Check Point Software Technologies Ltd (CHKP) – Growing stronger step-by-step

Check Point Software Technologies Ltd (CHKP) (Q2FY23)

Stock Performance: Check Point Software stock price showed an uptrend in the past 3-month period and gave 4% returns from $130.91 in Jun-23 to $135.84 in Sep-23. In the past 3 years, the stock has given a return of 12%. The stock surged to $135.84 in FY23 from $121 in FY20.

Quarter Performance : In Q2FY23, CHKP’s revenue increased by 3% to $588.7mn from $571.1mn in Q2FY22 and the COGS decreased by -12% to $65.9mn from $74.8mn in the same period

Guidance: For FY23, CHKP gave guidance that Revenues for the year are expected to be between $2.34 billion to $2.51 billion. Non-GAAP EPS to be in the range of $7.70 to $8.30. GAAP EPS is expected to be $1.22 less.

For Q3FY23, Check Point expects its revenue to be between $570mn to $605mn. Non-GAAP EPS is expected to be between $1.97 to $2.07. GAAP EPS is expected to be approximately $0.35less.

Highlights

CHKP is actively engaged in technological advancements by integrating third-party technologies into their architecture through collaborations. This approach distinguishes their security solutions from others by not only identifying threats but also translating them into preventive measures across various networks.

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Highlights

Valuation

– Enterprise Value
– CrispIdea Forecast
– CrispIdea Segment Forecast
– Economic Value Added Analysis
– Discounted Cash Flow Analysis.
– P/E Analysis
– Peer Valuation
– CrispIdea Forecast Relative to Consensus
– Consensus History and Surprise
– Consensus Momentum

Actual & Historical Performance

– Income Statement
– Balance Sheet
– Cash Flow
– 10 Year Historical Performance
– Ratio Analysis
– Du Pont Analysis
– ROIC & ROCE Analysis
– Segment Performance
– M&A Deals

Peer Performance

– Summary
– Profitability
– Growth
– Price Performance

Ownership

Stock Price Performance

Crispidea Coverage

No of Pages: 36

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