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Open Text Corporation is a software-application business based in the US. Open Text Corporation shares (OTEX) are listed on the NASDAQ and all prices are listed in US Dollars. Open Text Corporation employs 14,400 staff and has a trailing 12-month revenue of around 0.00.
|52-week range||$28.63 - $49.77|
|50-day moving average||$46.58|
|200-day moving average||$44.02|
|Wall St. target price||$56.59|
|Dividend yield||$0.698 (1.5%)|
|Earnings per share (TTM)||$0.33|
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This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Valuing Open Text Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Open Text Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Open Text Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 142x. In other words, Open Text Corporation shares trade at around 142x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Open Text Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.87. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Open Text Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Open Text Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1 billion.
The EBITDA is a measure of a Open Text Corporation's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$3.3 billion|
|Operating margin TTM||20.66%|
|Gross profit TTM||$2.3 billion|
|Return on assets TTM||4.43%|
|Return on equity TTM||2.26%|
|Market capitalisation||$12.9 billion|
TTM: trailing 12 months
There are currently 2.9 million Open Text Corporation shares held short by investors – that's known as Open Text Corporation's "short interest". This figure is 23.2% up from 2.4 million last month.
There are a few different ways that this level of interest in shorting Open Text Corporation shares can be evaluated.
Open Text Corporation's "short interest ratio" (SIR) is the quantity of Open Text Corporation shares currently shorted divided by the average quantity of Open Text Corporation shares traded daily (recently around 785535.21505376). Open Text Corporation's SIR currently stands at 3.72. In other words for every 100,000 Open Text Corporation shares traded daily on the market, roughly 3720 shares are currently held short.
However Open Text Corporation's short interest can also be evaluated against the total number of Open Text Corporation shares, or, against the total number of tradable Open Text Corporation shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Open Text Corporation's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Open Text Corporation shares in existence, roughly 10 shares are currently held short) or 0.0088% of the tradable shares (for every 100,000 tradable Open Text Corporation shares, roughly 9 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Open Text Corporation.
Find out more about how you can short Open Text Corporation stock.
Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Open Text Corporation.
When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.
Total ESG risk: 19.6
Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Open Text Corporation's overall score of 19.6 (as at 12/31/2018) is excellent – landing it in it in the 14th percentile of companies rated in the same sector.
ESG scores are increasingly used to estimate the level of risk a company like Open Text Corporation is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).
Environmental score: 0.77/100
Open Text Corporation's environmental score of 0.77 puts it squarely in the 3rd percentile of companies rated in the same sector. This could suggest that Open Text Corporation is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.
Social score: 11.04/100
Open Text Corporation's social score of 11.04 puts it squarely in the 3rd percentile of companies rated in the same sector. This could suggest that Open Text Corporation is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.
Governance score: 4.29/100
Open Text Corporation's governance score puts it squarely in the 3rd percentile of companies rated in the same sector. That could suggest that Open Text Corporation is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.
|Total ESG score||19.6|
|Total ESG percentile||13.6|
|Environmental score percentile||3|
|Social score percentile||3|
|Governance score percentile||3|
Dividend payout ratio: 23.1% of net profits
Recently Open Text Corporation has paid out, on average, around 23.1% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.78% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Open Text Corporation shareholders could enjoy a 1.78% return on their shares, in the form of dividend payments. In Open Text Corporation's case, that would currently equate to about $0.698 per share.
While Open Text Corporation's payout ratio might seem low, this can signify that Open Text Corporation is investing more in its future growth.
Open Text Corporation's most recent dividend payout was on 25 March 2021. The latest dividend was paid out to all shareholders who bought their shares by 3 March 2021 (the "ex-dividend date").
Open Text Corporation's shares were split on a 2:1 basis on 24 January 2017. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Open Text Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Open Text Corporation shares which in turn could have impacted Open Text Corporation's share price.
Over the last 12 months, Open Text Corporation's shares have ranged in value from as little as $28.6257 up to $49.7688. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Open Text Corporation's is 0.9333. This would suggest that Open Text Corporation's shares are less volatile than average (for this exchange).
Open Text Corporation provides a suite of software products and services. The company offers content services; business network that manages and connects data within the organization; Cyber Resilience, a solution for defending against cyber threats and preparing for business continuity and response in the event of a breach; OpenText security solutions that addresses information security and digital investigations; AI and analytics that leverages structured or unstructured data; and OpenText Information Management software platform that provides multi-level, multi-role, and multi context security information platforms. It also offers digital process automation, which enables organizations to transform into digital data-driven businesses through automation; Customer Experience Management, a set of processes used to track customer interactions throughout the customer journey; and Discovery suite that provides forensics and unstructured data analytics for searching, collecting, and investigating enterprise data to manage legal obligations and risk. In addition, the company offers customer support programs that include access to software upgrades, a knowledge base, discussions, product information, and an online mechanism to post and review trouble tickets. Further, it provides professional services, such as consulting and learning services relating to the implementation, training, and integration of its licensed product offerings, as well as cloud services. The company serves organizations, enterprise companies, mid-market companies, and public sector agencies worldwide. It has strategic partnerships with SAP SE, Microsoft Corporation, Oracle Corporation, Salesforce.
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