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Magic Software Enterprises Ltd. (MGIC)

Stock Price: $12.95 USD 0.03 (0.23%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 634.25M
Revenue (ttm) 339.04M
Net Income (ttm) 20.27M
Shares Out 48.98M
EPS (ttm) 0.27
PE Ratio 47.96
Forward PE 20.53
Dividend $0.16
Dividend Yield 1.24%

Stock Quote

Trading Day Aug 7, 2020
Last Price $12.95
Previous Close $12.92
Change ($) 0.03
Change (%) 0.23%
Day's Open 13.00
Day's Range 12.69 - 13.10
Day's Volume 29,946
52-Week Range 6.31 - 13.25

More Stats

Market Cap 634.25M
Enterprise Value 576.31M
Earnings Date (est) Aug 13, 2020
Ex-Dividend Date Jun 8, 2020
Shares Outstanding 48.98M
Float 26.33M
EPS (basic) 0.26
EPS (diluted) 0.27
FCF / Share 0.83
Dividend $0.16
Dividend Yield 1.24%
Earnings Yield 2.08%
FCF Yield 6.37%
Payout Ratio 117.70%
Shares Short 8,404
Short Ratio 0.21
Short % of Float 0.04%
Beta 0.95
PE Ratio 47.96
Forward PE 20.53
P/FCF Ratio 15.69
PS Ratio 1.87
PB Ratio 2.64
Revenue 339.04M
Operating Income 33.65M
Net Income 20.27M
Free Cash Flow 40.43M
Net Cash 57.94M
Net Cash / Share 1.18
Gross Margin 30.12%
Operating Margin 9.93%
Profit Margin 6.20%
FCF Margin 11.92%
ROA 5.49%
ROE 9.59%
ROIC 23.80%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (3)

Buy 2
Overweight 0
Hold 1
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$10.25*
(-20.85% downside)
Low
8.50
Current: $12.95
High
12.00
Target: 10.25
*Average 12-month price target from 2 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue32628425820217616414512611388.58
Revenue Growth14.51%10.16%28.02%14.55%7.14%13.35%14.7%11.52%27.94%-
Gross Profit10288.8282.9868.2662.8164.5859.0752.9946.0737.13
Operating Income33.6531.7025.9621.0921.4320.7319.1316.4114.729.34
Net Income20.2719.8815.4414.1716.2015.5215.8816.1815.049.38
Shares Outstanding48.8644.4944.3644.3444.1737.1636.6336.4935.9131.94
Earnings Per Share0.260.390.350.270.360.360.430.440.410.29
EPS Growth-33.33%11.43%29.63%-25%0%-16.28%-2.27%7.32%41.38%-
Dividend Per Share0.310.290.220.180.180.220.210.10-0.50
Dividend Growth7.37%32.56%22.86%-0.57%-18.14%2.38%110%---
Operating Cash Flow45.9524.0525.5127.9619.6218.1922.2822.9515.2414.40
Capital Expenditures-5.52-4.53-5.17-5.02-4.96-5.26-5.15-5.48-5.72-3.76
Free Cash Flow40.4319.5220.3422.9314.6612.9317.1317.479.5210.63
Cash & Equivalents95.5111490.9587.8276.6884.4335.9938.6332.1246.54
Total Debt37.5728.0537.5935.403.273.343.330.02-0.01
Net Cash / Debt57.9485.8753.3652.4273.4181.0932.6638.6132.1246.53
Assets405362343316240224167153136112
Liabilities14011412912046.7436.4637.8734.5930.3523.09
Book Value24824421019619118512811810588.87
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Magic Software Enterprises Ltd.
Country Israel
Employees 2,640
CEO Guy Shimon Bernstein

Stock Information

Ticker Symbol MGIC
Stock Exchange NASDAQ
Sector Technology
Industry Software—Application
Unique Identifier NASDAQ: MGIC
IPO Date August 28, 1991

Description

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; Magic xpc, a hybrid integration platform as a service; Magic SmartUX, a mobile development application platform; and FactoryEye for virtualization of production data. 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 management. In addition, the company provides software maintenance, support, training, and consulting services. It serves oil and gas, telecommunications, financial, healthcare, and industrial sectors; and 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.