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Magic Software Enterprises Stock Predictions

Magic Software Enterprises Stock Forecast

  • Over the next 52 weeks, Magic Software Enterprises has on average historically risen by 30% based on the past 33 years of stock performance.
  • Magic Software Enterprises has risen higher in 16 of those 33 years over the subsequent 52-week period, corresponding to a historical accuracy of 48.48%
  • Is Magic Software Enterprises Stock Undervalued?
    The current Magic Software Enterprises [MGIC] share price is $14.43. The Score for MGIC is 62, which is 24% above its historic median score of 50, and infers lower risk than normal.
  • MGIC is currently trading in the 60-70% 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 30% based on the past 33 years of stock performance.

Magic Software Enterprises Stock Rating

Buy
62
Magic Software Enterprises (MGIC) is a Buy

Is Magic Software Enterprises overpriced?

  • Magic Software Enterprises has risen higher in 16 of those 33 years over the subsequent 52-week period, corresponding to a historical accuracy of 48.48%

Magic Software Enterprises Stock Price History

Is MGIC stock going to rise?

  • Based on the share price being above its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bullish and MGIC is experiencing slight buying 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:
14.50
52-Week Low:
9.51

Prediction Charts

Market Cap:
708.5M
Price in USD:
14.43
Volume:
34.1K
Beta:
1.34

Technical Analysis

SMA50:
13.34
SMA100:
12.90
SMA200:
12.03
52-Wk Change:
16.37%

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 14.43 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
Apr-23 13.63 13.72 13.99 13.63
Apr-24 13.76 13.67 13.90 13.67
Apr-25 13.68 13.88 13.90 13.68
Apr-28 13.84 13.64 13.84 13.51
Apr-29 13.60 13.94 14.03 13.60
Apr-30 13.95 13.84 13.95 13.75
May-1 13.90 13.87 14.05 13.82
May-2 14.07 14.23 14.25 14.00
May-5 13.88 13.70 13.88 13.64
May-6 13.75 13.84 14.04 13.73
May-7 14.04 13.90 14.05 13.85
May-8 14.45 14.41 14.48 14.34
May-9 14.45 14.31 14.46 14.31
May-12 14.41 14.43 14.50 14.31

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, an increase next quarter of $0.04 per share, an increase this year of $0.10 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.