CSIMarket
 
Open Text Corp  (NASDAQ: OTEX)
 
Price: $23.9500 $-0.90 -3.622%
Day's High: $24.415000915527344 Week Perf: -3.93 %
Day's Low: $ 23.72 30 Day Perf: -6.66 %
Volume (M): 1,614,363 52 Wk High: $ 39.90
Volume (M$): $ 0 52 Wk Avg: $27.98
Open: $24.28 52 Wk Low: $19.78



 Market Capitalization (Millions $) 5,939
 Shares Outstanding (Millions) 248
 Employees 19,900
 Revenues (TTM) (Millions $) 4,679
 Net Income (TTM) (Millions $) 516
 Cash Flow (TTM) (Millions $) -25
 Capital Exp. (TTM) (Millions $) 170

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   -8.58%    
GEN   -1.19%    
IBM   -0.3%    
MSFT   -2.69%    
NOW   -2.38%    
ORCL        5.29% 
• 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) 11.67
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 1.27
Price to Sales (Expected) -
Price to Book 1.5
PEG (TTM) -

Financial Strength Current
Quick Ratio 0.49
Working Capital Ratio 0.94
Leverage Ratio (MRQ) 2.25
Total Debt to Equity 1.57
Interest Coverage (TTM) 8.57
Debt Coverage (TTM) 0.23

Per Share Current
Earnings (TTM) 2.05 $
Revenues (TTM) 18.87 $
Cash Flow (TTM) -
Cash 5.06 $
Book Value 15.99 $
Dividend (TTM) 1.1 $

Efficiency Current
Revenue per Employee (TTM) 235,110
Net Income per Employee (TTM) 25,951
Receivable Turnover Ratio (TTM) 7.38
Inventory Turnover Ratio (TTM) -
Asset Turnover Ratio (TTM) 0.35

Profitability Ratios Current
Gross Margin (MRQ) 80.99 %
Operating Margin (MRQ) 17.39 %
Net Margin (MRQ) 14.93 %
Net Cash Flow Margin (MRQ) -1.52 %
Effective Tax Rate (TTM) 16.66 %

Management Effectiveness Current
Return On Assets (TTM) 3.82 %
Return On Investment (TTM) 4.93 %
Return On Equity (TTM) 13 %
Dividend Yield 4.68 %
Pay out Ratio (TTM) 53.61 %



Open Text's Segments
Point in time    12.54 % of total Revenue
Over time including professional service and other revenue    98.28 % of total Revenue
Total recurring revenues    91.4 % of total Revenue
Cloud services and subscriptions    42.59 % of total Revenue
Customer support    48.81 % of total Revenue
License    12.54 % of total Revenue
Professional service and other    6.88 % of total Revenue
Total revenues by Product Categories    110.82 % of total Revenue
Content    12.9 % of total Revenue
Business Network    13.24 % of total Revenue
ITOM    0.96 % of total Revenue
Cybersecurity Enterprise    1.51 % of total Revenue
Cybersecurity SMB Consumer    9.92 % of total Revenue
ADM    2.54 % of total Revenue
Analytics    1.53 % of total Revenue
Total cloud services and subscriptions revenues by Product Categories    42.59 % of total Revenue
Americas    60.67 % of total Revenue
EMEA    40.4 % of total Revenue
Asia Pacific    9.75 % of total Revenue
Disposal Group Held-for-Sale Not Discontinued Operations Vertica    3.68 % of total Revenue
Customer support Disposal Group Held-for-Sale Not Discontinued Operations Vertica    3.54 % of total Revenue
Reportable Segment    110.82 % of total Revenue





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