About Magnachip Semiconductor Corp
MagnaChip 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
- 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
- Net Margins: -4.30%
- Return on Equity: -44.29%
- Return on Assets: -5.65%
Companies Related to Magnachip Semiconductor Corp:
- Debt-to-Equity Ratio: -3.40%
- Current Ratio: 1.60%
- Quick Ratio: 1.13%
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.