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How to Buy Check Point Software Technologies Stock

Check Point Software Technologies Ltd

Check Point Software Technologies Ltd. develops, markets, and supports a range of products and services for IT security worldwide.

Check Point Software Technologies stock last closed at $128.46, down 0.38% from the previous day, and has increased 1.41% in one year. It has overperformed other stocks in the Software - Infrastructure industry by 0.19 percentage points. Check Point Software Technologies stock is currently +19.45% from its 52-week low of $107.54, and -14.14% from its 52-week high of $149.62.

At the moment, there are 127.7M CHKP shares outstanding. The market value of CHKP is $16.40B. In the last 24 hours, 566,893 CHKP shares were traded.

How to Buy Check Point Software Technologies Stock

Not sure how to invest in Check Point Software Technologies stock? Here's how.
  1. Decide where to buy Check Point Software Technologies stock: You need to decide on an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you decide where to buy Check Point Software Technologies stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Put funds into your brokerage account: Choose your method of payment and add your info.
  4. Analyze Check Point Software Technologies stock: The Check Point Software Technologies ticker symbol is CHKP. Is Check Point Software Technologies stock a good investment? Should you buy shares of CHKP? How do CHKP's underlying business fundamentals look? Do top analysts think Check Point Software Technologies is a good buy? Why has CHKP's stock price moved recently? (Hint: Our stock analysis website can help you evaluate if CHKP is a good stock to buy).
  5. Make your CHKP trade: Decide if you will purchase CHKP shares at the current market price or use a limit order to buy CHKP stock at a specific price.
  6. Watch your CHKP investment: Create a watchlist to get the latest news on your investment in Check Point Software Technologies shares.

Step 1: Decide where to buy Check Point Software Technologies stock

You need a brokerage account in order to access the NASDAQ market and buy CHKP stock.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've picked the right brokerage, you'll need to fill out some personal info so you can buy CHKP stock today.

How to Start a New Brokerage Account on eToro

  1. Click here to get started.
  2. Input your personal details to create a new brokerage account.
  1. Send your data by hitting the "Create Account" button.
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Step 3: Put funds into your brokerage account

Now that you have created your account on the best investment app, your next step is to transfer the money for your investment:

Check out the video below to see the process of transferring money into your brokerage account.

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Step 4: Analyze Check Point Software Technologies stock

Once you have decided on the best place to buy Check Point Software Technologies stock, it's absolutely critical to research their stock before you invest, so you can comprehend the risk as well as the upside.

Check Point Software Technologies quick stats

CHKP Price
$128.46
1w %
-0.44%
1y %
1.41%
5y %
27.19%
P/E
20.96x
P/B
5.63x
P/S
6.97x
PEG
1.81x
Revenue
$2.29B
Earnings
$786.70M
Fore. Rev. Growth
6.09%
Fore. Earn. Growth
14.3%
Market Cap
$16.40B
Next Earnings
Feb 13, 2023
Next Dividend
N/A

Fundamentals of CHKP

WallStreetZen was created to help everyday investors do more in-depth fundamental analysis quickly.

You can view all of the due diligence checks on CHKP's stock page.

Is CHKP stock undervalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge CHKP's true value.

Using relative valuations measures:

  • CHKP may be overvalued based on its P/E ratio of 20.96x, relative to Software - Infrastructure industry P/E ratio of 15.22x
  • CHKP may be undervalued based on its P/B ratio of 5.63x, relative to Software - Infrastructure industry P/B ratio of 10.44x
  • CHKP could be overvalued based on its PEG ratio of 1.81x

You can access additional valuation research on CHKP's stock here.

CHKP Financial Summary

Signs that CHKP is financially healthy:

  • CHKP's operating cash flow of $1.17B allows it to safely service it's debt of $0.00.
  • There are more short-term assets than short-term liabilities on the CHKP balance sheet.
  • There are more short-term assets than long-term liabilities on the CHKP balance sheet.
  • CHKP earnings of $914.80M is not sufficient to cover its interest payments.

Signs that CHKP is not financially healthy:

  • Total CHKP debt is higher than 5 years ago, relative to shareholder equity.
  • CHKP profit margin has gone down from 38.8% to 34.3% in the past year.
  • CHKP has a relatively high debt to equity ratio of 0.88.

Is it a good time to buy CHKP stock, according to analysts?

Out of 20 sell side analysts who give recommendations on CHKP, the consensus analyst rating on Check Point Software Technologies is a Hold

Please note that analyst ratings are not recommendations, nor are they financial advice.

Most Recent CHKP Analyst Ratings

Brian Essex, a bottom 11% analyst from JP Morgan initiates coverage on CHKP with a hold rating and announces their CHKP price target of $134.00, on Jan 24, 2023.

Brad Zelnick, a top 14% analyst from Deutsche Bank downgrades CHKP to a hold rating and lowers their CHKP price target from $160.00 to $150.00, on Jan 23, 2023.

Patrick Colville, a bottom 2% analyst from ScotiaBank initiates coverage on CHKP with a buy rating and announces their CHKP price target of $160.00, on Jan 18, 2023.

Andrew Nowinski, a bottom 24% analyst from Wells Fargo upgrades CHKP to a hold rating and maintains their CHKP price target from $130.00 to $130.00, on Jan 17, 2023.

Joseph Gallo, a top 39% analyst from Jefferies upgrades CHKP to a strong buy rating and raises their CHKP price target from $135.00 to $150.00, on Jan 5, 2023.

You can dig deeper into what analysts are saying on the Check Point Software Technologies stock forecast page.

CHKP Trading Indicators

SMA10
128.45
SMA20
128.43
SMA50
129.26
SMA100
124.22
SMA200
124.05
MACD
0.1
MACD Signal
0.14
MACD Histogram
-0.03
RSI
50.01
Stochastic %K
47.4
Stochastic %D
45.95
StochRSI %K
44.21
StochRSI %D
39.04

CHKP Earnings

Last year, CHKP earnings were $786.70M. Over the last five year, CHKP's earnings have increased by 5.14% per year. This was slower than the Software - Infrastructure industry average of 30.39%.

Last year, CHKP revenue was $2.29B. In the past five year, CHKP's revenue has gone up by 4.53% per year. This was slower than the Software - Infrastructure industry average of 19.96%.

Find out more about CHKP's earnings and revenue performance here.

Who is buying/selling CHKP?

Over the past 12 months, executives and large shareholders at CHKP have not bought or sold any shares.

Get more info about who owns CHKP stock here.

Can I rely on CHKP as an income stream?

No, Check Point Software Technologies doesn't provide an income stream by paying out dividends.

CHKP Social Trading Data

One of the primary reasons eToro is our highest-rated brokerage is because of its social trading community.

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Step 5: Make your CHKP trade

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best available price.
    Market orders are generally fine for most investors.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a specific dollar amount limit, use a limit order.

Press the Open button and eToro will execute the order.

If you require additional assistance buying stocks on eToro, click the how to video below:

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Step 6: Watch your CHKP investment

Now that you own some CHKP shares, you'll want to keep up with your investment.

Put CHKP on a watchlist to keep track of your CHKP stock.

CHKP Feed

How to Buy Stock in Check Point Software Technologies

To reiterate, here are the 6 steps to buy stock in Check Point Software Technologies:

  1. Decide where to buy Check Point Software Technologies stock
  2. Open a brokerage account
  3. Put funds into your brokerage account
  4. Analyze Check Point Software Technologies stock
  5. Make your CHKP trade
  6. Watch your CHKP investment

If you require a online brokerage, eToro is our recommended option.

Get Started with eToro Today

If you want to get the latest scoop on your investment in Check Point Software Technologies, hit the button below to create your watchlist.

NASDAQ: CHKP
$128.46-0.49 (-0.38%)
Updated Feb 3, 2023
Open eToro Account
NASDAQ: CHKP
$128.46-0.49 (-0.38%)
Updated Feb 3, 2023
Open eToro Account

FAQ

How much does it cost to buy one Check Point Software Technologies share?

As of Feb 3, 2023, it costs $128.46 to buy one share of Check Point Software Technologies stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.078 shares of CHKP.

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Is now a good time to buy Check Point Software Technologies stock?

According to 20 Wall Street analysts who monitor Check Point Software Technologies, their consensus recommendation is to hold Check Point Software Technologies stock.

What is the best way to buy Check Point Software Technologies stock?

One way to place an order for Check Point Software Technologies stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.