|Bid||118.54 x 1200|
|Ask||118.59 x 1300|
|Day's Range||118.28 - 121.50|
|52 Week Range||93.76 - 132.76|
|Beta (3Y Monthly)||0.70|
|PE Ratio (TTM)||23.06|
|Earnings Date||Apr 23, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||121.33|
Will Proofpoint Continue to Beat Earnings Estimates in Q1?Revenue expected to rise 22.70%High-growth cybersecurity (HACK) company Proofpoint (PFPT) is scheduled to announce its first-quarter earnings results on April 25. Analysts expect the company
Check Point (CHKP) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).
Check Point Software Technologies reported slim earnings and revenue growth that narrowly topped views for the first quarter. Shares of the firewall software maker fell in early trading.
SAN CARLOS, Calif., April 18, 2019 -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber-security solutions globally, last week at Next ’19.
On a per-share basis, the Tel Aviv Israel, Israel-based company said it had profit of $1.15. Earnings, adjusted for stock option expense and amortization costs, were $1.32 per share. The results beat Wall ...
Network security provider Check Point Software Technologies reported quarterly net profit that beat expectations, boosted by higher security subscriptions. "We had good results in the first quarter with 13 percent growth in our security subscriptions including advanced solutions for cloud and mobile," Chief Executive Gil Shwed said, noting the company launched a series of new products in the quarter.
SAN CARLOS, Calif., April 18, 2019 -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), today announced its financial results for the first quarter ended March 31, 2019..
How Are Cybersecurity Stocks Trading Compared to Valuations?(Continued from Prior Part)Stock returns Cybersecurity (HACK) leader Check Point (CHKP) has generated returns of 26% in the last 12 months. Since the start of 2019, the stock is up by 27%.
How Are Cybersecurity Stocks Trading Compared to Valuations?(Continued from Prior Part)Stock returns Cybersecurity (HACK) stock FireEye (FEYE) has taken investors on a volatile ride over the last few years. The stock generated returns of -16% in the
Check Point's (CHKP) Q1 results are likely to benefit from rapid adoption of its cloud, mobile and zero-day advanced threat prevention technologies.
Understanding Check Point Software Technologies Ltd.'s (NASDAQ:CHKP) performance as a company requires examining more than earnings from one point in time. Today I will take you through a basic sense check to gain perspective on how Che...
Check Point (CHKP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Check Point Software Technologies Ltd NASDAQ/NGS:CHKPView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for CHKP with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding CHKP are favorable with net inflows of $89.97 billion. This was the highest net inflow seen over the last one-year.Error parsing the SmartText Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
SAN CARLOS, Calif., April 09, 2019 -- Check Point Research, the Threat Intelligence arm of Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber.
SAN CARLOS, Calif., April 03, 2019 -- Check Point® Software Technologies Ltd. (NASDAQ: CHKP), a leading provider of cyber security solutions globally, today announced that it.
BlackBerry's (NYSE:BB) fourth-quarter earnings featured strong results and decent guidance. Going forward, BB and BlackBerry stock continue to have multiple strong, positive drivers, including continued expansion of QNX, synergies between core BlackBerry offerings and those of Cylance, continuous, strong licensing revenue and an effective executive team.Source: Shutterstock Despite all of these positive catalysts, some on Wall Street, as I previously predicted might happen, were concerned about the impact of the Cylance deal on the company's near-term profit margins. Those concerns weighed heavily on BlackBerry stock on Monday.Although BB stock may drop back to $8.50 or so over the next month, investors with a time horizon of a year or more should buy BB stock on pullbacks, since the company's longer-term outlook is definitely extraordinarily bright.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHere are five key takeaways from the company's Q4 results and its earnings conference call. Impressive Q4 Results and Decent Guidance, Attractive ValuationBlackBerry's overall fourth-quarter results easily beat expectations on both the top and bottom lines. The revenue of the company's BlackBerry Technology Solutions unit jumped nearly 20% year-over-year to $55 million, an encouraging increase that indicates that the company's previous QNX deals are starting to generate rapidly increasing revenue. BlackBerry's licensing and IP revenue jumped over 70% to $99 million. The unit is likely to continue generating strong revenue going forward. * 10 Tech Stocks That Transformed Their Business Finally, the top line of BlackBerry's Enterprise Software and Services (ESS) fell roughly 15% year-over-year, but both the company and multiple analysts blamed the decline on a new accounting standard. One analyst, TD Securities' Daniel Chan, said that the timing of a major deal also contributed to the YoY decline.Moreover, BlackBerry CEO John Chen said during the company's earnings conference call that ESS' "billings grew strongly on a sequential basis," while BB expects the unit's revenue to rise this year. The CEO noted that he expects the top line of the company's unified endpoint management (UEM) offerings, which make up much of ESS' revenue, to rise by about 10% in FY20, which began in February. He also reported that BB had received over 400 orders from banking customers during the quarter, while the unit also received orders from all three major branches of the U.S. military. All of that information certainly bodes well for the futures of the ESS unit, BB overall and BlackBerry stock.Turning to the company's guidance, using the data Chen provided, BB appears to expect, at the mid-point of its 23%-27% FY20 revenue growth guidance, about $1.13 billion of overall revenue in FY20.Chen explained that the company is "investing for growth," and will have to spend money on integrating Cylance, causing its expenses to rise meaningfully. But the CEO emphasized that the company's profitability will rise throughout the year, meaning after Q1, it will likely be profitable after the current quarter. Additionally, BlackBerry did not clarify the extent to which the guidance includes potential large settlement deals, with court verdicts against a number of companies that BB has sued for patent infringement, including Facebook (NASDAQ:FB), Twitter (NYSE:TWTR) and Snap (NYSE:SNAP).Based on price-sales and price-book ratios, the current valuation of BlackBerry stock is meaningfully lower than that of a number of other companies that focus on IT security. For example, using Chen's guidance and excluding cash, the forward price-sales ratio of BB stock is 4.66, versus forward price-sales ratios, excluding cash and based on analysts' consensus 2019 revenue estimates of 9 for Check Point (NASDAQ:CHKP), 7.5 for CyberArk (NASDAQ:CYBR) and 6.1 for Fortinet (NASDAQ:FTNT). The price-book ratios of CyberArk, CheckPoint and Fortinet are 12.8, 5.2 and 14.3, respectively, versus 2 for BB stock, according to Yahoo Finance. QNX and Radar Are Rapidly ExpandingQNX generated a huge number of design wins -- 22 -- in Q4. Moreover, the operating system's design wins expanded to areas beyond automotive, with eight of the design wins in areas other than automotive. Chen said he expects QNX's revenue to rise 16% this year. Both the high number of design wins and the expansion beyond automotive bode very well for BlackBerry's results and for BlackBerry stock over the long term.Radar, the company's asset-tracking system, added eight new customers in Q4 and received nine repeat orders from existing customers. Additionally, "a number of very large customers" are interested in Radar, Chen stated. Licensing/IP Revenue Will Continue to Be Strong IndefinitelySome analysts and investors who have been bearish on BlackBerry stock have sought to portray the company's licensing and IP revenue as "lumpy" and unreliable. Meanwhile, the fact that the unit's revenue jumped $41 million or 71% YoY in Q4 led some on the Street to assert that it was primarily responsible for the company's better-than-expected results. Taken together, these views may have caused the Street to discount BlackBerry's overall Q4 beat as a one-time phenomenon.But during last week's conference call, Chen and the company's CFO, Steve Capelli, took pains to demonstrate that the licensing and IP revenue will continue to flow indefinitely.Capelli said that the company has been able to deliver "consistent" IP and licensing revenue due to its "pipeline" of patents, while Chen said that the company expects the unit's revenue to drop only 5% this year. He also noted that BB has 10 or 11 years remaining on most of its current patents, has applied for over 100 more patents. and acquired more patents through its Cylance deal. So the owners of BlackBerry stock should expect the company's licensing and IP revenue to be consistently strong going forward. Strong Synergies Between BB and CylanceThe only disappointing part of BlackBerry's results was the guidance for Cylance, which is not expected to be profitable until next year and whose revenue is expected to rise "only" 25%-30%.Nonetheless, it's clear why Chen decided to acquire Cylance. It's strong in PCs and laptops, Chen said, while BlackBerry's strength lies with mobile devices. The acquisition will enable BlackBerry to sell more of its core products to companies that emphasize PCs and laptops, while introducing Cylance's products to companies that focus on securing their mobile devices. Companies that worry about the security of both mobile devices and PCs will now be able to meet all of their security needs with BB. * 10 F-Rated Stocks to Sell in This Narrow Market As I've noted previously, Cylance should make BlackBerry's offerings more appealing to governments. Meanwhile, QNX should be strengthened when Cylance is integrated into the operating system, and BlackBerry should be able to sell its products to many of Cylance's small and medium-sized customers. Finally, the fact that Verizon (NYSE:VZ) recently decided to offer Cylance's products to its customers should boost BlackBerry's results and is a tremendous vote of confidence in Cylance's technology. The Executive Team Has Been StrengthenedChen announced that he was dividing the company into three units; COO Bryan Palma, who has worked for multiple Fortune 500 companies and has a cybersecurity background, will lead BTS (dominated by QNX) and ESS, along with the company's other Internet of Things businesses; Cylance co-founder and CEO Stuart McClure will continue to head Cylance and Capelli will be in charge of the Licensing and IP unit.All three men will report to Chen.I believe that the change is a vote of confidence by Chen in the company's business and outlook, as it indicates that he believes the company is healthy enough for him to step back from managing its day-to-day operations. Additionally, Palma's success at high-level positions in Fortune 500 companies and McClure's track record of building Cylance into a top-notch IT security company indicate that their leadership should be positive for BlackBerry and BlackBerry stock. Finally, the move should free up Chen to focus more on making higher-level deals and partnerships.As of this writing, Larry Ramer owned shares of BlackBerry stock. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Tech Stocks That Transformed Their Business * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos * 7 Weak Blue-Chip Stocks to Trim Immediately Compare Brokers The post BlackBerry Stock Is Bound to Head Much Higher in the Long Run appeared first on InvestorPlace.
Legendary investors such as Jeffrey Talpins and Seth Klarman earn enormous amounts of money for themselves and their investors by doing in-depth research on small-cap stocks that big brokerage houses don't publish. Small cap stocks -especially when they are screened well- can generate substantial outperformance versus a boring index fund. That's why we analyze the […]
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Two important questions to ask before you buy Check Point Software Technologies Ltd. (NASDAQ:CHKP) is, how it makes money and...
The Zacks Analyst Blog Highlights: Check Point, Qualys, Fortinet, CyberArk Software and Palo Alto Networks