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April 21, 2022
Magic Software Enterprises (NASDAQ:MGIC – Get Rating) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued to investors on Wednesday, Zacks.com reports. According to Zacks, “Magic Software Enterprises, a member of the Formula Group, develops, markets and supports software development and deployment technology that enables […]
April 21, 2022
A number of firms have modified their ratings and price targets on shares of Magic Software Enterprises (NASDAQ: MGIC) recently: 4/20/2022 – Magic Software Enterprises was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Magic Software Enterprises, a member of the Formula Group, develops, markets […]
April 14, 2022
Magic Software Enterprises (NASDAQ:MGIC – Get Rating) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Wednesday, Zacks.com reports. According to Zacks, “Magic Software Enterprises, a member of the Formula Group, develops, markets and supports software development and deployment technology that enables enterprises to accelerate […]
April 8, 2022
Van ECK Associates Corp reduced its position in shares of Magic Software Enterprises Ltd. (NASDAQ:MGIC – Get Rating) by 16.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,575 shares of the software maker’s stock after selling 1,128 shares during the […]
April 5, 2022
Shares of Magic Software Enterprises Ltd. (NASDAQ:MGIC – Get Rating) saw an uptick in trading volume on Tuesday . 2,215 shares traded hands during mid-day trading, a decline of 88% from the previous session’s volume of 19,138 shares.The stock last traded at $18.10 and had previously closed at $17.94. MGIC has been the topic of […]
March 10, 2022
StockNews.com cut shares of Magic Software Enterprises (NASDAQ:MGIC – Get Rating) from a strong-buy rating to a buy rating in a research report released on Monday. Separately, Zacks Investment Research cut Magic Software Enterprises from a hold rating to a sell rating in a research note on Saturday, March 5th. Shares of MGIC opened at […]
March 4, 2022
Magic Software Enterprises (NASDAQ:MGIC – Get Rating) issued its quarterly earnings data on Wednesday. The software maker reported $0.26 EPS for the quarter, beating the consensus estimate of $0.25 by $0.01, MarketWatch Earnings reports. Magic Software Enterprises had a return on equity of 16.26% and a net margin of 6.20%. Magic Software Enterprises updated its […]
March 2, 2022
Operating income for the year increased 26.2% year over year to a record breaking $51.2 million; Non-GAAP operating income for the year increased 27% year over year to a record-breaking $66.8... | March 2, 2022
August 12, 2021
Press release content from Globe Newswire. The AP news staff was not involved in its creation.
March 8, 2021
Press release content from Globe Newswire. The AP news staff was not involved in its creation. Magic Reports Fourth Quarter and Full Year 2020 Financial Results with Record-Breaking Annual ... Magic Software Enterprises Ltd.March 8, 2021 GMT Or Yehuda, Israel, March 08, 2021 (GLOBE NEWSWIRE) -- Magic Software Enterprises Ltd. (NASDAQย andย TASE: MGIC),ย a global provider of end-to-end integration and application development platform solutions and IT consulting services, announced today its fina...