Open Text Corporation Company Profile (NASDAQ:OTEX)

About Open Text Corporation (NASDAQ:OTEX)

Open Text Corporation logoOpen 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: Enterprise Software
  • Sub-Industry: N/A
  • Symbol: NASDAQ:OTEX
  • CUSIP: N/A
  • Web: www.opentext.com
Capitalization:
  • Market Cap: $8.90492 billion
  • Outstanding Shares: 264,241,000
Average Prices:
  • 50 Day Moving Avg: $32.49
  • 200 Day Moving Avg: $32.73
  • 52 Week Range: $29.30 - $35.21
P/E:
  • Trailing P/E Ratio: 8.44
  • Foreward P/E Ratio: 45.11
  • P/E Growth: 0.87
Sales & Book Value:
  • Annual Revenue: $2.29 billion
  • Price / Sales: 3.90
  • Book Value: $13.43 per share
  • Price / Book: 2.52
Dividend:
  • Annual Dividend: $0.53
  • Dividend Yield: 1.6%
Profitability:
  • EBITDA: $631.71 million
  • Net Margins: 44.77%
  • Return on Equity: 8.92%
  • Return on Assets: 4.29%
Debt:
  • Debt-to-Equity Ratio: 0.68%
  • Current Ratio: 0.89%
  • Quick Ratio: 0.89%
Misc:
  • Average Volume: 472,878 shs.
  • Beta: 0.47
  • Short Ratio: 4.23
 

Frequently Asked Questions for Open Text Corporation (NASDAQ:OTEX)

What is Open Text Corporation's stock symbol?

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

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

Open Text Corporation announced a quarterly dividend on Friday, August 4th. Stockholders of record on Friday, September 1st will be paid a dividend of $0.132 per share on Friday, September 22nd. This represents a $0.53 annualized dividend and a dividend yield of 1.56%. The ex-dividend date of this dividend is Wednesday, August 30th. View Open Text Corporation's Dividend History.

How were Open Text Corporation's earnings last quarter?

Open Text Corporation (NASDAQ:OTEX) released its quarterly earnings results on Thursday, August, 3rd. The company reported $0.17 EPS for the quarter, missing the Zacks' consensus estimate of $0.24 by $0.07. The company earned $663.60 million during the quarter, compared to analysts' expectations of $662.36 million. Open Text Corporation had a return on equity of 8.92% and a net margin of 44.77%. Open Text Corporation's revenue for the quarter was up 37.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.45 earnings per share. View Open Text Corporation's Earnings History.

When will Open Text Corporation make its next earnings announcement?

Open Text Corporation is scheduled to release their next quarterly earnings announcement on Thursday, November, 2nd 2017. View Earnings Estimates for Open Text Corporation.

Where is Open Text Corporation's stock going? Where will Open Text Corporation's stock price be in 2017?

8 brokers have issued 1-year target prices for Open Text Corporation's stock. Their forecasts range from $35.00 to $52.00. On average, they anticipate Open Text Corporation's stock price to reach $42.29 in the next twelve months. View Analyst Ratings for Open Text Corporation.

Who are some of Open Text Corporation's key competitors?

Who are Open Text Corporation's key executives?

Open Text Corporation's management team includes the folowing people:

  • Paul Thomas Jenkins, Chairman of the Board
  • Mark J. Barrenechea, Chief Executive Officer, Chief Technology Officer, Director
  • John Marshall Doolittle, Chief Financial Officer
  • Muhi S. Majzoub, Executive Vice President - Engineering
  • Aditya Maheshwari, Senior Vice President, Chief Accounting Officer
  • Gary Weiss, Senior Vice President, General Manager - Discovery and Analytics
  • Prentiss Donohue, Senior Vice President - Professional Services
  • Simon Harrison, Senior Vice President - Enterprise Sales
  • James McGourlay, Senior Vice President - Global Technical Services
  • Douglas M. Parker, Senior Vice President - Corporate Development

Who owns Open Text Corporation stock?

Open Text Corporation's stock is owned by a number of of institutional and retail investors. Top institutional investors include Eqis Capital Management Inc. (0.01%). View Institutional Ownership Trends for Open Text Corporation.

Who bought Open Text Corporation stock? Who is buying Open Text Corporation stock?

Open Text Corporation's stock was bought by a variety of institutional investors in the last quarter, including Eqis Capital Management Inc.. View Insider Buying and Selling for Open Text Corporation.

How do I buy Open Text Corporation stock?

Shares of Open Text Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Open Text Corporation's stock price today?

One share of Open Text Corporation stock can currently be purchased for approximately $33.83.


MarketBeat Community Rating for Open Text Corporation (NASDAQ OTEX)
Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  297 (Vote Outperform)
Underperform Votes:  249 (Vote Underperform)
Total Votes:  546
MarketBeat's community ratings are surveys of what our community members think about Open Text Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Open Text Corporation (NASDAQ:OTEX) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.88)
Consensus Price Target: $42.29 (24.99% upside)
Consensus Price Target History for Open Text Corporation (NASDAQ:OTEX)
Price Target History for Open Text Corporation (NASDAQ:OTEX)
Analysts' Ratings History for Open Text Corporation (NASDAQ:OTEX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/4/2017Barclays PLCBoost Price TargetOverweight$41.00 -> $43.00LowView Rating Details
8/4/2017BMO Capital MarketsReiterated RatingOutperform$40.00MediumView Rating Details
8/4/2017ScotiabankReiterated RatingOutperform$41.00 -> $50.00MediumView Rating Details
7/12/2017Royal Bank Of CanadaReiterated RatingBuy$40.00HighView Rating Details
7/5/2017Beacon SecuritiesUpgradeHold -> BuyLowView Rating Details
5/9/2017Citigroup Inc.Lower Price TargetNeutral$36.00 -> $35.00LowView Rating Details
5/2/2017TD SecuritiesReiterated RatingBuy$52.00LowView Rating Details
1/24/2017Mitsubishi UFJ Financial GroupReiterated RatingOverweight$36.00N/AView Rating Details
9/26/2016National Bank FinancialReiterated RatingOutperform OverweightN/AView Rating Details
9/12/2016Dundee SecuritiesUpgradeNeutral -> BuyN/AView Rating Details
7/28/2016Benchmark Co.Boost Price TargetBuy$32.50 -> $37.50N/AView Rating Details
5/25/2016CIBCUpgradeSector Perform -> OutperformN/AView Rating Details
5/13/2016Credit Suisse GroupReiterated RatingHold$24.50N/AView Rating Details
(Data available from 10/19/2015 forward)

Earnings

Earnings History for Open Text Corporation (NASDAQ:OTEX)
Earnings by Quarter for Open Text Corporation (NASDAQ:OTEX)
Earnings History by Quarter for Open Text Corporation (NASDAQ OTEX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/2/2017$0.54N/AView Earnings Details
8/3/20176/30/2017$0.24$0.17$662.36 million$663.60 millionViewListenView Earnings Details
5/8/20173/31/2017$0.24$0.08$601.84 million$593.13 millionViewListenView Earnings Details
2/2/2017Q217$0.52$0.54$532.93 million$542.70 millionViewListenView Earnings Details
11/3/2016Q117$0.87$0.86$495.82 million$491.70 millionViewN/AView Earnings Details
7/27/2016Q416$0.94$0.89$482.67 million$484.00 millionViewListenView Earnings Details
4/27/2016Q316$0.84$0.80$450.80 million$440.50 millionViewListenView Earnings Details
2/9/2016Q216$0.90$1.01$462.53 million$465.30 millionViewN/AView Earnings Details
10/28/2015Q116$0.78$0.84$454.41 million$434.50 millionViewListenView Earnings Details
7/29/2015Q415$0.69$0.87$447.78 million$482.70 millionViewListenView Earnings Details
4/28/2015Q315$0.89$0.66$477.53 million$383.60 millionViewN/AView Earnings Details
1/27/2015Q215$0.96$0.97$486.46 million$467.80 millionViewN/AView Earnings Details
10/22/2014Q115$0.86$0.97$457.60 million$453.80 millionViewListenView Earnings Details
7/30/2014Q414$0.94$1.05$480.52 million$494.00 millionViewN/AView Earnings Details
4/24/2014Q314$0.80$0.84$447.27 million$442.80 millionViewN/AView Earnings Details
1/22/2014Q214$1.51$1.58$352.70 million$363.50 millionViewN/AView Earnings Details
10/30/2013Q114$1.30$1.37$334.51 million$324.50 millionViewN/AView Earnings Details
7/31/2013Q413$1.42$1.43$361.05 million$347.30 millionViewN/AView Earnings Details
4/24/2013Q313$1.30$1.26$345.68 million$337.70 millionViewN/AView Earnings Details
1/24/2013Q213$1.37$1.58$321.50 million$352.20 millionViewN/AView Earnings Details
10/31/2012$1.17$1.31ViewN/AView Earnings Details
8/9/2012$1.16$1.17ViewN/AView Earnings Details
2/1/2012$1.22$1.39ViewN/AView Earnings Details
10/26/2011$0.93$1.01ViewN/AView Earnings Details
4/27/2011$0.97$0.90ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Open Text Corporation (NASDAQ:OTEX)
2017 EPS Consensus Estimate: $1.45
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.52$0.52$0.52
Q2 20172$0.28$0.31$0.30
Q3 20172$0.29$0.30$0.30
Q4 20172$0.24$0.43$0.34
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Open Text Corporation (NASDAQ:OTEX)
Most Recent Dividend:9/22/2017
Annual Dividend:$0.53
Dividend Yield:1.57%
Payout Ratio:12.74% (Trailing 12 Months of Earnings)
79.10% (Based on This Year's Estimates)
70.67% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Open Text Corporation (NASDAQ:OTEX)

Dividend History by Quarter for Open Text Corporation (NASDAQ OTEX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/4/2017quarterly$0.131.53%8/30/20179/1/20179/22/2017
5/9/2017Quarterly$0.131.61%5/24/20175/26/20176/16/2017
2/3/2017Quarterly$0.123/1/20173/3/20173/23/2017
2/3/2017quarterly$0.121.38%3/1/20173/3/20173/28/2017
11/9/2016quarterly$0.231.48%11/30/201612/2/201612/22/2016
7/28/2016quarterly$0.231.55%8/24/20168/26/20169/16/2016
4/28/2016quarterly$0.231.64%5/25/20165/27/20166/17/2016
2/11/2016quarterly$0.201.71%3/8/20163/10/20163/31/2016
10/30/2015quarterly$0.201.72%11/24/201511/27/201512/18/2015
7/31/2015quarterly$0.201.76%8/26/20158/28/20159/18/2015
4/30/2015quarterly$0.201.58%5/27/20155/29/20156/19/2015
1/29/2015quarterly$0.171.24%2/24/20152/26/20153/19/2015
10/22/2014quarterly$0.171.3%11/19/201411/21/201412/12/2014
7/30/2014quarterly$0.171.26%8/27/20148/29/20149/19/2014
4/24/2014quarterly$0.171.41%5/21/20145/23/20146/13/2014
1/24/2014quarterly$0.150.6%2/21/20142/25/20143/14/2014
10/30/2013$0.2911/26/201311/29/201312/20/2013
10/31/2013quarterly$0.301.64%11/27/201311/29/201312/20/2013
7/31/2013quarterly$0.301.81%8/28/20138/30/20139/20/2013
4/25/2013special$0.295/29/20135/31/20136/21/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Open Text Corporation (NASDAQ:OTEX)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Open Text Corporation (NASDAQ:OTEX)
Latest Headlines for Open Text Corporation (NASDAQ:OTEX)
Source:
DateHeadline
fool.ca logoWhich Is the Better Buy: Sierra Wireless, Inc. or Open Text Corp.?
www.fool.ca - October 19 at 7:15 AM
prnewswire.com logoNichirin UK Relies on OpenText to Meet Exacting Customer Demands - PR Newswire (press release)
www.prnewswire.com - October 17 at 3:47 PM
finance.yahoo.com logoNichirin UK Relies on OpenText to Meet Exacting Customer Demands
finance.yahoo.com - October 17 at 3:47 PM
prnewswire.com logoOpenText Named as a Leader in Gartner Magic Quadrant for Content Services Platforms - PR Newswire (press release)
www.prnewswire.com - October 13 at 7:53 AM
finance.yahoo.com logoOpenText Named as a Leader in Gartner Magic Quadrant for Content Services Platforms
finance.yahoo.com - October 13 at 7:53 AM
finance.yahoo.com logoOpenText Recommends Shareholders Reject TRC Capital's "Mini-Tender" Offer
finance.yahoo.com - October 11 at 6:20 AM
finance.yahoo.com logoOpenText to Report First Quarter Fiscal Year 2018 Financial Results on Thursday, November 2, 2017
finance.yahoo.com - October 11 at 6:20 AM
fool.ca logo1 High-Growth Technology Stock That’s Set for Take Off
www.fool.ca - October 9 at 11:11 PM
americanbankingnews.com logoCritical Contrast: Open Text Corporation (OTEX) & Its Peers
www.americanbankingnews.com - October 9 at 8:30 PM
fool.ca logo3 Dividend Stocks With up to 20% Growth Are Ready to Soar
www.fool.ca - October 5 at 2:33 PM
nasdaq.com logoOpen Text Breaks Above 200-Day Moving Average - Bullish for OTEX
www.nasdaq.com - October 5 at 2:33 PM
finance.yahoo.com logoOpen Text Corp. breached its 50 day moving average in a Bullish Manner : OTEX-US : October 3, 2017
finance.yahoo.com - October 5 at 2:33 PM
finance.yahoo.com logoOpen Text Corp. – Value Analysis (NASDAQ:OTEX) : October 4, 2017
finance.yahoo.com - October 5 at 2:33 PM
fool.ca logoExploit the Bargains in These Absolutely Attractive Dividend Stocks
www.fool.ca - October 1 at 11:01 AM
americanbankingnews.com logoOpen Text Corporation (OTEX) vs. Clicksoftware Technologies (CKSW) Head-To-Head Comparison
www.americanbankingnews.com - September 30 at 2:24 PM
americanbankingnews.com logoOpen Text Corporation (OTEX) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - September 30 at 12:44 PM
prnewswire.com logoOpenText Announces Voting Results for Election of Directors - PR Newswire (press release)
www.prnewswire.com - September 22 at 7:52 AM
finance.yahoo.com logoIs Open Text Corporation (OTEX) Undervalued?
finance.yahoo.com - September 22 at 7:52 AM
americanbankingnews.com logoContrasting Constant Contact (CTCT) & Open Text Corporation (OTEX)
www.americanbankingnews.com - September 18 at 2:30 PM
streetinsider.com logoOpen Text (OTEX) Completes Acquisition of Guidance Software ... - StreetInsider.com
www.streetinsider.com - September 15 at 7:17 AM
fool.ca logoDon’t Miss These 2 High-Quality Stocks That Are Trading Near 52-Week Lows
www.fool.ca - September 13 at 7:33 AM
americanbankingnews.com logoOpen Text Corporation (OTEX) Given Average Rating of "Buy" by Analysts
www.americanbankingnews.com - September 5 at 12:32 PM
seekingalpha.com logoOpenText - A Rare Undervalued Tech Stock - Seeking Alpha
seekingalpha.com - September 4 at 8:13 PM
fool.ca logoInterested in Tech Stocks? Here’s 1 With a Profit Margin Over 40%
www.fool.ca - August 24 at 10:43 AM
finance.yahoo.com logoSydney Adventist Hospital Supports Patient Care with Reliable Document Exchange
finance.yahoo.com - August 23 at 9:57 AM
finance.yahoo.com logoETFs with exposure to Open Text Corp. : August 18, 2017
finance.yahoo.com - August 19 at 6:20 AM
americanbankingnews.com logoOpen Text Corporation (NASDAQ:OTEX) Given Consensus Rating of "Buy" by Analysts
www.americanbankingnews.com - August 11 at 6:18 PM
finance.yahoo.com logoOpen Text Corp
finance.yahoo.com - August 11 at 7:19 AM
finance.yahoo.com logoIHS Markit Score upgrades Open Text Corp to 77 out of 100, ranking positively in two out of four IHS Markit categories.
finance.yahoo.com - August 11 at 7:19 AM
finance.yahoo.com logoOpen Text Corp. breached its 50 day moving average in a Bearish Manner : OTEX-US : August 10, 2017
finance.yahoo.com - August 11 at 7:19 AM
finance.yahoo.com logoSee what the IHS Markit Score report has to say about Open Text Corp.
finance.yahoo.com - August 10 at 6:35 AM
finance.yahoo.com logoCenter for Life Management Enhances Patient and Staff Experience with OpenText
finance.yahoo.com - August 9 at 6:10 AM
finance.yahoo.com logoOpen Text Corp. :OTEX-US: Earnings Analysis: 2017 By the Numbers : August 8, 2017
finance.yahoo.com - August 9 at 6:10 AM
americanbankingnews.com logoCritical Review: The Descartes Systems Group (DSGX) and Open Text Corporation (NASDAQ:OTEX)
www.americanbankingnews.com - August 8 at 10:18 PM
americanbankingnews.com logoOpen Text Corporation (NASDAQ:OTEX) Announces Quarterly Earnings Results, Misses Estimates By $0.07 EPS
www.americanbankingnews.com - August 5 at 6:44 PM
finance.yahoo.com logoCANADA STOCKS-Banks, energy boost TSX; on track for 0.7 pct gain on week
finance.yahoo.com - August 5 at 5:42 AM
americanbankingnews.com logoOpen Text Corporation to Issue Quarterly Dividend of $0.13 (OTEX)
www.americanbankingnews.com - August 4 at 6:50 PM
americanbankingnews.com logoOpen Text Corporation (NASDAQ:OTEX) Price Target Raised to $43.00 at Barclays PLC
www.americanbankingnews.com - August 4 at 6:04 PM
americanbankingnews.com logoOpen Text Corporation (OTEX) Rating Reiterated by Scotiabank
www.americanbankingnews.com - August 4 at 3:48 PM
americanbankingnews.com logoOpen Text Corporation's (OTEX) Outperform Rating Reiterated at BMO Capital Markets
www.americanbankingnews.com - August 4 at 2:28 PM
seekingalpha.com logoOpen Text's (OTEX) CEO Mark Barrenechea on Q4 2017 Results - Earnings Call Transcript
seekingalpha.com - August 4 at 6:45 AM
finance.yahoo.com logoInvestor Network: Open Text Corporation to Host Earnings Call
finance.yahoo.com - August 4 at 6:45 AM
finance.yahoo.com logoOpenText Reports Fourth Quarter and Fiscal Year 2017 Financial Results
finance.yahoo.com - August 4 at 6:45 AM
finance.yahoo.com logoOpen Text posts 4Q profit
finance.yahoo.com - August 4 at 6:45 AM
finance.yahoo.com logoEdited Transcript of OTEX earnings conference call or presentation 3-Aug-17 9:00pm GMT
finance.yahoo.com - August 4 at 6:45 AM
finance.yahoo.com logoEldorado Delivers Enhanced Business Intelligence Capabilities with OpenText
finance.yahoo.com - August 2 at 6:44 AM
finance.yahoo.com logoOpen Text Corp. – Value Analysis (NASDAQ:OTEX) : July 31, 2017
finance.yahoo.com - August 1 at 12:48 AM
prnewswire.com logoWeissLaw LLP: Guidance Software, Inc. Acquisition Is the Subject of a Legal Investigation - PR Newswire (press release)
www.prnewswire.com - July 29 at 6:08 AM
streetinsider.com logoGuidance Software (GUID) Reports $240M Merger Agreement with OpenText (OTEX) - StreetInsider.com
www.streetinsider.com - July 28 at 6:31 AM
americanbankingnews.com logoOpen Text Corporation (OTEX) Set to Announce Earnings on Thursday
www.americanbankingnews.com - July 27 at 2:38 PM

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Chart

Open Text Corporation (OTEX) Chart for Thursday, October, 19, 2017

This page was last updated on 10/19/2017 by MarketBeat.com Staff

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