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

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$32.56 +0.04 (+0.12 %)
(As of 11/20/2018 04:00 PM ET)
Previous Close$32.52
Today's Range$32.00 - $32.80
52-Week Range$31.98 - $40.31
Volume866,888 shs
Average Volume520,925 shs
Market Capitalization$8.91 billion
P/E Ratio35.78
Dividend Yield1.83%
Beta0.46
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

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

Debt

Debt-to-Equity Ratio0.70
Current Ratio1.51
Quick Ratio1.51

Price-To-Earnings

Trailing P/E Ratio35.78
Forward P/E Ratio42.29
P/E GrowthN/A

Sales & Book Value

Annual Sales$2.82 billion
Price / Sales3.11
Cash Flow$2.5944 per share
Price / Cash12.55
Book Value$13.89 per share
Price / Book2.34

Profitability

EPS (Most Recent Fiscal Year)$0.91
Net Income$242.22 million
Net Margins8.51%
Return on Equity7.99%
Return on Assets3.81%

Miscellaneous

Employees12,200
Outstanding Shares268,510,000
Market Cap$8.91 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 announced a quarterly dividend on Thursday, November 1st. Shareholders of record on Friday, November 30th will be given a dividend of $0.1518 per share on Thursday, December 20th. This represents a $0.61 dividend on an annualized basis and a yield of 1.86%. The ex-dividend date is Thursday, November 29th. View Open Text's Dividend History.

How were Open Text's earnings last quarter?

Open Text Corp (NASDAQ:OTEX) issued its earnings results on Wednesday, October, 31st. The software maker reported $0.60 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.59 by $0.01. The software maker earned $667.20 million during the quarter, compared to analyst estimates of $692.53 million. Open Text had a net margin of 8.51% and a return on equity of 7.99%. Open Text's quarterly revenue was up 4.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.54 EPS. 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 Wednesday, January 30th 2019. View Earnings Estimates for Open Text.

What price target have analysts set for OTEX?

9 equities research analysts have issued 12 month price targets for Open Text's stock. Their predictions range from $40.00 to $51.00. On average, they expect Open Text's share price to reach $45.30 in the next year. This suggests a possible upside of 39.1% from the stock's current price. View Analyst Price Targets for Open Text.

What is the consensus analysts' recommendation for Open Text?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Open Text in the last year. There are currently 1 sell rating, 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 articles about OTEX stock have been trending somewhat positive on Tuesday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Open Text earned a coverage optimism score of 1.1 on InfoTrie's scale. They also gave news articles about the software maker a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next few days.

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 53)
  • Ms. Madhu Ranganathan CPA, M.B.A., Exec. VP & CFO (Age 53)
  • Mr. Gordon Allan Davies, Exec. VP, Chief Legal & Corp. Devel. Officer, Chief Compliance Officer & Sec. (Age 56)
  • Mr. Simon David Harrison, Exec. VP of Worldwide Sales (Age 48)
  • Mr. Muhi S. Majzoub, Exec. VP of Engineering & Cloud Services (Age 58)

Who are Open Text's major shareholders?

Open Text's stock is owned by a number of of retail and institutional investors. Top institutional investors include Beutel Goodman & Co Ltd. (3.71%), The Manufacturers Life Insurance Company (3.46%), FIL Ltd (2.52%), Disciplined Growth Investors Inc. MN (2.05%), New South Capital Management Inc. (1.95%) and Great West Life Assurance Co. Can (1.82%).

Which institutional investors are selling Open Text stock?

OTEX stock was sold by a variety of institutional investors in the last quarter, including Thompson Siegel & Walmsley LLC, Mackenzie Financial Corp, FIL Ltd, PCJ Investment Counsel Ltd., New South Capital Management Inc., Beutel Goodman & Co Ltd., TD Asset Management Inc. and Korea Investment CORP.

Which institutional investors are buying Open Text stock?

OTEX stock was bought by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , FMR LLC, Nordea Investment Management AB, Morgan Stanley, Connor Clark & Lunn Investment Management Ltd., Deutsche Bank AG, Dundas Partners LLP and First Trust Advisors LP.

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 $32.56.

How big of a company is Open Text?

Open Text has a market capitalization of $8.91 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:  402 (Vote Outperform)
Underperform Votes:  375 (Vote Underperform)
Total Votes:  777
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 11/20/2018 by MarketBeat.com Staff

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