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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 69% based on the past 33 years of stock performance.
  • Magic Software Enterprises has risen higher in 15 of those 33 years over the subsequent 52-week period, corresponding to a historical accuracy of 45.45%
  • Is Magic Software Enterprises Stock Undervalued?
    The current Magic Software Enterprises [MGIC] share price is $12.60. The Score for MGIC is 64, which is 28% 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 69% based on the past 33 years of stock performance.

Magic Software Enterprises Stock Rating

Buy
64
Magic Software Enterprises (MGIC) is a Buy

Is Magic Software Enterprises overpriced?

  • Magic Software Enterprises has risen higher in 15 of those 33 years over the subsequent 52-week period, corresponding to a historical accuracy of 45.45%

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 buying pressure, which is a positive indicator for future bullish movement.

Stock Information

Stock Info

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

52-Week Data

52-Week High:
13.40
52-Week Low:
9.51

Prediction Charts

Market Cap:
618.7M
Price in USD:
12.60
Volume:
46.6K
Beta:
1.35

Technical Analysis

SMA50:
11.80
SMA100:
11.50
SMA200:
11.26
52-Wk Change:
20.92%

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 12.60 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
Dec-27 11.77 11.68 11.82 11.59
Dec-30 11.68 11.74 11.82 11.51
Dec-31 12.11 12.03 12.24 11.97
Jan-2 12.03 11.89 12.03 11.82
Jan-3 11.85 11.98 11.99 11.84
Jan-6 12.06 12.08 12.20 12.01
Jan-7 12.20 12.09 12.20 11.93
Jan-8 12.02 11.71 12.02 11.64
Jan-10 11.69 11.45 11.71 11.36
Jan-13 11.63 11.85 11.85 11.57
Jan-14 12.26 12.20 12.30 12.15
Jan-15 12.61 12.62 12.68 12.53
Jan-16 12.70 12.30 12.82 12.00
Jan-17 12.42 12.60 12.60 12.25

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, a decrease next quarter of $0.00 per share, an increase this year of $0.04 per share, and an increase next year of $0.05 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.