Open Text Corp

Company Profile

Open Text Corp had its IPO on 1998-09-09 under the ticker symbol OTEX.

The company operates in the Technology sector and Software-Application industry. Open Text Corp has a staff strength of 24,100 employees.

Stock update

Shares of Open Text Corp opened at $39.13 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $38.85 - $39.36, and closed at $39.2.

This is a -0.51% slip from the previous day's closing price.

A total volume of 259,798 shares were traded at the close of the day’s session.

In the last one week, shares of Open Text Corp have slipped by -3.11%.

Open Text Corp's Key Ratios

Open Text Corp has a market cap of $10.68 billion, indicating a price to book ratio of 1.9757 and a price to sales ratio of 2.2182.

In the last 12-months Open Text Corp’s revenue was $4.48 billion with a gross profit of $3.39 billion and an EBITDA of $1.11 billion. The EBITDA ratio measures Open Text Corp's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Open Text Corp’s operating margin was 15.12% while its return on assets stood at 3.11% with a return of equity of 3.74%.

In Q2, Open Text Corp’s quarterly earnings growth was a negative -23.9% while revenue growth was a positive 65.2%.

Open Text Corp’s PE and PEG Ratio

Forward PE

8.9366

Trailing PE

70.3572

PEG

0.87

Its diluted EPS in the last 12-months stands at $0.56 per share while it has a forward price to earnings multiple of 8.9366 and a PEG multiple of 0.87. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Open Text Corp’s profitability.

Open Text Corp stock is trading at a EV to sales ratio of 2.9603 and a EV to EBITDA ratio of 11.3764. Its price to sales ratio in the trailing 12-months stood at 2.2182.

Open Text Corp stock pays annual dividends of $0.972 per share, indicating a yield of 2.54% and a payout ratio of 29.67%.

Balance sheet and cash flow metrics

Total Assets

$17.09 billion

Total Liabilities

$3.22 billion

Operating Cash Flow

$-26417000.00

Capital Expenditure

$24.06 million

Dividend Payout Ratio

29.67%

Open Text Corp ended 2024 with $17.09 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $17.09 billion while shareholder equity stood at $4.02 billion.

Open Text Corp ended 2024 with $423.96 million in deferred long-term liabilities, $3.22 billion in other current liabilities, 2176947000.00 in common stock, $2.05 billion in retained earnings and $8.66 billion in goodwill. Its cash balance stood at $1.23 billion and cash and short-term investments were $1.23 billion. The company’s total short-term debt was $412,275,000 while long-term debt stood at $8.56 billion.

Open Text Corp’s total current assets stands at $2.28 billion while long-term investments were $94.27 million and short-term investments were $0. Its net receivables were $821.87 million compared to accounts payable of $162.72 million and inventory worth $45.85 million.

In 2024, Open Text Corp's operating cash flow was $-26417000.00 while its capital expenditure stood at $24.06 million.

Comparatively, Open Text Corp paid $0.30 in dividends in 2024.

Other key metrics

Current Trading Price

$39.2

52-Week High

$42.9784

52-Week Low

$24.2324

Analyst Target Price

$48.3

Open Text Corp stock is currently trading at $39.2 per share. It touched a 52-week high of $42.9784 and a 52-week low of $42.9784. Analysts tracking the stock have a 12-month average target price of $48.3.

Its 50-day moving average was $39.6 and 200-day moving average was $36.45 The short ratio stood at 12.27 indicating a short percent outstanding of 0%.

Around 175.5% of the company’s stock are held by insiders while 7994.8% are held by institutions.