Magic Software Enterprises Company Profile (NASDAQ:MGIC)

About Magic Software Enterprises

Magic Software Enterprises logoMagic Software Enterprises Ltd. is a provider of application development, business process integration platforms, vertical software solutions and related professional services. The Company is a vendor of information technology (IT) outsourcing services. Its software technology is used by customers to develop, deploy and integrate on premise, mobile and cloud-based business. It operates through two segments: software solutions 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, AppBuilder Application Platform and Magic xpi Integration Platform. Its vertical software packages include Leap, Hermes Solution, HR Pulse and MBS Solution.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Application Software
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: MGIC
  • CUSIP:
Key Metrics:
  • Previous Close: $7.36
  • 50 Day Moving Average: $7.50
  • 200 Day Moving Average: $7.00
  • 52-Week Range: $5.13 - $7.89
  • Trailing P/E Ratio: 21.35
  • Foreward P/E Ratio: 12.69
  • P/E Growth: 1.47
  • Market Cap: $320.40M
  • Outstanding Shares: 44,132,000
  • Beta: 1.04
Profitability:
  • Net Margins: 8.43%
  • Return on Equity: 10.60%
  • Return on Assets: 8.61%
Debt:
  • Debt-to-Equity Ratio: 0.02%
  • Current Ratio: 4.09%
  • Quick Ratio: 4.09%
Additional Links:
Companies Related to Magic Software Enterprises:

Analyst Ratings

Consensus Ratings for Magic Software Enterprises (NASDAQ:MGIC) (?)
Ratings Breakdown: 2 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $8.00 (8.70% upside)

Analysts' Ratings History for Magic Software Enterprises (NASDAQ:MGIC)
Show:
DateFirmActionRatingPrice TargetDetails
8/11/2016Barclays PLCSet Price TargetBuy$8.50 -> $9.00View Rating Details
12/3/2015HC WainwrightReiterated RatingBuy$7.00View Rating Details
(Data available from 9/27/2014 forward)

Earnings

Earnings History for Magic Software Enterprises (NASDAQ:MGIC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/10/2016Q216$0.13$0.12$45.07 million$47.40 millionViewListenView Earnings Details
5/9/2016Q116$0.14$0.11$43.97 million$44.70 millionViewN/AView Earnings Details
2/17/2016Q415$0.15$0.13$44.81 million$47.90 millionViewListenView Earnings Details
11/11/2015Q315$0.13$0.13$43.33 million$45.30 millionViewListenView Earnings Details
8/11/2015Q215$0.12$0.12$41.85 million$42.50 millionViewListenView Earnings Details
5/11/2015Q115$0.12$0.12$43.80 million$40.30 millionViewListenView Earnings Details
1/30/2015Q414$0.11$0.13$42.35 million$42.50 millionViewN/AView Earnings Details
11/10/2014Q3$0.14$0.11$41.00 million$40.20 millionViewN/AView Earnings Details
8/11/2014Q214$0.11$0.11$39.30 million$40.60 millionViewN/AView Earnings Details
5/7/2014Q114$0.13$0.12$33.40 million$40.90 millionViewN/AView Earnings Details
2/12/2014Q413$0.16$55.73 million$41.19 millionViewN/AView Earnings Details
11/6/2013Q313$0.12$0.11$35.50 million$35.60 millionViewN/AView Earnings Details
5/7/2013Q113$0.12$0.11$33.80 million$33.40 millionViewN/AView Earnings Details
2/14/2013Q412$0.13$0.12$35.00 million$35.70 millionViewN/AView Earnings Details
11/7/2012Q312$0.11$0.11$30.00 million$30.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Magic Software Enterprises (NASDAQ:MGIC)
Current Year EPS Consensus Estimate: $0.51 EPS
Next Year EPS Consensus Estimate: $0.58 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20161$0.12$0.12$0.12
Q2 20161$0.11$0.11$0.11
Q3 20161$0.13$0.13$0.13
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)

Dividends

Current Dividend Information for Magic Software Enterprises (NASDAQ:MGIC)
Annual Dividend:$0.17
Dividend Yield:2.31%
Payout Ratio:50.00% (Based on Trailing 12 Months of Earnings)
33.33% (Based on Current Year Consensus EPS Estimate)
29.31% (Based on Next Year Consensus EPS Estimate)

Dividend History for Magic Software Enterprises (NASDAQ:MGIC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/15/2016$0.099/6/20169/8/20169/22/2016
2/21/2016$0.092/29/20163/2/20163/17/2016
8/12/2015$0.108/21/20158/25/20159/10/2015
2/5/2015$0.082/19/20152/23/20153/11/2015
8/12/2014semiannual$0.102.71%8/15/20148/19/20149/4/2014
2/20/2014semiannual$0.122.78%2/25/20142/27/20143/17/2014
2/20/2014$0.122/25/20142/27/20143/14/2014
8/13/2013semiannual$0.092.96%8/19/20138/21/20139/3/2013
2/15/2013quarterly$0.1210.04%2/21/20132/25/20133/14/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Magic Software Enterprises (NASDAQ:MGIC)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Magic Software Enterprises (NASDAQ:MGIC)
DateHeadline
publicnow.com logoConsolidated first-half sales (NASDAQ:MGIC)
www.publicnow.com - September 22 at 5:52 PM
capitalcube.com logoMagic Software Enterprises Ltd. – Value Analysis (NASDAQ:MGIC) : September 14, 2016 (NASDAQ:MGIC)
www.capitalcube.com - September 14 at 6:15 PM
capitalcube.com logoMagic Software Enterprises Ltd. breached its 50 day moving average in a Bearish Manner : MGIC-US : September 13, 2016 (NASDAQ:MGIC)
www.capitalcube.com - September 13 at 10:57 AM
mysmartrend.com logoMagic Software Enterprises Has Returned 23.5% Since SmarTrend Recommendation (MGIC) (NASDAQ:MGIC)
www.mysmartrend.com - September 12 at 5:53 PM
mysmartrend.com logoMagic Software Enterprises Shares Up 32.1% Since SmarTrend's Buy Recommendation (MGIC) (NASDAQ:MGIC)
www.mysmartrend.com - August 26 at 9:09 AM
News IconMagic declares cash dividend for 1st half 2016. (NASDAQ:MGIC)
www.thefreelibrary.com - August 17 at 6:21 PM
News IconMagic declares cash dividend for 1st half 2016 (NASDAQ:MGIC)
www.financial-news.co.uk - August 15 at 6:21 PM
publicnow.com logoMagic Announces Distribution of Cash Dividend for First Half of 2016 (NASDAQ:MGIC)
www.publicnow.com - August 14 at 10:42 AM
capitalcube.com logoMagic Software Enterprises Ltd. :MGIC-US: Earnings Analysis: Q2, 2016 By the Numbers : August 11, 2016 (NASDAQ:MGIC)
www.capitalcube.com - August 11 at 6:30 PM
4-traders.com logoMagic Software Enterprises : Reports Second Quarter 2016 Financial Results (NASDAQ:MGIC)
www.4-traders.com - August 11 at 9:19 AM
fidaily.com logoShares now up at $7.60 (MGIC) Magic Reports Second Quarter 2016… (NASDAQ:MGIC)
www.fidaily.com - August 11 at 9:19 AM
mysmartrend.com logoMagic Software Enterprises Shares Up 28.7% Since SmarTrend's Buy Recommendation (MGIC) (NASDAQ:MGIC)
www.mysmartrend.com - August 11 at 9:19 AM
seekingalpha.com logoMagic Software Enterprises' (MGIC) CEO Guy Bernstein on Q2 2016 Results - Earnings Call Transcript (NASDAQ:MGIC)
seekingalpha.com - August 11 at 9:19 AM
sg.finance.yahoo.com logoMagic Software meets 2Q profit forecasts (NASDAQ:MGIC)
sg.finance.yahoo.com - August 10 at 9:10 AM
publicnow.com logoMagic Reports Second Quarter 2016 Financial Results (NASDAQ:MGIC)
www.publicnow.com - August 10 at 9:10 AM
capitalcube.com logoMGI Coutier SA :MGIC-FR: Earnings Analysis: For the six months ended December 31, 2015 : August 8, 2016 (NASDAQ:MGIC)
www.capitalcube.com - August 8 at 10:50 AM
publicnow.com logoH1 2016 sales of €496.2 million (NASDAQ:MGIC)
www.publicnow.com - August 5 at 9:13 AM
News IconSelerant PLM & Compliance Software Goes with Magic for Integration (NASDAQ:MGIC)
www.enterprise-security-today.com - July 29 at 9:10 AM
einnews.com logoBrainSell to Host Live Webinar on Integrating JD Edwards and SugarCRM (NASDAQ:MGIC)
www.einnews.com - July 28 at 9:24 AM
News IconPLM software Selerant uses Magic as channel partner for it's integration offering (NASDAQ:MGIC)
www.computerworld.com.au - July 28 at 9:24 AM
4-traders.com logoMagic Software Enterprises : Selerant Makes Magic Software a Key Ingredient for the Integration of Their PLM Solution (NASDAQ:MGIC)
www.4-traders.com - July 28 at 9:24 AM
publicnow.com logoSelerant Makes Magic Software a Key Ingredient for the Integration of Their PLM Solution (NASDAQ:MGIC)
www.publicnow.com - July 27 at 10:28 AM
publicnow.com logoMagic to Announce Second Quarter 2016 Financial Results on August 10, 2016 (NASDAQ:MGIC)
www.publicnow.com - July 13 at 8:13 AM
capitalcube.com logoMagic Software Enterprises Ltd. breached its 50 day moving average in a Bullish Manner : MGIC-US : July 8, 2016 (NASDAQ:MGIC)
www.capitalcube.com - July 8 at 8:09 AM
News IconMagic acquires majority interest in Roshtov (NASDAQ:MGIC)
www.financial-news.co.uk - June 24 at 6:07 PM
News IconMagic Software Chosen as Preferred SugarCRM partner (NASDAQ:MGIC)
www.newsfactor.com - June 24 at 6:07 PM
capitalcube.com logoMagic Software Enterprises Ltd. – Value Analysis (NASDAQ:MGIC) : June 23, 2016 (NASDAQ:MGIC)
www.capitalcube.com - June 23 at 2:27 PM
publicnow.com logoMagic Software Wins SugarCRM’s Partner-to-Partner Award (NASDAQ:MGIC)
www.publicnow.com - June 23 at 9:29 AM
finance.yahoo.com logoMagic Software Wins SugarCRM's Partner-to-Partner Award (NASDAQ:MGIC)
finance.yahoo.com - June 23 at 8:28 AM
News IconMagic Releases v4.5 of Its Code Free Integration Platform (NASDAQ:MGIC)
business.newsfactor.com - June 22 at 10:52 AM
capitalcube.com logoMagic Software Enterprises Ltd. breached its 50 day moving average in a Bullish Manner : MGIC-US : June 22, 2016 (NASDAQ:MGIC)
www.capitalcube.com - June 22 at 8:07 AM
News IconMagic updates integration platform with IoT capabilities (NASDAQ:MGIC)
www.computerworld.com.au - June 21 at 5:49 PM
streetinsider.com logoMagic Software Enterprises (MGIC) to Take Majority Stake in Roshtov Software Industries (NASDAQ:MGIC)
www.streetinsider.com - June 21 at 5:49 PM
4-traders.com logoMagic Software Enterprises : Enhances Integration Platform to Facilitate Digital Transformation and IoT Projects (NASDAQ:MGIC)
www.4-traders.com - June 21 at 10:38 AM
publicnow.com logoMagic Software Enhances Integration Platform to Facilitate Digital Transformation and IoT Projects (NASDAQ:MGIC)
www.publicnow.com - June 21 at 5:49 AM
News IconMagic buys 60% of medical records software co Roshtov (NASDAQ:MGIC)
www.globes.co.il - June 20 at 6:05 PM
seekingalpha.com logoMagic acquires 60% stake in Roshtov software (NASDAQ:MGIC)
seekingalpha.com - June 20 at 6:05 PM
News IconMagic Announces $21 Million Acquisition of Clicks® Development Platform for the Managed Care & Health Care Industries. South Carolina SC (NASDAQ:MGIC)
www.southcarolinasc.com - June 20 at 6:43 AM
publicnow.com logoMagic Announces $21 Million Acquisition of Clicks® Development Platform for the Managed Care and Health Care Industries (NASDAQ:MGIC)
www.publicnow.com - June 20 at 5:49 AM
News IconToyota Israel Improves Customer Experience at Service Centers Across the Country with Mobile App Powered by Magic Software program. South Carolina SC (NASDAQ:MGIC)
www.southcarolinasc.com - June 8 at 9:03 AM
finance.yahoo.com logoToyota Israel Improves Customer Experience at Service Centers Across the Country with Mobile App Powered by Magic Software (NASDAQ:MGIC)
finance.yahoo.com - June 8 at 2:50 AM
News IconMagic Software provides backend integration solution for Servicemax mobile field app (NASDAQ:MGIC)
www.financial-news.co.uk - June 2 at 9:02 AM
News IconMagic Provides Integration for ServiceMax Apps (NASDAQ:MGIC)
www.newsfactor.com - June 2 at 9:02 AM
4-traders.com logoMagic Software Enterprises : Provides Backend Integration Solution for Superior Industries' ServiceMax Mobile Field Service App (NASDAQ:MGIC)
www.4-traders.com - May 31 at 8:55 AM
publicnow.com logoMagic Provides Backend Integration Solution for Superior Industries’ ServiceMax Mobile Field Service App (NASDAQ:MGIC)
www.publicnow.com - May 31 at 8:52 AM
finance.yahoo.com logoMagic Provides Backend Integration Solution for Superior Industries' ServiceMax Mobile Field Service App (NASDAQ:MGIC)
finance.yahoo.com - May 31 at 2:22 AM
News IconOrtam-Malibu Rolls Out Project Management App with Magic's xpa (NASDAQ:MGIC)
www.newsfactor.com - May 19 at 2:40 PM
publicnow.com logoLeading Israeli Construction Firm, Ortam-Malibu, Deploys Mobile Project Management App Based on Magic’s Rapid Application Development Platform (NASDAQ:MGIC)
www.publicnow.com - May 18 at 5:32 AM
finance.yahoo.com logoLeading Israeli Construction Firm, Ortam-Malibu, Deploys Mobile Project Management App Based on Magic's Rapid Application Development Platform (NASDAQ:MGIC)
finance.yahoo.com - May 18 at 2:41 AM
capitalcube.com logoMagic Software Enterprises Ltd. breached its 50 day moving average in a Bullish Manner : MGIC-US : May 17, 2016 (NASDAQ:MGIC)
www.capitalcube.com - May 17 at 8:11 AM

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Magic Software Enterprises (NASDAQ:MGIC) Chart for Tuesday, September, 27, 2016


Last Updated on 9/27/2016 by MarketBeat.com Staff