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Magic Software Enterprises Stock Predictions

The Mysterious VC Firm Behind Nvidia's Secret Weapon

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Sell
40

MGIC
Magic Software Enterprises

Last Price:
11.01
Seasonality Move:
21.15%

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Magic Software Enterprises Stock Forecast

  • Over the next 52 weeks, Magic Software Enterprises has on average historically risen by 27.7% based on the past 33 years of stock performance.
  • Magic Software Enterprises has risen higher in 20 of those 33 years over the subsequent 52-week period, corresponding to a historical accuracy of 60.61%
  • Is Magic Software Enterprises Stock Undervalued?
    The current Magic Software Enterprises [MGIC] share price is $10.96. The Score for MGIC is 40, which is 20% below its historic median score of 50, and infers higher risk than normal.
  • MGIC is currently trading in the 30-40% percentile range relative to its historical Stock Score levels.

Will Magic Software Enterprises Stock Go Up Next Year?

  • Over the next 52 weeks, Magic Software Enterprises has on average historically risen by 27.7% based on the past 33 years of stock performance.

Magic Software Enterprises Stock Rating

Sell
40
Magic Software Enterprises (MGIC) is a Sell

Is Magic Software Enterprises overpriced?

  • Magic Software Enterprises has risen higher in 20 of those 33 years over the subsequent 52-week period, corresponding to a historical accuracy of 60.61%

Magic Software Enterprises Stock Price History

Is MGIC stock going to rise?

  • Based on the share price being below its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bearish and MGIC is experiencing slight selling pressure.

Stock Information

Stock Info

Exchange:
NASDAQ
Country:
Israel
Industry:
Software
Sector:
Information Technology
Type:
stock
Website:
magicsoftware.com

52-Week Data

52-Week High:
12.99
52-Week Low:
8.15

Prediction Charts

Market Cap:
538.13M
Price in USD:
10.96
Volume:
14.15K
Beta:
1.34

Technical Analysis

SMA50:
11.20
SMA100:
10.89
SMA200:
11.06
52-Wk Change:
6.1%

Stock Predictions

  • Is Magic Software Enterprises stock public?
    Yes, Magic Software Enterprises is a publicly traded company.
  • What is the Magic Software Enterprises stock quote today?
    The Magic Software Enterprises stock price is 10.96 USD today.
  • How to buy Magic Software Enterprises stock online?
    You can buy Magic Software Enterprises shares by opening an account at a top tier brokerage firm, such as TD Ameritrade or tastyworks.

14-Day Historical Data

Date Opening Closing Minimum Maximum
Oct-16 11.13 11.22 11.26 11.12
Oct-18 11.15 11.19 11.31 11.15
Oct-21 11.35 11.49 11.54 11.34
Oct-22 11.47 11.32 11.51 11.23
Oct-23 11.32 11.15 11.32 11.01
Oct-24 11.16 11.06 11.19 11.01
Oct-25 11.01 11.18 11.22 11.01
Oct-28 11.25 11.32 11.45 11.18
Oct-29 11.30 11.19 11.30 11.13
Oct-30 11.71 11.52 11.73 11.37
Oct-31 11.46 11.21 11.51 11.21
Nov-1 11.23 11.17 11.36 11.09
Nov-4 11.18 10.99 11.19 10.95
Nov-5 11.03 10.96 11.08 10.91

Magic Software Enterprises Earnings

Magic Software Enterprises Earnings Report: Per Share Magic Software Enterprises Earnings Q1 Q2 Q3 and Q4 last year and next year.

Magic Software Enterprises Forecast Revenue Growth

Magic Software Enterprises Stock Analysis: Historical quarterly revenues per share for Magic Software Enterprises and historical quarterly revenue growth:

  • Analysts estimate an earnings increase this quarter of $0.01 per share, a decrease next quarter of $0.00 per share, an increase this year of $0.04 per share, and an increase next year of $0.05 per share.

* Magic Software Enterprises stock forecasts short-term for next days and weeks may differ from long term prediction for next month and year based on timeline differences.