NYSE:MX - Magnachip Semiconductor Stock Price, News, Headlines & Rumors

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$11.40 +0.10 (+0.88 %)
(As of 08/17/2018 09:03 AM ET)
Previous Close$11.30
Today's Range$11.20 - $11.45
52-Week Range$8.85 - $13.40
Volume141,536 shs
Average Volume371,139 shs
Market Capitalization$413.94 million
P/E Ratio15.00
Dividend YieldN/A
Beta0.17
Magnachip Semiconductor logoMagnaChip Semiconductor Corp. engages in the design and manufacture of analog and mixed-signal semiconductor products. It operates through the Foundry Services Group and Standard Products Group segments. The Foundry Services Group segment provides specialty analog and mixed-signal foundry services mainly for fabless and Integrated Device Manufacturer semiconductor companies. The Standard Products Group segment consists of Display Solutions, which offers flat panel display solutions to major suppliers of large and small flat panel displays; and Power Solutions, which comprises of discrete and integrated circuit solutions for power management in consumer, communication, and industrial applications. The company was founded on November 26, 2003 and is headquartered in Luxembourg.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Semiconductors & related devices
Sub-IndustryN/A
SectorComputer and Technology
SymbolNYSE:MX
CUSIPN/A
Phone352456262

Debt

Debt-to-Equity Ratio-9.01
Current Ratio2.50
Quick Ratio2.09

Price-To-Earnings

Trailing P/E Ratio15.00
Forward P/E Ratio24.78
P/E GrowthN/A

Sales & Book Value

Annual Sales$679.67 million
Price / Sales0.58
Cash Flow$1.6403 per share
Price / Cash6.95
Book Value($1.16) per share
Price / Book-9.83

Profitability

EPS (Most Recent Fiscal Year)$0.76
Net Income$84.93 million
Net Margins4.26%
Return on Equity-74.01%
Return on Assets5.50%

Miscellaneous

Employees2,520
Outstanding Shares34,490,000
Market Cap$413.94 million

Magnachip Semiconductor (NYSE:MX) Frequently Asked Questions

What is Magnachip Semiconductor's stock symbol?

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

How will Magnachip Semiconductor's stock buyback program work?

Magnachip Semiconductor announced that its Board of Directors has authorized a share repurchase plan on Friday, April 7th 2017, which authorizes the company to buyback $10,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 4.5% of its stock through open market purchases. Stock buyback plans are often an indication that the company's management believes its shares are undervalued.

How were Magnachip Semiconductor's earnings last quarter?

Magnachip Semiconductor Corp (NYSE:MX) issued its earnings results on Monday, July, 30th. The semiconductor company reported $0.23 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.16 by $0.07. The semiconductor company had revenue of $199.70 million for the quarter, compared to the consensus estimate of $185 million. Magnachip Semiconductor had a net margin of 4.26% and a negative return on equity of 74.01%. The business's revenue for the quarter was up 19.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.21 EPS. View Magnachip Semiconductor's Earnings History.

When is Magnachip Semiconductor's next earnings date?

Magnachip Semiconductor is scheduled to release their next quarterly earnings announcement on Wednesday, November, 7th 2018. View Earnings Estimates for Magnachip Semiconductor.

What price target have analysts set for MX?

2 analysts have issued twelve-month target prices for Magnachip Semiconductor's shares. Their forecasts range from $10.00 to $15.00. On average, they anticipate Magnachip Semiconductor's stock price to reach $12.50 in the next year. This suggests a possible upside of 9.6% from the stock's current price. View Analyst Price Targets for Magnachip Semiconductor.

What is the consensus analysts' recommendation for Magnachip Semiconductor?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Magnachip Semiconductor in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Magnachip Semiconductor.

What are Wall Street analysts saying about Magnachip Semiconductor stock?

Here are some recent quotes from research analysts about Magnachip Semiconductor stock:
  • 1. 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. " (8/14/2018)
  • 2. Needham & Company LLC analysts commented, "We believe that the timing mismatch of OLED technologies that negatively impacted MX’s growth is behind us –we see a clear path towards 50% Y/Y OLED DDIC growth in 2018 as MX’s OLED roadmap now has products hitting production. The company is also experiencing double-digit growth in power products as well as foundry GM improvements. This quarter, MX achieved revenue higher than its estimated mid-point (despite foundry power outage impact) and saw the benefits of cost cuts/profitability initiatives – adj. EBITDA for the first 9 months of the year doubled Y/Y to $58.1M from $26.6M." (11/2/2017)

Who are some of Magnachip Semiconductor's key competitors?

Who are Magnachip Semiconductor's key executives?

Magnachip Semiconductor's management team includes the folowing people:
  • Young-Joon Kim, Chief Executive Officer & Director
  • Jonathan W. Kim, Chief Financial & Accounting Officer, Executive VP
  • Theodore S. Kim, Secretary, Chief Compliance Officer, Executive VP
  • Tae-Jong Lee, Executive Vice President
  • Woung Moo Lee, Executive VP & GM-Standard Products Group

Has Magnachip Semiconductor been receiving favorable news coverage?

Media headlines about MX stock have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Magnachip Semiconductor earned a news and rumor sentiment score of 0.00 on Accern's scale. They also gave news stories about the semiconductor company an impact score of 46.59 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View Recent Headlines for Magnachip Semiconductor.

Who are Magnachip Semiconductor's major shareholders?

Magnachip Semiconductor's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Evermore Global Advisors LLC (9.76%), Hood River Capital Management LLC (6.05%), North Run Capital LP (5.48%), Federated Investors Inc. PA (2.21%), Connor Clark & Lunn Investment Management Ltd. (1.52%) and Point72 Asset Management L.P. (1.48%). Company insiders that own Magnachip Semiconductor stock include Brigade Capital Management, Lp, Brigade Leveraged Capital Stru, Camillo Martino, Engaged Capital Llc, Jonathan W Kim, Marc Lasry, Melvin L Keating, Randal T Klein, Tavakoli Nader and Young-Joon Kim. View Institutional Ownership Trends for Magnachip Semiconductor.

Which institutional investors are selling Magnachip Semiconductor stock?

MX stock was sold by a variety of institutional investors in the last quarter, including North Run Capital LP, Evermore Global Advisors LLC, K2 Principal Fund L.P., Russell Investments Group Ltd., Royce & Associates LP, GSA Capital Partners LLP, Hood River Capital Management LLC and Connor Clark & Lunn Investment Management Ltd.. View Insider Buying and Selling for Magnachip Semiconductor.

Which institutional investors are buying Magnachip Semiconductor stock?

MX stock was bought by a variety of institutional investors in the last quarter, including Federated Investors Inc. PA, Millennium Management LLC, Point72 Asset Management L.P., Clearline Capital LP, Bank of Montreal Can, FDx Advisors Inc., Sensato Investors LLC and Paloma Partners Management Co. Company insiders that have bought Magnachip Semiconductor stock in the last two years include Brigade Capital Management, Lp, Camillo Martino, Jonathan W Kim, Melvin L Keating, Randal T Klein, Tavakoli Nader and Young-Joon Kim. View Insider Buying and Selling for Magnachip Semiconductor.

How do I buy shares of Magnachip Semiconductor?

Shares of MX 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 Magnachip Semiconductor's stock price today?

One share of MX stock can currently be purchased for approximately $11.40.

How big of a company is Magnachip Semiconductor?

Magnachip Semiconductor has a market capitalization of $413.94 million and generates $679.67 million in revenue each year. The semiconductor company earns $84.93 million in net income (profit) each year or $0.76 on an earnings per share basis. Magnachip Semiconductor employs 2,520 workers across the globe.

How can I contact Magnachip Semiconductor?

Magnachip Semiconductor's mailing address is 1 Allee Scheffer, Luxembourg N4, L-2520. The semiconductor company can be reached via phone at 352456262 or via email at [email protected]


MarketBeat Community Rating for Magnachip Semiconductor (NYSE MX)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  245 (Vote Outperform)
Underperform Votes:  187 (Vote Underperform)
Total Votes:  432
MarketBeat's community ratings are surveys of what our community members think about Magnachip Semiconductor and other stocks. Vote "Outperform" if you believe MX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/17/2018 by MarketBeat.com Staff

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