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MGIC | Magic Software Enterprises Ltd. Stock Overview

(Stock Exchange: NASDAQ)
Day's Range 11.09 - 11.36
52 Week Range 8.15 - 12.99
Beta 1.05
Implied Volatility 66.21%
IV Rank 31.84%
Day's Volume 23,212
Average Volume 51,031
Shares Outstanding 49,099,300
Market Cap 548,439,181
Sector Technology
Industry Information Technology Services
IPO Date 1991-08-30
Valuation
Profitability
Growth
Health
P/E Ratio 17.18
Forward P/E Ratio N/A
EPS 0.65
1YR Price Target N/A
Dividend Yield 3.64%
Dividend Per Share 0.30
Dividend ExDate N/A
Dividend PayDate N/A
Employees 3,628
Country Israel
Website MGIC
Magic Software Enterprises Ltd. provides proprietary application development, business process integration, vertical software solutions, and information technologies (IT) outsourcing software services in Israel and internationally. The company's Software Services segment develops, markets, sells, and supports application platform, software applications, and business and process integration solutions and related services. Its IT Professional Services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, and supplemental outsourcing services. The company offers proprietary application platforms, such as Magic xpa for developing and deploying business applications; AppBuilder for building, deploying, and maintaining high-end and mainframe-grade business applications; Magic xpi for application integration; FactoryEye for virtualization of production data; BusinessEye for organizational business intelligence; and Magic SmartUX for cross-platform mobile business applications. It also provides vertical software solutions comprising Clicks, a software solution for healthcare providers; Leap, a software solution for business support systems; Hermes Cargo, a packaged software solution for managing air cargo ground handling; HR Pulse, a single-tenant software as a service tool; MBS Solution, a system for managing TV broadcast management; Nativ, a system for management of rehabilitation centers; and Mobisale, a system for sales and distribution field activities for consumer goods manufacturers and wholesalers. In addition, the company provides software maintenance, support, training, and consulting services. The company was formerly known as Mashov Software Export (1983) Ltd. and changed its name to Magic Software Enterprises Ltd. in 1991. Magic Software Enterprises Ltd. was incorporated in 1983 and is headquartered in Or Yehuda, Israel.
MGIC's peers: CTG, HCKT, CSPI, CLVT-PA, NYAX, FORTY, IBEX, INOD, ASGN, SRT
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Analyzing fundamentals for MGIC we got that it has average fundamentals where Valuation is considered to be undervalued, Profitability is very poor, Growth is on medium level and Health is strong. For more detailed analysis please see MGIC Fundamentals page.

Watching at MGIC technicals we can see that long-term trend is bullish, the same as bullish middle-term trend, but short-term trend is bearish. More technicals details can be found on MGIC Technicals page.
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