Profile
Sector:
TechnologyIndustry:
Information Technology ServicesCountry:
IsraelIPO:
30 August 1991Website:
http://www.magicsoftware.comNext earnings report:
14 August 2024Last dividends:
27 June 2024Next dividends:
N/APrice
after hours | 66 min agoAnalysts recommendations
Institutional Ownership
Included in screeners
MGIC Latest News
MILWAUKEE , July 1, 2024 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its second quarter 2024 financial results after the market closes on Wednesday, July 31, 2024. A conference call/webcast has been scheduled for 10:00 a.m.
The heavy selling pressure might have exhausted for Magic Software (MGIC) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Or Yehuda, Israel, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (NASDAQ and TASE: MGIC), a global provider of IT consulting services and end-to-end integration and low-code application development platforms, announced today that it will report its financial results for the fourth quarter and full year 2023 on Wednesday, March 13th ,2024.
Magic Software Enterprises is an IT product and solutions provider with a history of growth through small acquisitions. The stock has a low forward P/E ratio of 9.2 and a high dividend yield of 6.40%. The company's financials are mostly stable, with a healthy EBIT margin and stable revenues.
Magic Software (MGIC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Magic Software Enterprises Ltd. (NASDAQ:MGIC ) Q2 2023 Earnings Conference Call August 14, 2023 9:00 AM ET Company Participants Guy Bernstein - Chief Executive Officer Asaf Berenstin - Chief Financial Officer Yuval Lavi - Chief Technology Officer Conference Call Participants Chris Reimer - Barclays Maggie Nolan - William Blair Operator Ladies and gentlemen, thank you for standing by.
Magic Software Enterprises Ltd. (NASDAQ:MGIC ) Q1 2023 Earnings Conference Call May 18, 2023 10:00 AM ET Company Participants Asaf Berenstin - Chief Financial Officer Guy Bernstein - Chief Executive Officer Conference Call Participants Chris Reimer - Barclays Maggie Nolan - William Blair Mike Silver - Kensington Capital Corp Operator Welcome to Magic Software Enterprises 2023 First Financial Results Conference Call.
Magic Software (MGIC) came out with quarterly earnings of $0.26 per share, missing the Zacks Consensus Estimate of $0.28 per share. This compares to earnings of $0.26 per share a year ago.
What type of business is Magic Software Enterprises?
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.
What sector is Magic Software Enterprises in?
Magic Software Enterprises is in the Technology sector
What industry is Magic Software Enterprises in?
Magic Software Enterprises is in the Information Technology Services industry
What country is Magic Software Enterprises from?
Magic Software Enterprises is headquartered in Israel
When did Magic Software Enterprises go public?
Magic Software Enterprises initial public offering (IPO) was on 30 August 1991
What is Magic Software Enterprises website?
https://www.magicsoftware.com
Is Magic Software Enterprises in the S&P 500?
No, Magic Software Enterprises is not included in the S&P 500 index
Is Magic Software Enterprises in the NASDAQ 100?
No, Magic Software Enterprises is not included in the NASDAQ 100 index
Is Magic Software Enterprises in the Dow Jones?
No, Magic Software Enterprises is not included in the Dow Jones index
When does Magic Software Enterprises report earnings?
The next expected earnings date for Magic Software Enterprises is 14 August 2024