News
MGIC
11.45
-3.29%
-0.39
Weekly Report: what happened at MGIC last week (0318-0322)?
Weekly Report · 4d ago
Investors Can Find Comfort In Magic Software Enterprises' (NASDAQ:MGIC) Earnings Quality
Magic Software Enterprises Ltd.'s (NASDAQ:MGIC) stock was strong despite releasing a soft earnings report last week. The company has a negative accrual ratio of -0.14 for the year to December 2023. Magic Software Enterprises had free cash flow of US$73m in the last year. We think the company's earnings potential is at least as good as it seems. The EPS is up 55% annually, over the last three years.
Simply Wall St · 03/20 10:10
Weekly Report: what happened at MGIC last week (0311-0315)?
Weekly Report · 03/18 09:23
Is It Too Late To Consider Buying Magic Software Enterprises Ltd. (NASDAQ:MGIC)?
Magic Software Enterprises Ltd. (NASDAQ:MGIC) saw a 27% share price rise of 27% in the past couple of months. The company is expected to deliver earnings growth of 4.0% but is currently trading below the industry average. Magic Software Enterprises is a small cap stock, but is still a good opportunity to buy the company. The stock is trading below its peer average for the Software industry. It may be a good time to buy MGIC, but growth is not the main reason to invest.
Simply Wall St · 03/15 11:36
Magic Software Is Maintained at Overweight by Barclays
Dow Jones · 03/14 10:50
Magic Software Price Target Raised to $14.00/Share From $13.00 by Barclays
Dow Jones · 03/14 10:50
Barclays Maintains Overweight on Magic Software, Raises Price Target to $14
Benzinga · 03/14 10:40
Magic (MGIC) Gets a Buy from Barclays
TipRanks · 03/14 08:59
Magic Software Non-GAAP EPS of $0.24, revenue of $125.5M
Seeking Alpha · 03/13 14:05
IT Consulting Services Firm Magic Software Enterprises Stock Soars On Wednesday - Here's Why
Magic Software Enterprises Ltd reported a fourth-quarter revenue decline of 14.7% year-on-year to $125.5 million. The company beat the consensus of $117.7 million. Magic Software introduced 2024 annual revenue guidance of $540.00 million.
Benzinga · 03/13 13:13
Magic Software Enterprises Expects 2024 Revenue of $540M-$550M Vs $493.59M Est
Benzinga · 03/13 12:17
Magic Software Q4 Adj EPS $0.24 Beats $0.19 Estimate, Sales $125.55M Beat $117.50M Estimate
Magic Software reported quarterly earnings of $0.24 per share. The company reported quarterly sales of $125.55 million. Magic Software's quarterly sales are down 14.68 percent from the same period last year. The software company beat the analyst consensus estimate of $117.50 million.
Benzinga · 03/13 12:13
Earnings Scheduled For March 13, 2024
Sangamo Therapeutics is expected to report earnings for its fourth quarter. Dollar Tree is estimated to report quarterly earnings at $2.65 per share on revenue of $8.67 billion. Other companies reporting before the bell and after the bell include i-80 Gold and Optical Cable.
Benzinga · 03/13 10:15
Magic Software Reports Fourth Quarter and Full Year 2023 Financial Results
Magic Software Enterprises Ltd. Announced today its financial results for the fourth quarter and full year ended December 31, 2023. The company is a global provider of IT consulting services and end-to-end integration and application development solutions. Magic Software Enterprises is based in Israel.
Barchart · 03/13 07:24
Pre-Market Earnings Report for March 13, 2024 : DLTR, WSM, ZIM, ACDC, LQDA, SLN, TH, WOOF, MGIC, ADCT, SHCR, GBLI
NASDAQ · 03/12 20:00
Earnings Preview: Magic Software
Magic Software is set to give its latest quarterly earnings report on Wednesday, 2024-03-13. Analysts estimate the company will report an earnings per share of $0.19. Shares of Magic Software were trading at $10.52 as of March 11. Last quarter the company missed its earnings estimate by $ 0.05.
Benzinga · 03/12 15:02
Magic Software Q4 2023 Earnings Preview
Seeking Alpha · 03/12 14:44
Weekly Report: what happened at MGIC last week (0304-0308)?
Weekly Report · 03/11 09:22
Weekly Report: what happened at MGIC last week (0226-0301)?
Weekly Report · 03/04 09:23
Magic Software to Announce Fourth Quarter and Full year 2023 Financial Results on March 13th, 2024
Barchart · 02/28 08:37
More
Webull provides a variety of real-time MGIC stock news. You can receive the latest news about Magic Software Enterprises Ltd through multiple platforms. This information may help you make smarter investment decisions.
About MGIC
Magic Software Enterprises Ltd. is a provider of application development, business process integration platforms, vertical software solutions and related professional services. The Company is a vendor of information technology (IT) outsourcing services. Its software technology is used by customers to develop, deploy and integrate on premise, mobile and cloud-based business. It operates through two segments: software solutions and IT professional services. The software services segment includes software technology and complementary services. The IT professional services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, and communications services and solutions. Its product portfolio includes Magic xpa Application Platform, AppBuilder Application Platform and Magic xpi Integration Platform. Its vertical software packages include Leap, Hermes Solution, HR Pulse and MBS Solution.