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: 11.17B
  • Market Cap Group: Large Cap
  • P/E: 49.56
  • Dividend Yield: 3.28%

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. 185.12 67.47 0.54 NO 1 11 90
CSU TSE:CSU Constellation Software 78.30 100.71 0.15 NO 1 11 90
OTEX TSE:OTEX Open Text Corporation 11.17 49.56 3.28 YES 1 11 90
LWRK TSE:LWRK LifeWorks 2.24 88.64 2.42 NO 1 11 90
ENGH TSE:ENGH Enghouse Systems 1.61 21.63 3.59 YES 1 11 90
CMG TSE:CMG Computer Modelling Group 0.89 37.86 1.82 NO 1 11 90
ABST TSE:ABST Absolute Software 0.81 0.00 0.00 NO 1 11 90
TCS TSE:TCS Tecsys 0.51 246.93 0.93 NO 1 11 90
SYZ TSE:SYZ Sylogist 0.21 360.00 0.44 NO 1 11 90

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 64 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.

Use A Winning Investment Strategy

My portfolio is generating over 12% annual returns since 2009. It's not from the beginning of the year or from 2019, it's from 2009 !!! That's a consistent return which means using the rule of 72, I double my portfolio every 6 years.

My approach is simple but you need key data that I have cultivated with the Dividend Snapshot Screeners. No other investment services provide you with easy to understand data but also actionable data. No hidden magic.

In fact, I have tried all of the investment services for dividend investors like a crash test dummy of investment services. Just ask me, and you'll learn why there was nothing I could use out there and that's how the Dividend Snapshot Screeners were borned!