OTEX RSI Chart
Last 7 days
-15.0%
Last 30 days
-19.2%
Last 90 days
-28.0%
Trailing 12 Months
-27.3%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 5.9B | 0 | 0 | 0 |
2023 | 3.9B | 4.5B | 5.1B | 5.7B |
2022 | 3.5B | 3.5B | 3.5B | 3.5B |
2021 | 3.3B | 3.4B | 3.4B | 3.4B |
2020 | 3.0B | 3.1B | 3.2B | 3.3B |
2019 | 2.9B | 2.9B | 2.9B | 2.9B |
2018 | 2.7B | 2.8B | 2.8B | 2.8B |
2017 | 2.1B | 2.3B | 2.4B | 2.6B |
2016 | 1.8B | 1.8B | 1.9B | 2.0B |
2015 | 1.9B | 1.9B | 1.8B | 1.8B |
2014 | 1.5B | 1.6B | 1.8B | 1.9B |
2013 | 1.3B | 1.4B | 1.4B | 1.4B |
2012 | 1.2B | 1.2B | 1.2B | 1.3B |
2011 | 987.9M | 1.0B | 1.1B | 1.2B |
2010 | 875.3M | 912.0M | 918.0M | 937.7M |
2009 | 770.6M | 785.7M | 814.5M | 854.6M |
2008 | 660.6M | 725.5M | 740.6M | 755.6M |
2007 | 0 | 595.7M | 0 | 0 |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Which funds bought or sold OTEX recently?
View All DetailsDatesorted ascending | Fund Name | Type | % 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% |
Unveiling Open Text Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Open Text Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CRM | 266.9B | 34.9B | 64.53 | 7.66 | ||||
UBER | 141.9B | 38.6B | 102.12 | 3.68 | ||||
ADSK | 46.8B | 5.3B | 51 | 8.75 | ||||
ANSS | 28.6B | 2.2B | 65.74 | 12.83 | ||||
ZM | 18.4B | 4.5B | 28.84 | 4.06 | ||||
MID-CAP | ||||||||
APPF | 8.9B | 671.8M | 115.75 | 13.18 | ||||
LYFT | 6.9B | 4.7B | -37.58 | 1.48 | ||||
ALRM | 3.5B | 895.2M | 38.56 | 3.86 | ||||
AYX | 3.4B | 970.0M | -19.13 | 3.53 | ||||
AI | 2.9B | 296.4M | -10.78 | 9.88 | ||||
AGYS | 2.2B | 228.1M | 25.39 | 9.72 | ||||
SMALL-CAP | ||||||||
AVID | 1.2B | 413.5M | 92.02 | 2.88 | ||||
APPS | 228.5M | 572.4M | -1.15 | 0.4 | ||||
AEYE | 210.9M | 31.6M | -35.92 | 6.67 | ||||
ASUR | 194.9M | 117.7M | -19.76 | 1.66 |
Open Text Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | -5.7% | 1,447 | 1,535 | 1,425 | 1,491 | 1,245 | 897 | 852 | 902 | 882 | 877 | 832 | 894 | 833 | 856 | 804 | 827 | 815 | 772 | 697 | 747 | 719 |
Gross Profit | -6.5% | 1,056 | 1,129 | 1,018 | 1,064 | 875 | 636 | 594 | 634 | 608 | 616 | 574 | 622 | 572 | 603 | 555 | 566 | 532 | 539 | 468 | 510 | 480 |
Operating Expenses | -5.3% | 829 | 875 | 806 | 943 | 811 | 451 | 447 | 496 | 476 | 423 | 391 | 450 | 419 | 369 | 373 | 475 | 437 | 354 | 336 | 353 | 344 |
S&GA Expenses | 5.7% | 296 | 280 | 272 | 333 | 271 | 177 | 167 | 186 | 181 | 164 | 146 | 183 | 159 | 148 | 132 | 153 | 166 | 137 | 129 | 139 | 132 |
EBITDA Margin | 10.9% | -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 Expenses | 4.8% | -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% | 6.00 | 8.00 | 10.00 | -1.21 | -12.42 | 51.00 | 34.00 | -5.00 | 41.00 | 39.00 | 43.00 | -2.20 | 32.00 | 268 | 43.00 | 32.00 | 9.00 | 47.00 | 23.00 | 56.00 | 33.00 |
Earnings Before Taxes | 127.9% | 104 | 46.00 | 91.00 | -49.90 | 45.00 | 309 | -83.26 | 97.00 | 116 | 128 | 175 | 179 | 123 | 202 | 146 | 58.00 | 35.00 | 154 | 98.00 | 128 | 105 |
EBT Margin | 39.7% | 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 Income | 160.9% | 98.00 | 38.00 | 81.00 | -48.73 | 58.00 | 258 | -116 | 102 | 75.00 | 88.00 | 132 | 181 | 91.00 | -65.48 | 103 | 26.00 | 26.00 | 107 | 74.00 | 72.00 | 73.00 |
Net Income Margin | 27.4% | 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 Cashflow | 9.7% | 385 | 351 | 47.00 | 115 | 337 | 195 | 132 | 252 | 324 | 217 | 190 | 296 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -0.3% | 16,393 | 16,443 | 16,554 | 17,089 | 17,428 | 11,218 | 10,077 | 10,179 | 10,163 | 10,165 | 9,519 | 9,609 | 9,557 | 9,769 | 10,162 | 10,235 | 10,162 | 9,498 | 8,020 | 7,934 | 7,865 |
Current Assets | 2.7% | 4,192 | 4,084 | 1,945 | 2,275 | 2,433 | 3,459 | 2,244 | 2,285 | 2,232 | 2,099 | 2,251 | 2,202 | 2,062 | 2,129 | 2,436 | 2,386 | 2,111 | 1,354 | 1,543 | 1,561 | 1,398 |
Cash Equivalents | 12.4% | 1,127 | 1,003 | 920 | 1,232 | 1,397 | 2,821 | 1,704 | 1,696 | 1,634 | 1,512 | 1,735 | 1,607 | 1,476 | 1,501 | 1,846 | 1,697 | 1,453 | 675 | 999 | 944 | 765 |
Net PPE | -1.8% | 346 | 353 | 362 | 357 | 341 | 251 | 251 | 245 | 228 | 244 | 223 | 234 | 231 | 227 | 235 | 245 | 259 | 273 | 249 | 249 | 242 |
Goodwill | -1.0% | 7,528 | 7,604 | 8,619 | 8,663 | 8,749 | 5,250 | 5,227 | 5,245 | 5,265 | 586 | 4,687 | 4,692 | 4,688 | 4,696 | 4,683 | 4,672 | 4,679 | 852 | 3,766 | 3,770 | 3,772 |
Current Liabilities | 1.0% | 2,988 | 2,959 | 2,822 | 3,220 | 3,484 | 1,494 | 1,578 | 1,468 | 1,418 | 1,303 | 1,198 | 1,362 | 1,339 | 1,536 | 1,785 | 1,904 | 1,855 | 2,168 | 952 | 1,015 | 1,015 |
Long Term Debt | -2.0% | 8,306 | 8,475 | 8,555 | 8,562 | 8,565 | 5,193 | 4,209 | 4,210 | 4,211 | 4,211 | 3,578 | 3,579 | 3,580 | - | - | 3,584 | - | - | - | - | - |
LT Debt, Current | 0% | 46.00 | 46.00 | 146 | 321 | 496 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 610 | 610 | 610 | 914 | 10.00 | 10.00 | 10.00 |
LT Debt, Non Current | -100.0% | - | 8,475 | 8,555 | 8,562 | 8,565 | 5,193 | 4,209 | 4,210 | 4,211 | 4,211 | 3,578 | 3,579 | 3,580 | - | - | 3,584 | - | - | - | - | - |
Shareholder's Equity | 2.5% | 4,131 | 4,029 | 4,014 | 4,021 | 4,122 | 4,121 | 3,850 | 4,032 | 4,056 | 4,130 | 4,209 | 4,099 | 4,032 | 4,003 | 4,068 | 4,007 | 3,998 | 3,999 | 3,908 | 3,885 | 3,838 |
Retained Earnings | 1.4% | 2,059 | 2,030 | 2,062 | 2,049 | 2,163 | 2,171 | 1,978 | 2,160 | 2,151 | 2,174 | 2,225 | 2,153 | 2,130 | 2,093 | 2,213 | 2,159 | 2,180 | 2,202 | 2,141 | 2,114 | 2,089 |
Shares Outstanding | 0.3% | 273 | 272 | 271 | 271 | 270 | 270 | 270 | 270 | 271 | 272 | 272 | 273 | - | - | - | - | - | - | - | - | - |
Minority Interest | 2.9% | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
Float | - | - | - | - | - | - | 7,800 | - | - | - | 12,600 | - | - | - | 12,200 | - | - | - | 11,700 | - | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | 9.7% | 384,697 | 350,653 | 47,121 | 115,301 | 336,775 | 195,170 | 131,959 | 251,940 | 323,557 | 216,644 | 189,669 | 296,189 | 63,572 | 282,455 | 233,904 | 280,250 | 329,601 | 207,238 | 137,447 | 229,777 | 285,997 |
Share Based Compensation | -10.3% | 36,042 | 40,175 | 37,095 | 41,904 | 36,368 | 28,822 | 23,208 | 24,465 | 16,748 | 14,409 | 13,934 | 13,350 | 12,357 | 14,526 | 11,736 | 8,002 | 6,856 | 7,783 | 6,891 | 6,618 | 6,712 |
Cashflow From Investing | 40.3% | -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 Financing | 3.6% | -227,433 | -235,904 | -297,021 | -259,223 | 3,792,715 | 926,722 | -57,161 | -127,606 | -153,751 | 445,867 | -26,054 | -141,692 | -63,393 | -643,662 | -75,800 | -39,978 | 648,141 | 711,429 | -50,813 | -33,666 | -27,389 |
Dividend Payments | -100.0% | - | 66,400 | 67,000 | 65,011 | 64,900 | 64,900 | 64,698 | 59,050 | 59,100 | 59,700 | 59,900 | 54,422 | 54,500 | 54,500 | 47,269 | 47,324 | 47,300 | 47,100 | 47,000 | 46,976 | 40,700 |
Buy Backs | - | - | - | - | - | - | - | - | 40,870 | 45,083 | 91,034 | - | 86,670 | 23,000 | - | 41,870 | -12,400 | - | - | 12,400 | -9.50 | 2,000 |
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 9 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) | 48,094 | 62,639 | 195,702 | 146,139 |
Total cost of revenues | 391,357 | 369,730 | 1,204,116 | 889,771 |
Gross profit | 1,055,774 | 874,944 | 3,203,312 | 2,104,379 |
Operating expenses: | ||||
Research and development | 234,022 | 210,731 | 688,679 | 430,629 |
Sales and marketing | 296,249 | 271,013 | 848,313 | 615,354 |
General and administrative | 145,924 | 127,047 | 450,399 | 282,724 |
Depreciation | 32,109 | 30,577 | 99,615 | 76,609 |
Amortization of acquired customer-based intangible assets (Note 8) | 100,841 | 97,237 | 334,958 | 205,121 |
Special charges (recoveries) (Note 18) | 19,561 | 74,350 | 87,521 | 98,937 |
Total operating expenses | 828,706 | 810,955 | 2,509,485 | 1,709,374 |
Income from operations | 227,068 | 63,989 | 693,827 | 395,005 |
Other income (expense), net (Note 22) | 9,950 | 85,706 | (38,664) | 59,824 |
Interest and other related expense, net | (132,663) | (104,502) | (413,719) | (183,599) |
Income before income taxes | 104,355 | 45,193 | 241,444 | 271,230 |
Provision for (recovery of) income taxes (Note 15) | 6,028 | (12,420) | 24,434 | 71,979 |
Net income for the period | 98,327 | 57,613 | 217,010 | 199,251 |
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) | 272,272 | 270,441 | 271,671 | 270,143 |
Weighted average number of Common Shares outstanding—diluted (in '000's) (in shares) | 273,033 | 270,650 | 272,349 | 270,173 |
Cloud services and subscriptions | ||||
Revenues (Note 3): | ||||
Total revenues | $ 454,528 | $ 435,449 | $ 1,355,633 | $ 1,248,774 |
Cost of revenues: | ||||
Costs of revenues | 186,400 | 157,658 | 537,960 | 423,771 |
Customer support | ||||
Revenues (Note 3): | ||||
Total revenues | 691,441 | 575,884 | 2,084,916 | 1,209,743 |
Cost of revenues: | ||||
Costs of revenues | 74,639 | 67,067 | 223,027 | 123,010 |
License | ||||
Revenues (Note 3): | ||||
Total revenues | 200,363 | 139,722 | 662,627 | 310,230 |
Cost of revenues: | ||||
Costs of revenues | 6,769 | 3,840 | 16,591 | 10,461 |
Professional service and other | ||||
Revenues (Note 3): | ||||
Total revenues | 100,799 | 93,619 | 304,252 | 225,403 |
Cost of revenues: | ||||
Costs of revenues | $ 75,455 | $ 78,526 | $ 230,836 | $ 186,390 |
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) | 654,190 | 682,517 |
Contract assets (Note 3) | 66,124 | 71,196 |
Income taxes recoverable (Note 15) | 14,119 | 68,161 |
Prepaid expenses and other current assets (Note 9) | 212,261 | 221,732 |
Assets held for sale (Note 19) | 2,120,311 | 0 |
Total current assets | 4,192,328 | 2,275,231 |
Property and equipment (Note 5) | 346,073 | 356,904 |
Operating lease right of use assets (Note 6) | 229,327 | 285,723 |
Long-term contract assets (Note 3) | 42,659 | 64,553 |
Goodwill (Note 7) | 7,528,147 | 8,662,603 |
Acquired intangible assets (Note 8) | 2,624,117 | 4,080,879 |
Deferred tax assets (Note 15) | 1,019,878 | 926,719 |
Other assets (Note 9) | 314,580 | 342,318 |
Long-term income taxes recoverable (Note 15) | 95,567 | 94,270 |
Total assets | 16,392,676 | 17,089,200 |
Current liabilities: | ||
Accounts payable and accrued liabilities (Note 10) | 898,611 | 996,261 |
Current portion of long-term debt (Note 11) | 45,850 | 320,850 |
Operating lease liabilities (Note 6) | 80,960 | 91,425 |
Deferred revenues (Note 3) | 1,583,638 | 1,721,781 |
Income taxes payable (Note 15) | 150,990 | 89,297 |
Liabilities held for sale (Note 19) | 228,106 | 0 |
Total current liabilities | 2,988,155 | 3,219,614 |
Long-term liabilities: | ||
Accrued liabilities (Note 10) | 48,031 | 51,961 |
Pension liability, net (Note 12) | 128,955 | 126,312 |
Long-term debt (Note 11) | 8,305,670 | 8,562,096 |
Long-term operating lease liabilities (Note 6) | 224,984 | 271,579 |
Long-term deferred revenues (Note 3) | 170,544 | 217,771 |
Long-term income taxes payable (Note 15) | 154,679 | 193,808 |
Deferred tax liabilities (Note 15) | 241,013 | 423,955 |
Total long-term liabilities | 9,273,876 | 9,847,482 |
Shareholders’ equity: | ||
Common shares | 2,276,758 | 2,176,947 |
Accumulated other comprehensive income (loss) (Note 20) | (73,045) | (53,559) |
Retained earnings | 2,059,060 | 2,048,984 |
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' equity | 4,129,167 | 4,020,775 |
Non-controlling interests | 1,478 | 1,329 |
Total shareholders’ equity | 4,130,645 | 4,022,104 |
Total liabilities and shareholders’ equity | $ 16,392,676 | $ 17,089,200 |
 | Mr. Mark J. Barrenechea |
---|---|
 | opentext.com |
 | Software - Apps |
 | 24100 |