Risk factor
Low price volatility
Profitability factor
Strong margins and returns
About
Magic Software Enterprises Ltd. provides proprietary application development, business process integration, vertical software solutions, and information technologies (IT) outsourcing software services in Israel and internationally. The company's Software Services segment develops, markets, sells, and supports application platform, software applications, and business and process integration solutions and related services. Its IT Professional Services segment offers IT...
Company Valuation
From both historical and forecast perspectives, the stock is slightly overpriced compared to similar stocks. In particular, the stock is reasonably priced on P/E, of fair
Target Price
The average target price of MGIC is 18 and suggests 23% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to decre
Buy
Sell