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TSE:OTEXOpen Text Stock Price, Forecast & News

C$58.65
+0.29 (+0.50 %)
(As of 07/3/2020 04:00 PM ET)
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Today's Range
C$58.15
Now: C$58.65
C$58.85
50-Day Range
C$53.32
MA: C$56.88
C$59.10
52-Week Range
C$42.30
Now: C$58.65
C$63.43
Volume145,772 shs
Average Volume790,859 shs
Market CapitalizationC$15.88 billion
P/E Ratio56.67
Dividend Yield1.63%
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. 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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Beat the Market (BTM) Rank

Analyst Opinion: 1.0Community Rank: 2.8Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.09 out of 5 stars


Industry, Sector and Symbol

Industry Software - Application
Sub-IndustryN/A
CUSIPN/A
CIKN/A
Phone+1-519-8887111

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesC$3.03 billion
Cash FlowC$5.41 per share
Book ValueC$14.76 per share

Profitability

Miscellaneous

Employees12,800
Market CapC$15.88 billion
Next Earnings DateN/A
OptionableOptionable

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Open Text (TSE:OTEX) Frequently Asked Questions

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

Open Text's stock was trading at C$51.75 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, OTEX stock has increased by 13.3% and is now trading at C$58.65. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Open Text?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Open Text in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Open Text.

What price target have analysts set for OTEX?

1 Wall Street analysts have issued 1 year target prices for Open Text's shares. Their forecasts range from C$58.00 to C$58.00. On average, they anticipate Open Text's stock price to reach C$58.00 in the next twelve months. This suggests that the stock has a possible downside of 1.1%. View analysts' price targets for Open Text.

Has Open Text been receiving favorable news coverage?

Media stories about OTEX stock have trended somewhat negative on Friday, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Open Text earned a coverage optimism score of -1.3 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news about 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 following 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)

What is Open Text's stock symbol?

Open Text trades on the Toronto Stock Exchange (TSX) under the ticker symbol "OTEX."

How do I buy shares of Open Text?

Shares of OTEX and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade, and Charles Schwab.

What is Open Text's stock price today?

One share of OTEX stock can currently be purchased for approximately C$58.65.

How big of a company is Open Text?

Open Text has a market capitalization of C$15.88 billion and generates C$3.03 billion in revenue each year. Open Text employs 12,800 workers across the globe.

What is Open Text's official website?

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

How can I contact Open Text?

Open Text's mailing address is 275 Frank Tompa Dr, WATERLOO, ON N2L 0A1, Canada. The company can be reached via phone at +1-519-8887111.

This page was last updated on 7/3/2020 by MarketBeat.com Staff

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