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Magic Software Enterprises Ltd is a software-application business based in the US. Magic Software Enterprises shares (MGIC) are listed on the NASDAQ and all prices are listed in US Dollars. Magic Software Enterprises employs 2,640 staff and has a trailing 12-month revenue of around USD$357.5 million.
|52-week range||USD$6.1965 - USD$18.354|
|50-day moving average||USD$16.7873|
|200-day moving average||USD$14.9474|
|Wall St. target price||USD$17.25|
|Dividend yield||USD$0.255 (1.58%)|
|Earnings per share (TTM)||USD$0.333|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
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Valuing Magic Software Enterprises stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Magic Software Enterprises's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Magic Software Enterprises's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 48x. In other words, Magic Software Enterprises shares trade at around 48x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Magic Software Enterprises's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.08. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Magic Software Enterprises's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Magic Software Enterprises's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$52.4 million.
The EBITDA is a measure of a Magic Software Enterprises's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$357.5 million|
|Operating margin TTM||10.73%|
|Gross profit TTM||USD$102.1 million|
|Return on assets TTM||5.82%|
|Return on equity TTM||10.23%|
|Market capitalisation||USD$774.4 million|
TTM: trailing 12 months
There are currently 6,813 Magic Software Enterprises shares held short by investors – that's known as Magic Software Enterprises's "short interest". This figure is 53.9% down from 14,776 last month.
There are a few different ways that this level of interest in shorting Magic Software Enterprises shares can be evaluated.
Magic Software Enterprises's "short interest ratio" (SIR) is the quantity of Magic Software Enterprises shares currently shorted divided by the average quantity of Magic Software Enterprises shares traded daily (recently around 61936.363636364). Magic Software Enterprises's SIR currently stands at 0.11. In other words for every 100,000 Magic Software Enterprises shares traded daily on the market, roughly 110 shares are currently held short.
However Magic Software Enterprises's short interest can also be evaluated against the total number of Magic Software Enterprises shares, or, against the total number of tradable Magic Software Enterprises shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Magic Software Enterprises's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Magic Software Enterprises shares in existence, roughly 0 shares are currently held short) or 0.0003% of the tradable shares (for every 100,000 tradable Magic Software Enterprises shares, roughly 0 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Magic Software Enterprises.
Find out more about how you can short Magic Software Enterprises stock.
Dividend payout ratio: 46.36% of net profits
Recently Magic Software Enterprises has paid out, on average, around 46.36% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.58% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Magic Software Enterprises shareholders could enjoy a 1.58% return on their shares, in the form of dividend payments. In Magic Software Enterprises's case, that would currently equate to about $0.255 per share.
While Magic Software Enterprises's payout ratio might seem fairly standard, it's worth remembering that Magic Software Enterprises may be investing much of the rest of its net profits in future growth.
Magic Software Enterprises's most recent dividend payout was on 10 September 2020. The latest dividend was paid out to all shareholders who bought their shares by 27 August 2020 (the "ex-dividend date").
Magic Software Enterprises's shares were split on a 3:1 basis on 14 February 2000. So if you had owned 1 share the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Magic Software Enterprises shares – just the quantity. However, indirectly, the new 66.7% lower share price could have impacted the market appetite for Magic Software Enterprises shares which in turn could have impacted Magic Software Enterprises's share price.
Over the last 12 months, Magic Software Enterprises's shares have ranged in value from as little as $6.1965 up to $18.354. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Magic Software Enterprises's is 1.3634. This would suggest that Magic Software Enterprises's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
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; Magic xpc, a hybrid integration platform as a service; Magic SmartUX, a mobile development application platform; and FactoryEye for virtualization of production data. It also provides vertical software solutions comprising Clicks, a software solution for healthcare providers; Leap, a software solution for business support systems; Hermes Solution, a packaged software solution for managing air cargo ground handling; HR Pulse, a customized single-tenant software as a service tool; and MBS Solution, a proprietary system for managing TV broadcast management. In addition, the company provides software maintenance, support, training, and consulting services. It serves oil and gas, telecommunications, financial, healthcare, and industrial sectors; and public institutions and international agencies. 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 founded in 1983 and is headquartered in Or Yehuda, Israel.
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