MAGIC SOFTWARE ENTERPRISES (MGIC) Stock Price, Quote, News and Overview
NASDAQ:MGIC - Nasdaq - IL0010823123 - Common Stock - Currency: USD
MGIC Quote, Performance and Key Statistics
16.15
+0.31 (+1.99%)
The current stock price of MGIC is 16.15 USD. In the past month the price increased by 23.09%. In the past year, price increased by 51.79%.
MGIC Competitors/Peers
Symbol | Company Name | TA | FA | PE | Market Cap |
|---|---|---|---|---|---|
| SAP | SAP SE-SPONSORED ADR | 52.41 | 348.48B | ||
| PLTR | PALANTIR TECHNOLOGIES INC-A | 274.63 | 298.10B | ||
| CRM | SALESFORCE INC | 28.23 | 275.97B | ||
| INTU | INTUIT INC | 37.92 | 187.55B | ||
| ADBE | ADOBE INC | 22.12 | 179.29B | ||
| APP | APPLOVIN CORP-CLASS A | 60.86 | 125.41B | ||
| MSTR | MICROSTRATEGY INC-CL A | N/A | 111.35B | ||
| CDNS | CADENCE DESIGN SYS INC | 50.28 | 87.86B | ||
| SNPS | SYNOPSYS INC | 40.13 | 79.79B | ||
| WDAY | WORKDAY INC-CLASS A | 37.44 | 73.10B | ||
| ADSK | AUTODESK INC | 34.89 | 63.03B | ||
| ROP | ROPER TECHNOLOGIES INC | 31.06 | 62.41B |
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About MGIC
Company Profile
Magic Software Enterprises Ltd. engages in developing and providing software platforms. 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: 3628
Phone: 97235389292
MAGIC SOFTWARE ENTERPRISES / MGIC FAQ
What is the stock price of MAGIC SOFTWARE ENTERPRISES today?
The current stock price of MGIC is 16.15 USD. The price increased by 1.99% in the last trading session.
What is the ticker symbol for MAGIC SOFTWARE ENTERPRISES stock?
The exchange symbol of MAGIC SOFTWARE ENTERPRISES is MGIC and it is listed on the Nasdaq exchange.
On which exchange is MGIC stock listed?
MGIC stock is listed on the Nasdaq exchange.
What is the price forecast or stock price prediction for MAGIC SOFTWARE ENTERPRISES stock?
8 analysts have analysed MGIC and the average price target is 16.32 USD. This implies a price increase of 1.05% is expected in the next year compared to the current price of 16.15. Check the MAGIC SOFTWARE ENTERPRISES stock analysts ratings, price target forecast and up-and down grades for more detailed information.
What is MAGIC SOFTWARE ENTERPRISES worth?
MAGIC SOFTWARE ENTERPRISES (MGIC) has a market capitalization of 792.96M USD. This makes MGIC a Small Cap stock.
How many employees does MAGIC SOFTWARE ENTERPRISES have?
MAGIC SOFTWARE ENTERPRISES (MGIC) currently has 3628 employees.
What are the support and resistance levels for MAGIC SOFTWARE ENTERPRISES (MGIC) stock?
MAGIC SOFTWARE ENTERPRISES (MGIC) has a support level at 13. Check the full technical report for a detailed analysis of MGIC support and resistance levels.
Is MAGIC SOFTWARE ENTERPRISES (MGIC) expected to grow?
The Revenue of MAGIC SOFTWARE ENTERPRISES (MGIC) is expected to grow by 6.48% in the next year. Check the estimates tab for more information on the MGIC EPS, Sales, EBIT and EBITDA future analyst estimates.
Should I buy MAGIC SOFTWARE ENTERPRISES (MGIC) stock?
There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:
- The Technical Analysis (TA) tab contains a technical analysis of MGIC, looking at technical quality and support and resistance levels
- The Fundamental Analysis (FA) tab contains a fundamental analysis of MGIC, evaluating the profitability, health, valuation and growth aspects
- MAGIC SOFTWARE ENTERPRISES (MGIC) Price Target Forecast and Analysts Ratings to understand what professional analysts say.
- MAGIC SOFTWARE ENTERPRISES (MGIC) Sales and EPS estimates to see what analysts future expectations are.
- MAGIC SOFTWARE ENTERPRISES (MGIC) Income, Balance Sheet and Cash Flow statements to dive into the historical financials.
- MAGIC SOFTWARE ENTERPRISES (MGIC) Insider and Institutional Ownership to learn about the owners and their transactions.
- MAGIC SOFTWARE ENTERPRISES (MGIC) Stock Chart to make your own analysis
- MAGIC SOFTWARE ENTERPRISES (MGIC) Latest news and press-releases to stay up to date.
Does MAGIC SOFTWARE ENTERPRISES (MGIC) stock pay dividends?
MAGIC SOFTWARE ENTERPRISES (MGIC) has a dividend yield of 4.16%. The yearly dividend amount is currently 0.63. Check the full fundamental report for a detailed analysis of MGIC dividend history, reliability and sustainability.
When does MAGIC SOFTWARE ENTERPRISES (MGIC) report earnings?
MAGIC SOFTWARE ENTERPRISES (MGIC) will report earnings on 2025-08-12, before the market open.
What is the Price/Earnings (PE) ratio of MAGIC SOFTWARE ENTERPRISES (MGIC)?
The PE ratio for MAGIC SOFTWARE ENTERPRISES (MGIC) is 17.18. This is based on the reported non-GAAP earnings per share of 0.94 and the current share price of 16.15 USD. Check the full fundamental report for a full analysis of the valuation metrics for MGIC.
What is the Short Interest ratio of MAGIC SOFTWARE ENTERPRISES (MGIC) stock?
The outstanding short interest for MAGIC SOFTWARE ENTERPRISES (MGIC) is 0.65% of its float. Check the ownership tab for more information on the MGIC short interest.
MGIC Technical Analysis
ChartMill assigns a technical rating of 10 / 10 to MGIC. When comparing the yearly performance of all stocks, MGIC is one of the better performing stocks in the market, outperforming 94.58% of all stocks.
MGIC Fundamental Analysis
ChartMill assigns a fundamental rating of 5 / 10 to MGIC. MGIC has only an average score on both its financial health and profitability.
MGIC Financial Highlights
Over the last trailing twelve months MGIC reported a non-GAAP Earnings per Share(EPS) of 0.94. The EPS decreased by -5.05% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | 6.4% | ||
| ROA | 6.34% | ||
| ROE | 12.42% | ||
| Debt/Equity | 0.23 |
MGIC Ownership and Analysts
ChartMill assigns a Buy % Consensus number of 80% to MGIC. The Buy consensus is the average rating of analysts ratings from 8 analysts.
For the next year, analysts expect an EPS growth of 10.03% and a revenue growth 6.48% for MGIC