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TSE:OTEX

Open Text (OTEX) Stock Price, News & Analysis

C$42.88
-0.11 (-0.26%)
(As of 08/30/2024 08:56 PM ET)
Today's Range
C$41.92
C$42.90
50-Day Range
C$39.51
C$44.24
52-Week Range
C$37.92
C$60.00
Volume
1.33 million shs
Average Volume
647,128 shs
Market Capitalization
C$11.50 billion
P/E Ratio
18.64
Dividend Yield
3.38%
Price Target
C$53.00

Open Text MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
23.6% Upside
C$53.00 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.08 out of 5 stars

OTEX stock logo

About Open Text Stock (TSE:OTEX)

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.

OTEX Stock Price History

OTEX Stock News Headlines

Update: OTEX, WLDN and FDP, August 2
1,129% REAL MONEY gain in less than 2 days?!?!
The last time, millionaire trader Nate Bear opened his private Daily Profits Live chatroom to the public... he closed a 1,129% gain within just 2 days... (Enough to turn $1,000 into $12,290!) LIVE ON CAMERA!
Is the Options Market Predicting a Spike in Open Text Stock?
Welcome to the Wild West of Canadian tech stocks
1,129% REAL MONEY gain in less than 2 days?!?!
The last time, millionaire trader Nate Bear opened his private Daily Profits Live chatroom to the public... he closed a 1,129% gain within just 2 days... (Enough to turn $1,000 into $12,290!) LIVE ON CAMERA!
RBC Capital Keeps Their Buy Rating on Open Text (OTEX)
CIBC Keeps Their Hold Rating on Open Text (OTEX)
See More Headlines
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Industry, Sector and Symbol

Industry
Software - Application
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
23,600
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$53.00
High Stock Price Target
C$53.00
Low Stock Price Target
C$53.00
Potential Upside/Downside
+23.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
C$465.09 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$5.77 billion
Cash Flow
C$7.22 per share
Book Value
C$15.86 per share

Miscellaneous

Free Float
N/A
Market Cap
C$11.50 billion
Optionable
Not Optionable
Beta
1.13
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Key Executives

  • Mr. Mark J. Barrenechea (Age 59)
    Vice Chairman, CEO & CTO
    Comp: $4.74M
  • Mr. Paul Michael Duggan (Age 48)
    President & Chief Customer Officer
    Comp: $2.54M
  • Ms. Madhu Ranganathan CPA (Age 59)
    M.B.A., President, CFO & Corporate Development
    Comp: $2.46M
  • Mr. Muhi S. Majzoub (Age 64)
    Executive VP & Chief Product Officer
    Comp: $2.15M
  • Mr. Cosmin Balota (Age 50)
    Senior VP & Chief Accounting Officer
  • Mr. Harry Edward Blount
    Senior VP & Global Head of Investor Relations
  • Mr. Michael F. Acedo (Age 43)
    Executive VP, Chief Legal Officer & Corporate Secretary
  • Jen Bell
    Vice President & Chief Communications Officer
  • Ms. Sandy Ono (Age 42)
    Executive VP & Chief Marketing Officer
  • Mr. Todd M. Cione (Age 54)
    President of OpenText Worldwide Sales

OTEX Stock Analysis - Frequently Asked Questions

How have OTEX shares performed this year?

Open Text's stock was trading at C$55.69 at the start of the year. Since then, OTEX shares have decreased by 23.0% and is now trading at C$42.88.
View the best growth stocks for 2024 here
.

How do I buy shares of Open Text?

Shares of OTEX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Open Text own?

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), Vermilion Energy (VET) and Wheaton Precious Metals (WPM).

This page (TSE:OTEX) was last updated on 9/2/2024 by MarketBeat.com Staff

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