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Open Text (OTEX) Competitors

C$42.74
+0.27 (+0.64%)
(As of 01:32 PM ET)

OTEX vs. DSG, KXS, LSPD, LWRK, ENGH, DCBO, CMG, DND, TCS, and SYZ

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), Lightspeed Commerce (LSPD), LifeWorks (LWRK), Enghouse Systems (ENGH), Docebo (DCBO), Computer Modelling Group (CMG), Dye & Durham (DND), Tecsys (TCS), and Sylogist (SYZ). These companies are all part of the "software - application" industry.

Open Text vs.

The Descartes Systems Group (TSE:DSG) and Open Text (TSE:OTEX) are both large-cap computer and technology companies, but which is the superior business? We will contrast the two businesses based on the strength of their risk, media sentiment, dividends, profitability, earnings, community ranking, analyst recommendations, valuation and institutional ownership.

Open Text has higher revenue and earnings than The Descartes Systems Group. Open Text is trading at a lower price-to-earnings ratio than The Descartes Systems Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
The Descartes Systems GroupC$572.93M20.49C$115.91MC$1.8275.55
Open TextC$5.90B1.95C$168.13MC$0.8450.94

86.1% of The Descartes Systems Group shares are owned by institutional investors. Comparatively, 78.0% of Open Text shares are owned by institutional investors. 0.0% of The Descartes Systems Group shares are owned by insiders. Comparatively, 2.2% of Open Text shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

In the previous week, Open Text had 2 more articles in the media than The Descartes Systems Group. MarketBeat recorded 2 mentions for Open Text and 0 mentions for The Descartes Systems Group. The Descartes Systems Group's average media sentiment score of 0.30 beat Open Text's score of 0.10 indicating that Open Text is being referred to more favorably in the news media.

Company Overall Sentiment
The Descartes Systems Group Neutral
Open Text Neutral

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.

CompanyUnderperformOutperform
The Descartes Systems GroupOutperform Votes
370
64.01%
Underperform Votes
208
35.99%
Open TextOutperform Votes
381
71.62%
Underperform Votes
151
28.38%

The Descartes Systems Group has a net margin of 20.23% compared to The Descartes Systems Group's net margin of 2.85%. Open Text's return on equity of 9.92% beat The Descartes Systems Group's return on equity.

Company Net Margins Return on Equity Return on Assets
The Descartes Systems Group20.23% 9.92% 7.37%
Open Text 2.85%4.08%3.57%

The Descartes Systems Group presently has a consensus price target of C$89.67, suggesting a potential downside of 34.65%. Open Text has a consensus price target of C$53.00, suggesting a potential upside of 24.41%. Given The Descartes Systems Group's stronger consensus rating and higher possible upside, analysts clearly believe Open Text is more favorable than The Descartes Systems Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
The Descartes Systems Group
1 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.25
Open Text
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

The Descartes Systems Group has a beta of 0.75, indicating that its share price is 25% less volatile than the S&P 500. Comparatively, Open Text has a beta of 1.12, indicating that its share price is 12% more volatile than the S&P 500.

Summary

Open Text beats The Descartes Systems Group on 10 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

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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OTEX vs. The Competition

MetricOpen TextSoftware IndustryComputer SectorTSE Exchange
Market CapC$11.53BC$2.23BC$21.70BC$4.09B
Dividend Yield3.30%2.94%2.65%7.10%
P/E Ratio50.94823.32223.3626.03
Price / Sales1.954,473.51558.371,625.48
Price / Cash5.9418.2931.3968.50
Price / Book2.7912.336.963.39
Net IncomeC$168.13MC$7.95MC$622.26MC$259.24M
7 Day Performance0.92%1.85%0.00%1.04%
1 Month Performance5.32%3.05%3.98%5.36%
1 Year Performance-22.55%60.46%13.05%16.28%

Open Text Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
DSG
The Descartes Systems Group
0.4141 of 5 stars
0.41 / 5 stars
C$141.92
+0.8%
C$89.67
-36.8%
+29.7%C$12.12BC$572.93M77.9829
KXS
Kinaxis
0.6288 of 5 stars
0.63 / 5 stars
C$167.75
+0.8%
C$196.56
+17.2%
-11.6%C$4.76BC$445.21M232.99662Analyst Revision
Positive News
LSPD
Lightspeed Commerce
0.8465 of 5 stars
0.85 / 5 stars
C$19.49
+2.3%
C$26.50
+36.0%
-19.6%C$2.99BC$909.27M-13.353,000
LWRK
LifeWorks
0 of 5 stars
0.00 / 5 stars
N/AN/AN/AC$2.24BC$1.03B87.22N/AHigh Trading Volume
ENGH
Enghouse Systems
1.4652 of 5 stars
1.47 / 5 stars
C$31.53
+0.4%
C$38.00
+20.5%
-1.1%C$1.75BC$468.08M23.711,882
DCBO
Docebo
0 of 5 stars
0.00 / 5 stars
C$52.99
+1.8%
C$83.50
+57.6%
+0.6%C$1.61BC$190.78M182.72900
CMG
Computer Modelling Group
2.5068 of 5 stars
2.51 / 5 stars
C$13.89
+1.1%
C$12.44
-10.4%
+88.7%C$1.13BC$96.65M47.90290
DND
Dye & Durham
0.9381 of 5 stars
0.94 / 5 stars
C$13.38
+2.1%
C$22.00
+64.4%
-31.3%C$895.12MC$457.77M-4.941,400News Coverage
TCS
Tecsys
0.2756 of 5 stars
0.28 / 5 stars
C$39.40
+3.5%
C$45.25
+14.8%
+43.3%C$587.45MC$168.48M281.43655Gap Up
SYZ
Sylogist
0.5174 of 5 stars
0.52 / 5 stars
C$10.37
+1.4%
C$12.08
+16.5%
+44.1%C$242.97MC$65.89M518.50N/AAnalyst Revision
News Coverage
Positive News

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This page (TSE:OTEX) was last updated on 7/22/2024 by MarketBeat.com Staff

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