Magic Software Enterprises Ltd. NASDAQ:MGIC

Magic Software Enterprises Ltd. stock price today

$20.28
+8.60
+73.63%
Financial Health
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Magic Software Enterprises Ltd. stock price monthly change

+5.99%
month

Magic Software Enterprises Ltd. stock price quarterly change

+5.99%
quarter

Magic Software Enterprises Ltd. stock price yearly change

+15.53%
year

Magic Software Enterprises Ltd. key metrics

Market Cap
579.37M
Enterprise value
566.87M
P/E
16.50
EV/Sales
1.05
EV/EBITDA
7.21
Price/Sales
1.07
Price/Book
2.05
PEG ratio
-0.27
EPS
0.73
Revenue
523.33M
EBITDA
76.30M
Income
35.72M
Revenue Q/Q
-8.22%
Revenue Y/Y
-8.27%
Profit margin
6.49%
Oper. margin
10.77%
Gross margin
28.42%
EBIT margin
10.77%
EBITDA margin
14.58%
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Magic Software Enterprises Ltd. stock price history

Magic Software Enterprises Ltd. stock forecast

Magic Software Enterprises Ltd. financial statements

Average Price Target
Last Year

$15

Potential downside: -26.03%

Based on estimate of 1 analysts
  • Analysts Price target

  • Financials & Ratios estimates

Magic Software Enterprises Ltd. (NASDAQ:MGIC): Profit margin
Jun 2023 137.58M 11.29M 8.21%
Sep 2023 129.48M 7.14M 5.52%
Dec 2023 125.54M 8.48M 6.76%
Mar 2024 130.72M 8.79M 6.73%
3.76%
Yield TTM
Magic Software Enterprises Ltd. (NASDAQ:MGIC): Payout ratio
Payout ratio 29.14%
Magic Software Enterprises Ltd. (NASDAQ:MGIC): Dividend Yield
2019 3.13%
2020 1.63%
2021 2.12%
2022 3.16%
2023 6.47%
Magic Software Enterprises Ltd. (NASDAQ:MGIC): Debt to assets
Jun 2023 529757000 242.14M 45.71%
Sep 2023 502224000 232.40M 46.27%
Dec 2023 522405999 231.46M 44.31%
Mar 2024 536517000 240.03M 44.74%
Magic Software Enterprises Ltd. (NASDAQ:MGIC): Cash Flow
Jun 2023 23.88M -20.18M -64K
Sep 2023 22.85M -912K -20.35M
Dec 2023 3.13M 4.51M -9.85M
Mar 2024 27.67M -1.57M -5.11M

Magic Software Enterprises Ltd. alternative data

Magic Software Enterprises Ltd. (NASDAQ:MGIC): Employee count
Aug 2023 4,161
Sep 2023 4,161
Oct 2023 4,161
Nov 2023 4,161
Dec 2023 4,161
Jan 2024 4,161
Feb 2024 4,161
Mar 2024 4,161
Apr 2024 4,161
May 2024 4,161
Jun 2024 3,628
Jul 2024 3,628

Magic Software Enterprises Ltd. other data

17.56% -0.77%
of MGIC is owned by hedge funds
8.62M -377.58K
shares is hold by hedge funds
Insider Compensation
Mr. Yakov Tsaroya (1970) Chief Executive Officer of Coretech Consulting Group LLC, Fusion Solution LLC & Xsell Resources Inc.
$855,000
Mr. Arik Faingold (1977) Pres of Integration Solutions Division
$564,440
Mr. Arik Kilman (1953) Chairman of Software Solutions Division
$511,330
Mr. Yuval Baruch (1967) Chief Executive Officer of Hermes Logistics Technologies
$319,470
Mr. Hanan Shahaf MBA (1952) Chief Executive Officer of Roshtov Software Industries Ltd
$310,610
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Zacks Investment Research
  • What's the price of Magic Software Enterprises Ltd. stock today?

    One share of Magic Software Enterprises Ltd. stock can currently be purchased for approximately $20.28.

  • When is Magic Software Enterprises Ltd.'s next earnings date?

    Unfortunately, Magic Software Enterprises Ltd.'s (MGIC) next earnings date is currently unknown.

  • Does Magic Software Enterprises Ltd. pay dividends?

    Yes, Magic Software Enterprises Ltd. pays dividends and its trailing 12-month yield is 3.77% with 29% payout ratio. The last Magic Software Enterprises Ltd. stock dividend of $0.23 was paid on 14 Sep 2021.

  • How much money does Magic Software Enterprises Ltd. make?

    Magic Software Enterprises Ltd. has a market capitalization of 579.37M and it's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 5.6% to 535.05M US dollars.

  • What is Magic Software Enterprises Ltd.'s stock symbol?

    Magic Software Enterprises Ltd. is traded on the NASDAQ under the ticker symbol "MGIC".

  • What is Magic Software Enterprises Ltd.'s primary industry?

    Company operates in the Technology sector and Information Technology Services industry.

  • How do i buy shares of Magic Software Enterprises Ltd.?

    Shares of Magic Software Enterprises Ltd. can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

  • Who are Magic Software Enterprises Ltd.'s key executives?

    Magic Software Enterprises Ltd.'s management team includes the following people:

    • Mr. Yakov Tsaroya Chief Executive Officer of Coretech Consulting Group LLC, Fusion Solution LLC & Xsell Resources Inc.(age: 55, pay: $855,000)
    • Mr. Arik Faingold Pres of Integration Solutions Division(age: 48, pay: $564,440)
    • Mr. Arik Kilman Chairman of Software Solutions Division(age: 72, pay: $511,330)
    • Mr. Yuval Baruch Chief Executive Officer of Hermes Logistics Technologies(age: 58, pay: $319,470)
    • Mr. Hanan Shahaf MBA Chief Executive Officer of Roshtov Software Industries Ltd(age: 73, pay: $310,610)
  • How many employees does Magic Software Enterprises Ltd. have?

    As Jul 2024, Magic Software Enterprises Ltd. employs 3,628 workers, which is 13% less then previous quarter.

  • When Magic Software Enterprises Ltd. went public?

    Magic Software Enterprises Ltd. is publicly traded company for more then 34 years since IPO on 30 Aug 1991.

  • What is Magic Software Enterprises Ltd.'s official website?

    The official website for Magic Software Enterprises Ltd. is magicsoftware.com.

  • How can i contact Magic Software Enterprises Ltd.?

    Magic Software Enterprises Ltd. can be reached via phone at +972 3 538 9292.

  • What is Magic Software Enterprises Ltd. stock forecast & price target?

    Based on 1 Wall Street analysts` predicted price targets for Magic Software Enterprises Ltd. in the last 12 months, the avarage price target is $15. The average price target represents a -26.03% change from the last price of $20.28.

Magic Software Enterprises Ltd. company profile:

Magic Software Enterprises Ltd.

magicsoftware.com
Exchange:

NASDAQ

Full time employees:

3,628

Industry:

Information Technology Services

Sector:

Technology

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.

Terminal Center
Or Yehuda, 6037501

CIK: 0000876779
ISIN: IL0010823123
CUSIP: 559166103