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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 29.7% 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 $11.32. The Score for MGIC is 50, which is 0% below its historic median score of 50, and infers higher risk than normal.
  • MGIC is currently trading in the 40-50% 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 29.7% based on the past 33 years of stock performance.

Magic Software Enterprises Stock Rating

Sell
50
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 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:
12.99
52-Week Low:
8.15

Prediction Charts

Market Cap:
555.8M
Price in USD:
11.32
Volume:
36.08K
Beta:
1.34

Technical Analysis

SMA50:
10.80
SMA100:
10.89
SMA200:
10.80
52-Wk Change:
2.63%

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 11.32 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
Aug-29 10.82 10.80 10.90 10.77
Aug-30 10.78 10.85 10.92 10.78
Sep-3 10.88 10.67 10.88 10.61
Sep-4 10.66 10.67 10.80 10.66
Sep-5 10.72 10.78 10.88 10.70
Sep-6 10.77 10.47 10.77 10.45
Sep-9 10.39 10.24 10.53 10.24
Sep-10 10.31 10.72 10.78 10.31
Sep-11 10.68 10.63 10.74 10.50
Sep-12 10.71 11.40 11.44 10.65
Sep-13 11.40 11.50 11.67 11.40
Sep-16 11.59 11.67 11.75 11.49
Sep-17 11.64 11.29 11.64 11.20
Sep-18 11.38 11.32 11.39 11.25

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 $0.01 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.