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Open Text (OTEX) Competitors

Open Text logo
C$37.02 +0.08 (+0.22%)
As of 04:15 PM Eastern

OTEX vs. DSG, KXS, LWRK, LSPD, ENGH, DCBO, DND, ABST, CMG, 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), LifeWorks (LWRK), Lightspeed Commerce (LSPD), Enghouse Systems (ENGH), Docebo (DCBO), Dye & Durham (DND), Absolute Software (ABST), Computer Modelling Group (CMG), and Tecsys (TCS). These companies are all part of the "software - application" industry.

Open Text vs.

Open Text (TSE:OTEX) and The Descartes Systems Group (TSE:DSG) are both mid-cap computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, dividends, risk, valuation, profitability, earnings, media sentiment and community ranking.

The Descartes Systems Group has a net margin of 21.80% compared to Open Text's net margin of 12.21%. Open Text's return on equity of 15.83% beat The Descartes Systems Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Open Text12.21% 15.83% 4.03%
The Descartes Systems Group 21.80%10.65%7.51%

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

The Descartes Systems Group has a consensus price target of C$110.00, suggesting a potential downside of 30.88%. Given The Descartes Systems Group's stronger consensus rating and higher possible upside, analysts clearly believe The Descartes Systems Group is more favorable than Open Text.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Open Text
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
0.00
The Descartes Systems Group
0 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
3 Strong Buy rating(s)
3.33

Open Text received 8 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 64.09% of users gave The Descartes Systems Group an outperform vote.

CompanyUnderperformOutperform
Open TextOutperform Votes
381
71.62%
Underperform Votes
151
28.38%
The Descartes Systems GroupOutperform Votes
373
64.09%
Underperform Votes
209
35.91%

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

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
Open TextC$3.73B1.84C$455.93MC$3.5410.56
The Descartes Systems GroupC$447.94M21.52C$97.67MC$2.2869.89

In the previous week, The Descartes Systems Group had 4 more articles in the media than Open Text. MarketBeat recorded 4 mentions for The Descartes Systems Group and 0 mentions for Open Text. The Descartes Systems Group's average media sentiment score of 0.26 beat Open Text's score of -1.08 indicating that The Descartes Systems Group is being referred to more favorably in the news media.

Company Overall Sentiment
Open Text Negative
The Descartes Systems Group Neutral

Summary

The Descartes Systems Group beats Open Text on 11 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$6.89BC$5.42BC$24.40BC$5.60B
Dividend Yield3.47%3.18%2.78%6.48%
P/E Ratio10.5627.6743.9629.83
Price / Sales1.84283.962,566.57439.68
Price / Cash5.9416.5934.5582.94
Price / Book2.368.976.273.53
Net IncomeC$455.93MC$63.25MC$733.16MC$298.86M
7 Day Performance-2.43%-2.08%-3.00%-2.22%
1 Month Performance-11.20%-4.51%-4.85%-2.13%
1 Year Performance-30.41%1.75%8.45%30.17%

Open Text Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OTEX
Open Text
N/AC$37.02
+0.2%
N/A-30.6%C$6.83BC$3.73B10.4722,900Negative News
DSG
The Descartes Systems Group
0.8906 of 5 stars
C$158.17
-0.7%
C$110.00
-30.5%
+32.9%C$9.58BC$447.94M69.4750,800
KXS
Kinaxis
0.8592 of 5 stars
C$151.40
-2.4%
C$192.67
+27.3%
+8.0%C$3.05BC$335.79M150.26662High Trading Volume
LWRK
LifeWorks
N/AN/AN/AN/AC$2.24BC$1.03B87.22N/AHigh Trading Volume
LSPD
Lightspeed Commerce
1.2619 of 5 stars
C$18.66
-0.3%
C$20.31
+8.9%
-9.0%C$2.03BC$740.40M-16.581,800News Coverage
ENGH
Enghouse Systems
2.8216 of 5 stars
C$26.28
-0.3%
C$33.33
+26.8%
-28.4%C$1.46BC$504.55M18.021,882News Coverage
DCBO
Docebo
1.9306 of 5 stars
C$55.06
-1.7%
C$88.00
+59.8%
-34.1%C$1.18BC$147.27M65.45730Analyst Upgrade
News Coverage
DND
Dye & Durham
2.403 of 5 stars
C$14.68
+24.9%
C$22.50
+53.3%
-8.0%C$1.02BC$476.15M-5.991,400High Trading Volume
ABST
Absolute Software
N/AN/AN/AN/AC$807.42MC$222.06M-23.03740
CMG
Computer Modelling Group
3.0934 of 5 stars
C$8.31
-0.7%
C$13.13
+57.9%
-20.1%C$670.49MC$124.85M27.40105,000Dividend Announcement
News Coverage
TCS
Tecsys
0.3198 of 5 stars
C$44.28
-1.6%
C$46.50
+5.0%
+15.8%C$652.87MC$171.75M254.355,200

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This page (TSE:OTEX) was last updated on 3/4/2025 by MarketBeat.com Staff
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