Gary Weiss - Open Text Senior Vice President - Portfolio Group

OTEX Stock  USD 36.09  0.64  1.81%   

President

Mr. Gary Weiss serves as Senior Vice President, General Manager Discovery and Analytics of the Company. Prior to this role, Mr.Weiss held the position of Senior Vice President, Cloud Services from September 2014 to May 2016 and SVP of Information Exchange from July 2012 to September 2014. Prior to joining OpenText, Mr. Weiss worked at CA, Inc. from 2003 to 2011. During his tenure at CA, Mr. Weiss held various executive level positions, including SVP of Sales for the Security business, SVP, Business Development and Alliances, and was a member of the Senior Leadership team at CA from 2009 to 2011. Mr. Weiss has also worked as an independent consultant to small to midsize security organizations for many years. He began his career in Information Technology in 1993 as one of the first sales executives at Security Dynamics before joining eSecurity in 2001 to lead the North American Sales, Channel, and Technology Services since 2016.
Age 49
Tenure 8 years
Address 275 Frank Tompa Drive, Waterloo, ON, Canada, N2L 0A1
Phone519 888 7111
Webhttps://www.opentext.com
Weiss holds a B.A. from Tulane University.

Open Text Management Efficiency

The company has return on total asset (ROA) of 0.0385 % which means that it generated a profit of $0.0385 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0313 %, meaning that it created $0.0313 on every $100 dollars invested by stockholders. Open Text's management efficiency ratios could be used to measure how well Open Text manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Open Text's Return On Tangible Assets are fairly stable compared to the past year. Return On Equity is likely to rise to 0.04 in 2024, whereas Return On Capital Employed is likely to drop 0.03 in 2024. At this time, Open Text's Asset Turnover is fairly stable compared to the past year.
The company currently holds 9.25 B in liabilities with Debt to Equity (D/E) ratio of 1.11, which is about average as compared to similar companies. Open Text Corp has a current ratio of 1.53, which is within standard range for the sector. Debt can assist Open Text until it has trouble settling it off, either with new capital or with free cash flow. So, Open Text's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Open Text Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Open to invest in growth at high rates of return. When we think about Open Text's use of debt, we should always consider it together with cash and equity.

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Open Text Corporation engages in the designs, develops, markets, and sells information management software and solutions. Open Text Corporation was incorporated in 1991 and is headquartered in Waterloo, Canada. Open Text operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 14800 people. Open Text Corp (OTEX) is traded on NASDAQ Exchange in USA. It is located in 275 Frank Tompa Drive, Waterloo, ON, Canada, N2L 0A1 and employs 23,600 people. Open Text is listed under Application Software category by Fama And French industry classification.

Management Performance

Open Text Corp Leadership Team

Elected by the shareholders, the Open Text's board of directors comprises two types of representatives: Open Text inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Open. The board's role is to monitor Open Text's management team and ensure that shareholders' interests are well served. Open Text's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Open Text's outside directors are responsible for providing unbiased perspectives on the board's policies.
Aditya Maheshwari, Senior Vice President Chief Accounting Officer
Greg Secord, Vice President - Investor Relations
Gary Weiss, Senior Vice President - Portfolio Group
Michael Acedo, Chief VP
Sandy Ono, Executive Officer
Adam Howatson, Chief Marketing Officer
Brian Jackman, Independent Director
David Jamieson, CIO
Stephen Sadler, Director
Simon Harrison, Senior Vice President - Enterprise Sales
Jurgen Tinggren, Director
John Doolittle, CFO and Executive VP
Cosmin Balota, Senior Officer
George Schulze, Senior Vice-President - Information Exchange Sales
Gordon Davies, Chief Admin. Officer, Chief Legal Officer, Executive VP, Compliance Officer and Corporate Secretary
Prentiss Donohue, Senior Vice President - Professional Services
Carl Tinggren, Director
Madhu Ranganathan, CFO, Executive Vice President
Thomas Jenkins, Chairman of the Board
Douglas Parker, Senior Vice President - Corporate Development
Howard CPA, VP Officer
Leslie Sarauer, Senior Vice President - Human Resources
Katharine Stevenson, Independent Director
Stephen Murphy, President
Renee McKenzie, Ex Officer
Michael Slaunwhite, Independent Director
David Fraser, Independent Director
Harry Blount, Senior Relations
Lisa Zangari, Chief Human Resource Officer
Randy Fowlie, Lead Independent Director
Jen Bell, Vice Officer
Paul Duggan, Executive Officer
Gail Hamilton, Independent Director
Muhi Majzoub, Sr. VP of Engineering
James McGourlay, Senior Vice President - Worldwide Customer Service
Paul Jenkins, Chairman of the Board
Harmit Singh, Independent Director
Mark Barrenechea, CEO, CTO and Non Independent Director
Deborah Weinstein, Independent Director

Open Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Open Text a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Open Text Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Open Text's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Open Text Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Open Text Corp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Open Text Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Open Text Corp information on this page should be used as a complementary analysis to other Open Text's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running Open Text's price analysis, check to measure Open Text's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Open Text is operating at the current time. Most of Open Text's value examination focuses on studying past and present price action to predict the probability of Open Text's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Open Text's price. Additionally, you may evaluate how the addition of Open Text to your portfolios can decrease your overall portfolio volatility.
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Is Open Text's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Open Text. If investors know Open will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Open Text listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.85)
Dividend Share
0.986
Earnings Share
0.48
Revenue Per Share
21.019
Quarterly Revenue Growth
0.71
The market value of Open Text Corp is measured differently than its book value, which is the value of Open that is recorded on the company's balance sheet. Investors also form their own opinion of Open Text's value that differs from its market value or its book value, called intrinsic value, which is Open Text's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Open Text's market value can be influenced by many factors that don't directly affect Open Text's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Open Text's value and its price as these two are different measures arrived at by different means. Investors typically determine if Open Text is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Open Text's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.