Free Trial

Open Text (OTEX) Competitors

Open Text logo
C$39.78
-0.62 (-1.53%)
(As of 11/4/2024 ET)

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

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), Tecsys (TCS), and Blackline Safety (BLN). 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 superior stock? We will contrast the two businesses based on the strength of their risk, media sentiment, profitability, institutional ownership, valuation, community ranking, earnings, analyst recommendations and dividends.

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$607.70M20.99C$127.79MC$1.9974.98
Open TextC$5.77B1.85C$465.09MC$2.3616.86

The Descartes Systems Group currently has a consensus price target of C$89.67, suggesting a potential downside of 39.91%. Open Text has a consensus price target of C$53.00, suggesting a potential upside of 33.23%. Given Open Text's stronger consensus rating and higher probable upside, analysts plainly believe Open Text is more favorable than The Descartes Systems Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
The Descartes Systems Group
1 Sell rating(s)
1 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.60
Open Text
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00

In the previous week, Open Text had 2 more articles in the media than The Descartes Systems Group. MarketBeat recorded 5 mentions for Open Text and 3 mentions for The Descartes Systems Group. Open Text's average media sentiment score of 0.16 beat The Descartes Systems Group's score of -0.03 indicating that Open Text is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
The Descartes Systems Group
0 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Open Text
0 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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%

87.1% of The Descartes Systems Group shares are owned by institutional investors. Comparatively, 77.5% of Open Text shares are owned by institutional investors. 0.0% of The Descartes Systems Group shares are owned by insiders. Comparatively, 2.1% of Open Text 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.

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

Open Text received 10 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 64.08% of users gave The Descartes Systems Group an outperform vote.

CompanyUnderperformOutperform
The Descartes Systems GroupOutperform Votes
371
64.08%
Underperform Votes
208
35.92%
Open TextOutperform Votes
381
71.62%
Underperform Votes
151
28.38%

Summary

Open Text beats The Descartes Systems Group on 12 of the 19 factors compared between the two stocks.

Get Open Text News Delivered to You Automatically

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

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.
Skip Chart

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.
Skip Chart

OTEX vs. The Competition

MetricOpen TextSoftware IndustryComputer SectorTSE Exchange
Market CapC$10.67BC$2.43BC$22.62BC$4.57B
Dividend Yield3.04%3.11%2.78%6.82%
P/E Ratio16.86773.57254.0926.03
Price / Sales1.854,925.393,445.081,257.71
Price / Cash5.9417.2230.9177.14
Price / Book2.5113.626.563.27
Net IncomeC$465.09MC$32.13MC$658.20MC$264.50M
7 Day Performance-15.54%0.49%-0.78%0.13%
1 Month PerformanceN/A-0.38%0.41%1.37%
1 Year Performance-19.85%20.49%18.25%41.30%

Open Text Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OTEX
Open Text
3.3163 of 5 stars
C$39.78
-1.5%
C$53.00
+33.2%
-19.8%C$10.67BC$5.77B16.8622,900
DSG
The Descartes Systems Group
1.0909 of 5 stars
C$149.22
+0.5%
C$89.67
-39.9%
+49.5%C$12.76BC$607.70M74.9850,800
KXS
Kinaxis
1.6982 of 5 stars
C$162.91
-1.9%
C$192.67
+18.3%
+11.3%C$4.60BC$457.72M162.91662Earnings Report
Positive News
LSPD
Lightspeed Commerce
1.5823 of 5 stars
C$21.01
+1.2%
C$28.08
+33.7%
+2.9%C$3.18BC$966.28M-15.681,800
LWRK
LifeWorks
N/AC$32.27
+0.2%
N/AN/AC$2.24BC$1.03B87.22N/AHigh Trading Volume
DCBO
Docebo
3.4614 of 5 stars
C$66.65
-1.3%
C$83.50
+25.3%
+12.0%C$2.01BC$200.24M91.30730
ENGH
Enghouse Systems
2.7273 of 5 stars
C$30.00
-1.5%
C$35.50
+18.3%
-12.2%C$1.66BC$499.93M19.741,882Dividend Announcement
DND
Dye & Durham
1.1371 of 5 stars
C$19.71
+1.0%
C$22.08
+12.0%
+94.4%C$1.32BC$457.70M-6.731,400Upcoming Earnings
CMG
Computer Modelling Group
1.5121 of 5 stars
C$11.91
+1.8%
C$13.89
+16.6%
+22.5%C$974.83MC$118.45M42.54105,000Upcoming Earnings
News Coverage
TCS
Tecsys
0.5763 of 5 stars
C$40.98
+3.0%
C$45.33
+10.6%
+54.4%C$606.09MC$171.54M409.805,200
BLN
Blackline Safety
1.6636 of 5 stars
C$6.18
flat
C$7.00
+13.3%
-30.7%C$504.72MC$121.63M-26.87496Positive News

Related Companies and Tools


This page (TSE:OTEX) was last updated on 11/5/2024 by MarketBeat.com Staff
From Our Partners