Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) issued an update on its second quarter 2024 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of 2.100-2.200 for the period. The company issued revenue guidance of $607.0 million-$637.0 million.
Check Point Software Technologies Stock Down 1.1 %
NASDAQ:CHKP opened at $151.20 on Friday. Check Point Software Technologies has a 52 week low of $117.18 and a 52 week high of $168.82. The stock has a market capitalization of $18.26 billion, a PE ratio of 21.00, a price-to-earnings-growth ratio of 2.48 and a beta of 0.61. The stock’s 50-day moving average price is $161.41 and its 200-day moving average price is $152.89.
Check Point Software Technologies (NASDAQ:CHKP – Get Free Report) last posted its earnings results on Thursday, April 25th. The technology company reported $1.72 EPS for the quarter, meeting analysts’ consensus estimates of $1.72. Check Point Software Technologies had a return on equity of 31.30% and a net margin of 34.33%. The firm had revenue of $598.80 million for the quarter, compared to analysts’ expectations of $595.28 million. Sell-side analysts expect that Check Point Software Technologies will post 7.85 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Read Our Latest Stock Report on CHKP
Check Point Software Technologies Company Profile
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.
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