OTEX vs. DSG, KXS, CLS, GIB.A, LSPD, DCBO, ENGH, DND, CMG, and TCS
Should you be buying Open Text stock or one of its competitors? The main competitors of Open Text include The Descartes Systems Group (DSG), Kinaxis (KXS), Celestica (CLS), CGI (GIB.A), Lightspeed Commerce (LSPD), Docebo (DCBO), Enghouse Systems (ENGH), Dye & Durham (DND), Computer Modelling Group (CMG), and Tecsys (TCS). These companies are all part of the "computer and technology" sector.
Open Text (TSE:OTEX) and The Descartes Systems Group (TSE:DSG) are both large-cap computer and technology companies, but which is the better business? We will compare the two businesses based on the strength of their earnings, analyst recommendations, dividends, institutional ownership, community ranking, media sentiment, valuation, profitability and risk.
The Descartes Systems Group has a net margin of 20.23% compared to Open Text's net margin of 2.24%. The Descartes Systems Group's return on equity of 9.92% beat Open Text's return on equity.
Open Text received 11 more outperform votes than The Descartes Systems Group when rated by MarketBeat users. Likewise, 71.62% of users gave Open Text an outperform vote while only 64.01% of users gave The Descartes Systems Group an outperform vote.
Open Text has a beta of 1.1, suggesting that its share price is 10% more volatile than the S&P 500. Comparatively, The Descartes Systems Group has a beta of 0.76, suggesting that its share price is 24% less volatile than the S&P 500.
77.9% of Open Text shares are owned by institutional investors. Comparatively, 87.8% of The Descartes Systems Group shares are owned by institutional investors. 2.2% of Open Text shares are owned by company insiders. Comparatively, 0.0% of The Descartes Systems Group shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.
Open Text has higher revenue and earnings than The Descartes Systems Group. The Descartes Systems Group is trading at a lower price-to-earnings ratio than Open Text, indicating that it is currently the more affordable of the two stocks.
Open Text currently has a consensus price target of C$51.50, suggesting a potential upside of 3.85%. The Descartes Systems Group has a consensus price target of C$89.67, suggesting a potential downside of 30.97%. Given Open Text's stronger consensus rating and higher probable upside, analysts plainly believe Open Text is more favorable than The Descartes Systems Group.
In the previous week, The Descartes Systems Group had 6 more articles in the media than Open Text. MarketBeat recorded 7 mentions for The Descartes Systems Group and 1 mentions for Open Text. The Descartes Systems Group's average media sentiment score of 0.21 beat Open Text's score of 0.00 indicating that The Descartes Systems Group is being referred to more favorably in the news media.
Summary
Open Text and The Descartes Systems Group tied by winning 9 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding OTEX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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