MagnaChip Semiconductor Corporation (MX)

NYSE: MX · IEX Real-Time Price · USD
19.73
2.40 (13.85%)
May 18, 2022 12:07 PM EDT - Market open
Market Cap885.77M
Revenue (ttm)455.30M
Net Income (ttm)73.71M
Shares Out44.89M
EPS (ttm)1.21
PE Ratio16.32
Forward PE18.35
Dividendn/a
Ex-Dividend Daten/a
Volume1,826,388
Open19.16
Previous Close17.33
Day's Range19.11 - 19.99
52-Week Range14.66 - 26.90
Beta1.08
AnalystsBuy
Price Target28.05 (+42.2%)
Earnings DateMay 3, 2022

About MX

Magnachip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and supplies analog and mixed-signal semiconductor platform solutions for communications, the Internet of Things, consumer, industrial, and automotive applications. It provides display solutions, including source and gate drivers, and timing controllers that cover a range of flat panel displays used in mobile communications, automotive, entertainment devices, notebook PCs, monitors and liquid crystal displays, and micro light-emitting diode (LED) televis...

IndustrySemiconductors & Semiconductor Equipment
CEOYoung-Joon Kim
Employees890
Stock ExchangeNYSE
Ticker SymbolMX
Full Company Profile

Financial Performance

In 2021, MX's revenue was $474.23 million, a decrease of -6.47% compared to the previous year's $507.06 million. Earnings were $56.71 million, a decrease of -83.56%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for MX stock is "Buy." The 12-month stock price forecast is 28.05, which is an increase of 42.17% from the latest price.

Price Target
$28.05
(42.17% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Magnachip Surpasses 730 Million Units in Cumulative Shipments of OLED DDICs

SEOUL, South Korea , May 5, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that the company has surpassed 730 million units in cumulative shipments of ...

1 week ago - PRNewsWire

Magnachip (MX) Q1 Earnings Beat Estimates

Magnachip (MX) delivered earnings and revenue surprises of 12% and 1.94%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

2 weeks ago - Zacks Investment Research

Magnachip Reports Results for First Quarter 2022

Revenue of $104.1 million was down 5.7% sequentially and down 15.4% year-over-year (YoY). The decrease was mainly due to a 29.3% sequential decline in Display solutions revenue as a result of continued ...

2 weeks ago - PRNewsWire

Magnachip Introduces a new 40V MOSFET to Control BLDC Motors for Automotive Applications

-       Low RDS(on) of 40V MOSFET enables efficient control of BLDC motors -       Magnachip expands automotive business, intends to increase market share globally SEOUL, South Korea , April 28, 2022 /P...

2 weeks ago - PRNewsWire

Magnachip (MX) Moves 16.5% Higher: Will This Strength Last?

Magnachip (MX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

2 weeks ago - Zacks Investment Research

Why Magnachip Semiconductor Shares Are Soaring Today

South Korea's LX Group looked to acquire Magnachip Semiconductor Corporation (NYSE: MX) to create synergy with the group's foundry affiliate, the KED Global reports. Magnachip is the second-largest DDIC...

3 weeks ago - Benzinga

Why MagnaChip Semiconductor Stock Is Soaring Today

The semiconductor company could be acquired soon.

3 weeks ago - The Motley Fool

Why Is Magnachip Semiconductor (MX) Stock Up 20% Today?

Magnachip is catching headlines today on news that LX Group may make an offer on the chip maker. MX stock is up nearly 20% on the news.

3 weeks ago - InvestorPlace

Magnachip to Announce First Quarter 2022 Financial Results on May 3

SEOUL, South Korea , April 7, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that it will report its financial results for the first quarter ended Marc...

1 month ago - PRNewsWire

Magnachip Introduces High-performance Synchronous Boost Converter

Synchronous architecture of high-side and low-side switches achieves high efficiency SEOUL, South Korea , March 15, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) anno...

2 months ago - PRNewsWire

Magnachip Completes $37.5 Million Accelerated Stock Repurchase

SEOUL, South Korea, March 14, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip Corp." or the "Company") (NYSE: MX), announced today that the Company has completed its previously anno...

2 months ago - PRNewsWire

Magnachip Semiconductor to Participate at the 34th Annual Roth Conference

SEOUL, South Korea, March 3, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or the "Company") today announced that YJ Kim, Magnachip's chief executive officer will part...

2 months ago - PRNewsWire

Magnachip Enters Full-Scale Mass Production of OLED DDIC for OLED TVs

SEOUL, South Korea, Feb. 17, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that the company has commenced full-scale mass production of an organic lig...

3 months ago - PRNewsWire

Magnachip (MX) Q4 Earnings Surpass Estimates

Magnachip (MX) delivered earnings and revenue surprises of 29.17% and 8.93%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Magnachip Reports Results for Fourth Quarter and Year 2021

SEOUL, South Korea, Feb. 16, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or the "Company") today announced financial results for the fourth quarter and full-year 202...

3 months ago - PRNewsWire

Earnings Preview: Magnachip (MX) Q4 Earnings Expected to Decline

Magnachip (MX) 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.

3 months ago - Zacks Investment Research

Magnachip to Announce Fourth Quarter and Year 2021 Financial Results on February 16

SEOUL, South Korea, Jan. 31, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today it will report its results for the fourth quarter and year ended December 3...

3 months ago - PRNewsWire

Magnachip Launches New Generation of High-Voltage 600V SJ MOSFETs for Wide Range of Consumer Products and Industrial ...

SEOUL, South Korea, Jan. 13, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that the company has launched 11 new generation high-voltage 600V Super Jun...

4 months ago - PRNewsWire

Magnachip Introduces New Generation Low-Voltage MOSFET for Battery Protection Circuit Modules in Smartphones

SEOUL, South Korea, Jan. 12, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that the company has launched new generation Low-Voltage Metal Oxide Semico...

4 months ago - PRNewsWire

Magnachip Semiconductor to Participate in 24th Annual Needham Virtual Growth Conference

SEOUL, South Korea, Jan. 7, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or the "Company") today announced that YJ Kim, Magnachip's chief executive officer, and Shiny...

4 months ago - PRNewsWire

Magnachip Develops Next-Generation OLED DDIC for Automotive Displays

SEOUL, South Korea, Jan. 6, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that the company is expanding its organic light-emitting diode display drive...

4 months ago - PRNewsWire

Magnachip Semiconductor Names Ms. Shinyoung Park as Chief Financial Officer

SEOUL, South Korea, Jan. 3, 2022 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip" or the "Company") (NYSE: MX) announced today that Ms. Shinyoung Park has been promoted to Chief Financia...

4 months ago - PRNewsWire

Magnachip (MX) Is Up 6.49% in One Week: What You Should Know

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

4 months ago - Zacks Investment Research

MagnaChip Ratifies $75M Share Buyback

MagnaChip Semiconductor Corp's (NYSE: MX) board approved a share buyback program of up to $75 million. MagnaChip forged an accelerated stock repurchase agreement with JPMorgan Chase Bank, National Assoc...

4 months ago - Benzinga

Magnachip Announces New $75 Million Stock Repurchase Program

SEOUL, South Korea, Dec. 21, 2021 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip Corp." or the "Company") (NYSE: MX), announced today that the Board of Directors has authorized the Comp...

4 months ago - PRNewsWire