Check Point Software Technologies Ltd. (NASDAQ:CHKP) – Investment analysts at First Analysis issued their Q4 2016 earnings per share estimates for Check Point Software Technologies in a research note issued on Wednesday. First Analysis analyst C. Nankervis expects that the brokerage will earn $1.22 per share for the quarter.
Check Point Software Technologies (NASDAQ:CHKP) last announced its quarterly earnings results on Tuesday, July 26th. The company reported $1.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.07 by $0.02. During the same period in the prior year, the business earned $0.99 earnings per share. The firm had revenue of $423 million for the quarter, compared to the consensus estimate of $422.19 million. The company’s revenue for the quarter was up 7.0% on a year-over-year basis.
Other equities analysts have also issued reports about the stock. Bank of America Corp. reissued a “buy” rating on shares of Check Point Software Technologies in a research report on Tuesday, April 19th. Topeka Capital Markets dropped their price objective on shares of Check Point Software Technologies from $102.00 to $92.00 and set a “buy” rating on the stock in a research report on Wednesday, March 30th. Pacific Crest reissued a “buy” rating on shares of Check Point Software Technologies in a research report on Sunday, May 22nd. Jefferies Group reissued a “buy” rating on shares of Check Point Software Technologies in a research report on Friday, June 10th. Finally, Wunderlich increased their price objective on shares of Check Point Software Technologies from $95.00 to $105.00 and gave the company a “buy” rating in a research report on Wednesday. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $91.09.
Check Point Software Technologies Ltd (Check point) develops, markets and supports a range of products and services for information technology (IT) security. The products and services are sold to enterprises, service providers, small and medium sized businesses and consumers. The Checkpoint’s Software Blade architecture offers enterprises a common 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.
