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Asset logo for symbol MGIC
Magic Software Enterprises Ltd
MGIC56
$11.54arrow_drop_up1.85%$0.21
Asset logo for symbol MGIC
MGIC56

$11.54

arrow_drop_up1.85%

Performance History

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Score Breakdown

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Analyst Forecast

Period: Next 12 Months

Analyst Ratings

About Magic Software Enterprises Ltd (MGIC)

Magic Software Enterprises Ltd (MGIC) is a global software company that specializes in developing and providing innovative software solutions. With a rich history dating back over three decades, Magic Software has established itself as a leader in the technology industry. The company's stock price history reflects its success and growth over the years. With consistent upward trends, MGIC's stock has been a favorable choice for investors seeking long-term growth and stability. From humble origins to a market leader, Magic Software continues to deliver cutting-edge solutions to its customers.
In addition to its impressive stock price history, Magic Software Enterprises Ltd remains an attractive investment option in the market today. The company's strong financial performance and solid fundamentals make it a compelling choice for investors. MGIC's market capitalization serves as a testament to its value and potential for future growth. With its PEG ratio indicating a reasonable valuation, Magic Software presents an opportunity for investors seeking a favorable risk-to-reward ratio.
Sector
Technology
Industry
Information Technology Services
CEO
Mr. Guy Bernstein
Headquarters
Or Yehuda
Employees
4161
Exchange
NASDAQ
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Frequently Asked Questions

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What is the 52-week high and low for Magic Software Enterprises Ltd (MGIC)?

For Magic Software Enterprises Ltd (MGIC), the 52-week high is $12.99, which is 12.56% from the current price. The 52-week low is $8.15, the current price is 41.6% above the 52-week low. This gives investors an insight into the stock's volatility and price range over the past year.
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What is Magic Software Enterprises Ltd's (MGIC) price per share?

The current price per share for Magic Software Enterprises Ltd (MGIC) is $11.54. The stock has seen a price change of $0.21 recently, indicating a 1.85% change. This reflects the stock's recent market performance and investor sentiment.
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Is Magic Software Enterprises Ltd (MGIC) a growth stock?

Magic Software Enterprises Ltd (MGIC) has shown an average price growth of 0.41% over the past three years. It has received a score of 37 out of 100 based on the Stocklytics formula. The interpretation of this score in terms of classifying Magic Software Enterprises Ltd as a growth stock may vary, considering it is one of many factors investors might evaluate, including market trends, financial performance, and future prospects of the company.
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What is Magic Software Enterprises Ltd (MGIC) stock price performance year to date (YTD)?

As of the latest data, Magic Software Enterprises Ltd (MGIC) has a year-to-date price change of 17.04%. Over the past month, the stock has experienced a price change of 9.49%. Over the last three months, the change has been 12.15%. Over the past six months, the figure is -4.94%. Looking at a longer horizon, the five-year price change stands at 25.43%.
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Is Magic Software Enterprises Ltd (MGIC) a profitable company?

Magic Software Enterprises Ltd (MGIC) has a net income of $37.03M, which represents the company's total earnings after all expenses have been deducted from revenues. The gross margin of 27.1% indicates the percentage of revenue that exceeds the cost of goods sold, and the operating margin of 11.27% reflects the percentage of revenue remaining after covering variable production costs, highlighting the efficiency of the company's core operations. Total revenue stands at $535.05M, although specific revenue growth data is currently not available. The gross profit is $144.98M. Operating income is noted at $57.35M. Furthermore, the EBITDA is $82.2M.
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What is the market capitalization of Magic Software Enterprises Ltd (MGIC)?

Magic Software Enterprises Ltd (MGIC) has a market capitalization of $556.3M. The average daily trading volume is 127.02K, indicating the stock's liquidity and investor engagement.

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