Financhill
Back

Magic Software Enterprises Ltd. Stock Predictions

Magic Software Enterprises Ltd. Stock Forecast

  • Over the next 52 weeks, Magic Software Enterprises Ltd. has on average historically risen by 62.9% based on the past 34 years of stock performance.
  • Magic Software Enterprises Ltd. has risen higher in 18 of those 34 years over the subsequent 52-week period, corresponding to a historical accuracy of 52.94%
  • Is Magic Software Enterprises Ltd. Stock Undervalued?
    The current Magic Software Enterprises Ltd. [MGIC] share price is $24.58. The Score for MGIC is 69, which is 38% 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 Ltd. Stock Go Up Next Year?

  • Over the next 52 weeks, Magic Software Enterprises Ltd. has on average historically risen by 62.9% based on the past 34 years of stock performance.

Magic Software Enterprises Ltd. Stock Rating

Buy
69
Magic Software Enterprises Ltd. (MGIC) is a Buy

Is Magic Software Enterprises Ltd. overpriced?

  • Magic Software Enterprises Ltd. has risen higher in 18 of those 34 years over the subsequent 52-week period, corresponding to a historical accuracy of 52.94%

Magic Software Enterprises Ltd. 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 buying pressure, which is a positive indicator for future bullish movement.

Stock Information

Stock Info

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

52-Week Data

52-Week High:
25.65
52-Week Low:
11.36

Prediction Charts

Market Cap:
1.2B
Price in USD:
24.58
Volume:
33.7K
Beta:
1.34

Technical Analysis

SMA50:
21.48
SMA100:
20.90
SMA200:
17.93
52-Wk Change:
104.66%

Stock Predictions

  • Is Magic Software Enterprises Ltd. stock public?
    Yes, Magic Software Enterprises Ltd. is a publicly traded company.
  • What is the Magic Software Enterprises Ltd. stock quote today?
    The Magic Software Enterprises Ltd. stock price is 24.58 USD today.
  • How to buy Magic Software Enterprises Ltd. stock online?
    You can buy Magic Software Enterprises Ltd. 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
Nov-14 23.83 23.99 24.55 23.80
Nov-17 24.28 24.12 24.90 23.80
Nov-18 24.35 23.06 24.35 22.73
Nov-19 22.93 22.64 23.28 22.38
Nov-20 22.97 21.85 23.06 21.76
Nov-21 21.84 22.22 22.24 21.48
Nov-24 22.88 23.32 23.43 22.48
Nov-25 23.00 22.71 23.17 22.38
Nov-26 22.72 22.67 22.95 22.46
Nov-28 22.86 23.08 23.21 22.75
Dec-1 24.19 24.48 24.81 23.90
Dec-2 25.08 24.91 25.65 24.50
Dec-3 24.82 24.58 25.00 24.15
Dec-4 25.00 25.23 25.26 24.91

Magic Software Enterprises Ltd. Earnings

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

Magic Software Enterprises Ltd. Forecast Revenue Growth

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

  • Analysts estimate an earnings increase this quarter of $0.02 per share, a decrease next quarter of $0.00 per share, an increase this year of $0.11 per share, and an increase next year of $0.08 per share.

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