NASDAQ:OTEX - Open Text Stock Price, Price Target & More

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$38.07 +0.15 (+0.40 %)
(As of 07/17/2018 08:40 AM ET)
Previous Close$37.92
Today's Range$37.75 - $38.23
52-Week Range$31.00 - $40.31
Volume315,775 shs
Average Volume417,105 shs
Market Capitalization$10.14 billion
P/E Ratio9.49
Dividend Yield1.60%
Beta0.28
Open Text logoOpen Text Corporation provides a suite of software products and services that assist organizations in finding, utilizing, and sharing business information from various devices. The company offers content solutions that provide content and records management, archiving, and email management and capture solutions, as well as Core, a software as a service based multi-tenant cloud solution; business process management for analyzing, automating, monitoring, and optimizing structured business processes; and customer experience management products, which offer Web content management, digital asset management, customer communications management, social software, and portal. Its products also include business network solutions comprising business-to-business integration, fax solutions, and secure messaging; analytics solutions, including embedded reporting and visualization, and big data analysis; and discovery solutions consisting of search, semantic navigation, and auto classification, as well as InfoFusion to deal with the issue of ?information silos' resulting from disconnected information sources across the enterprise. 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 product offerings into the customer's 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, 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 Ratio0.65
Current Ratio0.98
Quick Ratio0.98

Price-To-Earnings

Trailing P/E Ratio9.49
Forward P/E Ratio41.38
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.29 billion
Price / Sales4.45
Cash Flow$5.2583 per share
Price / Cash7.24
Book Value$13.39 per share
Price / Book2.84

Profitability

EPS (Most Recent Fiscal Year)$4.01
Net Income$1.03 billion
Net Margins8.32%
Return on Equity7.76%
Return on Assets3.64%

Miscellaneous

Employees10,900
Outstanding Shares267,520,000
Market Cap$10,144.40

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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 announced a quarterly dividend on Thursday, May 10th. Stockholders of record on Friday, June 8th will be given a dividend of $0.1518 per share on Friday, June 29th. This represents a $0.61 dividend on an annualized basis and a dividend yield of 1.59%. The ex-dividend date is Thursday, June 7th. This is a positive change from Open Text's previous quarterly dividend of $0.13. View Open Text's Dividend History.

How were Open Text's earnings last quarter?

Open Text Corp (NASDAQ:OTEX) released its quarterly earnings results on Wednesday, May, 9th. The software maker reported $0.54 earnings per share for the quarter, missing the consensus estimate of $0.62 by $0.08. The software maker earned $685.88 million during the quarter, compared to analysts' expectations of $691.74 million. Open Text had a return on equity of 7.76% and a net margin of 8.32%. The firm's revenue for the quarter was up 15.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.45 EPS. 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, August, 2nd 2018. View Earnings Estimates for Open Text.

What price target have analysts set for OTEX?

9 brokerages have issued 12-month price objectives for Open Text's shares. Their predictions range from $40.00 to $51.00. On average, they anticipate Open Text's share price to reach $44.8889 in the next twelve months. This suggests a possible upside of 17.9% from the stock's current price. View Analyst Ratings 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."

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)
  • Mr. Gordon Allan Davies, Exec. VP, Chief Legal & Corp. Devel. Officer, Chief Compliance Officer & Sec. (Age 56)
  • Mr. Muhi S. Majzoub, Exec. VP of Engineering & IT (Age 58)
  • Mr. George Schulze, Sr. VP of Bus. Network Sales (Age 62)
  • Ms. Madhu Ranganathan CPA, M.B.A., Exec. VP & CFO (Age 53)

Has Open Text been receiving favorable news coverage?

News articles about OTEX stock have been trending somewhat positive on Tuesday, according to Accern. Accern ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Open Text earned a coverage optimism score of 0.12 on Accern's scale. They also assigned news stories about the software maker an impact score of 44.96 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next few days.

Who are Open Text's major shareholders?

Open Text's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Addenda Capital Inc. (0.32%), NN Investment Partners Holdings N.V. (0.16%), Addenda Capital Inc. (0.16%) and Verde Servicos Internacionais S.A. (0.02%). View Institutional Ownership Trends for Open Text.

Which major investors are selling Open Text stock?

OTEX stock was sold by a variety of institutional investors in the last quarter, including Addenda Capital Inc. and Verde Servicos Internacionais S.A.. View Insider Buying and Selling for Open Text.

Which major investors are buying Open Text stock?

OTEX stock was purchased by a variety of institutional investors in the last quarter, including Addenda Capital Inc. and NN Investment Partners Holdings N.V.. View Insider Buying and Selling for Open Text.

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 $38.07.

How big of a company is Open Text?

Open Text has a market capitalization of $10.14 billion and generates $2.29 billion in revenue each year. The software maker earns $1.03 billion in net income (profit) each year or $4.01 on an earnings per share basis. Open Text employs 10,900 workers across the globe.

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:  367 (Vote Outperform)
Underperform Votes:  346 (Vote Underperform)
Total Votes:  713
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 7/17/2018 by MarketBeat.com Staff

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