Magal Security Systems Ltd. develops, manufactures, markets, and sells perimeter intrusion detection sensors, physical barriers, video analytics and video management systems, and cyber security products and systems worldwide. It operates through three segments: Perimeter Products, Turnkey Projects, and Video and Cyber Security. The company offers perimeter security products that enable customers to monitor, limit, and control access by unauthorized personnel to specific regions or areas. Its perimeter security systems include fence mounted detection systems; detection grids, gates, and fences to protect water passages, VIP residences, and other outdoor applications; buried sensors; hybrid perimeter intrusion detection and intelligent lighting systems; electrical field disturbance sensors; and microwave sensors. The company also provides integrated intelligent video management solutions for security surveillance and business intelligence applications; and cyber-security products for monitoring, securing, and the active management of wired, wireless, and fiber optic communication networks, as well as turnkey solutions. In addition, it offers RoboGuard, a platform that runs on a rail along the perimeter of protected sites; and life safety/duress alarm products to protect personnel in prisons. Further, the company provides MTC-1500I, a dual technology outdoor surveillance system; Fortis4G, a fourth generation command and control system; StarNet 2, a security management system; and Network Manager, a middleware package. Its products are used to protect national borders, military bases, power plants, airports, sea ports, postal facilities, prisons, banks, retail operations, hospitals, municipal security, sporting events, and industrial locations from terrorism, theft, and other security threats. The company sells its products through system integrators and distribution channels. Magal Security Systems Ltd. was founded in 1965 and is headquartered in Yehud, Israel.
Industry, Sector and Symbol
Industry Communications equipment, not elsewhere classified
Sub-IndustryN/A
SectorIndustrial Products
Phone972-3539-1444
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$92.60 million
Profitability
Miscellaneous
Employees411
Next Earnings Date11/21/2019 (Estimated)
OptionableOptionable
Magal Security Systems (NASDAQ:MAGS) Frequently Asked Questions
What is Magal Security Systems' stock symbol?
Magal Security Systems trades on the NASDAQ under the ticker symbol "MAGS."
How were Magal Security Systems' earnings last quarter?
Magal Security Systems Ltd. (NASDAQ:MAGS) announced its quarterly earnings results on Thursday, August, 15th. The industrial products company reported ($0.01) earnings per share (EPS) for the quarter. The industrial products company earned $19.70 million during the quarter. Magal Security Systems had a return on equity of 0.72% and a net margin of 0.66%. View Magal Security Systems' Earnings History.
When is Magal Security Systems' next earnings date?
Has Magal Security Systems been receiving favorable news coverage?
News coverage about MAGS stock has been trending negative this week, according to InfoTrie Sentiment. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Magal Security Systems earned a media sentiment score of -2.5 on InfoTrie's scale. They also gave media coverage about the industrial products company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Magal Security Systems.
Are investors shorting Magal Security Systems?
Magal Security Systems saw a decline in short interest during the month of September. As of September 15th, there was short interest totalling 5,500 shares, a decline of 29.5% from the August 15th total of 7,800 shares. Based on an average trading volume of 10,500 shares, the short-interest ratio is currently 0.5 days. Currently, 0.0% of the company's stock are sold short. View Magal Security Systems' Current Options Chain.
Who are some of Magal Security Systems' key competitors?
Some companies that are related to Magal Security Systems include ADVA Optical Networking (ADVOF), Iteris (ITI), Turtle Beach (HEAR), PowerFleet (PWFL), UTStarcom (UTSI), I.D. Systems (IDSY), Risk (George) Industries (RSKIA), Rekor Systems (REKR), Grow Capital (GRWC), Vislink Technologies (VISL), Track Group (TRCK), Ability (ABIL), True Nature (TNTY), 5Barz International (BARZ) and PFO Global (PFGBQ).
What other stocks do shareholders of Magal Security Systems own?
Who are Magal Security Systems' key executives?
Magal Security Systems' management team includes the folowing people:
- Mr. Yaacov Vinokur, Chief Financial Officer (Age 41)
- Mr. Doron Kerbel, VP, Gen. Counsel & Company Sec. (Age 47)
- Mr. Yaniv Shachar, Sr. VP & GM of Magal Israel (Age 45)
- Mr. Gillon Beck, Exec. Chairman (Age 57)
- Mr. Dror Sharon, Chief Exec. Officer
Who are Magal Security Systems' major shareholders?
Magal Security Systems' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Grace & White Inc. NY (5.91%).
Which institutional investors are selling Magal Security Systems stock?
MAGS stock was sold by a variety of institutional investors in the last quarter, including Grace & White Inc. NY.
How do I buy shares of Magal Security Systems?
Shares of MAGS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is Magal Security Systems' stock price today?
One share of MAGS stock can currently be purchased for approximately $3.80.
How big of a company is Magal Security Systems?
What is Magal Security Systems' official website?
How can I contact Magal Security Systems?
Magal Security Systems' mailing address is P.O. Box 70 Industrial Zone, Yehud L3, 5621617. The industrial products company can be reached via phone at 972-3539-1444 or via email at [email protected]
MarketBeat Community Rating for Magal Security Systems (NASDAQ MAGS)
MarketBeat's community ratings are surveys of what our community members think about Magal Security Systems and other stocks. Vote "Outperform" if you believe MAGS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MAGS will underperform the S&P 500 over the long term. You may vote once every thirty days.
