Check Point Software Technologies Ltd. (CHKP): Today's Featured Computer Software & Services Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Check Point Software Technologies (CHKP) pushed the Computer Software & Services industry lower today making it today's featured Computer Software & Services laggard. The industry as a whole closed the day up 0.1%. By the end of trading, Check Point Software Technologies fell 95 cents (-1.9%) to $48.37 on average volume. Throughout the day, 2.2 million shares of Check Point Software Technologies exchanged hands as compared to its average daily volume of 2.5 million shares. The stock ranged in price between $48.31-$49.55 after having opened the day at $49.34 as compared to the previous trading day's close of $49.32. Other companies within the Computer Software & Services industry that declined today were: Kingtone Wirelessinfo Solution (KONE), down 10.8%, Deltek (PROJ), down 7.7%, China Information Technology (CNIT), down 5.7%, and Bsquare Corporation (BSQR), down 5.5%.

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Check Point Software Technologies Ltd. develops, markets, and supports a range of software, and combined hardware and software products and services for information technology (IT) security worldwide. Check Point Software Technologies has a market cap of $10.55 billion and is part of the technology sector. The company has a P/E ratio of 28.8, above the average computer software & services industry P/E ratio of 18.4 and above the S&P 500 P/E ratio of 17.7. Shares are down 6.1% year to date as of the close of trading on Friday. Currently there are 15 analysts that rate Check Point Software Technologies a buy, no analysts rate it a sell, and seven rate it a hold.

TheStreet Ratings rates Check Point Software Technologies as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

• You can view the full Check Point Software Ratings Report.

On the positive front, Kenexa (KNXA), up 41.4%, Wizzard Software Corporation (WZE), up 9.9%, Saba Software (SABA), up 9.5%, and 21Vianet Group (VNET), up 8.5%, were all gainers within the computer software & services industry with F5 Networks (FFIV) being today's featured computer software & services industry leader.

• Use our computer software & services section to find industry-relevant news.
• Or find some new ideas from our top rated stocks lists.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the computer software & services industry could consider iShares S&P NA Tech Software Idx (IGV) while those bearish on the computer software & services industry could consider ProShares Ultra Short Technology (REW).

• Find other investment ideas from our top rated ETFs lists.

 

For more information on Check Point Software Technologies Ltd. click any of the following:

• Check Point Software Technologies Ltd. Stock Price

• Check Point Software Technologies Ltd. Analyst Ratings

• Check Point Software Technologies Ltd. Key Stats & Profile

• Check Point Software Technologies Ltd. Earnings

• Check Point Software Technologies Ltd. Ratio Comparison

• Check Point Software Technologies Ltd. Growth Rates

• Check Point Software Technologies Ltd. Balance Sheet

• Check Point Software Technologies Ltd. Cash Flow

• Check Point Software Technologies Ltd. Income Statement