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S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
One Stock Doubles Your Money, During Crisis? (Ad)
Is There Value In These Growth Stocks?
MarketBeat Podcast, 3 Stocks to Watch Newmont Mining, Walmart, AMC
Sell every Stock except ONE (Ad)
Build A Better Tech Portfolio With Jabil Inc.
US stocks end mixed a day after Dow entered a bear market
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
Autodesk Is A Mature Company Still Acting Like A Growth Stock
Leaks on Russian gas pipelines raise concerns about sabotage
S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
One Stock Doubles Your Money, During Crisis? (Ad)
Is There Value In These Growth Stocks?
MarketBeat Podcast, 3 Stocks to Watch Newmont Mining, Walmart, AMC
Sell every Stock except ONE (Ad)
Build A Better Tech Portfolio With Jabil Inc.
US stocks end mixed a day after Dow entered a bear market
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
Autodesk Is A Mature Company Still Acting Like A Growth Stock
Leaks on Russian gas pipelines raise concerns about sabotage
S&P 500   3,647.29
DOW   29,134.99
QQQ   274.48
Layoffs Aren't the Solution to Your Profitability Crisis. Here's the Simple 4-Step Process You Should Be Following Instead.
One Stock Doubles Your Money, During Crisis? (Ad)
Is There Value In These Growth Stocks?
MarketBeat Podcast, 3 Stocks to Watch Newmont Mining, Walmart, AMC
Sell every Stock except ONE (Ad)
Build A Better Tech Portfolio With Jabil Inc.
US stocks end mixed a day after Dow entered a bear market
The One Ticker Retirement Plan Over the Shoulder Demo Now Available (Ad)
Autodesk Is A Mature Company Still Acting Like A Growth Stock
Leaks on Russian gas pipelines raise concerns about sabotage
NYSE:MX

Magnachip Semiconductor - MX Stock Forecast, Price & News

$10.51
+0.11 (+1.06%)
(As of 09/27/2022 12:00 AM ET)
Add
Compare
Today's Range
$10.31
$10.60
50-Day Range
$10.40
$16.46
52-Week Range
$10.17
$22.28
Volume
209,779 shs
Average Volume
567,719 shs
Market Capitalization
$471.94 million
P/E Ratio
7.10
Dividend Yield
N/A
Price Target
$25.00

Magnachip Semiconductor MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
137.9% Upside
$25.00 Price Target
Short Interest
Healthy
3.60% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.00mentions of Magnachip Semiconductor in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
46.67%
From $0.30 to $0.44 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.38 out of 5 stars

Computer And Technology Sector

233rd out of 636 stocks

Semiconductors & Related Devices Industry

39th out of 97 stocks

MX stock logo

About Magnachip Semiconductor (NYSE:MX) Stock

Magnachip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and supplies analog and mixed-signal semiconductor platform solutions for communications, the Internet of Things, consumer, industrial, and automotive applications. It provides display solutions, including source and gate drivers, and timing controllers that cover a range of flat panel displays used in mobile communications, automotive, entertainment devices, notebook PCs, monitors and liquid crystal displays, and micro light-emitting diode (LED) televisions. The company also offers metal oxide semiconductor field-effect transistors, insulated-gate bipolar transistors, AC-DC converters, DC-DC converters, LED drivers, regulators, and power management integrated circuits for a range of devices comprising televisions, smartphones, mobile phones, wearable devices, desktop PCs, notebooks, tablet PCs, and other consumer electronics, as well as for power suppliers, e-bike, photovoltaic inverter, LED lighting, motor drive, and home appliances; and organic light-emitting diode display driver integrated circuits for OLED TVs. It serves consumer, computing, and industrial electronics original equipment manufacturers, original design manufacturers, and electronics manufacturing services companies, as well as subsystem designers in Korea, the Asia Pacific, the United States, Europe, and internationally. The company sells its products through a direct sales force, as well as through a network of agents and distributors. Magnachip Semiconductor Corporation was incorporated in 2004 and is based in Luxembourg, Luxembourg.

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MX Stock News Headlines

Magnachip Unveils Third-Generation 200V MV MOSFETs
Magnachip Semiconductor Is A Hot Deal
Read Why Magnachip Shares Are Trading Higher Today
Magnachip Semiconductor Rally Remains
Why Magnachip Semiconductor Stock Jumped 14% Today
Magnachip (MX) Q1 Earnings Beat Estimates
Magnachip Reports Results for First Quarter 2022
MagnaChip Semiconductor Q1 2022 Earnings Preview
See More Headlines
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MX Company Calendar

Last Earnings
8/08/2022
Today
9/27/2022
Next Earnings (Estimated)
10/24/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Fax
N/A
Employees
890
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$25.00
High Stock Price Forecast
$25.00
Low Stock Price Forecast
$25.00
Forecasted Upside/Downside
+137.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$56.71 million
Pretax Margin
19.77%

Debt

Sales & Book Value

Annual Sales
$474.23 million
Cash Flow
$1.25 per share
Book Value
$9.74 per share

Miscellaneous

Free Float
43,063,000
Market Cap
$471.94 million
Optionable
Optionable
Beta
1.10

Key Executives

  • Mr. Young-Joon Kim (Age 57)
    CEO & Director
    Comp: $3.17M
  • Mr. Theodore S. Kim (Age 52)
    Chief Compliance Officer, Gen. Counsel & Sec.
    Comp: $1.57M
  • Mr. Woung Moo Lee (Age 59)
    Gen. Mang. of Worldwide Sales
    Comp: $480.72k
  • Dr. Chan Ho Park Ph.D. (Age 58)
    Gen. Mang. of Power Solutions
    Comp: $613.2k
  • Ms. Shin Young Park (Age 41)
    CFO & Chief Accounting Officer
  • So-Yeon Jeong
    Head of Investor Relations
  • Chan-Keun Park
    Director of PR
  • Mr. Seung-Hoon Lee
    Sr. VP of Manufacturing Operations
  • Mr. Jk Minh
    Chief of Strategic Planning













MX Stock - Frequently Asked Questions

Should I buy or sell Magnachip Semiconductor stock right now?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Magnachip Semiconductor in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MX shares.
View MX analyst ratings
or view top-rated stocks.

What is Magnachip Semiconductor's stock price forecast for 2022?

2 brokers have issued 1-year price objectives for Magnachip Semiconductor's stock. Their MX share price forecasts range from $25.00 to $25.00. On average, they predict the company's stock price to reach $25.00 in the next twelve months. This suggests a possible upside of 137.9% from the stock's current price.
View analysts price targets for MX
or view top-rated stocks among Wall Street analysts.

How have MX shares performed in 2022?

Magnachip Semiconductor's stock was trading at $20.97 at the beginning of 2022. Since then, MX stock has decreased by 49.9% and is now trading at $10.51.
View the best growth stocks for 2022 here
.

Are investors shorting Magnachip Semiconductor?

Magnachip Semiconductor saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 1,570,000 shares, an increase of 26.6% from the August 31st total of 1,240,000 shares. Based on an average daily volume of 521,300 shares, the days-to-cover ratio is presently 3.0 days. Currently, 3.6% of the shares of the company are sold short.
View Magnachip Semiconductor's Short Interest
.

When is Magnachip Semiconductor's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, October 24th 2022.
View our MX earnings forecast
.

How were Magnachip Semiconductor's earnings last quarter?

Magnachip Semiconductor Co. (NYSE:MX) issued its earnings results on Monday, August, 8th. The semiconductor company reported $0.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.20 by $0.03. Magnachip Semiconductor had a trailing twelve-month return on equity of 11.34% and a net margin of 15.94%. During the same period in the prior year, the firm earned $0.10 EPS.

What guidance has Magnachip Semiconductor issued on next quarter's earnings?

Magnachip Semiconductor updated its third quarter 2022 earnings guidance on Tuesday, September, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $70.00 million-$75.00 million, compared to the consensus revenue estimate of $106.73 million.

What is Sang Park's approval rating as Magnachip Semiconductor's CEO?

2 employees have rated Magnachip Semiconductor Chief Executive Officer Sang Park on Glassdoor.com. Sang Park has an approval rating of 50% among the company's employees. This puts Sang Park in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Magnachip Semiconductor own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Magnachip Semiconductor investors own include Himax Technologies (HIMX), Accelerate Diagnostics (AXDX), Fluidigm (FLDM), Micron Technology (MU), Alphabet (GOOG), BIOLASE (BIOL), NVIDIA (NVDA), QUALCOMM (QCOM), Verizon Communications (VZ) and Enterprise Products Partners (EPD).

What is Magnachip Semiconductor's stock symbol?

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

Who are Magnachip Semiconductor's major shareholders?

Magnachip Semiconductor's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Toronado Partners LLC (5.73%), Clearline Capital LP (2.66%), S Squared Technology LLC (1.48%), Kennedy Capital Management Inc. (1.03%), Evermore Global Advisors LLC (0.65%) and B. Riley Asset Management LLC (0.57%). Insiders that own company stock include Brigade Capital Management, Lp, Brigade Leveraged Capital Stru, Camillo Martino, Woung Moo Lee and Young-Joon Kim.
View institutional ownership trends
.

How do I buy shares of Magnachip Semiconductor?

Shares of MX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Magnachip Semiconductor's stock price today?

One share of MX stock can currently be purchased for approximately $10.51.

How much money does Magnachip Semiconductor make?

Magnachip Semiconductor (NYSE:MX) has a market capitalization of $471.94 million and generates $474.23 million in revenue each year. The semiconductor company earns $56.71 million in net income (profit) each year or $1.48 on an earnings per share basis.

How many employees does Magnachip Semiconductor have?

The company employs 890 workers across the globe.

How can I contact Magnachip Semiconductor?

Magnachip Semiconductor's mailing address is 1 Allee Scheffer, Luxembourg N4, L-2520. The official website for the company is www.magnachip.com. The semiconductor company can be reached via phone at 352456262 or via email at investor.relations@magnachip.com.

This page (NYSE:MX) was last updated on 9/28/2022 by MarketBeat.com Staff

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