OpenText/OTEX

$35.01

0.75%
-
1D1W1MYTD1YMAX

About OpenText

OpenText Corporation is a Canada-based information management company, which provides software and services. The Company’s comprehensive Information Management platform and services provide secure and scalable solutions for global companies, small and medium-sized businesses (SMBs), governments and consumers around the world. It has a complete and integrated portfolio of information management solutions delivered at scale in the OpenText Cloud, enabling organizations master modern work, automate application delivery and modernization, and optimize their digital supply chains by bringing together content cloud, cybersecurity cloud, business network cloud, its operations management cloud, application automation cloud and analytics and artificial intelligence cloud. The Company’s solutions range from connecting digital supply chains to managing human resource processes to driving better information technology service management in manufacturing, retail, and financial services.

Ticker

OTEX

Sector

Technology

Trading on

NASDAQ

Industry

Software & Programming

CEO

Mark Barrenechea

Employees

24,100

Headquarters

Waterloo, Canada

OpenText Metrics

BasicAdvanced
$9.42B
Market cap
73.87
P/E ratio
$0.47
EPS
0.93
Beta
$0.99
Dividend rate
2.85%
Dividend yield
$9.42B
0.93371
$43.57
$32.20
611.05K
$0.99
1.38
210.436
211.683
169.31%
28.463
1.77%
0.92%
3.13%
1.1%
73.869
1.654
2.336
21.004
1.85%
2.85%
2.85%
44.42%
-43.7%
12.98%
-13.59%
11.65%

What the Analysts think about OpenText

Analyst Ratings

Majority rating from 5 analysts.
Buy

Price Targets

Average projection from 2 analysts.
34.9% upside
High $50.59
Low $43.88
$35.01
Current price
$47.23
Average price target

OpenText Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
2.44% profit margin
QuarterlyAnnual
Q2 24
QoQ growth
Revenue
$1.53B
7.68%
Net income
$37.6M
-53.52%
Profit margin
2.44%
-56.97%

OpenText Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 3.66%
QuarterlyAnnual
Q3 23
Q4 23
Q1 24
Q2 24
Q3 24
Actual
$0.73
$0.91
$1.01
$1.24
-
Expected
$0.47
$0.88
$0.91
$1.20
$0.94
Surprise
53.92%
3.58%
11.34%
3.66%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for OpenText stock?

OpenText (OTEX) has a market cap of $9.42B as of April 20, 2024.

What is the P/E ratio for OpenText stock?

The price to earnings (P/E) ratio for OpenText (OTEX) stock is 73.87 as of April 20, 2024.

Does OpenText stock pay dividends?

Yes, the OpenText (OTEX) stock pays dividends to shareholders. As of April 20, 2024, the dividend rate is $0.98598 and the yield is 2.85%. OpenText has a payout ratio of 169.31% on a trailing twelve-month basis.

When is the next OpenText dividend payment date?

The next OpenText (OTEX) dividend payment date is unconfirmed.

What is the beta indicator for OpenText?

OpenText (OTEX) has a beta rating of 0.93. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the OpenText stock price target?

The target price for OpenText (OTEX) stock is $47.23, which is 34.75% above the current price of $35.05. This is an average based on projections from 2 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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