OpenText Corp is a leading Enterprise Information Management (EIM) company. It is a leading provider of enterprise software and cloud solutions to companies helping them to better manage and secure their enterprise information.
More than 70% of its revenues are recurring in nature. OpenText has a large presence in the Americas, followed by EMEA and APJ regions. The company has a strong focus on FinServ, Life Sciences, Manufacturing, Auto, Healthcare and Government sectors. By industry, financial was the largest, accounting for 26% of annual recurring revenue, while services closely followed with 19%.
OpenText processes trillions of commercial transactions every year and connects over a million businesses globally. The company helps clients’ businesses by reducing their security risks and lowering their operational costs either on premises or through the cloud.
OpenText Stock Details
- Ticker: tse:otex
- Sector: Technology
- Industry: Software - Application
- Market Cap: 14.47B
- Market Cap Group: Large Cap
- P/E: 30.25
- Dividend Yield: 2.56%
- Grade: B
- Dividend Aristocrat: YES
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 6/10
- Dividend Income Fit: 4/10
OTEX Industry Competitors
The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.
| Ticker | Ticker | Company | Market Cap | P/E | Yield | Aristocrat | Graph | SectorID | IndustryID |
|---|---|---|---|---|---|---|---|---|---|
| INTU | NASDAQ:INTU | Intuit Inc. | 158.09 | 66.95 | 0.64 | NO | 1 | 11 | 90 |
| CSU | TSE:CSU | Constellation Software | 67.44 | 94.03 | 0.17 | NO | 1 | 11 | 90 |
| OTEX | TSE:OTEX | Open Text Corporation | 14.47 | 30.25 | 2.56 | YES | 1 | 11 | 90 |
| LWRK | TSE:LWRK | LifeWorks | 2.24 | 88.64 | 2.42 | NO | 1 | 11 | 90 |
| ENGH | TSE:ENGH | Enghouse Systems | 1.90 | 22.73 | 2.56 | YES | 1 | 11 | 90 |
| CMG | TSE:CMG | Computer Modelling Group | 0.82 | 33.22 | 1.96 | NO | 1 | 11 | 90 |
| ABST | TSE:ABST | Absolute Software | 0.81 | 0.00 | 0.00 | NO | 1 | 11 | 90 |
| TCS | TSE:TCS | Tecsys | 0.45 | 141.97 | 0.97 | NO | 1 | 11 | 90 |
| SYZ | TSE:SYZ | Sylogist | 0.17 | 312.39 | 0.55 | NO | 1 | 11 | 90 |
Top Picks by Bay Street Experts
Expert stock analysts have shared their opinions, and sometimes prediction, on the company.
For more top picks from stock analysts on Bay Street, check the full list of top picks by expect stock analysts from investment and asset management firms.
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Open Text Corporation - FAQ
What is the stock ticker for Open Text Corporation?
The stock ticker for Open Text Corporation is TSE:otex.
Is Open Text Corporation a good stock to buy?
You need to consider your investment strategy and how TSE:otex can fit in your portfolio.
The current dividend income score of 4/10 and dividend growth score of 6/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is Open Text Corporation a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 59 out of 100.
The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.
A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.
How can I buy stocks for Open Text Corporation?
You can easily buy the OTEX stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.