News coverage about Check Point Software Technologies (NASDAQ:CHKP) has trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Check Point Software Technologies earned a coverage optimism score of 0.08 on Accern’s scale. Accern also gave media coverage about the technology company an impact score of 45.9190435825765 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the news headlines that may have impacted Accern Sentiment’s rankings:
- Check Point Software Technologies : Cryptocurrency Mining Presents New Threat to Business, says Check Point (4-traders.com)
- Zacks: Analysts Anticipate Check Point Software Technologies Ltd. (CHKP) Will Post Quarterly Sales of $508.60 Million (americanbankingnews.com)
- Check Point Software Technologies Ltd (NASDAQ: CHKP) – Hot Stock That Must Be in Your Portfolio – Alpha Beta Stock (alphabetastock.com)
- Short Sellers Get Choosy on Cybersecurity Stocks (finance.yahoo.com)
CHKP has been the subject of several research reports. Barclays PLC dropped their price target on shares of Check Point Software Technologies from $110.00 to $106.00 and set an “equal weight” rating for the company in a research note on Wednesday, November 1st. Robert W. Baird reiterated a “hold” rating and set a $115.00 target price on shares of Check Point Software Technologies in a research note on Wednesday, November 1st. KeyCorp reiterated a “hold” rating on shares of Check Point Software Technologies in a research note on Friday, October 27th. Piper Jaffray Companies set a $108.00 target price on shares of Check Point Software Technologies and gave the stock a “hold” rating in a research note on Friday, August 25th. Finally, Royal Bank Of Canada reiterated a “hold” rating and set a $105.00 target price on shares of Check Point Software Technologies in a research note on Wednesday, October 18th. Twenty analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $113.60.
Shares of Check Point Software Technologies (NASDAQ:CHKP) traded up $0.29 during trading hours on Tuesday, hitting $102.80. 2,356,600 shares of the stock were exchanged, compared to its average volume of 1,131,316. Check Point Software Technologies has a 1-year low of $80.78 and a 1-year high of $119.20. The stock has a market capitalization of $16,754.53, a PE ratio of 21.58, a price-to-earnings-growth ratio of 2.20 and a beta of 0.67.
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Check Point Software Technologies Company Profile
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.
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