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Check Point Software Technologies Ltd. (CHKP)

- NASDAQ
  • Jan. 30, 2013, 5:49 PM
    Fortinet (FTNT) guides on its Q4 call for Q1 revenue of $138M-$141M and 2013 revenue of $625M-$635M, mostly above a consensus of $139.6M and $618.9M. The company expects 2013 EPS of $0.60-$0.61, in-line with a $0.61 consensus. Shares +16.3% AH thanks to the guidance and a strong Q4 beat. Recent downgrades aren't looking too smart. Up in sympathy: PANW +3.1%. FIRE +4.9%. CHKP +1%.
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  • Jan. 29, 2013, 7:14 PM
    F5 (FFIV -0.8%) is entering the firewall hardware market: the company's new BIG-IP Advanced Firewall Manager combines several security and network management features offered in the past as modules for its core application delivery controller products - that could be necessary to stand out in a market that features tough competition from incumbents Cisco, Juniper, and Check Point, as well as upstarts such as Palo Alto Networks. (PR) (previous)
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  • Jan. 23, 2013, 5:31 AM
    Check Point Software Technologies Ltd. (CHKP): Q4 EPS of $0.91 beats by $0.03. Revenue of $368.6M (+3.3% Y/Y). (PR)
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  • Jan. 23, 2013, 12:05 AM
    Notable earnings before Wednesday’s open: ABBV, ABT, APD, ATI, BHI, CHKP, COH, DGX, FNFG, GD, LCC, MCD, MSI, NVS, PX, RES, SAP, STJ, TEL, TXT, UTX, WLP
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  • Jan. 22, 2013, 5:30 PM
    Notable earnings before Wednesday’s open: ABBV, ABT, APD, ATI, BHI, CHKP, COH, DGX, FNFG, GD, LCC, MCD, MSI, NVS, PX, RES, SAP, STJ, TEL, TXT, UTX, WLP
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  • Jan. 3, 2013, 2:22 PM
    Security hardware stocks are having a rough day: Palo Alto Networks (PANW -3.1%), Fortinet (FTNT -7.8%), Sourcefire (FIRE -3.6%), and Check Point (CHKP -5%) are among the losers. Stephens has started coverage on Palo Alto with an Equal Weight and $50 PT; shares of the fast-growing and richly-valued next-gen firewall vendor fell 4.3% yesterday in the face of a giant tech rally.
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  • Nov. 13, 2012, 10:02 AM
    Palo Alto Networks (PANW +1.1%) is outperforming after introducing the VM-Series, a next-gen firewall that can run on servers using VMware's (VMW) virtualization software. The allows the firewall (and its policies) to be quickly moved from server to server. Palo Alto also introduced new mid-range hardware, a malware prevention service, and an update to the OS its firewalls run on. Gartner notes Check Point (CHKP) has long offered a virtual firewall, but expects the VMware partnership to give Palo Alto, whose solutions are differentiated in other respects, a lift. (Citrix partnership)
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  • Oct. 24, 2012, 12:10 PM
    Check Point (CHKP +1.6%) trades higher after receiving its second upgrade in two days (previous), this time from BofA/Merrill, which is upping shares to Buy. Today's gains come even though firewall rival Juniper issued soft Q4 guidance, and provided bleak commentary to go with it.
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  • Oct. 23, 2012, 11:49 AM
    Check Point (CHKP +1%) outperforms a bit after JPMorgan upgrades shares to Overweight, citing valuation. Check Point, which is facing tough competition from Palo Alto Networks, was clobbered last week due to the guidance accompanying its Q3 report, and closed yesterday not too far away from its 52-week low.
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  • Oct. 17, 2012, 12:45 PM
    Midday top 10 gainers: CYMI +51%. SIFY +27%. MTG +22%. IGLD +21%. BCOM +21%. TSRI +20%. REDF +14%. BMI +14%. URI +14%. DF +13.
    Top 10 Losers: FTNT -20%. APOL -19%. DSTI -14%. CHKP -12%. INVE -11%. OSG -11%. FIRE -10%. STLY -8%. MARK -8%. TXT -7%.
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  • Oct. 17, 2012, 9:53 AM
    Check Point (CHKP -11.6%) joins security hardware peer Fortinet (FTNT -17.9%) in tumbling post-earnings. Though Check Point's Q3 results were respectable, the firewall vendor guided on its call for Q4 revenue of $355M-$387M and EPS of $0.84-$0.91 vs. a consensus of $381.8M and $0.90. The big question: to what extent is the guidance the result of soft IT spending and strong European exposure, and to what extent is it due to competition from Palo Alto Networks (PANW -1.2%) and its disruptive next-gen firewalls?
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  • Oct. 17, 2012, 9:10 AM
    Premarket gainers: CYMI +63%. CREE +10%. FSLR +6%.
    Losers: FTNT -17%. APOL -12%. STJ -6%. CHKP -5%
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  • Oct. 17, 2012, 6:07 AM
    Check Point Software (CHKP): Q3 EPS of $0.79 beats by $0.01. Revenue of $332.4M (+8% Y/Y) in-line. (PR)
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  • Oct. 17, 2012, 12:05 AM
    Notable earnings before Wednesday’s open: ABT, ASML, BAC, BK, BLK, CHKP, CMA, DGX, DOV, HAL, KCG, MMR, MTB, PEP, STJ, STP, SWK, TXT, USB
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  • Oct. 16, 2012, 5:30 PM
    Notable earnings before Wednesday’s open: ABT, ASML, BAC, BK, BLK, CHKP, CMA, DGX, DOV, HAL, KCG, MMR, MTB, PEP, STJ, STP, SWK, TXT, USB
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  • Sep. 24, 2012, 4:25 PM
    Check Point (CHKP +1.2%) closes higher on a down day after Oppenheimer says its reseller checks indicate the firewall vendor should post Q3 results "at least in line" with Street estimates, in spite of recent fears about competition and Europe. The firm also likes a valuation of 13x estimated 2013 EPS and the company's $16.30/share in cash.
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Company Description
Check Point Software Technologies Ltd develops, and markets software and combined hardware and software products and services for information technology security.