Check Point Software Technologies Ltd. (CHKP) Expected to Post Q1 2018 Earnings of $1.33 Per Share

Check Point Software Technologies Ltd. (NASDAQ:CHKP) – First Analysis issued their Q1 2018 EPS estimates for shares of Check Point Software Technologies in a research report issued on Tuesday. First Analysis analyst C. Nankervis forecasts that the technology company will post earnings of $1.33 per share for the quarter.

A number of other research analysts have also issued reports on CHKP. Oppenheimer Holdings, Inc. restated a “buy” rating and issued a $128.00 target price on shares of Check Point Software Technologies in a report on Wednesday. Robert W. Baird restated a “hold” rating and issued a $115.00 price target on shares of Check Point Software Technologies in a report on Wednesday. Stephens lowered shares of Check Point Software Technologies from an “overweight” rating to an “equal weight” rating and set a $110.00 price target on the stock. in a report on Wednesday. Cowen and Company lowered shares of Check Point Software Technologies from an “outperform” rating to a “market perform” rating and set a $112.00 price target on the stock. in a report on Wednesday. Finally, Credit Suisse Group restated a “neutral” rating and issued a $105.00 price target (down previously from $110.00) on shares of Check Point Software Technologies in a report on Wednesday. Twenty investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. Check Point Software Technologies has an average rating of “Hold” and an average target price of $113.60.

COPYRIGHT VIOLATION NOTICE: “Check Point Software Technologies Ltd. (CHKP) Expected to Post Q1 2018 Earnings of $1.33 Per Share” was first published by Community Financial News and is owned by of Community Financial News. If you are reading this news story on another domain, it was copied illegally and republished in violation of US and international copyright law. The legal version of this news story can be accessed at https://www.com-unik.info/2017/11/02/check-point-software-technologies-ltd-chkp-expected-to-post-q1-2018-earnings-of-1-33-per-share.html.

Hedge funds and other institutional investors have recently modified their holdings of the stock. BB&T Investment Services Inc. bought a new stake in shares of Check Point Software Technologies during the second quarter valued at about $100,000. Acrospire Investment Management LLC raised its stake in shares of Check Point Software Technologies by 150.0% during the second quarter. Acrospire Investment Management LLC now owns 1,000 shares of the technology company’s stock valued at $109,000 after purchasing an additional 600 shares in the last quarter. Fiduciary Trust Co. bought a new stake in shares of Check Point Software Technologies during the second quarter valued at about $145,000. Tower Research Capital LLC TRC bought a new stake in shares of Check Point Software Technologies during the second quarter valued at about $155,000. Finally, Loring Wolcott & Coolidge Fiduciary Advisors LLP MA raised its stake in shares of Check Point Software Technologies by 1.4% during the second quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA now owns 1,425 shares of the technology company’s stock valued at $151,000 after purchasing an additional 20 shares in the last quarter. Institutional investors and hedge funds own 68.07% of the company’s stock.

Check Point Software Technologies Company Profile

Check Point Software Technologies Ltd. (Check point) develops, markets and supports a range of products and services for information technology (IT) security. The Company’s products and services are sold to enterprises, service providers, small and medium sized businesses and consumers. It offers enterprises a platform to deploy independent, modular and interoperable security applications (Software Blades), such as firewall, virtual private network (VPN), intrusion prevention system (IPS), Application Control, Anti-Bot, antivirus, data loss prevention (DLP), policy management, event analysis or multi-domain management.

What are top analysts saying about Check Point Software Technologies Ltd.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Check Point Software Technologies Ltd. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit