Majesco Company Profile (NYSEMKT:MJCO)

About Majesco (NYSEMKT:MJCO)

Majesco logoMajesco is a provider of insurance software, consulting and services for insurance industry. The Company operates through the software solutions provider for the insurance industry segment. The Company offers insurance software solutions for Property and Casualty or General Insurance (P&C), Life, Annuities (L&A), and Pensions and Group or Employee Benefits providers, allowing them to manage policy management, claims management and billing functions. In addition, the Company offers a range of other technology-based solutions for distribution management, digital, data and cloud that enable organizations to automate business processes across the end-to-end insurance value chain and comply with policies and regulations across their organizations. The Company's offering consists of software solutions for all lines of business in insurance industry; services, including project delivery and implementation of its solutions, and consulting and services.

Industry, Sector and Symbol:
  • Sector: Technology
  • Industry: Software - NEC
  • Sub-Industry: N/A
  • Symbol: NYSEMKT:MJCO
  • CUSIP: N/A
  • Web: www.majesco.com/
Capitalization:
  • Market Cap: $164.37 million
  • Outstanding Shares: 36,527,000
Average Prices:
  • 50 Day Moving Avg: $4.76
  • 200 Day Moving Avg: $5.01
  • 52 Week Range: $4.35 - $6.28
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 64.29
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $117.14 million
  • Price / Sales: 1.40
  • Book Value: $1.24 per share
  • Price / Book: 3.63
Profitability:
  • EBIDTA: $2.74 million
  • Net Margins: -5.91%
  • Return on Equity: -14.55%
  • Return on Assets: -7.25%
Misc:
  • Average Volume: 9,650 shs.
  • Short Ratio: 2.69
 

Frequently Asked Questions for Majesco (NYSEMKT:MJCO)

What is Majesco's stock symbol?

Majesco trades on the New York Stock Exchange (NYSE)MKT under the ticker symbol "MJCO."

How were Majesco's earnings last quarter?

Majesco (NYSEMKT:MJCO) issued its quarterly earnings data on Wednesday, July, 26th. The company reported ($0.05) EPS for the quarter, missing the Zacks' consensus estimate of $0.03 by $0.08. The company had revenue of $27.92 million for the quarter. Majesco had a negative return on equity of 14.55% and a negative net margin of 5.91%. View Majesco's Earnings History.

When will Majesco make its next earnings announcement?

Majesco is scheduled to release their next quarterly earnings announcement on Wednesday, October, 25th 2017. View Earnings Estimates for Majesco.

Where is Majesco's stock going? Where will Majesco's stock price be in 2017?

1 brokerages have issued 1-year price targets for Majesco's stock. Their predictions range from $7.00 to $7.00. On average, they expect Majesco's share price to reach $7.00 in the next twelve months. View Analyst Ratings for Majesco.

What are analysts saying about Majesco stock?

Here are some recent quotes from research analysts about Majesco stock:

  • 1. Maxim Group analysts commented, "MJCO reported 1Q:F18 revenue of $27.9 million, below our estimate of $30.9 million, and down 14% year-over-year, which reflects the shift toward SaaS that has significantly less services revenue." (7/27/2017)
  • 2. According to Zacks Investment Research, "Majesco is a technology solutions company. The Company provides software products, consulting and services to the insurance industry. Majesco is based in New York, United States. " (1/24/2017)

Who are some of Majesco's key competitors?

Who are Majesco's key executives?

Majesco's management team includes the folowing people:

  • Arun Kumar Maheshwari, Independent Chairman of the Board
  • Ketan Mehta, President, Chief Executive Officer, Director
  • Farid Kazani, Chief Financial Officer, Treasurer
  • Edward Ossie, Chief Operating Officer
  • William Freitag, Executive Vice President
  • Chad Hersh, Executive Vice President
  • Prateek Kumar, Executive Vice President
  • Tilakraj Panjabi, Executive Vice President - P& C Delivery
  • Manish D. Shah, Executive Vice President
  • Ann F. Massey, Senior Vice President - Finance

Who owns Majesco stock?

Majesco's stock is owned by a number of of retail and institutional investors. Top institutional investors include FCG Advisors LLC (0.41%), Northern Trust Corp (0.10%) and Vanguard Group Inc. (0.07%). Company insiders that own Majesco stock include Arun K Maheshwari, Ketan Mehta, Nimish Sankalia, Prateek Kumar, Robert P Restrepo Jr and William Freitag. View Institutional Ownership Trends for Majesco.

Who bought Majesco stock? Who is buying Majesco stock?

Majesco's stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc. and Northern Trust Corp. Company insiders that have bought Majesco stock in the last two years include Arun K Maheshwari, Ketan Mehta, Nimish Sankalia, Prateek Kumar, Robert P Restrepo Jr and William Freitag. View Insider Buying and Selling for Majesco.

How do I buy Majesco stock?

Shares of Majesco can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Majesco's stock price today?

One share of Majesco stock can currently be purchased for approximately $4.50.


MarketBeat Community Rating for Majesco (NYSEMKT MJCO)
Community Ranking:  3.1 out of 5 (star star star)
Outperform Votes:  59 (Vote Outperform)
Underperform Votes:  37 (Vote Underperform)
Total Votes:  96
MarketBeat's community ratings are surveys of what our community members think about Majesco and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Majesco (NYSEMKT:MJCO) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Buy Rating
Consensus Rating:Buy (Score: 3.00)
Consensus Price Target: $7.00

Analysts' Ratings History for Majesco (NYSEMKT:MJCO)
Show:
DateFirmActionRatingPrice TargetDetails
7/27/2017Maxim GroupReiterated RatingBuy -> Buy$8.00 -> $7.00View Rating Details
5/26/2016AegisInitiated CoverageBuy$8.70View Rating Details
(Data available from 8/24/2015 forward)

Earnings

Earnings History for Majesco (NYSEMKT:MJCO)
Earnings by Quarter for Majesco (NYSEMKT:MJCO)
Earnings History by Quarter for Majesco (NYSEMKT MJCO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/24/2017$0.05N/AView Earnings Details
7/26/2017Q1 2018$0.03($0.05)$27.92 millionViewN/AView Earnings Details
5/2/2017Q4 2017$0.03($0.02)$28.16 millionViewListenView Earnings Details
1/23/2017Q317$0.02$0.01$29.60 million$30.00 millionViewN/AView Earnings Details
10/26/2016Q217($0.01)$0.01$35.61 million$31.10 millionViewListenView Earnings Details
8/2/2016Q117($0.02)($0.02)$23.20 million$32.60 millionViewN/AView Earnings Details
5/10/2016Q416($0.04)$29.50 million$32.30 millionViewListenView Earnings Details
1/25/2016Q316$0.01($0.03)$30.05 million$29.60 millionViewN/AView Earnings Details
10/29/2015Q216$0.02($0.02)$29.00 million$28.20 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Majesco (NYSEMKT:MJCO)
Current Year EPS Consensus Estimate: $-0.02 EPS
Next Year EPS Consensus Estimate: $0.07 EPS

Dividends

Dividend History for Majesco (NYSEMKT:MJCO)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading and Institutional Ownership History for Majesco (NYSEMKT:MJCO)
Insider Trades by Quarter for Majesco (NYSEMKT:MJCO)
Insider Trades by Quarter for Majesco (NYSEMKT:MJCO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/22/2017Ketan MehtaInsiderBuy5,500$4.57$25,135.00View SEC Filing  
8/4/2017Robert P Restrepo JrDirectorBuy5,000$4.90$24,500.00View SEC Filing  
8/3/2017Robert P Restrepo JrDirectorBuy5,000$4.97$24,850.00View SEC Filing  
5/25/2017Nimish SankaliaInsiderBuy1,000$4.70$4,700.00View SEC Filing  
5/19/2017Ketan MehtaInsiderBuy5,000$4.87$24,350.00View SEC Filing  
12/19/2016Nimish SankaliaInsiderBuy1,000$4.66$4,660.00View SEC Filing  
6/13/2016Prateek KumarEVPBuy2,545$5.08$12,928.60View SEC Filing  
6/10/2016Nimish SankaliaSVPBuy1,000$5.16$5,160.00View SEC Filing  
1/29/2016William FreitagEVPBuy3,000$6.15$18,450.00View SEC Filing  
12/29/2015William FreitagEVPBuy2,000$5.74$11,480.00View SEC Filing  
12/4/2015Arun K MaheshwariDirectorBuy10,000$5.73$57,300.00View SEC Filing  
11/23/2015Prateek KumarEVPBuy5,000$4.85$24,250.00View SEC Filing  
11/9/2015Arun K MaheshwariDirectorBuy17,800$4.63$82,414.00View SEC Filing  
11/6/2015Arun K MaheshwariDirectorBuy7,396$4.50$33,282.00View SEC Filing  
11/4/2015Arun K MaheshwariDirectorBuy30,000$4.58$137,400.00View SEC Filing  
11/3/2015Arun K. MaheshwariDirectorBuy31,469$4.37$137,519.53View SEC Filing  
9/15/2015Arun K MaheshwariDirectorBuy9,529$4.80$45,739.20View SEC Filing  
9/14/2015Prateek KumarEVPBuy1,000$4.70$4,700.00View SEC Filing  
9/11/2015Prateek KumarEVPBuy1,000$4.66$4,660.00View SEC Filing  
9/10/2015Prateek KumarEVPBuy1,250$4.68$5,850.00View SEC Filing  
9/3/2015Prateek KumarEVPBuy4,000$4.88$19,520.00View SEC Filing  
8/25/2015Arun K. MaheshwariDirectorBuy7,955$4.89$38,899.95View SEC Filing  
8/18/2015Arun K MaheshwariDirectorBuy20,217$4.85$98,052.45View SEC Filing  
7/17/2015Arun K MaheshwariDirectorBuy14,793$5.00$73,965.00View SEC Filing  
7/10/2015Arun K MaheshwariDirectorBuy4,897$4.80$23,505.60View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Majesco (NYSEMKT:MJCO)
Latest Headlines for Majesco (NYSEMKT:MJCO)
Source:
DateHeadline
americanbankingnews.com logoKetan Mehta Buys 5,500 Shares of Majesco (MJCO) Stock
www.americanbankingnews.com - August 22 at 7:58 PM
finance.yahoo.com logoTier One Insurer Expands Strategic Partnership with Majesco
finance.yahoo.com - August 17 at 3:21 AM
americanbankingnews.com logoMajesco (MJCO) Director Robert P. Restrepo, Jr. Purchases 5,000 Shares
www.americanbankingnews.com - August 8 at 8:34 PM
americanbankingnews.com logoRobert P. Restrepo, Jr. Purchases 5,000 Shares of Majesco (NYSEMKT:MJCO) Stock
www.americanbankingnews.com - August 4 at 9:00 PM
seekingalpha.com logoMajesco's (MJCO) CEO Ketan Mehta on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - July 28 at 9:15 PM
finance.yahoo.com logoEdited Transcript of MJCO earnings conference call or presentation 26-Jul-17 8:30pm GMT
finance.yahoo.com - July 28 at 4:33 AM
americanbankingnews.com logoMajesco (MJCO) Posts Quarterly Earnings Results, Misses Expectations By $0.08 EPS
www.americanbankingnews.com - July 27 at 2:38 PM
finance.yahoo.com logoInvestor Network: Majesco to Host Earnings Call
finance.yahoo.com - July 27 at 4:23 AM
finance.yahoo.com logoMajesco Announces Fiscal 2018 First Quarter Financial Results
finance.yahoo.com - July 27 at 4:23 AM
finance.yahoo.com logoAmerican Capital Assurance Corp. Selects Majesco P&C Suite, Majesco Distribution Management, Majesco Business Analytics and Majesco Enterprise Data Warehouse as Their Platform for Growth
finance.yahoo.com - July 26 at 12:23 AM
finance.yahoo.com logoMajesco to Report Fiscal 2018 First Quarter Financial Results on July 26, 2017
finance.yahoo.com - July 20 at 1:13 AM
finance.yahoo.com logoGlobal Tier 1 Life Insurer Selects Majesco CloudInsurer Platform to Transform Their Collections Operations Globally
finance.yahoo.com - July 18 at 11:30 PM
americanbankingnews.com logoMaxim Group Analysts Give Majesco (MJCO) a $8.00 Price Target
www.americanbankingnews.com - July 18 at 5:30 PM
finance.yahoo.com logoGreenfields, Startups and InsurTech Accelerating New Business Models is Highlighted in New Majesco Report
finance.yahoo.com - July 14 at 6:31 AM
finance.yahoo.com logoSay Insurance, a New Brand for Shelter Insurance in Production with Majesco Billing
finance.yahoo.com - July 12 at 3:34 AM
finance.yahoo.com logoETFs with exposure to Majesco : July 4, 2017
finance.yahoo.com - July 5 at 8:31 AM
finance.yahoo.com logoMajesco Congratulates Homesite Insurance on its Selection for the Novarica Impact Award for Digital Initiative
finance.yahoo.com - June 27 at 6:41 PM
finance.yahoo.com logoETFs with exposure to Majesco : June 22, 2017
finance.yahoo.com - June 23 at 8:01 AM
finance.yahoo.com logoETFs with exposure to Majesco : June 22, 2017
finance.yahoo.com - June 23 at 8:01 AM
finance.yahoo.com logoNew Majesco Report Highlights the Rapidly Expanding Business Opportunities in the Commercial and Specialty Market
finance.yahoo.com - June 20 at 7:33 PM
finance.yahoo.com logoMajesco :MJCO-US: Earnings Analysis: Q4, 2017 By the Numbers : June 20, 2017
finance.yahoo.com - June 20 at 7:33 PM
seekingalpha.com logoMJCO - Cloud Play
seekingalpha.com - June 13 at 11:42 PM
finance.yahoo.com logoNew Majesco Report Highlights the Insurance Distribution Transformation Needed to Succeed in a Multi-Channel World
finance.yahoo.com - June 1 at 7:23 PM
americanbankingnews.com logoKetan Mehta Purchases 5,000 Shares of Majesco (MJCO) Stock
www.americanbankingnews.com - May 23 at 8:34 PM
americanbankingnews.com logoMajesco (MJCO) Rating Reiterated by Maxim Group
www.americanbankingnews.com - May 23 at 1:16 PM
americanbankingnews.com logoMajesco (MJCO) Given Daily News Sentiment Rating of 0.12
www.americanbankingnews.com - May 8 at 11:44 PM
americanbankingnews.com logoMajesco (MJCO) Raised to "C" at TheStreet
www.americanbankingnews.com - May 6 at 11:14 PM
americanbankingnews.com logoMajesco (MJCO) PT Set at $8.00 by Maxim Group
www.americanbankingnews.com - May 4 at 1:19 AM
seekingalpha.com logoMajesco's (MJCO) CEO Ketan Mehta on Q4 2017 Results - Earnings Call Transcript
seekingalpha.com - May 3 at 5:37 PM
americanbankingnews.com logoMajesco (MJCO) Announces Quarterly Earnings Results, Misses Expectations By $0.05 EPS
www.americanbankingnews.com - May 3 at 12:42 PM
finance.yahoo.com logoMajesco Announces Fiscal 2017 Year-End Financial Results
finance.yahoo.com - May 3 at 8:53 AM
americanbankingnews.com logoMajesco (MJCO) Getting Favorable Press Coverage, Analysis Finds
www.americanbankingnews.com - May 3 at 12:48 AM
seekingalpha.com logoMajesco misses by $0.03, misses on revenue
seekingalpha.com - May 2 at 7:26 PM
finance.yahoo.com logoMajesco Congratulates New York Life on Selection as Celent Model Insurer
finance.yahoo.com - April 26 at 6:43 PM
americanbankingnews.com logoMajesco (MJCO) Receiving Favorable Press Coverage, Analysis Shows
www.americanbankingnews.com - April 26 at 4:08 PM
finance.yahoo.com logoGlemham Underwriting Implements Majesco CloudInsurer for Their Innovative New Online Bureau
finance.yahoo.com - April 25 at 5:53 PM
finance.yahoo.com logoMajesco to Report Fiscal 2017 Fourth Quarter and Full Year Financial Results on May 2, 2017
finance.yahoo.com - April 25 at 11:08 AM
americanbankingnews.com logoMajesco (MJCO) Given Coverage Optimism Score of 0.31
www.americanbankingnews.com - April 23 at 6:15 PM
finance.yahoo.com logoNew Majesco Report Highlights an Ever-Widening Gap Between Insurance Leaders Taking Action and Those Who Are Not
finance.yahoo.com - April 20 at 6:38 PM
americanbankingnews.com logoMajesco (MJCO) Receiving Negative Press Coverage, Study Shows
www.americanbankingnews.com - April 20 at 8:51 AM
finance.yahoo.com logoMajesco Announces Ronan Tynan as Closing Keynote Speaker at Convergence 2017
finance.yahoo.com - April 19 at 10:34 AM
finance.yahoo.com logoMajesco Announces David Smith as the Opening Keynote Speaker at Convergence 2017
finance.yahoo.com - April 13 at 8:59 AM
americanbankingnews.com logoMajesco (MJCO) Given Media Impact Score of 0.56
www.americanbankingnews.com - April 13 at 8:28 AM
finance.yahoo.com logoTier Two Specialty Insurer Renews Application Management Services Agreement for Three Years with Majesco
finance.yahoo.com - April 10 at 10:28 AM
americanbankingnews.com logoMaxim Group Reiterates "$8.00" Price Target for Majesco (MJCO)
www.americanbankingnews.com - April 7 at 10:44 PM
streetinsider.com logoMajesco (MJCO) Says it Was Selected by Tier One Insurer for Modernization Program
www.streetinsider.com - March 23 at 7:07 PM
finance.yahoo.com logoTier One Insurer Selects Majesco as Strategic Partner for Their Modernization Program
finance.yahoo.com - March 23 at 7:05 PM
finance.yahoo.com logoTraditional Insurance Billing Shifting from Payment to Digital Customer Engagement Focus According to Majesco Research
finance.yahoo.com - March 14 at 11:07 AM
finance.yahoo.com logoMajesco Expands Leadership Team
finance.yahoo.com - March 9 at 6:21 PM
finance.yahoo.com logoMajesco Launches New Data Solutions
finance.yahoo.com - February 28 at 10:08 AM

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This page was last updated on 8/24/2017 by MarketBeat.com Staff