price was in this range throughout the day. The company has a market cap of $17,739 million and the number of outstanding shares has been calculated to be 174,901,520 shares. The 52-week high of Check Point Software Technologies Ltd. (NASDAQ:CHKP) is $102.24 and the 52-week low is $74.34.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Check Point Software Technologies Ltd. was Initiated by Monness Crespi & Hardt to Neutral on Mar 14, 2017. Check Point Software Technologies Ltd. was Upgraded by First Analysis Sec on Jan 20, 2017 to Overweight, Price Target of the shares are set at $116.Company shares were Reiterated by BMO Capital Markets on Jan 20, 2017 to Market Perform, Raises Price Target to $ 110 from a previous price target of $95 .Company shares were Reiterated by RBC Capital Mkts on Jan 20, 2017 to Outperform, Raises Price Target to $ 98 from a previous price target of $96 .Check Point Software Technologies Ltd. was Upgraded by JP Morgan to Overweight on Jan 19, 2017.
Check Point Software Technologies Ltd. Last issued its quarterly earnings results on Jan 19, 2017. The company reported $1.46 EPS for the quarter, beating the analyst consensus estimate by $ 0.21. Analyst had a consensus of $1.25. The company had revenue of $486.70 million for the quarter, compared to analysts expectations of $478.07 million. The companys revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.20 EPS.
Check Point Software Technologies Ltd. is a leading provider of policy-based enterprise security and traffic management solutions. Through its patented Stateful Inspection technology, the company delivers Secure Enterprise Connectivity solutions that protect information assets and enhance the performance of enterprise networks. The companys products include the worlds leading enterprise security suite, FireWall-1r, the industrys leading family of virtual private network solutions, VPN-1T, and the industrys premier bandwidth management solution, FloodGate-1T.