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

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$9.96 +0.68 (+7.33 %)
(As of 04/23/2019 12:32 PM ET)
Previous Close$9.28
Today's Range$9.28 - $10.34
52-Week Range$5.75 - $13.06
Volume141,035 shs
Average Volume285,443 shs
Market Capitalization$339.55 million
P/E Ratio14.34
Dividend YieldN/A
Beta0.5
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 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 a 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$750.90 million
Cash Flow$2.1102 per share
Book Value($0.50) per share

Profitability

Net Income$-3,900,000.00

Miscellaneous

Employees2,515
Market Cap$339.55 million
Next Earnings Date4/30/2019 (Confirmed)
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 were Magnachip Semiconductor's earnings last quarter?

Magnachip Semiconductor Corp (NYSE:MX) announced its earnings results on Thursday, February, 14th. The semiconductor company reported $0.10 EPS for the quarter, beating the Zacks' consensus estimate of ($0.06) by $0.16. The semiconductor company had revenue of $179.39 million for the quarter, compared to analysts' expectations of $176.50 million. Magnachip Semiconductor had a negative net margin of 0.52% and a negative return on equity of 110.27%. The company's quarterly revenue was up 2.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.23 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 Tuesday, April 30th 2019. View Earnings Estimates for Magnachip Semiconductor.

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

Magnachip Semiconductor updated its first quarter 2019 earnings guidance on Thursday, February, 14th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $150-155 million, compared to the consensus revenue estimate of $171.75 million.

What price target have analysts set for MX?

3 analysts have issued 12-month price targets for Magnachip Semiconductor's stock. Their forecasts range from $9.40 to $13.00. On average, they anticipate Magnachip Semiconductor's share price to reach $10.80 in the next year. This suggests a possible upside of 6.4% from the stock's current price. View Analyst Price Targets for Magnachip Semiconductor.

What is the consensus analysts' recommendation for Magnachip Semiconductor?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Magnachip Semiconductor in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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. " (4/19/2019)
  • 2. Needham & Company LLC analysts commented, "In conjunction with our industry report titled, " China, China China", we are reducing our estimates and PT ahead of earnings to reflect China handset weakness, especially at the high-end, and lower foundry sales. MX’s total revenue came from Greater China, making it vulnerable to softness in China, specifically amongst its Chinese foundry customers. While we remain positive on OLED penetration, we are lowering our underlying base of handset units. On the positive side, we the Power and Display segments will show growth, driven by new product cycles (advent of foldable phones), and increasing demand for premium Power products, especially in the rapidly growing market for electric vehicles." (1/24/2019)

Has Magnachip Semiconductor been receiving favorable news coverage?

Press coverage about MX stock has been trending positive on Tuesday, according to InfoTrie. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Magnachip Semiconductor earned a news sentiment score of 2.7 on InfoTrie's scale. They also assigned news coverage about the semiconductor company a news buzz of 1.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the immediate future.

Who are some of Magnachip Semiconductor's key competitors?

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), BIOLASE (BIOL), Auris Medical (EARS), Micron Technology (MU), Teekay Tankers (TNK), Universal Display (OLED), Rockwell Medical (RMTI) and ExOne (XONE).

Who are Magnachip Semiconductor's key executives?

Magnachip Semiconductor's management team includes the folowing people:
  • Mr. Young-Joon Kim, CEO & Director (Age 54)
  • Mr. Jonathan W. Kim, CFO, Chief Accounting Officer & Exec. VP (Age 44)
  • Mr. Theodore S. Kim, Chief Compliance Officer, Exec. VP, Gen. Counsel & Sec. (Age 49)
  • Mr. Woung Moo Lee, Exec. VP (Age 56)
  • Mr. Bruce Entin, Head of Investor Relations

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 $10.15.

How big of a company is Magnachip Semiconductor?

Magnachip Semiconductor has a market capitalization of $346.02 million and generates $750.90 million in revenue each year. The semiconductor company earns $-3,900,000.00 in net income (profit) each year or $0.71 on an earnings per share basis. Magnachip Semiconductor employs 2,515 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:  2.6 out of 5 (star star)
Outperform Votes:  270 (Vote Outperform)
Underperform Votes:  255 (Vote Underperform)
Total Votes:  525
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 4/23/2019 by MarketBeat.com Staff

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