Magic Software Enterprises Share Price Today
(NASDAQ: MGIC)

Name: Magic Software Enterprises Share Price Today (NASDAQ: MGIC) - Magic Software Enterprises Stock Price Live Quote | INDmoney
Brand: INDmoney
Rating: 4.7 (371551 reviews)

Magic Software Enterprises share price is $12.12 & ₹1,054.06 as on 6 Mar 2025, 2.30 'hrs' IST

$12.12

▲

0.03

(0.25%)

Market is closed - opens 8 PM, 06 Mar 2025

View live Magic Software Enterprises share price in Dollar and Rupees. Guide to invest in Magic Software Enterprises stock from India, including Indian investor sentiment. Get details on Indian mutual funds investing in Magic Software Enterprises, along with analyst recommendations, forecasts, and comprehensive financials.

Magic Software Enterprises share price movements

Today's Low: $11.90
Today's High: $12.15
$12.12
1.82%
Downside
Day's Volatility :2.06%
Upside
0.25%
52 Weeks Low: $9.51
52 Weeks High: $13.46
$12.12
21.53%
Downside
52 Weeks Volatility :29.35%
Upside
9.96%

Magic Software Enterprises (MGIC) Returns

Period	Magic Software Enterprises	Sector (Technology)	Index (Russel 2000)
3 Months	1.17%	-8.0%	0.0%
6 Months	13.38%	8.7%	0.0%
1 Year	12.85%	6.9%	0.0%
3 Years	-30.38%	48.0%	-11.6%

Magic Software Enterprises (MGIC) Key Statistics

in dollars & INR

Previous Close	$12.09
Open	$12.15
Today's High	$12.15
Today's Low	$11.9
Market Capitalization	$596.0M
Today's Volume	$28.5K
52 Week High	$13.46
52 Week Low	$9.51
Revenue TTM	$535.5M
EBITDA	$69.6M
Earnings Per Share (EPS)	$0.68
PE Ratio	17.78
Dividend Yield	3.56%
Profit Margin	6.49%
Quarterly Earnings Growth YOY	0.17%
Return On Equity TTM	14.03%

How to invest in Magic Software Enterprises Stock (MGIC) from India?

It is very easy for Indian residents to invest directly in Magic Software Enterprises from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Magic Software Enterprises stock in both Indian Rupees (INR) and US Dollars (USD). Search for Magic Software Enterprises or MGIC on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Magic Software Enterprises or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Magic Software Enterprises shares which would translate to 0.072 fractional shares of Magic Software Enterprises as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India, including recognised companies like Magic Software Enterprises, in just a few clicks!

Returns in Magic Software Enterprises (MGIC) for Indian investors in Rupees

The Magic Software Enterprises stock calculator helps Indian investors calculate returns based on the historical performance of the stock. Just choose your investment amount and duration to get insights and invest more confidently. See stock returns as well as the effect of dollar appreciation over different durations.

Investment Value

₹1,00,000

Magic Software Enterprises investment value today

Current value as on today

₹1,17,798

Returns

₹17,798

(+17.8%)

Returns from Magic Software Enterprises Stock

₹12,849 (+12.85%)

Dollar Returns

₹4,949 (+4.95%)

Indian investors sentiment towards Magic Software Enterprises (MGIC)

-71%

Period: Feb 3, 2025 to Mar 5, 2025. Change in 30 Days versus previous period

Search interest for Magic Software Enterprises Stock from India on INDmoney has decreased by -71% in the last 30 days, reflecting a downward trend in search activity.

Global Institutional Holdings in Magic Software Enterprises

Clal Insurance Enterprises Holdings Ltd
6.97%
Phoenix Financial Ltd
1.39%
Truffle Hound Capital, LLC
0.88%
Renaissance Technologies Corp
0.84%
Dimensional Fund Advisors, Inc.
0.49%
Goldman Sachs Group Inc
0.36%

Analyst Recommendation on Magic Software Enterprises

Buy

87%Buy

12%Hold

0%Sell

Based on 8 Wall street analysts offering stock ratings for Magic Software Enterprises(by analysts ranked 0 to 5 stars)

Based on 8 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Magic Software Enterprises Stock (MGIC)

What analysts predicted

Upside of 23.76%

Target:

$15.00

Current:

$12.12

Insights on Magic Software Enterprises Stock (Ticker Symbol: MGIC)

Price Movement
In the last 3 months, MGIC stock has moved down by -0.5%
Increasing Revenue
Revenue is up for the last 3 quarters, 125.54M → 142.96M (in $), with an average increase of 6.3% per quarter
Decreasing Net Profit
Netprofit is down for the last 2 quarters, 9.03M → 8.43M (in $), with an average decrease of 6.7% per quarter
MGIC vs IBM (1 yr)
In the last 1 year, International Business Machines Corp. has given 28.1% return, outperforming this stock by 15.3%
MGIC vs IBM (3 yr)
In the last 3 years, International Business Machines Corp. has given 98.5% return, outperforming this stock by 132.2%
Price to Sales
ForMGIC every $1 of sales, investors are willing to pay $1.1, whereas for International Business Machines Corp., the investors are paying $3.7 for every $1 of sales.

MGIC Magic Software Enterprises Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$284.4M	↑ 10.23%
Net Income	$19.9M	↑ 28.76%
Net Profit Margin	6.99%	↑ 1.0%

	FY19	Y/Y Change
Revenue	$325.6M	↑ 14.51%
Net Income	$20.3M	↑ 1.93%
Net Profit Margin	6.22%	↓ 0.77%

	FY20	Y/Y Change
Revenue	$371.2M	↑ 13.99%
Net Income	$25.2M	↑ 24.28%
Net Profit Margin	6.79%	↑ 0.57%

	FY21	Y/Y Change
Revenue	$480.3M	↑ 29.4%
Net Income	$29.8M	↑ 18.19%
Net Profit Margin	6.2%	↓ 0.59%

	FY22	Y/Y Change
Revenue	$566.8M	↑ 18.0%
Net Income	$40.5M	↑ 35.96%
Net Profit Margin	7.14%	↑ 0.94%

	FY23	Y/Y Change
Revenue	$535.1M	↓ 5.6%
Net Income	$37.0M	↓ 8.5%
Net Profit Margin	6.92%	↓ 0.22%

	Q2 FY23	Q/Q Change
Revenue	$129.5M	↓ 5.89%
Net Income	$7.1M	↓ 36.73%
Net Profit Margin	5.52%	↓ 2.69%

	Q3 FY23	Q/Q Change
Revenue	$129.5M	↑ 0.0%
Net Income	$7.1M	↑ 0.0%
Net Profit Margin	5.52%	↑ 0.0%

	Q4 FY23	Q/Q Change
Revenue	$130.7M	↑ 0.95%
Net Income	$8.8M	↑ 23.1%
Net Profit Margin	6.73%	↑ 1.21%

	Q1 FY24	Q/Q Change
Revenue	$125.5M	↓ 3.96%
Net Income	$8.5M	↓ 3.57%
Net Profit Margin	6.76%	↑ 0.03%

	Q2 FY24	Q/Q Change
Revenue	$136.3M	↑ 8.53%
Net Income	$9.0M	↑ 6.48%
Net Profit Margin	6.63%	↓ 0.13%

	Q3 FY24	Q/Q Change
Revenue	$143.0M	↑ 4.93%
Net Income	$8.4M	↓ 6.66%
Net Profit Margin	5.9%	↓ 0.73%

	FY18	Y/Y Change
Profit	$88.8M	↑ 7.23%

	FY19	Y/Y Change
Profit	$102.1M	↑ 14.99%

	FY20	Y/Y Change
Profit	$109.6M	↑ 7.31%

	FY21	Y/Y Change
Profit	$133.0M	↑ 21.35%

	FY22	Y/Y Change
Profit	$155.4M	↑ 16.81%

	FY23	Y/Y Change
Profit	$153.0M	↓ 1.52%

	Q2 FY23	Q/Q Change
Profit	$36.8M	↓ 8.6%

	Q3 FY23	Q/Q Change
Profit	$36.8M	↑ 0.0%

	Q4 FY23	Q/Q Change
Profit	$36.7M	↓ 0.37%

	Q1 FY24	Q/Q Change
Profit	$37.0M	↑ 0.71%

	Q2 FY24	Q/Q Change
Profit	$38.8M	↑ 5.09%

	Q3 FY24	Q/Q Change
Profit	$39.7M	↑ 2.16%

	FY18	Y/Y Change
Operating Cash Flow	$24.1M	↓ 9.14%
Investing Cash Flow	$-19.6M	↑ 167.28%
Financing Cash Flow	$11.6M	↓ 180.38%

	FY19	Y/Y Change
Operating Cash Flow	$45.9M	↑ 91.05%
Investing Cash Flow	$-15.4M	↓ 21.04%
Financing Cash Flow	$-37.0M	↓ 420.12%

	FY20	Y/Y Change
Operating Cash Flow	$52.3M	↑ 13.82%
Investing Cash Flow	$-9.6M	↓ 37.8%
Financing Cash Flow	$-39.6M	↑ 7.21%

	FY21	Y/Y Change
Operating Cash Flow	$40.5M	↓ 22.57%
Investing Cash Flow	$-18.5M	↑ 92.15%
Financing Cash Flow	$-21.3M	↓ 46.31%

	FY22	Y/Y Change
Operating Cash Flow	$49.5M	↑ 22.3%
Investing Cash Flow	$-27.3M	↑ 48.14%
Financing Cash Flow	$-18.4M	↓ 13.78%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$22.9M	↓ 4.32%
Investing Cash Flow	$-912.0K	↑ 0.0%
Financing Cash Flow	$-20.4M	↑ 31710.94%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$22.9M	↑ 0.0%
Investing Cash Flow	$-912.0K	↑ 0.0%
Financing Cash Flow	$-20.4M	↑ 0.0%

Magic Software Enterprises Technicals Summary

Sell

Neutral

Buy

Magic Software Enterprises is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

Magic Software Enterprises (MGIC) Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Magic Software Enterprises	-6.19%	13.38%	12.85%	-30.38%	45.15%
Accenture Plc	-11.07%	2.15%	-8.55%	14.18%	112.21%
International Business Machines Corp.	-4.96%	24.07%	28.14%	99.37%	113.35%
Cognizant Technology Solutions Corp.	0.89%	9.8%	9.9%	-2.67%	56.2%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Magic Software Enterprises	17.78	17.78	1.08	0.94	0.14	0.07	0.04	5.69
Accenture Plc	29.19	29.19	2.67	12.76	0.27	0.11	0.02	46.7
International Business Machines Corp.	38.9	38.9	1.71	10.72	0.24	0.03	0.03	29.48
Cognizant Technology Solutions Corp.	18.69	18.69	1.76	5.02	0.16	0.1	0.01	29.11

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Magic Software Enterprises	Buy	$596.0M	45.15%	17.78	6.49%
Accenture Plc	Buy	$217.8B	112.21%	29.19	11.41%
International Business Machines Corp.	Buy	$234.8B	113.35%	38.9	9.6%
Cognizant Technology Solutions Corp.	Hold	$41.7B	56.2%	18.69	11.35%

About Magic Software Enterprises

Magic Software Enterprises Ltd. provides proprietary application development, vertical software solutions, business process integration, information technologies (IT) outsourcing software services, and cloud-based services in Israel and internationally. Its Software Services segment develops, markets, sells, and supports application platform, software applications, and business and process integration solutions and related services. The company's IT Professional Services segment offers IT services in the areas of infrastructure design and delivery, application development, technology planning and implementation services, communications services and solutions, and supplemental outsourcing services. It also offers proprietary application platforms, such as Magic xpa for developing and deploying business applications; AppBuilder for building, deploying, and maintaining business applications; Magic xpi for application integration; Magic xpi cloud native; FactoryEye for virtualization of production data; Magic Data Management and Analytics Platform for data management; and Magic SmartUX for cross-platform mobile business applications. The company also provides vertical software solutions comprising Clicks, a software solution for healthcare providers; Leap, a software solution for business support systems; Hermes Cargo, a packaged software solution for managing air cargo ground handling; HR Pulse, a single-tenant software as a service tool; MBS Solution, a system for managing TV broadcast management; Nativ, a system for management of rehabilitation centers; and Mobisale, a system for sales and distribution field activities for consumer goods manufacturers and wholesalers. In addition, It provides software maintenance, support, training, and consulting services. The company was formerly known as Mashov Software Export (1983) Ltd. and changed its name to Magic Software Enterprises Ltd. in 1991. The company was incorporated in 1983 and is headquartered in Or Yehuda, Israel.

Organization	Magic Software Enterprises
Employees	3628
CEO	Mr. Idan Faingold
Industry	Technology Services

Management People of Magic Software Enterprises

Name	Title
Mr. Arik Kilman	Chairman of Software Solutions Division
Mr. Arik Faingold	President of Integration Solutions Division
Mr. Yakov Tsaroya	Chief Executive Officer of Coretech Consulting Group LLC, Fusion Solution LLC & Xsell Resources Inc.
Mr. Eli Schwartz	Chief Executive Officer of Comblack I.T. Ltd.
Mr. Idan Faingold	Chief Executive Officer of CommIT Technology Solutions Ltd
Mr. Guy Bernstein CPA	CEO & Director
Mr. Asaf Berenstin CPA	Chief Financial Officer
Mr. Yuval Lavi	Vice President Technology & Innovation
Ms. Karin Netzer	Chief Marketing Officer
Yael Ilan	Chief Executive Officer of Complete Business Solutions

Important FAQs about investing in MGIC Stock from India :

What is Magic Software Enterprises share price today?

Magic Software Enterprises share price today stands at $12.12, Open: $12.15 ; Previous Close: $12.09 ; High: $12.15 ; Low: $11.90 ; 52 Week High: $13.46 ; 52 Week Low: $9.51.

The stock opens at $12.15, after a previous close of $12.09. The stock reached a daily high of $12.15 and a low of $11.90, with a 52-week high of $13.46 and a 52-week low of $9.51.

Can Indians buy Magic Software Enterprises shares?

Yes, Indians can invest in the Magic Software Enterprises (MGIC) from India.

With INDmoney, you can buy Magic Software Enterprises at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Magic Software Enterprises at zero transaction cost.

How can I buy Magic Software Enterprises shares from India?

It is very easy to buy Magic Software Enterprises from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Magic Software Enterprises (MGIC) be purchased?

Yes, you can buy fractional shares of Magic Software Enterprises with INDmoney app.

What are the documents required to start investing in Magic Software Enterprises stocks?

To start investing in Magic Software Enterprises, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.