Magnachip Semiconductor Corporation (MX)
Market Cap | 222.30M |
Revenue (ttm) | 230.05M |
Net Income (ttm) | -36.62M |
Shares Out | 38.26M |
EPS (ttm) | -0.89 |
PE Ratio | n/a |
Forward PE | 29.07 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 291,303 |
Open | 5.85 |
Previous Close | 5.81 |
Day's Range | 5.57 - 5.84 |
52-Week Range | 5.18 - 11.68 |
Beta | 0.78 |
Analysts | Strong Buy |
Price Target | 11.00 (+96.43%) |
Earnings Date | May 1, 2024 |
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, computing, 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 (L... [Read more]
Financial Performance
In 2023, MX's revenue was $230.05 million, a decrease of -31.87% compared to the previous year's $337.66 million. Losses were -$36.62 million, 355.7% more than in 2022.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for MX stock is "Strong Buy." The 12-month stock price forecast is $11.0, which is an increase of 96.43% from the latest price.
News
Magnachip to Participate in the 36th Annual ROTH Conference
SEOUL, South Korea--(BUSINESS WIRE)--Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) today announced management's participation in the 36th Annual ROTH Conference at The Ritz Carlton, Lag...
Magnachip Reports Results for Fourth Quarter and Full-Year 2023
SEOUL, South Korea--(BUSINESS WIRE)--Magnachip Semiconductor Corporation (NYSE: MX) (“Magnachip” or the “Company”) today announced financial results for the fourth quarter and full-year 2023. YJ Kim, ...
Magnachip to Announce Fourth Quarter 2023 Financial Results on February 28, 2024
SEOUL, South Korea , Feb. 7, 2024 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that it will report its financial results for the fourth quarter ended De...
Magnachip to Participate in the 26th Annual Needham Growth Conference
SEOUL, South Korea , Jan. 3, 2024 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) today announced management's participation in the 26th Annual Needham Growth Conference a...
Magnachip Commences Full-Scale Mass Production of New 30V MXT LV MOSFET for Electric Power Steering Systems
Developed with highly rugged trench MOSFET technology, the new 30V MXT LV MOSFET ensures a stable power supply for electric power steering SEOUL, South Korea , Dec. 18, 2023 /PRNewswire/ -- Magnachip ...
Magnachip to Participate in UBS Global Technology Conference
SEOUL, South Korea , Nov. 13, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) today announced management's participation in the UBS Global Technology Conference at Th...
Magnachip Reports Results for Third Quarter 2023
Revenue of $61.2 million was in-line with guidance . Gross profit margin of 23.6% increased 140 basis points from Q2 , mainly driven by higher fab utilization.
Magnachip Commences Mass Production of Two New 650V SJ MOSFETs with a Slim Form Factor
- The company expands its slim form factor product portfolio by introducing two 650V SJ MOSFETs packaged in a PDFN88 SEOUL, South Korea , Oct. 31, 2023 /PRNewswire/ -- Magnachip Semiconductor Corpo...
Magnachip Introduces 6th-Generation 600V SJ MOSFET Developed with Cutting-Edge Microfabrication Technology
The new 600V SJ MOSFET achieves a low RDS(on) of 175mΩ and effectively meets the technical requirements of servers and OLED TVs SEOUL, South Korea , Oct. 30, 2023 /PRNewswire/ -- Magnachip Semiconduct...
Magnachip to Announce Third Quarter 2023 Financial Results on November 2
SEOUL, South Korea , Oct. 20, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that it will report its financial results for the third quarter ended Se...
Magnachip Unveils New 8th-Generation 150V MXT MV MOSFETs
The company expands its 8th-generation MXT MV MOSFET product portfolio with the addition of newly packaged 150V MXT MV MOSFETs in D2PAK -7L and PDFN56 SEOUL, South Korea , Oct. 10, 2023 /PRNewswire/...
Magnachip Targets Electric Vehicle Market with New 1200V and 650V IGBTs Featuring Advanced Field Stop Trench Technology
- Magnachip commences full-scale mass production of 1200V and 650V IGBTs for PTC heaters of electric vehicles SEOUL, South Korea , Sept. 11, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("...
MAGNACHIP SEMICONDUCTOR CORPORATION ANNOUNCES RESIGNATION OF MEL KEATING AS A MEMBER OF THE BOARD OF DIRECTORS
SEOUL, South Korea , Sept. 6, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or the "Company") received a letter of resignation, dated September 5, 2023, from Mr.
Magnachip Reports Results for Second Quarter 2023 Announces New $50 Million Stock Buyback Program
Revenue of $61.0 million was in-line with guidance (vs $60.5M mid-point) and was down 39.8% YoY and up 7% sequentially. Gross profit margin was 22.2%, up 100 basis points from Q1.
Magnachip to Announce Second Quarter 2023 Financial Results on August 7
SEOUL, South Korea, July 19, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that it will report its financial results for the second quarter ended Ju...
MAGNACHIP ANNOUNCES DIRECTOR RESIGNATION
SEOUL, South Korea , July 17, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or the "Company") today announced that Gary Tanner has notified the Company of his intent...
Magnachip Expands Its 7th-Generation MXT LV MOSFET Line-Up for Battery Protection Circuits of Mobile Devices
SEOUL, South Korea , July 10, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip" or "Company") (NYSE: MX) announced today that the Company has released four new MXT LV Metal-Oxide-S...
Magnachip Announces Participation in 15th Annual CEO Investor Summit 2023
SEOUL, South Korea , June 20, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip" or the "Company") (NYSE: MX) today announced management's participation in the 15th Annual CEO Inves...
Magnachip Starts Mass Production of 40V MXT MOSFET for Automotive Energy Recovery Systems
– The 40V MXT MOSFET with RDS(on) as low as 1.4mΩ enables effective kinetic energy recovery in cars SEOUL, South Korea , June 12, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachi...
MAGNACHIP ANNOUNCES PLAN TO SEPARATE DISPLAY AND POWER BUSINESSES
SEOUL, South Korea , May 30, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation (NYSE: MX) ("Magnachip" or the "Company") today announced that the Company is separating its display and power bus...
Magnachip Reports Results for First Quarter 2023
Revenue of $57.0 million was within our guidance range. YoY, our revenue decreased 45.2% primarily due to continued effects of last year's 28nm wafer supply shortage that impacted second half 2022 des...
Magnachip Debuts New Family of 600V SJ MOSFET Products Featuring Fast Recovery Body Diodes
Magnachip introduces new 600V SJ MOSFET with RDS(on) * as low as 44mΩ for EV chargers and servers SEOUL, South Korea , May 2, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip" or "...
Magnachip to Announce First Quarter 2023 Financial Results on May 3
Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announced today that it will report its financial results for the first quarter ended March 31, 2023, on Wednesday, May 3, 2023, after the ...
Magnachip to Appoint Shareholder Gilbert Nathan to the Board of Directors
SEOUL, South Korea , April 13, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip" or the "Company") (NYSE: MX) announced today that shareholder Gilbert Nathan will join its Board of...
Magnachip Enters Full-Scale Mass Production of PDFN56 Dual Packaging 40V MXT MOSFET for Electric Vehicles
– The PDFN56 dual package enables small footprint and low conduction loss es SEOUL, South Korea , March 21, 2023 /PRNewswire/ -- Magnachip Semiconductor Corporation ("Magnachip") (NYSE: MX) announce...