Open 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
- Market Cap: $8.55 billion
- Outstanding Shares: 262,753,000
- 50 Day Moving Avg: $33.45
- 200 Day Moving Avg: $32.66
- 52 Week Range: $28.30 - $35.21
Sales & Book Value:
- Trailing P/E Ratio: 7.64
- Foreward P/E Ratio: 13.40
- P/E Growth: 1.14
- Annual Revenue: $2.11 billion
- Price / Sales: 4.05
- Book Value: $13.33 per share
- Price / Book: 2.44
- Annual Dividend: $0.46
- Dividend Yield: 1.6%
- EBIDTA: $594.15 million
- Net Margins: 56.84%
- Return on Equity: 16.61%
- Return on Assets: 7.56%
- Debt-to-Equity Ratio: 0.68%
- Current Ratio: 3.29%
- Quick Ratio: 3.29%
- 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?
Some companies that are related to Open Text Corp include Red Hat (RHT), Mobileye NV (MBLY), ANSYS (ANSS), Cadence Design Systems (CDNS), CDK Global (CDK), Splunk (SPLK), Shopify Inc (US) (SHOP), Fortinet (FTNT), LogMeIn (LOGM), Nuance Communications (NUAN), Tableau Software (DATA), SolarWinds (SWI), Proofpoint (PFPT), Paycom Software (PAYC), Solera Holdings (SLH), Ellie Mae (ELLI), Manhattan Associates (MANH) and RealPage (RP).
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.
Earnings History for Open Text Corp (NASDAQ:OTEX)Earnings History by Quarter for Open Text Corp (NASDAQ:OTEX)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/8/2017||3/31/2017||$0.24||$0.08||$601.84 million||$593.13 million||View||Listen|
|2/2/2017||Q217||$0.52||$0.54||$532.93 million||$542.70 million||View||Listen|
|11/3/2016||Q117||$0.87||$0.86||$495.82 million||$491.70 million||View||N/A|
|7/27/2016||Q416||$0.94||$0.89||$482.67 million||$484.00 million||View||Listen|
|4/27/2016||Q316||$0.84||$0.80||$450.80 million||$440.50 million||View||Listen|
|2/9/2016||Q216||$0.90||$1.01||$462.53 million||$465.30 million||View||N/A|
|10/28/2015||Q116||$0.78||$0.84||$454.41 million||$434.50 million||View||Listen|
|7/29/2015||Q415||$0.69||$0.87||$447.78 million||$482.70 million||View||Listen|
|4/28/2015||Q315||$0.89||$0.66||$477.53 million||$383.60 million||View||N/A|
|1/27/2015||Q215||$0.96||$0.97||$486.46 million||$467.80 million||View||N/A|
|10/22/2014||Q115||$0.86||$0.97||$457.60 million||$453.80 million||View||Listen|
|7/30/2014||Q414||$0.94||$1.05||$480.52 million||$494.00 million||View||N/A|
|4/24/2014||Q314||$0.80||$0.84||$447.27 million||$442.80 million||View||N/A|
|1/22/2014||Q214||$1.51||$1.58||$352.70 million||$363.50 million||View||N/A|
|10/30/2013||Q114||$1.30||$1.37||$334.51 million||$324.50 million||View||N/A|
|7/31/2013||Q413||$1.42||$1.43||$361.05 million||$347.30 million||View||N/A|
|4/24/2013||Q313||$1.30||$1.26||$345.68 million||$337.70 million||View||N/A|
|1/24/2013||Q213||$1.37||$1.58||$321.50 million||$352.20 million||View||N/A|
Earnings Estimates for Open Text Corp (NASDAQ:OTEX)
2017 EPS Consensus Estimate: $1.45
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Open Text Corp (NASDAQ:OTEX)
|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 History by Quarter for Open Text Corp (NASDAQ:OTEX)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Open Text Corp (NASDAQ:OTEX)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Open Text Corp (NASDAQ:OTEX)
Latest Headlines for Open Text Corp (NASDAQ:OTEX)
|Open Text Corp (OTEX) Given Consensus Rating of "Buy" by Brokerages|
www.americanbankingnews.com - May 26 at 1:31 PM
|Open 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
|Open Text (OTEX) Presents At CIBC Technology & Innovation Conference - Slideshow|
seekingalpha.com - May 22 at 9:45 AM
|Barwa Real Estate Builds Single Enterprise Information Management Environment with OpenText|
finance.yahoo.com - May 17 at 7:00 PM
|OpenText 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
|Open Text Corp (OTEX) Stock Rating Lowered by Zacks Investment Research|
www.americanbankingnews.com - May 13 at 7:52 AM
|A Fast-Growing Dividend Stock for Your Portfolio|
www.fool.ca - May 13 at 12:49 AM
|FY2017 EPS Estimates for Open Text Corp Cut by Beacon Securities (OTEX)|
www.americanbankingnews.com - May 12 at 12:32 PM
|OpenText CEO to Keynote CIBC Technology and Innovation Conference on Tuesday, May 16, 2017|
finance.yahoo.com - May 11 at 7:34 PM
|Beacon Securities Downgrades Open Text Corp (OTEX) to Hold|
www.americanbankingnews.com - May 11 at 7:34 AM
|Open 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
|Open Text Corp (otex) Declares Quarterly Dividend of $0.13|
www.americanbankingnews.com - May 10 at 4:42 PM
|BMO Capital Markets Analysts Give Open Text Corp (OTEX) a $38.00 Price Target|
www.americanbankingnews.com - May 9 at 11:02 PM
|Open Text Corp (OTEX) PT Raised to $56.00 at Barclays PLC|
www.americanbankingnews.com - May 9 at 4:38 PM
|Open Text Corp (OTEX) Releases Quarterly Earnings Results, Misses Estimates By $0.16 EPS|
www.americanbankingnews.com - May 9 at 3:44 PM
|Open Text Corp (OTEX) Earns Neutral Rating from Citigroup Inc|
www.americanbankingnews.com - May 9 at 1:58 PM
|Open Text (OTEX) Q3 2017 Results - Earnings Call Transcript - Seeking Alpha|
seekingalpha.com - May 9 at 11:16 AM
|Edited Transcript of OTEX earnings conference call or presentation 8-May-17 9:00pm GMT|
finance.yahoo.com - May 9 at 11:16 AM
|Canada's OpenText misses profit estimates as costs weigh|
www.nasdaq.com - May 8 at 6:30 PM
|OpenText Reports Third Quarter Fiscal Year 2017 Financial Results|
finance.yahoo.com - May 8 at 6:30 PM
|OpenText Leaves Investors Unsatisfied as Earnings Growth Slows|
finance.yahoo.com - May 8 at 6:30 PM
|Vanguard FTSE All-World ex-US Small-Cap ETF Experiences Big Inflow|
www.nasdaq.com - May 8 at 12:07 PM
|Open Text Corp.: Deep Value Hiding in Plain Sight?|
www.fool.ca - May 8 at 12:07 PM
|Open Text Corp (OTEX) Short Interest Up 0.6% in April|
www.americanbankingnews.com - May 7 at 7:36 AM
|Zacks: Brokerages Anticipate Open Text Corp (OTEX) to Post $0.24 EPS|
www.americanbankingnews.com - May 5 at 8:22 PM
|Open Text Corp (OTEX) Given a $41.00 Price Target at Scotiabank|
www.americanbankingnews.com - May 4 at 5:32 PM
|OpenText Enhances Release 16 to Digitize Business Processes and Manage Information from Engagement to Insight|
finance.yahoo.com - May 3 at 7:58 PM
|Open Text Corp (OTEX) Earning Somewhat Positive News Coverage, Report Shows|
www.americanbankingnews.com - May 3 at 2:58 PM
|Open Text Corp (OTEX) Receives Buy Rating from TD Securities|
www.americanbankingnews.com - May 2 at 10:42 PM
|Open Text Corp (OTEX) Receives Consensus Recommendation of "Buy" from Analysts|
www.americanbankingnews.com - May 1 at 4:24 PM
|Open Text Corp (OTEX) Given News Sentiment Score of 0.56|
www.americanbankingnews.com - April 30 at 8:23 AM
|Open Text Corp (OTEX) Receiving Favorable News Coverage, Study Finds|
www.americanbankingnews.com - April 27 at 4:04 PM
|Trimfoot Moves B2B integration to the OpenText Cloud|
finance.yahoo.com - April 25 at 6:17 PM
|Open Text Corp (OTEX) Receiving Somewhat Critical News Coverage, Report Shows|
www.americanbankingnews.com - April 24 at 2:46 PM
|3 Top Cloud-Computing Stocks to Buy in 2017|
finance.yahoo.com - April 21 at 6:57 PM
|Open Text Corp (OTEX) Given Media Impact Score of 0.50|
www.americanbankingnews.com - April 21 at 5:30 PM
|Open Text Corp. – Value Analysis (NASDAQ:OTEX) : April 19, 2017|
finance.yahoo.com - April 19 at 7:05 PM
|Open 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
|Favorable Press Coverage Somewhat Unlikely to Effect Open Text Corp (OTEX) Stock Price|
www.americanbankingnews.com - April 16 at 12:36 PM
|Open Text Corp (OTEX) Expected to Post Quarterly Sales of $597.86 Million|
www.americanbankingnews.com - April 16 at 8:04 AM
| Analysts Anticipate Open Text Corp (OTEX) to Announce $0.24 EPS|
www.americanbankingnews.com - April 14 at 10:19 PM
|Bruce Power Improves Collaboration and Content Management with OpenText|
finance.yahoo.com - April 11 at 10:40 AM
|Open Text Corp (OTEX) Upgraded to "Hold" at Zacks Investment Research|
www.americanbankingnews.com - April 8 at 10:31 AM
|Open 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
|Tarkett Selects OpenText Media Management to Improve Customer Experience|
finance.yahoo.com - April 7 at 11:45 AM
|Open Text Corp (OTEX) Receives Consensus Recommendation of "Buy" from Brokerages|
www.americanbankingnews.com - April 4 at 2:04 PM
|OpenText to Report Third Quarter Fiscal Year 2017 Financial Results on Monday, May 8, 2017|
finance.yahoo.com - April 3 at 6:28 PM
|OPEN TEXT CORP Files SEC form 8-K/A, Financial Statements and Exhibits|
biz.yahoo.com - April 3 at 9:26 AM
|Open Text Corp (OTEX) Downgraded by Zacks Investment Research|
www.americanbankingnews.com - March 30 at 12:39 AM
|Ohio National Financial Services Advances Its Digital Customer Engagement Strategy with OpenText|
finance.yahoo.com - March 28 at 9:53 AM
Open Text Corp (OTEX) Chart for Sunday, May, 28, 2017