MAGIC SOFTWARE ENTERPRISES (MGIC) Stock Price, Forecast & Analysis
NASDAQ:MGIC • IL0010823123
MGIC Key Statistics, Chart & Performance
The current stock price of MGIC is 17.35 USD. In the past month the price decreased by -36.56%. In the past year, price increased by 38.14%.
MGIC Technical Analysis
ChartMill assigns a technical rating of 1 / 10 to MGIC. When comparing the yearly performance of all stocks, MGIC turns out to be only a medium performer in the overall market: it outperformed 59% of all stocks.
MGIC Fundamental Analysis
ChartMill assigns a fundamental rating of 5 / 10 to MGIC. While MGIC has a great profitability rating, there are some minor concerns on its financial health.
MGIC Financial Highlights
Over the last trailing twelve months MGIC reported a non-GAAP Earnings per Share(EPS) of 1. The EPS increased by 6.38% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 6.64% | ||
| ROA | 7.16% | ||
| ROE | 13.92% | ||
| Debt/Equity | 0.23 |
MGIC Forecast & Estimates
8 analysts have analysed MGIC and the average price target is 18.36 USD. This implies a price increase of 5.82% is expected in the next year compared to the current price of 17.35.
For the next year, analysts expect an EPS growth of 11.77% and a revenue growth 11.76% for MGIC
MGIC Ownership
MGIC Competitors/Peers
| Symbol | Company Name | Technical Rating | Fundamental Rating | FPE | Market Cap |
|---|---|---|---|---|---|
| PLTR | PALANTIR TECHNOLOGIES INC-A | 119.17 | 316.911B | ||
| CRM | SALESFORCE INC | 13.9 | 172.68B | ||
| APP | APPLOVIN CORP-CLASS A | 25.56 | 127.198B | ||
| ADBE | ADOBE INC | 10.87 | 106.915B | ||
| INTU | INTUIT INC | 14.03 | 105.512B | ||
| SNPS | SYNOPSYS INC | 28.78 | 80.727B | ||
| CDNS | CADENCE DESIGN SYS INC | 34.51 | 77.158B | ||
| ADSK | AUTODESK INC | 19.02 | 47.768B | ||
| DDOG | DATADOG INC - CLASS A | 50.82 | 42.978B | ||
| MSTR | STRATEGY INC | 3.42 | 41.15B |
Related stock screener links
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About MGIC
Company Profile
Magic Software Enterprises Ltd. operates as a global provider of end-to-end integration and application development platforms solutions and IT consulting services. The firm is a vendor of information technology (IT) outsourcing services. Its software technology is used by customers to develop, deploy and integrate on premise, mobile and cloud-based business. The company operates through two segments: software solutions and IT professional services. The software services segment includes software technology and complementary services. The IT professional services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, and communications services and solutions. Its product portfolio includes Magic xpa Application Platform, AppBuilder Application Platform and Magic xpi Integration Platform. Its vertical software packages include Leap, Hermes Solution, HR Pulse and MBS Solution.
Company Info
MAGIC SOFTWARE ENTERPRISES
Yaadut Canada 1 str; Terminal Center
Or Yehuda 6021805 IL
CEO: Guy Bernstein
Employees: 3787
Phone: 97235389292
MAGIC SOFTWARE ENTERPRISES / MGIC FAQ
Can you describe the business of MAGIC SOFTWARE ENTERPRISES?
Magic Software Enterprises Ltd. operates as a global provider of end-to-end integration and application development platforms solutions and IT consulting services. The firm is a vendor of information technology (IT) outsourcing services. Its software technology is used by customers to develop, deploy and integrate on premise, mobile and cloud-based business. The company operates through two segments: software solutions and IT professional services. The software services segment includes software technology and complementary services. The IT professional services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, and communications services and solutions. Its product portfolio includes Magic xpa Application Platform, AppBuilder Application Platform and Magic xpi Integration Platform. Its vertical software packages include Leap, Hermes Solution, HR Pulse and MBS Solution.
Can you provide the latest stock price for MAGIC SOFTWARE ENTERPRISES?
The current stock price of MGIC is 17.35 USD. The price decreased by -8.2% in the last trading session.
Does MGIC stock pay dividends?
MAGIC SOFTWARE ENTERPRISES (MGIC) has a dividend yield of 1.58%. The yearly dividend amount is currently 0.2.
What is the ChartMill technical and fundamental rating of MGIC stock?
MGIC has a ChartMill Technical rating of 1 out of 10 and a ChartMill Fundamental rating of 5 out of 10.
How is the valuation of MAGIC SOFTWARE ENTERPRISES (MGIC) based on its PE ratio?
The PE ratio for MAGIC SOFTWARE ENTERPRISES (MGIC) is 17.35. This is based on the reported non-GAAP earnings per share of 1 and the current share price of 17.35 USD.
Can you provide the market cap for MAGIC SOFTWARE ENTERPRISES?
MAGIC SOFTWARE ENTERPRISES (MGIC) has a market capitalization of 851.89M USD. This makes MGIC a Small Cap stock.
Can you provide the short interest for MGIC stock?
The outstanding short interest for MAGIC SOFTWARE ENTERPRISES (MGIC) is 0.34% of its float.