Open Text Stock Price, News & Analysis (NASDAQ:OTEX)

$41.39
+0.20 (+0.49 %)
(As of 09/23/2019 06:00 AM ET)
Today's Range
$41.0950
Now: $41.39
$41.77
50-Day Range
$37.48
MA: $39.43
$42.79
52-Week Range
$30.99
Now: $41.39
$44.49
Volume507,372 shs
Average Volume572,171 shs
Market Capitalization$11.18 billion
P/E Ratio39.05
Dividend Yield1.70%
Beta0.56
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. Read More…

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.87 billion
Cash Flow$2.8311 per share
Book Value$14.40 per share

Profitability

Net Income$285.50 million

Miscellaneous

Employees13,100
Market Cap$11.18 billion
Next Earnings Date10/30/2019 (Estimated)
OptionableOptionable

Receive OTEX News and Ratings via Email

Sign-up to receive the latest news and ratings for OTEX and its competitors with MarketBeat's FREE daily newsletter.


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 declared a quarterly dividend on Wednesday, July 31st. Stockholders of record on Friday, August 30th will be paid a dividend of $0.175 per share on Friday, September 20th. This represents a $0.70 annualized dividend and a dividend yield of 1.69%. The ex-dividend date of this dividend is Thursday, August 29th. This is a positive change from Open Text's previous quarterly dividend of $0.17. View Open Text's Dividend History.

How were Open Text's earnings last quarter?

Open Text Corp (NASDAQ:OTEX) announced its quarterly earnings results on Thursday, August, 1st. The software maker reported $0.27 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.37 by $0.10. The software maker had revenue of $747.20 million for the quarter, compared to the consensus estimate of $763.51 million. Open Text had a return on equity of 7.50% and a net margin of 9.95%. The firm's revenue for the quarter was down .9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.72 earnings per share. 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, October 30th 2019. View Earnings Estimates for Open Text.

What price target have analysts set for OTEX?

7 analysts have issued 12-month price objectives for Open Text's stock. Their forecasts range from $43.00 to $53.00. On average, they expect Open Text's share price to reach $47.1429 in the next year. This suggests a possible upside of 13.9% from the stock's current price. View Analyst Price Targets for Open Text.

What is the consensus analysts' recommendation for Open Text?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Open Text in the last year. There are currently 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 stories about OTEX stock have trended somewhat negative on Monday, InfoTrie reports. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Open Text earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned news headlines about the software maker a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Open Text.

Who are some of Open Text's key competitors?

What other stocks do shareholders of Open Text own?

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 54)
  • Ms. Madhu Ranganathan CPA, M.B.A., Exec. VP & CFO (Age 54)
  • Mr. Gordon Allan Davies, Exec. VP, Chief Legal & Corp. Devel. Officer, Chief Compliance Officer & Sec. (Age 57)
  • Mr. Simon David Harrison, Exec. VP of Worldwide Sales (Age 49)
  • Mr. Muhi S. Majzoub, Exec. VP of Engineering (Age 59)

Who are Open Text's major shareholders?

Open Text's stock is owned by a number of of institutional and retail investors. Top institutional investors include Beutel Goodman & Co Ltd. (3.67%), Royal Bank of Canada (3.46%), Vanguard Group Inc. (2.67%), Mackenzie Financial Corp (2.04%), Invesco Ltd. (2.02%) and Fiera Capital Corp (1.16%).

Which institutional investors are selling Open Text stock?

OTEX stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, Mackenzie Financial Corp, Toronto Dominion Bank, Toronto Dominion Bank, BlackRock Inc., NN Investment Partners Holdings N.V., Royal Bank of Canada and Invesco Ltd..

Which institutional investors are buying Open Text stock?

OTEX stock was purchased by a variety of institutional investors in the last quarter, including APG Asset Management N.V., Renaissance Technologies LLC, Morgan Stanley, PCJ Investment Counsel Ltd., Schroder Investment Management Group, Alberta Investment Management Corp, Man Group plc and Vanguard Group Inc..

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, Robinhood, Fidelity and Charles Schwab.

What is Open Text's stock price today?

One share of OTEX stock can currently be purchased for approximately $41.39.

How big of a company is Open Text?

Open Text has a market capitalization of $11.18 billion and generates $2.87 billion in revenue each year. The software maker earns $285.50 million in net income (profit) each year or $1.06 on an earnings per share basis. Open Text employs 13,100 workers across the globe.View Additional Information About Open Text.

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:  444 (Vote Outperform)
Underperform Votes:  406 (Vote Underperform)
Total Votes:  850
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 9/23/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel