Open Text Corporation (OTEX): Price and Financial Metrics
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%.
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.
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.
12 High Growth International Stocks to BuyIn this article, we discuss the 12 high growth international stocks to buy. If you want to read about some more high growth international stocks, go directly to 5 High Growth International Stocks to Buy. There is general optimism on Wall Street that the Federal Reserve in the United States will be able to achieve […] |
CRWD Stock Among 28 Stocks To Buy And Watch Heading Into 2024Featuring MDB, PANW and CRWD stock, this stock screener highlights top-rated companies to watch in 2024 and beyond. |
When Should You Buy Open Text Corporation (NASDAQ:OTEX)?Today we're going to take a look at the well-established Open Text Corporation ( NASDAQ:OTEX ). The company's stock saw... |
OpenText Appoints Goldy Hyder to Board of DirectorsOpen 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. |
Open Text (NASDAQ:OTEX) Might Be Having Difficulty Using Its Capital EffectivelyWhat are the early trends we should look for to identify a stock that could multiply in value over the long term... |
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
Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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Continue Researching OTEX
Want to do more research on Open Text Corp's stock and its price? Try the links below:Open Text Corp (OTEX) Stock Price | Nasdaq
Open Text Corp (OTEX) Stock Quote, History and News - Yahoo Finance
Open Text Corp (OTEX) Stock Price and Basic Information | MarketWatch
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