Open Text Corp Company Profile (NASDAQ:OTEX)

About Open Text Corp (NASDAQ:OTEX)

Open Text Corp 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
  • Symbol: NASDAQ:OTEX
  • CUSIP: N/A
  • Web: www.opentext.com
Capitalization:
  • Market Cap: $8.55 billion
  • Outstanding Shares: 262,753,000
Average Prices:
  • 50 Day Moving Avg: $33.45
  • 200 Day Moving Avg: $32.66
  • 52 Week Range: $28.30 - $35.21
P/E:
  • Trailing P/E Ratio: 7.64
  • Foreward P/E Ratio: 13.40
  • P/E Growth: 1.14
Sales & Book Value:
  • Annual Revenue: $2.11 billion
  • Price / Sales: 4.05
  • Book Value: $13.33 per share
  • Price / Book: 2.44
Dividend:
  • Annual Dividend: $0.46
  • Dividend Yield: 1.6%
Profitability:
  • EBIDTA: $594.15 million
  • 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%
Misc:
  • Average Volume: 544,033 shs.
  • Beta: 0.83
  • Short Ratio: 11.16
 

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

What is Open Text Corp's stock symbol?

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

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

Open Text Corp announced a quarterly dividend on Tuesday, May 9th. Investors of record on Friday, May 26th will be paid a dividend of $0.132 per share on Friday, June 16th. This represents a $0.53 dividend on an annualized basis and a dividend yield of 1.62%. The ex-dividend date is Wednesday, May 24th. This is an increase from Open Text Corp's previous quarterly dividend of $0.12. View Open Text Corp's Dividend History.

How were Open Text Corp's earnings last quarter?

Open Text Corp (NASDAQ:OTEX) issued its quarterly earnings results on Monday, May, 8th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.24 by $0.16. The company had revenue of $593.13 million for the quarter, compared to the consensus estimate of $601.84 million. Open Text Corp had a return on equity of 16.61% and a net margin of 56.84%. The firm's revenue for the quarter was up 34.6% compared to the same quarter last year. During the same period last year, the firm posted $0.40 earnings per share. View Open Text Corp's Earnings History.

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

10 analysts have issued 12-month price targets for Open Text Corp's stock. Their forecasts range from $35.00 to $91.00. On average, they expect Open Text Corp's share price to reach $61.11 in the next twelve months. View Analyst Ratings for Open Text Corp.

Are investors shorting Open Text Corp?

Open Text Corp saw a increase in short interest in April. As of April 13th, there was short interest totalling 6,352,985 shares, an increase of 0.6% from the March 31st total of 6,313,239 shares. Based on an average trading volume of 564,386 shares, the short-interest ratio is presently 11.3 days.

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

Who owns Open Text Corp stock?

Open Text Corp's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Caisse DE Depot ET Placement DU Quebec (6.70%), Jarislowsky Fraser Ltd (6.54%), FMR LLC (5.20%), Beutel Goodman & Co Ltd. (4.12%), Legato Capital Management LLC (2.64%) and New South Capital Management Inc. (2.51%). View Institutional Ownership Trends for Open Text Corp.

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

Open Text Corp's stock was sold by a variety of institutional investors in the last quarter, including Parametric Portfolio Associates LLC, Snow Capital Management LP, Credit Agricole S A, Ameriprise Financial Inc., Renaissance Technologies LLC, Advisors Asset Management Inc., Envestnet Asset Management Inc. and BNP Paribas Arbitrage SA. View Insider Buying and Selling for Open Text Corp.

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

Open Text Corp's stock was acquired by a variety of institutional investors in the last quarter, including Caisse DE Depot ET Placement DU Quebec, Jarislowsky Fraser Ltd, FMR LLC, Legato Capital Management LLC, Beutel Goodman & Co Ltd., New South Capital Management Inc., Vanguard Group Inc. and Blue Harbour Group L.P.. View Insider Buying and Selling for Open Text Corp.

How do I buy Open Text Corp stock?

Shares of Open Text Corp 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 Corp stock cost?

One share of Open Text Corp stock can currently be purchased for approximately $32.55.

Analyst Ratings

Consensus Ratings for Open Text Corp (NASDAQ:OTEX) (?)
Ratings Breakdown: 2 Hold Ratings, 8 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $61.11 (87.75% upside)

Analysts' Ratings History for Open Text Corp (NASDAQ:OTEX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/9/2017Beacon SecuritiesDowngradeBuy -> HoldLowView Rating Details
5/10/2017ScotiabankLower Price TargetOutperform$51.00 -> $41.00LowView Rating Details
5/9/2017Barclays PLCBoost Price Target$53.00 -> $56.00LowView Rating Details
5/9/2017BMO Capital MarketsSet Price TargetBuy$38.00MediumView Rating Details
5/9/2017Citigroup IncLower Price TargetNeutral$36.00 -> $35.00LowView Rating Details
5/2/2017TD SecuritiesReiterated RatingBuy$52.00LowView Rating Details
1/24/2017Mitsubishi UFJ Financial GroupReiterated RatingOverweight$72.00N/AView Rating Details
12/7/2016Royal Bank of CanadaReiterated RatingOutperform$91.00N/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$65.00 -> $75.00N/AView Rating Details
5/25/2016CIBCUpgradeSector Perform -> OutperformN/AView Rating Details
5/13/2016Credit Suisse Group AGReiterated RatingHold$49.00N/AView Rating Details
(Data available from 5/28/2015 forward)

Earnings

Earnings History for Open Text Corp (NASDAQ:OTEX)
Earnings by Quarter for Open Text Corp (NASDAQ:OTEX)
Earnings History by Quarter for Open Text Corp (NASDAQ:OTEX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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 Corp (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 Corp (NASDAQ:OTEX)
Next Dividend:6/16/2017
Annual Dividend:$0.46
Dividend Yield:1.41%
Payout Ratio:10.11% (Trailing 12 Months of Earnings)
23.00% (Based on This Year's Estimates)
18.93% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Open Text Corp (NASDAQ:OTEX)

Dividend History by Quarter for Open Text Corp (NASDAQ:OTEX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 Corp (NASDAQ:OTEX)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Open Text Corp (NASDAQ:OTEX)
Latest Headlines for Open Text Corp (NASDAQ:OTEX)
Source:
DateHeadline
americanbankingnews.com logoOpen Text Corp (OTEX) Given Consensus Rating of "Buy" by Brokerages
www.americanbankingnews.com - May 26 at 1:31 PM
finance.yahoo.com logoOpen Text Corp. : OTEX-US: Dividend Analysis : May 26th, 2017 (record date) : By the numbers : May 25, 2017
finance.yahoo.com - May 26 at 5:39 AM
seekingalpha.com logoOpen Text (OTEX) Presents At CIBC Technology & Innovation Conference - Slideshow
seekingalpha.com - May 22 at 9:45 AM
finance.yahoo.com logoBarwa Real Estate Builds Single Enterprise Information Management Environment with OpenText
finance.yahoo.com - May 17 at 7:00 PM
finance.yahoo.com logoOpenText Named Solution Extension Partner of the Year and SAP Database and Data Management Partner of the Year in 2017 SAP® Pinnacle Awards
finance.yahoo.com - May 16 at 9:59 AM
americanbankingnews.com logoOpen Text Corp (OTEX) Stock Rating Lowered by Zacks Investment Research
www.americanbankingnews.com - May 13 at 7:52 AM
fool.ca logoA Fast-Growing Dividend Stock for Your Portfolio
www.fool.ca - May 13 at 12:49 AM
americanbankingnews.com logoFY2017 EPS Estimates for Open Text Corp Cut by Beacon Securities (OTEX)
www.americanbankingnews.com - May 12 at 12:32 PM
finance.yahoo.com logoOpenText CEO to Keynote CIBC Technology and Innovation Conference on Tuesday, May 16, 2017
finance.yahoo.com - May 11 at 7:34 PM
americanbankingnews.com logoBeacon Securities Downgrades Open Text Corp (OTEX) to Hold
www.americanbankingnews.com - May 11 at 7:34 AM
finance.yahoo.com logoOpen Text Corp. breached its 50 day moving average in a Bearish Manner : OTEX-US : May 10, 2017
finance.yahoo.com - May 10 at 7:17 PM
americanbankingnews.com logoOpen Text Corp (otex) Declares Quarterly Dividend of $0.13
www.americanbankingnews.com - May 10 at 4:42 PM
americanbankingnews.com logoBMO Capital Markets Analysts Give Open Text Corp (OTEX) a $38.00 Price Target
www.americanbankingnews.com - May 9 at 11:02 PM
americanbankingnews.com logoOpen Text Corp (OTEX) PT Raised to $56.00 at Barclays PLC
www.americanbankingnews.com - May 9 at 4:38 PM
americanbankingnews.com logoOpen Text Corp (OTEX) Releases Quarterly Earnings Results, Misses Estimates By $0.16 EPS
www.americanbankingnews.com - May 9 at 3:44 PM
americanbankingnews.com logoOpen Text Corp (OTEX) Earns Neutral Rating from Citigroup Inc
www.americanbankingnews.com - May 9 at 1:58 PM
seekingalpha.com logoOpen Text (OTEX) Q3 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - May 9 at 11:16 AM
finance.yahoo.com logoEdited Transcript of OTEX earnings conference call or presentation 8-May-17 9:00pm GMT
finance.yahoo.com - May 9 at 11:16 AM
nasdaq.com logoCanada's OpenText misses profit estimates as costs weigh
www.nasdaq.com - May 8 at 6:30 PM
finance.yahoo.com logoOpenText Reports Third Quarter Fiscal Year 2017 Financial Results
finance.yahoo.com - May 8 at 6:30 PM
finance.yahoo.com logoOpenText Leaves Investors Unsatisfied as Earnings Growth Slows
finance.yahoo.com - May 8 at 6:30 PM
nasdaq.com logoVanguard FTSE All-World ex-US Small-Cap ETF Experiences Big Inflow
www.nasdaq.com - May 8 at 12:07 PM
fool.ca logoOpen Text Corp.: Deep Value Hiding in Plain Sight?
www.fool.ca - May 8 at 12:07 PM
americanbankingnews.com logoOpen Text Corp (OTEX) Short Interest Up 0.6% in April
www.americanbankingnews.com - May 7 at 7:36 AM
americanbankingnews.com logoZacks: Brokerages Anticipate Open Text Corp (OTEX) to Post $0.24 EPS
www.americanbankingnews.com - May 5 at 8:22 PM
americanbankingnews.com logoOpen Text Corp (OTEX) Given a $41.00 Price Target at Scotiabank
www.americanbankingnews.com - May 4 at 5:32 PM
finance.yahoo.com logoOpenText Enhances Release 16 to Digitize Business Processes and Manage Information from Engagement to Insight
finance.yahoo.com - May 3 at 7:58 PM
americanbankingnews.com logoOpen Text Corp (OTEX) Earning Somewhat Positive News Coverage, Report Shows
www.americanbankingnews.com - May 3 at 2:58 PM
americanbankingnews.com logoOpen Text Corp (OTEX) Receives Buy Rating from TD Securities
www.americanbankingnews.com - May 2 at 10:42 PM
americanbankingnews.com logoOpen Text Corp (OTEX) Receives Consensus Recommendation of "Buy" from Analysts
www.americanbankingnews.com - May 1 at 4:24 PM
americanbankingnews.com logoOpen Text Corp (OTEX) Given News Sentiment Score of 0.56
www.americanbankingnews.com - April 30 at 8:23 AM
americanbankingnews.com logoOpen Text Corp (OTEX) Receiving Favorable News Coverage, Study Finds
www.americanbankingnews.com - April 27 at 4:04 PM
finance.yahoo.com logoTrimfoot Moves B2B integration to the OpenText Cloud
finance.yahoo.com - April 25 at 6:17 PM
americanbankingnews.com logoOpen Text Corp (OTEX) Receiving Somewhat Critical News Coverage, Report Shows
www.americanbankingnews.com - April 24 at 2:46 PM
finance.yahoo.com logo3 Top Cloud-Computing Stocks to Buy in 2017
finance.yahoo.com - April 21 at 6:57 PM
americanbankingnews.com logoOpen Text Corp (OTEX) Given Media Impact Score of 0.50
www.americanbankingnews.com - April 21 at 5:30 PM
finance.yahoo.com logoOpen Text Corp. – Value Analysis (NASDAQ:OTEX) : April 19, 2017
finance.yahoo.com - April 19 at 7:05 PM
finance.yahoo.com logoOpen Text Corp. breached its 50 day moving average in a Bullish Manner : OTEX-US : April 18, 2017
finance.yahoo.com - April 18 at 9:55 AM
americanbankingnews.com logoFavorable Press Coverage Somewhat Unlikely to Effect Open Text Corp (OTEX) Stock Price
www.americanbankingnews.com - April 16 at 12:36 PM
americanbankingnews.com logoOpen Text Corp (OTEX) Expected to Post Quarterly Sales of $597.86 Million
www.americanbankingnews.com - April 16 at 8:04 AM
americanbankingnews.com logo Analysts Anticipate Open Text Corp (OTEX) to Announce $0.24 EPS
www.americanbankingnews.com - April 14 at 10:19 PM
finance.yahoo.com logoBruce Power Improves Collaboration and Content Management with OpenText
finance.yahoo.com - April 11 at 10:40 AM
americanbankingnews.com logoOpen Text Corp (OTEX) Upgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - April 8 at 10:31 AM
finance.yahoo.com logoOpen Text Corp. breached its 50 day moving average in a Bearish Manner : OTEX-US : April 6, 2017
finance.yahoo.com - April 7 at 11:45 AM
finance.yahoo.com logoTarkett Selects OpenText Media Management to Improve Customer Experience
finance.yahoo.com - April 7 at 11:45 AM
americanbankingnews.com logoOpen Text Corp (OTEX) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - April 4 at 2:04 PM
finance.yahoo.com logoOpenText to Report Third Quarter Fiscal Year 2017 Financial Results on Monday, May 8, 2017
finance.yahoo.com - April 3 at 6:28 PM
biz.yahoo.com logoOPEN TEXT CORP Files SEC form 8-K/A, Financial Statements and Exhibits
biz.yahoo.com - April 3 at 9:26 AM
americanbankingnews.com logoOpen Text Corp (OTEX) Downgraded by Zacks Investment Research
www.americanbankingnews.com - March 30 at 12:39 AM
finance.yahoo.com logoOhio National Financial Services Advances Its Digital Customer Engagement Strategy with OpenText
finance.yahoo.com - March 28 at 9:53 AM

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Chart

Open Text Corp (OTEX) Chart for Sunday, May, 28, 2017

This page was last updated on 5/28/2017 by MarketBeat.com Staff