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

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$35.29 +0.48 (+1.38 %)
(As of 01/18/2019 04:00 PM ET)
Previous Close$35.29
Today's Range$34.91 - $35.35
52-Week Range$30.99 - $40.31
Volume359,587 shs
Average Volume372,550 shs
Market Capitalization$9.35 billion
P/E Ratio38.78
Dividend Yield1.74%
Beta0.42
Open 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

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.82 billion
Cash Flow$2.6816 per share
Book Value$13.89 per share

Profitability

Net Income$242.22 million

Miscellaneous

Employees12,200
Market Cap$9.35 billion
OptionableOptionable

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 Thursday, November 1st. Stockholders of record on Friday, November 30th will be paid a dividend of $0.1518 per share on Thursday, December 20th. This represents a $0.61 annualized dividend and a dividend yield of 1.72%. The ex-dividend date of this dividend is Thursday, November 29th. View Open Text's Dividend History.

How were Open Text's earnings last quarter?

Open Text Corp (NASDAQ:OTEX) released its earnings results on Wednesday, October, 31st. The software maker reported $0.60 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.59 by $0.01. The software maker earned $667.20 million during the quarter, compared to analysts' expectations of $692.53 million. Open Text had a return on equity of 7.99% and a net margin of 8.51%. The company's revenue was up 4.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.54 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, January 31st 2019. View Earnings Estimates for Open Text.

What price target have analysts set for OTEX?

8 Wall Street analysts have issued 1 year target prices for Open Text's shares. Their predictions range from $40.00 to $50.00. On average, they expect Open Text's share price to reach $45.6667 in the next twelve months. This suggests a possible upside of 29.4% from the stock's current price. View Analyst Price Targets for Open Text.

What is the consensus analysts' recommendation for Open Text?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Open Text in the last year. There are currently 1 hold rating and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Open Text.

Has Open Text been receiving favorable news coverage?

News stories about OTEX stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Open Text earned a daily sentiment score of 0.9 on InfoTrie's scale. They also assigned news stories about the software maker a news buzz of 2.0 out of 10, meaning that recent media coverage is very unlikely to have an effect on the company's share price in the near future.

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 54)
  • Ms. Madhu Ranganathan CPA, M.B.A., Exec. VP & CFO (Age 54)
  • Mr. Gordon Allan Davies, Exec. VP, Chief Legal & Corp. Devel. Officer, Chief Compliance Officer & Sec. (Age 57)
  • Mr. Simon David Harrison, Exec. VP of Worldwide Sales (Age 49)
  • Mr. Muhi S. Majzoub, Exec. VP of Engineering & Cloud Services (Age 59)

Who are Open Text's major shareholders?

Open Text's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Addenda Capital Inc. (0.15%), DORCHESTER WEALTH MANAGEMENT Co (0.06%), Nexus Investment Management Inc. (0.03%), Tealwood Asset Management Inc. (0.03%), Boston Advisors LLC (0.01%) and Quadrant Capital Group LLC (0.00%).

Which institutional investors are selling Open Text stock?

OTEX stock was sold by a variety of institutional investors in the last quarter, including Addenda Capital Inc., Boston Advisors LLC, Tealwood Asset Management Inc. and Nexus Investment Management Inc..

Which institutional investors are buying Open Text stock?

OTEX stock was bought by a variety of institutional investors in the last quarter, including DORCHESTER WEALTH MANAGEMENT Co, Quadrant Capital Group LLC and Dubuque Bank & Trust Co..

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 $35.29.

How big of a company is Open Text?

Open Text has a market capitalization of $9.35 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 12,200 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:  405 (Vote Outperform)
Underperform Votes:  381 (Vote Underperform)
Total Votes:  786
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 1/19/2019 by MarketBeat.com Staff

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