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Magic Software Enterprises Ltd. (MGIC)

Stock Price: $16.22 USD 0.18 (1.12%)
Updated May 10, 2021 4:00 PM EDT - Market closed
Market Cap 782.88M
Revenue (ttm) 325.63M
Net Income (ttm) 20.27M
Shares Out 49.04M
EPS (ttm) 0.49
PE Ratio 33.31
Forward PE 18.87
Dividend $0.39
Dividend Yield 2.37%
Trading Day May 10
Last Price $16.22
Previous Close $16.04
Change ($) 0.18
Change (%) 1.12%
Day's Open 16.50
Day's Range 15.95 - 16.84
Day's Volume 69,905
52-Week Range 8.65 - 18.12

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Magic Software (MGIC) delivered earnings and revenue surprises of 5.00% and 4.99%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

7 hours ago - Zacks Investment Research

OR YEHUDA, Israel, May 10, 2021 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of end-to-end integration and application development platforms solutions a...

9 hours ago - GlobeNewsWire

Here are the six best-performing stocks with impressive net profit margins that can contribute toward making an enriching portfolio.

Other stocks mentioned: CCS, CTRN, PIPR, TRTN, VRTV
4 days ago - Zacks Investment Research

Or Yehuda, Israel, April 22, 2021 (GLOBE NEWSWIRE) --  Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of end-to-end integration and low-code application development platforms...

2 weeks ago - GlobeNewsWire

Let's take a look at these six top-ranked stocks with solid net profit margins for a winning portfolio.

Other stocks mentioned: CTRN, DECK, MATX, SEM, VRTV
2 weeks ago - Zacks Investment Research

OR YEHUDA, Israel and LAGUNA HILLS, Calif., April 19, 2021 /PRNewswire/ -- Magic Software Enterprises Ltd, (NASDAQ: MGIC) and (TASE: MGIC), a global provider of end-to-end integration platform solutions...

3 weeks ago - PRNewsWire

These stocks pay big dividends and could offer some share-price upside, as well.

Other stocks mentioned: IBM, LUMN
4 weeks ago - The Motley Fool

Magic Software (MGIC) is well positioned to outperform the market, as it exhibits above-average growth in financials.

1 month ago - Zacks Investment Research

Magic Software (MGIC) possesses solid growth attributes, which could help it handily outperform the market.

1 month ago - Zacks Investment Research

Magic Software (MGIC) delivered earnings and revenue surprises of 10.53% and 10.48%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Shares of Magic Software (NASDAQ:MGIC) rose 5.0% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share were up 61.54% year over year to $0.21, which beat the ...

2 months ago - Benzinga

Operating income for the year increased 21% year over year to $40.6 million; Non-GAAP operating income for the year increased 20% year over year to $52.6 million Operating income for the year increased ...

2 months ago - GlobeNewsWire

On Monday, March 08, Magic Software (NASDAQ:MGIC) will report its last quarter's earnings. Here is Benzinga's preview of the company's release.

2 months ago - Benzinga

Magic Software (MGIC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - Zacks Investment Research

Magic Software (MGIC) saw a big move last session, as its shares jumped nearly 7% on the day, amid huge volumes.

3 months ago - Zacks Investment Research

Magic Software Enterprises (MGIC) has been struggling lately, but the selling pressure may be coming to an end soon.

4 months ago - Zacks Investment Research

Magic Software Enterprises Ltd. (MGIC) CEO Guy Bernstein on Q3 2020 Results - Earnings Call Transcript

5 months ago - Seeking Alpha

Magic Software (MGIC) delivered earnings and revenue surprises of 11.76% and 7.22%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Non-GAAP operating income for the third quarter increased 21% year over year to a record breaking $14.2 million Non-GAAP operating income for the third quarter increased 21% year over year to a record b...

5 months ago - GlobeNewsWire

Or Yehuda, Israel, Oct. 22, 2020 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of end-to-end integration and low-code application development platforms a...

6 months ago - GlobeNewsWire

Magic Software (MGIC) is well positioned to outperform the market, as it exhibits above-average growth in financials.

8 months ago - Zacks Investment Research

Magic Software (MGIC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

8 months ago - Zacks Investment Research

As of late, it has definitely been a great time to be an investor in Magic Software Enterprises.

8 months ago - Zacks Investment Research

Does Magic Software (MGIC) have what it takes to be a top stock pick for momentum investors? Let's find out.

8 months ago - Zacks Investment Research

Magic Software (MGIC) could produce exceptional returns because of its solid growth attributes.

8 months ago - Zacks Investment Research

Magic Software Enterprises Ltd. (MGIC) CEO Guy Bernstein on Q2 2020 Results - Earnings Call Transcript

8 months ago - Seeking Alpha

Magic Software (MGIC) delivered earnings and revenue surprises of 13.33% and 1.19%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

8 months ago - Zacks Investment Research

Shares of Magic Software (NASDAQ:MGIC) rose 2.5% in pre-market tradinafter the company reported Q2 results.

8 months ago - Benzinga

Magic Software (MGIC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

9 months ago - Zacks Investment Research

Or Yehuda, Israel, July 28, 2020 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of end-to-end integration and low-code application development platforms...

9 months ago - GlobeNewsWire

Or Yehuda, Israel, July 28, 2020 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of end-to-end integration and low-code application development platforms...

9 months ago - GlobeNewsWire

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

11 months ago - Zacks Investment Research

The Nasdaq topped the 10,000 mark on Jun 9 for the first time ever on a day after its first record closing high since Feb 19, 2020. Investors should capitalize on this and pick solid tech stocks.

Other stocks mentioned: ACIA, AMKR, ETSY, NVDA
11 months ago - Zacks Investment Research

Selecting breakout stocks continue to be one of the most popular methods utilized by active investors.

Other stocks mentioned: ATXI, CALX, ECOM
11 months ago - Zacks Investment Research

Magic Software Enterprises Ltd. (MGIC) CEO Guy Bernstein on Q1 2020 Results - Earnings Call Transcript

11 months ago - Seeking Alpha

Shares of Magic Software (NASDAQ:MGIC) rose 6.2% in pre-market trading after the company reported Q1 results.

11 months ago - Benzinga

Or Yehuda, Israel, May 26, 2020 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of end-to-end integration and application development platforms solutions...

11 months ago - GlobeNewsWire

Magic Software (MGIC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

11 months ago - Zacks Investment Research

Or Yehuda, Israel, May 14, 2020 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of end-to-end integration and application development platforms and IT co...

11 months ago - GlobeNewsWire

Let's see if Magic Software's (JCOM) stock is a good choice for value-oriented investors right now from multiple angles.

1 year ago - Zacks Investment Research

Magic Software Enterprises Ltd. (MGIC) CEO Guy Bernstein on Q4 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

Shares of Magic Software (NASDAQ:MGIC) rallied 10.27% to $8.21 after the company reported Q4 results.

1 year ago - Benzinga

Magic Software (MGIC) delivered earnings and revenue surprises of -7.14% and 8.96%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

Magic Software (MGIC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

1 year ago - Zacks Investment Research

The traditional approaches to retirement planning are longer covering all expenses in nest egg years. So what can retirees do?

Other stocks mentioned: EV, LM
1 year ago - Zacks Investment Research

Magic Software Enterprises Ltd. (MGIC) CEO Guy Bernstein on Q3 2019 Results - Earnings Call Transcript

1 year ago - Seeking Alpha

Magic Software (MGIC) delivered earnings and revenue surprises of 13.33% and 7.24%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income...

Other stocks mentioned: OFC, PDM
1 year ago - Zacks Investment Research

Magic Software Enterprises Ltd. (MGIC) CEO Guy Bernstein on Q2 2019 - Earnings Call Transcript

1 year ago - Seeking Alpha

Magic Software (MGIC) delivered earnings and revenue surprises of 0.00% and 0.67%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

1 year ago - Zacks Investment Research

About MGIC

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 devel... [Read more...]

Industry
Software-Application
IPO Date
Aug 28, 1991
CEO
Guy Bernstein
Country
Israel
Stock Exchange
NASDAQ
Ticker Symbol
MGIC
Full Company Profile

Financial Performance

In 2019, MGIC's revenue was $325.63 million, an increase of 14.51% compared to the previous year's $284.38 million. Earnings were $20.27 million, an increase of 1.93%.

Financial Statements

Analyst Forecasts

According to 3 analysts, the average rating for MGIC stock is "Buy." The 12-month stock price forecast is 19.50, which is an increase of 20.22% from the latest price.

Price Target
$19.50
(20.22% upside)
Analyst Consensus: Buy