NYSE:MX - Magnachip Semiconductor Stock Price, News, & Analysis

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$6.37 -0.14 (-2.15 %)
(As of 01/21/2019 10:26 AM ET)
Previous Close$6.51
Today's Range$6.33 - $6.60
52-Week Range$5.94 - $13.35
Volume134,769 shs
Average Volume143,473 shs
Market Capitalization$220.54 million
P/E Ratio8.38
Dividend YieldN/A
Beta0.55
MagnaChip 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 City, Luxembourg.

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Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$679.67 million
Cash Flow$1.7263 per share
Book Value($1.16) per share

Profitability

Net Income$84.93 million

Miscellaneous

Employees2,520
Market Cap$220.54 million
OptionableOptionable

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 has initiated a share repurchase plan on Friday, April 7th 2017, which authorizes the company to repurchase $10,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 4.5% of its stock through open market purchases. Stock repurchase plans are typically a sign 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 Tuesday, October, 30th. The semiconductor company reported $0.32 EPS for the quarter, beating the Zacks' consensus estimate of $0.26 by $0.06. The semiconductor company earned $206 million during the quarter, compared to the consensus estimate of $205 million. Magnachip Semiconductor had a negative return on equity of 108.44% and a net margin of 5.65%. Magnachip Semiconductor's revenue for the quarter was up 16.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.28 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 Thursday, February 14th 2019. View Earnings Estimates for Magnachip Semiconductor.

How can I listen to Magnachip Semiconductor's earnings call?

Magnachip Semiconductor will be holding an earnings conference call on Thursday, February 14th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8445365472.

What price target have analysts set for MX?

2 Wall Street analysts have issued 12-month target prices for Magnachip Semiconductor's shares. Their forecasts range from $9.40 to $13.00. On average, they anticipate Magnachip Semiconductor's stock price to reach $11.20 in the next year. This suggests a possible upside of 75.8% 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.

Has Magnachip Semiconductor been receiving favorable news coverage?

Media coverage about MX stock has been trending positive recently, according to InfoTrie Sentiment. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Magnachip Semiconductor earned a daily sentiment score of 2.7 on InfoTrie's scale. They also gave media stories about the semiconductor company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days.

Are investors shorting Magnachip Semiconductor?

Magnachip Semiconductor saw a drop in short interest in December. As of December 14th, there was short interest totalling 498,049 shares, a drop of 42.4% from the November 30th total of 864,166 shares. Based on an average daily volume of 307,346 shares, the days-to-cover ratio is presently 1.6 days. Approximately 1.5% of the shares of the company are short sold. View Magnachip Semiconductor's Current Options Chain.

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 of Foundry Services Group (Age 55)
  • Mr. Woung Moo Lee, Exec. VP & GM of Standard Products Group (Age 55)

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 $6.37.

How big of a company is Magnachip Semiconductor?

Magnachip Semiconductor has a market capitalization of $220.54 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.

What is Magnachip Semiconductor's official website?

The official website for Magnachip Semiconductor is http://www.magnachip.com.

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:  2.7 out of 5 (star star)
Outperform Votes:  257 (Vote Outperform)
Underperform Votes:  219 (Vote Underperform)
Total Votes:  476
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 1/21/2019 by MarketBeat.com Staff

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