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NYSE:MX

Magnachip Semiconductor (MX) Stock Price, News & Analysis

$4.94
+0.12 (+2.49%)
(As of 07/26/2024 ET)
Today's Range
$4.87
$4.94
50-Day Range
$4.77
$5.24
52-Week Range
$4.70
$9.51
Volume
192,003 shs
Average Volume
175,107 shs
Market Capitalization
$189.05 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.00

Magnachip Semiconductor MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
61.9% Upside
$8.00 Price Target
Short Interest
Healthy
0.35% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.07mentions of Magnachip Semiconductor in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($1.29) to ($1.06) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.24 out of 5 stars

Computer And Technology Sector

318th out of 612 stocks

Semiconductors & Related Devices Industry

51st out of 89 stocks

MX stock logo

About Magnachip Semiconductor Stock (NYSE:MX)

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, computing, 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, monitors, notebook PCs, tablet PC and TVs applied with liquid crystal display, organic light emitting diodes (OLED), and micro light emitting diode (Micro LED) panel. 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-bikes, photovoltaic inverters, LED lighting, and motor drives; and OLED display driver integrated circuit products. It serves consumer, computing, communication, automotive and industrial electronics OEMs, original design manufacturers, and electronics manufacturing services companies, as well as subsystem designers in the Asia Pacific, the United States, and Europe. 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 2003 and is based in Cheongju, South Korea.

MX Stock Price History

MX Stock News Headlines

Get out of cash before the Fed's next meeting
"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all $20,000 of his wife's 401k into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks could be even crazier and could open up a new window of opportunity for 500%-plus gains."
Get out of cash before the Fed's next meeting
"How I 6X-ed my wife's 401K in 1 year" At the peak of the dot-com boom, a former hedge fund manager put all $20,000 of his wife's 401k into shares of just ONE stock. Everyone on Wall Street said he was crazy. But a year later, that $20,000 in his wife's account was worth $120,000. Today, he says: "If you thought the dot-com mania was intense, what's about to happen in the coming weeks could be even crazier and could open up a new window of opportunity for 500%-plus gains."
Magnachip: Q1 Earnings Snapshot
Magnachip Reports Results for First Quarter 2024
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/31/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Semiconductors & related devices
Sub-Industry
N/A
Fax
N/A
Employees
891
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.00
High Stock Price Target
$8.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+61.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$-36,620,000.00
Pretax Margin
-18.59%

Debt

Sales & Book Value

Annual Sales
$230.05 million
Book Value
$8.89 per share

Miscellaneous

Free Float
36,546,000
Market Cap
$189.05 million
Optionable
Optionable
Beta
0.66
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Key Executives

  • Mr. Young-Joon Kim (Age 59)
    CEO & Director
    Comp: $2.73M
  • Ms. Shin Young Park (Age 43)
    CFO & Chief Accounting Officer
    Comp: $683.87k
  • Mr. Theodore S. Kim (Age 54)
    Chief Compliance Officer, Executive VP, General Counsel & Secretary
    Comp: $1.52M
  • Mr. Woung Moo Lee (Age 61)
    Executive VP and GM of Display Solutions & Worldwide Sales
    Comp: $501.66k
  • Dr. Chan Ho Park Ph.D. (Age 60)
    Co-General Manager of Power Solutions
    Comp: $636.95k
  • So-Yeon Jeong
    Head of Investor Relations
  • Mr. Jk Minh
    Chief of Strategic Planning

MX Stock Analysis - Frequently Asked Questions

How have MX shares performed this year?

Magnachip Semiconductor's stock was trading at $7.50 at the start of the year. Since then, MX stock has decreased by 34.1% and is now trading at $4.94.
View the best growth stocks for 2024 here
.

How were Magnachip Semiconductor's earnings last quarter?

Magnachip Semiconductor Co. (NYSE:MX) posted its quarterly earnings data on Thursday, May, 2nd. The semiconductor company reported ($0.30) earnings per share for the quarter, topping analysts' consensus estimates of ($0.38) by $0.08. The semiconductor company earned $49.07 million during the quarter, compared to analyst estimates of $48.85 million. Magnachip Semiconductor had a negative trailing twelve-month return on equity of 8.35% and a negative net margin of 13.76%.

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.

Who are Magnachip Semiconductor's major shareholders?

Magnachip Semiconductor's top institutional investors include Sather Financial Group Inc (0.08%) and Founders Capital Management (0.02%). Insiders that own company stock include Young-Joon Kim and Woung Moo Lee.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Magnachip Semiconductor own?

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

This page (NYSE:MX) was last updated on 7/27/2024 by MarketBeat.com Staff

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