NYSE:MX Magnachip Semiconductor - MX Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Magnachip Semiconductor Co. Please log in to your account or sign up in order to add this asset to your watchlist. $10.60 +0.10 (+0.95%) (As of 01/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$10.45▼$10.8050-Day Range$8.63▼$10.9352-Week Range$8.45▼$20.64Volume453,644 shsAverage Volume239,217 shsMarket Capitalization$468.20 millionP/E Ratio12.18Dividend YieldN/APrice Target$13.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Magnachip Semiconductor MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside22.6% Upside$13.00 Price TargetShort InterestHealthy1.40% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth-14.29%From $0.14 to $0.12 Per ShareSee Full Details Hide Full Details 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 starsComputer And Technology Sector410th out of 631 stocksSemiconductors & Related Devices Industry63rd out of 92 stocks 2.5 Analyst's Opinion Consensus RatingMagnachip Semiconductor has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $13.00, Magnachip Semiconductor has a forecasted upside of 22.6% from its current price of $10.60.Amount of Analyst CoverageMagnachip Semiconductor has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted1.40% of the float of Magnachip Semiconductor has been sold short.Short Interest Ratio / Days to CoverMagnachip Semiconductor has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Magnachip Semiconductor has recently decreased by 10.43%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldMagnachip Semiconductor does not currently pay a dividend.Dividend GrowthMagnachip Semiconductor does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MX. Previous Next 1.1 News and Social Media Coverage Search Interest4 people have searched for MX on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows3 people have added Magnachip Semiconductor to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Magnachip Semiconductor insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 4.10% of the stock of Magnachip Semiconductor is held by insiders.Percentage Held by Institutions69.59% of the stock of Magnachip Semiconductor is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Magnachip Semiconductor are expected to decrease by -14.29% in the coming year, from $0.14 to $0.12 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Magnachip Semiconductor is 12.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.20.Price to Earnings Ratio vs. SectorThe P/E ratio of Magnachip Semiconductor is 12.18, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 399.74.Price to Earnings Growth RatioMagnachip Semiconductor has a PEG Ratio of 3.34. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioMagnachip Semiconductor has a P/B Ratio of 1.09. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Magnachip Semiconductor (NYSE:MX) StockMagnaChip 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.Read More Receive MX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Magnachip Semiconductor and its competitors with MarketBeat's FREE daily newsletter. Email Address MX Stock News HeadlinesJanuary 9, 2023 | seekingalpha.comMagnachip: China Reopening Could Mark Turning Point For Display SegmentJanuary 3, 2023 | finance.yahoo.comMagnachip to Participate in 25th Annual Needham Growth ConferenceJanuary 31, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…December 31, 2022 | seekingalpha.comMX Magnachip Semiconductor CorporationDecember 29, 2022 | finance.yahoo.comMagnachip Introduces 8th-Gen 150V MXT MOSFET for Light Electric VehiclesNovember 4, 2022 | finance.yahoo.com/C O R R E C T I O N -- Magnachip Semiconductor Corporation/November 2, 2022 | seekingalpha.comMagnachip Semiconductor Corporation (MX) Q3 2022 Earnings Call TranscriptNovember 2, 2022 | finance.yahoo.comMagnachip (MX) Q3 Earnings Top EstimatesJanuary 31, 2023 | Porter & Company (Ad)Is This The End of Capitalism?EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…November 2, 2022 | finance.yahoo.comMagnachip Reports Results for Third Quarter 2022October 31, 2022 | nasdaq.comON Semiconductor Corp. (ON) Q3 Earnings and Revenues Top EstimatesOctober 21, 2022 | seekingalpha.comMagnachip: Multiple Deals Fell Through, And Stock Is Left For DeadSeptember 25, 2022 | seekingalpha.comMagnachip Semiconductor drops on report about takeover process (update)September 6, 2022 | finance.yahoo.comMagnachip Unveils Third-Generation 200V MV MOSFETsSeptember 4, 2022 | marketwatch.comMagnaChip Semiconductor Corp Shares Down 36.6% Since SmarTrend's Sell Call (MX)August 20, 2022 | marketwatch.comMagnaChip Semiconductor Corp Has Returned 28.6% Since SmarTrend Recommendation (MX)August 8, 2022 | au.finance.yahoo.comMagnachip Reports Results for Second Quarter 2022 and Reaffirms Previously-Announced Stock Buyback ProgramAugust 1, 2022 | seekingalpha.comMagnachip Semiconductor Is A Hot DealJuly 25, 2022 | finance.yahoo.comMagnachip to Announce Second Quarter 2022 Financial Results on August 8July 18, 2022 | seekingalpha.comMagnachip Semiconductor pares some gains after jumping 11%July 18, 2022 | finance.yahoo.comMagnachip Introduces a New 24V MOSFET for Wireless Earphone BatteriesJuly 13, 2022 | seekingalpha.comMagnachip Semiconductor sale may be hurt by high asking price - reportJuly 13, 2022 | marketwatch.comMagnaChip Semiconductor Corp Up on Heavy Volume in Possible Trend Reversal (MX)July 11, 2022 | nasdaq.comTop Stocks To Buy Now? 4 Semiconductor Stocks For Your ListJuly 10, 2022 | seekingalpha.comMagnachip gains on report that LX Group may submit offer next weekJune 13, 2022 | benzinga.comShort Volatility Alert: Magnachip Semiconductor CorporationMay 19, 2022 | nasdaq.comWhat Stocks To Buy Today? 3 Tech Stocks For Your WatchlistSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive MX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Magnachip Semiconductor and its competitors with MarketBeat's FREE daily newsletter. Email Address MX Company Calendar Last Earnings10/24/2021Today1/31/2023Next Earnings (Estimated)2/15/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Semiconductors & related devices Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:MX CUSIPN/A CIK1325702 Webwww.magnachip.com Phone352456262FaxN/AEmployees890Year FoundedN/APrice 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 RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.87 Trailing P/E Ratio12.18 Forward P/E Ratio75.71 P/E Growth3.34Net Income$56.71 million Net Margins11.01% Pretax Margin13.56% Return on Equity7.45% Return on Assets5.79% Debt Debt-to-Equity RatioN/A Current Ratio5.10 Quick Ratio4.60 Sales & Book Value Annual Sales$474.23 million Price / Sales0.99 Cash Flow$1.22 per share Price / Cash Flow8.70 Book Value$9.74 per share Price / Book1.09Miscellaneous Outstanding Shares44,170,000Free Float42,364,000Market Cap$468.20 million OptionableOptionable Beta1.05 Key ExecutivesYoung-Joon KimChief Executive Officer & DirectorShin-Young ParkChief Financial & Accounting OfficerTheodore S. KimSecretary & Chief Compliance OfficerChan-Ho ParkGeneral Manager-Power SolutionsSeung-Hoon LeeSenior Vice President-Manufacturing OperationsKey CompetitorsSkyWater TechnologyNASDAQ:SKYTCanaanNASDAQ:CANnLIGHTNASDAQ:LASRValens SemiconductorNYSE:VLNNVENASDAQ:NVECView All CompetitorsInsiders & InstitutionsRice Hall James & Associates LLCSold 9,655 shares on 1/27/2023Ownership: 0.526%Bank of New York Mellon CorpBought 10,234 shares on 12/8/2022Ownership: 0.023%Weiss Asset Management LPBought 14,969 shares on 12/6/2022Ownership: 0.034%Weiss Asset Management LPBought 14,969 shares on 12/5/2022Ownership: 0.034%Parallax Volatility Advisers L.P.Bought 125,000 shares on 11/21/2022Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions 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 Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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