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Market Cap 629.92M P/E 15.49 EPS this Y -2.00% Ern Qtrly Grth -13.00%
Income 35.72M Forward P/E 10.76 EPS next Y 5.20% 50D Avg Chg -1.00%
Sales 523.33M PEG 2.15 EPS past 5Y 11.21% 200D Avg Chg -13.00%
Dividend N/A Price/Book 2.44 EPS next 5Y 5.70% 52W High Chg -37.00%
Recommedations 1.50 Quick Ratio 1.69 Shares Outstanding 49.10M 52W Low Chg 13.00%
Insider Own 47.10% ROA 6.73% Shares Float 25.97M Beta 1.07
Inst Own 14.90% ROE 14.38% Shares Shorted/Prior 68.23K/27.10K Price 12.70
Gross Margin 28.82% Profit Margin 6.83% Avg. Volume 23,077 Target Price -
Oper. Margin 11.27% Earnings Date Nov 12 Volume 19,330 Change -0.55%
About Magic Software Enterprises Ltd.

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. Its Software Services segment develops, markets, sells, and supports application platform, software applications, and business and process integration solutions and related services. The company's 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. The company 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, It 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.

Magic Software Enterprises Ltd. News
11/20/24 Magic Software price target raised to $15 from $14 at Barclays
11/19/24 Magic Software’s Q3 Surge Despite Early Challenges
11/18/24 Magic Software: Q3 Earnings Snapshot
11/18/24 Magic Software Reports Third Quarter and First Nine Months Period Ended September 30, 2024 Financial Results
11/14/24 US Dividend Stocks To Consider In November 2024
10/16/24 Returns At Magic Software Enterprises (NASDAQ:MGIC) Are On The Way Up
09/30/24 Individual investors own 35% of Magic Software Enterprises Ltd. (NASDAQ:MGIC) shares but public companies control 47% of the company
09/30/24 Top US Dividend Stocks Including Citizens Financial Services
09/13/24 Top Dividend Stocks In US For September 2024
08/31/24 Is Magic Software Enterprises Ltd.'s (NASDAQ:MGIC) Latest Stock Performance Being Led By Its Strong Fundamentals?
08/14/24 At US$10.33, Is It Time To Put Magic Software Enterprises Ltd. (NASDAQ:MGIC) On Your Watch List?
08/14/24 Magic Software: Q2 Earnings Snapshot
08/14/24 Magic Software Reports Second Quarter and First Half 2024 Financial Results
07/29/24 Those who invested in Magic Software Enterprises (NASDAQ:MGIC) five years ago are up 57%
07/22/24 Magic Software to Announce 2024 Second Quarter Financial Results on August 14th, 2024
06/12/24 Is Magic Software Enterprises (MGIC) Outperforming Other Computer and Technology Stocks This Year?
06/06/24 Is Magic Software Enterprises (MGIC) a Great Value Stock Right Now?
08:40 AM Should Value Investors Buy Magic Software Enterprises (MGIC) Stock?
05/16/24 CORRECTION: Magic Software Reports First Quarter 2024 Financial Results
05/16/24 Magic Software Reports First Quarter 2024 Financial Results
MGIC Chatroom

User Image DonCorleone77 Posted - 3 days ago

$MGIC Magic Software reports Q3 non-GAAP EPS 23c vs. 21c last year Reports Q3 revenue $143M vs. $129.5M last year. Guy Bernstein, Chief Executive Officer of Magic Software, said: "We are pleased to report another strong quarter of growth and resilience, with a 10.4% year-over-year increase in revenues, reaching $143 million. This performance reflects the continued success of our strategic focus on delivering value to our customers through innovative digital and cloud transformation solutions. While we are navigating a dynamic macroeconomic environment, our diversified portfolio and strong client relationships have enabled us to achieve consistent growth and improve operational efficiency. Looking ahead, we are confident in our ability to continue building on this momentum as we further invest in our business and enhance our capabilities to meet the evolving needs of our customers worldwide."

User Image Nvidiagh Posted - 2 months ago

$MULN very $MGIC

User Image epsguid Posted - 3 months ago

$MGIC reported earnings of $0.24, consensus was $0.22 via @eWhispers #epsbeat http://eps.sh/d/mgic

User Image Stock_Titan Posted - 3 months ago

$MGIC Magic Software Reports Second Quarter and First Half 2024 Financial Results https://www.stocktitan.net/news/MGIC/magic-software-reports-second-quarter-and-first-half-2024-financial-yrmu31rvx3z2.html

User Image BourlaBeliever Posted - 3 months ago

$MGIC @ShomedaMunny getting interesting again?

User Image Stock_Titan Posted - 07/22/24

$MGIC Magic Software to Announce 2024 Second Quarter Financial Results on August 14th, 2024 https://www.stocktitan.net/news/MGIC/magic-software-to-announce-2024-second-quarter-financial-results-on-rtkes6a0ma22.html

User Image StockInvest_us Posted - 05/28/24

Signal alert: $MGIC - Possible Runner https://stockinvest.us/l/9X8BHt3clm

User Image ShomedaMunny Posted - 5 months ago

$MGIC sold my position at 12.16 a few days ago (from 11.79). Earnings meh

User Image BeachbumInvestor Posted - 5 months ago

@SwissCherry69 ...and still holding 60,000 $MGIC free and clear!!! Woot woot

User Image Stock_Titan Posted - 6 months ago

$MGIC CORRECTION: Magic Software Reports First Quarter 2024 Financial Results https://www.stocktitan.net/news/MGIC/correction-magic-software-reports-first-quarter-2024-financial-pase3ybm1h21.html

User Image Stock_Titan Posted - 6 months ago

$MGIC Magic Software Reports First Quarter 2024 Financial Results https://www.stocktitan.net/news/MGIC/magic-software-reports-first-quarter-2024-financial-pxwy6leqlb05.html

User Image ShomedaMunny Posted - 6 months ago

@TradewithBri u watching $MGIC ?

User Image ShomedaMunny Posted - 6 months ago

$MGIC only 564 followers. Great

User Image ShomedaMunny Posted - 04/30/24

$MGIC there has been consistent accumulation during recent market drops. 12.25 clears sellers recovering their money from 2023 slide which bottomed in November

User Image Stock_Titan Posted - 04/23/24

$MGIC Melanie McFaddin with Wiley Bros – Aintree Capital &Partners, LLC Represents Theoris, Inc. in its Acquisition by CoreTech Consulting Group, LLC https://www.stocktitan.net/news/MGIC/melanie-mc-faddin-with-wiley-bros-aintree-capital-amp-partners-llc-naupga8fdrlk.html

User Image ShomedaMunny Posted - 7 months ago

$MGIC in at 11.79

User Image erevnon Posted - 8 months ago

Barclays maintains Magic Software $MGIC at Overweight and raises the price target from $13 to https://marketsblock.com/stock-upgrades-and-downgrades/

User Image DonCorleone77 Posted - 8 months ago

$MGIC Magic Software sees 2024 revenue $540M-$550M Magic is introducing 2024 annual revenue guidance of between $540 million and $550 million. Measured against Magic Software's annualized 2023 fourth quarter revenue on a go-forward basis, the 2024 annual revenue guidance reflects an annual growth of 7.5% to 9.5%.

User Image DonCorleone77 Posted - 8 months ago

$MGIC Magic Software reports Q4 EPS 24c vs. 27c last year Reports Q4 revenue $125.5M vs. $147.1M last year. Guy Bernstein, Chief Executive Officer of Magic Software, said: "Despite the slowdown we faced during the second half of the year resulting from the headwind facing by some of our customers in certain sectors in the U.S., we remain positive that the vast majority of our customers will continue to value our unique proposition and resume to engage us to an increasing degree as a preferred partner for innovative digital transformation initiatives. Fueled by a well-diversified investment portfolio, we persistently pursue both organic and inorganic avenues of expansion across our service lines. Embracing innovation as our guiding principle, we eagerly anticipate the fruition of our ongoing efforts in cultivating cutting-edge capabilities that are poised to propel us toward sustained, long-term profitability, thereby delivering enduring value to our esteemed shareholders....

User Image epsguid Posted - 8 months ago

$MGIC reported earnings of $0.24, consensus was $0.20 via @eWhispers #epsbeat http://eps.sh/d/mgic

User Image Stock_Titan Posted - 8 months ago

$MGIC Magic Software Reports Fourth Quarter and Full Year 2023 Financial Results https://www.stocktitan.net/news/MGIC/magic-software-reports-fourth-quarter-and-full-year-2023-financial-itwdrebgmj9x.html

User Image Stock_Titan Posted - 02/28/24

$MGIC Magic Software to Announce Fourth Quarter and Full year 2023 Financial Results on March 13th, 2024 https://www.stocktitan.net/news/MGIC/magic-software-to-announce-fourth-quarter-and-full-year-2023-wymdfphg2phl.html

User Image thayford Posted - 9 months ago

$MGIC 9.71 average

User Image StockAutomatePro Posted - 10 months ago

$MGIC Stock market is looking optimistic based on the chart. We alerted the BUY signal at $9.9 and we were able to close this one with profit at $10.82 🎯

User Image StockAutomatePro Posted - 10 months ago

$MGIC Stock is headed for a rally according to the chart. We alerted the BUY signal at $9.96 and we were able to close this one with profit at $10.7 🔏

User Image tickeron Posted - 10 months ago

How does this affect your portfolio? $MGIC price may drop as it broke higher Bollinger Band. View odds of downtrend. https://srnk.us/go/4972056

User Image StockAutomatePro Posted - 10 months ago

$MGIC Stock may be headed for a surge according to the chart. We alerted the BUY signal at $9.84 and we were able to close this one with profit at $10.42 🎯

User Image TalkMarkets Posted - 10 months ago

Will #MagicSoftware Cut Its 6.7% #Dividend Yield? $MGIC https://talkmarkets.com/content/stocks--equities/will-magic-software-cut-its-67-dividend-yield?post=426686

User Image tickeron Posted - 12/25/23

A.I.dvisor is predicting $MGIC is about to fall. View odds of downtrend. https://srnk.us/go/4950641

User Image tickeron Posted - 12/25/23

A.I.dvisor is predicting $MGIC is about to move higher. View odds of uptrend. https://srnk.us/go/4950633

Analyst Ratings
HC Wainwright & Co. Buy Mar 9, 21
HC Wainwright & Co. Buy Aug 17, 20
HC Wainwright & Co. Neutral Mar 11, 20
B of A Securities Underperform Jun 13, 18
Barclays Overweight Aug 11, 16
Barclays Overweight Feb 23, 16
Barclays Overweight Nov 12, 15
HC Wainwright & Co. Buy Jul 9, 15
Barclays Equal-Weight Jan 12, 15