Check Point Software Technologies Ltd. (NASDAQ:CHKP) most recently reported quarterly actual earnings per share of $0.97 for the period ending on 2016-06-30. Prior to the company reporting, consensus estimates based on data from Zacks Research projected the company to report EPS of $0.97. The difference between the estimate and the actual EPS was $0 creating a surprise factor of 0%. Currently, the company has an impact score of 0. The likelihood that the stock will move on news is greater with a higher impact score. According to Beta Research, the stock has a sentiment score of 0.312. On a scale between 1 and -1, a positive score tends to portray a favorable view of company results by news outlets. The opposite is true for a negative sentiment score.
In taking a look at where the stock might be headed, analysts have a consensus price target of $88.818 on the shares. The most bullish brokerage firm has a $100 target, while the most bearish sees the stock headed towards $80. This is according to the 11 estimates taken into consideration by Zacks Research.
In terms of Buy/Sell recommendations, analysts have a consensus rating of 2.35. This is according to a simplified scale where 1 represents a Strong Buy and 5 a Strong Sell recommendation. There were 11 recommendations taking into account in order to arrive at this number. Of the 11, 7 have a Strong Buy rating and 1 are rating it a Buy.
Check Point Software Technologies Ltd. (Check Point) develops technologies to communications and transactions over the Internet by enterprises and consumers. Check Point develops, markets and supports a range of software, as well as combined hardware and software products and services for information technology (IT) security. The Company offers its customers a portfolio of network and gateway security solutions, data and endpoint security solutions and management solutions. Its solutions operate under unified security architecture. During the year ended December 31, 2011, Check Point introduced software blades, such as Application Control, URL Filtering, and an antibot software blade. The Company derives its revenues mainly from products, licenses, combined hardware and software products, software updates and maintenance and subscriptions. On April 17, 2012, it introduced ThreatCloud and GAiA unified secure operating system. On November 24, 2011, the Company acquired Dynasec Ltd.
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