11.81
0.84%
-0.10
After Hours:
11.98
0.17
+1.44%
Magic Software Enterprises Ltd. stock is currently priced at $11.81, with a 24-hour trading volume of 56,462.
It has seen a -0.84% decreased in the last 24 hours and a +3.14% rose in the past month.
The chart indicates a potential bearish trend, as the stock is below the $11.85 pivot point. If it approaches the $11.76 support level, significant changes may occur.
Previous Close:
$11.91
Open:
$11.84
24h Volume:
56,462
Market Cap:
$579.86M
Revenue:
$556.65M
Net Income/Loss:
$38.11M
P/E Ratio:
13.27
EPS:
0.89
Net Cash Flow:
$76.87M
1W Performance:
+0.51%
1M Performance:
+3.14%
6M Performance:
+17.86%
1Y Performance:
-11.93%
Magic Software Enterprises Ltd. Stock (MGIC) Company Profile
Name
Magic Software Enterprises Ltd.
Sector
Industry
Phone
972 3 538 9292
Address
5 Haplada Street, PO Box 5011, Or Yehuda
Magic Software Enterprises Ltd. Stock (MGIC) Upgrades & Downgrades
Date | Action | Analyst | Rating Change |
---|---|---|---|
Aug-17-20 | Upgrade | H.C. Wainwright | Neutral → Buy |
Mar-11-20 | Downgrade | H.C. Wainwright | Buy → Neutral |
May-17-17 | Reiterated | Rodman & Renshaw | Buy |
Mar-06-17 | Reiterated | Rodman & Renshaw | Buy |
Feb-23-16 | Reiterated | Barclays | Overweight |
Nov-12-15 | Upgrade | Barclays | Equal Weight → Overweight |
Jan-12-15 | Reiterated | Barclays | Equal Weight |
Apr-09-14 | Resumed | Maxim Group | Hold |
Feb-08-13 | Reiterated | Maxim Group | Buy |
Oct-23-12 | Upgrade | Maxim Group | Hold → Buy |
Apr-19-12 | Downgrade | Maxim Group | Buy → Hold |
Feb-15-12 | Reiterated | Rodman & Renshaw | Mkt Outperform |
Feb-13-12 | Initiated | Maxim Group | Buy |
Feb-14-11 | Initiated | Rodman & Renshaw | Mkt Outperform |
View All
Magic Software Enterprises Ltd. Stock (MGIC) Latest News
Magic Software Reports Fourth Quarter and Full Year 2023 Financial Results
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Autodesk (ADSK) Q4 Earnings and Revenues Surpass Estimates
Zacks Investment Research
Magic Software to Announce Fourth Quarter and Full year 2023 Financial Results on March 13th, 2024
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56 Delicious December Value Buys From Ben Graham's Formula
Seeking Alpha
Magic Software Reports Third Quarter 2023 Financial Results
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Why Toast Shares Are Trading Lower By Around 17%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
Benzinga
Magic Software Enterprises Ltd. Stock (MGIC) Financials Data
Magic Software Enterprises Ltd. (MGIC) Revenue 2024
MGIC reported a revenue (TTM) of $556.65 million for the quarter ending September 30, 2023, a +0.72% rise year-over-year.
Magic Software Enterprises Ltd. (MGIC) Net Income 2024
MGIC net income (TTM) was $38.11 million for the quarter ending September 30, 2023, a +0.65% increase year-over-year.
Magic Software Enterprises Ltd. (MGIC) Cash Flow 2024
MGIC recorded a free cash flow (TTM) of $76.87 million for the quarter ending September 30, 2023, a +80.62% increase year-over-year.
Magic Software Enterprises Ltd. (MGIC) Earnings per Share 2024
MGIC earnings per share (TTM) was $0.81 for the quarter ending September 30, 2023, a +19.12% growth year-over-year.
About Magic Software Enterprises Ltd.
Magic Software Enterprises Ltd. provides proprietary application development, business process integration, vertical software solutions, and IT outsourcing software services in Israel and internationally. The company's Software Services segment develops, markets, sells, and supports a proprietary and none proprietary 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, and communications services and solutions, as well as supplemental outsourcing services. The company offers Magic xpa, a proprietary application platform for developing and deploying business applications; AppBuilder, a proprietary application platform for building, deploying, and maintaining high-end and mainframe-grade business applications; Magic xpi integration platform, a graphical wizard-based code-free solution; and Magic xpc, a hybrid integration platform as a service. It also provides vertical software solutions comprising Clicks, a software solution for healthcare providers; Leap, a software solution for business support systems; Hermes Solution, a packaged software solution for managing air cargo ground handling; HR Pulse, a customized single-tenant software as a service tool; and MBS Solution, a proprietary system for managing TV broadcast channels. In addition, the company provides software maintenance, support, training, and consulting services. It serves oil and gas, telecommunications, financial, healthcare, and industrial sectors, as well as public institutions and international agencies. 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 founded in 1983 and is headquartered in Or Yehuda, Israel.
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