NASDAQ:OTEX - Open Text Stock Price, News, & Analysis

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$37.98 -0.01 (-0.03 %)
(As of 09/26/2018 04:46 AM ET)
Previous Close$37.99
Today's Range$37.94 - $38.23
52-Week Range$31.21 - $40.31
Volume300,300 shs
Average Volume533,358 shs
Market Capitalization$10.22 billion
P/E Ratio41.74
Dividend Yield1.59%
Beta0.29
Open Text logoOpen Text Corporation provides a suite of software products and services. The company offers content services; digital process automation, which enables organizations to transform into digital and data-driven businesses through automation; and discovery suite that provides forensics and unstructured data analytics for searching, collecting, and investigating enterprise data to manage legal obligations and risk. It also provides business network solutions comprising business-to-business integration services, such as secure mail, large file transfer, fax, and electronic data interchange within a single platform; analytics solutions; and forensic security and automated cyber risk management software service. In addition, the company provides customer support programs that include access to software upgrades, a knowledge base, discussions, product information, and an online mechanism to post and review trouble tickets. Further, it offers professional services, such as consulting and learning services relating for the implementation, training, and integration of its licensed product offerings into the customers' systems; and cloud services that allow its customers to make use of its OpenText software, services, and content over Internet enabled networks. The company serves organizations, mid-market companies, and government agencies worldwide. It has strategic partnerships with SAP SE, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, Accenture plc, Deloitte Consulting LLP, and others. Open Text Corporation was founded in 1991 and is headquartered in Waterloo, Canada.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Computer integrated systems design
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:OTEX
CUSIPN/A
Phone519-888-7111

Debt

Debt-to-Equity Ratio0.70
Current Ratio1.33
Quick Ratio1.33

Price-To-Earnings

Trailing P/E Ratio41.74
Forward P/E Ratio51.32
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.82 billion
Price / Sales3.61
Cash Flow$2.6320 per share
Price / Cash14.43
Book Value$13.89 per share
Price / Book2.73

Profitability

EPS (Most Recent Fiscal Year)$0.91
Net Income$242.22 million
Net Margins8.60%
Return on Equity8.09%
Return on Assets3.81%

Miscellaneous

Employees10,900
Outstanding Shares267,850,000
Market Cap$10.22 billion

Open Text (NASDAQ:OTEX) Frequently Asked Questions

What is Open Text's stock symbol?

Open Text trades on the NASDAQ under the ticker symbol "OTEX."

How often does Open Text pay dividends? What is the dividend yield for Open Text?

Open Text declared a quarterly dividend on Friday, August 3rd. Shareholders of record on Friday, August 31st will be paid a dividend of $0.1518 per share on Friday, September 21st. This represents a $0.61 annualized dividend and a yield of 1.60%. The ex-dividend date of this dividend is Thursday, August 30th. View Open Text's Dividend History.

How were Open Text's earnings last quarter?

Open Text Corp (NASDAQ:OTEX) announced its quarterly earnings results on Thursday, August, 2nd. The software maker reported $0.72 earnings per share for the quarter, topping analysts' consensus estimates of $0.68 by $0.04. The software maker earned $754.30 million during the quarter, compared to the consensus estimate of $732.02 million. Open Text had a net margin of 8.60% and a return on equity of 8.09%. The company's revenue for the quarter was up 13.7% compared to the same quarter last year. During the same period last year, the business earned $0.60 earnings per share. View Open Text's Earnings History.

When is Open Text's next earnings date?

Open Text is scheduled to release their next quarterly earnings announcement on Thursday, November, 1st 2018. View Earnings Estimates for Open Text.

What price target have analysts set for OTEX?

9 analysts have issued 12-month price targets for Open Text's shares. Their predictions range from $40.00 to $50.00. On average, they anticipate Open Text's share price to reach $44.60 in the next twelve months. This suggests a possible upside of 17.4% from the stock's current price. View Analyst Price Targets for Open Text.

What is the consensus analysts' recommendation for Open Text?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Open Text in the last year. There are currently 1 sell rating and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Open Text.

Who are some of Open Text's key competitors?

Who are Open Text's key executives?

Open Text's management team includes the folowing people:
  • Mr. Mark J. Barrenechea, Vice Chairman, CEO & CTO (Age 53)
  • Ms. Madhu Ranganathan CPA, M.B.A., Exec. VP & CFO (Age 53)
  • Mr. Gordon Allan Davies, Exec. VP, Chief Legal & Corp. Devel. Officer, Chief Compliance Officer & Sec. (Age 56)
  • Mr. Simon David Harrison, Exec. VP of Worldwide Sales (Age 48)
  • Mr. Muhi S. Majzoub, Exec. VP of Engineering & Cloud Services (Age 58)

Who are Open Text's major shareholders?

Open Text's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Beutel Goodman & Co Ltd. (3.83%), Blue Harbour Group L.P. (3.68%), Disciplined Growth Investors Inc. MN (2.03%), Great West Life Assurance Co. Can (1.84%), TD Asset Management Inc. (1.34%) and CIBC World Markets Inc. (1.24%).

Which institutional investors are selling Open Text stock?

OTEX stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Connor Clark & Lunn Investment Management Ltd., Thompson Siegel & Walmsley LLC, Russell Investments Group Ltd., CIBC World Markets Inc., Beutel Goodman & Co Ltd., Millennium Management LLC and Greystone Managed Investments Inc..

Which institutional investors are buying Open Text stock?

OTEX stock was purchased by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, Unigestion Holding SA, CDAM UK Ltd, Addenda Capital Inc., First Trust Advisors LP, Great West Life Assurance Co. Can, BlackRock Inc. and JCIC Asset Management Inc..

How do I buy shares of Open Text?

Shares of OTEX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Open Text's stock price today?

One share of OTEX stock can currently be purchased for approximately $37.98.

How big of a company is Open Text?

Open Text has a market capitalization of $10.22 billion and generates $2.82 billion in revenue each year. The software maker earns $242.22 million in net income (profit) each year or $0.91 on an earnings per share basis. Open Text employs 10,900 workers across the globe.

What is Open Text's official website?

The official website for Open Text is http://www.opentext.com.

How can I contact Open Text?

Open Text's mailing address is 275 FRANK TOMPA DRIVE, WATERLOO A6, N2L 0A1. The software maker can be reached via phone at 519-888-7111 or via email at [email protected]


MarketBeat Community Rating for Open Text (NASDAQ OTEX)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  388 (Vote Outperform)
Underperform Votes:  368 (Vote Underperform)
Total Votes:  756
MarketBeat's community ratings are surveys of what our community members think about Open Text and other stocks. Vote "Outperform" if you believe OTEX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe OTEX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/26/2018 by MarketBeat.com Staff

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