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Magnachip Semiconductor Corp. (MX)
NYSE:MX
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MX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$4.25 - $8.50
Previous Close$4.61
Volume89.67K
Average Volume (3M)207.90K
Market Cap
$172.68M
Enterprise Value$43.32M
Total Cash (Recent Filing)$162.47M
Total Debt (Recent Filing)$33.11M
Price to Earnings (P/E)―
Beta0.57
Next Earnings
Oct 31, 2024EPS Estimate
-$0.19Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.02
Shares Outstanding37,457,198
10 Day Avg. Volume145,084
30 Day Avg. Volume207,900
Standard Deviation0.12
R-Squared0.08
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)0.56
Price to Sales (P/S)0.81
Price to Cash Flow (P/CF)-39.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.20
Enterprise Value/Gross Profit0.84
Enterprise Value/Ebitda-1.33
Forecast
1Y Price Target
$7.50Price Target Upside62.69% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
MagnaChip News
PremiumCompany Announcements
MagnaChip Executive VP Woungmoo Lee Steps Down, Becomes Consultant
Bulls Say, Bears Say
Bulls Say
Financial PerformanceMagnachip posted a solid quarter and guide as gross margins move higher near-term.
Product DevelopmentNew product ramps into year-end and additional customer wins support the $300MM CY25 number.
RevenueRevenue finally looks like it's turning the corner.
Bears Say
Cash FlowModel has the company burning ~$40MM in cash next year.
SeasonalityExpect normal seasonality to resume in 4Q, driving FY24 estimate lower.
VisibilityVolume ramps are lacking visibility.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
MX FAQ
What was Magnachip Semiconductor Corp.’s price range in the past 12 months?
Magnachip Semiconductor Corp. lowest stock price was $4.25 and its highest was $8.50 in the past 12 months.
What is Magnachip Semiconductor Corp.’s market cap?
Currently, no data Available
When is Magnachip Semiconductor Corp.’s upcoming earnings report date?
Magnachip Semiconductor Corp.’s upcoming earnings report date is Oct 31, 2024 which is in 41 days.
How were Magnachip Semiconductor Corp.’s earnings last quarter?
Magnachip Semiconductor Corp. released its earnings results on Jul 31, 2024. The company reported -$0.21 earnings per share for the quarter, beating the consensus estimate of -$0.33 by $0.12.
Is Magnachip Semiconductor Corp. overvalued?
According to Wall Street analysts Magnachip Semiconductor Corp.’s price is currently Undervalued.
Does Magnachip Semiconductor Corp. pay dividends?
Magnachip Semiconductor Corp. does not currently pay dividends.
What is Magnachip Semiconductor Corp.’s EPS estimate?
Magnachip Semiconductor Corp.’s EPS estimate is -$0.19.
How many shares outstanding does Magnachip Semiconductor Corp. have?
Magnachip Semiconductor Corp. has 37,457,200 shares outstanding.
What happened to Magnachip Semiconductor Corp.’s price movement after its last earnings report?
Magnachip Semiconductor Corp. reported an EPS of -$0.21 in its last earnings report, beating expectations of -$0.33. Following the earnings report the stock price went up 12.967%.
Which hedge fund is a major shareholder of Magnachip Semiconductor Corp.?
Among the largest hedge funds holding Magnachip Semiconductor Corp.’s share is S Squared Technology, LLC. It holds Magnachip Semiconductor Corp.’s shares valued at 3M.
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MagnaChip Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$7.50 (62.69% Upside)
$7.50 (62.69% Upside)
Blogger Sentiment
Bullish
MX Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 100.0 Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 0.9%
Last 30 Days ▼ 0.9%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-42.23%
12-Months-Change
Fundamentals
Return on Equity
-11.82%
Trailing 12-Months
Asset Growth
-7.00%
Trailing 12-Months
Company Description
Magnachip Semiconductor Corp.
MagnaChip Semiconductor Corp. engages in the design and manufacture of analog and mixed-signal semiconductor products. It operates through the following segments: Foundry Services Group and Standard Products Group. The Foundry Services Group segment provides specialty analog and mixed-signal foundry services for fabless and Integrated Device Manufacturer semiconductor companies. The Standard Products Group segment consists of Display Solutions, which offers panel display solutions to the suppliers of large, small and flexible panel displays and Power Solutions, which comprises discrete and integrated circuit solutions for power management in consumer, communication, and industrial applications. The company was founded on November 26, 2003 and is headquartered in Luxembourg.
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MX Company Deck
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MX Earnings Call
Q2 2024
0:00 / 0:00
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MX Stock 12 Month Forecast
Average Price Target
$7.50
▲(62.69% Upside)
Technical Analysis
Best Analysts Covering MX
1 Year
1 Year Success Rate
10/22 ratings generated profit
1 Year Average Return
-2.58%
reiterated a buy rating 2 months ago
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