Open Text Corporation (OTEX): Price and Financial Metrics

Open Text Corporation (OTEX): $38.81

0.57 (-1.45%)

POWR Rating

Component Grades

Momentum

C

Stability

C

Sentiment

Quality

C

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Industry: Software - Application

Industry

B

Ranked

#36 of 131

in industry

OTEX Price/Volume Stats

Current price $38.81 52-week high $45.47
Prev. close $39.38 52-week low $32.04
Day low $38.39 Volume 775,800
Day high $39.87 Avg. volume 582,112
50-day MA $40.15 Dividend yield 2.56%
200-day MA $39.11 Market Cap 10.58B

OTEX Stock Price Chart Interactive Chart >

OTEX POWR Grades

  • Sentiment is the dimension where OTEX ranks best; there it ranks ahead of 86.07% of US stocks.
  • OTEX's strongest trending metric is Growth; it's been moving down over the last 26 weeks.
  • OTEX ranks lowest in Growth; there it ranks in the 31st percentile.

OTEX Stock Summary

  • With a year-over-year growth in debt of 102.1%, OPEN TEXT CORP's debt growth rate surpasses 91.88% of about US stocks.
  • Revenue growth over the past 12 months for OPEN TEXT CORP comes in at 43.97%, a number that bests 89.75% of the US stocks we're tracking.
  • OPEN TEXT CORP's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is -38.53%, greater than the shareholder yield of just 9.83% of stocks in our set.
  • Stocks with similar financial metrics, market capitalization, and price volatility to OPEN TEXT CORP are ACIW, CNHI, FSLR, HSTM, and OPGN.
  • OTEX's SEC filings can be seen here. And to visit OPEN TEXT CORP's official web site, go to www.opentext.com.

OTEX Valuation Summary

  • In comparison to the median Technology stock, OTEX's price/earnings ratio is 16.7% higher, now standing at 31.1.
  • OTEX's price/sales ratio has moved down 2 over the prior 243 months.

Below are key valuation metrics over time for OTEX.

Stock Date P/S P/B P/E EV/EBIT
OTEX 2023-12-08 2.1 2.7 31.1 22.9
OTEX 2023-12-07 2.1 2.7 31.0 22.9
OTEX 2023-12-06 2.1 2.7 31.0 22.9
OTEX 2023-12-05 2.2 2.7 31.4 23.0
OTEX 2023-12-04 2.2 2.7 31.4 23.1
OTEX 2023-12-01 2.2 2.8 31.8 23.2

OTEX Growth Metrics

    Its 4 year cash and equivalents growth rate is now at 223.51%.
  • Its year over year revenue growth rate is now at 4.99%.
  • The year over year net cashflow from operations growth rate now stands at 19.28%.
Over the past 34 months, OTEX's revenue has gone up $503,868,000.

The table below shows OTEX's growth in key financial areas (numbers in millions of US dollars).

Date Revenue Operating Cash Flow Net Income to Common Stock
2022-12-31 3,534.213 902.626 318.434
2022-09-30 3,513.572 924.1 148.246
2022-06-30 3,493.844 981.81 397.09
2022-03-31 3,484.917 1,026.059 476.177
2021-12-31 3,435.565 766.074 492.986
2021-09-30 3,414.41 831.885 339.211

OTEX's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.
  • OTEX has a Quality Grade of B, ranking ahead of 84.2% of graded US stocks.
  • OTEX's asset turnover comes in at 0.355 -- ranking 71st of 83 Computers stocks.
  • CLSK, NXGN, and INVE are the stocks whose asset turnover ratios are most correlated with OTEX.

The table below shows OTEX's key quality metrics over time.

Period Asset Turnover Gross Margin ROIC
2021-09-30 0.355 0.694 0.180
2021-06-30 0.346 0.694 0.173
2021-03-31 0.334 0.692 0.146
2020-12-31 0.327 0.684 0.126
2020-09-30 0.321 0.682 0.118
2020-06-30 0.328 0.677 0.110

OTEX Price Target

For more insight on analysts targets of OTEX, see our OTEX price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.

Average Price Target $59.50 Average Broker Recommendation 1.5 (Moderate Buy)

Open Text Corporation (OTEX) Company Bio


Open Text Corporation provides a suite of software products and services that assist organizations in finding, utilizing, and sharing business information from various devices. The company was founded in 1991 and is based in Waterloo, Canada.


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Latest OTEX News From Around the Web

Below are the latest news stories about OPEN TEXT CORP that investors may wish to consider to help them evaluate OTEX as an investment opportunity.

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OpenText Appoints Goldy Hyder to Board of Directors

Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), today announced the appointment of Goldy Hyder to its board of directors. Mr. Hyder is President and Chief Executive Officer of the Business Council of Canada, a non-profit, non-partisan organization composed of the chief executives and entrepreneurs of Canada's leading companies, whose members collectively employ approximately two million Canadians in every major industry.

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OTEX Price Returns

1-mo -0.27%
3-mo -7.04%
6-mo 11.98%
1-year 6.43%
3-year -11.25%
5-year 13.49%
YTD -7.04%
2023 46.35%
2022 -35.01%
2021 5.37%
2020 4.88%
2019 37.48%

OTEX Dividends

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