Magic Software Enterprises Stock Today
| MGIC Stock | USD 13.49 0.05 0.37% |
PerformanceOK
| Odds Of DistressLow
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Magic Software is trading at 13.49 as of the 24th of March 2025, a 0.37 percent increase since the beginning of the trading day. The stock's open price was 13.44. Magic Software has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. The performance scores are derived for the period starting the 24th of December 2024 and ending today, the 24th of March 2025. Click here to learn more.
Business Domain Software & Services | IPO Date 28th of August 1991 | Category Technology | Classification Information Technology |
Magic Software Enterprises Ltd. provides proprietary application development, business process integration, vertical software solutions, and information technologies outsourcing software services in Israel and internationally. Magic Software Enterprises Ltd. The company has 49.1 M outstanding shares of which 79.24 K shares are now shorted by private and institutional investors with about 2.36 trading days to cover. More on Magic Software Enterprises
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Magic Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Yakov Tsaroya | ||||
| Thematic Ideas | (View all Themes) | ||||
| Old Name | MGI Coutier SA | ||||
| Business Concentration | Application Software, Information Technology Services, Information Technology, NASDAQ Composite, NASDAQ Composite Total, Tel Aviv 125, Tel Aviv 90, Business Services, Israel Wall Street, Information Technology, Software, Information Technology Services, Technology (View all Sectors) | ||||
| Average Analyst Recommendation | |||||
Debt LevelsMagic Software can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Magic Software's financial leverage. It provides some insight into what part of Magic Software's total assets is financed by creditors.
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Magic Software Enterprises (MGIC) is traded on NASDAQ Exchange in USA. It is located in Terminal Center, Or Yehuda, Israel, 6037501 and employs 16 people. Magic Software is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 673.91 M. Magic Software Enter conducts business under Software sector and is part of Information Technology industry. The entity has 49.1 M outstanding shares of which 79.24 K shares are now shorted by private and institutional investors with about 2.36 trading days to cover.
Magic Software Enterprises currently holds about 92.32 M in cash with 74.69 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.88.
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Ownership AllocationMagic Software Enter maintains a total of 49.1 Million outstanding shares. Magic Software Enterprises holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Magic Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Eagle Global Advisors, Llc | 2024-12-31 | 72.8 K | |
| Cwm Advisors, Llc | 2024-12-31 | 68.7 K | |
| Yelin Lapidot Holdings Management Ltd | 2024-12-31 | 62.1 K | |
| Geode Capital Management, Llc | 2024-12-31 | 58.1 K | |
| Swiss National Bank | 2024-12-31 | 53.4 K | |
| Ghp Investment Advisors, Inc. | 2024-12-31 | 48.6 K | |
| Citadel Advisors Llc | 2024-12-31 | 42.9 K | |
| Nuveen Asset Management, Llc | 2024-12-31 | 41.9 K | |
| Marshall Wace Asset Management Ltd | 2024-12-31 | 37.2 K | |
| Clal Insurance Enterprises Holdings Ltd | 2024-12-31 | 3.4 M | |
| Phoenix Financial Ltd | 2024-12-31 | 680.2 K |
Magic Software Historical Income Statement
Magic Stock Against Markets
Magic Software Corporate Management
| Yael Ilan | Chief Solutions | Profile | |
| Idan Faingold | Chief Ltd | Profile | |
| Asaf CPA | Chief Officer | Profile | |
| Karin Netzer | Chief Officer | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Magic Software Enterprises. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Magic Software. If investors know Magic will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Magic Software listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.274 | Dividend Share 0.563 | Earnings Share 0.75 | Revenue Per Share | Quarterly Revenue Growth 0.136 |
The market value of Magic Software Enter is measured differently than its book value, which is the value of Magic that is recorded on the company's balance sheet. Investors also form their own opinion of Magic Software's value that differs from its market value or its book value, called intrinsic value, which is Magic Software's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magic Software's market value can be influenced by many factors that don't directly affect Magic Software's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magic Software's value and its price as these two are different measures arrived at by different means. Investors typically determine if Magic Software is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magic Software's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.