Open Text Corporation (OTEX): Price and Financial Metrics
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OTEX POWR Grades
- OTEX scores best on the Stability dimension, with a Stability rank ahead of 97.92% of US stocks.
- OTEX's strongest trending metric is Value; it's been moving up over the last 31 weeks.
- OTEX ranks lowest in Momentum; there it ranks in the 24th percentile.
OTEX Stock Summary
- With a one year PEG ratio of 384.14, Open Text Corp is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than 90.85% of US stocks.
- With a price/earnings ratio of 90.81, Open Text Corp P/E ratio is greater than that of about 90.6% of stocks in our set with positive earnings.
- The volatility of Open Text Corp's share price is greater than that of merely 9.3% US stocks with at least 200 days of trading history.
- Stocks with similar financial metrics, market capitalization, and price volatility to Open Text Corp are JHX, XRAY, BRKR, CBOE, and HAS.
- 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/sales ratio is 21.15% lower, now standing at 4.1.
- Over the past 229 months, OTEX's price/earnings ratio has gone up 63.9.
- Over the past 229 months, OTEX's price/earnings ratio has gone up 63.9.
Below are key valuation metrics over time for OTEX.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| OTEX | 2019-12-17 | 4.1 | 3.0 | 36.5 | 22.6 |
| OTEX | 2018-10-25 | 3.2 | 2.4 | 37.3 | 21.0 |
| OTEX | 2015-07-28 | 2.4 | 2.6 | 17.9 | 16.0 |
| OTEX | 2011-03-11 | 3.4 | 3.4 | 26.1 | 23.0 |
| OTEX | 2007-06-22 | 2.1 | 2.2 | 51.1 | 30.1 |
| OTEX | 2003-07-09 | 3.8 | 3.9 | 34.5 | 27.5 |
OTEX Growth Metrics
- Its 3 year cash and equivalents growth rate is now at -12.79%.
- The 3 year price growth rate now stands at 41.98%.
- Its year over year net income to common stockholders growth rate is now at -44.33%.
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 |
|---|---|---|---|
| 2021-03-31 | 3,319.2 | 860.181 | 155.781 |
| 2020-12-31 | 3,300.948 | 1,126.21 | 90.256 |
| 2020-09-30 | 3,216.861 | 1,050.993 | 263.2 |
| 2020-06-30 | 3,109.736 | 954.536 | 234.225 |
| 2020-03-31 | 3,030.345 | 904.063 | 279.816 |
| 2019-12-31 | 2,934.812 | 860.459 | 326.613 |
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 | $56.88 | Average Broker Recommendation | 1.46 (Moderate Buy) |
OTEX Stock Price Chart Interactive Chart >
OTEX Price/Volume Stats
| Current price | $51.91 | 52-week high | $52.23 |
| Prev. close | $51.90 | 52-week low | $36.18 |
| Day low | $51.61 | Volume | 349,000 |
| Day high | $52.04 | Avg. volume | 514,683 |
| 50-day MA | $49.83 | Dividend yield | 0.73% |
| 200-day MA | $46.64 | Market Cap | 14.10B |
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.
OTEX Price Forecast Based on DCF Valuation
| Current Price | DCF Fair Value Target: | Forecasted Gain: |
| $51.91 | $35.9 | -22% |
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Open Text Corp. To summarize, we found that Open Text Corp ranked in the 48th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. As for the metrics that stood out in our discounted cash flow analysis of Open Text Corp, consider:
- The company's balance sheet shows it gets 76% of its capital from equity, and 24% of its capital from debt. Its equity weight surpasses that of only 14.63% of free cash flow generating stocks in the Technology sector.
- Open Text Corp's weighted average cost of capital (WACC) is 9%; for context, that number is higher than only 15.42% of tickers in our DCF set.
- Open Text Corp's effective tax rate, as measured by taxes paid relative to net income, is at 35 -- greater than 92.61% of US stocks with positive free cash flow.
| Terminal Growth Rate in Free Cash Flow | Return Relative to Current Share Price |
| 0% | -23% |
| 1% | -22% |
| 2% | -22% |
| 3% | -21% |
| 4% | -20% |
| 5% | -19% |
Want more companies with a valuation profile/forecast similar to that of Open Text Corp? See COUP, IIIV, KLAC, MCHP, and OPRA.
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.
Were Hedge Funds Right About Open Text Corporation (OTEX)?Is Open Text Corporation (NASDAQ:OTEX) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise to […] |
OpenText Launches Advisory Services to Maximize Customer Value from Information Management InvestmentsOpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced the launch of OpenText Advisory Services, a new strategic professional services offering to support organizations in achieving maximum value from their information management investments. |
Why Open Text Corporation (NASDAQ:OTEX) Could Be Worth WatchingOpen Text Corporation ( NASDAQ:OTEX ) saw a double-digit share price rise of over 10% in the past couple of months on... |
Global Knowledge Management Systems Market 2021 Future Set to Massive Growth with High CAGR value | Market Players: Bloomfire, Callidus Software Inc., Chadha Software Technologies, ComAround, Computer Sciences Corporation(APQC), EduBrite Systems, EGain Ernst Young, IBM Global Services, Igloo, KMS Lighthouse, Knosys, Moxie Software, Open Text Corporation, ProProfs, Right Answers, Transversal, YoThe report on Global Knowledge Management Systems Market has been provided by researchers for a detailed understanding of market performance over an estimated period of time set from 2021 to 2026. However, this report has introduced a brief overview to provide the reader with better information on this report. This brief description contains a basic [] |
1 Reliable Canadian High-Growth Stock Id Buy With $300In a cloud-first world, Open Text Corp. (TSX:OTEX)(NASDAQ:OTEX) offers a strategic cloud platform that empowers customers to do more with information. The post 1 Reliable Canadian High-Growth Stock Id Buy With $300 appeared first on The Motley Fool Canada . |
OTEX Price Returns
| 1-mo | -0.08% |
| 3-mo | 9.40% |
| 6-mo | 11.08% |
| 1-year | 16.23% |
| 3-year | 43.33% |
| 5-year | 84.63% |
| YTD | 14.19% |
| 2020 | 4.88% |
| 2019 | 37.48% |
| 2018 | -7.10% |
| 2017 | 17.26% |
| 2016 | 30.97% |
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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