Magic Software Enterprises (MGIC) Projected to Post Earnings on Wednesday

Key Points

• Magic Software Enterprises is set to release its Q2 2025 earnings results on Wednesday, August 13th, with analysts expecting earnings of $0.24 per share.
• In its last earnings report on May 21st, the company achieved $0.25 EPS and reported revenues of $147.34 million, exceeding analyst estimates of $143.80 million.
• Jane Street Group LLC has increased its stake in Magic Software by 126.5%, indicating growing institutional interest, though only 24.70% of shares are held by institutional investors.

Magic Software Enterprises (NASDAQ:MGIC - Get Free Report) is expected to be announcing its Q2 2025 earnings results before the market opens on Wednesday, August 13th. Analysts expect Magic Software Enterprises to post earnings of $0.24 per share for the quarter.

Magic Software Enterprises (NASDAQ:MGIC - Get Free Report) last released its quarterly earnings results on Wednesday, May 21st. The software maker reported $0.25 EPS for the quarter, hitting the consensus estimate of $0.25. Magic Software Enterprises had a net margin of 6.60% and a return on equity of 15.62%. The business had revenue of $147.34 million during the quarter, compared to analyst estimates of $143.80 million. On average, analysts expect Magic Software Enterprises to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Magic Software Enterprises Stock Performance

NASDAQ MGIC traded down $0.15 on Friday, hitting $19.96. The stock had a trading volume of 21,396 shares, compared to its average volume of 52,117. The company's 50-day moving average is $19.15 and its two-hundred day moving average is $15.46. Magic Software Enterprises has a one year low of $10.01 and a one year high of $22.00. The stock has a market cap of $980.04 million, a price-to-earnings ratio of 26.26 and a beta of 1.04. The company has a quick ratio of 1.51, a current ratio of 1.51 and a debt-to-equity ratio of 0.11.

Analyst Ratings Changes

Separately, Wall Street Zen lowered Magic Software Enterprises from a "strong-buy" rating to a "buy" rating in a report on Saturday, May 24th.

Institutional Investors Weigh In On Magic Software Enterprises

A hedge fund recently raised its stake in Magic Software Enterprises stock. Jane Street Group LLC increased its stake in Magic Software Enterprises Ltd. (NASDAQ:MGIC - Free Report) by 126.5% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 32,028 shares of the software maker's stock after acquiring an additional 17,887 shares during the quarter. Jane Street Group LLC owned approximately 0.07% of Magic Software Enterprises worth $416,000 at the end of the most recent quarter. Institutional investors and hedge funds own 24.70% of the company's stock.

Magic Software Enterprises Company Profile

Magic Software Enterprises Ltd. provides proprietary application development, vertical software solutions, business process integration, information technologies (IT) outsourcing software services, and cloud-based services in Israel and internationally. Its Software Services segment develops, markets, sells, and supports application platform, software applications, and business and process integration solutions and related services.