OTEX vs. DSG, KXS, CLS, NVEI, GIB.A, LSPD, ENGH, DCBO, DND, and CMG
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), Nuvei (NVEI), CGI (GIB.A), Lightspeed Commerce (LSPD), Enghouse Systems (ENGH), Docebo (DCBO), Dye & Durham (DND), and Computer Modelling Group (CMG). 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 superior stock? We will contrast the two businesses based on the strength of their dividends, institutional ownership, earnings, valuation, media sentiment, profitability, analyst recommendations, community ranking and risk.
The Descartes Systems Group has a net margin of 20.23% compared to Open Text's net margin of 2.85%. The Descartes Systems Group's return on equity of 9.92% beat Open Text's return on equity.
77.2% of Open Text shares are owned by institutional investors. Comparatively, 86.8% of The Descartes Systems Group shares are owned by institutional investors. 2.2% of Open Text shares are owned by insiders. Comparatively, 0.0% of The Descartes Systems Group shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
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 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.
Open Text has a beta of 1.1, meaning that its share price is 10% more volatile than the S&P 500. Comparatively, The Descartes Systems Group has a beta of 0.75, meaning that its share price is 25% less volatile than the S&P 500.
In the previous week, Open Text had 1 more articles in the media than The Descartes Systems Group. MarketBeat recorded 1 mentions for Open Text and 0 mentions for The Descartes Systems Group. Open Text's average media sentiment score of 0.59 beat The Descartes Systems Group's score of 0.00 indicating that Open Text is being referred to more favorably in the media.
Open Text presently has a consensus price target of C$53.00, indicating a potential upside of 26.92%. The Descartes Systems Group has a consensus price target of C$89.67, indicating a potential downside of 32.50%. Given Open Text's stronger consensus rating and higher probable upside, analysts clearly believe Open Text is more favorable than The Descartes Systems Group.
Summary
Open Text beats The Descartes Systems Group on 10 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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