Magic Software Enterprises Ltd. provides proprietary application development, business process integration, and vertical software solutions and related professional services in Israel and internationally. The company's Software Solutions segment develops, markets, sells, and supports a proprietary and none proprietary application platform, software applications, and business and process integration solutions and related services. Its 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, as well as supplemental outsourcing services. The company offers Magic xpa, a proprietary application platform for developing and deploying business applications; AppBuilder application platform for building, deploying, and maintaining mainframe-grade business applications; and Magic xpi integration platform, a graphical wizard-based code-free solution. It also provides vertical software solutions comprising Clicks, a software solution for healthcare providers; Leap, a software solution for business support systems; Hermes Solution for both hubs and traditional air cargo ground handling operations; HR Pulse, a customized single-tenant software as a service tool that helps organizations to create new human capital management solutions; and MBS Solution, a proprietary system for managing TV broadcast channels. In addition, it provides software maintenance, support, training, and consulting services. It serves oil and gas, telecommunications, financial, healthcare, industrial sectors, as well as public institutions and international agencies. The company was formerly known as Mashov Software Export (1983) Ltd. and changed its name to Magic Software Enterprises Ltd. in 1991. Magic Software Enterprises Ltd. was founded in 1983 and is headquartered in Or Yehuda, Israel.
Industry, Sector and Symbol
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:MGIC
CUSIPN/A
Phone972-3538-9292
Debt
Debt-to-Equity Ratio0.13
Current Ratio3.04
Quick Ratio3.04
Price-To-Earnings
Trailing P/E Ratio17.83
Forward P/E Ratio14.39
P/E GrowthN/A
Sales & Book Value
Annual Sales$257.99 million
Price / Sales1.55
Cash Flow$0.7869 per share
Price / Cash10.42
Book Value$4.80 per share
Price / Book1.71
Profitability
EPS (Most Recent Fiscal Year)$0.46
Net Income$15.44 million
Net Margins5.90%
Return on Equity10.41%
Return on Assets6.41%
Miscellaneous
Employees2,052
Outstanding Shares48,760,000
Magic Software Enterprises (NASDAQ:MGIC) Frequently Asked Questions
What is Magic Software Enterprises' stock symbol?
Magic Software Enterprises trades on the NASDAQ under the ticker symbol "MGIC."
How often does Magic Software Enterprises pay dividends? What is the dividend yield for Magic Software Enterprises?
Magic Software Enterprises announced a Semi-Annual dividend on Wednesday, February 28th. Stockholders of record on Tuesday, March 13th will be paid a dividend of $0.13 per share on Monday, March 26th. This represents a dividend yield of 3.21%. The ex-dividend date of this dividend is Monday, March 12th. This is a positive change from Magic Software Enterprises's previous Semi-Annual dividend of $0.09. View Magic Software Enterprises' Dividend History.
How were Magic Software Enterprises' earnings last quarter?
Magic Software Enterprises (NASDAQ:MGIC) posted its quarterly earnings results on Wednesday, May, 16th. The software maker reported $0.14 EPS for the quarter, beating analysts' consensus estimates of $0.13 by $0.01. The software maker had revenue of $69.73 million for the quarter, compared to analyst estimates of $66.55 million. Magic Software Enterprises had a return on equity of 10.41% and a net margin of 5.90%. View Magic Software Enterprises' Earnings History.
When is Magic Software Enterprises' next earnings date?
What price target have analysts set for MGIC?
3 equities research analysts have issued twelve-month price objectives for Magic Software Enterprises' shares. Their forecasts range from $10.00 to $10.50. On average, they anticipate Magic Software Enterprises' stock price to reach $10.25 in the next year. View Analyst Ratings for Magic Software Enterprises.
Who are some of Magic Software Enterprises' key competitors?
Some companies that are related to Magic Software Enterprises include Apptio (APTI), Instructure (INST), MicroStrategy (MSTR), Hortonworks (HDP), Rapid7 (RPD), Cheetah Mobile (CMCM), LivePerson (LPSN), Everbridge (EVBG), Endurance International Group (EIGI), SPS Commerce (SPSC), SendGrid (SEND), Web.com Group Inc. common stock (WEB), Benefitfocus (BNFT), Workiva (WK) and QAD (QADA).
Who are Magic Software Enterprises' key executives?
Magic Software Enterprises' management team includes the folowing people:
- Mr. Arik Kilman, Chairman of Software Solutions Division & CEO AppBuilder Solutions (Age 65)
- Mr. Arik Faingold, Pres of Integration Solutions Division (Age 41)
- Mr. Yakov Tsaroya, Chief Exec. Officer of Coretech Consulting Services and Fusion Solutions (Age 48)
- Mr. Udi Ertel, Pres of Software Solutions Division (Age 59)
- Mr. Yuval Baruch, Chief Exec. Officer of Hermes Logistics Technologies (Age 51)
Has Magic Software Enterprises been receiving favorable news coverage?
News headlines about MGIC stock have trended somewhat positive this week, Accern reports. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Magic Software Enterprises earned a news impact score of 0.07 on Accern's scale. They also assigned news coverage about the software maker an impact score of 46.00 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
Who are Magic Software Enterprises' major shareholders?
Which institutional investors are selling Magic Software Enterprises stock?
Which institutional investors are buying Magic Software Enterprises stock?
How do I buy shares of Magic Software Enterprises?
Shares of MGIC 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, Scottrade, Fidelity and Charles Schwab.
What is Magic Software Enterprises' stock price today?
One share of MGIC stock can currently be purchased for approximately $8.20.
How big of a company is Magic Software Enterprises?
Magic Software Enterprises has a market capitalization of $399.81 million and generates $257.99 million in revenue each year. The software maker earns $15.44 million in net income (profit) each year or $0.46 on an earnings per share basis. Magic Software Enterprises employs 2,052 workers across the globe.
How can I contact Magic Software Enterprises?
Magic Software Enterprises' mailing address is 5 HAPLADA STREET, OR YEHUDA L3, 6021805. The software maker can be reached via phone at 972-3538-9292 or via email at [email protected]
MarketBeat Community Rating for Magic Software Enterprises (MGIC)
MarketBeat's community ratings are surveys of what our community members think about Magic Software Enterprises and other stocks. Vote "Outperform" if you believe MGIC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MGIC will underperform the S&P 500 over the long term. You may vote once every thirty days.
