Open Text Corporation (OTEX): Price and Financial Metrics


Open Text Corporation (OTEX): $46.66

-0.67 (-1.42%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

OTEX POWR Grades


  • OTEX scores best on the Stability dimension, with a Stability rank ahead of 95.94% of US stocks.
  • The strongest trend for OTEX is in Stability, which has been heading up over the past 198 days.
  • OTEX's current lowest rank is in the Momentum metric (where it is better than 45.98% of US stocks).

OTEX Stock Summary

  • Open Text Corp's market capitalization of $12,728,224,716 is ahead of 83.72% of US-listed equities.
  • OTEX's current price/earnings ratio is 141.02, which is higher than 93.89% of US stocks with positive earnings.
  • The volatility of Open Text Corp's share price is greater than that of merely 6.38% 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 KAI, STT, BL, VMC, and TGH.
  • OTEX's SEC filings can be seen here. And to visit Open Text Corp's official web site, go to www.opentext.com.

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 $52.32 Average Broker Recommendation 1.46 (Moderate Buy)

OTEX Stock Price Chart Interactive Chart >

Price chart for OTEX

OTEX Price/Volume Stats

Current price $46.66 52-week high $50.21
Prev. close $47.33 52-week low $36.18
Day low $46.66 Volume 492,200
Day high $47.52 Avg. volume 554,558
50-day MA $47.79 Dividend yield 1.71%
200-day MA $44.97 Market Cap 12.74B

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 PriceDCF Fair Value Target: Forecasted Gain:
$46.66$63.31 36%

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 62th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for OTEX, they are:

  • The stock's equity weight, or the proportion of capital from equity relative to debt, is 77. Notably, its equity weight is greater than just 16.34% of US equities in the Technology sector yielding a positive free cash flow.
  • Open Text Corp's weighted average cost of capital (WACC) is 9%; for context, that number is higher than merely 13.37% of tickers in our DCF set.
  • Open Text Corp's effective tax rate, as measured by taxes paid relative to net income, is at 37 -- greater than 93.12% of US stocks with positive free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%33%
1%34%
2%36%
3%37%
4%38%
5%40%

BOSC, ISNS, AGTI, HQY, and MEI can be thought of as valuation peers to OTEX, in the sense that they are in the Technology sector and have a similar price forecast based on DCF valuation.


OTEX Latest News Stream


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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.

OpenText Launches Webroot Business Management Console 6.0

OpenText™ (NASDAQ: OTEX), (TSX: OTEX) announced the release of the new Webroot® Business Management Console that offers managed service providers (MSPs) and small and medium sized businesses (SMBs) a more streamlined and intuitive user experience when optimizing, executing and managing key layers of security.

Yahoo | April 28, 2021

Open Text Corporation's (NASDAQ:OTEX) Stock Been Rising But Financials Look Weak: Should Shareholders Be Worried?

Open Text's (NASDAQ:OTEX) stock is up by 4.1% over the past three months. However, in this article, we decided to focus...

Yahoo | April 28, 2021

OpenText Showcases New Content Services Platform at AIIM Conference 2021

OpenText™ (NASDAQ: OTEX), (TSX: OTEX), is presenting at the AIIM Conference 2021, April 27-29, showcasing how the latest innovations to the OpenText™ Content Cloud empower modern work through deep integrations with leading applications, intelligent automation, and expanded information governance.

Yahoo | April 27, 2021

OpenText Announces 2021 Webroot BrightCloud® Threat Report

OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced the release of the 2021 Webroot BrightCloud® Threat Report. Webroot's unparalleled sixth generation machine learning security platform provides unique data insights into the timing, tactics and technologies that threat actors used over the past year.

Yahoo | April 20, 2021

OpenText to Report Third Quarter Fiscal Year 2021 Financial Results on Thursday, May 6, 2021

Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), announced today that financial results for its third quarter fiscal year 2021 will be released on Thursday, May 6, 2021 at approximately 4:00 p.m. ET.

Yahoo | April 7, 2021

Read More 'OTEX' Stories Here

OTEX Price Returns

1-mo -4.70%
3-mo -4.27%
6-mo 13.10%
1-year 22.18%
3-year 33.59%
5-year 84.89%
YTD 2.64%
2020 4.88%
2019 37.48%
2018 -7.10%
2017 17.26%
2016 30.97%

OTEX Dividends

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