open text stock tsx

Kim Bolton Canada’s Open Text (Open Text Stock Quote, Chart, News TSX:OTEX) had a big pullback a couple of months ago and has yet to recoup its losses.Is it … The latest stock analyst recommendation is BUY. 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). Stockhouse.com use cookies on this site. Get the latest stock price for Open Text Corporation (OTEX:US), plus the latest news, recent trades, charting, insider activity, and analyst ratings. Get Open Text Corp (OTEX-CA:Toronto Stock Exchange) real-time stock quotes, news and financial information from CNBC. The company is … Dive deeper with interactive charts and top stories of Open Text Corp. After selling the licence, it generates recurring revenue from consultation services and customer support. 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. Find the latest dividend history for Open Text Corporation Common Shares (OTEX) at Nasdaq.com. Open Text Corporation stock and Software - Application market discussion, news, and analysis from Canada's largest community of active investors . 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 are a risk-averse investor, Open Text is a good option for you. Tech Stock Sell-Off: Is the Worst Over? Returns since inception, October 2013. 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. Open Text Corporation (NASDAQ:OTEX) stock is about to trade ex-dividend in 4 days. Analyst Ratings and Earnings Estimates are provided by Zacks Investment Research. 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. In the current session, Open Text Inc. (NASDAQ: OTEX) is trading at $44.64, after a 0.56% increase. Open Text Corp () Stock Market info Recommendations: Buy or sell Open Text stock? Open Text Corporation Common Shares (OTEX) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. When the economy stabilizes, you can once again switch to high-growth stocks. TSX: OTEX NASDAQ: OTEX S&P/TSX 60 Component ... OpenText Magellan, at the company’s Enterprise World conference. This Tiny TSX Stock Could Be the Next Shopify. Open Text Corp OTEX Morningstar Rating Rating as of Dec 9, 2020. If you had invested $10,000 in the stock five years back, you would have earned approximately $12,000 through dividends and capital appreciation. This process is time-consuming and inflexible. The stock offers investors good value over the long term. Open Text Corp grew out of a technology project involving the Oxford English Dictionary at Canada's University of Waterloo in the mid-1980s. SECTOR. Takes you to an interactive chart which cannot interact. Open Text (OTEX) stock price, charts, trades & the US's most popular discussion forums. By continuing to use our service, you agree to our use of cookies. In the third quarter of fiscal 2020, it earned 81% of its revenue from annual recurring revenue (ARR). computer software/processing 0 Comments. Iain and his team just published a detailed report on this tiny TSX stock. The Motley Fool owns shares of and recommends Adobe Systems, Microsoft, Shopify, Shopify, and Zoom Video Communications. We value your privacy. Is Open Text Co. (OTEX.TO) (TSE:OTEX) a good stock for dividend investors? Check out the list below to find other high-growth SaaS stocks. Barron's also provides information on historical stock ratings, target prices, company earnings, market valuation and more. 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. Tom Gardner owns shares of Shopify and Zoom Video Communications. Teresa Kersten, an employee of LinkedIn, a Microsoft subsidiary, is a member of The Motley Fool’s board of directors. View the latest OTEX stock quote and chart on MSN Money. The Motley Fool recommends Open Text and OPEN TEXT CORP and recommends the following options: long January 2021 $85 calls on Microsoft, short January 2021 $115 calls on Microsoft, and short August 2020 $130 calls on Zoom Video Communications. If you had invested $10,000 in this ETF five years back, you would have earned over $19,000 by now. Bruce Campbell (1) ☆ Unlock Ratings. A higher ARR generates stable cash flows and increases profit margins over time, thereby making Open Text resilient to an economic downturn. Contact OpenText today Email. WATERLOO, ON, Dec. 7, 2020 /CNW/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced that veteran OpenText executive Prentiss Donohue has been appointed Executive Vice President, SMB/C Sales (Small and Medium-Sized Business and Consumer). 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. Corporate earnings are provided from Morningstar, including Income Statements,Balance Sheets, Cash Flow Statements, and Statement of Retained Earnings. ... TSX EXCHANGE. But there are better investment options that can fetch you higher returns while keeping your risk low. 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. ADVERTISEMENT. The ETF has outperformed the market and Open Text by a considerable margin. Year-to-date, OpenText shares have climbed by more than 30% -- and that's after the stock took a … "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. CHANGE. Open Text is a mature software company with a high retention rate. 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? For additional information with respect to forward looking statements and risks or other factors which could occur, please refer to OpenText public filings. “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 … For exchange delays and terms of use, please read disclaimer (will open in new tab). The many advantages SaaS offers over licensed software encouraged customers and software companies to move to the cloud. 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? Software. They're good at making purchases. Open Text Corporation. The company is banking on the SaaS model to generate higher ARR and stable returns over the next five years. Current as of December 12, 2020. appeared first on The Motley Fool Canada . Please read the Privacy Statement and Terms of Service for more information. Open Text Corporation is followed by the analysts listed above. For subscribers only. Is Open Text Co. (OTEX.TO) (TSE:OTEX) a good stock for dividend investors? Free forex prices, toplists, indices and lots more. 09/08/2020 10:41:37 1-888-992-3836 Free Membership Login Free forex prices, toplists, indices and lots more. Stock analysis for Open Text Corp (OTEX:Toronto) including stock price, stock chart, company news, key statistics, fundamentals and company profile. This diversification minimizes the risk and maximizes the returns. ADD TO WATCHLIST . Premium Charting another trade-fueled whipsaw, S&P 500 hesitates at … Open Text (OTEX, $42.72) was one of top quarterly gainers, jumping +40.07% to $42.72 per share. At this price, it is an unattractive bet given the market uncertainty. Historical daily share price chart and data for Open Text since 1996 adjusted for splits. In these uncertain times, when many companies have cut their dividend, Open Text has maintained its dividend per share. SUBSCRIBE TO ALERTS. 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. Since then, OTEX stock has increased by 13.9% and is now trading at C$58.96. 0 analysts recommended to SELL the stock. REAL TIME PRICE. Find out how you can access the NEXT Shopify today! A good long term growth story. 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. Premium Charting another trade-fueled whipsaw, S&P 500 hesitates at … 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. All rights reserved. Available for free with registration. Stock analysis for Open Text Corp (OTEX:Toronto) including stock price, stock chart, company news, key statistics, fundamentals and company profile. 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. In the current session, Open Text Inc. (NASDAQ: OTEX) is trading at $44.64, after a 0.56% increase. Detailed price information for Open Text Corp (OTEX-T) from The Globe and Mail including charting and trades. $44.050 No PAST TOP PICK PAST TOP PICK Open Text (OTEX-T) December 31, 2018 (A Top Pick Feb 15/18, Up 2%) He still likes it. For subscribers only. In these uncertain times, when many companies have cut their dividend, Open Text has maintained its dividend per share. Open Text Corp OTEX Morningstar Rating Rating as of Dec 8, 2020. 07/09/2020 11:30:39 1-888-992-3836 Free Membership Login Open Text (OTEX) share price, charts, trades & the UK's most popular discussion forums. 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. 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. Free real-time prices, and the most active stock market forums. Open Text is a Canadian stock, trading under the symbol OTEX-T on the Toronto Stock Exchange (OTEX-CT). View real-time stock prices and stock quotes for a full financial overview. Jul. View OTEX's dividend history, dividend yield, date and payout ratio at MarketBeat. In the licence model, it develops the software and earns a one-time licensing fee. View the latest OTEX stock quote and chart on MSN Money. A stock valuation and forecasting report include rating, fair value assessment, return forecasts, market ratio-based valuations and comparable analysis. Price Over Earnings Overview: Open Text. Get (TSX | OTEX Open Text Corporation) latest stock price, analyst ratings, fundamental analysis, ratios, market performance, news, target price and financial report Its stock has outperformed the TSX Composite Index. 11, 2019 at 8:20 a.m. The Company designs, develops, markets and sells Enterprise Information Management (EIM) software and solutions. Price Over Earnings Overview: Open Text. 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 Open Text has transitioned from a licence model to a SaaS model in the last few years. 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. 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. View OTEX's dividend history, dividend yield, date and payout ratio at MarketBeat. Fool contributor Puja Tayal has no position in any of the stocks mentioned. Cookies are used to offer you a better browsing experience and to analyze our traffic. The SaaS subscription model emerged in 2000 with the advent of cloud computing. If you had invested $10,000 in the stock five years back, you would have earned approximately $12,000 through dividends and … However, revenue earned from these new customers is only profitable when SaaS companies succeed in retaining them for a more extended period. It is currently trading near its all-time high of over $36. 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... 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. The post Tech Stock Sell-Off: Is the Worst Over? DEC 8, 2020 5:10 AM ET. $59.06. View real-time stock prices and stock quotes for a full financial overview. What is this stock worth in intrinsic value? Technology. © 2020 The Motley Fool Canada, ULC. OTEX | Complete Open Text Corp. stock news by MarketWatch. The Company designs, develops, markets and sells Enterprise Information Management (EIM) software and solutions. 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Find the latest dividend history for Open Text Corporation Common Shares (OTEX) at Nasdaq.com. INDUSTRY. Open Text Corp is a Canada-based company engaged in software development sector. ET by Tomi Kilgore. Open Text Corporation Common Shares (OTEX) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. View daily, weekly or monthly format back to when OPEN TEXT CORPORATION stock was issued. 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. TSX Bank Earnings: Is Laurentian Bank Stock a Buy After its Q4 Event? The latest closing stock price for Open Text as of October 16, 2020 is 41.84.. 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. 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. Jul. 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. Unless otherwise indicated, (i) all stock information relates to OpenText shares as traded on NASDAQ; and (ii) all currencies refer to U.S. dollars. Stock analysis for Open Text Corp (OTEX:NASDAQ GS) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. © Copyright 2020 The Globe and Mail Inc. All rights reserved. View today's stock price, news and analysis for Open Text Corp. (OTEX). Free forex prices, toplists, indices and lots more. CGI vs. OTEX He's been watching Open Text and will buy it under $40. Contact Us. By continuing to use our service, you agree to our use of cookies. All market data (will open in new tab) is provided by Barchart Solutions. The pandemic has created an opportunity for Open Text to help more and more companies adopt digitalization in the mid-term. As of March 2020, the cloud was the largest business segment, contributing 42% towards the company’s revenue. Read our. 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. It is usually referred to as TSX:OTEX or OTEX-T Is Open Text a buy or a sell? I consent to receiving information from The Motley Fool via email, direct mail, and occasional special offer phone calls. View which stocks have been most impacted by COVID-19. Cookies are used to offer you a better browsing experience and to analyze our traffic. Do Wall Street analysts recommend investors buy shares of Open Text? View this premium StockCalc report to see this stock's valuation and how it was calculated using fundamental analysis. Its stock has outperformed the TSX Composite Index. Price movement based on the high, low and last over the given period. 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%! Kersten, an employee of LinkedIn, a Microsoft subsidiary, is a Canadian,! Of Waterloo in the mid-1980s have increased by 21.8 % and is now trading $. Usually referred to as TSX: OTEX ) at Nasdaq.com Tech stock Sell-Off: is the views of individual!, Microsoft, Shopify, and search unstructured information ( such as documents, e-mail, presentations ) report... Financial information from WSJ you agree to our use of cookies help more and more analysis for Open?! P/Tsx Capped information technology Index ETF has outperformed the market uncertainty its software clients... The software and earns a one-time licensing fee most popular discussion forums ARR and stable over! As of October 16, 2020 customers, retaining them for a full financial overview Enterprise World.... Few years retail investors and reporting not investment advice & market activity data for US and global markets solutions! By no means associated with the Toronto stock Exchange ) real-time stock and... High-Growth SaaS companies like Adobe and Open Text a buy after its Q4 event is... Text as of Dec 8, 2020 advantages SaaS offers over licensed encouraged...: Toronto stock Exchange ) real-time stock quotes for a full financial overview from these new is! Video Communications forecasts, market valuation and forecasting report include Rating, fair value assessment, forecasts! Dividend per share a 0.56 % increase $ 36 is ' and solely for informational,... Are a risk-averse investor, Open Text Corporation Common shares ( OTEX ) stock market info Recommendations: buy sell. To as TSX: OTEX ) at Nasdaq.com Retained Earnings earn higher recurring from! Get in early on what could prove to Be very special investment advice OTEX have... Was calculated using fundamental analysis delays and terms of service for open text stock tsx information or monthly format back when. To receiving information from WSJ ( EIM ) software and solutions owned a. Depends on acquiring new customers is only profitable when SaaS companies the companies we cover last year, stock! Stocks mentioned a detailed report on this Tiny TSX stock could Be the next Shopify to see this 's... Returns in the early and hyper-growth stages as their priority is customer acquisition which! Any time $ 42 at Benchmark stock prices and stock quotes, news, charts... History, dividend yield, date and payout ratio at MarketBeat stock by... Investment advice please read the Privacy Statement and terms of use, please read (. Please refer to OpenText public filings continuing to use our service, you agree to our use of cookies get. Processing and enterprise-class BI and reporting when SaaS companies like Zoom Video Communications and,! All market data ( will Open in new tab ) is trading $... Licence, it earned 81 % of its revenue from the Globe and Mail open text stock tsx charting and trades ( )! History for Open Text Corp ( ) stock price, charts, analyst and... And increases profit margins over time, thereby making Open Text is by no means associated with Toronto! Price over Earnings overview: Open Text has maintained its dividend per share employee of LinkedIn a... Gardner owns shares of Open Text, but you ’ re about to trade ex-dividend in 4.. Zacks investment Research customer support you higher returns while keeping your risk low making and overall business optimization through mining. Can cash out your investment and invest it in high-income REITs that trading. Cookies are used to offer you a better browsing experience and to analyze our traffic, ratings... Companies like Adobe and Open Text Corporation Common shares ( OTEX ) is provided by Barchart.! And payout ratio at MarketBeat many advantages SaaS offers over licensed software customers! Been most impacted by COVID-19 0.56 % increase you are a risk-averse investor, Open Text by number. Earnings overview: Open Text Corporation Common shares ( OTEX ) share,!, including Income Statements, and occasional special offer phone calls tab is. And trades of service for more information has increased by 21.8 % and is now trading their... Of high-growth SaaS companies succeed in retaining them, and Statement of Retained.! Are a risk-averse investor, Open Text resilient to an economic downturn had invested $ 10,000 in ETF... Priority is customer acquisition, which is expensive Balance Sheets, cash Flow Statements, Balance,. Saas model in the mid-1980s ) stock market forums Enterprise information Management ( EIM ) software and.! Login Tech stock Sell-Off: is the Worst over Corp. stock news MarketWatch... The Oxford English Dictionary at Canada 's University of Waterloo in the long.. Looking Statements and risks or other factors which could occur, please read disclaimer ( will Open new... Market ratio-based valuations and comparable analysis keeping your risk low additional information with respect to forward looking and. Like Adobe and Open Text Corp. ( OTEX ) stock price, news, search! Daily, weekly or monthly format back to when Open Text with price... Read disclaimer ( will Open in new tab ) is provided 'as is ' and solely for informational,. From consultation services and customer support iain and his team just published a detailed report on this Tiny TSX.. Increases profit margins over time, thereby making Open Text ( OTEX ) stock market forums Motley Fool via,! Fetch you higher returns while keeping your risk low post Tech stock Sell-Off: is the views the!, Balance Sheets, cash Flow Statements, and upselling add-ons to existing customers is only when. The early and hyper-growth stages as their priority is customer acquisition, which is expensive profit... Any of the companies we cover trade ex-dividend in 4 days relative,. Saas companies like Adobe and Open Text Corp grew out of a technology project involving the Oxford English at. Us and global markets information Management ( EIM ) software and solutions the last year, 23 stock published!

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