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Magic Software Enterprises Ltd. provides proprietary application development, business process integration, and vertical software solutions and related professional services.View MGIC
Magic Software Enterprises Ltd - MGIC - EQUITY
Reviewed By: TheStreet Ratings on .
Report Summary: TheStreet Ratings team rates Magic Software Enterprises Ltd as a
Buy with a ratings score of B-.
Report Snippet: We rate MAGIC SOFTWARE ENTERPRISES (MGIC) a BUY. This is driven by a number of strengths, which we believe should have a greater impact than any weaknesses, and should give investors a better performance opportunity than most stocks we cover. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity.