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Magic Software Enterprises (MGIC)

(Delayed Data from NSDQ)

$11.64 USD

11.64
32,019

+0.06 (0.52%)

Updated Apr 26, 2024 03:59 PM ET

After-Market: $11.63 -0.01 (-0.09%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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4-Sell of 5       4  

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value B Growth C Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

Zacks Rank Education -- Learn more about the Zacks Rank
Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 33% (82 out of 252)

Industry: Computer - Software

Better trading starts here.

Zacks News

Autodesk (ADSK) Q4 Earnings and Revenues Surpass Estimates

Autodesk (ADSK) delivered earnings and revenue surprises of 7.18% and 2.66%, respectively, for the quarter ended January 2024. Do the numbers hold clues to what lies ahead for the stock?

Sapiens (SPNS) Meets Q3 Earnings Estimates

Sapiens (SPNS) delivered earnings and revenue surprises of 0% and 0.29%, respectively, for the quarter ended September 2023. Do the numbers hold clues to what lies ahead for the stock?

Magic Software (MGIC) Stock Jumps 6.2%: Will It Continue to Soar?

Magic Software (MGIC) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

MicroStrategy (MSTR) Q2 Earnings Top Estimates

MicroStrategy (MSTR) delivered earnings and revenue surprises of 226.39% and 3.56%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Pegasystems (PEGA) Lags Q2 Earnings and Revenue Estimates

Pegasystems (PEGA) delivered earnings and revenue surprises of -80% and 3.66%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Magic Software (MGIC) Lags Q1 Earnings and Revenue Estimates

Magic Software (MGIC) delivered earnings and revenue surprises of -7.14% and 0.67%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

How to Maximize Your Retirement Portfolio with These Top-Ranked Dividend Stocks

The traditional ways to plan for your retirement may mean income can no longer cover expenses post-employment. But what if there was another option that could provide a steady, reliable source of income in your nest egg years?

Magic Software (MGIC) Q4 Earnings and Revenues Surpass Estimates

Magic Software (MGIC) delivered earnings and revenue surprises of 7.69% and 2.90%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Asure Software Inc (ASUR) Q4 Earnings and Revenues Beat Estimates

Asure Software Inc (ASUR) delivered earnings and revenue surprises of 1,600% and 23.91%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Pegasystems (PEGA) Surpasses Q4 Earnings and Revenue Estimates

Pegasystems (PEGA) delivered earnings and revenue surprises of 811.11% and 18.39%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Are Investors Undervaluing Magic Software Enterprises (MGIC) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is DecisionPoint Systems (DPSI) Stock Undervalued Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Magic Software Enterprises (MGIC) a Good Pick for Value Investors?

Is Magic Software Enterprises (MGIC) a great pick from the value investor¿¿¿s perspective right now? Read on to know more.

Magic Software (MGIC) Q3 Earnings and Revenues Top Estimates

Magic Software (MGIC) delivered earnings and revenue surprises of 3.70% and 9.31%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Canaan (CAN) Q3 Earnings Beat Estimates

Canaan (CAN) delivered earnings and revenue surprises of 600% and 4.04%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Icad (ICAD) Reports Q3 Loss, Lags Revenue Estimates

Icad (ICAD) delivered earnings and revenue surprises of -7.14% and 26.35%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

The Zacks Analyst Blog Highlights Westlake, Badger Meter, Vermilion Energy, Magic Software and CI Financial

Westlake, Badger Meter, Vermilion Energy, Magic Software and CI Financial are included in this Analyst Blog.

Ritujay Ghosh headshot

5 Solid Stocks That Recently Announced a Dividend Hike

Westlake Corporation (WLK), Badger Meter, Inc. (BMI), Vermilion Energy Inc. (VET), Magic Software Enterprises Ltd. (MGIC) and CI Financial Corp. (CIXX) recently hiked their dividends.

Magic Software (MGIC) Q2 Earnings Miss Estimates

Magic Software (MGIC) delivered earnings and revenue surprises of -11.11% and 4.01%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Maxar Technologies (MAXR) Beats Q2 Earnings Estimates

Maxar (MAXR) delivered earnings and revenue surprises of 100% and 3.50%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Magic Software (MGIC) Upgraded to Buy: Here's What You Should Know

Magic Software (MGIC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Magic Software (MGIC) Beats Q1 Earnings and Revenue Estimates

Magic Software (MGIC) delivered earnings and revenue surprises of 8.33% and 7.69%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Pegasystems (PEGA) Surpasses Q1 Earnings and Revenue Estimates

Pegasystems (PEGA) delivered earnings and revenue surprises of 436.36% and 2.61%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Microsoft (MSFT) Q3 Earnings and Revenues Top Estimates

Microsoft (MSFT) delivered earnings and revenue surprises of 1.83% and 0.81%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Magic Software (MGIC) Meets Q4 Earnings Estimates

Magic Software (MGIC) delivered earnings and revenue surprises of 0% and 5.98%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?