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Magic Software Enterprises Ltd (MGIC)
NASDAQ:MGIC
MGIC Stock Chart & Stats
Day’s Range― - ―
52-Week Range$9.51 - $14.24
Previous CloseN/A
Volume9.26K
Average Volume (3M)111.70K
Market Cap
$644.18M
Enterprise Value$598.15M
Total Cash (Recent Filing)$43.66M
Total Debt (Recent Filing)$11.00K
Price to Earnings (P/E)17.5
Beta0.45
Next Earnings
May 07, 2025EPS Estimate
0.27Next Dividend Ex-Date
Apr 22, 2025Dividend Yield3.35%
Share Statistics
EPS (TTM)0.75
Shares Outstanding49,099,304
10 Day Avg. Volume71,107
30 Day Avg. Volume111,705
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.24
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market Cap0.93
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit3.81
Enterprise Value/Ebitda7.24
Forecast
1Y Price Target
$16.00Price Target Upside21.95% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
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Magic News
PremiumCompany Announcements
Magic Software Reports Strong 2024 Financial Results
PremiumCompany Announcements
Magic Software’s Earnings Call Highlights Growth and Strategic Merger
PremiumCompany Announcements
Magic Software Reports Strong Q4 and 2024 Financial Results
PremiumCompany Announcements
Magic Software Announces Proposed Merger with Matrix I.T Ltd.---
Bulls Say, Bears Say
Bulls Say
Market DemandOngoing healthy demand for the company’s AI, low-code, no-code, and service offerings and growing pipeline activity support management’s fiscal 2025 top-line guidance of roughly 7% to 9%.
Merger And Acquisition ImpactThe merger with Matrix I.T Ltd. is seen as a strategic opportunity to strengthen Magic’s market position through an expanded product and service offering at a greater, and more resilient, global scale.
Revenue GrowthRevenue increased 13.6% year-over-year, driven by continued growth in the Israeli market and stability in the U.S. market.
Bears Say
Stock RatingAs a result of the merger, the stock is downgraded to a Market Perform rating.
Stock ValuationShares trade at an enterprise value of 1.1 times 2025 consensus revenue estimate, a discount to the peer group at 2.3 times revenue.
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Ownership Overview
―
Insiders
0.46% Mutual Funds
10.83% Other Institutional Investors
83.39% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
MGIC FAQ
What was Magic Software Enterprises Ltd’s price range in the past 12 months?
Magic Software Enterprises Ltd lowest stock price was $9.51 and its highest was $14.24 in the past 12 months.
What is Magic Software Enterprises Ltd’s market cap?
Magic Software Enterprises Ltd’s market cap is $644.18M.
When is Magic Software Enterprises Ltd’s upcoming earnings report date?
Magic Software Enterprises Ltd’s upcoming earnings report date is May 07, 2025 which is in 22 days.
How were Magic Software Enterprises Ltd’s earnings last quarter?
Magic Software Enterprises Ltd released its earnings results on Mar 11, 2025. The company reported $0.24 earnings per share for the quarter, missing the consensus estimate of $0.246 by -$0.006.
Is Magic Software Enterprises Ltd overvalued?
According to Wall Street analysts Magic Software Enterprises Ltd’s price is currently Undervalued.
Does Magic Software Enterprises Ltd pay dividends?
Magic Software Enterprises Ltd pays a Semiannually dividend of $0.439 which represents an annual dividend yield of 3.35%. See more information on Magic Software Enterprises Ltd dividends here
What is Magic Software Enterprises Ltd’s EPS estimate?
Magic Software Enterprises Ltd’s EPS estimate is 0.27.
How many shares outstanding does Magic Software Enterprises Ltd have?
Magic Software Enterprises Ltd has 49,099,304 shares outstanding.
What happened to Magic Software Enterprises Ltd’s price movement after its last earnings report?
Magic Software Enterprises Ltd reported an EPS of $0.24 in its last earnings report, missing expectations of $0.246. Following the earnings report the stock price went up 4.202%.
Which hedge fund is a major shareholder of Magic Software Enterprises Ltd?
Currently, no hedge funds are holding shares in MGIC
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Magic Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$16.00 (21.95% Upside)
$16.00 (21.95% Upside)
Blogger Sentiment
Bullish
MGIC Sentiment 100%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Decreased
By 17.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 10.7%
Last 30 Days ▼ 10.7%
News Sentiment
Very Bullish
Bullish news 99%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
16.47%
12-Months-Change
Fundamentals
Return on Equity
13.58%
Trailing 12-Months
Asset Growth
3.43%
Trailing 12-Months
Company Description
Magic Software Enterprises Ltd
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; FactoryEye for virtualization of production data; BusinessEye for organizational business intelligence; and Magic SmartUX for cross-platform mobile business applications. It also provides vertical software solutions comprising Clicks, a software solution for healthcare providers; Leap, a software solution for business support systems; Hermes Cargo, a packaged software solution for managing air cargo ground handling; HR Pulse, a single-tenant software as a service tool; MBS Solution, a system for managing TV broadcast management; Nativ, a system for management of rehabilitation centers; and Mobisale, a system for sales and distribution field activities for consumer goods manufacturers and wholesalers. In addition, the company provides software maintenance, support, training, and consulting services. 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 incorporated in 1983 and is headquartered in Or Yehuda, Israel.
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MGIC Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflects a generally positive outlook due to significant revenue growth, a strategic merger, and strong performance in cloud services. However, there were some areas of concern, such as stagnant organic growth in North America and a decrease in net income. Despite these, the merger with Matrix I.T. is expected to create substantial value and enhance future growth prospects.Read More>---
MGIC Stock 12 Month Forecast
Average Price Target
$16.00
▲(21.95% Upside)
Technical Analysis
Best Analysts Covering MGIC
1 Year
1 Year Success Rate
16/23 ratings generated profit
1 Year Average Return
+17.15%
reiterated a buy rating last month
Copying Tavy Rosner's trades and holding each position for 1 Year would result in 69.57% of your transactions generating a profit, with an average return of +17.15% per trade.
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