Open Text Corp Stock Today
| OTEX Stock | CAD 44.65 0.27 0.61% |
Performance5 of 100
| Odds Of DistressLess than 31
|
Open Text is selling at 44.65 as of the 3rd of October 2024; that is 0.61% increase since the beginning of the trading day. The stock's open price was 44.38. Open Text has about a 31 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Open Text Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of April 2024 and ending today, the 3rd of October 2024. Click here to learn more.
Business Domain Software & Services | Category Technology | Classification Information Technology |
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 Canada and is traded on Toronto Stock Exchange. The company has 268.19 M outstanding shares of which 3.35 M shares are now shorted by private and institutional investors with about 4.69 days to cover all short positions. More on Open Text Corp
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Open Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Open Text's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Open Text or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Open Text's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Open Text's managers, analysts, and investors.
Environment Score | Governance Score | Social Score |
| Chairman | Mark Barrenechea | ||||
| Business Concentration | Application Software, Software - Application, Information Technology, Information Technology, Software, Software—Application, Technology (View all Sectors) | ||||
Open Text's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Open Text's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsOpen Text can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Open Text's financial leverage. It provides some insight into what part of Open Text's total assets is financed by creditors.
| |||||
Open Text Corp (OTEX) is traded on Toronto Exchange in Canada and employs 22,900 people. Open Text is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 11.88 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Open Text's market, we take the total number of its shares issued and multiply it by Open Text's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Open Text Corp operates under Software sector and is part of Information Technology industry. The entity has 268.19 M outstanding shares of which 3.35 M shares are now shorted by private and institutional investors with about 4.69 days to cover all short positions.
Open Text Corp has accumulated about 1.23 B in cash with 967.69 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.39.
Check Open Text Probability Of Bankruptcy
Ownership AllocationOpen Text owns a total of 268.19 Million outstanding shares. The majority of Open Text Corp outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Open Text Corp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Open Text. Please pay attention to any change in the institutional holdings of Open Text Corp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Open Ownership Details
Open Text Corp Risk Profiles
Although Open Text's alpha and beta are two of the key measurements used to evaluate Open Text's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.07 | |||
| Semi Deviation | 1.59 | |||
| Standard Deviation | 1.51 | |||
| Variance | 2.27 |
Open Stock Against Markets
Be your own money manager
Our tools can tell you how much better you can do entering a position in Open Text without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Bollinger Bands Now
Bollinger BandsUse Bollinger Bands indicator to analyze target price for a given investing horizon |
| All Next | Launch Module |
Open Text Corporate Directors
| Stephen Sadler | Director | Profile | |
| Carl Tinggren | Independent Director | Profile | |
| Katharine Stevenson | Independent Director | Profile | |
| Michael Slaunwhite | Independent Director | Profile |
Additional Information and Resources on Investing in Open Stock
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 closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.