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Magic Software Enterprises Ltd. (MGIC)

11.61 -0.14 (-1.19%)
At close: April 24 at 4:00 PM EDT
11.25 -0.36 (-3.10%)
After hours: April 24 at 4:48 PM EDT
Loading Chart for MGIC
DELL
  • Previous Close 11.75
  • Open 11.82
  • Bid 11.58 x 100
  • Ask 11.65 x 200
  • Day's Range 11.55 - 11.82
  • 52 Week Range 8.15 - 14.82
  • Volume 29,466
  • Avg. Volume 61,474
  • Market Cap (intraday) 579.965M
  • Beta (5Y Monthly) 1.15
  • PE Ratio (TTM) 15.08
  • EPS (TTM) 0.77
  • Earnings Date Apr 29, 2024 - May 3, 2024
  • Forward Dividend & Yield 0.65 (5.63%)
  • Ex-Dividend Date Aug 29, 2023
  • 1y Target Est --

Magic Software Enterprises Ltd. provides proprietary application development, vertical software solutions, business process integration, information technologies (IT) outsourcing software services, and cloud based 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. It also offers proprietary application platforms, such as Magic xpa for developing and deploying business applications; AppBuilder for building, deploying, and maintaining business applications; Magic xpi for application integration; Magic xpi cloud native; FactoryEye for virtualization of production data; Magic Data Management and Analytics Platform for data management; 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. The company was incorporated in 1983 and is headquartered in Or Yehuda, Israel.

www.magicsoftware.com

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Full Time Employees

December 31

Fiscal Year Ends

Recent News: MGIC

Performance Overview: MGIC

Trailing total returns as of 4/24/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

MGIC
19.81%
TA-125
4.58%

1-Year Return

MGIC
7.15%
TA-125
14.53%

3-Year Return

MGIC
21.58%
TA-125
15.53%

5-Year Return

MGIC
41.11%
TA-125
33.48%

Compare To: MGIC

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Statistics: MGIC

Valuation Measures

Annual
As of 4/25/2024
  • Market Cap

    578.65M

  • Enterprise Value

    584.47M

  • Trailing P/E

    15.08

  • Forward P/E

    --

  • PEG Ratio (5yr expected)

    --

  • Price/Sales (ttm)

    1.02

  • Price/Book (mrq)

    2.28

  • Enterprise Value/Revenue

    1.05

  • Enterprise Value/EBITDA

    7.32

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    6.92%

  • Return on Assets (ttm)

    6.96%

  • Return on Equity (ttm)

    14.98%

  • Revenue (ttm)

    535.05M

  • Net Income Avi to Common (ttm)

    37.03M

  • Diluted EPS (ttm)

    0.77

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    107.11M

  • Total Debt/Equity (mrq)

    37.37%

  • Levered Free Cash Flow (ttm)

    41.8M

Research Analysis: MGIC

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Company Insights: MGIC

Fair Value

11.61 Current
 

Dividend Score

0 Low
MGIC
Sector Avg.
100 High
 

Hiring Score

0 Low
MGIC
Sector Avg.
100 High
 

Insider Sentiment Score

0 Low
MGIC
Sector Avg.
100 High
 

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