Check Point Software: Don't Miss The Boat

Gio Danisi
2.22K Followers

Summary

  • Check Point Software’s subscription offer is gaining traction.
  • This business division is set to grow at double digits in the years to come and improve overall margins.
  • If you factor in the improving growth prospects and the already top-class profitability, the company now appears significantly undervalued.

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Check Point Software's (NASDAQ:CHKP) second quarter release came in slightly beating the analysts’ expectations, as this company usually does. EPS posted a beat of roughly 3%, while the top-line beat was fractional. Additionally, deferred revenues reached $1.47B, or

This article was written by

2.22K Followers
Private “part time” value investor. I've been managing my personal funds since May 2008.As stocks are just pieces of businesses I try to look at mine with an enterpreneurial approach: that's why my portfolio is made-up by 6-8 holdings, which I follow costantly. My holding period is ideally "forever", even though I can't exclude to make some changes from time to time.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of CHKP either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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