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Open Text Corp. (OTEX)
NASDAQ:OTEX
Open Text (OTEX) Stock Price & Analysis
601 Followers
OTEX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$27.54 - $44.78
Previous Close$30.96
Volume612.90K
Average Volume (3M)795.72K
Market Cap
$8.44B
Enterprise Value$15.81B
Total Cash (Recent Filing)$1.29B
Total Debt (Recent Filing)$8.66B
Price to Earnings (P/E)50.3
Beta1.56
Next Earnings
Aug 01, 2024EPS Estimate
$1.02Last Dividend Ex-Date
May 31, 2024Dividend Yield3.24%
Share Statistics
EPS (TTM)0.62
Shares Outstanding272,869,443
10 Day Avg. Volume870,510
30 Day Avg. Volume795,721
Standard Deviation0.09
R-Squared0.46
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)-1.36
Price to Sales (P/S)5.68
Price to Cash Flow (P/CF)5.30
P/FCF Ratio4.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.68
Enterprise Value/Gross Profit4.99
Enterprise Value/Ebitda10.13
Forecast
1Y Price Target
$42.44Price Target Upside37.08% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering8
Open Text News
Bulls Say, Bears Say
Bulls Say
Capital ReturnsIntends to deploy 50% of TTM FCF to dividends and buybacks (up from 30%) and concurrently announced a $250mm NCIB.
Growth PotentialAn acceleration in cloud bookings is noted.
ValuationValuation is undemanding at current levels given its recurring revenue profile, profitability, and plans to return more capital to shareholders.
Bears Say
Financial PerformancePreliminary FY2025 guidance was significantly weaker than expected.
Growth OutlookGuidance implies flat to slightly negative organic growth.
Strategic PrioritiesPlans to prioritize capital return and M&A at the expense of further deleveraging, coupled with its subdued organic growth, will constrain the opportunity for near-term multiple expansion.
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Ownership Overview
3.02% Insiders
11.09% Mutual Funds
40.27% Other Institutional Investors
45.61% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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OTEX FAQ
What was Open Text Corp.’s price range in the past 12 months?
Open Text Corp. lowest stock price was $27.54 and its highest was $44.78 in the past 12 months.
What is Open Text Corp.’s market cap?
Currently, no data Available
When is Open Text Corp.’s upcoming earnings report date?
Open Text Corp.’s upcoming earnings report date is Aug 01, 2024 which is in 24 days.
How were Open Text Corp.’s earnings last quarter?
Open Text Corp. released its earnings results on May 02, 2024. The company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.938 by $0.001.
Is Open Text Corp. overvalued?
According to Wall Street analysts Open Text Corp.’s price is currently Undervalued.
Does Open Text Corp. pay dividends?
Open Text Corp. pays a Quarterly dividend of $0.25 which represents an annual dividend yield of 3.24%. See more information on Open Text Corp. dividends here
What is Open Text Corp.’s EPS estimate?
Open Text Corp.’s EPS estimate is $1.02.
How many shares outstanding does Open Text Corp. have?
Open Text Corp. has 272,869,450 shares outstanding.
What happened to Open Text Corp.’s price movement after its last earnings report?
Open Text Corp. reported an EPS of $0.94 in its last earnings report, beating expectations of $0.938. Following the earnings report the stock price went down -14.704%.
Which hedge fund is a major shareholder of Open Text Corp.?
Among the largest hedge funds holding Open Text Corp.’s share is Turtle Creek Asset Management Inc.. It holds Open Text Corp.’s shares valued at 139M.
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Open Text Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$42.44 (37.08% Upside)
$42.44 (37.08% Upside)
Blogger Sentiment
Bullish
OTEX Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 299.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $7.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.8%
Last 30 Days ▼ 0.3%
Last 30 Days ▼ 0.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-21.87%
12-Months-Change
Fundamentals
Return on Equity
4.08%
Trailing 12-Months
Asset Growth
-5.94%
Trailing 12-Months
Company Description
Open Text Corp.
Open Text Corp. engages in the design, development, marketing and sales of enterprise information management software and solutions. It includes customer experience management (CEM), digital process automation, business network, and enterprise content management, discovery, security, and artificial intelligence (AI) and analytics solutions. It also offers consulting, managed, and learning services. The company was founded on June 26, 1991 and is headquartered in Waterloo, Canada.
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OTEX Company Deck
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OTEX Earnings Call
Q3 2024
0:00 / 0:00
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OTEX Stock 12 Month Forecast
Average Price Target
$42.44
▲(37.08% Upside)
Technical Analysis
Best Analysts Covering OTEX
1 Year
1 Year Success Rate
19/27 ratings generated profit
1 Year Average Return
+11.01%
reiterated a buy rating 2 months ago
Copying Richard Tse's trades and holding each position for 1 Year would result in 70.37% of your transactions generating a profit, with an average return of +11.01% per trade.
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