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NYSE:MX

Magnachip Semiconductor - MX Stock Forecast, Price & News

$10.60
+0.10 (+0.95%)
(As of 01/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$10.45
$10.80
50-Day Range
$8.63
$10.93
52-Week Range
$8.45
$20.64
Volume
453,644 shs
Average Volume
239,217 shs
Market Capitalization
$468.20 million
P/E Ratio
12.18
Dividend Yield
N/A
Price Target
$13.00

Magnachip Semiconductor MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
22.6% Upside
$13.00 Price Target
Short Interest
Healthy
1.40% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
-14.29%
From $0.14 to $0.12 Per Share

Overall MarketRank

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

1.98 out of 5 stars

Computer And Technology Sector

410th out of 631 stocks

Semiconductors & Related Devices Industry

63rd out of 92 stocks


MX stock logo

About Magnachip Semiconductor (NYSE:MX) Stock

MagnaChip Semiconductor Corp. engages in the design and manufacture of analog and mixed-signal platform solutions for communications, Internet of Things (IoT) applications, consumer, industrial, and automotive applications. Its products include MOSFETs; IGBTs; AC-DC/DC-DC converters; light-emitting diode (LED) drivers; regulators; power management integrated circuits (PMICs); and industrial applications such as power suppliers, e-bikes, photovoltaic inverters, LED lighting, and motor drives. The company was founded on November 26, 2003 and is headquartered in Luxembourg.

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MX Stock News Headlines

Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
MX Magnachip Semiconductor Corporation
Magnachip (MX) Q3 Earnings Top Estimates
Is This The End of Capitalism?
EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…
Magnachip Reports Results for Third Quarter 2022
Magnachip Unveils Third-Generation 200V MV MOSFETs
Magnachip Semiconductor Is A Hot Deal
See More Headlines
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MX Company Calendar

Last Earnings
10/24/2021
Today
1/31/2023
Next Earnings (Estimated)
2/15/2023
Fiscal Year End
12/31/2023

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
$13.00
High Stock Price Forecast
$13.00
Low Stock Price Forecast
$13.00
Forecasted Upside/Downside
+22.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
2 Analysts

Profitability

Net Income
$56.71 million
Pretax Margin
13.56%

Debt

Sales & Book Value

Annual Sales
$474.23 million
Cash Flow
$1.22 per share
Book Value
$9.74 per share

Miscellaneous

Free Float
42,364,000
Market Cap
$468.20 million
Optionable
Optionable
Beta
1.05

Key Executives

  • Young-Joon Kim
    Chief Executive Officer & Director
  • Shin-Young Park
    Chief Financial & Accounting Officer
  • Theodore S. Kim
    Secretary & Chief Compliance Officer
  • Chan-Ho Park
    General Manager-Power Solutions
  • Seung-Hoon Lee
    Senior Vice President-Manufacturing Operations













MX Stock - Frequently Asked Questions

Should I buy or sell Magnachip Semiconductor stock right now?

2 Wall Street equities research 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 equities research 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 2023?

2 brokerages have issued 12 month target prices for Magnachip Semiconductor's shares. Their MX share price forecasts range from $13.00 to $13.00. On average, they predict the company's stock price to reach $13.00 in the next year. This suggests a possible upside of 21.8% 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 2023?

Magnachip Semiconductor's stock was trading at $9.39 at the beginning of 2023. Since then, MX stock has increased by 13.6% and is now trading at $10.67.
View the best growth stocks for 2023 here
.

Are investors shorting Magnachip Semiconductor?

Magnachip Semiconductor saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 670,500 shares, an increase of 21.8% from the December 15th total of 550,500 shares. Based on an average trading volume of 402,800 shares, the short-interest ratio is presently 1.7 days. Approximately 1.6% of the shares of the stock are short sold.
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 Wednesday, February 15th 2023.
View our MX earnings forecast
.

How were Magnachip Semiconductor's earnings last quarter?

Magnachip Semiconductor Co. (NYSE:MX) announced its earnings results on Sunday, October, 24th. The semiconductor company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.20 by $0.22. The semiconductor company earned $127 million during the quarter, compared to the consensus estimate of $131.55 million. Magnachip Semiconductor had a trailing twelve-month return on equity of 7.45% and a net margin of 11.01%.

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

Magnachip Semiconductor updated its fourth quarter 2022 earnings guidance on Wednesday, November, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $57.00 million-$62.00 million, compared to the consensus revenue estimate of $78.77 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 retail and institutional investors. Top institutional shareholders include Rice Hall James & Associates LLC (0.53%) and Concourse Financial Group Securities Inc. (0.00%). 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 $10.67.

How much money does Magnachip Semiconductor make?

Magnachip Semiconductor (NYSE:MX) has a market capitalization of $471.29 million and generates $474.23 million in revenue each year. The semiconductor company earns $56.71 million in net income (profit) each year or $0.87 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 1/31/2023 by MarketBeat.com Staff