S&P 500   3,971.62 (+0.20%)
DOW   33,803.74 (+0.07%)
QQQ   284.76 (+0.32%)
AAPL   143.91 (+0.88%)
MSFT   247.36 (-0.02%)
META   116.56 (+1.07%)
GOOGL   93.84 (+0.14%)
AMZN   89.62 (-0.81%)
TSLA   180.99 (+4.35%)
NVDA   174.40 (+1.58%)
NIO   12.97 (-3.28%)
BABA   93.04 (-1.20%)
AMD   70.01 (-0.65%)
T   19.27 (+0.78%)
MU   55.46 (+0.47%)
CGC   3.03 (-1.94%)
F   13.31 (+1.45%)
GE   82.34 (-1.54%)
DIS   94.17 (+1.75%)
AMC   6.01 (-0.99%)
PYPL   74.55 (+0.44%)
PFE   51.73 (-0.10%)
NFLX   325.70 (+4.98%)
S&P 500   3,971.62 (+0.20%)
DOW   33,803.74 (+0.07%)
QQQ   284.76 (+0.32%)
AAPL   143.91 (+0.88%)
MSFT   247.36 (-0.02%)
META   116.56 (+1.07%)
GOOGL   93.84 (+0.14%)
AMZN   89.62 (-0.81%)
TSLA   180.99 (+4.35%)
NVDA   174.40 (+1.58%)
NIO   12.97 (-3.28%)
BABA   93.04 (-1.20%)
AMD   70.01 (-0.65%)
T   19.27 (+0.78%)
MU   55.46 (+0.47%)
CGC   3.03 (-1.94%)
F   13.31 (+1.45%)
GE   82.34 (-1.54%)
DIS   94.17 (+1.75%)
AMC   6.01 (-0.99%)
PYPL   74.55 (+0.44%)
PFE   51.73 (-0.10%)
NFLX   325.70 (+4.98%)
S&P 500   3,971.62 (+0.20%)
DOW   33,803.74 (+0.07%)
QQQ   284.76 (+0.32%)
AAPL   143.91 (+0.88%)
MSFT   247.36 (-0.02%)
META   116.56 (+1.07%)
GOOGL   93.84 (+0.14%)
AMZN   89.62 (-0.81%)
TSLA   180.99 (+4.35%)
NVDA   174.40 (+1.58%)
NIO   12.97 (-3.28%)
BABA   93.04 (-1.20%)
AMD   70.01 (-0.65%)
T   19.27 (+0.78%)
MU   55.46 (+0.47%)
CGC   3.03 (-1.94%)
F   13.31 (+1.45%)
GE   82.34 (-1.54%)
DIS   94.17 (+1.75%)
AMC   6.01 (-0.99%)
PYPL   74.55 (+0.44%)
PFE   51.73 (-0.10%)
NFLX   325.70 (+4.98%)
S&P 500   3,971.62 (+0.20%)
DOW   33,803.74 (+0.07%)
QQQ   284.76 (+0.32%)
AAPL   143.91 (+0.88%)
MSFT   247.36 (-0.02%)
META   116.56 (+1.07%)
GOOGL   93.84 (+0.14%)
AMZN   89.62 (-0.81%)
TSLA   180.99 (+4.35%)
NVDA   174.40 (+1.58%)
NIO   12.97 (-3.28%)
BABA   93.04 (-1.20%)
AMD   70.01 (-0.65%)
T   19.27 (+0.78%)
MU   55.46 (+0.47%)
CGC   3.03 (-1.94%)
F   13.31 (+1.45%)
GE   82.34 (-1.54%)
DIS   94.17 (+1.75%)
AMC   6.01 (-0.99%)
PYPL   74.55 (+0.44%)
PFE   51.73 (-0.10%)
NFLX   325.70 (+4.98%)
NYSE:MX

Magnachip Semiconductor - MX Stock Forecast, Price & News

$9.58
+0.07 (+0.74%)
(As of 12/9/2022 11:09 AM ET)
Add
Compare
Today's Range
$9.55
$9.59
50-Day Range
$9.01
$11.40
52-Week Range
$8.90
$22.28
Volume
354 shs
Average Volume
346,331 shs
Market Capitalization
$423.15 million
P/E Ratio
11.01
Dividend Yield
N/A
Price Target
$13.00

Magnachip Semiconductor MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
36.7% Upside
$13.00 Price Target
Short Interest
Healthy
2.54% 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.

2.39 out of 5 stars

Computer And Technology Sector

126th out of 621 stocks

Semiconductors & Related Devices Industry

16th out of 91 stocks

MX stock logo

About Magnachip Semiconductor (NYSE:MX) Stock

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, 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, notebook PCs, monitors and liquid crystal displays, and micro light-emitting diode (LED) televisions. 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-bike, photovoltaic inverter, LED lighting, motor drive, and home appliances; and organic light-emitting diode display driver integrated circuits for OLED TVs. It serves consumer, computing, and industrial electronics original equipment manufacturers, original design manufacturers, and electronics manufacturing services companies, as well as subsystem designers in Korea, the Asia Pacific, the United States, Europe, and internationally. 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 2004 and is based in Luxembourg, Luxembourg.

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.

MX Stock News Headlines

Magnachip (MX) Q3 Earnings Top Estimates
Magnachip Reports Results for Third Quarter 2022
Magnachip Unveils Third-Generation 200V MV MOSFETs
Magnachip Semiconductor Is A Hot Deal
Read Why Magnachip Shares Are Trading Higher Today
Magnachip Semiconductor Rally Remains
Why Magnachip Semiconductor Stock Jumped 14% Today
See More Headlines
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.

MX Company Calendar

Last Earnings
10/24/2021
Today
12/09/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/15/2023

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
+35.7%
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
$1.29 per share
Book Value
$9.74 per share

Miscellaneous

Free Float
42,364,000
Market Cap
$423.15 million
Optionable
Optionable
Beta
1.05

Key Executives

  • Mr. Young-Joon Kim (Age 57)
    CEO & Director
    Comp: $3.17M
  • Mr. Theodore S. Kim (Age 52)
    Chief Compliance Officer, Gen. Counsel & Sec.
    Comp: $1.57M
  • Mr. Woung Moo Lee (Age 59)
    Gen. Mang. of Worldwide Sales
    Comp: $480.72k
  • Dr. Chan Ho Park Ph.D. (Age 58)
    Gen. Mang. of Power Solutions
    Comp: $613.2k
  • Ms. Shin Young Park (Age 41)
    CFO & Chief Accounting Officer
  • So-Yeon Jeong
    Head of Investor Relations
  • Chan-Keun Park
    Director of PR
  • Mr. Seung-Hoon Lee
    Sr. VP of Manufacturing Operations
  • Mr. Jk Minh
    Chief of Strategic Planning













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 year. 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 Wall Street research analysts have issued 1-year 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 share price to reach $13.00 in the next twelve months. This suggests a possible upside of 36.7% 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 2022?

Magnachip Semiconductor's stock was trading at $20.97 at the start of the year. Since then, MX shares have decreased by 54.6% and is now trading at $9.51.
View the best growth stocks for 2022 here
.

Are investors shorting Magnachip Semiconductor?

Magnachip Semiconductor saw a drop in short interest in November. As of November 15th, there was short interest totaling 1,090,000 shares, a drop of 19.3% from the October 31st total of 1,350,000 shares. Based on an average trading volume of 451,100 shares, the days-to-cover ratio is presently 2.4 days. Currently, 2.5% of the company's stock are sold short.
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) posted its quarterly earnings data on Sunday, October, 24th. The semiconductor company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.22. The semiconductor company earned $127 million during the quarter, compared to analyst estimates of $131.55 million. Magnachip Semiconductor had a net margin of 11.01% and a trailing twelve-month return on equity of 7.45%.

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 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 Alliancebernstein L.P. (5.03%), Systematic Financial Management LP (3.95%), Clearline Capital LP (3.01%), Dimensional Fund Advisors LP (2.82%), Mangrove Partners (2.50%) and Quinn Opportunity Partners LLC (1.97%). 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 $9.51.

How much money does Magnachip Semiconductor make?

Magnachip Semiconductor (NYSE:MX) has a market capitalization of $420.10 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 12/9/2022 by MarketBeat.com Staff