Open Text Corporation Company Profile (NASDAQ:OTEX)

About Open Text Corporation

Open Text Corporation logoOpen Text Corporation provides a platform and suite of software products and services that assist organizations in finding, utilizing, and sharing business information from any device. The Company designs, develops, markets and sells Enterprise Information Management (EIM) software and solutions. Its EIM offerings include Enterprise Content Management (ECM), Business Process Management (BPM), Customer Experience Management (CEM), Business Network, Discovery and Analytics. Its software and services allow organizations to manage the information that flows into, out of, and throughout the enterprise as part of daily operations. Its solutions incorporate collaborative and mobile technologies and are delivered for on-premises deployment, as well as through cloud, hybrid and managed hosted services models. In addition, the Company provides solutions that facilitate the exchange of information and transactions that occur between supply chain participants.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Application Software
  • Sub-Industry: N/A
  • Exchange: NASDAQ
  • Symbol: OTEX
  • CUSIP:
Key Metrics:
  • Previous Close: $33.76
  • 50 Day Moving Average: $33.06
  • 200 Day Moving Average: $31.83
  • 52-Week Range: $262,083,000.00 - $23.91
  • Trailing P/E Ratio: 7.37
  • Foreward P/E Ratio: 13.39
  • P/E Growth: 1.21
  • Market Cap: $8.77B
  • Outstanding Shares: 262,083,000
  • Beta: 0.83
Profitability:
  • Net Margins: 56.84%
  • Return on Equity: 16.61%
  • Return on Assets: 7.56%
Debt:
  • Debt-to-Equity Ratio: 0.68%
  • Current Ratio: 3.29%
  • Quick Ratio: 3.29%
Additional Links:
Companies Related to Open Text Corporation:

Analyst Ratings

Consensus Ratings for Open Text Corporation (NASDAQ:OTEX) (?)
Ratings Breakdown: 2 Hold Ratings, 10 Buy Ratings
Consensus Rating:Buy (Score: 2.83)
Consensus Price Target: $70.55 (110.71% upside)

Analysts' Ratings History for Open Text Corporation (NASDAQ:OTEX)
Show:
DateFirmActionRatingPrice TargetDetails
2/16/2017Citigroup Inc.Initiated CoverageNeutral$36.00View Rating Details
1/24/2017Mitsubishi UFJ Financial GroupReiterated RatingOverweight$72.00View Rating Details
1/24/2017Barclays PLCInitiated CoverageOverweight$76.00View Rating Details
12/15/2016TD SecuritiesReiterated RatingBuy$72.00View Rating Details
12/7/2016RBC Capital MarketsReiterated RatingOutperform$91.00View Rating Details
11/6/2016ScotiabankReiterated RatingOutperform$73.00 -> $72.00View Rating Details
11/4/2016BMO Capital MarketsReiterated RatingBuy$73.00View Rating Details
9/26/2016National Bank FinancialReiterated RatingOutperform OverweightView Rating Details
9/12/2016Dundee SecuritiesUpgradeNeutral -> BuyView Rating Details
7/28/2016Benchmark Co.Boost Price TargetBuy$65.00 -> $75.00View Rating Details
6/21/2016Royal Bank of CanadaBoost Price TargetOutperform$60.00 -> $70.00View Rating Details
5/25/2016CIBCUpgradeSector Perform -> OutperformView Rating Details
5/13/2016Credit Suisse GroupReiterated RatingHold$49.00View Rating Details
5/21/2015Susquehanna Bancshares IncLower Price TargetNeutral$48.00 -> $44.00View Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for Open Text Corporation (NASDAQ:OTEX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/27/2016        
2/2/2017Q217$0.52$0.54$532.93 million$542.70 millionViewListenView Earnings Details
11/3/2016Q117$0.87$0.86$495.82 million$491.70 millionViewN/AView Earnings Details
7/27/2016Q416$0.94$0.89$482.67 million$484.00 millionViewListenView Earnings Details
4/27/2016Q316$0.84$0.80$450.80 million$440.50 millionViewListenView Earnings Details
2/9/2016Q216$0.90$1.01$462.53 million$465.30 millionViewN/AView Earnings Details
10/28/2015Q116$0.78$0.84$454.41 million$434.50 millionViewListenView Earnings Details
7/29/2015Q415$0.69$0.87$447.78 million$482.70 millionViewListenView Earnings Details
4/28/2015Q315$0.89$0.66$477.53 million$383.60 millionViewN/AView Earnings Details
1/27/2015Q215$0.96$0.97$486.46 million$467.80 millionViewN/AView Earnings Details
10/22/2014Q115$0.86$0.97$457.60 million$453.80 millionViewListenView Earnings Details
7/30/2014Q414$0.94$1.05$480.52 million$494.00 millionViewN/AView Earnings Details
4/24/2014Q314$0.80$0.84$447.27 million$442.80 millionViewN/AView Earnings Details
1/22/2014Q214$1.51$1.58$352.70 million$363.50 millionViewN/AView Earnings Details
10/30/2013Q114$1.30$1.37$334.51 million$324.50 millionViewN/AView Earnings Details
7/31/2013Q413$1.42$1.43$361.05 million$347.30 millionViewN/AView Earnings Details
4/24/2013Q313$1.30$1.26$345.68 million$337.70 millionViewN/AView Earnings Details
1/24/2013Q213$1.37$1.58$321.50 million$352.20 millionViewN/AView Earnings Details
10/31/2012$1.17$1.31ViewN/AView Earnings Details
8/9/2012$1.16$1.17ViewN/AView Earnings Details
2/1/2012$1.22$1.39ViewN/AView Earnings Details
10/26/2011$0.93$1.01ViewN/AView Earnings Details
4/27/2011$0.97$0.90ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Open Text Corporation (NASDAQ:OTEX)
Current Year EPS Consensus Estimate: $2.07 EPS
Next Year EPS Consensus Estimate: $2.50 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q4 20161$0.92$0.92$0.92
Q1 20171$0.52$0.52$0.52
Q2 20172$0.28$0.31$0.30
Q3 20172$0.29$0.30$0.30
Q4 20172$0.39$0.43$0.41
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Open Text Corporation (NASDAQ:OTEX)
Annual Dividend:$0.46
Dividend Yield:1.37%
Payout Ratio:10.11% (Based on Trailing 12 Months of Earnings)
22.22% (Based on Current Year Consensus EPS Estimate)
18.40% (Based on Next Year Consensus EPS Estimate)

Dividend History for Open Text Corporation (NASDAQ:OTEX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/3/2017Quarterly$0.123/1/20173/3/20173/23/2017
2/3/2017quarterly$0.121.38%3/1/20173/3/20173/28/2017
11/9/2016quarterly$0.231.48%11/30/201612/2/201612/22/2016
7/28/2016quarterly$0.231.55%8/24/20168/26/20169/16/2016
4/28/2016quarterly$0.231.64%5/25/20165/27/20166/17/2016
2/11/2016quarterly$0.201.71%3/8/20163/10/20163/31/2016
10/30/2015quarterly$0.201.72%11/24/201511/27/201512/18/2015
7/31/2015quarterly$0.201.76%8/26/20158/28/20159/18/2015
4/30/2015quarterly$0.201.58%5/27/20155/29/20156/19/2015
1/29/2015quarterly$0.171.24%2/24/20152/26/20153/19/2015
10/22/2014quarterly$0.171.3%11/19/201411/21/201412/12/2014
7/30/2014quarterly$0.171.26%8/27/20148/29/20149/19/2014
4/24/2014quarterly$0.171.41%5/21/20145/23/20146/13/2014
1/24/2014quarterly$0.150.6%2/21/20142/25/20143/14/2014
10/30/2013$0.2911/26/201311/29/201312/20/2013
10/31/2013quarterly$0.301.64%11/27/201311/29/201312/20/2013
7/31/2013quarterly$0.301.81%8/28/20138/30/20139/20/2013
4/25/2013special$0.295/29/20135/31/20136/21/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Open Text Corporation (NASDAQ:OTEX)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Open Text Corporation (NASDAQ:OTEX)
DateHeadline
News IconSell-side is Weighing in on Open Text Corporation (NASDAQ:OTEX) Earnings - Aiken Advocate (NASDAQ:OTEX)
aikenadvocate.com - February 23 at 7:09 PM
News IconMarket Update: Watching Shares of Open Text Corp (OTEX) - Baldwin Journal (NASDAQ:OTEX)
baldwinjournal.com - February 23 at 7:09 PM
biz.yahoo.com logoOPEN TEXT CORP Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financial Obligat (NASDAQ:OTEX)
biz.yahoo.com - February 22 at 7:12 PM
finance.yahoo.com logoOpenText Named a Leader in Gartner's 2017 Magic Quadrant for Customer Communications Management Software (NASDAQ:OTEX)
finance.yahoo.com - February 22 at 9:09 AM
News IconDividend Growth of Open Text Corporation(OTEX) - Morning Outlook (NASDAQ:OTEX)
www.morningoutlook.com - February 18 at 6:13 PM
News IconAnalysts Take the Wheel on Open Text Corporation (NASDAQ:OTEX ... - Aiken Advocate (NASDAQ:OTEX)
aikenadvocate.com - February 16 at 11:41 PM
News IconOpen Text Corporation (USA) (OTEX) is Initiated by Citigroup to “Neutral” - Highland Mirror (NASDAQ:OTEX)
www.highlandmirror.com - February 16 at 6:39 PM
finance.yahoo.com logoCoverage initiated on Open Text by Citigroup (NASDAQ:OTEX)
finance.yahoo.com - February 16 at 6:39 PM
finance.yahoo.com logoB. Braun Drives Digital Transformation with OpenText (NASDAQ:OTEX)
finance.yahoo.com - February 14 at 10:53 PM
News IconInvestor View: Looking at Shares of Open Text Corporation (NASDAQ:OTEX) - Midway Monitor (NASDAQ:OTEX)
midwaymonitor.com - February 13 at 9:11 PM
seekingalpha.com logoSkip The Cloud Computing ETF And Buy This Stock Instead (NASDAQ:OTEX)
seekingalpha.com - February 13 at 9:29 AM
realistinvestor.com logoOpen Text Corporation (NASDAQ:OTEX) Is Expected To Post EPS ... - RealistInvestor.com (NASDAQ:OTEX)
www.realistinvestor.com - February 12 at 12:12 AM
finance.yahoo.com logoOpenText Tops B2B Integration Managed Services Providers in New Analyst Report (NASDAQ:OTEX)
finance.yahoo.com - February 9 at 8:14 PM
capitalcube.com logoOpen Text Corp. :OTEX-US: Earnings Analysis: Q2, 2017 By the Numbers : February 8, 2017 (NASDAQ:OTEX)
www.capitalcube.com - February 8 at 8:02 PM
finance.yahoo.com logoOPEN TEXT CORP Financials (NASDAQ:OTEX)
finance.yahoo.com - February 8 at 8:02 PM
finance.yahoo.com logoBernalillo County Chooses OpenText to Automate and Digitize Accounts Payable (NASDAQ:OTEX)
finance.yahoo.com - February 7 at 9:07 AM
finance.yahoo.com logoWhy Open Text (OTEX) Could Be Positioned for a Surge? (NASDAQ:OTEX)
finance.yahoo.com - February 6 at 9:17 AM
News IconNews Impact Score Of Open Text Corporation (NASDAQ:OTEX) At 32 - Stock Observer (NASDAQ:OTEX)
www.thestockobserver.com - February 4 at 12:55 AM
seekingalpha.com logoOpen Text (OTEX) Q2 2017 Results - Earnings Call Transcript (NASDAQ:OTEX)
seekingalpha.com - February 3 at 7:54 PM
nasdaq.com logoEarnings Reaction History: Open Text Corporation, 80.0% Follow-Through Indicator, 7.5% Sensitive (NASDAQ:OTEX)
www.nasdaq.com - February 2 at 8:02 PM
us.rd.yahoo.com logoOpenText Reports Second Quarter Fiscal Year 2017 Financial Results (NASDAQ:OTEX)
us.rd.yahoo.com - February 2 at 8:02 PM
sg.finance.yahoo.com logoOpen Text beats 2Q profit forecasts (NASDAQ:OTEX)
sg.finance.yahoo.com - February 2 at 8:02 PM
fool.com logoOpenText Starts 2017 Strong (NASDAQ:OTEX)
www.fool.com - February 2 at 8:02 PM
finance.yahoo.com logo5 Profitable Stocks Potent Enough to Boost Your Returns (NASDAQ:OTEX)
finance.yahoo.com - January 30 at 8:41 AM
News IconOpen Text Corporation (NASDAQ:OTEX) Quarterly EPS Projection ... - Stock Observer (NASDAQ:OTEX)
www.thestockobserver.com - January 30 at 12:35 AM
capitalcube.com logoOpen Text Corp. : OTEX-US: Dividend Analysis : December 02nd, 2016 (record date) : By the numbers : January 27, 2017 (NASDAQ:OTEX)
www.capitalcube.com - January 28 at 5:32 AM
capitalcube.com logoOpen Text Corp. – Value Analysis (NASDAQ:OTEX) : January 27, 2017 (NASDAQ:OTEX)
www.capitalcube.com - January 28 at 5:32 AM
News IconOpen Text Corp's (OTC) Overweight Rating Reaffirmed at Barclays PLC (NASDAQ:OTEX)
vgtoday.net - January 27 at 5:25 AM
News IconTechnical Buzz on Open Text Corporation (NASDAQ:OTEX) - Gilbert Daily (NASDAQ:OTEX)
gilbertdaily.com - January 27 at 12:22 AM
News IconBack to the drawing board? Stock touches new low: Open Text Corporation (NASDAQ:OTEX) - Wall Street Beacon (NASDAQ:OTEX)
wsbeacon.com - January 27 at 12:22 AM
News IconOpen Text Corp (USA) (NASDAQ:OTEX) Stock "Strong Buy" Reiterated After Split - BNL Finance (press release) (registration) (blog) (NASDAQ:OTEX)
bnlfinance.com - January 27 at 12:22 AM
capitalcube.com logoOpen Text Corp. breached its 50 day moving average in a Bearish Manner : OTEX-US : January 26, 2017 (NASDAQ:OTEX)
www.capitalcube.com - January 27 at 12:22 AM
News IconOpen Text Corp (USA) 18.1% Potential Upside Now Implied by Barclays (NASDAQ:OTEX)
flapship.com - January 25 at 11:22 PM
biz.yahoo.com logoSplits Calendar: Open Text splits before market open today (2:1 ratio) (NASDAQ:OTEX)
biz.yahoo.com - January 25 at 11:22 PM
News IconStock Spotlight: Looking at the Levels for Open Text Corporation (NASDAQ:OTEX) - Gilbert Daily (NASDAQ:OTEX)
gilbertdaily.com - January 25 at 5:53 AM
247wallst.com logo4 Tech Analyst Upgrades Driving Shares Higher for Big Upside (NASDAQ:OTEX)
247wallst.com - January 25 at 12:51 AM
News IconEarnings in Full Force, Analysts Take Aim at Open Text Corporation (NASDAQ:OTEX) - Wall Street Beacon (NASDAQ:OTEX)
wsbeacon.com - January 24 at 7:50 PM
streetinsider.com logoOpenText (OTEX) Completes Acquisition of Documentum - StreetInsider.com (NASDAQ:OTEX)
www.streetinsider.com - January 24 at 7:50 PM
biz.yahoo.com logoOPEN TEXT CORP Files SEC form 8-K, Completion of Acquisition or Disposition of Assets (NASDAQ:OTEX)
biz.yahoo.com - January 23 at 7:25 PM
4-traders.com logoOpen Text : OpenText Buys Documentum (NASDAQ:OTEX)
www.4-traders.com - January 23 at 9:39 AM
finance.yahoo.com logoOpenText Buys Documentum (NASDAQ:OTEX)
finance.yahoo.com - January 23 at 9:39 AM
4-traders.com logoOpen Text : Western Cape Department of Transport & Public Works Improves Effectiveness of Critical Service Delivery with OpenText (NASDAQ:OTEX)
www.4-traders.com - January 19 at 11:43 PM
finance.yahoo.com logoWestern Cape Department of Transport & Public Works Improves Effectiveness of Critical Service Delivery with OpenText (NASDAQ:OTEX)
finance.yahoo.com - January 19 at 11:43 PM
News IconWill The Needle Move For Open Text Corporation (NASDAQ:OTEX) Shares This Earnings Season? - Wall Street Beacon (NASDAQ:OTEX)
wsbeacon.com - January 18 at 12:31 AM
News IconEPS Of Open Text Corporation (NASDAQ:OTEX) At $0.58 - Stock Observer (NASDAQ:OTEX)
www.thestockobserver.com - January 16 at 9:45 AM
News IconNews Impact Score Of Open Text Corporation (NASDAQ:OTEX) Set At 0 - Stock Observer (NASDAQ:OTEX)
www.thestockobserver.com - January 14 at 7:09 PM
finance.yahoo.com logoOpenText to Report Second Quarter Fiscal Year 2017 Financial Results on Thursday, February 2, 2017 (NASDAQ:OTEX)
finance.yahoo.com - January 10 at 7:56 PM
realistinvestor.com logoOpen Text Corporation (NASDAQ:OTEX) Is Expected To Post EPS Of $0.635 - RealistInvestor.com (NASDAQ:OTEX)
www.realistinvestor.com - January 8 at 6:48 PM
News IconOpen Text Corporation (NASDAQ:OTEX) News Impact Score At 52 - Stock Observer (NASDAQ:OTEX)
www.thestockobserver.com - January 7 at 5:51 AM
investornewswire.com logoSentiments And Ratings Alert: Open Text Corporation (NASDAQ:OTEX) - Investor Newswire (NASDAQ:OTEX)
www.investornewswire.com - January 5 at 2:38 AM

Social

What is Open Text Corporation's stock symbol?

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

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

Open Text Corporation declared a quarterly dividend on Friday, February 3rd. Investors of record on Friday, March 3rd will be paid a dividend of $0.115 per share on Thursday, March 23rd. This represents a $0.46 annualized dividend and a yield of 1.37%. The ex-dividend date is Wednesday, March 1st.

Where is Open Text Corporation's stock going? Where will Open Text Corporation's stock price be in 2017?

12 brokerages have issued twelve-month price targets for Open Text Corporation's shares. Their predictions range from $36.00 to $91.00. On average, they expect Open Text Corporation's share price to reach $70.55 in the next twelve months.

When will Open Text Corporation announce their earnings?

Open Text Corporation is scheduled to release their next quarterly earnings announcement on Wednesday, July, 27th 2016.

Who owns Open Text Corporation stock?

Open Text Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Jarislowsky Fraser Ltd (3.32%), FMR LLC (2.60%), New South Capital Management Inc. (1.42%), Disciplined Growth Investors Inc. MN (1.17%), Guardian Capital LP (1.05%) and Fiera Capital Corp (0.52%).

Who sold Open Text Corporation stock? Who is selling Open Text Corporation stock?

Open Text Corporation's stock was sold by a variety of institutional investors in the last quarter, including Franklin Resources Inc., I.G. Investment Management LTD., Two Sigma Investments LP, Fiera Capital Corp, New South Capital Management Inc., GSA Capital Partners LLP, Renaissance Technologies LLC and Public Sector Pension Investment Board.

Who bought Open Text Corporation stock? Who is buying Open Text Corporation stock?

Open Text Corporation's stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Russell Investments Group Ltd., Guardian Capital LP, Intact Investment Management Inc., AQR Capital Management LLC, Barometer Capital Management Inc., Scotia Capital Inc. and Disciplined Growth Investors Inc. MN.

How do I buy Open Text Corporation stock?

Shares of Open Text Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Open Text Corporation stock cost?

One share of Open Text Corporation stock can currently be purchased for approximately $33.48.

Open Text Corporation (NASDAQ:OTEX) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Open Text Corporation (NASDAQ:OTEX)

Earnings History Chart

Earnings by Quarter for Open Text Corporation (NASDAQ:OTEX)

Dividend History Chart

Dividend Payments by Quarter for Open Text Corporation (NASDAQ:OTEX)

Last Updated on 2/26/2017 by MarketBeat.com Staff