At the time of writing, MagnaChip Semiconductor Corp [MX] stock is trading at $3.65, up 11.96%. An important factor to consider is whether the stock is rising or falling in short-term value. The MX shares have gain 13.71% over the last week, with a monthly amount glided 28.07%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Needham reaffirmed its Buy rating on January 13, 2021, and elevated its price target to $25. On January 08, 2021, Oppenheimer initiated with a Outperform rating and assigned a price target of $21 on the stock. Citigroup reiterated its Neutral rating and increased its price target to $11 on August 07, 2017. Citigroup initiated its recommendation with a Neutral. Needham upgraded its rating to Buy for this stock on January 13, 2017, but kept the price target unchanged to $10. In a note dated September 29, 2016, ROTH Capital initiated an Buy rating.
For the past year, the stock price of MagnaChip Semiconductor Corp fluctuated between $2.51 and $5.97. Currently, Wall Street analysts expect the stock to reach $8 within the next 12 months. MagnaChip Semiconductor Corp [NYSE: MX] shares were valued at $3.65 at the most recent close of the market. An investor can expect a potential return of 119.18% based on the average MX price forecast.
Analyzing the MX fundamentals
According to MagnaChip Semiconductor Corp [NYSE:MX], the company’s sales were 225.94M for trailing twelve months, which represents an -10.03% plunge. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at -0.19%, Pretax Profit Margin comes in at -0.23%, and Net Profit Margin reading is -0.21%. To continue investigating profitability, this company’s Return on Assets is posted at -0.13, Equity is -0.17 and Total Capital is -0.14. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.38 points at the first support level, and at 3.12 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.83, and for the 2nd resistance point, it is at 4.02.
Ratios To Look Out For
It is important to note that MagnaChip Semiconductor Corp [NYSE:MX] has a current ratio of 4.51. On the other hand, the Quick Ratio is 3.78, and the Cash Ratio is 2.78. Considering the valuation of this stock, the price to sales ratio is 0.58, the price to book ratio is 0.50.
Transactions by insiders
Recent insider trading involved Lee Ilbok, Director, that happened on Mar 14 ’25 when 20000.0 shares were purchased. Director, MARTINO CAMILLO completed a deal on Mar 13 ’25 to buy 20000.0 shares. Meanwhile, Director NATHAN GILBERT E bought 20000.0 shares on Mar 13 ’25.
