Magnachip Semiconductor (MX) to Release Quarterly Earnings on Monday

Magnachip Semiconductor (NYSE:MX - Get Free Report) is expected to issue its Q1 2025 quarterly earnings data after the market closes on Monday, May 12th. Analysts expect the company to announce earnings of ($0.23) per share and revenue of $44.50 million for the quarter.

Magnachip Semiconductor Price Performance

MX opened at $3.14 on Monday. The company has a market capitalization of $115.81 million, a price-to-earnings ratio of -2.71 and a beta of 0.74. The firm has a 50-day moving average price of $3.50 and a 200-day moving average price of $3.96. Magnachip Semiconductor has a twelve month low of $2.51 and a twelve month high of $5.98. The company has a quick ratio of 4.09, a current ratio of 4.81 and a debt-to-equity ratio of 0.10.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on MX shares. StockNews.com upgraded Magnachip Semiconductor from a "sell" rating to a "hold" rating in a research report on Thursday, March 13th. Needham & Company LLC reissued a "buy" rating and set a $6.00 target price on shares of Magnachip Semiconductor in a research note on Thursday, March 13th.

Magnachip Semiconductor Company Profile

Magnachip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and supplies analog and mixed-signal semiconductor platform solutions for communications, the Internet of Things, consumer, computing, industrial, and automotive applications. It provides display solutions, including source and gate drivers, and timing controllers that cover a range of flat panel displays used in mobile communications, automotive, entertainment devices, monitors, notebook PCs, tablet PC and TVs applied with liquid crystal display, organic light emitting diodes (OLED), and micro light emitting diode (Micro LED) panel.

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