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Magic Software Enterprises Ltd

MGIC
View Detailed Chart
21.850USD
+0.220+1.02%
Close 02/06, 16:00ETQuotes delayed by 15 min
1.07BMarket Cap
26.90P/E TTM

Magic Software Enterprises Ltd

21.850
+0.220+1.02%
Intraday
1m
30m
1h
D
W
M
D

Today

+1.02%

5 Days

-14.95%

1 Month

-19.49%

6 Months

+8.17%

Year to Date

-15.15%

1 Year

+66.03%

View Detailed Chart

Key Insights

Magic Software Enterprises Ltd's fundamentals are relatively very healthy, with industry-average ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 112 out of 482 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 18.00.In the medium term, the stock price is expected to remain stable.Despite a very weak market performance over the past month, 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.

Magic Software Enterprises Ltd's Score

Industry at a Glance

Industry Ranking
112 / 482
Overall Ranking
207 / 4521
Industry
Software & IT Services

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Media Coverage

Last 24 hours
Coverage Level

Very Low
Very High
Neutral

Magic Software Enterprises Ltd 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 26.90, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 10.20M shares, decreasing 11.18% quarter-over-quarter.
Held by Catherine Wood
Star Investor Catherine Wood holds 91.82K shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.20.

Analyst Rating

Based on 2 analysts
Buy
Current Rating
18.000
Target Price
-16.78%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Magic Software Enterprises Ltd News

More news coming soon, stay tuned...

Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Magic Software Enterprises Ltd Info

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.
Ticker SymbolMGIC
CompanyMagic Software Enterprises Ltd
CEOAzar (Moshe)
Websitehttps://www.magicsoftware.com
KeyAI