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Magic Software Enterprises Stock Predictions

Magic Software Enterprises Stock Forecast

  • Over the next 52 weeks, Magic Software Enterprises has on average historically risen by 26.5% based on the past 33 years of stock performance.
  • Magic Software Enterprises has risen higher in 20 of those 33 years over the subsequent 52-week period, corresponding to a historical accuracy of 60.61%
  • Is Magic Software Enterprises Stock Undervalued?
    The current Magic Software Enterprises [MGIC] share price is $21.47. The Score for MGIC is 69, which is 38% above its historic median score of 50, and infers lower risk than normal.
  • MGIC is currently trading in the 60-70% percentile range relative to its historical Stock Score levels.

Will Magic Software Enterprises Stock Go Up Next Year?

  • Over the next 52 weeks, Magic Software Enterprises has on average historically risen by 26.5% based on the past 33 years of stock performance.

Magic Software Enterprises Stock Rating

Buy
69
Magic Software Enterprises (MGIC) is a Buy

Is Magic Software Enterprises overpriced?

  • Magic Software Enterprises has risen higher in 20 of those 33 years over the subsequent 52-week period, corresponding to a historical accuracy of 60.61%

Magic Software Enterprises Stock Price History

Is MGIC stock going to rise?

  • Based on the share price being above its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bullish and MGIC is experiencing slight buying pressure.

Stock Information

Stock Info

Exchange:
NASDAQ
Country:
Israel
Industry:
Software
Sector:
Information Technology
Type:
stock
Website:
magicsoftware.com

52-Week Data

52-Week High:
22.00
52-Week Low:
9.64

Prediction Charts

Market Cap:
1.1B
Price in USD:
21.47
Volume:
68.2K
Beta:
1.35

Technical Analysis

SMA50:
16.65
SMA100:
14.88
SMA200:
13.36
52-Wk Change:
96.97%

Stock Predictions

  • Is Magic Software Enterprises stock public?
    Yes, Magic Software Enterprises is a publicly traded company.
  • What is the Magic Software Enterprises stock quote today?
    The Magic Software Enterprises stock price is 21.47 USD today.
  • How to buy Magic Software Enterprises stock online?
    You can buy Magic Software Enterprises shares by opening an account at a top tier brokerage firm, such as TD Ameritrade or tastyworks.

14-Day Historical Data

Date Opening Closing Minimum Maximum
Jun-23 17.08 17.40 17.47 17.04
Jun-24 17.81 17.90 18.03 17.72
Jun-25 18.10 18.07 18.26 17.97
Jun-26 18.04 18.10 18.25 18.00
Jun-27 18.10 18.21 18.25 17.93
Jun-30 18.93 19.12 19.38 18.89
Jul-1 19.31 19.67 19.90 19.20
Jul-2 19.94 20.33 20.44 19.66
Jul-3 20.33 20.70 20.83 20.33
Jul-7 20.82 20.98 21.26 20.79
Jul-8 20.83 20.40 21.98 20.17
Jul-9 21.17 21.67 21.74 21.14
Jul-10 21.73 21.57 22.00 21.33
Jul-11 21.33 21.47 21.59 21.26

Magic Software Enterprises Earnings

Magic Software Enterprises Earnings Report: Per Share Magic Software Enterprises Earnings Q1 Q2 Q3 and Q4 last year and next year.

Magic Software Enterprises Forecast Revenue Growth

Magic Software Enterprises Stock Analysis: Historical quarterly revenues per share for Magic Software Enterprises and historical quarterly revenue growth:

  • Analysts estimate an earnings increase this quarter of $0.00 per share, an increase next quarter of $0.04 per share, an increase this year of $0.06 per share, and an increase next year of $0.06 per share.

* Magic Software Enterprises stock forecasts short-term for next days and weeks may differ from long term prediction for next month and year based on timeline differences.