Check Point Software Technologies (NASDAQ:CHKP) Receiving Somewhat Positive News Coverage, Analysis Finds

Media coverage about Check Point Software Technologies (NASDAQ:CHKP) has been trending somewhat positive this week, according to Accern Sentiment. The research group ranks the sentiment of news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Check Point Software Technologies earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 46.0739509383492 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:

How to Become a New Pot Stock Millionaire

CHKP has been the subject of a number of analyst reports. Zacks Investment Research downgraded Check Point Software Technologies from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. JPMorgan Chase downgraded Check Point Software Technologies from an “overweight” rating to a “neutral” rating and set a $121.00 target price for the company. in a report on Tuesday, December 12th. BidaskClub downgraded Check Point Software Technologies from a “hold” rating to a “sell” rating in a report on Tuesday, January 16th. Wells Fargo downgraded Check Point Software Technologies from an “outperform” rating to a “market perform” rating and lifted their target price for the stock from $103.41 to $117.00 in a report on Thursday, February 1st. Finally, Cleveland Research downgraded Check Point Software Technologies from a “buy” rating to a “neutral” rating in a report on Thursday, January 25th. One investment analyst has rated the stock with a sell rating, twenty-one have given a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $113.67.

Shares of NASDAQ:CHKP traded up $0.30 during mid-day trading on Friday, hitting $99.34. The stock had a trading volume of 1,691,192 shares, compared to its average volume of 900,137. The firm has a market cap of $16,236.42, a PE ratio of 20.31, a PEG ratio of 1.95 and a beta of 0.55. Check Point Software Technologies has a 52 week low of $95.03 and a 52 week high of $119.20.

Check Point Software Technologies (NASDAQ:CHKP) last released its quarterly earnings data on Wednesday, January 31st. The technology company reported $1.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.38 by $0.20. Check Point Software Technologies had a return on equity of 22.74% and a net margin of 43.29%. The company had revenue of $506.00 million for the quarter, compared to analyst estimates of $508.66 million. During the same period in the previous year, the company posted $1.46 EPS. The firm’s revenue for the quarter was up 4.0% compared to the same quarter last year. equities analysts forecast that Check Point Software Technologies will post 5.26 EPS for the current year.

TRADEMARK VIOLATION WARNING: This news story was originally posted by BBNS and is the property of of BBNS. If you are viewing this news story on another website, it was copied illegally and republished in violation of US & international trademark and copyright laws. The correct version of this news story can be accessed at https://baseballnewssource.com/2018/03/31/check-point-software-technologies-chkp-earns-daily-news-sentiment-score-of-0-22/1983894.html.

About Check Point Software Technologies

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.

Insider Buying and Selling by Quarter for Check Point Software Technologies (NASDAQ:CHKP)

Receive News & Ratings for Check Point Software Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Check Point Software Technologies and related companies with MarketBeat.com's FREE daily email newsletter.

 


Latest News

Almora Jr. and Baez Could Become Cubs new One-Two Tandem
Almora Jr. and Baez Could Become Cubs new One-Two Tandem
Red Sox Tie Record for Best Start After 17 Games
Red Sox Tie Record for Best Start After 17 Games
Bryce Harper Hits 406-Foot Home Run While Breaking His Bat
Bryce Harper Hits 406-Foot Home Run While Breaking His Bat
Rick Porcello’s Strong Start Gives Boost to Red Sox
Rick Porcello’s Strong Start Gives Boost to Red Sox
Two Bench Clearing Incidents Revive Red Sox-Yankees Rivalry
Two Bench Clearing Incidents Revive Red Sox-Yankees Rivalry
Xander Bogaerts Goes on Red Sox DL
Xander Bogaerts Goes on Red Sox DL


Leave a Reply

 
© 2006-2018 BBNS.