Report
Ilya Kundozerov
EUR 101.80 For Business Accounts Only

Check Point 4Q Delivers No Surprises; Raising FVE to $97

Check Point reported top line growth slightly below our projections as the Americas region continued to be negatively impacted by the sales restructuring that took place at the beginning of the year. However, the company overdelivered on the bottom line due to solid expense control efforts in its seasonally strong quarter. We are positive about upcoming product releases and new consumption options, but subpar sales execution in the U.S. remains a concern. Nonetheless, we are raising our fair val...
Underlying
Check Point Software Technologies Ltd.

Check Point Software Technologies develops, markets and supports a range of products and services for IT security. Co. offers its customers a portfolio of network security, endpoint security, data security and management solutions. Co.'s solutions operate under a unified security architecture that enables end-to-end security with a single line of unified security gateways, and allow a single agent for all endpoint security that can be managed from a single unified management console. This unified management allows for ease of deployment and centralized control and is supported by, and reinforced with, real-time security updates.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Ilya Kundozerov

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