|Bid||105.40 x 500|
|Ask||108.00 x 500|
|Day's Range||106.00 - 107.75|
|52 Week Range||74.34 - 116.63|
|PE Ratio (TTM)||24.67|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The timing of Yom Kippur is likely to significantly impact third-quarter numbers at the network security company.
Categories: Yahoo FinanceGet free summary analysis Check Point Software Technologies Ltd. reports financial results for the quarter ended June 30, 2017. We analyze the earnings along side the following peers of Check Point Software Technologies Ltd. – HP Inc., International Business Machines Corporation and Palo Alto Networks, Inc. (HPQ-US, IBM-US and PANW-US) that have also reported for ... Read more (Read more...)
Co-founder and CEO of Check Point Software Technologies Ltd. (NASDAQ:CHKP) Gil Shwed is blaming an unusual suspect for the 8% drop in company shares on Wednesday, despite beating the Street’s expectations with 2Q revenues of $458.6 million, indicating an 8.5% year over year rise. Shwed revealed that the company usually sees heightened sales activity at the end of the each quarter. While many are skeptical of Shwed's claim pointing fingers at Yom Kippur for weakness, top analyst Shaul Eyal of Oppenheimer is backing the CEO's narrative, even going as far as to praise the short-term challenge as an “attractive entry point” opportunity for investors.