Magnachip Stock Analysis

MX -  USA Stock  

USD 24.01  0.49  2.08%

The modest gains experienced by current holders of Magnachip Semiconductor may encourage investors to take a closer look at the firm as it is trading at a share price of 24.01 on 1,851,800 in trading volume. The company executives have been quite successful in maneuvering the stock at opportune times to take advantage of all market conditions in May. The stock standard deviation of daily returns for 90 days investing horizon is currently 4.35. This high volatility is attributed to the latest market swings and not so good earnings reports for some of the Magnachip Semiconductor partners.
Additionally, see Stocks Correlation.

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The Magnachip Semiconductor stock analysis report makes it easy to digest most publicly released information about Magnachip Semiconductor and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Magnachip stock analysis module also helps to analyze the Magnachip Semiconductor price relationship with some important fundamental indicators such as market cap and management efficiency.

Magnachip Stock Analysis Notes

About 85.0% of the company shares are owned by institutional investors. The book value of Magnachip Semiconductor was now reported as 9.09. The company has Price/Earnings To Growth (PEG) ratio of 0.63. Magnachip Semiconductor recorded earning per share (EPS) of 7.66. The entity had not issued any dividends in recent years. Magnachip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and supplies analog and mixed-signal semiconductor platform solutions for communications, Internet of Things, consumer, industrial, and automotive applications. Magnachip Semiconductor Corporation is based in Luxembourg, Luxembourg. Magnachip Semiconductor operates under Semiconductors classification in the United States and is traded on New York Stock Exchange. It employs 880 people. To find out more about Magnachip Semiconductor Corp contact YoungJoon Kim at 352 45 6262 or learn more at http://www.magnachip.com.

Magnachip Semiconductor Quarterly Cost of Revenue

104.48 MillionShare

Magnachip Semiconductor Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Magnachip Semiconductor's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Magnachip Semiconductor Corp or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Magnachip Semiconductor has very high historical volatility over the last 90 days
Over 85.0% of the company shares are owned by institutional investors
Latest headline from finance.yahoo.com: Magnachip Told by CFIUS to Pause Merger with Wise Road Capital Shares Sink 6.2 percent - Yahoo Finance

Magnachip Semiconductor Upcoming and Recent Events

Earnings reports are used by Magnachip Semiconductor to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Magnachip Semiconductor previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report29th of July 2021
Next Earnings Report4th of November 2021
Next Fiscal Quarter End30th of June 2021
Next Fiscal Year End16th of February 2022
Last Quarter Report31st of March 2021
Last Earning Announcement30th of June 2020

Magnachip Largest EPS Surprises

Earnings surprises can significantly impact Magnachip Semiconductor's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2018-04-30
2018-03-310.05980.04-0.019833 
2012-04-25
2012-03-310.140.160.0214 
2019-02-14
2018-12-310.07010.10.029942 
View All Earnings Estimates

Magnachip Semiconductor SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Magnachip Semiconductor prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Magnachip Semiconductor investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Magnachip Semiconductor specific information freely available to individual and institutional investors to make a timely investment decision.
28th of May 2021
Other Events
View
24th of May 2021
Unclassified Corporate Event
View
10th of May 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
23rd of April 2021
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
View
29th of March 2021
Financial Statements and Exhibits. Other Events. Entry into a Material Definitive Agreement
View
26th of March 2021
Financial Statements and Exhibits. Other Events
View
17th of February 2021
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
16th of February 2021
Unclassified Corporate Event
View

Magnachip Semiconductor Thematic Classifications

In addition to having Magnachip Semiconductor stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Electronic Equipment IdeaElectronic Equipment
USA Equities from Electronic Equipment industry as classified by Fama & French

Magnachip Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Magnachip Semiconductor is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Magnachip Semiconductor Corp backward and forwards among themselves. Magnachip Semiconductor's institutional investor refers to the entity that pools money to purchase Magnachip Semiconductor's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
Federated Hermes IncCommon Shares2.9 M71.6 M
Oaktree Capital Management LpCommon Shares2.8 M70.5 M
Morgan StanleyCommon Shares2.6 M64.6 M
Rubric Capital Management LpCommon SharesM49.1 M
Brigade Capital Management LpCommon Shares1.7 M41.6 M
Toronado Partners LlcCommon Shares1.7 M41.4 M
Systematic Financial Management LpCommon Shares1.6 M39.7 M
Note, although Magnachip Semiconductor's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Magnachip Market Capitalization

The company currently falls under 'Mid-Cap' category with market capitalization of 1.12 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Magnachip Semiconductor's market, we take the total number of its shares issued and multiply it by Magnachip Semiconductor's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Magnachip Profitablity

Magnachip Semiconductor's profitability indicators refer to fundamental financial ratios that showcase Magnachip Semiconductor's ability to generate income relative to its revenue or operating costs. If, let's say, Magnachip Semiconductor is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Magnachip Semiconductor's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Magnachip Semiconductor's profitability requires more research than a typical breakdown of Magnachip Semiconductor's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin (PM) of 70.89 %, which may suggest that it has sound control over its expenditures, executes well on its competitive polices, or have a solid pricing strategies. This is very large. Likewise, it shows Net Operating Margin (NOM) of 9.0 %, which signifies that for every $100 of sales, it has a net operating income of 0.09.
Last ReportedProjected for 2021
Return on Investment 7.52  7.25 
Return on Average Assets 0.55  0.59 
Return on Average Equity 2.27  2.45 
Return on Invested Capital 1.14  1.23 
Return on Sales 0.62  0.68 

Management Efficiency

The entity has Return on Asset (ROA) of 3.74 % which means that for every $100 of asset, it generated profit of $3.74. This is typical in the industry. Likewise, it shows return on total equity (ROE) of 40.41 %, which means that it produced $40.41 on every 100 dollars invested by current stockholders. Magnachip Semiconductor management efficiency ratios could be used to measure how well magnachip semiconductor manages its routine affairs as well as how well it operates its assets and liabilities. Magnachip Semiconductor Return on Average Assets are fairly stable at the moment as compared to the past year. Magnachip Semiconductor reported Return on Average Assets of 0.55 in 2020. Return on Average Equity is likely to rise to 2.45 in 2021, whereas Return on Investment is likely to drop 7.25 in 2021. Magnachip Semiconductor Current Assets are fairly stable at the moment as compared to the past year. Magnachip Semiconductor reported Current Assets of 409.61 Million in 2020. Assets Non Current is likely to rise to about 182.6 M in 2021, whereas Total Assets are likely to drop slightly above 540.7 M in 2021.
Last ReportedProjected for 2021
Book Value per Share 9.81  10.59 
Enterprise Value over EBIT 1.00  1.03 
Enterprise Value over EBITDA 0.74  0.80 
Price to Book Value 1.39  1.50 
Tangible Assets Book Value per Share 16.16  17.69 
Enterprise Value246.3 M324.7 M
Tangible Asset Value569 M536 M

Technical Drivers

As of the 19th of June, Magnachip Semiconductor secures the Downside Deviation of 2.55, mean deviation of 2.25, and Risk Adjusted Performance of 0.0254. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Magnachip Semiconductor, as well as the relationship between them. Strictly speaking, you can use this information to find out if the firm will indeed mirror its model of past prices, or the prices will eventually revert. We have analyzed and interpolated nineteen technical drivers for Magnachip Semiconductor, which can be compared to its peers in the industry. Please verify Magnachip Semiconductor semi deviation, jensen alpha, as well as the relationship between the Jensen Alpha and semi variance to decide if Magnachip Semiconductor Corp is priced some-what accurately, providing market reflects its recent price of 24.01 per share. Given that Magnachip Semiconductor has jensen alpha of 0.022, we recommend you to check Magnachip Semiconductor's last-minute market performance to make sure the company can sustain itself at a future point.

Magnachip Semiconductor Price Movement Analysis

The output start index for this execution was twenty-nine with a total number of output elements of thirty-two. View also all equity analysis or get more info about mavp overlap studies indicator.

Magnachip Semiconductor Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Magnachip Semiconductor insiders, such as employees or executives, is commonly permitted as long as it does not rely on Magnachip Semiconductor's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Magnachip Semiconductor insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Camillo Martino over a month ago via Macroaxis 
Acquisition by Camillo Martino of tradable shares of Magnachip Semiconductor subject to Rule 16b-3
Park Shin Young over three months ago via Macroaxis 
Payment of 1391 shares by Park Shin Young of Magnachip Semiconductor subject to Rule 16b-3
Woung Lee over three months ago via Macroaxis 
Acquisition by Woung Lee of 11747 shares of Magnachip Semiconductor subject to Rule 16b-3
Young Woo over three months ago via Macroaxis 
Acquisition by Young Woo of 6713 shares of Magnachip Semiconductor subject to Rule 16b-3
Park Shin Young over three months ago via Macroaxis 
Payment of 1475 shares by Park Shin Young of Magnachip Semiconductor subject to Rule 16b-3
YoungJoon Kim over three months ago via Macroaxis 
Acquisition by YoungJoon Kim of 68438 shares of Magnachip Semiconductor subject to Rule 16b-3
Park Shin Young over three months ago via Macroaxis 
Payment of 158 shares by Park Shin Young of MagnaChip Semiconductor subject to Rule 16b-3
Park Shin Young over three months ago via Macroaxis 
Payment of 636 shares by Park Shin Young of MagnaChip Semiconductor subject to Rule 16b-3
Brigade Capital Management Lp over six months ago via Macroaxis 
Sale by Brigade Capital Management Lp of 75000 shares of MagnaChip Semiconductor
Brigade Capital Management Lp over six months ago via Macroaxis 
Sale by Brigade Capital Management Lp of 75000 shares of MagnaChip Semiconductor
Brigade Leveraged Capital Structures Fund Ltd over six months ago via Macroaxis 
MagnaChip Semiconductor exotic insider transaction detected
Brigade Leveraged Capital Structures Fund Ltd over six months ago via Macroaxis 
MagnaChip Semiconductor exotic insider transaction detected

Magnachip Semiconductor Outstanding Bonds

Magnachip Semiconductor issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Magnachip Semiconductor uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Magnachip bonds can be classified according to their maturity, which is the date when Magnachip Semiconductor Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Magnachip Semiconductor Predictive Daily Indicators

Magnachip Semiconductor intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Magnachip Semiconductor stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Magnachip Semiconductor Forecast Models

Magnachip Semiconductor time-series forecasting models is one of many Magnachip Semiconductor's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Magnachip Semiconductor's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

About Magnachip Semiconductor Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Magnachip Semiconductor stock is reacting to, or reflecting on a current stock market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Magnachip shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual stock such as Magnachip Semiconductor. By using and applying Magnachip Stock analysis, traders can create a robust methodology for identifying Magnachip entry and exit points for their positions.
Last ReportedProjected for 2021
Operating Margin 5.33  4.58 
EBITDA Margin 0.66  0.71 
Gross Margin 0.25  0.24 
Profit Margin 0.68  0.73 
Magnachip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and supplies analog and mixed-signal semiconductor platform solutions for communications, Internet of Things, consumer, industrial, and automotive applications. Magnachip Semiconductor Corporation is based in Luxembourg, Luxembourg. Magnachip Semiconductor operates under Semiconductors classification in the United States and is traded on New York Stock Exchange. It employs 880 people.

Current Magnachip Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Magnachip analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Magnachip analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
24.58Buy3Odds
Magnachip Semiconductor Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Magnachip analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Magnachip stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Magnachip Semiconductor, talking to its executives and customers, or listening to Magnachip conference calls.
Magnachip Analyst Advice Details

Magnachip Stock Analysis Indicators

Magnachip Semiconductor Corp stock analysis indicators help investors evaluate how Magnachip Semiconductor stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Magnachip Semiconductor shares will generate the highest return on investment. By understating and applying Magnachip Semiconductor stock analysis, traders can identify Magnachip Semiconductor position entry and exit signals to maximize returns.
Quick Ratio4.37
Fifty Two Week Low9.93
Revenue Growth2.10%
Average Daily Volume Last 10 Day1.34M
Shares Short Prior Month3.18M
Average Daily Volume In Three Month1.22M
Shares Percent Shares Out5.13%
Gross Margins26.21%
Forward Price Earnings21.30
Short Percent Of Float5.19%
Float Shares45.76M
Fifty Two Week High26.98
Fifty Day Average24.08
Enterprise Value To Ebitda19.69
Two Hundred Day Average20.51
Enterprise Value To Revenue1.77
Additionally, see Stocks Correlation. Note that the Magnachip Semiconductor information on this page should be used as a complementary analysis to other Magnachip Semiconductor's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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When running Magnachip Semiconductor price analysis, check to measure Magnachip Semiconductor's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magnachip Semiconductor is operating at the current time. Most of Magnachip Semiconductor's value examination focuses on studying past and present price action to predict the probability of Magnachip Semiconductor's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Magnachip Semiconductor's price. Additionally, you may evaluate how the addition of Magnachip Semiconductor to your portfolios can decrease your overall portfolio volatility.
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The market value of Magnachip Semiconductor is measured differently than its book value, which is the value of Magnachip that is recorded on the company's balance sheet. Investors also form their own opinion of Magnachip Semiconductor's value that differs from its market value or its book value, called intrinsic value, which is Magnachip Semiconductor's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Magnachip Semiconductor's market value can be influenced by many factors that don't directly affect Magnachip Semiconductor underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Magnachip Semiconductor's value and its price as these two are different measures arrived at by different means. Investors typically determine Magnachip Semiconductor value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Magnachip Semiconductor's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.