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Open Text (OTEX) Competitors

Open Text logo
C$40.69 +0.31 (+0.77%)
(As of 02:20 PM 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.

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

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 endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

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
Open Text8.06% 11.32% 4.03%
The Descartes Systems Group 21.03%10.28%7.51%

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$5.77B1.89C$465.09MC$2.3617.24
The Descartes Systems GroupC$607.70M22.56C$127.79MC$1.9980.60

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

In the previous week, The Descartes Systems Group had 5 more articles in the media than Open Text. MarketBeat recorded 6 mentions for The Descartes Systems Group and 1 mentions for Open Text. The Descartes Systems Group's average media sentiment score of 0.72 beat Open Text's score of 0.00 indicating that The Descartes Systems Group is being referred to more favorably in the news media.

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

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 63.97% 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
371
63.97%
Underperform Votes
209
36.03%

Open Text currently has a consensus target price of C$53.00, suggesting a potential upside of 30.25%. The Descartes Systems Group has a consensus target price of C$89.67, suggesting a potential downside of 44.09%. Given Open Text's stronger consensus rating and higher probable upside, equities analysts clearly believe Open Text is more favorable than The Descartes Systems Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Open Text
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
The Descartes Systems Group
0 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.80

Summary

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

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$10.91BC$2.89BC$23.92BC$6.20B
Dividend Yield3.04%3.06%2.76%5.31%
P/E Ratio17.24816.03234.6126.60
Price / Sales1.894,636.403,479.551,488.52
Price / Cash5.9417.1033.0882.35
Price / Book2.5713.056.883.13
Net IncomeC$465.09MC$29.91MC$659.20MC$292.70M
7 Day Performance0.05%-0.10%1.28%1.40%
1 Month Performance-12.14%0.88%1.93%13.24%
1 Year Performance-23.31%20.41%20.32%44.39%

Open Text Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
OTEX
Open Text
2.9991 of 5 stars
C$40.69
+0.8%
C$53.00
+30.3%
-24.4%C$10.91BC$5.77B17.2422,900
DSG
The Descartes Systems Group
1.3628 of 5 stars
C$160.39
+0.5%
C$89.67
-44.1%
+43.5%C$13.71BC$607.70M80.2050,800
KXS
Kinaxis
1.3928 of 5 stars
C$168.13
-0.3%
C$192.67
+14.6%
+10.9%C$4.75BC$457.72M167.54662
LSPD
Lightspeed Commerce
0.9137 of 5 stars
C$24.86
+1.0%
C$28.08
+13.0%
+7.7%C$3.77BC$966.28M-18.371,800News Coverage
LWRK
LifeWorks
N/AN/AN/AN/AC$2.24BC$1.03B87.22N/AHigh Trading Volume
DCBO
Docebo
3.3319 of 5 stars
C$67.31
+0.1%
C$88.00
+30.7%
-3.8%C$2.03BC$200.24M92.08730
ENGH
Enghouse Systems
N/AC$29.04
-0.3%
C$35.50
+22.2%
-15.2%C$1.61BC$499.93M19.171,882Dividend Announcement
DND
Dye & Durham
1.4376 of 5 stars
C$18.05
-2.0%
C$22.08
+22.3%
+40.3%C$1.21BC$457.70M-6.291,400
CMG
Computer Modelling Group
3.2329 of 5 stars
C$10.24
+1.8%
C$13.50
+31.8%
+2.1%C$838.14MC$118.45M35.93105,000Insider Trade
TCS
Tecsys
0.1347 of 5 stars
C$44.62
flat
C$45.33
+1.6%
+48.4%C$659.93MC$171.54M446.205,200
BLN
Blackline Safety
0.8126 of 5 stars
C$6.49
-0.2%
C$7.00
+7.9%
-27.1%C$530.04MC$121.63M-28.26496

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This page (TSE:OTEX) was last updated on 11/21/2024 by MarketBeat.com Staff
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