Magnachip Semiconductor (MX) Projected to Post Quarterly Earnings on Monday

Magnachip Semiconductor (NYSE:MXGet Free Report) is expected to announce its Q1 2025 earnings results after the market closes on Monday, May 12th. Analysts expect the company to announce earnings of ($0.23) per share and revenue of $44.50 million for the quarter.

Magnachip Semiconductor Price Performance

NYSE:MX opened at $3.26 on Friday. The company has a quick ratio of 4.09, a current ratio of 4.81 and a debt-to-equity ratio of 0.10. Magnachip Semiconductor has a 52 week low of $2.51 and a 52 week high of $5.98. The stock’s 50-day moving average price is $3.36 and its 200-day moving average price is $3.91. The stock has a market capitalization of $117.57 million, a PE ratio of -2.81 and a beta of 0.77.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on MX shares. StockNews.com upgraded shares of Magnachip Semiconductor from a “sell” rating to a “hold” rating in a research report on Thursday, March 13th. Needham & Company LLC restated a “buy” rating and issued a $6.00 target price on shares of Magnachip Semiconductor in a report on Thursday, March 13th.

View Our Latest Report on Magnachip Semiconductor

About Magnachip Semiconductor

(Get Free Report)

Magnachip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and supplies analog and mixed-signal semiconductor platform solutions for communications, the Internet of Things, consumer, computing, industrial, and automotive applications. It provides display solutions, including source and gate drivers, and timing controllers that cover a range of flat panel displays used in mobile communications, automotive, entertainment devices, monitors, notebook PCs, tablet PC and TVs applied with liquid crystal display, organic light emitting diodes (OLED), and micro light emitting diode (Micro LED) panel.

See Also

Earnings History for Magnachip Semiconductor (NYSE:MX)

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