View this premium StockCalc report to see this stock's valuation and how it was calculated using fundamental analysis. The emergence of remote working has accelerated the digitization efforts of enterprises. 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. SECTOR. Bruce Campbell (1) ☆ Unlock Ratings. It is usually referred to as TSX:OTEX or OTEX-T Is Open Text a buy or a sell? 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). Cookies are used to offer you a better browsing experience and to analyze our traffic. 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. 811,852. In the current session, Open Text Inc. (NASDAQ: OTEX) is trading at $44.64, after a 0.56% increase. 07/09/2020 11:30:39 1-888-992-3836 Free Membership Login Open Text is a Canadian stock, trading under the symbol OTEX-T on the Toronto Stock Exchange (OTEX-CT). Quick Links. Open Text's stock is owned by a number of institutional and retail investors. Its stock has outperformed the TSX Composite Index. REAL TIME PRICE. All market data (will open in new tab) is provided by Barchart Solutions. Price Over Earnings Overview: Open Text. $59.06. The Company designs, develops, markets and sells Enterprise Information Management (EIM) software and solutions. View real-time stock prices and stock quotes for a full financial overview. Premium Charting another trade-fueled whipsaw, S&P 500 hesitates at … Detailed price information for Open Text Corp (OTEX-T) from The Globe and Mail including charting and trades. You can cash out your investment and invest it in high-income REITs that are trading at their 10-year lows. 11, 2019 at 8:20 a.m. 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. Find the latest Open Text Corporation (OTEX) stock quote, history, news and other vital information to help you with your stock trading and investing. I understand I can unsubscribe from these updates at any time. Stock analysis for Open Text Corp (OTEX:Toronto) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Technology. 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. Stock analysis for Open Text Corp (OTEX:NASDAQ GS) including stock price, stock chart, company news, key statistics, fundamentals and company profile. For subscribers only. A premium report that provides detailed quantitative assessments of earnings, fundamentals, relative valuation, risk, price momentum and more. After selling the licence, it generates recurring revenue from consultation services and customer support. 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. Open Text Corporation. Iain Butler and the Stock Advisor Canada team only publish their new “buy alerts” twice a month, and only to an exclusively small group. ET by Tomi Kilgore. Open Text is a low-risk stock that generates returns in the long term. Do Wall Street analysts recommend investors buy shares of Open Text? Got $10,000? 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%! Is Open Text Co. (OTEX.TO) (TSE:OTEX) a good stock for dividend investors? But there are better investment options that can fetch you higher returns while keeping your risk low. For exchange delays and terms of use, please read disclaimer (will open in new tab). Stocktrades offers strictly investment opinions, not investment advice. 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. All content on Stocktrades is the views of the individual reporters. 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. Open Text (OTEX, $42.72) was one of top quarterly gainers, jumping +40.07% to $42.72 per share. The latest closing stock price for Open Text as of October 16, 2020 is 41.84.. Unless otherwise indicated, (i) all stock information relates to OpenText shares as traded on NASDAQ; and (ii) all currencies refer to U.S. dollars. 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. The pandemic has created an opportunity for Open Text to help more and more companies adopt digitalization in the mid-term. Open Text (OTEX) share price, charts, trades & the UK's most popular discussion forums. "This holiday … Find the latest dividend history for Open Text Corporation Common Shares (OTEX) at Nasdaq.com. 0.53 (0.906%) VOLUME. Historical daily share price chart and data for Open Text since 1996 adjusted for splits. 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. Open Text is a low-risk stock that generates returns in the long term. 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. The latest stock analyst recommendation is BUY. View the latest Open Text Corp. (OTEX) stock price, news, historical charts, analyst ratings and financial information from WSJ. Detailed price information for Open Text Corp (OTEX-T) from The Globe and Mail including charting and trades. TSX Bank Earnings: Is Laurentian Bank Stock a Buy After its Q4 Event? This diversification minimizes the risk and maximizes the returns. TSX: OTEX NASDAQ: OTEX S&P/TSX 60 Component ... OpenText Magellan, at the company’s Enterprise World conference. Free forex prices, toplists, indices and lots more. DEC 8, 2020 5:10 AM ET. Open Text Corporation Common Shares (OTEX) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. Premium Charting another trade-fueled whipsaw, S&P 500 hesitates at … Available for free with registration. The company is banking on the SaaS model to generate higher ARR and stable returns over the next five years. The company is … appeared first on The Motley Fool Canada . 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. $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. Returns since inception, October 2013. Open Text (OTEX) stock price, charts, trades & the US's most popular discussion forums. Back in 2011, when Open Text had no cloud business, it earned 26% of its revenue from licensing, and the remaining 56% from ARR. Takes you to an interactive chart which cannot interact. 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. In the current session, Open Text Inc. (NASDAQ: OTEX) is trading at $44.64, after a 0.56% increase. Its stock has outperformed the TSX Composite Index. "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. In these uncertain times, when many companies have cut their dividend, Open Text has maintained its dividend per share. The ETF has outperformed the market and Open Text by a considerable margin. 11, 2019 at 8:20 a.m. Barron's also provides information on historical stock ratings, target prices, company earnings, market valuation and more. “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 … Find out how you can access the NEXT Shopify today! Open Text Corporation Common Shares (OTEX) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. Year-to-date, OpenText shares have climbed by more than 30% -- and that's after the stock took a … Software. The pandemic-driven lockdown has created a once-in-20-years opportunity for SaaS companies. By continuing to use our service, you agree to our use of cookies. Fool contributor Puja Tayal has no position in any of the stocks mentioned. For additional information with respect to forward looking statements and risks or other factors which could occur, please refer to OpenText public filings. All rights reserved. The gift of stock … Dive deeper with interactive charts and top stories of Open Text Corp. The SaaS subscription model emerged in 2000 with the advent of cloud computing. Open Text Corp grew out of a technology project involving the Oxford English Dictionary at Canada's University of Waterloo in the mid-1980s. ADD TO WATCHLIST . Contact OpenText today Email. 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 … ET by Tomi Kilgore. INDUSTRY. View OTEX's dividend history, dividend yield, date and payout ratio at MarketBeat. If you had invested $10,000 in the stock five years back, you would have earned approximately $12,000 through dividends and … View today's stock price, news and analysis for Open Text Corp. (OTEX). Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. What is this stock worth in intrinsic value? Open Text Corp is a Canada-based company engaged in software development sector. 0 analysts recommended to SELL the stock. The Motley Fool Canada | September 13, 2020. 09/08/2020 10:41:37 1-888-992-3836 Free Membership Login This Tiny TSX Stock Could Be the Next Shopify. Free forex prices, toplists, indices and lots more. The Motley Fool owns shares of and recommends Adobe Systems, Microsoft, Shopify, Shopify, and Zoom Video Communications. Cookies are used to offer you a better browsing experience and to analyze our traffic. 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). computer software/processing 0 Comments. Get Open Text Corp (OTEX-CA:Toronto Stock Exchange) real-time stock quotes, news and financial information from CNBC. Open Text Corporation (OTC) stock price, charts, trades & the US's most popular discussion forums. In the last year, 23 stock analysts published opinions about OTEX-T. 23 analysts recommended to BUY the stock. View daily, weekly or monthly format back to when OPEN TEXT CORPORATION stock was issued. Open Text stock price target raised to $48 from $42 at Benchmark. View real-time stock prices and stock quotes for a full financial overview. Historical prices for Open Text with share price and OTEX stock charts. Open Text Corporation is followed by the analysts listed above. Please read the Privacy Statement and Terms of Service for more information. Cookies are used to offer you a better browsing experience and to analyze our traffic. Open Text Corp is a Canada-based company engaged in software development sector. 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. This is your chance to get in early on what could prove to be very special investment advice. Contact Us. Open Text Corporation (NASDAQ:OTEX) stock is about to trade ex-dividend in 4 days. 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