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Magic Software Enterprises Ltd

MGIC

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View Detailed Chart

19.810USD

+0.420+2.17%

Close 09/18, 16:00（ET）Quotes delayed by 15 min

972.66MMarket Cap

25.30P/E TTM

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Magic Software Enterprises Ltd

19.810

+0.420+2.17%

Overview Company Financials Analysis

Analysis

Intraday

30m

Today

+2.17%

5 Days

-3.03%

1 Month

-1.78%

6 Months

+42.52%

Year to Date

+64.67%

1 Year

+74.85%

View Detailed Chart

The company's fundamentals are relatively very healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite an average stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Score

Industry at a Glance

Industry Ranking

93 / 470

Overall Ranking

163 / 4723

Industry

Software & IT Services

Support & Resistance

No Data

Score Analysis

Current score

Previous score

Analyst Rating

Based on 2 analysts

Buy

Current Rating

18.000

Target Price

-10.76%

Upside Space

Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Company Highlights

StrengthsRisks

Magic Software Enterprises Ltd. is a provider of application development, business process integration platforms, vertical software solutions and related professional services. The Company is a vendor of information technology (IT) outsourcing services. Its software technology is used by customers to develop, deploy and integrate on premise, mobile and cloud-based business. It operates through two segments: software solutions and IT professional services. The software services segment includes software technology and complementary services. The IT professional services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, and communications services and solutions. Its product portfolio includes Magic xpa Application Platform, AppBuilder Application Platform and Magic xpi Integration Platform. Its vertical software packages include Leap, Hermes Solution, HR Pulse and MBS Solution.

High Dividend

The company is a high dividend payer, with the latest dividend payout ratio of 27.16%.

Stable Dividend

The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 27.16%.

Overvalued

The company’s latest PE is 24.76, at a high 3-year percentile range.

Institutional Selling

The latest institutional holdings are 33.31M shares, decreasing 10.62% quarter-over-quarter.

Held by James Simons

Star Investor James Simons holds 377.81K shares of this stock.

Lower Market Activity

The company has less investor interest, with a 20-day turnover ratio of -0.20.