Open Text

OTEX-T

TSE:OTEX

55.39
0.07 (0.13%)
OpenText Corporation is a Canadian company that develops and sells enterprise information management software.
More at Wikipedia

Analysis and Opinions about OTEX-T

Signal
Opinion
Expert
Chart
PAST TOP PICK
PAST TOP PICK
May 4, 2021
(A Top Pick May 01/20, Up 11%) They have a global presence; 95% of revenue lies outside Canada, mostly Europe and US. They have a huge of base of 10,000 enterprises. During the pandemic, people worked from home. Also, this is a growth by acquisition story. The current 11% return is inline with historic returns. This compounds and grows by buying business. Boring, but it works. It beats the TSX tech index.
Show full opinionHide full opinion
Open Text (OTEX-T)
May 4, 2021
(A Top Pick May 01/20, Up 11%) They have a global presence; 95% of revenue lies outside Canada, mostly Europe and US. They have a huge of base of 10,000 enterprises. During the pandemic, people worked from home. Also, this is a growth by acquisition story. The current 11% return is inline with historic returns. This compounds and grows by buying business. Boring, but it works. It beats the TSX tech index.
Brian Madden
Price
$58.190
Owned
Yes
COMMENT
COMMENT
April 23, 2021

Lots of Canadians seem to pour money into Constellation Software but for him, there is no real strategy. For Open Text there is a taxation issue with the IRS and also they need another acquisition. For an acquisition and control point of view, although CSU has outperformed, he thinks OTEX is the better choice. Has OTEX stocks and would buy at these levels.

Show full opinionHide full opinion
Open Text (OTEX-T)
April 23, 2021

Lots of Canadians seem to pour money into Constellation Software but for him, there is no real strategy. For Open Text there is a taxation issue with the IRS and also they need another acquisition. For an acquisition and control point of view, although CSU has outperformed, he thinks OTEX is the better choice. Has OTEX stocks and would buy at these levels.

Darren Sissons
Price
$59.505
Owned
_N/A
PAST TOP PICK
PAST TOP PICK
March 5, 2021
(A Top Pick Mar 10/20, Up 5%) Inexpensive at 14x earnings. Earnings have grown at 13%. A secular grower. 600 open jobs right now that are work from anywhere jobs which opens up the talent pool. Great innovator and a great consolidator. Continues to buy it here.
Show full opinionHide full opinion
Open Text (OTEX-T)
March 5, 2021
(A Top Pick Mar 10/20, Up 5%) Inexpensive at 14x earnings. Earnings have grown at 13%. A secular grower. 600 open jobs right now that are work from anywhere jobs which opens up the talent pool. Great innovator and a great consolidator. Continues to buy it here.
Brian Madden
Price
$57.440
Owned
Yes
BUY
BUY
February 26, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock seems to be out of favour but it has done well over the long term. The stock is cheap at these levels following a weak year last year. EPS should increase from $0.99 to $3.25 in 2021. A good recovery year is expected. Unlock Premium - Try 5i Free

Show full opinionHide full opinion
Open Text (OTEX-T)
February 26, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The stock seems to be out of favour but it has done well over the long term. The stock is cheap at these levels following a weak year last year. EPS should increase from $0.99 to $3.25 in 2021. A good recovery year is expected. Unlock Premium - Try 5i Free

PAST TOP PICK
PAST TOP PICK
February 10, 2021
(A Top Pick Feb 07/20, Up 3%) Boring little software company that's trying to integrate into the cloud. Just keeps chugging along, increasing the dividend and delivering recurring revenues, paying down debt, making acquisitions. Still a very attractive buy.
Show full opinionHide full opinion
Open Text (OTEX-T)
February 10, 2021
(A Top Pick Feb 07/20, Up 3%) Boring little software company that's trying to integrate into the cloud. Just keeps chugging along, increasing the dividend and delivering recurring revenues, paying down debt, making acquisitions. Still a very attractive buy.
David Driscoll
Price
$62.210
Owned
Yes
BUY
BUY
February 5, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. EPS of 95 cents beat estimates by 12%. Sales were 5% better and EBITDA was 10% better. Sales rose strongly with EPS rising by 13%. Overall things look pretty good and 5i considers it a buy. Unlock Premium - Try 5i Free

Show full opinionHide full opinion
Open Text (OTEX-T)
February 5, 2021

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. EPS of 95 cents beat estimates by 12%. Sales were 5% better and EBITDA was 10% better. Sales rose strongly with EPS rising by 13%. Overall things look pretty good and 5i considers it a buy. Unlock Premium - Try 5i Free

TOP PICK
TOP PICK
February 3, 2021
Poster child for growth by acquisition strategy. Cloud and site-based content management. Quite large installed user base. Strong balance sheet. Almost 90% of revenues are recurring. Almost 95% of revenue is outside Canada. Great consolidator with accretive acquisitions. Earnings report tomorrow, and share price could pop. Yield is 1.74%. (Analysts’ price target is $66.21)
Show full opinionHide full opinion
Open Text (OTEX-T)
February 3, 2021
Poster child for growth by acquisition strategy. Cloud and site-based content management. Quite large installed user base. Strong balance sheet. Almost 90% of revenues are recurring. Almost 95% of revenue is outside Canada. Great consolidator with accretive acquisitions. Earnings report tomorrow, and share price could pop. Yield is 1.74%. (Analysts’ price target is $66.21)
Brian Madden
Price
$60.010
Owned
Yes
BUY WEAKNESS
BUY WEAKNESS
January 21, 2021
Well-run. Price target of $52US, so still room to go. Develops and sells enterprise information management software. Helps decision-making. Organic growth plus acquisitions. Wait for a pullback to low $40s, but he's said this before and is still waiting.
Show full opinionHide full opinion
Open Text (OTEX-T)
January 21, 2021
Well-run. Price target of $52US, so still room to go. Develops and sells enterprise information management software. Helps decision-making. Organic growth plus acquisitions. Wait for a pullback to low $40s, but he's said this before and is still waiting.
Kim Bolton
Price
$59.560
Owned
Unknown
HOLD
HOLD
January 11, 2021

DSG-T vs. OTEX-T which to sell to raise cash? DSG-T, if you own it, you would have done very well, but the fair market value is 78% lower than where it is at now. There is a lot of momentum behind it but not a lot of value. OTEX-T is trading right at its fair market value and has not been above that in ten years. He would sell either one if you want a source of cash.

Show full opinionHide full opinion
Open Text (OTEX-T)
January 11, 2021

DSG-T vs. OTEX-T which to sell to raise cash? DSG-T, if you own it, you would have done very well, but the fair market value is 78% lower than where it is at now. There is a lot of momentum behind it but not a lot of value. OTEX-T is trading right at its fair market value and has not been above that in ten years. He would sell either one if you want a source of cash.

Ross Healy
Price
$56.340
Owned
Unknown
BUY
BUY
December 21, 2020
He has his eyes on it. It is on the short list for tech companies. They are in touch with 40% of tech companies around the world as potential customers. They only have a 10% penetration of their products within their customers. They have more credibility today because of the cloud. They should be able to achieve a decent organic growth rate in addition to their acquisitions strategies.
Show full opinionHide full opinion
Open Text (OTEX-T)
December 21, 2020
He has his eyes on it. It is on the short list for tech companies. They are in touch with 40% of tech companies around the world as potential customers. They only have a 10% penetration of their products within their customers. They have more credibility today because of the cloud. They should be able to achieve a decent organic growth rate in addition to their acquisitions strategies.
Teal Linde
Price
$57.700
Owned
No
BUY
BUY
November 27, 2020

vs. CN Rail It did well, though not as well as the FAANGs. He's pared his holding. You can't compare this with CN--completely different industries. You can own both though. CN may do better than OTEX.

Show full opinionHide full opinion
Open Text (OTEX-T)
November 27, 2020

vs. CN Rail It did well, though not as well as the FAANGs. He's pared his holding. You can't compare this with CN--completely different industries. You can own both though. CN may do better than OTEX.

Norman Levine
Price
$57.990
Owned
Yes
BUY WEAKNESS
BUY WEAKNESS
October 22, 2020

Geared to the enterprise, not the consumer. Helps digitalize processes in the supply chain, through analytics and AI. Well diversified client base, recurring revenues. Target of US$52.05. Can start to nibble here. Consistent double-digit growth rate. Buy it with a $30 handle on it.

Show full opinionHide full opinion
Open Text (OTEX-T)
October 22, 2020

Geared to the enterprise, not the consumer. Helps digitalize processes in the supply chain, through analytics and AI. Well diversified client base, recurring revenues. Target of US$52.05. Can start to nibble here. Consistent double-digit growth rate. Buy it with a $30 handle on it.

Kim Bolton
Price
$53.910
Owned
Unknown
PAST TOP PICK
PAST TOP PICK
September 10, 2020
(A Top Pick Sep 04/19, Up 9%) Provides software to medium/large businesses. It does cloud and content management for companies, so demand is high. 80% of revenues are recurring with high margins. They're seeing strength in government and healthcare. Their Q4 2020 earnings blew past estimates, growing an impressive 11% YOY during a recession. Continues to buy it.
Show full opinionHide full opinion
Open Text (OTEX-T)
September 10, 2020
(A Top Pick Sep 04/19, Up 9%) Provides software to medium/large businesses. It does cloud and content management for companies, so demand is high. 80% of revenues are recurring with high margins. They're seeing strength in government and healthcare. Their Q4 2020 earnings blew past estimates, growing an impressive 11% YOY during a recession. Continues to buy it.
Brian Madden
Price
$56.950
Owned
Yes
COMMENT
COMMENT
August 25, 2020

Why is it lagging its Canadian tech peers? They're a little different from Shopify, etc. because they provide AI and cybersecurity to clients. It's up only 2% YTD. The market must be patient with their acquisitions to be accretive, and OTEX is a serial buyer. It drives him crazy that they issue bonds. But growing revenues are possible and they keep increasing their dividend. He owns this plus Shopify and Enghouse.

Show full opinionHide full opinion
Open Text (OTEX-T)
August 25, 2020

Why is it lagging its Canadian tech peers? They're a little different from Shopify, etc. because they provide AI and cybersecurity to clients. It's up only 2% YTD. The market must be patient with their acquisitions to be accretive, and OTEX is a serial buyer. It drives him crazy that they issue bonds. But growing revenues are possible and they keep increasing their dividend. He owns this plus Shopify and Enghouse.

David Driscoll
Price
$58.440
Owned
Yes
BUY
BUY
August 4, 2020

Open Text vs. Docebo He prefers OTEX, hands-down. OTEX is a former top pick. Likes their strategy and cloud-based business. They're an active acquirer of other businesses. Offers decent organic growth, not as good as Shopify but with a far lower PE than the latter around 15x. A stable cash flow, too.

Show full opinionHide full opinion
Open Text (OTEX-T)
August 4, 2020

Open Text vs. Docebo He prefers OTEX, hands-down. OTEX is a former top pick. Likes their strategy and cloud-based business. They're an active acquirer of other businesses. Offers decent organic growth, not as good as Shopify but with a far lower PE than the latter around 15x. A stable cash flow, too.

Brian Madden
Price
$60.290
Owned
Yes
Showing 1 to 15 of 371 entries

Open Text(OTEX-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 20

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 21

Stockchase rating for Open Text is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Open Text(OTEX-T) Frequently Asked Questions

What is Open Text stock symbol?

Open Text is a Canadian stock, trading under the symbol OTEX-T on the Toronto Stock Exchange (OTEX-CT). It is usually referred to as TSX:OTEX or OTEX-T

Is Open Text a buy or a sell?

In the last year, 21 stock analysts published opinions about OTEX-T. 20 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for Open Text.

Is Open Text a good investment or a top pick?

Open Text was recommended as a Top Pick by Brian Madden on 2021-05-04. Read the latest stock experts ratings for Open Text.

Why is Open Text stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Open Text worth watching?

21 stock analysts on Stockchase covered Open Text In the last year. It is a trending stock that is worth watching.

What is Open Text stock price?

On 2021-05-13, Open Text (OTEX-T) stock closed at a price of $55.39.