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Open Text Corporation is currently in a long term uptrend where the price is trading 9.9% above its 200 day moving average.
From a valuation standpoint, the stock is 99.8% cheaper than other stocks from the Technology sector with a price to sales ratio of 4.0.
Open Text Corporation's total revenue rose by 10.9% to $856M since the same quarter in the previous year.
Its net income has dropped by 160.9% to $-65M since the same quarter in the previous year.
Finally, its free cash flow grew by 46.5% to $275M since the same quarter in the previous year.
Based on the above factors, Open Text Corporation gets an overall score of 4/5.
| Exchange | TO |
|---|---|
| CurrencyCode | CAD |
| ISIN | CA6837151068 |
| Sector | Technology |
| Industry | Software - Application |
| Dividend Yield | 3.3% |
|---|---|
| Market Cap | 8B |
| PE Ratio | 9.62 |
| Target Price | 31.4452 |
| Beta | 1.03 |
Open Text Corporation provides data management solutions for enterprise AI in North, Central and South America, Europe, the Middle East, Africa, Australia, Japan, Singapore, India, and China. Its products and solutions help organizations collect, connect, contextualize, protect, govern, use, and secure data across their operations. The company offers cloud services and subscriptions, including software as a service offerings, application programming interfaces and data services, and private cloud products, such as hosted services and managed service arrangements; foundational platform of technology services; and packaged business applications, as well as managed services and outsourced B2B integration solutions, including program implementation, operational management, and customer support. It also engages in licensing software products to customers; and consulting and learning services, such as implementation, training, and integration of licensed product offerings into the customer's systems. In addition, the company offers content, business network, observability and service management, cybersecurity, application delivery management, and analytics. It has partnerships with SAP SE, Google Cloud, Amazon Web Services, Microsoft Corporation, Oracle Corporation, and SALESFORCE, INC., as well as global systems integrators, including Accenture plc, Capgemini Technology Services SAS, Deloitte Consulting LLP, Hewlett Packard Enterprises, and Tata Consultancy Services. The company serves global 10,000 organizations, enterprise companies, public sector agencies, mid-market companies, SMBS, and direct consumers. Open Text Corporation was incorporated in 1991 and is headquartered in Waterloo, Canada.
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