Key Stats
Key stats represent essential financial metrics and indicators used to evaluate a company's performance and potential investment opportunities.
Stock Score/grades
The Stock Score/Grades evaluate bankruptcy risk and assess the financial strength and fundamental health of a company
- Altman Z Score 3.00
- Piotroski Score 5.00
- Grade Buy
- Symbol (MGIC)
- Company Magic Software Enterprises Ltd.
- Price $11.02
- Changes Percentage (-3.55%)
- Change -$0.41
- Day Low $10.70
- Day High $11.36
- Year High $12.99
Magic Software Enterprises Ltd. provides proprietary application development, business process integration, vertical software solutions, and information technologies (IT) outsourcing software services in Israel and internationally. The company's Software Services segment develops, markets, sells, and supports application platform, software applications, and business and process integration solutions and related services. Its IT Professional Services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, and supplemental outsourcing services. The company offers proprietary application platforms, such as Magic xpa for developing and deploying business applications; AppBuilder for building, deploying, and maintaining high-end and mainframe-grade business applications; Magic xpi for application integration; FactoryEye for virtualization of production data; BusinessEye for organizational business intelligence; and Magic SmartUX for cross-platform mobile business applications. It also provides vertical software solutions comprising Clicks, a software solution for healthcare providers; Leap, a software solution for business support systems; Hermes Cargo, a packaged software solution for managing air cargo ground handling; HR Pulse, a single-tenant software as a service tool; MBS Solution, a system for managing TV broadcast management; Nativ, a system for management of rehabilitation centers; and Mobisale, a system for sales and distribution field activities for consumer goods manufacturers and wholesalers. In addition, the company provides software maintenance, support, training, and consulting services. The company was formerly known as Mashov Software Export (1983) Ltd. and changed its name to Magic Software Enterprises Ltd. in 1991. Magic Software Enterprises Ltd. was incorporated in 1983 and is headquartered in Or Yehuda, Israel.
- Last Earnings 05/16/2024
- Ex-Dividend for 5/16 Dividend 06/27/2024
- Dividend Payable 07/11/2024
- Today N/A
- Next Earnings (Estimated) 11/18/2024
- Fiscal Year End N/A
- Average Stock Price Target $18.00
- High Stock Price Target $22.00
- Low Stock Price Target $14.00
- Potential Upside/Downside N/A
- Consensus Rating Buy
- Rating Score (0-4) N/A
- Research Coverage N/A
- EPS (Most Recent Fiscal Year) $0.72
- Trailing P/E Ratio 14.32
- Forward P/E Ratio 14.32
- P/E Growth 14.32
- Net Income $37.03 M
Income Statement
Quarterly
Annual
Latest News of MGIC
The Latest News section aggregates recent news posts from various news outlets, offering a comprehensive overview of the most recent developments related to the topic.
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MGIC Investment Gets Technical Rating Upgrade
MGIC Investment's RS Rating improved from 69 to 75, indicating market leadership. An RS Rating of 80 or higher often precedes significant gains. Despite recent growth in earnings, sales have decreased...
By Investor's Business Daily | 6 days ago -
MGIC Investment Corp (MTG) Q3 2024 Earnings Call Highlights: Strong Growth in New Insurance ...
The reporting of static pool delinquency curves has changed from annual to quarterly updates. The 2022 vintage shows slightly worse new delinquencies compared to 2021 and 2023. Increased insurance wri...
By Yahoo! Finance | 1 week ago -
Q3 2024 MGIC Investment Corp Earnings Call
Good morning. The call discussed MGIC's third-quarter results, highlighting financial strength, market performance, and capital management. They reported net income of $200 million and a return on equ...
By Yahoo! Finance | 1 week ago
