Check Point Software Technologie (NASDAQ: CHKP) has reported E.P.S. of $1.64 for its first fiscal quarter (ending March 31) versus $1.54 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $7.31 versus $6.61 for the same period a year ago.
Recent Price Action
Check Point Software Technologie (NASDAQ: CHKP) stock suffered a large decline of -5.0% on 4/25/24. The stock closed at $152.95. Moreover, exceptionally high trading volume at 218% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -3.3% during the last week.
Current PriceTarget Research Rating
CHKP’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Check Point Software Technologie has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Check Point Software Technologie has a poor Appreciation Score of 16 but a good Power Rating of 81, triggering the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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