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Magic Software Enterprises Ltd. Stock Predictions

This Tech Company Grew 32,481%...

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Buy
75

MGIC
Magic Software Enterprises Ltd.

Last Price:
$26.49
Seasonality Move:
7.51%

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Magic Software Enterprises Ltd. Stock Forecast

  • Over the next 52 weeks, Magic Software Enterprises Ltd. has on average historically risen by 60.8% based on the past 34 years of stock performance.
  • Magic Software Enterprises Ltd. has risen higher in 17 of those 34 years over the subsequent 52-week period, corresponding to a historical accuracy of 50%
  • Is Magic Software Enterprises Ltd. Stock Undervalued?
    The current Magic Software Enterprises Ltd. [MGIC] share price is $26.49. The Score for MGIC is 75, which is 50% above its historic median score of 50, and infers lower risk than normal.
  • MGIC is currently trading in the 70-80% 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 60.8% based on the past 34 years of stock performance.

Magic Software Enterprises Ltd. Stock Rating

Buy
75
Magic Software Enterprises Ltd. (MGIC) is a Buy

Is Magic Software Enterprises Ltd. overpriced?

  • Magic Software Enterprises Ltd. has risen higher in 17 of those 34 years over the subsequent 52-week period, corresponding to a historical accuracy of 50%

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 selling pressure, which indicates risk of future bearish 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:
27.44
52-Week Low:
11.36

Prediction Charts

Market Cap:
1.3B
Price in USD:
26.49
Volume:
35.1K
Beta:
1.34

Technical Analysis

SMA50:
23.11
SMA100:
21.60
SMA200:
18.88
52-Wk Change:
123.73%

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 26.49 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
Dec-4 25.00 25.23 25.26 24.91
Dec-5 25.07 25.15 25.47 24.87
Dec-8 25.77 25.63 26.00 25.34
Dec-9 25.83 25.32 25.83 24.82
Dec-10 25.95 25.95 26.00 25.42
Dec-11 26.59 26.79 27.00 26.52
Dec-12 26.71 26.74 26.90 26.43
Dec-15 26.91 26.73 26.95 26.56
Dec-16 26.86 27.24 27.44 26.81
Dec-17 27.21 26.81 27.25 26.61
Dec-18 26.99 24.65 27.06 24.52
Dec-19 25.12 26.29 26.36 25.12
Dec-22 26.41 26.08 26.55 25.89
Dec-23 26.40 26.49 26.76 26.40

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 $0.09 per share, and an increase next year of $0.10 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.