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Magic Software Enterprises (MGIC)

(Real Time Quote from BATS)

$11.37 USD

11.37
15,128

+0.47 (4.31%)

Updated Nov 11, 2024 01:36 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 Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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3-Hold of 5     3    

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.

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A Value B Growth A 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%.

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

Top 18% (46 out of 250)

Industry: Computer - Software

Zacks News

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?

American Software (AMSWA) Beats Q3 Earnings and Revenue Estimates

American Software (AMSWA) delivered earnings and revenue surprises of 57.14% and 7.12%, respectively, for the quarter ended January 2022. Do the numbers hold clues to what lies ahead for the stock?

Pure Storage (PSTG) Unit Boosts TeleMessage's Compliant Solutions

Pure Storage's (PSTG) arm collaborates with TeleMessage to improve the latter's secure and compliant data storage for global enterprise customers.

Ciena (CIEN) Deploys Solutions to Boost GBI's Submarine Network

Ciena (CIEN) partners Gulf Bridge International to boost the latter's submarine network infrastructure with GeoMesh Extreme solution.

Sensata (ST) Boosts System Performance With Smart Contactors

Sensata (ST) unveils GXC and MXC series of Smart-Tactor contactors that enhance system performance and streamline operations with real-time data, vital for analysis and reliability.

Cadence (CDNS) Solution Boosts Efficiency of Rodelta Pumps

Cadence (CDNS) maximizes the efficiency of Rodelta Pumps International on the back of its Omnis CFD solution.

    BlackBerry (BB) Boosts Water Sustainability With Research Challenge

    BlackBerry (BB) extends its partnership with the University of Waterloo's Water Institute to tackle water-related challenges that hamper ecosystem and climate conditions.

    BlackBerry (BB), PATEO Tie Up to Develop In-Vehicle Services

    BlackBerry (BB) partners PATEO to incorporate its avant-garde BlackBerry IVY platform into the latter's intelligent Digital Cockpit solution and drive new business opportunities in the China market.

    Magic Software Enterprises (MGIC) Sees Hammer Chart Pattern: Time to Buy?

    Magic Software Enterprises (MGIC) has been struggling lately, but the selling pressure may be coming to an end soon.

    Mark Vickery headshot

    Markets Cool, FedEx & Rivian Post Quarterly Numbers

    FedEx swings to a positive year-to-date while Rivian gives back some of its gains from its IPO.

    Is Magic Software (MGIC) a Solid Growth Stock? 3 Reasons to Think " Yes "

    Magic Software (MGIC) could produce exceptional returns because of its solid growth attributes.

    Is Magic Software (MGIC) a Solid Growth Stock? 3 Reasons to Think " Yes "

    Magic Software (MGIC) could produce exceptional returns because of its solid growth attributes.

    Here's Why Momentum in Magic Software (MGIC) Should Keep going

    Magic Software (MGIC) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

    Magic Software (MGIC) Beats Q3 Earnings and Revenue Estimates

    Magic Software (MGIC) delivered earnings and revenue surprises of 14.29% and 6.97%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

    Magic Software (MGIC) to Report Q3 Results: Wall Street Expects Earnings Growth

    Magic Software (MGIC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

    Magic Software (MGIC) Beats Q2 Earnings and Revenue Estimates

    Magic Software (MGIC) delivered earnings and revenue surprises of 9.52% and 11.20%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?