Magnachip Semiconductor Corp Company Profile (NYSE:MX)

About Magnachip Semiconductor Corp

Magnachip Semiconductor Corp logoMagnaChip Semiconductor Corporation is a designer and manufacturer of analog and mixed-signal semiconductor products for consumer, computing, communication, industrial, automotive and Internet of Things (IoT) applications. The Company provides technology platforms for analog, mixed signal, power, high voltage, non-volatile memory and Radio Frequency (RF) applications. The Company has two segments: Foundry Services Group and Standard Products Group. The Company's Foundry Services Group provides analog and mixed-signal foundry services to semiconductor companies and Integrated Device Manufacturers (IDMs) that serve consumer, computing, communication, industrial, automotive and IoT applications. The Company manufactures wafers-based on its customers' product designs. The Company's Standard Products Group includes its Display Solutions and Power Solutions business lines.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Semiconductor - Specialized
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: MX
  • CUSIP:
Key Metrics:
  • Previous Close: $7.25
  • 50 Day Moving Average: $7.73
  • 200 Day Moving Average: $7.42
  • 52-Week Range: $4.71 - $9.17
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 8.73
  • P/E Growth: -3.98
  • Market Cap: $254.10M
  • Outstanding Shares: 35,048,000
  • Beta: 0.3
Profitability:
  • Net Margins: -4.30%
  • Return on Equity: -44.29%
  • Return on Assets: -5.65%
Debt:
  • Debt-to-Equity Ratio: -3.40%
  • Current Ratio: 1.60%
  • Quick Ratio: 1.13%
Additional Links:
Companies Related to Magnachip Semiconductor Corp:

Analyst Ratings

Consensus Ratings for Magnachip Semiconductor Corp (NYSE:MX) (?)
Ratings Breakdown: 3 Buy Ratings
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $8.67 (19.54% upside)

Analysts' Ratings History for Magnachip Semiconductor Corp (NYSE:MX)
Show:
DateFirmActionRatingPrice TargetDetails
2/16/2017Needham & Company LLCReiterated RatingBuy$10.00View Rating Details
9/28/2016Roth CapitalInitiated CoverageBuy$10.00View Rating Details
5/6/2016Topeka Capital MarketsBoost Price TargetBuy$5.00 -> $6.00View Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for Magnachip Semiconductor Corp (NYSE:MX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/15/2017        
2/9/2017Q416$0.07$0.04$180.00 million$180.50 millionViewListenView Earnings Details
10/27/2016Q316$0.03($0.04)$183.00 million$192.30 millionViewListenView Earnings Details
8/3/2016Q216($0.25)($0.05)$159.00 million$167.10 millionViewListenView Earnings Details
2/17/2016Q415($0.48)$0.15$148.75 million$152.40 millionViewListenView Earnings Details
10/29/2015Q315($0.33)($0.30)$150.00 million$154.40 millionViewListenView Earnings Details
8/6/2015Q215($0.40)($0.32)$160.10 million$162.00 millionViewListenView Earnings Details
5/28/2015Q413($0.38)($0.28)$179.55 million$164.90 millionViewListenView Earnings Details
10/29/2013Q313$0.71$0.76$219.70 million$217.82 millionViewListenView Earnings Details
7/30/2013Q2 2013$0.59$0.71$214.91 million$215.30 millionViewListenView Earnings Details
4/30/2013Q1 2013$0.47$0.53$204.92 million$205.30 millionViewListenView Earnings Details
1/30/2013Q4 2012$0.71$0.77$218.71 million$218.10 millionViewListenView Earnings Details
11/1/2012Q312$0.61$0.81$221.43 million$221.90 millionViewN/AView Earnings Details
8/2/2012$0.36$0.48ViewN/AView Earnings Details
4/25/2012$0.14$0.17ViewN/AView Earnings Details
2/1/2012$0.20$0.26ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Magnachip Semiconductor Corp (NYSE:MX)
Current Year EPS Consensus Estimate: $0.24 EPS
Next Year EPS Consensus Estimate: $0.83 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q3 20161($0.08)($0.08)($0.08)
Q4 20161($0.08)($0.08)($0.08)
Q1 20171($0.21)($0.21)($0.21)
Q2 20171($0.12)($0.12)($0.12)
Q3 20171$0.12$0.12$0.12
Q4 20171$0.03$0.03$0.03
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Magnachip Semiconductor Corp (NYSE:MX)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Magnachip Semiconductor Corp (NYSE:MX)
Insider Ownership Percentage: 4.20%
Institutional Ownership Percentage: 81.64%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
2/15/2017Camillo MartinoDirectorBuy8,000$7.45$59,600.00View SEC Filing  
1/11/2017Engaged Capital LlcInsiderSell400,000$6.35$2,540,000.00View SEC Filing  
8/4/2016Pleasant Lake Partners LlcMajor ShareholderSell58,000$7.49$434,420.00View SEC Filing  
9/13/2013Special Situations Fund AvenueDirectorSell1,700,000$21.00$35,700,000.00View SEC Filing  
8/21/2013John McfarlandVPSell23,000$20.00$460,000.00View SEC Filing  
8/12/2013Tavakoli NaderDirectorSell25,000$19.14$478,500.00View SEC Filing  
8/1/2013Special Situations Fund AvenueDirectorSell1,694,600$19.76$33,485,296.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Magnachip Semiconductor Corp (NYSE:MX)
DateHeadline
biz.yahoo.com logoMAGNACHIP SEMICONDUCTOR CORP Files SEC form 8-K, Costs Associated with Exit or Disposal Activities (NYSE:MX)
biz.yahoo.com - February 23 at 6:46 PM
finance.yahoo.com logoMagnaChip Semiconductor (MX) Sees Hammer Chart Pattern: Time to Buy? (NYSE:MX)
finance.yahoo.com - February 22 at 6:51 PM
News IconStock Levels in Review for MagnaChip Semiconductor Corp (MX) - Davidson Register (NYSE:MX)
davidsonregister.com - February 22 at 8:40 AM
biz.yahoo.com logoMAGNACHIP SEMICONDUCTOR CORP Files SEC form 10-K, Annual Report (NYSE:MX)
biz.yahoo.com - February 21 at 6:11 PM
News IconEye on Technicals MagnaChip Semiconductor Corporation (MX) - Benton Bulletin (NYSE:MX)
bentonbulletin.com - February 18 at 5:54 PM
News IconResearch Report for: Cypress Semiconductor Corporation (NASDAQ:CY) (NYSE:MX)
eleganthomesinla.com - February 17 at 5:08 PM
News IconThe MagnaChip Semiconductor Corporation (MX) Position Raised by Geduld EE (NYSE:MX)
www.graffiotech.com - February 17 at 5:08 PM
News IconON Semiconductor Corporation (ON) Price Target Raised to $16.00 at Morgan Stanley (NYSE:MX)
nyhetsbanken.info - February 16 at 6:19 PM
News IconNeedham & Company LLC Reaffirms "Buy" Rating for MagnaChip Semiconductor Corporation (MX) (NYSE:MX)
hypelee.com - February 16 at 6:19 PM
News IconStock Price of MagnaChip Semiconductor Corporation (MX) Decreases -14.86% (NYSE:MX)
latribunadecanarias.com - February 16 at 6:19 PM
capitalcube.com logoMagnaChip Semiconductor Corp. :MX-US: Earnings Analysis: 2016 By the Numbers : February 14, 2017 (NYSE:MX)
www.capitalcube.com - February 14 at 9:08 PM
News IconStock Checkup: Technical Watch on MagnaChip Semiconductor Corporation (MX) - Baldwin Journal (NYSE:MX)
baldwinjournal.com - February 14 at 12:55 AM
News IconIs a Pullback Coming For MagnaChip Semiconductor Corporation (NYSE:MX)? - Aiken Advocate (NYSE:MX)
aikenadvocate.com - February 13 at 9:58 AM
moodys.com logoMagnaChip Semiconductor Corporation -- Moody's: MagnaChip's improved 2016 results are credit positive; rating unaffected (NYSE:MX)
www.moodys.com - February 13 at 9:58 AM
finance.yahoo.com logoEdited Transcript of MX earnings conference call or presentation 10-Feb-17 1:00pm GMT (NYSE:MX)
finance.yahoo.com - February 11 at 12:40 AM
us.rd.yahoo.com logoMagnaChip Reports Fourth Quarter 2016 Financial Results (NYSE:MX)
us.rd.yahoo.com - February 9 at 7:45 PM
biz.yahoo.com logoMAGNACHIP SEMICONDUCTOR CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements (NYSE:MX)
us.rd.yahoo.com - February 9 at 7:45 PM
sg.finance.yahoo.com logoMagnachip reports 4Q loss (NYSE:MX)
sg.finance.yahoo.com - February 9 at 7:45 PM
us.rd.yahoo.com logoCan MagnaChip Semiconductor (MX) Run Higher on Strong Earnings Estimate Revisions? (NYSE:MX)
us.rd.yahoo.com - February 9 at 12:38 AM
nasdaq.com logoCan MagnaChip Semiconductor (MX) Run Higher on Strong Earnings Estimate Revisions? - Nasdaq (NYSE:MX)
www.nasdaq.com - February 8 at 7:37 PM
zacks.com logoMoving Average Crossover Alert: MagnaChip (MX) (NYSE:MX)
www.zacks.com - January 30 at 9:33 AM
finance.yahoo.com logoMagnaChip Schedules Fourth Quarter 2016 Earnings Release on February 9, 2017; Investor Conference Call to be Held Pre-Market on February 10 (NYSE:MX)
finance.yahoo.com - January 30 at 9:33 AM
News IconInvestor Technical Review for MagnaChip Semiconductor Corporation (MX) - Rives Journal (NYSE:MX)
rivesjournal.com - January 28 at 11:51 PM
News IconAnalyst Stock Trading Analysis on ON Semiconductor Corporation (ON) (NYSE:MX)
vgtoday.net - January 27 at 3:29 AM
News IconBarclays PLC Reiterates Hold Rating for Cypress Semiconductor Corporation (CY) (NYSE:MX)
rawgistafrica.com - January 27 at 3:29 AM
News IconCypress Semiconductor Corporation (NASDAQ:CY) earnings expectations (NYSE:MX)
itapunta.com - January 27 at 3:29 AM
News IconWilliams %R, RSI, and ADX Update for MagnaChip Semiconductor Corporation (MX) - Sherwood Daily (NYSE:MX)
sherwooddaily.com - January 26 at 10:29 PM
News IconTrading Radar: Zooming in on Shares of MagnaChip Semiconductor Corporation (MX) - Sherwood Daily (NYSE:MX)
sherwooddaily.com - January 24 at 7:28 PM
News IconStock ABR Of MagnaChip Semiconductor Corporation (NYSE:MX) At 1.33 - Stock Observer (NYSE:MX)
www.thestockobserver.com - January 24 at 7:28 PM
zacks.com logoMagnaChip Semiconductor (MX) Shares March Higher, Can It Continue? (NYSE:MX)
www.zacks.com - January 24 at 6:46 AM
News IconInvestor Focus on Shares of MagnaChip Semiconductor Corporation (MX) - Sherwood Daily (NYSE:MX)
sherwooddaily.com - January 22 at 6:31 PM
News IconInvestor Probe: Watching Technicals for MagnaChip Semiconductor Corporation (MX) - Sherwood Daily (NYSE:MX)
sherwooddaily.com - January 19 at 10:23 PM
News IconAmplified Volatility Spotted in Shares of MagnaChip Semiconductor Corporation (NYSE:MX) - Wall Street Beacon (NYSE:MX)
wsbeacon.com - January 19 at 10:23 PM
nasdaq.com logoMagnaChip Semiconductor (MX) Jumps: Stock Climbs 10.5% - Nasdaq (NYSE:MX)
www.nasdaq.com - January 19 at 10:23 PM
News IconWith Profitability At The Forefront, Is This Stock a Top Pick: MagnaChip Semiconductor Corporation (NYSE:MX) - Wall Street Beacon (NYSE:MX)
wsbeacon.com - January 18 at 7:37 AM
News IconABR Of MagnaChip Semiconductor Corporation (NYSE:MX) Stock At 1.33 - Stock Observer (NYSE:MX)
www.thestockobserver.com - January 18 at 7:37 AM
News IconAnalyst Sights on Rating and Recommendation: Magnachip Semiconductor Corp (NYSE:MX) - Post Registrar (NYSE:MX)
postregistrar.com - January 18 at 7:37 AM
biz.yahoo.com logoMAGNACHIP SEMICONDUCTOR CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Fin (NYSE:MX)
biz.yahoo.com - January 17 at 7:04 PM
finance.yahoo.com logoMagnaChip Semiconductor (MX) Jumps: Stock Climbs 10.5% (NYSE:MX)
finance.yahoo.com - January 17 at 11:38 AM
finance.yahoo.com logoMagnaChip Offers 0.35 micron 700V Ultra High Voltage Process Technology with Process Simplification (NYSE:MX)
finance.yahoo.com - January 16 at 7:15 PM
News IconMarkets End Mostly Higher, How Did This Stock Fare: MagnaChip Semiconductor Corporation (NYSE:MX) - Wall Street Beacon (NYSE:MX)
wsbeacon.com - January 16 at 6:26 AM
insidermonkey.com logoMagnachip Semiconductor Corp (MX): Engaged Capital Cuts Stake (NYSE:MX)
www.insidermonkey.com - January 15 at 6:18 PM
News IconEngaged Capital Llc Sells 400000 Shares of MagnaChip Semiconductor Corporation (MX) Stock (NYSE:MX)
alltheinternetofthings.com - January 14 at 11:49 PM
News IconMagnaChip Semiconductor (NYSE:MX) Receives 'Buy' Rating From Brokers At Needham (NYSE:MX)
diariocatolico.net - January 14 at 6:47 PM
News IconMagnachip Semiconductor Corp (MX) is Upgraded by Needham to Buy (NYSE:MX)
prensariotiretail.com - January 14 at 6:47 PM
News IconStock Mounting Higher Mid-Session: MagnaChip Semiconductor Corporation (NYSE:MX) - Wall Street Beacon (NYSE:MX)
wsbeacon.com - January 14 at 1:06 AM
News IconMagnachip Semiconductor Corp (MX) is Upgraded by Needham to Buy - Highland Mirror (NYSE:MX)
www.highlandmirror.com - January 14 at 1:06 AM
News IconMagnaChip (MX) Upgraded by Needham & Co, Extending Rally to Three Days (NYSE:MX)
www.economiccalendar.com - January 13 at 8:04 PM
finance.yahoo.com logoMagnaChip Semi upgraded by Needham (NYSE:MX)
finance.yahoo.com - January 13 at 8:04 PM
News IconAnalyst Issues Short Term Price Target on MagnaChip Semiconductor Corporation (NYSE:MX) - Highland Mirror (NYSE:MX)
www.highlandmirror.com - January 13 at 12:19 AM

Social

What is Magnachip Semiconductor Corp's stock symbol?

Magnachip Semiconductor Corp trades on the New York Stock Exchange (NYSE) under the ticker symbol "MX."

Where is Magnachip Semiconductor Corp's stock going? Where will Magnachip Semiconductor Corp's stock price be in 2017?

3 brokerages have issued twelve-month target prices for Magnachip Semiconductor Corp's shares. Their forecasts range from $6.00 to $10.00. On average, they anticipate Magnachip Semiconductor Corp's stock price to reach $8.67 in the next year.

When will Magnachip Semiconductor Corp announce their earnings?

Magnachip Semiconductor Corp is scheduled to release their next quarterly earnings announcement on Wednesday, February, 15th 2017.

What are analysts saying about Magnachip Semiconductor Corp stock?

Here are some recent quotes from research analysts about Magnachip Semiconductor Corp stock:

  • Needham & Company LLC analysts commented, "MX reported solid results/guidance as it marches forward with its turnaround story. A recovery in Foundry and a positive product mix pushed GMs higher. MX continues to prioritize GM improvement, cash flow, and profitability. MX announced another headcount reduction plan and expects annual cost savings of $20-$27M over the next 1.5 year (70% in manufacturing, 30% SG&A). We think the reason for the stock sell-off this morning is around comments regarding AMOLED revenue declining in 1H17, before ramping in the 2H17. AMOLED revenue should come in below 2016 revenue, albeit it a tough compare as AMOLED grew 160% Y/Y in '16. However, we believe MX has a good design win pipeline in AMOLED. Importantly, the cost restructuring initiatives should generate $20MM of EBITDA per qrt exiting '17 and $30MM exiting '18." (2/10/2017)
  • According to Zacks Investment Research, "MagnaChip Semiconductor Corporation operates as a designer and manufacturer of analog and mixed-signal semiconductor products for high-volume consumer applications. The Company operates through three key segments: Display Solutions, Power Solutions and Semiconductor Manufacturing Services. Products offered by MagnaChip through its Display Solutions segment includes source and gate drivers and timing controllers that cover a wide range of flat panel displays used in LCD, light emitting diode, or LED, and 3D televisions and displays, mobile PCs and mobile communications and entertainment devices. The Power Solutions products include discrete and integrated circuit solutions for power management in high-volume consumer applications. Semiconductor Manufacturing Services segment provides specialty analog and mixed-signal foundry services for fabless semiconductor companies. MagnaChip Semiconductor Corporation is headquartered in Chungbuk, South Korea. " (1/24/2017)

Who owns Magnachip Semiconductor Corp stock?

Magnachip Semiconductor Corp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Brigade Capital Management, LP (15.50%), Engaged Capital Flagship Master Fund, LP (9.99%), North Run Capital LP (9.71%), Rubric Capital Management LP (4.57%), FMR LLC (2.86%) and Dimensional Fund Advisors LP (1.64%). Company insiders that own Magnachip Semiconductor Corp stock include Camillo Martino, Engaged Capital Llc and Pleasant Lake Partners Llc.

Who sold Magnachip Semiconductor Corp stock? Who is selling Magnachip Semiconductor Corp stock?

Magnachip Semiconductor Corp's stock was sold by a variety of institutional investors in the last quarter, including Two Sigma Investments LP and FMR LLC. Company insiders that have sold Magnachip Semiconductor Corp stock in the last year include Engaged Capital Llc and Pleasant Lake Partners Llc.

Who bought Magnachip Semiconductor Corp stock? Who is buying Magnachip Semiconductor Corp stock?

Magnachip Semiconductor Corp's stock was acquired by a variety of institutional investors in the last quarter, including Rubric Capital Management LP, Allianz Asset Management AG, Renaissance Technologies LLC, Oxford Asset Management, Dimensional Fund Advisors LP, Micawber Capital LLC, Kavi Asset Management LP and Boothbay Fund Management LLC.

How do I buy Magnachip Semiconductor Corp stock?

Shares of Magnachip Semiconductor Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Magnachip Semiconductor Corp stock cost?

One share of Magnachip Semiconductor Corp stock can currently be purchased for approximately $7.25.

Magnachip Semiconductor Corp (NYSE:MX) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Magnachip Semiconductor Corp (NYSE:MX)

Earnings History Chart

Earnings by Quarter for Magnachip Semiconductor Corp (NYSE:MX)

Dividend History Chart

Dividend Payments by Quarter for Magnachip Semiconductor Corp (NYSE:MX)

Last Updated on 2/23/2017 by MarketBeat.com Staff