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Open Text (OTEX) Competitors

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C$42.76 -0.62 (-1.43%)
As of 01/31/2025 04:21 PM Eastern

OTEX vs. DSG, KXS, LSPD, LWRK, DCBO, ENGH, DND, CMG, ABST, and TCS

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), Docebo (DCBO), Enghouse Systems (ENGH), Dye & Durham (DND), Computer Modelling Group (CMG), Absolute Software (ABST), and Tecsys (TCS). These companies are all part of the "software - application" industry.

Open Text vs.

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 compare the two businesses based on the strength of their institutional ownership, risk, media sentiment, valuation, earnings, community ranking, analyst recommendations, profitability and dividends.

The Descartes Systems Group has a net margin of 21.03% compared to Open Text's net margin of 8.06%. Open Text's return on equity of 11.32% beat The Descartes Systems Group's return on equity.

Company Net Margins Return on Equity Return on Assets
The Descartes Systems Group21.03% 10.28% 7.51%
Open Text 8.06%11.32%4.03%

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. The Descartes Systems Group's average media sentiment score of 0.95 beat Open Text's score of 0.25 indicating that The Descartes Systems Group is being referred to more favorably in the media.

Company Overall Sentiment
The Descartes Systems Group Positive
Open Text Neutral

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
The Descartes Systems GroupC$607.70M23.66C$127.79MC$1.9984.54
Open TextC$5.77B1.99C$465.09MC$2.3618.12

The Descartes Systems Group currently has a consensus target price of C$92.50, indicating a potential downside of 45.02%. Given The Descartes Systems Group's stronger consensus rating and higher possible upside, equities research analysts plainly believe The Descartes Systems Group is more favorable than Open Text.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
The Descartes Systems Group
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
2 Strong Buy rating(s)
3.20
Open Text
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00

87.1% of The Descartes Systems Group shares are held by institutional investors. Comparatively, 77.5% of Open Text shares are held by institutional investors. 0.0% of The Descartes Systems Group shares are held by company insiders. Comparatively, 2.1% of Open Text shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Open Text received 9 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 64.03% of users gave The Descartes Systems Group an outperform vote.

CompanyUnderperformOutperform
The Descartes Systems GroupOutperform Votes
372
64.03%
Underperform Votes
209
35.97%
Open TextOutperform Votes
381
71.62%
Underperform Votes
151
28.38%

The Descartes Systems Group has a beta of 0.74, indicating that its stock price is 26% less volatile than the S&P 500. Comparatively, Open Text has a beta of 1.12, indicating that its stock price is 12% more volatile than the S&P 500.

Summary

The Descartes Systems Group beats Open Text on 10 of the 19 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

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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OTEX vs. The Competition

MetricOpen TextSoftware IndustryComputer SectorTSE Exchange
Market CapC$11.47BC$6.51BC$26.63BC$6.25B
Dividend Yield3.04%3.17%2.73%5.38%
P/E Ratio18.12746.37235.9726.54
Price / Sales1.996,156.203,365.441,220.32
Price / Cash5.9416.7635.7582.59
Price / Book2.7016.988.443.21
Net IncomeC$465.09MC$61.61MC$680.61MC$294.51M
7 Day Performance3.36%1.76%-1.00%0.65%
1 Month Performance5.11%1.60%1.65%3.21%
1 Year Performance-27.57%28.87%25.80%37.70%

Open Text Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OTEX
Open Text
N/AC$42.76
-1.4%
N/A-27.1%C$11.47BC$5.77B18.1222,900
DSG
The Descartes Systems Group
1.4871 of 5 stars
C$167.49
-2.0%
C$92.50
-44.8%
+42.9%C$14.32BC$607.70M84.1750,800
KXS
Kinaxis
1.3321 of 5 stars
C$174.55
-1.0%
C$192.67
+10.4%
+2.2%C$4.93BC$457.72M174.55662News Coverage
Gap Down
LSPD
Lightspeed Commerce
2.1167 of 5 stars
C$20.54
-2.6%
C$31.13
+51.5%
-15.6%C$3.11BC$966.28M-15.331,800News Coverage
LWRK
LifeWorks
N/AN/AN/AN/AC$2.24BC$1.03B87.22N/AHigh Trading Volume
DCBO
Docebo
2.828 of 5 stars
C$61.55
-0.7%
C$88.00
+43.0%
+3.0%C$1.86BC$200.24M84.32730
ENGH
Enghouse Systems
2.1491 of 5 stars
C$27.59
-0.1%
C$33.33
+20.8%
-26.2%C$1.53BC$499.93M18.151,882Dividend Announcement
News Coverage
DND
Dye & Durham
2.2381 of 5 stars
C$14.69
-3.0%
C$24.71
+68.2%
+13.7%C$982.91MC$457.70M-5.011,400
CMG
Computer Modelling Group
2.9778 of 5 stars
C$10.27
+0.2%
C$13.39
+30.4%
+0.2%C$840.60MC$118.45M36.68105,000
ABST
Absolute Software
N/AN/AN/AN/AC$807.42MC$222.06M-23.03740
TCS
Tecsys
0.3499 of 5 stars
C$45.99
+1.1%
C$46.50
+1.1%
+27.3%C$680.19MC$171.54M459.905,200

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This page (TSE:OTEX) was last updated on 2/1/2025 by MarketBeat.com Staff
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