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

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$7.27 -0.23 (-3.07 %)
(As of 11/14/2018 04:00 PM ET)
Previous Close$7.50
Today's Range$7.21 - $7.67
52-Week Range$7.31 - $13.40
Volume463,588 shs
Average Volume214,606 shs
Market Capitalization$260.01 million
P/E Ratio9.57
Dividend YieldN/A
Beta0.51
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

Stock Exchange NYSE
Industry Semiconductors & related devices
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNYSE:MX
Previous Symbol
CUSIPN/A
Phone352456262

Debt

Debt-to-Equity RatioN/A
Current Ratio2.40
Quick Ratio1.96

Price-To-Earnings

Trailing P/E Ratio9.57
Forward P/E Ratio16.52
P/E GrowthN/A

Sales & Book Value

Annual Sales$679.67 million
Price / Sales0.37
Cash Flow$1.6713 per share
Price / Cash4.35
Book Value($0.50) per share
Price / Book-14.54

Profitability

EPS (Most Recent Fiscal Year)$0.76
Net Income$84.93 million
Net Margins5.65%
Return on Equity-108.44%
Return on Assets5.65%

Miscellaneous

Employees2,520
Outstanding Shares34,620,000
Market Cap$260.01 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 approved a stock repurchase plan 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 plans are often an indication that the company's board of directors believes its shares are undervalued.

How were Magnachip Semiconductor's earnings last quarter?

Magnachip Semiconductor Corp (NYSE:MX) released its quarterly earnings results on Tuesday, October, 30th. The semiconductor company reported $0.32 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.26 by $0.06. The semiconductor company had revenue of $206 million for the quarter, compared to analyst estimates of $205 million. Magnachip Semiconductor had a net margin of 5.65% and a negative return on equity of 108.44%. The business's revenue for the quarter was up 16.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $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 Tuesday, February 5th 2019. View Earnings Estimates for Magnachip Semiconductor.

What price target have analysts set for MX?

3 brokers have issued 12 month target prices for Magnachip Semiconductor's shares. Their predictions range from $9.40 to $15.00. On average, they expect Magnachip Semiconductor's share price to reach $12.4667 in the next twelve months. This suggests a possible upside of 71.5% 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.

Has Magnachip Semiconductor been receiving favorable news coverage?

News articles about MX stock have trended positive on Wednesday, according to InfoTrie. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Magnachip Semiconductor earned a coverage optimism score of 2.4 on InfoTrie's scale. They also gave headlines about the semiconductor company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days.

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)

Who are Magnachip Semiconductor's major shareholders?

Magnachip Semiconductor's stock is owned by a number of of institutional and retail investors. Top institutional investors include Evermore Global Advisors LLC (9.29%), Evermore Global Advisors LLC (7.06%), Connor Clark & Lunn Investment Management Ltd. (1.41%), Cohen Capital Management Inc. (0.77%), Bank of Montreal Can (0.43%) and GSA Capital Partners LLP (0.41%). Company insiders that own Magnachip Semiconductor stock include Brigade Capital Management, Lp, Brigade Leveraged Capital Stru, Camillo Martino, Engaged Capital Llc, Jonathan W Kim, Marc Lasry, Melvin L Keating, 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 Evermore Global Advisors LLC, Evermore Global Advisors LLC, Group One Trading L.P., Connor Clark & Lunn Investment Management Ltd. and Cohen Capital Management Inc.. View Insider Buying and Selling for Magnachip Semiconductor.

Which institutional investors are buying Magnachip Semiconductor stock?

MX stock was bought by a variety of institutional investors in the last quarter, including Algert Global LLC, Bank of Montreal Can, GSA Capital Partners LLP, Engineers Gate Manager LP, Trexquant Investment LP, Dynamic Technology Lab Private Ltd and Tower Research Capital LLC TRC . Company insiders that have bought Magnachip Semiconductor stock in the last two years include Brigade Capital Management, Lp, 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 $7.27.

How big of a company is Magnachip Semiconductor?

Magnachip Semiconductor has a market capitalization of $260.01 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:  2.8 out of 5 (star star)
Outperform Votes:  254 (Vote Outperform)
Underperform Votes:  207 (Vote Underperform)
Total Votes:  461
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 11/14/2018 by MarketBeat.com Staff

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