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

$47.80
+0.62 (+1.31 %)
(As of 02/16/2020 04:00 PM ET)
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Today's Range
$47.27
Now: $47.80
$47.84
50-Day Range
$43.81
MA: $45.87
$47.80
52-Week Range
$37.01
Now: $47.80
$47.84
Volume444,739 shs
Average VolumeN/A
Market CapitalizationN/A
P/E Ratio39.50
Dividend YieldN/A
BetaN/A
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 N/A
Sub-IndustryN/A
SectorN/A
Current SymbolNASDAQ:OTEX
CUSIPN/A
WebN/A
PhoneN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees13,100
Next Earnings Date5/6/2020 (Estimated)
OptionableOptionable

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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 Wednesday, January 29th. Stockholders of record on Friday, February 28th will be paid a dividend of $0.175 per share on Friday, March 20th. This represents a $0.70 annualized dividend and a dividend yield of 1.46%. The ex-dividend date is Thursday, February 27th. View Open Text's Dividend History.

How were Open Text's earnings last quarter?

Open Text Corp (NASDAQ:OTEX) released its quarterly earnings results on Thursday, January, 30th. The software maker reported $0.84 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.45 by $0.39. The software maker had revenue of $771.56 million for the quarter, compared to analyst estimates of $754.01 million. The company's quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.80 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, May 6th 2020. View Earnings Estimates for Open Text.

What price target have analysts set for OTEX?

7 brokerages have issued 12 month price objectives for Open Text's shares. Their forecasts range from $48.00 to $55.00. On average, they anticipate Open Text's stock price to reach $52.00 in the next twelve months. This suggests a possible upside of 8.8% 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 1 hold rating and 6 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 coverage about OTEX stock has trended neutral on Sunday, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of news coverage by reviewing 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 nearest to five being the most favorable. Open Text earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned media stories about the software maker a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next several days. View News Stories for Open Text.

Are investors shorting Open Text?

Open Text saw a increase in short interest in January. As of January 15th, there was short interest totalling 4,290,000 shares, an increase of 12.6% from the December 31st total of 3,810,000 shares. Based on an average daily volume of 459,000 shares, the short-interest ratio is currently 9.3 days. Approximately 1.6% of the company's stock are short sold. View Open Text's Current Options Chain.

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 retail and institutional investors. Top institutional investors include Jarislowsky Fraser Ltd (6.18%), Caisse DE Depot ET Placement DU Quebec (5.59%), Great West Life Assurance Co. Can (1.86%), New South Capital Management Inc. (1.72%), FIL Ltd (1.27%) and Guardian Capital LP (1.21%).

Which major investors are selling Open Text stock?

OTEX stock was sold by a variety of institutional investors in the last quarter, including Caisse DE Depot ET Placement DU Quebec, QV Investors Inc., Connor Clark & Lunn Investment Management Ltd., Snow Capital Management LP, Russell Investments Group Ltd., Guardian Capital LP, Crossmark Global Holdings Inc. and Bank of New York Mellon Corp.

Which major investors are buying Open Text stock?

OTEX stock was purchased by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Altshuler Shaham Ltd, Bessemer Group Inc., First Trust Advisors LP, FIL Ltd, Renaissance Technologies LLC, FMR LLC and Goldman Sachs 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 $47.80.


MarketBeat Community Rating for Open Text (NASDAQ OTEX)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  475 (Vote Outperform)
Underperform Votes:  435 (Vote Underperform)
Total Votes:  910
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 2/16/2020 by MarketBeat.com Staff

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