Open Text Corporation Company Profile (NASDAQ:OTEX)

About Open Text Corporation (NASDAQ:OTEX)

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: Enterprise Software
  • Sub-Industry: N/A
  • Symbol: NASDAQ:OTEX
  • CUSIP: N/A
  • Web: www.opentext.com
Capitalization:
  • Market Cap: $8.89 billion
  • Outstanding Shares: 262,957,000
Average Prices:
  • 50 Day Moving Avg: $32.60
  • 200 Day Moving Avg: $32.74
  • 52 Week Range: $29.30 - $35.21
P/E:
  • Trailing P/E Ratio: 8.43
  • Foreward P/E Ratio: 12.42
  • P/E Growth: 0.88
Sales & Book Value:
  • Annual Revenue: $2.29 billion
  • Price / Sales: 3.88
  • Book Value: $13.43 per share
  • Price / Book: 2.52
Dividend:
  • Annual Dividend: $0.53
  • Dividend Yield: 1.6%
Profitability:
  • EBITDA: $631.71 million
  • Net Margins: 44.77%
  • Return on Equity: 8.92%
  • Return on Assets: 4.29%
Debt:
  • Debt-to-Equity Ratio: 0.68%
  • Current Ratio: 0.89%
  • Quick Ratio: 0.89%
Misc:
  • Average Volume: 469,348 shs.
  • Beta: 0.47
  • Short Ratio: 4.23
 

Frequently Asked Questions for Open Text Corporation (NASDAQ:OTEX)

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, August 4th. Stockholders of record on Friday, September 1st will be given a dividend of $0.132 per share on Friday, September 22nd. This represents a $0.53 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date of this dividend is Wednesday, August 30th. View Open Text Corporation's Dividend History.

How were Open Text Corporation's earnings last quarter?

Open Text Corporation (NASDAQ:OTEX) announced its quarterly earnings data on Thursday, August, 3rd. The company reported $0.17 EPS for the quarter, missing the consensus estimate of $0.24 by $0.07. The company had revenue of $663.60 million for the quarter, compared to analysts' expectations of $662.36 million. Open Text Corporation had a net margin of 44.77% and a return on equity of 8.92%. The business's revenue for the quarter was up 37.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.45 earnings per share. View Open Text Corporation's Earnings History.

When will Open Text Corporation make its next earnings announcement?

Open Text Corporation is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Open Text Corporation.

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

8 brokers have issued 12 month price targets for Open Text Corporation's shares. Their forecasts range from $35.00 to $52.00. On average, they expect Open Text Corporation's share price to reach $42.29 in the next year. View Analyst Ratings for Open Text Corporation.

Who are some of Open Text Corporation's key competitors?

Who are Open Text Corporation's key executives?

Open Text Corporation's management team includes the folowing people:

  • Paul Thomas Jenkins, Chairman of the Board
  • Mark J. Barrenechea, Chief Executive Officer, Chief Technology Officer, Director
  • John Marshall Doolittle, Chief Financial Officer
  • Muhi S. Majzoub, Executive Vice President - Engineering
  • Aditya Maheshwari, Senior Vice President, Chief Accounting Officer
  • Gary Weiss, Senior Vice President, General Manager - Discovery and Analytics
  • Prentiss Donohue, Senior Vice President - Professional Services
  • Simon Harrison, Senior Vice President - Enterprise Sales
  • James McGourlay, Senior Vice President - Global Technical Services
  • Douglas M. Parker, Senior Vice President - Corporate Development

Who owns Open Text Corporation stock?

Open Text Corporation's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include APG Asset Management N.V. (0.09%), DORCHESTER WEALTH MANAGEMENT Co (0.05%), Shell Asset Management Co. (0.02%), Verde Servicos Internacionais S.A. (0.02%), Eqis Capital Management Inc. (0.01%) and Honkamp Krueger Financial Services Inc. (0.01%). View Institutional Ownership Trends for Open Text Corporation.

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 APG Asset Management N.V., Assenagon Asset Management S.A., Honkamp Krueger Financial Services Inc. and Verde Servicos Internacionais S.A.. View Insider Buying and Selling for Open Text Corporation.

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 Shell Asset Management Co., DORCHESTER WEALTH MANAGEMENT Co and Eqis Capital Management Inc.. View Insider Buying and Selling for Open Text Corporation.

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.

What is Open Text Corporation's stock price today?

One share of Open Text Corporation stock can currently be purchased for approximately $33.79.


MarketBeat Community Rating for Open Text Corporation (NASDAQ OTEX)
Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  297 (Vote Outperform)
Underperform Votes:  250 (Vote Underperform)
Total Votes:  547
MarketBeat's community ratings are surveys of what our community members think about Open Text Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Open Text Corporation (NASDAQ:OTEX) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.88)
Consensus Price Target: $42.29 (25.14% upside)
Consensus Price Target History for Open Text Corporation (NASDAQ:OTEX)
Price Target History for Open Text Corporation (NASDAQ:OTEX)
Analysts' Ratings History for Open Text Corporation (NASDAQ:OTEX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/4/2017Barclays PLCBoost Price TargetOverweight$41.00 -> $43.00LowView Rating Details
8/4/2017BMO Capital MarketsReiterated RatingOutperform$40.00MediumView Rating Details
8/4/2017ScotiabankReiterated RatingOutperform$41.00 -> $50.00MediumView Rating Details
7/12/2017Royal Bank Of CanadaReiterated RatingBuy$40.00HighView Rating Details
7/5/2017Beacon SecuritiesUpgradeHold -> BuyLowView Rating Details
5/9/2017Citigroup Inc.Lower Price TargetNeutral$36.00 -> $35.00LowView Rating Details
5/2/2017TD SecuritiesReiterated RatingBuy$52.00LowView Rating Details
1/24/2017Mitsubishi UFJ Financial GroupReiterated RatingOverweight$36.00N/AView Rating Details
9/26/2016National Bank FinancialReiterated RatingOutperform OverweightN/AView Rating Details
9/12/2016Dundee SecuritiesUpgradeNeutral -> BuyN/AView Rating Details
7/28/2016Benchmark Co.Boost Price TargetBuy$32.50 -> $37.50N/AView Rating Details
5/25/2016CIBCUpgradeSector Perform -> OutperformN/AView Rating Details
5/13/2016Credit Suisse GroupReiterated RatingHold$24.50N/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Open Text Corporation (NASDAQ:OTEX)
Earnings by Quarter for Open Text Corporation (NASDAQ:OTEX)
Earnings History by Quarter for Open Text Corporation (NASDAQ OTEX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017$0.54N/AView Earnings Details
8/3/20176/30/2017$0.24$0.17$662.36 million$663.60 millionViewListenView Earnings Details
5/8/20173/31/2017$0.24$0.08$601.84 million$593.13 millionViewListenView Earnings Details
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)
2017 EPS Consensus Estimate: $1.45
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
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$0.24$0.43$0.34
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Open Text Corporation (NASDAQ:OTEX)
Most Recent Dividend:9/22/2017
Annual Dividend:$0.53
Dividend Yield:1.57%
Payout Ratio:12.74% (Trailing 12 Months of Earnings)
21.37% (Based on This Year's Estimates)
19.49% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Open Text Corporation (NASDAQ:OTEX)

Dividend History by Quarter for Open Text Corporation (NASDAQ OTEX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/4/2017quarterly$0.131.53%8/30/20179/1/20179/22/2017
5/9/2017Quarterly$0.131.61%5/24/20175/26/20176/16/2017
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

Headline Trends for Open Text Corporation (NASDAQ:OTEX)
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Chart

Open Text Corporation (OTEX) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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