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Last $4.90 USD
Change Today 0.00 / 0.00%
Volume 55.2K
MAGS On Other Exchanges
Symbol
Exchange
NASDAQ GM
As of 8:10 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

magal security sys ltd (MAGS) Snapshot

Open
$4.89
Previous Close
$4.90
Day High
$4.95
Day Low
$4.80
52 Week High
11/20/14 - $6.18
52 Week Low
07/16/14 - $3.37
Market Cap
79.1M
Average Volume 10 Days
50.1K
EPS TTM
$0.31
Shares Outstanding
16.1M
EX-Date
01/8/04
P/E TM
15.8x
Dividend
--
Dividend Yield
--
Current Stock Chart for MAGAL SECURITY SYS LTD (MAGS)

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magal security sys ltd (MAGS) Details

Magal Security Systems Ltd. develops, manufactures, and sells safety, security, site management, and intelligence gathering and compilation solutions and products worldwide. It operates through Perimeter Products, Turnkey Projects, and Security segments. The company offers perimeter security systems that enable customers to monitor, limit, and control access by unauthorized personnel to specific regions or areas. Its perimeter security systems include hybrid perimeter intrusion detection systems with physical barrier; fence mounted vibration detection systems; detection grids, gates, and fences to protect water passages, VIP residences, and other outdoor applications; and buried cable sensors, electrical field disturbance sensors, and microwave sensors. The company also provides RoboGuard, a robot that runs on an elevated rail along the perimeter of protected sites or border lines; and closed circuit television systems comprising MTC- 1500I, an outdoor surveillance system. In addition, it offers Fortis4G, a fourth generation command and control system; StarNet 1000, a security management system; and Network Manager, a middleware package, as well as life safety/duress alarm products to protect personnel in prisons. Further, the company offers hardware and software products in the field of cyber security for monitoring, securing, and the active management of wired, wireless, and fiber optic communication networks; and installation, support, and maintenance services. Its products are used to protect national borders, military bases, power plants, airports, seaports, prisons, industrial sites, oil and gas facilities, Olympic villages and stadiums, and municipalities from intrusion, crime, sabotage, or vandalism to infrastructure assets and personnel. The company sells its products through system integrators and distribution channels. Magal Security Systems Ltd. was founded in 1969 and is based in Yehud, Israel.

328 Employees
Last Reported Date: 03/26/15
Founded in 1969

magal security sys ltd (MAGS) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

magal security sys ltd (MAGS) Key Developments

Magal Security Systems, Ltd. Wins $12 Million New Orders

Magal Security Systems Ltd. announced it has recently won new orders amounting to $12 million. Most of the new orders are expected to be delivered to customers during 2015. The major order, amounting $6.4 million, is for a project to secure multiple secondary power stations in Latin America. The second major order, for $2.5 million is for Perimeter intrusion detection system, CCTV and Access Control which will be supplied for a Western Government military installation within the next two years. The third major order, for $1.6 million, is an integrated security solution for a large electrical utility company in Canada. It includes fence mounted perimeter sensors (fiberoptic), smart gates, biometric based access control, door locks, IP CCTV with IR illumination and a video management system. The balance of the orders come from security integrators in Poland and Latin America; and include maintenance agreements as well as Magal's new generation of fence mounted sensors: Magal's long range fiber optic sensor and a copper based ranging sensor.

Magal Security Systems Ltd. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Reports Impairment Charge for the Fourth Quarter of 2014

Magal Security Systems Ltd. announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. Revenues for the fourth quarter of 2014 were $27.3 million, an increase of 110% compared with revenues of $13.0 million in the fourth quarter of 2013. Operating income in the fourth quarter was $1.7 million, or 6.3% of revenues, compared to an operating loss of $2.4 million in the fourth quarter of 2013. Excluding impairment of goodwill and other intangible assets, operating income for the fourth quarter was $4.1 million, or 15.2% of revenues. Net income in the fourth quarter was $2.9 million, or $0.18 per share, compared with a net loss of $2.4 million, or $0.15 per share, in the fourth quarter of 2013. Excluding the impairment charge, net income in the quarter was $5.3 million, or $0.33 per share. Income before income taxes was $2,610,000 against loss of $2,282,000 a year ago. Revenues for the year ended December 31, 2014 were $77.5 million, a 51% increase compared with $51.5 million in 2013. Operating income for the year ended December 31, 2014 was $1.4 million, or 1.8% of revenues, compared with an operating loss of $4.5 million in 2013. Excluding the impairment of goodwill and other intangible assets, operating income for 2014 was $3.9 million, or 5.0% of revenues, in 2014. Net income for the year ended December 31, 2014 was $3.4 million, or $0.21 per share, compared with a net loss of $4.5 million, or $0.28 per share, in 2013. Excluding the above-mentioned impairment charge, net income was $5.8 million, or $0.36 per share. Income before income taxes was $3,402,000 against loss of $4,460,000 a year ago. During the fourth quarter of 2014, Magal recorded a charge of $2.4 million for the impairment of goodwill and other intangible assets related to CyberSeal, which was acquired in 2013.

Magal Security Systems Ltd. to Report Q4, 2014 Results on Mar 26, 2015

Magal Security Systems Ltd. announced that they will report Q4, 2014 results at 5:00 PM, Israel Standard Time on Mar 26, 2015

 

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Industry Analysis

MAGS

Industry Average

Valuation MAGS Industry Range
Price/Earnings 23.5x
Price/Sales 1.0x
Price/Book 1.4x
Price/Cash Flow 23.4x
TEV/Sales 0.6x
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