OTEX vs. PSN, SPSC, CACI, SAIC, PEGA, JKHY, AGYS, VRNT, TLS, and GDDY
Should you be buying Open Text stock or one of its competitors? The main competitors of Open Text include Parsons (PSN), SPS Commerce (SPSC), CACI International (CACI), Science Applications International (SAIC), Pegasystems (PEGA), Jack Henry & Associates (JKHY), Agilysys (AGYS), Verint Systems (VRNT), Telos (TLS), and GoDaddy (GDDY).
Parsons (NYSE:PSN) and Open Text (NASDAQ:OTEX) are both business services companies, but which is the better stock? We will compare the two companies based on the strength of their valuation, earnings, analyst recommendations, media sentiment, institutional ownership, community ranking, dividends, risk and profitability.
Parsons has a beta of 0.86, meaning that its share price is 14% less volatile than the S&P 500. Comparatively, Open Text has a beta of 1.1, meaning that its share price is 10% more volatile than the S&P 500.
Open Text received 467 more outperform votes than Parsons when rated by MarketBeat users. Likewise, 67.57% of users gave Open Text an outperform vote while only 57.14% of users gave Parsons an outperform vote.
98.0% of Parsons shares are held by institutional investors. Comparatively, 70.4% of Open Text shares are held by institutional investors. 56.0% of Parsons shares are held by company insiders. Comparatively, 10.6% of Open Text shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Open Text has a net margin of 2.85% compared to Open Text's net margin of 0.49%. Parsons' return on equity of 24.45% beat Open Text's return on equity.
Parsons has higher revenue and earnings than Open Text. Open Text is trading at a lower price-to-earnings ratio than Parsons, indicating that it is currently the more affordable of the two stocks.
Parsons presently has a consensus target price of $83.10, indicating a potential upside of 8.61%. Open Text has a consensus target price of $42.25, indicating a potential upside of 38.62%. Given Parsons' higher probable upside, analysts plainly believe Open Text is more favorable than Parsons.
In the previous week, Parsons had 9 more articles in the media than Open Text. MarketBeat recorded 11 mentions for Parsons and 2 mentions for Open Text. Parsons' average media sentiment score of 1.75 beat Open Text's score of 0.19 indicating that Open Text is being referred to more favorably in the news media.
Summary
Parsons beats Open Text on 10 of the 19 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 NASDAQ 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
