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 $133.48, up 0.15% from the previous day, and has increased 15.15% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.04 percentage points. Check Point Software Technologies stock is currently +24.12% from its 52-week low of $107.54, and -3.69% from its 52-week high of $138.60.
At the moment, there are 118M CHKP shares outstanding. The market value of CHKP is $15.75B. In the last 24 hours, 790,401 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.
- 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.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Choose your method of payment and add your info.
- 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).
- 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.
- 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.
Our favorite brokerage: eToro
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Open eToro AccountStep 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
- Click here to get started.
- Input your personal details to create a new brokerage account.
- Send your data by hitting the "Create Account" button.
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.
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
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 19.21x, relative to Software - Infrastructure industry P/E ratio of 8.48x
- CHKP may be undervalued based on its P/B ratio of 5.57x, relative to Software - Infrastructure industry P/B ratio of 11x
- CHKP could be overvalued based on its PEG ratio of 28.97x
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 $1.07B allows it to safely service it's debt of $0.00.
- CHKP earnings of $964.10M is not sufficient to cover its interest payments.
- There are more short-term assets than long-term liabilities on the CHKP balance sheet.
- CHKP profit margin has gone up from 35.1% to 35.4% in the past year.
- There are more short-term assets than short-term liabilities on the CHKP balance sheet.
Signs that CHKP is not financially healthy:
- CHKP has a relatively high debt to equity ratio of 0.94.
- Total CHKP debt is higher than 5 years ago, relative to shareholder equity.
Is it a good time to buy CHKP stock, according to analysts?
Out of 12 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
Fatima Boolani, a top 13% analyst from Citigroup maintains CHKP with a hold rating and raises their CHKP price target from $125.00 to $135.00, on Aug 30, 2023.
Hamza Fodderwala, a bottom 24% analyst from Morgan Stanley maintains CHKP with a strong sell rating and raises their CHKP price target from $116.00 to $118.00, on Jul 27, 2023.
Matthew Hedberg, a top 7% analyst from RBC Capital maintains CHKP with a hold rating and raises their CHKP price target from $132.00 to $138.00, on Jul 27, 2023.
Keith Bachman, a top 3% analyst from BMO Capital maintains CHKP with a hold rating and raises their CHKP price target from $133.00 to $140.00, on Jul 27, 2023.
Daniel Ives, a top 7% analyst from Wedbush maintains CHKP with a buy rating and raises their CHKP price target from $135.00 to $150.00, on Jul 27, 2023.
You can dig deeper into what analysts are saying on the Check Point Software Technologies stock forecast page.
CHKP Trading Indicators
CHKP Earnings
Last year, CHKP earnings were $840.00M. Over the last five year, CHKP's earnings have increased by 6.34% per year. This was slower than the Software - Infrastructure industry average of 29.59%.
Last year, CHKP revenue was $2.37B. In the past five year, CHKP's revenue has gone up by 4.74% per year. This was slower than the Software - Infrastructure industry average of 17.11%.
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.
Click below to find out what other traders have to say.
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:
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:
- Decide where to buy Check Point Software Technologies stock
- Open a brokerage account
- Put funds into your brokerage account
- Analyze Check Point Software Technologies stock
- Make your CHKP trade
- Watch your CHKP investment
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Check Point Software Technologies, hit the button below to create your watchlist.
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