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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 31.2% based on the past 33 years of stock performance.
  • Magic Software Enterprises has risen higher in 18 of those 33 years over the subsequent 52-week period, corresponding to a historical accuracy of 54.55%
  • Is Magic Software Enterprises Stock Undervalued?
    The current Magic Software Enterprises [MGIC] share price is $11.30. 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 31.2% 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 18 of those 33 years over the subsequent 52-week period, corresponding to a historical accuracy of 54.55%

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 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:
12.99
52-Week Low:
8.40

Prediction Charts

Market Cap:
554.82M
Price in USD:
11.30
Volume:
35.23K
Beta:
1.34

Technical Analysis

SMA50:
11.23
SMA100:
10.92
SMA200:
11.08
52-Wk Change:
36.64%

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 11.30 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
Oct-25 11.01 11.18 11.22 11.01
Oct-28 11.25 11.32 11.45 11.18
Oct-29 11.30 11.19 11.30 11.13
Oct-30 11.71 11.52 11.73 11.37
Oct-31 11.46 11.21 11.51 11.21
Nov-1 11.23 11.17 11.36 11.09
Nov-4 11.18 10.99 11.19 10.95
Nov-5 11.03 10.96 11.08 10.91
Nov-6 10.95 10.81 11.14 10.80
Nov-7 10.81 10.75 10.89 10.42
Nov-8 10.63 10.90 10.92 10.63
Nov-11 11.12 11.37 11.41 11.12
Nov-12 11.23 11.14 11.35 11.13
Nov-13 11.35 11.30 11.51 11.27

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, a decrease next quarter of $0.00 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.