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.
The Descartes Systems Group (TSE:DSG) and Open Text (TSE:OTEX) are both large-cap computer and technology companies, but which is the better stock? We will contrast the two businesses based on the strength of their dividends, institutional ownership, community ranking, media sentiment, earnings, analyst recommendations, risk, profitability and valuation.
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.
In the previous week, The Descartes Systems Group had 12 more articles in the media than Open Text. MarketBeat recorded 12 mentions for The Descartes Systems Group and 0 mentions for Open Text. The Descartes Systems Group's average media sentiment score of 0.00 beat Open Text's score of -0.13 indicating that Open Text is being referred to more favorably in the news media.
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.
The Descartes Systems Group has a beta of 0.75, meaning that its share price is 25% less volatile than the S&P 500. Comparatively, Open Text has a beta of 1.12, meaning that its share price is 12% more volatile than the S&P 500.
The Descartes Systems Group presently has a consensus price target of C$89.67, indicating a potential downside of 28.76%. Open Text has a consensus price target of C$53.00, indicating a potential upside of 32.90%. Given The Descartes Systems Group's stronger consensus rating and higher probable upside, analysts plainly believe Open Text is more favorable than The Descartes Systems Group.
86.1% of The Descartes Systems Group shares are held by institutional investors. Comparatively, 78.0% of Open Text shares are held by institutional investors. 0.0% of The Descartes Systems Group shares are held by insiders. Comparatively, 2.2% of Open Text shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.
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.
Summary
The Descartes Systems Group and Open Text tied by winning 9 of the 18 factors compared between the two stocks.
Get Open Text News Delivered to You Automatically
Sign up to receive the latest news and ratings for OTEX and its competitors with MarketBeat's FREE daily newsletter.
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.
Open Text Competitors List
Related Companies and Tools
