Financhill
Buy
64

MGIC Quote, Financials, Valuation and Earnings

Last price:
$12.57
Seasonality move :
3.09%
Day range:
$12.25 - $12.60
52-week range:
$9.51 - $13.40
Dividend yield:
3.49%
P/E ratio:
18.00x
P/S ratio:
1.16x
P/B ratio:
2.21x
Volume:
46.6K
Avg. volume:
43.6K
1-year change:
20.92%
Market cap:
$618.7M
Revenue:
$535.1M
EPS (TTM):
$0.70

Analysts' Opinion

  • Consensus Rating
    Magic Software Enterprises has received a consensus rating of Buy. The company's average rating is a Buy based on 1 Buy rating, 0 Hold ratings, and 0 Sell ratings.
  • Price Target Upside
    According to analysts' consensus price target of $15.00, Magic Software Enterprises has an estimated upside of 19.05% from its current price of $12.60.
  • Price Target Downside
    According to analysts, the lowest downside price target is $15.00 representing 100% downside risk from its current price of $12.60.

Fair Value

  • According to the consensus of 1 analyst, Magic Software Enterprises has 19.05% upside to fair value with a price target of $15.00 per share.

MGIC vs. S&P 500

  • Over the past 5 trading days, Magic Software Enterprises has overperformed the S&P 500 by 6.93% suggesting its relative strength compared to the major market average is strong at this time.

Share Buyback

  • Magic Software Enterprises does not have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.

Revenue Growth

  • Magic Software Enterprises has grown year-over-year revenues for 1 quarter straight. In the most recent quarter Magic Software Enterprises reported revenues of $143M.

Earnings Growth

  • Magic Software Enterprises has grown year-over-year earnings for 1 quarter straight. In the most recent quarter Magic Software Enterprises reported earnings per share of $0.17.
Enterprise value:
609.9M
EV / Invested capital:
--
Price / LTM sales:
1.16x
EV / EBIT:
9.81x
EV / Revenue:
1.14x
PEG ratio (5yr expected):
--
EV / Free cash flow:
12.76x
Price / Operating cash flow:
12.95x
Enterprise value / EBITDA:
7.38x
Gross Profit (TTM):
$152.2M
Return On Assets:
6.66%
Net Income Margin (TTM):
6.5%
Return On Equity:
11.96%
Return On Invested Capital:
9.5%
Operating Margin:
10.54%
Trailing 12 Months Fiscal Quarters
Period Ending 2022-09-30 2023-09-30 2024-09-30 2023-09-30 2024-09-30
Income Statement
Revenue $552.6M $556.7M $535.5M $129.5M $143M
Gross Profit $150.9M $157.8M $152.2M $36.8M $39.7M
Operating Income $64M $57.5M $58.2M $13.3M $15.1M
EBITDA $83M $80M $82.7M $18.8M $20.3M
Diluted EPS $0.68 $0.82 $0.70 $0.15 $0.17
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Balance Sheet
Current Assets $194.6M $232.8M $243.1M $242M $261.9M
Total Assets $422.5M $471.1M $496.5M $502.2M $526.3M
Current Liabilities $77.5M $95.6M $123.2M $137.5M $149.1M
Total Liabilities $145M $176.5M $206.8M $232.4M $221.7M
Total Equity $277.5M $294.5M $289.7M $269.8M $304.6M
Total Debt $28.8M $43.1M $59.1M $87.9M $65.8M
Trailing 12 Months Fiscal Quarters
Period Ending 2022-09-30 2023-09-30 2024-09-30 2023-09-30 2024-09-30
Cash Flow Statement
Cash Flow Operations $49.8M $81.9M $52.6M $22.9M $7.7M
Cash From Investing -$42.2M -$34.8M -$17.2M -$912K -$3.7M
Cash From Financing -$17.1M -$17.4M -$44.1M -$20.4M -$14.1M
Free Cash Flow $42.6M $76.9M $47.8M $21.7M $6.6M
MGIC
Sector
Market Cap
$618.7M
$115.1M
Price % of 52-Week High
94.03%
67.62%
Dividend Yield
3.49%
0%
Shareholder Yield
--
0.91%
1-Year Price Total Return
20.92%
-5.01%
Beta (5-Year)
1.098
0.916
Dividend yield:
3.49%
Annualized payout:
$0.63
Payout ratio:
28.76%
Growth streak:
3 years

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Technicals

8-day SMA
Buy
Level $12.10
200-day SMA
Buy
Level $11.26
Bollinger Bands (100)
Buy
Level 10.94 - 12.06
Chaikin Money Flow
Buy
Level 6.3M
20-day SMA
Buy
Level $12.00
Relative Strength Index (RSI14)
Buy
Level 59.21
ADX Line
Buy
Level 23.43
Williams %R
Sell
Level -14.7766
50-day SMA
Buy
Level $11.80
MACD (12, 26)
Buy
Level 0.12
25-day Aroon Oscillator
Buy
Level 16
On Balance Volume
Neutral
Level 22.7M

Financial Scores

Buy
Altman Z-Score (Annual)
Level (3.159)
Buy
CA Score (Annual)
Level (0.5526)
Buy
Beneish M-Score (Annual)
Level (-2.8282)
Buy
Momentum Score
Level (9)
Buy
Ohlson Score
Level (-0.3782)
Buy
Piotroski F Score (Annual)
Level (6)
Buy
Quality Ratio Score
Level (5)
Buy
Fundamental Score
Level (10)

Revenue Forecast

Earnings per Share Forecast

Company Profile

Magic Software Enterprises Ltd is a software development company. The company's operating segment includes Software Services and IT Professional Services. It generates maximum revenue from the IT Professional Services segment. 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, as well as supplemental outsourcing services. Geographically, it derives a majority of revenue from the United States and also has a presence in Israel; Europe; Japan, and Other countries.

Stock Forecast FAQ

In the current month, MGIC has received 1 Buy ratings 0 Hold ratings, and 0 Sell ratings. The MGIC average analyst price target in the past 3 months is $15.00.

  • Where Will Magic Software Enterprises Stock Be In 1 Year?

    According to analysts, the consensus estimate is that Magic Software Enterprises share price will rise to $15.00 per share over the next 12 months.

  • What Do Analysts Say About Magic Software Enterprises?

    Analysts are divided on their view about Magic Software Enterprises share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Magic Software Enterprises is a Sell and believe this share price will drop from its current level to $15.00.

  • What Is Magic Software Enterprises's Price Target?

    The price target for Magic Software Enterprises over the next 1-year time period is forecast to be $15.00 according to 1 Wall Street analyst, 1 of them rates the stock a Buy, 0 rate the stock a Sell, and 0 analysts rate the stock a Hold.

  • Is MGIC A Buy, Sell Or Hold?

    According to Wall Street analysts, the consensus rating for Magic Software Enterprises is a Buy. 1 of 1 analysts rates the stock a Buy at this time.

  • How Can I Buy Shares Of MGIC?

    You can purchase shares of Magic Software Enterprises via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, TastyTrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Magic Software Enterprises shares.

  • What Is The Magic Software Enterprises Share Price Today?

    Magic Software Enterprises was last trading at $12.57 per share. This represents the most recent stock quote for Magic Software Enterprises. Yesterday, Magic Software Enterprises closed at $12.60 per share.

  • How To Buy Magic Software Enterprises Stock Online?

    In order to purchase Magic Software Enterprises stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.

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