Unless otherwise indicated, (i) all stock information relates to OpenText shares as traded on NASDAQ; and (ii) all currencies refer to U.S. dollars. All rights reserved. Open Text is a low-risk stock that generates returns in the long term. Open Text is a low-risk stock that generates returns in the long term. For subscribers only. WATERLOO, Ontario, Dec. 24, 2019 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX) (TSX: OTEX), "The Information Company," announced today that it has completed the closing of the previously announced acquisition of Carbonite, Inc. ("Carbonite"), provider of cloud-based subscription data protection, backup, disaster recovery and endpoint security to small and medium-sized businesses and prosumers. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. Stockhouse.com use cookies on this site. Barron's also provides information on historical stock ratings, target prices, company earnings, market valuation and more. My A.I.dvisor analyzed 154 stocks in the Packaged Software Industry over the last three months, and discovered that 150 of them (97.67%) charted an Uptrend while 4 of them (2.33%) trended down. Find the latest dividend history for Open Text Corporation Common Shares (OTEX) at Nasdaq.com. Since then, OTEX stock has increased by 13.9% and is now trading at C$58.96. Fool contributor Puja Tayal has no position in any of the stocks mentioned. The SaaS model helped it earn higher recurring revenue from the same software for many years. If you had invested $10,000 in this ETF five years back, you would have earned over $19,000 by now. He prefers it to CGI which is too high right now. Price Over Earnings Overview: Open Text. Stock analysis for Open Text Corp (OTEX:NASDAQ GS) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Open Text has transitioned from a licence model to a SaaS model in the last few years. Stocktrades offers strictly investment opinions, not investment advice. Enable machine-assisted decision making and overall business optimization through text mining, big data processing and enterprise-class BI and reporting. Wall Street Stock Market & Finance report, prediction for the future: You'll find the Open Text share forecasts, stock quote and buy / sell signals below.According to present data Open Text's OTEX shares and potentially its market environment have been in a bullish cycle in the last 12 months (if exists). Current as of December 12, 2020. Takes you to an interactive chart which cannot interact. Available for free with registration. ADD TO WATCHLIST . In these uncertain times, when many companies have cut their dividend, Open Text has maintained its dividend per share. Open Text Corp () Stock Market info Recommendations: Buy or sell Open Text stock? It is currently trading near its all-time high of over $36. 11, 2019 at 8:20 a.m. Open Text (OTEX) stock price, charts, trades & the US's most popular discussion forums. Find the latest dividend history for Open Text Corporation Common Shares (OTEX) at Nasdaq.com. Quick Links. TSX Bank Earnings: Is Laurentian Bank Stock a Buy After its Q4 Event? Copyright © 2020. Stockhouse.com use cookies on this site. The emergence of remote working has accelerated the digitization efforts of enterprises. Open Text Co. (OTEX.TO)'s stock was trading at C$51.75 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. In the third quarter of fiscal 2020, it earned 81% of its revenue from annual recurring revenue (ARR). Because he thinks this fast-growing company looks a lot like Shopify, a stock Iain officially recommended 3 years ago - before it skyrocketed by 1,211%! Please read the Privacy Statement and Terms of Service for more information. Get Open Text Corp (OTEX-CA:Toronto Stock Exchange) real-time stock quotes, news and financial information from CNBC. Free forex prices, toplists, indices and lots more. 0.53 (0.906%) VOLUME. Its stock has outperformed the TSX Composite Index. Its stock has outperformed the TSX Composite Index. We value your privacy. 811,852. Top institutional investors include Jarislowsky Fraser Ltd (6.36%), Caisse DE Depot ET Placement DU Quebec (4.41%), The Manufacturers Life Insurance Company (2.54%), BlackRock Inc. (2.05%), Great West Life Assurance Co. Can (1.94%) and Great West Life Assurance Co. Can (1.95%). The Company designs, develops, markets and sells Enterprise Information Management (EIM) software and solutions. ET by Tomi Kilgore. You can cash out your investment and invest it in high-income REITs that are trading at their 10-year lows. View real-time stock prices and stock quotes for a full financial overview. Open Text is a low-risk stock that generates returns in the long term. Free real-time prices, and the most active stock market forums. Open Text Corporation Common Shares (OTEX) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. View today's stock price, news and analysis for Open Text Corp. (OTEX). Open Text Corporation (OTC) stock price, charts, trades & the US's most popular discussion forums. Do Wall Street analysts recommend investors buy shares of Open Text? 351 King Street East, Suite 1600, Toronto, ON Canada, M5A 0N1, Just $1.99 per week for the first 24 weeks, var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(select.open)}function setPanelState(o){dom.root.classList[o?"add":"remove"](select.open),dom.root.classList[o? The company is banking on the SaaS model to generate higher ARR and stable returns over the next five years. 07/09/2020 11:30:39 1-888-992-3836 Free Membership Login Tech Stock Sell-Off: Is the Worst Over? 11, 2019 at 8:20 a.m. Jul. Open Text Corporation stock and Software - Application market discussion, news, and analysis from Canada's largest community of active investors . Why should you be buying OpenText (OpenText Stock Quote, Chart, News TSX:OTEX) at this time?History speaks for itself, says Brian Madden of Goodreid Investment Counsel. computer software/processing 0 Comments. Get the latest stock price for Open Text Corporation (OTEX), plus the latest news, recent trades, charting, insider activity, and analyst ratings. Bruce Campbell (1) ☆ Unlock Ratings. Stock analysis for Open Text Corp (OTEX:Toronto) including stock price, stock chart, company news, key statistics, fundamentals and company profile. © 2020 The Motley Fool Canada, ULC. Stock analysis for Open Text Corp (OTEX:Toronto) including stock price, stock chart, company news, key statistics, fundamentals and company profile. ADVERTISEMENT. View which stocks have been most impacted by COVID-19. CGI vs. OTEX He's been watching Open Text and will buy it under $40. The SaaS subscription model emerged in 2000 with the advent of cloud computing. Read our. Find the latest Open Text Corporation (OTEX) stock quote, history, news and other vital information to help you with your stock trading and investing. Open Text Corp is a Canada-based company engaged in software development sector. For additional information with respect to forward looking statements and risks or other factors which could occur, please refer to OpenText public filings. Historical daily share price chart and data for Open Text since 1996 adjusted for splits. In the licence model, it develops the software and earns a one-time licensing fee. Open Text Corp () Stock Market info Recommendations: Buy or sell Open Text stock? "The demand for food banks has never been greater, and we wanted to do our part to meet this heightened and historic need," said OpenText CEO & CTO Mark J. Barrenechea. SECTOR. Open Text stock price target raised to $48 from $42 at Benchmark. Check out the list below to find other high-growth SaaS stocks. Current stock quote for Open Text Corporation ( T.OTEX ) including financial statements, level 2 data, and the latest Software - Application news, research, and investment community discussion. This process is time-consuming and inflexible. Free forex prices, toplists, indices and lots more. For exchange delays and terms of use, please read disclaimer (will open in new tab). If you are a risk-averse investor, Open Text is a good option for you. Open Text (OTEX) share price, charts, trades & the UK's most popular discussion forums. All market data (will open in new tab) is provided by Barchart Solutions. This is your chance to get in early on what could prove to be very special investment advice. But there are better investment options that can fetch you higher returns while keeping your risk low. The Software-as-a-Service (SaaS) model has been gaining steam for quite a few years, and the COVID-19 pandemic gave it an extra boost. appeared first on The Motley Fool Canada . Open Text Corporation stock and Software - Application market discussion, news, and analysis from Canada's largest community of active investors. Dive deeper with interactive charts and top stories of Open Text Corp. Open Text Corporation is followed by the analysts listed above. They're good at making purchases. The latest stock analyst recommendation is BUY. View the latest OTEX stock quote and chart on MSN Money. The company is … The platform combines open source machine learning with advanced analysis and is able to merge, manage, and analyze both structure data and unstructured, textual content. Free forex prices, toplists, indices and lots more. $59.06. View OTEX's dividend history, dividend yield, date and payout ratio at MarketBeat. One little-known Canadian IPO has doubled in value in a matter of months, and renowned Canadian stock picker Iain Butler sees a potential millionaire-maker in waiting... The latest closing stock price for Open Text as of October 16, 2020 is 41.84.. ET by Tomi Kilgore. All content on Stocktrades is the views of the individual reporters. Barron's also provides information on historical stock ratings, target prices, company earnings, market valuation and more. The Motley Fool owns shares of and recommends Adobe Systems, Microsoft, Shopify, Shopify, and Zoom Video Communications. Is the bubble in technology stocks deflating or should you still buy into top growth stocks like Open Text (TSX:OTEX)(NASDAQ:OTEX) on the TSX? Get Open Text Corp (OTEX-CA:Toronto Stock Exchange) real-time stock quotes, news and financial information from CNBC. Stocks of mature enterprise software companies like Adobe and Open Text have recovered from their March sell-off and are trading near their all-time highs. Please note that any opinions, estimates or forecasts regarding Open Text Corporation's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Open Text Corporation or its management. INDUSTRY. The gift of stock … OTEX | Complete Open Text Corp. stock news by MarketWatch. Tom Gardner owns shares of Shopify and Zoom Video Communications. The Company designs, develops, markets and sells Enterprise Information Management (EIM) software and solutions. Open Text Corp grew out of a technology project involving the Oxford English Dictionary at Canada's University of Waterloo in the mid-1980s. Cookies are used to offer you a better browsing experience and to analyze our traffic. Corporate earnings are provided from Morningstar, including Income Statements,Balance Sheets, Cash Flow Statements, and Statement of Retained Earnings. Contact Us. The pandemic has created an opportunity for Open Text to help more and more companies adopt digitalization in the mid-term. Its stock has outperformed the TSX Composite Index. Open Text Corporation (NASDAQ:OTEX) stock is about to trade ex-dividend in 4 days. Open Text's stock was trading at $37.66 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. WATERLOO, ON, Dec. 11, 2020 /PRNewswire/ -- OpenText TM (NASDAQ: OTEX), (TSX: OTEX), today announced a combined donation of $1 million USD to food banks in OpenText communities around the world. When the economy stabilizes, you can once again switch to high-growth stocks. View this premium StockCalc report to see this stock's valuation and how it was calculated using fundamental analysis. Open Text will generate stable returns in the long term. Open Text's stock is owned by a number of institutional and retail investors. A premium report that provides detailed quantitative assessments of earnings, fundamentals, relative valuation, risk, price momentum and more. Cookies are used to offer you a better browsing experience and to analyze our traffic. Returns since inception, October 2013. Price Over Earnings Overview: Open Text. Open Text (OTEX, $42.72) was one of top quarterly gainers, jumping +40.07% to $42.72 per share. Dive deeper with interactive charts and top stories of Open Text Corp. Open Text Corp is a Canada-based company engaged in software development sector. Software. 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However, Stocktrades is by no means associated with the Toronto Stock Exchange, or any of the companies we cover. After selling the licence, it generates recurring revenue from consultation services and customer support. The post Tech Stock Sell-Off: Is the Worst Over? Is Open Text Co. (OTEX.TO) (TSE:OTEX) a good stock for dividend investors? In the last year, 23 stock analysts published opinions about OTEX-T. 23 analysts recommended to BUY the stock. REAL TIME PRICE. A SaaS company’s growth depends on acquiring new customers, retaining them, and upselling add-ons to existing customers. View OTEX's dividend history, dividend yield, date and payout ratio at MarketBeat. Hence, it adopted a more flexible SaaS model, in which it puts the software on the cloud and gives customers access to the platform for a subscription fee. By continuing to use our service, you agree to our use of cookies. As of March 2020, the cloud was the largest business segment, contributing 42% towards the company’s revenue. Got $10,000? However, it will face tepid demand in the short term, as some of its major customer industries, including auto, airlines, hospitality, oil, and travel, struggle to meet ends in the current crisis. Since then, OTEX shares have increased by 21.8% and is now trading at $45.88. In the current session, Open Text Inc. (NASDAQ: OTEX) is trading at $44.64, after a 0.56% increase. Open Text Corp OTEX Morningstar Rating Rating as of Dec 8, 2020. 0 analysts recommended to SELL the stock. Find out how you can access the NEXT Shopify today! Cookies are used to offer you a better browsing experience and to analyze our traffic. The all-time high Open Text stock closing price was 47.80 on February 14, 2020.; The Open Text 52-week high stock price is 47.84, which is 14.3% above the current share price. Open Text had been powering along through the first half of 2019, hitting a high of C$58 per share by late July, a 30-per-cent increase in value since the start of the year. Stocktrades is an independent media portal covering the development related to stocks on the TSX. Open Text stock price target raised to $48 from $42 at Benchmark. At this price, it is an unattractive bet given the market uncertainty. Back in 2011, when Open Text had no cloud business, it earned 26% of its revenue from licensing, and the remaining 56% from ARR. Before I get deeper into the analysis of the stock and the company, I’d like to point out in 2016, Open Text was listed by The Globe and Mail as one of Canada’s top 100 employers. The Company provides a platform and suite of software products and services that assist organizations in finding, utilizing, and sharing business information from any device. If you had invested $10,000 in the stock five years back, you would have earned approximately $12,000 through dividends and capital appreciation. By continuing to use our service, you agree to our use of cookies. By continuing to use our service, you agree to our use of cookies. DEC 8, 2020 5:10 AM ET. Get the latest stock price for Open Text Corporation (OTEX:US), plus the latest news, recent trades, charting, insider activity, and analyst ratings. The Company provides a platform and suite of software products and services that assist organizations in finding, utilizing, and sharing business information from any device. Iain and his team just published a detailed report on this tiny TSX stock. ... TSX EXCHANGE. CHANGE. Detailed price information for Open Text Corp (OTEX-T) from The Globe and Mail including charting and trades. Open Text Corporation Common Shares (OTEX) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. 09/08/2020 10:41:37 1-888-992-3836 Free Membership Login In these uncertain times, when many companies have cut their dividend, Open Text has maintained its dividend per share. This diversification minimizes the risk and maximizes the returns. Current stock quote for Open Text Corporation ( T.OTEX ) including financial statements, level 2 data, and the latest Software - Application news, research, and investment community discussion If you had invested $10,000 in the stock five years back, you would have earned approximately $12,000 through dividends and … OTEX | Complete Open Text Corp. stock news by MarketWatch. I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. Contact OpenText today Email. Check Open Text Corp (TSX:OTEX) Share Price, Stock News, Stock Chart, Trends, Market Data, Announcements and Unique Analysis on Kalkine Media Sat, December 12, 2020 Sat 12Dec, 20 © Copyright 2020 The Globe and Mail Inc. All rights reserved. Open Text Corporation is followed by the analysts listed above. In the current session, Open Text Inc. (NASDAQ: OTEX) is trading at $44.64, after a 0.56% increase. View daily, weekly or monthly format back to when OPEN TEXT CORPORATION stock was issued. CANADA STOCKS - TSX rises 0.31 percent, lifted by Enbridge * The Toronto Stock Exchange's S&P/TSX rose 48.69 points, or 0.31 percent, to 15,959.50. Is Open Text Co. (OTEX.TO) (TSE:OTEX) a good stock for dividend investors? The Motley Fool Canada » Coronavirus » Open Text (TSX:OTEX): You Can Buy and Hold it Forever, Puja Tayal | May 29, 2020 | More on: OTEX OTEX. The iShares S&P/TSX Capped Information Technology Index ETF has holdings in both mature and high-growth software stocks like Shopify and Open Text. Stockhouse.com use cookies on this site. Open Text is a Canadian stock, trading under the symbol OTEX-T on the Toronto Stock Exchange (OTEX-CT). A stock valuation and forecasting report include rating, fair value assessment, return forecasts, market ratio-based valuations and comparable analysis. Get (TSX | OTEX Open Text Corporation) latest stock price, analyst ratings, fundamental analysis, ratios, market performance, news, target price and financial report Real time Open Text (OTEX) stock price quote, stock graph, news & analysis. It is usually referred to as TSX:OTEX or OTEX-T Is Open Text a buy or a sell? Canada Revenue Agency: Your TFSA Limit Is $6,000 More in 2021, 3 Pot Stocks Robinhood Investors Should Avoid in 2021, 3 Pot Stocks Robinhood Investors Are Buying Right Now, The Energy Sector Heats Up: Buy This Top Stock Now for Massive Returns, Warning: Canada’s Housing Market Could Crash in 2021, The CRA’s $2,000 Basic Personal Amount Tax Credit: No Canadian Left Behind, 81% of its revenue from annual recurring revenue. Premium Charting another trade-fueled whipsaw, S&P 500 hesitates at … Please note that any opinions, estimates or forecasts regarding Open Text Corporation's performance made by these analysts are theirs alone and do not represent opinions, forecasts or predictions of Open Text Corporation or its management. The ETF has outperformed the market and Open Text by a considerable margin. Analyst Ratings and Earnings Estimates are provided by Zacks Investment Research. Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. Jul. Wall Street Stock Market & Finance report, prediction for the future: You'll find the Open Text share forecasts, stock quote and buy / sell signals below.According to present data Open Text's OTEX shares and potentially its market environment have been in a bullish cycle in the last 12 months (if exists). The many advantages SaaS offers over licensed software encouraged customers and software companies to move to the cloud. TSX: OTEX NASDAQ: OTEX S&P/TSX 60 Component ... OpenText Magellan, at the company’s Enterprise World conference. In the last decade, software giants like Microsoft, Adobe, and Open Text (TSX:OTEX)(NASDAQ:OTEX) adopted the cloud-first approach, and many small pure-play SaaS platforms emerged. Open Text Corp grew out of a technology project involving the Oxford English Dictionary at Canada's University of Waterloo in the mid-1980s. “The stock is at a 20-year compound annual growth rate of 14 per cent, which is triple the overall TSX Composite and head and shoulders above the TSX tech sector which has actually a … Discover historical prices for OTEX.TO stock on Yahoo Finance. View today's stock price, news and analysis for Open Text Corp. (OTEX). Free real-time prices, and the most active stock market forums. However, revenue earned from these new customers is only profitable when SaaS companies succeed in retaining them for a more extended period. The stock offers investors good value over the long term. Open Text Corporation. Enter your email address below to get started now, and join the other thousands of Canadians who have already signed up for their chance to get the market-beating advice from Stock Advisor Canada. Historical prices for Open Text with share price and OTEX stock charts. Investors good value over the next five years back, you can out..., fundamentals, relative valuation, risk, price momentum and more companies adopt digitalization in the last few.. Open in new tab ) please refer to OpenText public filings to trade ex-dividend in 4.! And solely for informational purposes, not investment advice Corporation is followed by the analysts listed.... A higher ARR generates stable cash flows and increases profit margins over time, thereby making Open Text is low-risk... Respect to forward looking Statements and risks or other factors which could occur, please to. Media portal covering the development related to stocks on the SaaS model helped it higher. Session, Open Text is a Canadian stock, trading under the symbol on! Generates returns in the mid-1980s the Globe and Mail Inc. all rights reserved documents e-mail... Text to help more and more given period monthly format back to when Open Text has its. For US and global markets search unstructured information ( such as documents, e-mail, ). Ex-Dividend in 4 days not to alarm you, but you ’ re about to miss important... Investment and invest it in high-income REITs that are trading near its all-time high of over $ 36 stock. ( such as documents, e-mail, presentations ) for Open Text is. Report on this Tiny TSX stock could Be the next five years back, you agree to our of. Data for US and global markets making and overall business optimization through Text mining, big processing!, aggregate, retrieve, and occasional special offer phone calls Rating Rating as of Dec 8,.. Tech stock Sell-Off: is the Worst over of remote working has accelerated the digitization efforts of enterprises 's! Relative valuation, risk, price momentum and more mature Enterprise software companies to move the... At … price over Earnings overview: Open Text Corp. ( OTEX ) stock forums. Continuing to use our service, you agree to our use of cookies depends on acquiring new customers is profitable! Stock, trading under the symbol OTEX-T on the Toronto stock Exchange ) real-time stock quotes for a financial! News, historical charts, analyst ratings and financial information from CNBC to stocks... For you TSX stock Canada | September 13, 2020 market and Open Text a. The market uncertainty data ( will Open in new tab ) is provided Barchart... Have been most impacted by COVID-19 alarm you, but you ’ re about to ex-dividend! Valuation and forecasting report include Rating, fair value assessment, return forecasts market! By no means associated with the advent of cloud computing please read Privacy. Otex-Ct ) vs. OTEX He 's been watching Open Text has transitioned from a licence model to a SaaS ’. ( OTEX-CA: Toronto stock Exchange ) real-time stock prices and stock quotes & market data. Bi and reporting high-growth stocks ARR ) Corp. ( OTEX ) is trading at $ 45.88 and. By no means associated with the Toronto stock Exchange ( OTEX-CT ) OpenText public filings,... Corp. ( OTEX ) stock is about to miss an important event however, revenue earned these! Otc ) stock price, charts, trades & the US 's popular! It is usually referred to as TSX: OTEX or OTEX-T is Open Text as of October 16 2020. Towards the company is banking on the TSX stock valuation and more Be very special investment advice was... Few years historical prices for Open Text Corp grew out of a technology project involving the Oxford English at! With share price chart and data for US and global markets 's dividend history for Open Text ( OTEX.. Chart and data for Open Text Corp ( OTEX-T ) from the same software for many years our traffic a. Corporation stock was issued latest dividend history, dividend yield, date and payout ratio at.!