MGIC Stock Overview
Provides proprietary application development, vertical software solutions, business process integration, information technologies (IT) outsourcing software services, and cloud based services in Israel and internationally.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 5/6 |
Magic Software Enterprises Ltd. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$10.83 |
| 52 Week High | US$14.15 |
| 52 Week Low | US$8.15 |
| Beta | 1.12 |
| 1 Month Change | -6.56% |
| 3 Month Change | 1.88% |
| 1 Year Change | -16.37% |
| 3 Year Change | -34.04% |
| 5 Year Change | 27.26% |
| Change since IPO | 299.88% |
Recent News & Updates
The Bear's Case For Magic Software Enterprises
Apr 03Investors Can Find Comfort In Magic Software Enterprises' (NASDAQ:MGIC) Earnings Quality
Mar 20
Recent updates
The Bear's Case For Magic Software Enterprises
Apr 03Investors Can Find Comfort In Magic Software Enterprises' (NASDAQ:MGIC) Earnings Quality
Mar 20Is It Too Late To Consider Buying Magic Software Enterprises Ltd. (NASDAQ:MGIC)?
Mar 15Is It Too Late To Consider Buying Magic Software Enterprises Ltd. (NASDAQ:MGIC)?
Nov 10Is Magic Software Enterprises (NASDAQ:MGIC) Using Too Much Debt?
Oct 26Magic Software Enterprises (NASDAQ:MGIC) Will Pay A Larger Dividend Than Last Year At $0.327
Aug 28Is There Now An Opportunity In Magic Software Enterprises Ltd. (NASDAQ:MGIC)?
Jul 26Should You Think About Buying Magic Software Enterprises Ltd. (NASDAQ:MGIC) Now?
Mar 15Is Now An Opportune Moment To Examine Magic Software Enterprises Ltd. (NASDAQ:MGIC)?
Nov 04Magic Software Enterprises (NASDAQ:MGIC) Could Easily Take On More Debt
Sep 01Magic Software goes ex-dividend on Monday
Aug 26Magic Software Q2 2022 Earnings Preview
Aug 10Magic Software Continues To Create Revenue Platforms In Resilient Industries
May 15Magic Software Enterprises (NASDAQ:MGIC) Is Increasing Its Dividend To US$0.22
Mar 05Magic's Growth Strengthens Asseco Case, But Receivables Are Bloating
Mar 03Magic Software Enterprises (NASDAQ:MGIC) Might Have The Makings Of A Multi-Bagger
Feb 24Does Magic Software Enterprises (NASDAQ:MGIC) Have A Healthy Balance Sheet?
Dec 28Magic Software Continues To Deliver Growth, But Consulting Model Exposed To Human Capital Risks
Dec 21Should You Think About Buying Magic Software Enterprises Ltd. (NASDAQ:MGIC) Now?
Nov 03There's Been No Shortage Of Growth Recently For Magic Software Enterprises' (NASDAQ:MGIC) Returns On Capital
Oct 18Magic Software Enterprises: Benefits From Durable M&A, Digitalization And Logistics Strength
Sep 12Magic Software Enterprises' (NASDAQ:MGIC) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 15We Think Magic Software Enterprises (NASDAQ:MGIC) Can Manage Its Debt With Ease
Aug 13Magic Software EPS beats by $0.01, beats on revenue
May 10Here's How We Evaluate Magic Software Enterprises Ltd.'s (NASDAQ:MGIC) Dividend
May 04At US$16.05, Is It Time To Put Magic Software Enterprises Ltd. (NASDAQ:MGIC) On Your Watch List?
Apr 12Magic Software Enterprises (NASDAQ:MGIC) Has More To Do To Multiply In Value Going Forward
Mar 31Four Days Left To Buy Magic Software Enterprises Ltd. (NASDAQ:MGIC) Before The Ex-Dividend Date
Mar 19Do Its Financials Have Any Role To Play In Driving Magic Software Enterprises Ltd.'s (NASDAQ:MGIC) Stock Up Recently?
Mar 15Magic Software Enterprises (NASDAQ:MGIC) Has Gifted Shareholders With A Fantastic 162% Total Return On Their Investment
Mar 03Does Magic Software Enterprises' (NASDAQ:MGIC) Statutory Profit Adequately Reflect Its Underlying Profit?
Feb 19
Shareholder Returns
| MGIC | US Software | US Market | |
|---|---|---|---|
| 7D | -15.9% | 2.9% | 1.2% |
| 1Y | -16.4% | 36.3% | 27.7% |
Return vs Industry: MGIC underperformed the US Software industry which returned 36.3% over the past year.
Return vs Market: MGIC underperformed the US Market which returned 27.7% over the past year.
Price Volatility
| MGIC volatility | |
|---|---|
| MGIC Average Weekly Movement | 5.3% |
| Software Industry Average Movement | 7.4% |
| Market Average Movement | 5.9% |
| 10% most volatile stocks in US Market | 16.2% |
| 10% least volatile stocks in US Market | 2.8% |
Stable Share Price: MGIC has not had significant price volatility in the past 3 months.
Volatility Over Time: MGIC's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1983 | 4,161 | Guy Bernstein | www.magicsoftware.com |
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.
Magic Software Enterprises Ltd. Fundamentals Summary
| MGIC fundamental statistics | |
|---|---|
| Market cap | US$531.75m |
| Earnings (TTM) | US$35.72m |
| Revenue (TTM) | US$523.33m |
14.9x
P/E Ratio1.0x
P/S RatioIs MGIC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| MGIC income statement (TTM) | |
|---|---|
| Revenue | US$523.33m |
| Cost of Revenue | US$372.53m |
| Gross Profit | US$150.80m |
| Other Expenses | US$115.08m |
| Earnings | US$35.72m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.73 |
| Gross Margin | 28.82% |
| Net Profit Margin | 6.83% |
| Debt/Equity Ratio | 26.4% |
How did MGIC perform over the long term?
See historical performance and comparisonDividends
4.9%
Current Dividend Yield70%
Payout RatioDoes MGIC pay a reliable dividends?
See MGIC dividend history and benchmarks| Magic Software Enterprises dividend dates | |
|---|---|
| Ex Dividend Date | Jun 27 2024 |
| Dividend Pay Date | Jul 11 2024 |
| Days until Ex dividend | 35 days |
| Days until Dividend pay date | 49 days |
Does MGIC pay a reliable dividends?
See MGIC dividend history and benchmarks