CSIMarket
 
Open Text Corp  (NASDAQ: OTEX)
 
Price: $24.9600 $0.11 0.443%
Day's High: $25.15999984741211 Week Perf: -3.11 %
Day's Low: $ 24.69 30 Day Perf: 5.32 %
Volume (M): 92,553 52 Wk High: $ 35.26
Volume (M$): $ 0 52 Wk Avg: $25.61
Open: $24.71 52 Wk Low: $19.78



 Market Capitalization (Millions $) 6,042
 Shares Outstanding (Millions) 242
 Employees 19,900
 Revenues (TTM) (Millions $) 4,947
 Net Income (TTM) (Millions $) 652
 Cash Flow (TTM) (Millions $) -18
 Capital Exp. (TTM) (Millions $) 187

Business Description


OpenText Corp is a Canadian software company that provides enterprise information management software solutions for organizations across various industries. The company operates globally and has a broad customer base across multiple continents, including North America, Europe, Asia Pacific, and the Middle East.

Founded in 1991 by two computer science graduate students at the University of Waterloo, OpenText began as a text-searching software provider. The company has since expanded its capabilities to cover enterprise content management, business process management, customer experience management, and security and compliance, among others.

OpenText's extensive software portfolio includes more than 100 products and services, such as OpenText Content Server, OpenText Documentum, OpenText eDOCS, OpenText EnCase, OpenText Magellan, and OpenText Captiva. These offerings enable organizations to manage, secure, and analyze their data, streamline their workflows, and gain insights into their operations.

OpenText has a strong reputation for delivering innovative solutions that address the complex and evolving needs of its customers. It has received numerous industry awards in recognition of its technology leadership, including the "Leader" designation from Gartner in several Magic Quadrants.

The company's customer base includes organizations in various industries, such as financial services, healthcare, energy, government, manufacturing, and retail. OpenText serves many Fortune 500 companies, as well as small and medium-sized businesses, and has established partnerships with technology companies like Microsoft, Google, and SAP.

OpenText prioritizes customer success and has a robust customer support program that spans a network of regional offices worldwide. Through its OpenText University program, the company offers training and certification programs to help customers maximize the value of their software investments.

In recent years, OpenText has also expanded via acquisition. Notable purchases include Dell EMC's Enterprise Content Division, GXS Group, and Hummingbird Ltd. These acquisitions have enabled OpenText to expand its product portfolio and customer base, as well as to establish a strong presence in new markets.

Overall, OpenText Corp is a leading provider of enterprise information management software solutions that enable organizations to manage data, streamline workflows, and gain insights into their operations. The company's extensive product portfolio, reputation for innovation, and commitment to customer success make it a formidable player in the global technology market.


   Company Address: 275 Frank Tompa Drive, Waterloo, 0 ON
   Company Phone Number: 888-7111   Stock Exchange / Ticker: NASDAQ OTEX


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
ADBE   -4.93%    
IBM   -2.19%    
MSFT        7.07% 
NOW   -3.59%    
ORCL   -2.37%    
• View Complete Report
   



Products & Services

Unleashing the Power of OpenText Cloud Editions 24.2: Augmenting Work in the Digital Era

Published Mon, Apr 15 2024 8:30 AM UTC

Unleashing Digital Transformation: OpenText Cloud Editions 24.2 Empowers Businesses to Redefine WorkThe world of information management is constantly evolving, and businesses must adapt to stay ahead of the curve. OpenText, the pioneering information company, is revolutionizing the way work is approached with its cutting-edge AI-powered solutions. On April 15, 2024, OpenText...

Personnel Announcements

OpenText Strengthens Board with Goldy Hyder and Charges Forward to Boost Return on Equity

Published Wed, Dec 6 2023 9:01 PM UTC


In a recent announcement, Open Text Corporation (NASDAQ: OTEX, TSX: OTEX) revealed the appointment of Goldy Hyder to its esteemed board of directors. Hyder currently holds the esteemed position of President and Chief Executive Officer of the Business Council of Canada, a prestigious non-profit, non-partisan organization. This appointment brings immense value to Open Tex...

Contract

Rocket Software Rockets Ahead, Acquires OpenText's AMC Business, Driving Innovation and Digital Transformation

Published Wed, Nov 29 2023 4:12 AM UTC

Rocket Software Acquires OpenText s Application Modernization and Connectivity Business for $2.275 Billion
Rocket Software, a global technology leader driving innovation and modernization for major corporations worldwide, has announced its definitive agreement to acquire OpenText s Application Modernization and Connectivity (AMC) business. This division was previously a ...

Contract

Rocket Software Rockets Ahead with Game-Changing Acquisition, Sets Sights on Technology Dominance

Published Tue, Nov 28 2023 9:20 PM UTC



In a major development that reinforces its position as a global technology leader, Rocket Software, Inc. has announced its definitive agreement to acquire the Application Modernization and Connectivity business (AMC) of OpenText, formerly part of Micro Focus. The deal, valued at $2.275 billion, marks Rocket Software s commitment to driving modernization for the wor...




Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) 9.53
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 1.22
Price to Sales (Expected) -
Price to Book 1.47
PEG (TTM) 0.26

Financial Strength Current
Quick Ratio 0.41
Working Capital Ratio 0.84
Leverage Ratio (MRQ) 2.14
Total Debt to Equity 1.41
Interest Coverage (TTM) 8.81
Debt Coverage (TTM) 0.43

Per Share Current
Earnings (TTM) 2.62 $
Revenues (TTM) 20.43 $
Cash Flow (TTM) -
Cash 4.06 $
Book Value 16.98 $
Dividend (TTM) 1.12 $

Efficiency Current
Revenue per Employee (TTM) 248,577
Net Income per Employee (TTM) 32,756
Receivable Turnover Ratio (TTM) 7.33
Inventory Turnover Ratio (TTM) -
Asset Turnover Ratio (TTM) 0.37

Profitability Ratios Current
Gross Margin (MRQ) 73.39 %
Operating Margin (MRQ) 20.16 %
Net Margin (MRQ) 12.48 %
Net Cash Flow Margin (MRQ) 0 %
Effective Tax Rate (TTM) 25.24 %

Management Effectiveness Current
Return On Assets (TTM) 4.93 %
Return On Investment (TTM) 6.17 %
Return On Equity (TTM) 16.16 %
Dividend Yield 4.49 %
Pay out Ratio (TTM) 42.75 %



Open Text's Segments
Cloud services and subscriptions    40.63 % of total Revenue
Client Support    42.93 % of total Revenue
License    9.95 % of total Revenue
Professional service and other    5.88 % of total Revenue
Americas    56.53 % of total Revenue
EMEA    33.95 % of total Revenue
Asia Pacific    8.91 % of total Revenue
Cloud Revenues and Customer Support Revenues    83.55 % of total Revenue
Content - Product    42.04 % of total Revenue
Business Network - Product    12.93 % of total Revenue
IT Operations Management - Product    6.81 % of total Revenue
Cybersecurity (Enterprise) - Product    7.7 % of total Revenue
Cybersecurity (SMB & Consumer) - Product    10.27 % of total Revenue
Application Delivery Management - Product    8.36 % of total Revenue
Analytics - Product    1.67 % of total Revenue
Portfolio - Product    9.63 % of total Revenue
Product    99.39 % of total Revenue
Content - Cloud Services and Subscriptions    13.09 % of total Revenue
Business Network - Cloud Services and Subscriptions    12.34 % of total Revenue
IT Operations Management - Cloud Services and Subscriptions    0.82 % of total Revenue
Cybersecurity (Enterprise) - Cloud Services and Subscriptions    0.95 % of total Revenue
Cybersecurity (SMB & Consumer) - Cloud Services and Subscriptions    9.39 % of total Revenue
Application Delivery Management - Cloud Services and Subscriptions    2.35 % of total Revenue
Analytics - Cloud Services and Subscriptions    1.47 % of total Revenue
Portfolio - Cloud Services and Subscriptions    0.2 % of total Revenue
Service    40.63 % of total Revenue
Reportable    99.39 % of total Revenue





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