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NASDAQ:OTEX

Open Text Stock Forecast, Price & News

$46.39
-0.76 (-1.61%)
(As of 12/3/2021 04:00 PM ET)
Add
Compare
Today's Range
$45.79
$47.51
50-Day Range
$46.39
$52.24
52-Week Range
$43.68
$55.25
Volume
688,237 shs
Average Volume
469,260 shs
Market Capitalization
$12.65 billion
P/E Ratio
37.72
Dividend Yield
1.87%
Beta
0.96
30 days | 90 days | 365 days | Advanced Chart
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Open Text logo

About Open Text

Open Text Corp. engages in the design, development, marketing and sales of enterprise information management software and solutions. It includes customer experience management (CEM), digital process automation, business network, and enterprise content management, discovery, security, and artificial intelligence (AI) and analytics solutions. It also offers consulting, managed, and learning services. The company was founded on June 26, 1991 and is headquartered in Waterloo, Canada.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Computer integrated systems design
Sub-Industry
N/A
Current Symbol
NASDAQ:OTEX
Employees
14,400
Year Founded
1991

Sales & Book Value

Annual Sales
$3.39 billion
Cash Flow
$4.70 per share
Book Value
$15.43 per share

Profitability

Net Income
$310.67 million
Pretax Margin
19.92%

Debt

Price-To-Earnings

Miscellaneous

Free Float
243,902,000
Market Cap
$12.65 billion
Optionable
Optionable

Company Calendar

Last Earnings
11/04/2021
Ex-Dividend
12/02/2021
Today
12/03/2021
Dividend Payable
12/22/2021
Next Earnings (Estimated)
2/03/2022
Fiscal Year End
6/30/2022

Social Links


MarketRank

Overall MarketRank

2.88 out of 5 stars

Computer And Technology Sector

48th out of 890 stocks

Computer Integrated Systems Design Industry

3rd out of 42 stocks

Analyst Opinion: 3.4Community Rank: 4.5Dividend Strength: 3.3Insider Behavior: 2.5Valuation: 0.6 5 -4 -3 -2 -1 -












Open Text (NASDAQ:OTEX) Frequently Asked Questions

Is Open Text a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Open Text in the last year. There are currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Open Text stock.
View analyst ratings for Open Text
or view top-rated stocks.

How has Open Text's stock been impacted by Coronavirus (COVID-19)?

Open Text's stock was trading at $37.66 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, OTEX stock has increased by 23.2% and is now trading at $46.39.
View which stocks have been most impacted by COVID-19
.

When is Open Text's next earnings date?

Open Text is scheduled to release its next quarterly earnings announcement on Thursday, February 3rd 2022.
View our earnings forecast for Open Text
.

How were Open Text's earnings last quarter?

Open Text Co. (NASDAQ:OTEX) announced its quarterly earnings data on Thursday, November, 4th. The software maker reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.03. The software maker had revenue of $832.31 million for the quarter, compared to analyst estimates of $822.27 million. Open Text had a net margin of 9.93% and a trailing twelve-month return on equity of 21.28%. Open Text's revenue was up 3.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.86 EPS.
View Open Text's earnings history
.

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

Open Text announced a quarterly dividend on Wednesday, November 3rd. Investors of record on Friday, December 3rd will be paid a dividend of $0.178 per share on Wednesday, December 22nd. This represents a $0.71 dividend on an annualized basis and a dividend yield of 1.53%. The ex-dividend date is Thursday, December 2nd.
View Open Text's dividend history
.

Is Open Text a good dividend stock?

Open Text pays an annual dividend of $0.88 per share and currently has a dividend yield of 1.87%. Open Text has been increasing its dividend for 8 consecutive years, indicating the company has a new, but growing committment to grow its dividend. The dividend payout ratio of Open Text is 71.54%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Open Text will have a dividend payout ratio of 25.88% next year. This indicates that Open Text will be able to sustain or increase its dividend.
View Open Text's dividend history.

What price target have analysts set for OTEX?

5 brokerages have issued twelve-month price targets for Open Text's stock. Their forecasts range from $57.00 to $63.00. On average, they expect Open Text's stock price to reach $60.00 in the next twelve months. This suggests a possible upside of 29.3% from the stock's current price.
View analysts' price targets for Open Text
or view top-rated stocks among Wall Street analysts.

Who are Open Text's key executives?

Open Text's management team includes the following people:
  • Mark J. Barrenechea, Vice Chairman, Chief Executive Officer & CTO
  • Madhu Ranganathan, Chief Financial Officer & Executive Vice President
  • Renee Mckenzie, Chief Information Officer & Senior Vice President
  • Gordon Allan Davies, Chief Legal Officer & Executive Vice President
  • Muhi S. Majzoub, Chief Product Officer & Executive Vice President

What is Mark J. Barrenechea's approval rating as Open Text's CEO?

1,052 employees have rated Open Text CEO Mark J. Barrenechea on Glassdoor.com. Mark J. Barrenechea has an approval rating of 65% among Open Text's employees.

What other stocks do shareholders of Open Text own?

What is Open Text's stock symbol?

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

Who are Open Text's major shareholders?

Open Text's stock is owned by many different institutional and retail investors. Top institutional shareholders include Mackenzie Financial Corp (3.83%), Royal Bank of Canada (3.80%), Caisse DE Depot ET Placement DU Quebec (2.10%), American Century Companies Inc. (1.75%), BlackRock Inc. (1.71%) and The Manufacturers Life Insurance Company (1.58%).

Which institutional investors are selling Open Text stock?

OTEX stock was sold by a variety of institutional investors in the last quarter, including BlackRock Inc., New South Capital Management Inc., Mackenzie Financial Corp, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, Caisse DE Depot ET Placement DU Quebec, Invesco Ltd., QV Investors Inc., and DekaBank Deutsche Girozentrale.

Which institutional investors are buying Open Text stock?

OTEX stock was acquired by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, American Century Companies Inc., Renaissance Technologies LLC, Bank of New York Mellon Corp, Morgan Stanley, Connor Clark & Lunn Investment Management Ltd., Man Group plc, and NN Investment Partners Holdings N.V..

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Open Text's stock price today?

One share of OTEX stock can currently be purchased for approximately $46.39.

How much money does Open Text make?

Open Text has a market capitalization of $12.65 billion and generates $3.39 billion in revenue each year. The software maker earns $310.67 million in net income (profit) each year or $1.23 on an earnings per share basis.

How many employees does Open Text have?

Open Text employs 14,400 workers across the globe.

Does Open Text have any subsidiaries?

The following companies are subsidiares of Open Text: 3304709 Nova Scotia Limited, 8493642 Canada Inc., ANX Holdings Inc., ANXe Business LLC, ANXeBusiness, Acquisition U.K. Limited, Actuate, Actuate (Deutschland) GmbH, Actuate Australia Pty Ltd, Actuate Canada Corporation, Actuate Cayman Ltd., Actuate Corporation, Actuate International Corporation, Actuate International Corporation French Branch, Actuate International Holding Company, Actuate International Sarl, Actuate Japan Company Ltd, Actuate Spain S.L, Actuate UK Limited, Antelope Holding Inc., B2B Commerce (M) SDN. BHD., Bluebird Systems, Burntsand, Captaris, Carbonite, Catalyst Japan LLC, Catalyst Repository Systems, Catalyst Repository Systems Inc., Centrinity, Cordys, Cordys (Beijing) Co. Ltd., Cordys Deutschland Service GmbH, Cordys Information Systems B.V. – China Representative Office, Cordys Israel Ltd., Cordys Shanghai Co. Ltd., Corechange, Covisint, Covisint Software Services (Shanghai) Co. Ltd., Daegis, Dell-EMC's enterprise content division, EC1 Pte Ltd, EasyLink Do Brasil Comunicacoes Ltda., EasyLink Services (France) S.A.R.L., EasyLink Services (Hong Kong) Limited, EasyLink Services Corporation India Private Limited, EasyLink Services International Corp, EasyLink Services International Limited, EasyLink Services K.K., EasyLink Services Korea Corporation, EasyLink Services USA Inc., Easylink Services International Corporation, Eloquent, GXS, GXS (ANZ) Pty Limited, GXS (HK) Limited, GXS (Shanghai) Software Development Limited, GXS AG, GXS B.V., GXS Canada Inc., GXS Co. Ltd, GXS GmbH, GXS Inc., GXS Inc., GXS India Technology Centre Private Limited, GXS International Inc - Hong Kong Branch, GXS International Inc - Netherlands Branch, GXS International Inc - Singapore Branch, GXS International Inc., GXS Limited, GXS Ltd, GXS S.A., GXS S.p.A, GXS SAS, GXS UK Holding Limited, GXS de Mexico S. de R.L. de C.V., Gauss Interprise, Global 360, Global 360 China Limited, Global 360 China Limited - Shanghai Representative Office, Global 360 Spain S.L., HP - Customer Communications Management (CCM) assets, HP Software, Habinger de Mexico S. de R.L. de C.V., Hightail, Hubspan Inc., Hummingbird Ltd, ICCM Professional Services, ICCM Professional Services Limited, IXOS Software AG, Information Dimensions, Informative Graphics Corporation, Legodo AG, Liaison Technologies, Liaison Technologies AB, Liaison Technologies B.V., Liaison Technologies Inc., Liaison Technologies Oy, Liaison Technologies Pte Ltd, Liaison Technologies UK, Metastorm, Metastorm Limited, Metastorm UK Limited, Microstar Software, Nstein Technologies, Nstein Technologies Inc., Open Text, Open Text (Asia) Pte Limited, Open Text (Hong Kong) Limited, Open Text (Philippines) Inc., Open Text A/S, Open Text AB, Open Text AG, Open Text BeLux Branch - Belgian Branch of Open Text Coöperatief U.A., Open Text Brasil Comercio De Software Ltda., Open Text Canada Ltd., Open Text Corporation India Private Limited, Open Text Coöperatief U.A., Open Text Digital Media Group, Open Text Document Technologies GmbH, Open Text Egypt LLC, Open Text GXS ULC, Open Text Holdings Inc., Open Text Inc., Open Text Ireland Limited, Open Text K.K., Open Text Korea Co. Ltd., Open Text LLC, Open Text Middle East - Branch of Open Text Inc in the United Arab Emirates, Open Text New Zealand Limited, Open Text OY, Open Text Pty Limited, Open Text Public Sector Solutions Inc., Open Text S. de R.L. de C.V., Open Text S.r.l., Open Text SA ULC (Nova Scotia), Open Text SARL, Open Text Saudi Arabia LLC, Open Text Software Austria GmbH, Open Text Software GmbH, Open Text Software S.L., Open Text Software S.L. - Sucursal em Portugal, Open Text Software S.L.U., Open Text Software Technology (Malaysia) Sdn Bhd, Open Text Software Technology (Shanghai) Co. Limited, Open Text Software Technology (Shanghai) Co. Ltd - Guangzhou Branch, Open Text Software Technology (Shanghai) Co. Ltd. - Beijing Branch, Open Text South Africa (Pty) Limited, Open Text Sp.z.o.o., Open Text Technologia Da Informacao (Brasil) Ltda., Open Text Technologies India Private Limited, Open Text Technology LLC, Open Text UK Limited, Open Text ULC, Open Text USA Inc., Open Text Venture Capital Investment Limited Partnership, Open Text s.r.o., OpenText Optimost, OpenText Security, Operitel, PSSoftware solutions, Recommind, Recommind Australia Pty Limited, Recommind Canada Ltd., Recommind GmbH, Recommind Inc., Recommind Limited, Resonate KT, Resonate KT Limited, Rocket Holdco Inc., SCS Computer Systems Pte. Limited, SER Group, Spicer Corporation, Stover Limited, StreamServe, StreamServe Development AB, StreamServe S.a.r.l. B.V., Sysgenics Limited, The EasyLink Services Corporation SDN. BHD., TotalDiscovery LLC, Vignette, Vignette India Private Limited, Vignette Partnership LP, Vizible, X-Hive Corporation B.V., XMedius, Xenos Output Technologies Inc., Xpedite Inc., Xpedite Systems (UK) Limited, Xpedite Systems AG, Xpedite Systems GmbH, Xpedite Systems Incorporated (Malaysia) SDN. BHD., Xpedite Systems LLC, Xpedite Systems Limited, Xpedite Systems Participations S.A.R.L., Xpedite Systems Pty Limited, Xpedite Systems S.r.l., Xpedite Systems SA, Xpedite Systems Spain SA, eMotion, and weComm.

When was Open Text founded?

Open Text was founded in 1991.

What is Open Text's official website?

The official website for Open Text is www.opentext.com.

Where are Open Text's headquarters?

Open Text is headquartered at 275 FRANK TOMPA DRIVE, WATERLOO A6, N2L 0A1.

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 (416) 956-0322, via email at [email protected], or via fax at 519-888-0677.


This page was last updated on 12/3/2021 by MarketBeat.com Staff

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