Magic Software Enterprises (MGIC) Stock Price
Magic Software Enterprises Price
Over the last 19 years Magic Software Enterprises grew revenue by 12.3% annually, reaching 552.52 M USD. Earnings per share have grown at 3.8% per year over the last 17 years. For Magic Software Enterprises, the net margin of 6.7% is broadly stable versus 6.8% a few years ago. At today's price the dividend yield works out to roughly 2.53%. The payout ratio is around 59% of earnings. The consensus 12-month price target for Magic Software Enterprises is 18.36 USD, about 5.6% above where the stock trades today. Of 8 analysts, 6 rate the stock a buy — an overall Buy consensus.
Magic Software Enterprises stock price
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Magic Software Enterprises business model & stock analysis
Frequently asked questions about Magic Software Enterprises
The business model of Magic Software Enterprises Ltd is focused on providing software solutions and services to help businesses streamline their operations and improve productivity. Magic Software offers a wide range of products, including integration platforms, application development tools, and professional services. By leveraging advanced technologies, such as cloud computing and artificial intelligence, the company enables organizations to integrate and connect various systems, automate processes, and enhance data exchange. With its strong expertise and global presence, Magic Software caters to diverse industries, including financial services, healthcare, manufacturing, and more. Overall, Magic Software Enterprises Ltd aims to deliver innovative software solutions to empower businesses and drive their digital transformation efforts.
Magic Software Enterprises Ltd is primarily active in the software development industry.
The main competitors of Magic Software Enterprises Ltd in the market include other leading software companies such as Oracle Corporation, Microsoft Corporation, and SAP SE. These companies also operate in the software development industry and offer a wide range of solutions and services similar to Magic Software Enterprises Ltd. By focusing on innovation, excellent customer service, and consistently delivering high-quality software products, Magic Software Enterprises Ltd strives to stay competitive in this dynamic market.
Magic Software Enterprises Ltd is a leading global provider of software development and integration technology solutions. Founded in 1983, the company has a rich history of delivering cutting-edge technologies to businesses across various industries. Magic Software has a strong focus on innovation and has developed a comprehensive suite of software solutions that help organizations streamline their operations and improve business efficiency. With its robust portfolio of products and services, Magic Software continues to be a trusted partner for businesses looking to enhance their digital capabilities. The company's dedication to customer satisfaction and its commitment to staying at the forefront of technology make Magic Software Enterprises Ltd a renowned player in the software industry.
Magic Software Enterprises Ltd has achieved several significant milestones. The company has successfully positioned itself as a global provider of software development solutions. Magic Software Enterprises Ltd has developed and deployed innovative technologies, including its flagship integration platform, Magic xpi. The company has also expanded its global presence by establishing subsidiaries and partnerships in key markets, allowing it to serve a diverse range of customers worldwide. Magic Software Enterprises Ltd has consistently delivered strong financial performance and has received recognition as a top technology provider. With its commitment to innovation and customer satisfaction, the company continues to achieve remarkable milestones in the software development industry.
Magic Software Enterprises Ltd is primarily present in countries and regions across the globe. With a strong international presence, the company has established a significant foothold in various markets. It operates in key regions such as North America, Europe, Asia-Pacific, and the Middle East. Magic Software Enterprises Ltd has expanded its reach to serve a diverse customer base in these regions, delivering its innovative software solutions and services. With its global footprint, the company effectively caters to the needs of businesses worldwide, offering them cutting-edge technologies and helping them achieve their goals effectively and efficiently.
Magic Software Enterprises Ltd represents values of innovation, customer-centricity, and continuous improvement. With a holistic corporate philosophy, the company focuses on delivering cutting-edge software solutions that empower businesses to thrive in the digital age. Magic Software Enterprises Ltd places a strong emphasis on developing strong relationships with its clients and tailoring solutions to meet their specific needs. By combining advanced technologies with a deep understanding of industry trends, the company enables organizations to streamline their operations, enhance efficiencies, and drive sustainable growth. Magic Software Enterprises Ltd's commitment to excellence and customer satisfaction establishes it as a leading player in the software industry.
Analysts currently set an average price target of 18.36 USD for the Magic Software Enterprises stock (median: 18.36 USD), implying +5.6 % versus the latest price. The consensus is based on 8 analyst ratings.
8 analysts currently rate the Magic Software Enterprises stock: 6 recommend buying, 2 holding and 0 selling.
Converted at the current exchange rate, the Magic Software Enterprises share trades at 15.49 EUR (17.38 USD).
The Magic Software Enterprises share (MGIC) is listed on 4 stock exchanges, including: NASDAQ (MGIC), Frankfurt (MGK.F), München (MGK.MU).
The Magic Software Enterprises Ltd (NASDAQ: MGIC) is a leading provider of enterprise-level integration, application, and data management solutions. The company is headquartered in Petach Tikva, Israel and operates globally. The business model of Magic Software Enterprises focuses on providing comprehensive solutions to assist businesses in seamlessly integrating applications and systems into their existing IT environments. The company offers innovative products and services that help customers optimize their business processes and increase their competitiveness. Magic Software Enterprises divides its offering into three main divisions: integration, applications, and data management. The integration division includes a wide range of products and solutions that facilitate the integration of applications and systems. This includes the Magic xpi Integration Platform, which enables fast integration of applications and data, as well as Magic xpc, a cloud-based platform that allows customers to quickly and easily implement their digital transformation projects. The applications division offers a variety of solutions tailored to the specific needs of customers. This includes Magic xpa, a low-code development environment that allows developers to quickly and easily create applications, as well as the Magic xpa Application Platform, which enables fast implementation and scalability of applications. The data management division includes built-in solutions for data integration, migration, synchronization, and activation, which help customers manage their data easier, faster, and more efficiently. This includes Magic xpi for Data Integration, Magic xpi for Data Migration, and Magic xpi for Data Synchronization. Magic Software Enterprises places great emphasis on customer service and offers a wide range of services to facilitate the implementation and use of the products and solutions offered. The company provides training, support, consulting, and implementation services to ensure that customers can make the most of their investments. Overall, the business model of Magic Software Enterprises is focused on sustainability and growth. Through the continuous development of new products and solutions and the expansion of the global sales network, the company is expected to maintain its position as a key player in the field of enterprise integration and data management in the future. The answer is: Magic Software Enterprises Ltd is a leading provider of enterprise-level integration, application, and data management solutions. They offer a wide range of products and services to help businesses seamlessly integrate applications and systems, optimize their processes, and increase their competitiveness. They prioritize customer service and provide support and implementation services. Their business model is focused on sustainability and growth through the development of new products and global expansion.
The revenue cannot currently be calculated for Magic Software Enterprises.
The expected profit of Magic Software Enterprises is 53.70 M USD. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of Magic Software Enterprises is currently 15.89. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Magic Software Enterprises stock.
The P/S cannot be calculated for Magic Software Enterprises currently.
The Eulerpool Quality Score for Magic Software Enterprises is 7/10.
The ISIN of Magic Software Enterprises is IL0010823123. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The WKN of Magic Software Enterprises is 885455. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.
The ticker of Magic Software Enterprises is MGIC. The ticker symbol is used to trade Magic Software Enterprises shares on the stock exchange.
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All fundamentals and in-depth analysis of Magic Software Enterprises
Our stock analysis for Magic Software Enterprises stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Magic Software Enterprises. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.