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: 14.10B
- Market Cap Group: Large Cap
- P/E: 82.07
- Dividend Yield: 2.60%
- 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. | 182.47 | 66.61 | 0.55 | NO | 1 | 11 | 90 |
CSU | TSE:CSU | Constellation Software | 80.40 | 105.76 | 0.14 | NO | 1 | 11 | 90 |
OTEX | TSE:OTEX | Open Text Corporation | 14.10 | 82.07 | 2.60 | YES | 1 | 11 | 90 |
LWRK | TSE:LWRK | LifeWorks | 2.24 | 88.64 | 2.42 | NO | 1 | 11 | 90 |
ENGH | TSE:ENGH | Enghouse Systems | 1.92 | 26.55 | 2.54 | YES | 1 | 11 | 90 |
CMG | TSE:CMG | Computer Modelling Group | 0.82 | 34.17 | 1.98 | NO | 1 | 11 | 90 |
ABST | TSE:ABST | Absolute Software | 0.81 | 0.00 | 0.00 | NO | 1 | 11 | 90 |
TCS | TSE:TCS | Tecsys | 0.56 | 278.12 | 0.85 | NO | 1 | 11 | 90 |
SYZ | TSE:SYZ | Sylogist | 0.20 | 364.89 | 0.47 | 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 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 58 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.