FY2025 EPS Estimates for CHKP Increased by Cantor Fitzgerald

Check Point Software Technologies Ltd. (NASDAQ:CHKP) – Equities research analysts at Cantor Fitzgerald increased their FY2025 earnings per share (EPS) estimates for shares of Check Point Software Technologies in a research note issued on Wednesday, October 29th. Cantor Fitzgerald analyst J. Ruykhaver now anticipates that the technology company will post earnings per share of $9.83 for the year, up from their previous estimate of $8.52. Cantor Fitzgerald currently has a “Neutral” rating and a $220.00 price objective on the stock. The consensus estimate for Check Point Software Technologies’ current full-year earnings is $8.61 per share.

Several other research analysts have also recently issued reports on the stock. Weiss Ratings raised shares of Check Point Software Technologies from a “hold (c)” rating to a “buy (b-)” rating in a report on Thursday. Mizuho set a $225.00 target price on Check Point Software Technologies in a research report on Wednesday. UBS Group raised their price target on Check Point Software Technologies from $210.00 to $215.00 and gave the company a “neutral” rating in a report on Wednesday. Citigroup reaffirmed a “sector perform” rating on shares of Check Point Software Technologies in a report on Wednesday. Finally, Morgan Stanley set a $212.00 price objective on Check Point Software Technologies in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and fifteen have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $230.48.

Check Point Software Technologies Stock Performance

CHKP stock opened at $195.68 on Friday. The stock has a market capitalization of $21.52 billion, a PE ratio of 21.43, a price-to-earnings-growth ratio of 2.97 and a beta of 0.60. The company has a fifty day moving average of $196.51 and a 200-day moving average of $207.95. Check Point Software Technologies has a one year low of $169.01 and a one year high of $234.35.

Check Point Software Technologies (NASDAQ:CHKP) last issued its quarterly earnings results on Tuesday, October 28th. The technology company reported $3.94 earnings per share for the quarter, topping the consensus estimate of $2.45 by $1.49. The firm had revenue of $677.50 million during the quarter, compared to the consensus estimate of $673.60 million. Check Point Software Technologies had a return on equity of 37.91% and a net margin of 37.62%.The company’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same period last year, the company earned $2.25 earnings per share. Check Point Software Technologies has set its FY 2025 guidance at 11.220-11.320 EPS. Q4 2025 guidance at 2.700-2.800 EPS.

Institutional Trading of Check Point Software Technologies

Several large investors have recently bought and sold shares of CHKP. Norges Bank acquired a new position in shares of Check Point Software Technologies during the 2nd quarter worth $714,801,000. Massachusetts Financial Services Co. MA increased its holdings in Check Point Software Technologies by 27.1% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 6,170,455 shares of the technology company’s stock valued at $1,276,729,000 after acquiring an additional 1,317,167 shares in the last quarter. Victory Capital Management Inc. raised its position in Check Point Software Technologies by 2,704.5% during the first quarter. Victory Capital Management Inc. now owns 1,304,551 shares of the technology company’s stock worth $297,333,000 after acquiring an additional 1,258,034 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Check Point Software Technologies by 737.5% in the first quarter. Invesco Ltd. now owns 982,986 shares of the technology company’s stock valued at $224,042,000 after purchasing an additional 865,608 shares in the last quarter. Finally, Schroder Investment Management Group grew its position in shares of Check Point Software Technologies by 2,413.2% in the second quarter. Schroder Investment Management Group now owns 628,858 shares of the technology company’s stock valued at $139,135,000 after purchasing an additional 603,836 shares during the last quarter. Institutional investors and hedge funds own 98.51% of the company’s stock.

About Check Point Software Technologies

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.