Open Text Corporation

29.05.20 09:28 PM - By Manish Singh

Company Description:

Open Text Corp. engages in the design, development, marketing and sales of enterprise information management software and solutions. It includes customer experience management (CEM), digital process automation, business network, and enterprise content management, discovery, security, and artificial intelligence (AI) and analytics solutions. It also offers consulting, managed, and learning services. The company was founded on June 26, 1991 and is headquartered in Waterloo, Canada.

 

 

 


Officers and Executives

Name

Age

Officer Since

Title

Mr. Mark J. Barrenechea

54

2012

President & Chief Executive Officer

Ms. Madhu Ranganathan

54

2018

Executive VP, Chief Financial

&  Accounting Officer

Mr. David Jamieson

54

2014

Chief Information Officer & SVP

Mr. Gordon Allan Davies

57

2009

Secretary & Chief Legal Officer

Mr. Muhi S. Majzoub

-

2012

Senior Vice President-Engineering

 

 

Financial Summary

Market Cap

10.65B

Quick Ratio

1.1

Income

279.80M

Current Ratio

1.1

Sales

3.03B

Debt/Eq

1.05

Book/sh

14.74

LT Debt/Eq

0.9

Cash/sh

5.41

SMA20

3.03%

Dividend

0.7

EPS this Y

8.30%

Dividend %

1.77%

EPS past 5Y

3.20%

Employees

13100

Sales past 5Y

12.00%

Employees

13100

Sales Q/Q

13.30%

P/E

38.47

EPS Q/Q

-64.60%

PEG

4.58

Earnings

Apr 30 AMC

P/B

2.69

SMA50

9.13%

Insider Own

2.30%

Shs Outstand

271.22M

Insider Trans

0.00%

Shs Float

266.73M

Inst Own

77.80%

Short Float

2.20%

Inst Trans

-0.52%

Short Ratio

8.42

ROA

3.10%

Target Price

45.08

ROE

7.10%

52W Range

29.11 - 47.85

ROI

6.30%

52W High

-17.11%

Gross Margin

67.70%

52W Low

36.22%

Oper. Margin

18.20%

RSI (14)

60.56

Profit Margin

9.20%

Rel Volume

0.49

Payout

67.40%

Avg Volume

698.10K

SMA200

-3.08%

Volume

3,44,852

 

Broker Report

Jul-11-19

Reiterated

The Benchmark Company

Buy

$42 → $48

Nov-22-17

Downgrade

Macquarie

Neutral → Underperform

Feb-16-17

Initiated

Citigroup

Neutral

$36

Jan-24-17

Resumed

Barclays

Overweight

$76

Jul-28-16

Reiterated

The Benchmark Company

Buy

$65 → $75

Jun-21-16

Reiterated

RBC Capital Mkts

Outperform

$60 → $70

Apr-28-16

Reiterated

The Benchmark Company

Buy

$55 → $65

Apr-04-16

Initiated

TD Securities

Buy

Feb-10-16

Reiterated

RBC Capital Mkts

Outperform

$55 → $57

Feb-10-16

Reiterated

Barclays

Overweight

$55 → $56

Oct-29-15

Reiterated

Barclays

Overweight

$50 → $55

Jul-30-15

Upgrade

RBC Capital Mkts

Sector Perform → Outperform

$50 → $55

Jul-28-15

Reiterated

Barclays

Overweight

$56 → $50

May-22-15

Reiterated

Barclays

Overweight

$61 → $56

May-21-15

Reiterated

The Benchmark Company

Buy

$63 → $55

May-21-15

Reiterated

The Benchmark Company

Buy

$62 → $55

Apr-29-15

Reiterated

RBC Capital Mkts

Sector Perform

$60 → $55

Apr-29-15

Downgrade

CIBC

Sector Outperform → Sector Perform

Jul-11-14

Downgrade

RBC Capital Mkts

Outperform → Sector Perform

$60 → $55

Jan-24-14

Reiterated

The Benchmark Company

Buy

$95 → $125

 

Technical Analysis Summary:

 

 

 

CHART

 

 Recommendations:

Open Text is a Fundamental Strong Company and we recommend it to keep in portfolio as all technical and fundamental indicators are in favor of uptrend however it have strong resistance at 45.95 so low risk investor can book profit between 45-46 and exit keep stop loss of 36 for current position and long term Investor can keep this stock for a longer period.

 

Manish Singh

Research Analyst

ManiResearch Investment Advisory

+91 8224979882

 

*Research Report is solely for internal purpose made on client request as on 26th May 2020, before making any investment or taking any decision kindly consult your Investment advisor. 

Manish Singh