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MGIC
Stock ticker: NASDAQ
AS OF
May 30 closing price
Price
$15.83
Change
+$0.11 (+0.70%)
Capitalization
793.09M

MGIC stock forecast, quote, news & analysis

Magic Software Enterprises Ltd is a software development company... Show more

MGIC
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
published price charts
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A.I.Advisor
a Summary for MGIC with price predictions
May 30, 2025

MGIC in +6.75% Uptrend, growing for three consecutive days on May 28, 2025

Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where MGIC advanced for three days, in of 291 cases, the price rose further within the following month. The odds of a continued upward trend are .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Aroon Indicator entered an Uptrend today. In of 169 cases where MGIC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The 10-day RSI Indicator for MGIC moved out of overbought territory on May 21, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 35 similar instances where the indicator moved out of overbought territory. In of the 35 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Stochastic Oscillator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.

The Moving Average Convergence Divergence Histogram (MACD) for MGIC turned negative on May 30, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 52 similar instances when the indicator turned negative. In of the 52 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MGIC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

MGIC broke above its upper Bollinger Band on May 13, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is seriously undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.885) is normal, around the industry mean (20.648). P/E Ratio (20.829) is within average values for comparable stocks, (45.606). MGIC's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.711). Dividend Yield (0.036) settles around the average of (0.023) among similar stocks. P/S Ratio (1.366) is also within normal values, averaging (8.912).

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. MGIC’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating well-balanced risk and returns. The average Profit vs. Risk Rating rating for the industry is 81, placing this stock slightly better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

A.I.Advisor
published Dividends

MGIC paid dividends on May 07, 2025

Magic Software Enterprises Ltd MGIC Stock Dividends
А dividend of $0.33 per share was paid with a record date of May 07, 2025, and an ex-dividend date of April 22, 2025. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are International Business Machines Corp (NYSE:IBM), Accenture PLC (NYSE:ACN), Xerox Holdings Corp (NASDAQ:XRX), Unisys Corp (NYSE:UIS).

Industry description

The industry, whose total market cap runs into trillions, makes hardware/software that allows data to be stored, retrieved, transmitted, and manipulated on computers. With the ever-increasing relevance of data, the information technology (IT) industry has gained momentous growth over the years, and continues to thrive on innovation. Some of the behemoths in the industry are International Business Machines Corporation, Accenture, and VMware, Inc.

Market Cap

The average market capitalization across the Information Technology Services Industry is 10.27B. The market cap for tickers in the group ranges from 0 to 240.77B. IBM holds the highest valuation in this group at 240.77B. The lowest valued company is ARSC at 0.

High and low price notable news

The average weekly price growth across all stocks in the Information Technology Services Industry was 1%. For the same Industry, the average monthly price growth was 9%, and the average quarterly price growth was 2%. SEAV experienced the highest price growth at 190%, while CISCF experienced the biggest fall at -48%.

Volume

The average weekly volume growth across all stocks in the Information Technology Services Industry was 48%. For the same stocks of the Industry, the average monthly volume growth was 72% and the average quarterly volume growth was 380%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 39
P/E Growth Rating: 66
Price Growth Rating: 54
SMR Rating: 71
Profit Risk Rating: 81
Seasonality Score: 16 (-100 ... +100)
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MGIC
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published General Information

General Information

a provider of mobile and cloud-enabled application platform and business integration solutions

Industry InformationTechnologyServices

Profile
Fundamentals
Details
Industry
Packaged Software
Address
Yahadut Canada 1 Street
Phone
+972 35389243
Employees
4161
Web
https://www.magicsoftware.com