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FORTY [NASD]
Formula Systems (1985) Ltd.
Index- P/E14.81 EPS (ttm)1.50 Insider Own8.02% Shs Outstand13.60M Perf Week-0.94%
Market Cap301.97M Forward P/E- EPS next Y- Insider Trans- Shs Float4.80M Perf Month2.92%
Income20.70M PEG- EPS next Q- Inst Own0.50% Short Float0.16% Perf Quarter16.89%
Sales703.80M P/S0.43 EPS this Y130.90% Inst Trans-1.45% Short Ratio3.43 Perf Half Y42.28%
Book/sh17.22 P/B1.29 EPS next Y- ROA2.60% Target Price- Perf Year34.44%
Cash/sh9.52 P/C2.33 EPS next 5Y- ROE9.00% 52W Range13.55 - 22.80 Perf YTD43.38%
Dividend0.37 P/FCF335.52 EPS past 5Y46.90% ROI13.70% 52W High-2.59% Beta1.46
Dividend %1.67% Quick Ratio1.80 Sales past 5Y12.40% Gross Margin23.50% 52W Low63.91% ATR0.43
Employees8297 Current Ratio1.80 Sales Q/Q12.70% Oper. Margin7.50% RSI (14)57.14 Volatility2.89% 1.12%
OptionableNo Debt/Eq0.39 EPS Q/Q-84.30% Profit Margin2.90% Rel Volume3.34 Prev Close22.40
ShortableYes LT Debt/Eq0.24 EarningsAug 25 Payout0.00% Avg Volume2.25K Price22.21
Recom- SMA201.59% SMA504.99% SMA20024.67% Volume7,505 Change-0.85%
10-Jun-13 02:23PM  Formula Systems to Pay Dividend of $0.37 at Motley Fool
06:03AM  Formula Systems Announces Distribution of Cash Dividend PR Newswire
13-May-13 05:51AM  Formula Systems Reports First Quarter Results for 2013 PR Newswire
06-May-13 05:59AM  Sapiens Continues its Revenue Growth with Increase of 21% Year over Year to Record Revenue of $31.5M for Q1 2013 PR Newswire
14-Mar-13 07:48AM  Formula Systems Reports Fourth Quarter and Full Year Results for 2012 PR Newswire
06-Mar-13 03:18AM  Sapiens International Corporation to Present at the 25th Annual ROTH Conference PR Newswire
05-Mar-13 03:35AM  Sapiens 2012 Annual Revenue Increases 63% to $114 Million PR Newswire
24-Jan-13 08:36AM  Sapiens Announces Ex-Dividend Date and Payment Date for Cash Dividend PR Newswire
16-Jan-13 10:40AM  Sapiens Issues Financial Guidance for 2013 Revenue of $135 Million PR Newswire
15-Jan-13 11:24AM  Sapiens Announces a Cash Dividend of $6 Million PR Newswire
08-Jan-13 03:01AM  Sapiens International Corporation to Present at 15th Annual Needham Growth Conference on January 15 PR Newswire
05-Dec-12 07:01AM  Achmea (Australia) Selected Sapiens IDIT Software Suite PR Newswire
13-Nov-12 06:56AM  Formula Systems Reports Third Quarter Results for 2012 PR Newswire
06:49AM  Sapiens Q3 2012 Revenue Increases 67% to $29.6 Million PR Newswire
29-Aug-12 09:00AM  Sapiens to Present at Upcoming Investor Conferences PR Newswire
15-Aug-12 06:51AM  Formula Systems Reports Record-breaking Revenues of $186 Million for the Second Quarter of 2012, with 12% Growth Year-over-Year PR Newswire
13-Aug-12 06:34AM  Sapiens Q2 2012 Revenue Increases 91% to $27 Million PR Newswire
10-Jul-12 06:34AM  Magic's Report of Financial Results for the Second Quarter of 2012 Scheduled for August 8, 2012 PR Newswire
03-Jul-12 05:19AM  H+W CONSULT Chooses Magic's Technology to Integrate Cloud and On-premise Solutions PR Newswire
26-Jun-12 09:01AM  Sapiens International Named to Russell Global and Russell 3000 Indices PR Newswire
11-Jun-12 06:24PM  Monday's Tech Recap at Seeking Alpha +7.40%
29-May-12 04:30AM  Magic Becomes a Business Partner of SYSPRO, a Leading African ERP Provider PR Newswire
19-May-12 01:04PM  FORMULA SYSTEMS (1985) LTD Financials EDGAR Online Financials
16-May-12 06:15AM  Magic Announces the Release of its Revolutionary Mobile Offering for the Development of Business Applications, with New Native Clients for iOS and Android Platforms PR Newswire
10-May-12 03:20PM  Formula Systems Reports Strong Start to 2012 with Record-breaking First-Quarter Revenues of $178-Million and Operating Income of $14-Million PR Newswire
08-May-12 04:30AM  Sapiens Q1 2012 Revenue Nearly Doubled Year Over Year Reaching $26 Million PR Newswire
07-May-12 02:23AM  Magic Reports Strong Start to 2012 With Q1 Revenues of $30 Million and Net Income of $4.2 Million, an Increase of 35% Year Over Year PR Newswire
23-Apr-12 07:50AM  Magic Showcases JD Edwards Integration with Microsoft SharePoint at COLLABORATE 12 Oracle Users Conference PR Newswire
16-Apr-12 09:57AM  Magic's Report of Financial Results for the First Quarter of 2012 Scheduled for May 7, 2012 PR Newswire
03-Apr-12 12:26PM  Magic Announces Filing of 2011 Annual Report PR Newswire
04:04AM  Magic Signs Official Distribution Agreement with Valorista, a Leading Spanish Software Vendor and an Affiliate Member of the Asseco Group PR Newswire
15-Mar-12 12:32PM  Formula Systems Reports Fiscal Year Results for 2011 with an Increase of 17% in Revenues and an Increase of 134% in Net Income PR Newswire
13-Mar-12 04:46AM  Haggie® Steel Wire Rope Uses Magic's Technology to Integrate its Legacy Application with SAP R/3 PR Newswire
08-Mar-12 02:06PM  Magic to Present at 24th Annual ROTH Conference PR Newswire
07-Mar-12 10:49AM  Sapiens 2011 Revenue Increases 34% to $70 Million PR Newswire
01-Mar-12 04:54AM  KDDI Chooses Magic's iBOLT Platform to Integrate Salesforce.com with Android Smartphones PR Newswire
27-Feb-12 11:53AM  Sapiens International Corporation to Present at the 24th Annual ROTH Conference PR Newswire
21-Feb-12 03:16AM  Cape plc Uses Magic's Mobile Enterprise Application Platform to Create an Integrated Business Solution for the Construction Industry PR Newswire
14-Feb-12 03:23AM  Magic Reports Record-Breaking Annual Results for 2011 with Revenues of $113 Million and Net Income of $15 Million, an Increase of 60% Year over Year PR Newswire
31-Jan-12 06:16AM  Magic Software Joins Leading Vendors of Solutions for JD Edwards Customers in the JDE Alliance PR Newswire
27-Nov-11 11:36AM  Sapiens Signs $27m 4-Year Frame Agreement with Menorah-Mivtachim, one of the Largest Insurance Groups in Israel PR Newswire
14-Nov-11 10:30AM  UPDATE 1-Asseco may start buyback in 2011, eyes buys, dividend at Reuters
10-Nov-11 04:12AM  Formula Systems Reports Third Quarter Results for 2011 PR Newswire
09-Nov-11 05:57AM  Sapiens Reports Q3 2011 Results: Q3 Revenues Grow 35% Year Over Year PR Newswire
11-Oct-11 05:07AM  LB Group Selects Sapiens Insight for Reinsurance Solution PR Newswire
31-Aug-11 09:24AM  Tokio Marine Management Selects Sapiens RapidSure Policy Administration and Reinsurance Solutions to Replace Legacy Environment PR Newswire
18-Aug-11 04:38AM  Formula Systems Reports Second Quarter Results for 2011 PR Newswire
13-Aug-11 01:05PM  FORMULA SYSTEMS (1985) LTD Financials EDGAR Online Financials
10-Aug-11 03:15AM  Sapiens Reports Q2 2011 Results: Q2 2011 Year Over Year Revenues Grow 14%; Net Income Grows 15% PR Newswire
21-Jul-11 05:56AM  Sapiens, IDIT and FIS Sign Definitive Agreement to Merge; Merged Company to Become a Major Global Insurance Solutions Provider PR Newswire
20-Jun-11 12:00PM  5 Israeli Equities Trading Below Book Value at Seeking Alpha
18-Jun-11 01:04PM  FORMULA SYSTEMS (1985) LTD Financials EDGAR Online Financials
18-May-11 02:15AM  Allianz Suisse Selects Sapiens to Upgrade its Pension Systems PR Newswire
17-May-11 04:32AM  Formula Systems Announces Distribution of Cash Dividend PR Newswire
13-May-11 12:02PM  Asseco Poland's Q1 net profit up 1.8 pct at Reuters
12-May-11 06:20AM  Formula Systems Reports First Quarter Results for 2011 PR Newswire
05:45AM  Sapiens Reports Q1 2011 Results: Revenues Grow 12% in Q1 2011 Year Over Year PR Newswire
26-Apr-11 08:35AM  Sapiens Teams with KPI to Deliver Business Decision Management System PR Newswire
19-Apr-11 02:04PM  Are Formula Systems (1985)'s Earnings Worse Than They Look? at Motley Fool
02:04PM  Are Formula Systems (1985)'s Earnings Worse than they Look? at Motley Fool
11-Apr-11 04:31AM  20 Foreign Dividend Stocks Paying Out More Than 5% Yields at Seeking Alpha
04:21AM  Sapiens Announces INSIGHT for Reinsurance Solution V5, With Increased Financial and Accounting Capabilities PR Newswire
04-Apr-11 10:51AM  Why the Street Should Love Adobe Systems' Earnings at Motley Fool
25-Mar-11 03:06PM  Which Foreign Stocks Have the Most Future Earnings Growth Potential? at Seeking Alpha
24-Mar-11 01:04PM  FORMULA SYSTEMS (1985) LTD Financials EDGAR Online Financials
21-Mar-11 11:40AM  Sapiens Signs a Term Sheet for Merger With IDIT and FIS PR Newswire
18-Mar-11 06:31PM  Formula Systems Reports Fiscal Year 2010 Results; Revenues in 2010 Increased by 17%; Operating Income in 2010 Increased by 27%; Net Income From Continuing Operation in 2010 Increased by 29% PR Newswire
16-Mar-11 10:11AM  Poland's Asseco mulls Nasdaq issue with investors at Reuters
10:03AM  Poland's Asseco mulls Nasdaq issue with investors at Reuters
14-Mar-11 04:05PM  Benjamin Graham's Equation: Finding the Most Undervalued High Yield Dividend Stocks at Motley Fool
07-Mar-11 06:30PM  Magic Software's Trick? Bringing In A New CEO Investor's Business Daily
03:02PM  eFuture Information Technology Inc. Chairman And CEO Adam Yan Interviews With The Wall Street Transcript Wall Street Transcript
22-Feb-11 12:52AM  Sapiens Reports 25% Revenue Growth in Q4 2010 Reaching $14.7M; 2010 Non-GAAP Operating Profit Reached $8.3M PR Newswire
18-Feb-11 03:12PM  Sapiens Signs a Major Deal With a Leading US Financial Institution PR Newswire
04-Feb-11 03:15PM  Egypt-tied investments rise, market reopen awaits at Reuters
01-Feb-11 01:20PM  SCENARIOS-Equity impact from possible Mubarak decision at Reuters
31-Jan-11 02:52PM  UPDATE 1-Egypt ETF rebounds but worries over region persist at Reuters
02:01PM  ADR REPORT-Egypt ETF rebounds, but concerns over region remain at Reuters
07:02AM  Sapiens Enhances its RapidSure P&C Solution with IT-Freedom's ICE Claims Solution PR Newswire
28-Jan-11 04:56PM  UPDATE 3-Egypt unrest slams Middle East investments in US at Reuters
03:51PM  UPDATE 2-Egypt unrest slams Middle East investments in US at Reuters
03:42PM  RPT-UPDATE 2-Egypt unrest slams Middle East investments in US at Reuters
01:42PM  UPDATE 1-Egypt unrest hits equities with Middle East ties at Reuters
11-Jan-11 11:53AM  The Most Promising Dividends in Business Software and Services at Motley Fool
03-Dec-10 05:05AM  Amotz Asa-El's View from Jerusalem: A low-tech Israeli IPO beats a high-tech one at MarketWatch
02-Dec-10 07:58AM  Formula Systems Reports Change in the Board of Directors PR Newswire
22-Nov-10 06:10AM  Formula Systems Reports Third Quarter Results; Revenues Increased by 14% Year-Over-Year to Reach $133.8 Million and Net Income Increased by 24% to $4.9 Million PR Newswire
03-Sep-10 04:21PM  Finisar Flies, Polish Investors Buy Into Formula at Forbes
04:00PM  [video] Today's Big Gainers: FNSR, ULTA, TTWO, FORTY at Forbes.com
07:15AM  Notification of Change of control in Formula System (1985) Ltd PR Newswire
25-Aug-10 10:48AM  7 Stocks to Consider Before Junk Bonds at Motley Fool
17-Aug-10 07:10AM  InPlay: Formula Systems reports Q2 EPS of $0.28 vs $0.25 in 2Q09; revs increased by 19% to $131.7 mln YoY (no ests) Briefing.com
01:27AM  Formula Systems Reports Second Quarter Results; Revenues Increased by 19% Year-Over-Year to Reach $131.7 Million and Operating Income Increased by 35% to $11.3 Million PR Newswire
12-Aug-10 12:19PM  Excavating Dividends in Israel at Motley Fool
11-Aug-10 04:41AM  Sapiens Announces Impressive Double Digit Revenue & Profit Growth for Q2 2010 PR Newswire
28-Jul-10 04:00PM  [$$] Variation on a Theme at TheStreet.com
20-May-10 01:04PM  FORMULA SYSTEMS (1985) LTD Financials EDGAR Online Financials
17-May-10 12:01AM  Formula Systems Reports First Quarter Results for 2010 PR Newswire
26-Apr-10 10:30AM  3 Tech Stocks That Pay Dividends at Investopedia
28-Mar-10 06:36AM  8 Top Yielding Israeli Stocks at Seeking Alpha
Formula Systems (1985) Ltd., through its subsidiaries, operates as an information technology (IT) solutions and services company worldwide. The company engages in the development of customer software systems; customization of software developed to provide a response to customers' requirements; systems assimilation; provision of offshore and domestic services primarily for software developments and quality assurance, and software testing; integration of various components; and distribution and support of software products. It also supplies infrastructure solutions for computer and communication systems, as well as sells and markets hardware products; and operates technological training and qualification centers, which provide professional courses for hi-tech personnel, training and assimilation of computer systems, applications courses, professional training, soft-skills training, and training for capital market operations. In addition, the company develops, markets, sells, and supports application platform, and business and process integration solutions, including uniPaas Application Platform, an application platform that supports various deployment models; iBOLT Business and Process Integration Platform, a graphical wizard-based code-free solution for business processes and applications; and AppBuilder Application Platform, a development environment used for managing, maintaining, and reusing applications. Further, it offers consulting and software development project management, maintenance, technical support, and training services; telecom infrastructure technologies, cargo handling, and installation services; and software solutions, IT services, and outsourcing of application maintenance services for the insurance industry. The company was founded in 1985 and is headquartered in Or Yehuda, Israel. Formula Systems (1985) Ltd. is a subsidiary of Asseco Poland S.A.