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Open Text is a software - application business based in the US. Open Text shares (OTEX) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $29.45 – an increase of 2.15% over the previous week. Open Text employs 21,800 staff and has a trailing 12-month revenue of around $5.6 billion.
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Open Text stock price (NASDAQ: OTEX)
Use our graph to track the performance of OTEX stocks over time.Open Text shares at a glance
Latest market close | $29.45 |
---|---|
52-week range | $27.27 - $44.42 |
50-day moving average | $31.89 |
200-day moving average | $32.99 |
Wall St. target price | $35.82 |
PE ratio | 17.0231 |
Dividend yield | $1.013 (3.6%) |
Earnings per share (TTM) | $1.73 |
Is it a good time to buy Open Text stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Open Text price performance over time
Historical closes compared with the close of $29.18 from 2024-11-21
1 week (2024-11-15) | 1.21% |
---|---|
1 month (2024-10-23) | -11.14% |
3 months (2024-08-22) | -8.41% |
6 months (2024-05-22) | -5.69% |
1 year (2023-11-22) | -24.64% |
---|---|
2 years (2022-11-22) | 6.69% |
3 years (2021-11-22) | 46.6398 |
5 years (2019-11-22) | 38.4151 |
Is Open Text stock undervalued or overvalued?
Valuing Open Text stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Open Text's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Open Text's P/E ratio
Open Text's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 17x. In other words, Open Text shares trade at around 17x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Open Text's PEG ratio
Open Text's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.87. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Open Text's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Open Text's EBITDA
Open Text's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.6 billion.
The EBITDA is a measure of a Open Text's overall financial performance and is widely used to measure a its profitability.
Open Text financials
Revenue TTM | $5.6 billion |
---|---|
Operating margin TTM | 19.92% |
Gross profit TTM | $3.4 billion |
Return on assets TTM | 4.27% |
Return on equity TTM | 11.5% |
Profit margin | 8.35% |
Book value | $15.81 |
Market Capitalization | $7.8 billion |
TTM: trailing 12 months
Open Text's environmental, social and governance track record
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Open Text.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Open Text's total ESG risk score
Total ESG risk: 19.6
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Open Text's overall score of 19.6 (as at 12/31/2018) is excellent – landing it in it in the 14th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Open Text is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Open Text's environmental score
Environmental score: 0.77/100
Open Text's environmental score of 0.77 puts it squarely in the 3rd percentile of companies rated in the same sector. This could suggest that Open Text is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Open Text's social score
Social score: 11.04/100
Open Text's social score of 11.04 puts it squarely in the 3rd percentile of companies rated in the same sector. This could suggest that Open Text is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Open Text's governance score
Governance score: 4.29/100
Open Text's governance score puts it squarely in the 3rd percentile of companies rated in the same sector. That could suggest that Open Text is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
Environmental, social, and governance (ESG) summary
Open Text Corp was last rated for ESG on: 2019-01-01.
Total ESG score | 19.6 |
---|---|
Total ESG percentile | 13.6 |
Environmental score | 0.77 |
Environmental score percentile | 3 |
Social score | 11.04 |
Social score percentile | 3 |
Governance score | 4.29 |
Governance score percentile | 3 |
Open Text share dividends
Dividend payout ratio: 25.07% of net profits
Recently Open Text has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Open Text shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Open Text's case, that would currently equate to about $1.013 per share.
While Open Text's payout ratio might seem fairly standard, it's worth remembering that Open Text may be investing much of the rest of its net profits in future growth.
Open Text's most recent dividend payout was on 19 December 2024. The latest dividend was paid out to all shareholders who bought their shares by 28 November 2024 (the "ex-dividend date").
Have Open Text's shares ever split?
Open Text's shares were split on a 2:1 basis on 24 January 2017 . So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Open Text shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Open Text shares which in turn could have impacted Open Text's share price.
Open Text share price volatility
Over the last 12 months, Open Text's shares have ranged in value from as little as $27.2737 up to $44.4159. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Open Text's is 1.135. This would suggest that Open Text's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Open Text overview
Open Text Corporation engages in the provision of information management products and services. The company offers content services, including content collaboration and intelligent capture to records management, collaboration, e-signatures, and archiving; and operates experience cloud platform that provides customer experience and web content management, digital asset management, customer analytics, AI and insights, e-discovery, digital fax, omnichannel communications, secure messaging, and voice of customer, as well as customer journey, testing, and segmentation. It also provides cybersecurity cloud solutions to protect, prevent, detect, respond, and quickly recover from threats across endpoints, network, applications, IT infrastructure and data, AI-led threat intelligence; and to protect critical information and processes through threat intelligence, forensics, identity, encryption, and cloud-based application security. In addition, the company offers business network cloud for digital supply chains and secure e-commerce ecosystems including digitize and automate procure-to-pay and order-to-cash processes; IT operations management cloud for automation and advancement of IT support and asset management; analytics and AI cloud solutions that offers artificial intelligence with practical usage to provide organizations with actionable insights and better automation, such as visualizations, advanced natural language processing and understanding, and integrated computer vision capabilities; and provides application automation cloud, developers cloud, and services. Further, it has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce. com Corporation, DXC Technology Company, Accenture plc, Capgemini Technology Services SAS, Deloitte Consulting LLP, Hewlett Packard Enterprises, and Tata Consultancy Services. The company was incorporated in 1991 and is headquartered in Waterloo, Canada.
Frequently asked questions
What percentage of Open Text is owned by insiders or institutions?Currently 2.097% of Open Text shares are held by insiders and 77.998% by institutions. How many people work for Open Text?
Latest data suggests 21,800 work at Open Text. When does the fiscal year end for Open Text?
Open Text's fiscal year ends in June. Where is Open Text based?
Open Text's address is: 275 Frank Tompa Drive, Waterloo, ON, Canada, N2L 0A1 What is Open Text's ISIN number?
Open Text's international securities identification number is: US6837151066 What is Open Text's CUSIP number?
Open Text's Committee on Uniform Securities Identification Procedures number is: 683715106
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