MG

Magic Software Enterprises LtdNASDAQ MGIC Stock Report

Last reporting period 30 Jun, 2024

Updated 21 Nov, 2024

Last price

Market cap $B

0.572

Micro

Exchange

XNAS - Nasdaq

MGIC Stock Analysis

MG

Neutral

Based on Eyestock quantitative analysis, MGIC`s fundamental data and valuation indicate an investment grade of Neutral at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

60/100

Moderate score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

43.7 %

Undervalued

Market cap $B

0.572

Dividend yield

5.33 %

Shares outstanding

49.093 B

Magic Software Enterprises Ltd. engages in the provision of proprietary application development and business process integration platforms, vertical software solutions, and vendor of information technology (IT) outsourcing software services. The firm 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. The company 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.

View Section: Eyestock Rating