NYSE:MX - Magnachip Semiconductor Stock Price, Price Target & More

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$10.30 -0.15 (-1.44 %)
(As of 06/24/2018 09:06 AM ET)
Previous Close$10.30
Today's Range$10.05 - $10.55
52-Week Range$8.85 - $13.40
Volume371,425 shs
Average Volume174,833 shs
Market Capitalization$359.24 million
P/E Ratio13.55
Dividend YieldN/A
Beta0.2
Magnachip Semiconductor logoMagnaChip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and sells analog and mixed-signal semiconductor platform solutions for communications, Internet of Things, consumer, industrial, and automotive applications. The company operates through two segments, Foundry Services Group and Standard Products Group. The Foundry Services Group segment provides analog and mixed-signal foundry services for fabless and integrated device manufacturer semiconductor companies to manufacture a range of products, including display drivers, light emitting diode (LED) drivers, audio encoding and decoding devices, microcontrollers, touch screen controllers, RF switches, park distance control sensors for automotive, electronic tag memories, and power management semiconductors. The Standard Products Group segment offers display solutions, including source and gate drivers, and timing controllers that cover a range of flat panel displays used in ultra-high definition, high definition, full high definition, LED, 3D and organic light emitting diodes televisions and displays, notebooks, and mobile communications and entertainment devices. This segment also offers power management semiconductor products, such as metal oxide semiconductor field effect transistors, insulated gate bipolar mode transistors, converters, LED drivers, SSD PMIC products, and switching and linear regulators for televisions, smartphones, mobile phones, desktop PCs, notebooks, tablet PCs, other consumer electronics, and consumer appliances, as well as for industrial applications. It serves consumer, computing, and industrial electronics original equipment manufacturers; original design manufacturers; and electronics manufacturing services companies, as well as subsystem designers. The company sells its products through direct sales force, as well as through a network of agents and distributors worldwide. MagnaChip Semiconductor Corporation is based in Luxembourg, Luxembourg.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio-10.16
Current Ratio2.48
Quick Ratio2.07

Price-To-Earnings

Trailing P/E Ratio13.55
Forward P/E Ratio17.76
P/E GrowthN/A

Sales & Book Value

Annual Sales$679.67 million
Price / Sales0.52
Cash Flow$1.7025 per share
Price / Cash6.05
Book Value($1.16) per share
Price / Book-8.88

Profitability

EPS (Most Recent Fiscal Year)$0.76
Net Income$84.93 million
Net Margins6.43%
Return on Equity-58.34%
Return on Assets5.47%

Miscellaneous

Employees2,520
Outstanding Shares34,380,000

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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 declared that its board has initiated a share buyback program on Friday, April 7th 2017, which allows the company to repurchase $10,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to repurchase up to 4.5% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's board believes its stock is undervalued.

How were Magnachip Semiconductor's earnings last quarter?

Magnachip Semiconductor Corp (NYSE:MX) posted its earnings results on Monday, April, 30th. The semiconductor company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.06 by $0.02. The semiconductor company earned $165.80 million during the quarter, compared to the consensus estimate of $161 million. Magnachip Semiconductor had a net margin of 6.43% and a negative return on equity of 58.34%. The firm's revenue was up 2.5% compared to the same quarter last year. During the same period last year, the business posted $0.01 earnings per share. 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 Thursday, August, 2nd 2018. View Earnings Estimates for Magnachip Semiconductor.

What price target have analysts set for MX?

2 equities research analysts have issued 1-year price targets for Magnachip Semiconductor's shares. Their forecasts range from $10.00 to $15.00. On average, they expect Magnachip Semiconductor's share price to reach $12.50 in the next year. 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. " (5/5/2018)
  • 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:
  • Mr. Young-Joon Kim, CEO & Director (Age 53)
  • Mr. Jonathan W. Kim, CFO, Chief Accounting Officer & Exec. VP (Age 43)
  • Mr. Theodore S. Kim, Chief Compliance Officer, Exec. VP, Gen. Counsel & Sec. (Age 48)
  • Mr. Tae Jong Lee, Exec. VP & GM-Foundry Services Group (Age 55)
  • Mr. Woung Moo Lee, Exec. VP & GM-Standard Products Group (Age 55)

Has Magnachip Semiconductor been receiving favorable news coverage?

Media headlines about MX stock have trended somewhat negative on Sunday, according to Accern Sentiment Analysis. The research group scores the sentiment of news coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Magnachip Semiconductor earned a daily sentiment score of -0.02 on Accern's scale. They also gave media coverage about the semiconductor company an impact score of 44.81 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are Magnachip Semiconductor's major shareholders?

Magnachip Semiconductor's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Evermore Global Advisors LLC (11.00%), North Run Capital LP (7.14%), Rubric Capital Management LP (6.79%), Hood River Capital Management LLC (6.12%), Luzich Partners LLC (2.10%) and The Manufacturers Life Insurance Company (2.07%). Company insiders that own Magnachip Semiconductor stock include Brigade Leveraged Capital Stru, Camillo Martino, Engaged Capital Llc, Jonathan W Kim, Marc Lasry, Melvin L Keating, Pleasant Lake Partners Llc, 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 Russell Investments Group Ltd., GSA Capital Partners LLP, Point72 Asset Management L.P., Luzich Partners LLC, Northern Trust Corp and FIL Ltd. Company insiders that have sold Magnachip Semiconductor company stock in the last year include Brigade Leveraged Capital Stru and Marc Lasry. View Insider Buying and Selling for Magnachip Semiconductor.

Which institutional investors are buying Magnachip Semiconductor stock?

MX stock was acquired by a variety of institutional investors in the last quarter, including North Run Capital LP, Cavalry Management Group LLC, Evermore Global Advisors LLC, The Manufacturers Life Insurance Company , Rubric Capital Management LP, Federated Investors Inc. PA, Hood River Capital Management LLC and LPL Financial LLC. Company insiders that have bought Magnachip Semiconductor stock in the last two years include 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 $10.30.

How big of a company is Magnachip Semiconductor?

Magnachip Semiconductor has a market capitalization of $359.24 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 (MX)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  226 (Vote Outperform)
Underperform Votes:  162 (Vote Underperform)
Total Votes:  388
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 6/24/2018 by MarketBeat.com Staff

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