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: 12.57B
- Market Cap Group: Large Cap
- P/E: 29.68
- Dividend Yield: 2.80%
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.
|OTEX||TSE:OTEX||Open Text Corporation||12.57||29.68||2.80||YES||1||11||90|
|CMG||TSE:CMG||Computer Modelling Group||0.54||28.62||3.01||NO||1||11||90|
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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 5/10 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 65 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.