Free Trial

Open Text (OTEX) Stock Price, News & Analysis

Open Text logo
$26.83 -0.63 (-2.29%)
Closing price 02/21/2025 04:00 PM Eastern
Extended Trading
$26.80 -0.03 (-0.11%)
As of 02/21/2025 06:58 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Open Text Stock (NASDAQ:OTEX)

Key Stats

Today's Range
$26.81
$27.52
50-Day Range
$27.19
$30.39
52-Week Range
$26.81
$40.55
Volume
792,567 shs
Average Volume
775,416 shs
Market Capitalization
$7.08 billion
P/E Ratio
10.91
Dividend Yield
3.91%
Price Target
$35.18
Consensus Rating
Hold

Company Overview

Open Text Corporation provides information management software and solutions. The company offers content services, which includes content collaboration and intelligent capture to records management, collaboration, e-signatures, and archiving; and operates experience cloud platform that provides customer experience and web content management, digital asset management, customer analytics, AI and insights, e-discovery, digital fax, omnichannel communications, secure messaging, and voice of customer, as well as customer journey, testing, and segmentation. It also provides cybersecurity cloud solutions to protect, prevent, detect, respond and quickly recover from threats across endpoints, network, applications, IT infrastructure and data, AI-led threat intelligence; and to protect critical information and processes through threat intelligence, forensics, identity, encryption, and cloud-based application security. In addition, the company offers business network cloud for digital supply chains and secure e-commerce ecosystems including digitize and automate procure-to-pay and order-to-cash processes; IT operations management cloud for automation and advancement of IT support and asset management; and analytics & AI cloud solutions that offers artificial intelligence with practical usage to provide organizations with actionable insights and better automation, such as visualizations, advanced natural language processing and understanding, and integrated computer vision capabilities. In addition, it provides application automation cloud, developers cloud, and services. Further, it has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, DXC Technology Company, Accenture plc, Capgemini Technology Services SAS, Deloitte Consulting LLP, Hewlett Packard Enterprises, and Tata Consultancy Services. Open Text Corporation was incorporated in 1991 and is headquartered in Waterloo, Canada.

Open Text Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
99th Percentile Overall Score

OTEX MarketRank™: 

Open Text scored higher than 99% of companies evaluated by MarketBeat, and ranked 7th out of 656 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Open Text has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 3 buy ratings, 9 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Open Text has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Open Text's stock forecast and price target.
  • Earnings Growth

    Earnings for Open Text are expected to grow by 9.57% in the coming year, from $3.45 to $3.78 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Open Text is 10.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.79.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Open Text is 10.91, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 38.57.

  • Price to Book Value per Share Ratio

    Open Text has a P/B Ratio of 1.67. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

  • Read more about Open Text's valuation and earnings.
  • Percentage of Shares Shorted

    1.74% of the float of Open Text has been sold short.
  • Short Interest Ratio / Days to Cover

    Open Text has a short interest ratio ("days to cover") of 6.4.
  • Change versus previous month

    Short interest in Open Text has recently increased by 1.36%, indicating that investor sentiment is decreasing.
  • Dividend Leadership

    Open Text is a leading dividend payer. It pays a dividend yield of 3.82%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Open Text does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Open Text is 42.68%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Open Text will have a dividend payout ratio of 27.78% next year. This indicates that Open Text will be able to sustain or increase its dividend.

  • Read more about Open Text's dividend.
  • Percentage of Shares Shorted

    1.74% of the float of Open Text has been sold short.
  • Short Interest Ratio / Days to Cover

    Open Text has a short interest ratio ("days to cover") of 6.4.
  • Change versus previous month

    Short interest in Open Text has recently increased by 1.36%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Open Text has a news sentiment score of 1.01. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.65 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 6 news articles for Open Text this week, compared to 5 articles on an average week.
  • Search Interest

    Only 5 people have searched for OTEX on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.
  • MarketBeat Follows

    Only 6 people have added Open Text to their MarketBeat watchlist in the last 30 days. This is a decrease of -14% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Open Text insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    10.58% of the stock of Open Text is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    70.37% of the stock of Open Text is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Open Text's insider trading history.
Receive OTEX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Open Text and its competitors with MarketBeat's FREE daily newsletter.

OTEX Stock News Headlines

Open Text: Still Decent Risk Reward
Warning: Elon’s $20k Robot Might Replace Your Nanny
Tesla’s Robot Revolution Has Begun It’s official… Tesla’s robot revolution is underway… By the end of this year, Tesla plans to produce 600 new “Tesla Bots” per week… Tech insiders believe this could be the company’s next core driver of explosive growth. Some even believe it could be the catalyst that would push shares above the $1,000 mark. That’s essentially a 100% increase from today’s price…
OpenText price target raised to $36 from $34 at Barclays
Open Text (OTEX) Receives a Hold from RBC Capital
Open Text Corporation Reports Q2 FY 2025 Results
See More Headlines

OTEX Stock Analysis - Frequently Asked Questions

Open Text's stock was trading at $28.32 at the start of the year. Since then, OTEX shares have decreased by 5.3% and is now trading at $26.83.
View the best growth stocks for 2025 here
.

Open Text Co. (NASDAQ:OTEX) issued its earnings results on Thursday, February, 6th. The software maker reported $1.02 EPS for the quarter, beating the consensus estimate of $0.92 by $0.10. Open Text had a trailing twelve-month return on equity of 23.23% and a net margin of 12.21%.

Open Text subsidiaries include XMedius, Carbonite, Catalyst Repository Systems, Liaison Technologies, Hightail, OpenText Security, Covisint, and others.

Top institutional investors of Open Text include JARISLOWSKY FRASER Ltd (7.03%), Vanguard Group Inc. (3.99%), Beutel Goodman & Co Ltd. (2.86%) and First Trust Advisors LP (2.76%).

Shares of OTEX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Open Text investors own include Intact Financial (IFC), Constellation Software (CSU), AutoCanada (ACQ), Alimentation Couche-Tard (ATD.B), AbbVie (ABBV), Wheaton Precious Metals (WPM) and NVIDIA (NVDA).

Company Calendar

Ex-Dividend for 12/20 Dividend
11/29/2024
Dividend Payable
12/20/2024
Last Earnings
2/06/2025
Today
2/22/2025
Ex-Dividend for 3/21 Dividend
3/07/2025
Dividend Payable
3/21/2025
Next Earnings (Estimated)
5/01/2025
Fiscal Year End
6/30/2025

Industry, Sector and Symbol

Industry
Computer integrated systems design
Sub-Industry
Computer Software
Current Symbol
NASDAQ:OTEX
Employees
22,900
Year Founded
1991

Price Target and Rating

Average Stock Price Target
$35.18
High Stock Price Target
$48.00
Low Stock Price Target
$31.00
Potential Upside/Downside
+31.1%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
12 Analysts

Profitability

Net Income
$465.09 million
Pretax Margin
17.72%

Debt

Sales & Book Value

Annual Sales
$5.77 billion
Cash Flow
$6.78 per share
Book Value
$16.03 per share

Miscellaneous

Free Float
236,069,000
Market Cap
$7.08 billion
Optionable
Optionable
Beta
1.12

Social Links

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report

This page (NASDAQ:OTEX) was last updated on 2/22/2025 by MarketBeat.com Staff
From Our Partners