Magic Software Enterprise...

13.90
-0.30 (-2.11%)
At close: Mar 18, 2025, 3:59 PM
13.87
-0.25%
Pre-market: Mar 19, 2025, 05:52 AM EDT
-2.11%
Bid 13.65
Market Cap 682.48M
Revenue (ttm) 535.49M
Net Income (ttm) 34.74M
EPS (ttm) 0.75
PE Ratio (ttm) 18.53
Forward PE 12.7
Analyst Hold
Ask 14.08
Volume 141,269
Avg. Volume (20D) 65,713
Open 13.85
Previous Close 14.20
Day's Range 13.65 - 13.98
52-Week Range 9.51 - 14.24
Beta 1.11

About MGIC

Magic Software Enterprises Ltd. provides proprietary application development, business process integration, vertical software solutions, and information technologies (IT) outsourcing software 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 Servi...

Sector Technology
IPO Date Aug 30, 1991
Employees 3,628
Stock Exchange NASDAQ
Ticker Symbol MGIC
Full Company Profile

Analyst Forecast

According to 2 analyst ratings, the average rating for MGIC stock is "Hold." The 12-month stock price forecast is $16, which is an increase of 15.11% from the latest price.

Stock Forecasts

Earnings Surprise

Magic Software Enterprises Ltd. has released their quartely earnings on Mar 11, 2025:
  • Revenue of $142.58M exceeds estimates by $5.58M, with 13.57% YoY growth.
  • EPS of 0.24 misses estimates by 0.00, with 0.00% YoY growth.
  • Next Earnings Release

    Magic Software Enterprises Ltd. is scheduled to release its earnings on May 15, 2025, before market opens.
    Analysts project revenue of ... Unlock content with Pro Subscription
    1 week ago
    +4.2%
    Magic Software Enterprises shares are trading high... Unlock content with Pro Subscription
    10 months ago
    -9.01%
    Magic Software Enterprises shares are trading lower after the company reported a year-over-year decrease in Q1 financial results.