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Magic Software Enterprises Company Profile (NASDAQ:MGIC)

Consensus Ratings for Magic Software Enterprises (NASDAQ:MGIC) (?)
Ratings Breakdown: 2 Buy Rating(s)
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $7.75 (16.19% upside)

Analysts' Ratings History for Magic Software Enterprises (NASDAQ:MGIC)
Show:
DateFirmActionRatingPrice TargetActions
2/23/2016BarclaysBoost Price TargetOverweight$8.00 -> $8.50View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/3/2015HC WainwrightReiterated RatingBuy$7.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 6/25/2014 forward)
Earnings History for Magic Software Enterprises (NASDAQ:MGIC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
5/9/2016Q116$0.14$0.11$43.97 million$44.70 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/17/2016Q415$0.15$0.13$44.81 million$47.90 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/11/2015Q315$0.13$0.13$43.33 million$45.30 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/11/2015Q215$0.12$0.12$41.85 million$42.50 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/11/2015Q115$0.12$0.12$43.80 million$40.30 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
1/30/2015Q414$0.11$0.13$42.35 million$42.50 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/10/2014Q3$0.14$0.11$41.00 million$40.20 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/11/2014Q214$0.11$0.11$39.30 million$40.60 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/7/2014Q114$0.13$0.12$33.40 million$40.90 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/12/2014Q413$0.16$55.73 million$41.19 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/6/2013Q313$0.12$0.11$35.50 million$35.60 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/7/2013Q113$0.12$0.11$33.80 million$33.40 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/14/2013Q412$0.13$0.12$35.00 million$35.70 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/7/2012Q312$0.11$0.11$30.00 million$30.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)
Earnings Estimates for Magic Software Enterprises (NASDAQ:MGIC)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.12$0.12$0.12
Q2 20161$0.11$0.11$0.11
Q3 20161$0.12$0.12$0.12
Q4 20161$0.13$0.13$0.13
Q1 20171$0.12$0.12$0.12
Q2 20171$0.13$0.13$0.13
Q3 20171$0.15$0.15$0.15
Q4 20171$0.16$0.16$0.16
(Data provided by Zacks Investment Research)
Dividend History for Magic Software Enterprises (NASDAQ:MGIC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
2/21/2016$0.092/29/20163/2/20163/17/2016Tweet This Announcement  Share This Announcement on StockTwits
8/12/2015$0.108/21/20158/25/20159/10/2015Tweet This Announcement  Share This Announcement on StockTwits
2/5/2015$0.082/19/20152/23/20153/11/2015Tweet This Announcement  Share This Announcement on StockTwits
8/12/2014semiannual$0.102.71%8/15/20148/19/20149/4/2014Tweet This Announcement  Share This Announcement on StockTwits
2/20/2014semiannual$0.122.78%2/25/20142/27/20143/17/2014Tweet This Announcement  Share This Announcement on StockTwits
2/20/2014$0.122/25/20142/27/20143/14/2014Tweet This Announcement  Share This Announcement on StockTwits
8/13/2013semiannual$0.092.96%8/19/20138/21/20139/3/2013Tweet This Announcement  Share This Announcement on StockTwits
2/15/2013quarterly$0.1210.04%2/21/20132/25/20133/14/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)
Insider Trading History for Magic Software Enterprises (NASDAQ:MGIC)
No insider trades for this company have been tracked by MarketBeat.com

Latest Headlines for Magic Software Enterprises (NASDAQ:MGIC)
DateHeadline
06/24/16 05:07 PMMagic acquires majority interest in Roshtov
06/24/16 05:07 PMMagic Software Chosen as Preferred SugarCRM partner
06/23/16 01:27 PMMagic Software Enterprises Ltd. – Value Analysis (NASDAQ:MGIC) : June 23, 2016 -
06/23/16 08:29 AMMagic Software Wins SugarCRM’s Partner-to-Partner Award - [at noodls] - Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of software platforms for enterprise mobility, cloud applications, and business integration, announced today that Magic Software ...
06/23/16 07:28 AMMagic Software Wins SugarCRM's Partner-to-Partner Award - [PR Newswire] - The award was presented at SugarCon, SugarCRM's annual conference for customers and partners. Magic's award-winning Magic xpi Integration Platform includes a certified adapter that is optimized for Sugar along with 100+ other prebuilt components and connectors to leading IT systems. Magic xpi enables SugarCRM partners to increase their value proposition by being able to quickly and easily integrate Sugar with other enterprise software systems.
06/22/16 09:52 AMMagic Releases v4.5 of Its Code Free Integration Platform
06/22/16 07:07 AMMagic Software Enterprises Ltd. breached its 50 day moving average in a Bullish Manner : MGIC-US : June 22, 2016 -
06/21/16 04:49 PMMagic updates integration platform with IoT capabilities
06/21/16 04:49 PMMagic Software Enterprises (MGIC) to Take Majority Stake in Roshtov Software Industries
06/21/16 09:38 AMMagic Software Enterprises : Enhances Integration Platform to Facilitate Digital Transformation and IoT Projects
06/21/16 04:49 AMMagic Software Enhances Integration Platform to Facilitate Digital Transformation and IoT Projects - [at noodls] - Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of software platforms for enterprise mobility, cloud applications, and business integration, today announced its Magic xpi 4.5 ...
06/20/16 05:05 PMMagic buys 60% of medical records software co Roshtov
06/20/16 05:05 PMMagic acquires 60% stake in Roshtov software
06/20/16 05:43 AMMagic Announces $21 Million Acquisition of Clicks® Development Platform for the Managed Care & Health Care Industries. South Carolina SC
06/20/16 04:49 AMMagic Announces $21 Million Acquisition of Clicks® Development Platform for the Managed Care and Health Care Industries - [at noodls] - Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of software platforms for enterprise mobility, cloud applications, and business integration, announced today that it has entered ...
06/08/16 08:03 AMToyota Israel Improves Customer Experience at Service Centers Across the Country with Mobile App Powered by Magic Software program. South Carolina SC
06/08/16 01:50 AMToyota Israel Improves Customer Experience at Service Centers Across the Country with Mobile App Powered by Magic Software - [PR Newswire] - OR YEHUDA, Israel, June 8, 2016 /PRNewswire/ -- Magic Software Enterprises Ltd . (NASDAQ and TASE: MGIC), a global provider of software platforms for enterprise mobility , cloud applications , and business ...
06/02/16 08:02 AMMagic Software provides backend integration solution for Servicemax mobile field app - Magic Software Enterprises Ltd. (NASDAQ: MGIC) (TASE: MGIC) has been chosen by Superior Industries for its integration solution to provide backend integration between its ServiceMax mobile field service app and Oracle´s JD Edwards EnterpriseOne ...
06/02/16 08:02 AMMagic Provides Integration for ServiceMax Apps - ... fast automation of business processes between ServiceMax and Oracle’s JD Edwards EnterpriseOne Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC)), a global provider of software platforms for enterprise mobility, cloud applications, and ...
05/31/16 07:55 AMMagic Software Enterprises : Provides Backend Integration Solution for Superior Industries' ServiceMax Mobile Field Service App - Magic Software Enterprises Ltd. ( [http://www.magicsoftware.com?utm_source=PR ]NASDAQ and TASE: MGIC)), a global provider of software platforms [http://www.magicsoftware.com/magic-xpa-application-platform?utm_source=pr ] for enterprise mobility [http ...
05/31/16 07:52 AMMagic Provides Backend Integration Solution for Superior Industries’ ServiceMax Mobile Field Service App - [at noodls] - Magic Software Enterprises Ltd. (NASDAQ and TASE : MGIC), a global provider of mobile and cloud-enabled application and business integration platforms, announced today that Superior Industries chose Magic's ...
05/31/16 01:22 AMMagic Provides Backend Integration Solution for Superior Industries' ServiceMax Mobile Field Service App - [PR Newswire] - Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC)), a global provider of software platforms for enterprise mobility, cloud applications, and business integration, announced today that Superior Industries chose Magic's integration solution to provide the backend integration between its ServiceMax mobile field service app and Oracle's JD Edwards EnterpriseOne. Superior Industries' IT department was tasked with implementing a mobile field service solution for its Westmor Industries C-Store division, responsible for building and servicing gas station convenience stores from the ground up.
05/19/16 01:40 PMOrtam-Malibu Rolls Out Project Management App with Magic's xpa - ... firm sees efficiency increase of 25% with greater project transparency and client communications Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of software platforms for enterprise mobility, cloud applications, and business ...
05/18/16 09:39 PMETF’s with exposure to Magic Software Enterprises Ltd. : May 19, 2016 -
05/18/16 04:32 AMLeading Israeli Construction Firm, Ortam-Malibu, Deploys Mobile Project Management App Based on Magic’s Rapid Application Development Platform - [at noodls] - Magic Software Enterprises Ltd. (NASDAQ and TASE : MGIC), a global provider of mobile and cloud-enabled application and business integration platforms, announced today that leading Israeli construction ...
05/18/16 01:41 AMLeading Israeli Construction Firm, Ortam-Malibu, Deploys Mobile Project Management App Based on Magic's Rapid Application Development Platform - [PR Newswire] - The mobile app, developed and implemented by Magic partner, Tirosh Computer Systems, provides Ortam-Malibu with a centralized environment for managing projects and communicating with end customers. The app provides a major benefit to our business by enabling us to dramatically improve the customer experience while saving time and resources," said Tsach Zalmanovitz, Director of Tenant Changes, at Ortam-Malibu.
05/17/16 07:11 AMMagic Software Enterprises Ltd. breached its 50 day moving average in a Bullish Manner : MGIC-US : May 17, 2016 -
05/16/16 02:58 AMMagic Software Enterprises Ltd. :MGIC-IL: Earnings Analysis: Q1, 2016 By the Numbers : May 16, 2016 -
05/12/16 11:56 AMMagic Software Enterprises Ltd. :MGIC-US: Earnings Analysis: Q1, 2016 By the Numbers -
05/10/16 08:17 AMMagic Software Enterprises'(MGIC) CEO Guy Bernstein on Q1 2016 Results - Earnings Call Transcript - Ladies and gentlemen thank you for standing by. Welcome to the Magic Software Enterprises Ltd. 2016 First Quarter Financial Results Conference Call. With us on line today are Mr. Guy Bernstein, CEO; Mr. Asaf Berenstin, CFO; Mr. Itai Galmor, VP, Global ...
05/10/16 08:17 AMMagic Software Enterprises revenue rises but income falls - Magic Software Enterprises Ltd. (NASDAQ:MGIC) (TASE:MGIC) reported another quarter of year-on-year double-digit revenue growth but income fell. The business software group said revenues in the first quarter to the end of March increased 11% to US$44.7mln ...
05/09/16 05:28 AMMagic Software misses 1Q profit forecasts - [AP] - On a per-share basis, the Or Yehuda, Israel-based company said it had net income of 8 cents. Earnings, adjusted for one-time gains and costs, were 11 cents per share. The results missed Wall Street expectations. ...
05/09/16 04:36 AMMagic Reports First Quarter 2016 Revenues of $44.7 Million, Increasing 11% Year over Year and Non GAAP Operating Income of $6.7 Million - [at noodls] - Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of software platforms for enterprise mobility, cloud applications, and business integration, announced today its financial results ...
05/09/16 04:25 AMMagic Reports First Quarter 2016 Revenues of $44.7 Million, Increasing 11% Year over Year and Non‑GAAP Operating Income of $6.7 Million - [PR Newswire] - OR YEHUDA, Israel, May 9, 2016 /PRNewswire/ -- Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of mobile and cloud-enabled application and business integration platforms , ...
05/06/16 07:04 AMMagic Software Enterprises Ltd. breached its 50 day moving average in a Bullish Manner : MGIC-US : May 6, 2016 -
05/04/16 06:47 AMMagic UK Invites Local Business and IT Leaders to IT Summit 2016 on Digital Transformation and IoT - ... Magic Software Enterprises (NASDAQ: MGIC) helps customers and partners worldwide with smarter technology that provides users with a multi-channel experience to their business logic and data. For more information, please visit www.magicsoftware.com.
05/04/16 06:47 AMMagic UK Hosts IT Summit for Digital Transformation - ... Magic Software Enterprises (NASDAQ: MGIC) helps customers and partners worldwide with smarter technology that provides users with a multi-channel experience to their business logic and data. For more information, please visit the company's website.
05/03/16 05:10 AMMagic Software Announces Filing of 2015 Annual Report - [at noodls] - Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of software platforms for enterprise mobility, cloud applications, and business integration, announced today that it has filed ...
05/02/16 03:50 AMMagic to Announce First Quarter 2016 Financial Results on May 9, 2016 - [at noodls] - Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of software platforms for enterprise mobility, cloud applications, and business integration, announced today that it will report ...
04/06/16 09:42 AM3 Attractive Income Stocks Whose Dividends Could Double - [at Motley Fool] - Want bigger dividend payouts? These three stocks may soon oblige.
04/02/16 12:23 PMMerit Leverages Magic's xpa/xpi Platform for Workforce App - Merit leverages Magic's xpa/xpi platform for workforce app -- Facilities management app integrates with Oracle’s EnterpriseOne, Google Maps and AccuWeather to improve efficiency and customer service Magic Software Enterprises Ltd., a global provider of ...
04/02/16 12:23 PMMerit deploys Magic Software mobile app - Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC) said that Merit Service Solutions has transformed the way it works with its local snow removal contractors by deploying a mobile app that leverages digital capabilities to increase operational ...
03/30/16 01:32 PMMerit teams up with Magic to deliver facilities management app with EnterpriseOne integration - Custom mobile work order application integrates with Oracle’s JD Edwards EnterpriseOne, Google Maps and AccuWeather to improve efficiency and customer service Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of software ...
03/30/16 01:32 PMMagic Software Enterprises : Merit Makes Snow Removal a Clean Sweep Using Magic Software Mobile App - (NASDAQ and TASE: MGIC), a global provider of software platforms [http ... Trademarks Magic is a registered trademark of Magic Software Enterprises Ltd. Oracle and Java are registered trademarks of Oracle and/or its affiliates. All other product and ...
03/30/16 02:14 AMMerit Makes Snow Removal a Clean Sweep Using Magic Software Mobile App - [at noodls] - Magic Software Enterprises Ltd. (NASDAQ and TASE : MGIC), a global provider of mobile and cloud-enabled application and business integration platforms, announced today that Merit Service Solutions, a national ...
02/26/16 07:07 AMMagic Software Enterprises About To Put More Money In Your Pocket (MGIC) - Looking at the universe of stocks we cover at Dividend Channel, on 2/29/16, Magic Software Enterprises Ltd. (MGIC) will trade ex-dividend, for its semi-annual dividend of $0.09, payable on 3/17/16. As a percentage of MGIC's recent stock price of $6.73 ...
02/23/16 12:47 PMMagic Software Enterprises : Leading German Pharmaceutical Company, Mundipharma, Goes Mobile with Magic Software’s Enterprise Mobility Solution - Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of mobile and cloud-enabled application and business integration platforms, today announced that leading German pharmaceutical company, Mundipharma Deutschland (Mundipharma), has ...
02/23/16 12:47 PMMagic distributes cash dividend for second half of 2015 - Magic Software Enterprises Ltd. (NASDAQ: MGIC) board of directors has declared a cash dividend in the amount of USD0.09 per share and in the aggregate amount of approximately USD4.0 million for the second half of 2015. The dividend is payable on March 17 ...
02/23/16 07:30 AMMagic Software Enterprises (MGIC) Jumps: Stock Rises 8.4% -
02/23/16 01:51 AMLeading German Pharmaceutical Company, Mundipharma, Goes Mobile with Magic Software's Enterprise Mobility Solution - [PR Newswire] - Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of software platforms for enterprise mobility, cloud applications, and business integration, today announced that leading German pharmaceutical company, Mundipharma Deutschland (Mundipharma), has selected Magic Software's Enterprise Mobility Solution to deploy a variety of enterprise mobile apps. Mundipharma is aiming to improve employee productivity and satisfaction by simplifying and speeding business processes through multiple enterprise apps.
About Magic Software Enterprises

Magic Software Enterprises logoMagic Software Enterprises Ltd. is a provider of application development, business process integration, and selected vertical software solutions and related professional services. The Company is also a vendor of information technology (IT) outsourcing services. The Company operates through two business segments: software services and IT professional services. The software services segment includes software technology and complementary services. The IT professional services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, and communications services and solutions. Its product portfolio includes Magic xpa Application Platform, a platform that develops and deploys business applications; AppBuilder Application Platform, a platform that builds, deploys and maintains mainframe-grade business applications, and Magic xpi Integration Platform, a platform for application integration.

Industry, Sector and Symbol:
  • Sector: Technology
  • Industry: Application Software
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: MGIC
  • CUSIP:
Key Metrics:
  • Previous Close: $6.67
  • 50 Day Moving Average: $6.80
  • 200 Day Moving Average: $6.33
  • P/E Ratio: 19.62
  • P/E Growth: 1.07
  • Market Cap: $294.36M
  • Current Quarter EPS Consensus Estimate: $0.59 EPS
Additional Links:
Magic Software Enterprises (NASDAQ:MGIC) Chart for Saturday, June, 25, 2016


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