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 3.08
- Piotroski Score 5.00
- Grade Buy
- Symbol (MGIC)
- Company Magic Software Enterprises Ltd.
- Price $11.84
- Changes Percentage (-0.34%)
- Change -$0.04
- Day Low $11.78
- Day High $11.98
- 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) 11/12/2024
- 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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Is Magic Software Enterprises Ltd.'s (NASDAQ:MGIC) Latest Stock Performance Being Led By Its Strong Fundamentals?
Magic Software Enterprises' stock has risen by 2.1% in the past three months, prompting an analysis of its Return on Equity (ROE). ROE of 14% suggests good profitability and growth potential....
By Yahoo! Finance | 4 weeks ago -
Those who invested in Magic Software Enterprises (NASDAQ:MGIC) five years ago are up 57%
Magic Software Enterprises Ltd. (NASDAQ: MGIC) stock has shown a 34% rise in 5 years, below the market average. Despite 13% compound EPS growth, the market remains pessimistic, with a 6% share price g...
By Yahoo! Finance | 2 months ago -
MGIC Investment Clears Technical Benchmark, Hitting 80-Plus RS Rating
Learn how to find game-changing stocks by focusing on technical performance and relative strength (RS) rating. Check for stocks with an 80 or higher RS rating in early stages of their moves. Monitor f...
By Investor's Business Daily | 2 months ago
