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OTEX

OTEX - Open Text Corp Stock Price, Fair Value and News

30.33USD+0.20 (+0.66%)Market Closed

Market Summary

OTEX
USD30.33+0.20
Market Closed
0.66%

OTEX Alerts

  • Big jump in Earnings (Y/Y)

OTEX Stock Price

View Fullscreen

OTEX RSI Chart

OTEX Valuation

Market Cap

8.2B

Price/Earnings (Trailing)

48.9

Price/Sales (Trailing)

1.39

EV/EBITDA

-41.85

Price/Free Cashflow

9.16

OTEX Price/Sales (Trailing)

OTEX Profitability

Operating Margin

83.87%

EBT Margin

3.25%

Return on Equity

4.07%

Return on Assets

1.03%

Free Cashflow Yield

10.92%

OTEX Fundamentals

OTEX Revenue

Revenue (TTM)

5.9B

Rev. Growth (Yr)

16.27%

Rev. Growth (Qtr)

-5.72%

OTEX Earnings

Earnings (TTM)

168.1M

Earnings Growth (Yr)

70.76%

Earnings Growth (Qtr)

160.88%

Breaking Down OTEX Revenue

52 Week Range

30.2143.25
(Low)(High)

Last 7 days

-15.0%

Last 30 days

-19.2%

Last 90 days

-28.0%

Trailing 12 Months

-27.3%

How does OTEX drawdown profile look like?

OTEX Financial Health

Current Ratio

1.4

Debt/Equity

2.01

Debt/Cashflow

0.11

OTEX Investor Care

Dividend Yield

3.3%

Dividend/Share (TTM)

0.99

Shares Dilution (1Y)

0.78%

Diluted EPS (TTM)

0.62

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20245.9B000
20233.9B4.5B5.1B5.7B
20223.5B3.5B3.5B3.5B
20213.3B3.4B3.4B3.4B
20203.0B3.1B3.2B3.3B
20192.9B2.9B2.9B2.9B
20182.7B2.8B2.8B2.8B
20172.1B2.3B2.4B2.6B
20161.8B1.8B1.9B2.0B
20151.9B1.9B1.8B1.8B
20141.5B1.6B1.8B1.9B
20131.3B1.4B1.4B1.4B
20121.2B1.2B1.2B1.3B
2011987.9M1.0B1.1B1.2B
2010875.3M912.0M918.0M937.7M
2009770.6M785.7M814.5M854.6M
2008660.6M725.5M740.6M755.6M
20070595.7M00
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Which funds bought or sold OTEX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 10, 2024
PRINCIPAL SECURITIES, INC.
new
-
505
505
-%
May 10, 2024
WealthCollab, LLC
reduced
-27.31
-30,458
62,323
0.05%
May 10, 2024
Forge First Asset Management Inc.
new
-
2,304,980
2,304,980
0.72%
May 10, 2024
Campbell & CO Investment Adviser LLC
added
75.97
726,659
1,887,290
0.16%
May 10, 2024
Pinnacle Wealth Planning Services, Inc.
unchanged
-
-16,847
205,061
0.03%
May 10, 2024
CITIGROUP INC
added
9.82
92,524
9,820,960
0.01%
May 10, 2024
DIMENSIONAL FUND ADVISORS LP
added
13.09
1,241,560
28,821,100
0.01%
May 10, 2024
ACADIAN ASSET MANAGEMENT LLC
unchanged
-
-
4,000
-%
May 10, 2024
CenterBook Partners LP
sold off
-100
-1,132,980
-
-%
May 10, 2024
Y-Intercept (Hong Kong) Ltd
added
55.28
205,664
678,515
0.05%

1–10 of 47

Are Funds Buying or Selling OTEX?

Are funds buying OTEX calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own OTEX
No. of Funds

Unveiling Open Text Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
harris associates l p
4.10%
11,141,307
SC 13G/A
Feb 13, 2024
bank of nova scotia
1.01%
2,747,899
SC 13G/A
Feb 12, 2024
jarislowsky, fraser ltd
5.67%
15,391,557
SC 13G
Feb 12, 2024
blackrock inc.
6.2%
16,705,085
SC 13G/A
Feb 09, 2024
fmr llc
-
0
SC 13G/A
Dec 26, 2023
bank of nova scotia
8%
21,707,143
SC 13G
Feb 14, 2023
harris associates l p
5.6%
15,205,007
SC 13G
Feb 13, 2023
jarislowsky, fraser ltd
6.15%
16,631,315
SC 13G
Feb 09, 2023
fmr llc
-
0
SC 13G
Feb 03, 2023
blackrock inc.
5.1%
13,827,903
SC 13G

Recent SEC filings of Open Text Corp

View All Filings
Date Filed Form Type Document
May 08, 2024
8-K
Current Report
May 02, 2024
8-K
Current Report
May 02, 2024
10-Q
Quarterly Report
May 01, 2024
8-K
Current Report
Apr 08, 2024
8-K
Current Report
Mar 12, 2024
144
Notice of Insider Sale Intent
Feb 14, 2024
SC 13G/A
Major Ownership Report
Feb 13, 2024
SC 13G/A
Major Ownership Report
Feb 12, 2024
SC 13G/A
Major Ownership Report
Feb 12, 2024
SC 13G
Major Ownership Report

Peers (Alternatives to Open Text Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
266.9B
34.9B
-9.02% 34.30%
64.53
7.66
11.18% 1888.46%
141.9B
38.6B
-9.61% 75.10%
102.12
3.68
14.01% 141.26%
46.8B
5.3B
-11.80% 11.39%
51
8.75
9.15% 48.14%
28.6B
2.2B
-4.95% 10.69%
65.74
12.83
3.59% -21.47%
18.4B
4.5B
-4.26% -5.12%
28.84
4.06
3.06% 514.65%
MID-CAP
8.9B
671.8M
5.51% 71.97%
115.75
13.18
33.64% 185.98%
6.9B
4.7B
-6.92% 94.47%
-37.58
1.48
10.90% 88.31%
3.5B
895.2M
-2.86% 43.34%
38.56
3.86
5.72% 46.94%
3.4B
970.0M
0.90% -15.87%
-19.13
3.53
13.46% 43.89%
2.9B
296.4M
-2.45% 20.52%
-10.78
9.88
11.14% -3.59%
2.2B
228.1M
-4.15% 2.69%
25.39
9.72
18.99% 599.09%
SMALL-CAP
1.2B
413.5M
0.63% -1.64%
92.02
2.88
-1.65% -71.35%
228.5M
572.4M
3.23% -81.38%
-1.15
0.4
-19.38% -489.49%
210.9M
31.6M
49.54% 166.62%
-35.92
6.67
2.76% 43.72%
194.9M
117.7M
-5.04% -45.44%
-19.76
1.66
12.54% 11.24%

Open Text Corp News

Latest updates
MarketBeat • 33 hours ago
Defense World • 11 May 2024 • 07:24 am
MarketWatch • 10 May 2024 • 08:34 pm
MarketWatch • 08 May 2024 • 08:34 pm
Marketscreener.com • 08 May 2024 • 01:01 pm
Simply Wall St • 08 May 2024 • 12:50 pm

Open Text Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-5.7%1,4471,5351,4251,4911,245897852902882877832894833856804827815772697747719
Gross Profit-6.5%1,0561,1291,0181,064875636594634608616574622572603555566532539468510480
Operating Expenses-5.3%829875806943811451447496476423391450419369373475437354336353344
  S&GA Expenses5.7%296280272333271177167186181164146183159148132153166137129139132
EBITDA Margin10.9%-0.06*-0.07*0.09*0.09*0.16*0.22*0.17*0.24*0.27*0.27*0.30*0.29*---------
Interest Expenses4.8%-132-139-141-145-104-38.72-40.38-40.34-40.24-40.24-37.05-37.55-37.33-37.59-39.09-40.53-41.26-32.38-32.21-32.84-35.61
Income Taxes-25.2%6.008.0010.00-1.21-12.4251.0034.00-5.0041.0039.0043.00-2.2032.0026843.0032.009.0047.0023.0056.0033.00
Earnings Before Taxes127.9%10446.0091.00-49.9045.00309-83.2697.0011612817517912320214658.0035.0015498.00128105
EBT Margin39.7%0.03*0.02*0.08*0.05*0.09*0.12*0.07*0.15*0.17*0.18*0.20*0.19*---------
Net Income160.9%98.0038.0081.00-48.7358.00258-11610275.0088.0013218191.00-65.4810326.0026.0010774.0072.0073.00
Net Income Margin27.4%0.03*0.02*0.07*0.03*0.08*0.09*0.04*0.11*0.14*0.14*0.10*0.09*---------
Free Cashflow9.7%38535147.00115337195132252324217190296---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-0.3%16,39316,44316,55417,08917,42811,21810,07710,17910,16310,1659,5199,6099,5579,76910,16210,23510,1629,4988,0207,9347,865
  Current Assets2.7%4,1924,0841,9452,2752,4333,4592,2442,2852,2322,0992,2512,2022,0622,1292,4362,3862,1111,3541,5431,5611,398
    Cash Equivalents12.4%1,1271,0039201,2321,3972,8211,7041,6961,6341,5121,7351,6071,4761,5011,8461,6971,453675999944765
  Net PPE-1.8%346353362357341251251245228244223234231227235245259273249249242
  Goodwill-1.0%7,5287,6048,6198,6638,7495,2505,2275,2455,2655864,6874,6924,6884,6964,6834,6724,6798523,7663,7703,772
  Current Liabilities1.0%2,9882,9592,8223,2203,4841,4941,5781,4681,4181,3031,1981,3621,3391,5361,7851,9041,8552,1689521,0151,015
  Long Term Debt-2.0%8,3068,4758,5558,5628,5655,1934,2094,2104,2114,2113,5783,5793,580--3,584-----
    LT Debt, Current0%46.0046.0014632149610.0010.0010.0010.0010.0010.0010.0010.0010.0061061061091410.0010.0010.00
    LT Debt, Non Current-100.0%-8,4758,5558,5628,5655,1934,2094,2104,2114,2113,5783,5793,580--3,584-----
Shareholder's Equity2.5%4,1314,0294,0144,0214,1224,1213,8504,0324,0564,1304,2094,0994,0324,0034,0684,0073,9983,9993,9083,8853,838
  Retained Earnings1.4%2,0592,0302,0622,0492,1632,1711,9782,1602,1512,1742,2252,1532,1302,0932,2132,1592,1802,2022,1412,1142,089
Shares Outstanding0.3%273272271271270270270270271272272273---------
Minority Interest2.9%1.001.001.001.001.001.001.001.001.001.001.002.001.001.001.001.001.001.001.001.001.00
Float------7,800---12,600---12,200---11,700---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations9.7%384,697350,65347,121115,301336,775195,170131,959251,940323,557216,644189,669296,18963,572282,455233,904280,250329,601207,238137,447229,777285,997
  Share Based Compensation-10.3%36,04240,17537,09541,90436,36828,82223,20824,46516,74814,40913,93413,35012,35714,52611,7368,0026,8567,7836,8916,6186,712
Cashflow From Investing40.3%-27,732-46,469-50,399-26,417-5,555,591-33,088-36,324-37,998-36,843-869,702-26,416-30,558-13,959-6,711-17,542-20,487-184,389-1,243,891-20,650-22,167-88,958
Cashflow From Financing3.6%-227,433-235,904-297,021-259,2233,792,715926,722-57,161-127,606-153,751445,867-26,054-141,692-63,393-643,662-75,800-39,978648,141711,429-50,813-33,666-27,389
  Dividend Payments-100.0%-66,40067,00065,01164,90064,90064,69859,05059,10059,70059,90054,42254,50054,50047,26947,32447,30047,10047,00046,97640,700
  Buy Backs--------40,87045,08391,034-86,67023,000-41,870-12,400--12,400-9.502,000
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OTEX Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended9 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2024
Mar. 31, 2023
Revenues (Note 3):    
Total revenues$ 1,447,131$ 1,244,674$ 4,407,428$ 2,994,150
Cost of revenues:    
Amortization of acquired technology-based intangible assets (Note 8)48,09462,639195,702146,139
Total cost of revenues391,357369,7301,204,116889,771
Gross profit1,055,774874,9443,203,3122,104,379
Operating expenses:    
Research and development234,022210,731688,679430,629
Sales and marketing296,249271,013848,313615,354
General and administrative145,924127,047450,399282,724
Depreciation32,10930,57799,61576,609
Amortization of acquired customer-based intangible assets (Note 8)100,84197,237334,958205,121
Special charges (recoveries) (Note 18)19,56174,35087,52198,937
Total operating expenses828,706810,9552,509,4851,709,374
Income from operations227,06863,989693,827395,005
Other income (expense), net (Note 22)9,95085,706(38,664)59,824
Interest and other related expense, net(132,663)(104,502)(413,719)(183,599)
Income before income taxes104,35545,193241,444271,230
Provision for (recovery of) income taxes (Note 15)6,028(12,420)24,43471,979
Net income for the period98,32757,613217,010199,251
Net (income) attributable to non-controlling interests(42)(57)(149)(138)
Net income attributable to OpenText$ 98,285$ 57,556$ 216,861$ 199,113
Earnings per share—basic attributable to OpenText (Note 23) (in dollars per share)$ 0.36$ 0.21$ 0.80$ 0.74
Earnings per share—diluted attributable to OpenText (Note 23) (in dollars per share)$ 0.36$ 0.21$ 0.80$ 0.74
Weighted average number of Common Shares outstanding—basic (in '000's) (in shares)272,272270,441271,671270,143
Weighted average number of Common Shares outstanding—diluted (in '000's) (in shares)273,033270,650272,349270,173
Cloud services and subscriptions    
Revenues (Note 3):    
Total revenues$ 454,528$ 435,449$ 1,355,633$ 1,248,774
Cost of revenues:    
Costs of revenues186,400157,658537,960423,771
Customer support    
Revenues (Note 3):    
Total revenues691,441575,8842,084,9161,209,743
Cost of revenues:    
Costs of revenues74,63967,067223,027123,010
License    
Revenues (Note 3):    
Total revenues200,363139,722662,627310,230
Cost of revenues:    
Costs of revenues6,7693,84016,59110,461
Professional service and other    
Revenues (Note 3):    
Total revenues100,79993,619304,252225,403
Cost of revenues:    
Costs of revenues$ 75,455$ 78,526$ 230,836$ 186,390

OTEX Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Jun. 30, 2023
ASSETS  
Cash and cash equivalents$ 1,125,323$ 1,231,625
Accounts receivable trade, net of allowance for credit losses of $11,390 as of March 31, 2024 and $13,828 as of June 30, 2023 (Note 4)654,190682,517
Contract assets (Note 3)66,12471,196
Income taxes recoverable (Note 15)14,11968,161
Prepaid expenses and other current assets (Note 9)212,261221,732
Assets held for sale (Note 19)2,120,3110
Total current assets4,192,3282,275,231
Property and equipment (Note 5)346,073356,904
Operating lease right of use assets (Note 6)229,327285,723
Long-term contract assets (Note 3)42,65964,553
Goodwill (Note 7)7,528,1478,662,603
Acquired intangible assets (Note 8)2,624,1174,080,879
Deferred tax assets (Note 15)1,019,878926,719
Other assets (Note 9)314,580342,318
Long-term income taxes recoverable (Note 15)95,56794,270
Total assets16,392,67617,089,200
Current liabilities:  
Accounts payable and accrued liabilities (Note 10)898,611996,261
Current portion of long-term debt (Note 11)45,850320,850
Operating lease liabilities (Note 6)80,96091,425
Deferred revenues (Note 3)1,583,6381,721,781
Income taxes payable (Note 15)150,99089,297
Liabilities held for sale (Note 19)228,1060
Total current liabilities2,988,1553,219,614
Long-term liabilities:  
Accrued liabilities (Note 10)48,03151,961
Pension liability, net (Note 12)128,955126,312
Long-term debt (Note 11)8,305,6708,562,096
Long-term operating lease liabilities (Note 6)224,984271,579
Long-term deferred revenues (Note 3)170,544217,771
Long-term income taxes payable (Note 15)154,679193,808
Deferred tax liabilities (Note 15)241,013423,955
Total long-term liabilities9,273,8769,847,482
Shareholders’ equity:  
Common shares2,276,7582,176,947
Accumulated other comprehensive income (loss) (Note 20)(73,045)(53,559)
Retained earnings2,059,0602,048,984
Treasury stock, at cost (3,376,994 and 3,536,375 shares at March 31, 2024 and June 30, 2023, respectively)(133,606)(151,597)
Total OpenText shareholders' equity4,129,1674,020,775
Non-controlling interests1,4781,329
Total shareholders’ equity4,130,6454,022,104
Total liabilities and shareholders’ equity$ 16,392,676$ 17,089,200
OTEX
Open Text Corporation provides information management software and solutions. The company offers content services, which includes 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; and analytics & 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. In addition, it 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. Open Text Corporation was incorporated in 1991 and is headquartered in Waterloo, Canada.
 CEO
 WEBSITEopentext.com
 INDUSTRYSoftware - Apps
 EMPLOYEES24100

Open Text Corp Frequently Asked Questions


What is the ticker symbol for Open Text Corp? What does OTEX stand for in stocks?

OTEX is the stock ticker symbol of Open Text Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Open Text Corp (OTEX)?

As of Thu May 09 2024, market cap of Open Text Corp is 8.22 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of OTEX stock?

You can check OTEX's fair value in chart for subscribers.

What is the fair value of OTEX stock?

You can check OTEX's fair value in chart for subscribers. The fair value of Open Text Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Open Text Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for OTEX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Open Text Corp a good stock to buy?

The fair value guage provides a quick view whether OTEX is over valued or under valued. Whether Open Text Corp is cheap or expensive depends on the assumptions which impact Open Text Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for OTEX.

What is Open Text Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 09 2024, OTEX's PE ratio (Price to Earnings) is 48.9 and Price to Sales (PS) ratio is 1.39. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. OTEX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Open Text Corp's stock?

In the past 10 years, Open Text Corp has provided 0.037 (multiply by 100 for percentage) rate of return.