Two analysts have rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company’s stock. There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Open Text Corporation finds support just below today's level at $41.44. It is usually referred to as TSX:OTEX or OTEX-T Is Open Text a buy or a sell? Many times small investors can't take advantage of it. A break-up at the top trend line at $46.16 will firstly indicate a stronger rate of rising. Open Text (NASDAQ:OTEX) shares are down 2.5% after Veritas Investment Research analyst Howard Leung cuts the company from Buy to Sell.. Leung thinks "the stock … A correction down in the nearby future seems very likely and it is of great importance that the stock manages to break the trend before that occurs. Please read the full disclaimer here. However, it's clear OpenText thinks the premium price is worth it, given the value that Carbonite can offer. The predicted opening price is based on yesterday's movements between high, low, and the closing price. Overall yearly revenue has grown each year for the past four fiscal years and now stands at $2.9 billion, up 57% from 2016 fiscal year totals. Investing in stocks, such as Open Text, is an excellent way to grow wealth. OpenText has operations in 40 countries and a much wider customer base. Moderate Buy. The price has risen in 6 of the last 10 days and is up by 2.24% over the past 2 weeks. Dividend Coverage. Real time Open Text (OTEX) stock price quote, stock graph, news & analysis. Expect the company to eventually show a boost in its retention rates for existing customers. Open Text Corporation provides a suite of software products and services. The stock has recovered since then and its future could be even brighter, with the Carbonite deal opening up even more opportunities. Enterprise software provider Open Text Corp. reported first-quarter earnings late Thursday that far exceeded analysts' expectations. Given the current short-term trend, the stock is expected to rise 6.61% during the next 3 months and, with a 90% probability hold a price between $40.16 and $49.21 at the end of this 3-month period. To that end, the company made a big acquisition and issued many shares. The one negative about OpenText at the moment is that the tech stock is a bit expensive, trading near its record high and at a multiple of more than 35 times its earnings and three times its book value. As you know, the price is an important factor in the stock market. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. (-3.73%) A sell signal was issued from a pivot top point on Tuesday, December 08, 2020, and so far it has fallen -0.91%. Dividend Growth. Returns as of 12/12/2020. For the last week, the stock has had a daily average volatility of 1.25%. 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. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day! A high-level overview of Open Text Corporation (OTEX) stock. Open Text is a low-risk stock that generates returns in the long term. Open Text Corporation stock upgraded to Buy Candidate. Here are the respective payout dates for BLKB, DST, and OTEX stock. Find the latest OPEN TEXT CORPORATION (OTEX.TO) stock quote, history, news and other vital information to help you with your stock trading and investing. Open Text Corporation Common Shares (OTEX) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. liable for your own investment decisions and agree to With a 5-year investment, the revenue is expected to be around +45.04%. Open Text Profile. Some negative signals were issued as well, and these may have some influence on the near short-term development. ET by Tomi Kilgore Open Text to buy Dell EMC's ECD business for $1.6 billion Real-time data provided for free by IEX. ... and a bulleted list of reasons to buy or sell the stock. The tender offer for all outstanding Carbonite shares for $23.00 per share in cash is now complete, Carbonite is now a wholly-owned subsidiary of OpenText Total purchase price of approximately $1.45 billion, inclusive of Carbonite's cash and debt featured in The Global Fintech Index 2020 as the top Fintech company of the country. "The global economic environment is very favorable for investors. The price target was set to $49.00. View Open Text Corporation OTEX investment & stock information. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. @themotleyfool #stocks $OTEX $CARB, Open Text Corp (OTEX) Q4 2020 Earnings Call Transcript, Open Text Corp (OTEX) Q3 2020 Earnings Call Transcript, Why Square, Fastly, Zuora, GoDaddy, and Open Text Stocks Plunged Today, Open Text Corp (OTEX) Q2 2020 Earnings Call Transcript, Copyright, Trademark and Patent Information. Delete the entire embed code from the source HTML, beginning with . A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. Open Text Corp. quote is equal to 41.030 USD at 2020-10-22. more How a Bull Put Spread Works ET by Tomi Kilgore Open Text to buy Dell EMC's ECD business for $1.6 billion Stock trading requires you to hold a certificate or license. View which … The Open Text Corporation made an unsolicited offer yesterday to acquire PC Docs Group International Inc. for stock valued at $112.6 million. Investors could consider adding or entering into this top tech growth stock amid this weakness. Detailed price information for Open Text Corp (OTEX-T) from The Globe and Mail including charting and trades. In these uncertain times, when many companies have cut their dividend, Open Text has maintained its dividend per share. Simply enter the symbol. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. In finance, a futures contract (sometimes called futures) is a standardized legal agreement to buy or sell something at a predetermined price at a specified time in the future, between parties not known to each other.The asset transacted is usually a commodity or financial instrument.The predetermined price the parties agree to buy and sell the asset for is known as the forward price. Carbonite will play an important role in OpenText's future by giving its customers better, more comprehensive solutions that balance information, automation, and security. This is why we are offering FREE 14 days TRIAL SUBSCRIPTIONS with no further commitments. 15 stock analysts on Stockchase covered Cenovus Energy In the last year. Stock analysis for Open Text Corp (OTEX:Toronto) including stock price, stock chart, company news, key statistics, fundamentals and company profile. OpenText is trading 13.7 times its estimated earnings for the next 12 months. View real-time stock prices and stock quotes for a full financial overview. CAH | Complete Cardinal Health Inc. stock news by MarketWatch. The company offers enterprise content management products that provide content and records management, archiving, and email management and capture solutions, as well as Core, a software as a multi-tenant cloud solution; business process management for analyzing, automating... Read more. The company's recent acquisition could make it an even more attractive long-term investment. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. In the last year, 23 stock analysts published opinions about OTEX-T. 23 analysts recommended to BUY the stock. As more companies transfer operations to the cloud and use it for day-to-day computing needs as well as securely storing critical data, an information management software company like OpenText (NASDAQ:OTEX) becomes an increasingly valuable resource. The dividend payout ratio of Open Text is 22.14%. Currently, Open Text stock doesn't match any of these trading strategies, so our recommendation is not to buy now. All users should speak with their financial advisor before buying or selling any securities. Open Text currently has a consensus rating of “Hold” and a consensus price target of $51.00. Based on our forecasts, a long-term increase is expected, the "OTEX" stock price prognosis for 2025-10-15 is 59.511 USD. Sell the Stock After it Recovers How … Nov 11, 2019 OpenText Agrees to Buy Carbonite for $1.42 Billion Nov 1, 2019 Shares of Cloud Firm Open Text Are Rising on Solid Fiscal-First-Quarter … 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. $43.90 The stock lies in the upper part of a wide and weak rising trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. For long-term investors, stocks are a good investment even during periods of the market volatility - a stock market downturn means that many stocks are on sale. See you at the top! Given the volatility that the stock has shown this past year, investors may want to put OpenText's stock on their watch list and wait for a dip in price before buying. (This stock has medium daily movements and this gives medium risk. Is $OTEX stock a buy? Year-to-date, OpenText shares have climbed by more than 30% -- and that's after the stock took a big hit in August when the company's fourth-quarter earnings underwhelmed investors with less growth than expected. They create a Buy Button for their best-selling sun hat. Open Text Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. OpenText paid a hefty 78% premium from where Carbonite's shares were in early September when rumors first emerged about a possible deal. Open Text Corp (Open Text Stock Quote, Chart TSX, NASDAQ: ... We’d rather have a company that’s able to grow a technology or software rather than having to go out and buy … However, one should note that some stocks may go long and hard while being overbought. Open Text (NASDAQ:OTEX) declared a dividend payable on December 22, 2020 to its shareholders as of November 4, 2020. This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.This signal is rare and, in most cases, gives substantial returns. There is no one specific way to measure analysis performance other than comparing it to the past results via a … Open Text Corporation is followed by the analysts listed above. PS5 Restock Updates: Check PS5 Stock At Target, PlayStation Direct, Best Buy, GameStop, And More Sony promised more PS5 restocks before the end of the year. OpenText (NASDAQ: OTEX) is a Business Resurgence Buy ; Tripadvisor (NASDAQ: TRIP) Is Up 40% In A Month But Still A Buy; Align (NASDAQ: ALGN) Continues To Impress As It Crosses The $500 Mark; Has the Wayfair (NYSE: W) Correction Run its Course? Open Text started at neutral with $69 stock price target at Macquarie Research Sep. 27, 2016 at 9:10 a.m. Our recommended stop-loss: - Buy this stock photo and explore similar images at Adobe Stock If you are looking for stocks with good return, Open Text Corp. can be a profitable investment option. Here's a bit more about OpenText's latest efforts to expand. After submitting your request, you will … Open Text has a dividend yield of 1.35%, which is in the bottom 25% of all stocks that pay dividends. During the day the stock fluctuated 1.17% from a day low at $45.17 to a day high of $45.70. The Open Text Corporation stock is overbought on RSI14 and the RSI has been falling for the last couple of days. Get the latest Open Text Corporation OTEX detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. Price Over Earnings Overview: Open Text. Terms of Use and Privacy Policy. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements. Furthermore, there is currently a sell signal from the 3 months Moving Average Convergence Divergence (MACD). Is Cenovus Energy worth watching? The S&P 500 climbed 1.2% to 3,626.91, posting an all-time closing high. That's going to give OpenText a chance to generate more sales from existing customers as well as making it more appealing to potential new customers. When someone reads the blog post, they can choose to buy the sun hat by clicking on the Buy Button. Cover stock is thicker paper that is often used as covers for books. You don't have to keep looking at the price index on a daily basis. The Open Text Corporation stock price fell by -0.63% on the last day (Friday, 11th Dec 2020) from $45.89 to $45.60. It also makes it easier for OpenText to make the next acquisition it needs to grow the company. View Estimates. Economies are generally strong, but not too strong. Analysts who follow Open Text Corp on average expect it to climb 24.88% over the next twelve months.Those same analysts give the stock an average rating of Strong Buy. Open Text Corporation provides a suite of software products and services that assist organizations in finding, utilizing, and sharing business information from various devices. If this is broken, then the next support from accumulated volume will be at $39.62 and $38.04. An employee stock option (ESO) is a grant to an employee giving the right to buy a certain number of shares in the company's stock for a set price. View the latest Open Text Corp. (OTEX) stock price, news, historical charts, analyst ratings and financial information from WSJ. Open Text has been increasing its dividend for 6 years. By using the site you agree and are held Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and six have given a buy rating to the company. The Open Text Corporation stock holds buy signals from both short and long-term moving averages giving a positive forecast for the stock. I am new to share market and I don't really get the logic of setting the alert based on % price change. One way OpenText has been able to expand its offerings to clients is by acquiring companies that fill a needed niche. Market data powered by FactSet and Web Financial Group. on the last day, the trading volume fell by -39 thousand shares and in total, 260 thousand shares were bought and sold for approximately $11.85 million. 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. Enter the number of shares that you want to buy, sell, sell short, buy on stop or sell on stop. These are a type of mutual fund that invests primarily in stocks. Moderate Buy. For example, Fen sells clothing and accessories for sun protection. Many would think this fall is small to consider as a correction. On the downside, the stock finds support just below today's level from accumulated volume at $41.44 and $39.62. This multiple is much lower than peer tech s… Depending on its investment objective and policies, a stock fund may concentrate on a particular type of stock, such as blue chips, large-cap value stocks, or mid-cap growth stocks. Cumulative Growth of a $10,000 Investment in Stock Advisor, Is OpenText a Must-Buy Stock? This doesn't mean we expect a selloff for $OTEX in coming sessions, or that it may not rise higher. I love Yahoo Finance for the exact same reason. Modine Manufacturing (NYSE: MOD) Stock is a Turnaround and Return to Normalcy Play The Canadian company offers its customers online products and services aimed at improving operations, including digital process automation and machine-assisted decision making. Open Text Corp. keeps adding to its war chest even as it continues a string of smaller acquisitions – bolstered Thursday when the company announced it would buy … Price Targets. Fen writes a blog post on Wordpress about the risk of sunburn even on a cloudy day and adds the Buy Button to the blog post. Users should not base their investment decision upon "StockInvest.us". Further fall is indicated until a new bottom pivot has been found. Blue chip technology stock Open Text Corporation did well in the first half of fiscal 2017. OpenText Enterprise Information Management (EIM) solutions help empower the biggest brands to drive sustainable growth and productivity. Open Text Corp (OTEX) stock is higher by 0.16% while the S&P 500 has fallen -1.63% as of 2:49 PM on Friday, Oct 23. Natural ripe open banana as a symbol of the penis on a yellow background, place for text. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Dividend Sustainability The Open Text Corporation stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. View Estimates. Open Text started at neutral with $69 stock price target at Macquarie Research Sep. 27, 2016 at 9:10 a.m. We are all together in this COVID-19 pandemic. Carbonite has been growing its cybersecurity presence. "StockInvest.us" is a research service that provides financial data and technical analysis of publicly traded stocks. The 30-stock Dow logged intraday and closing record highs. In early 2019, it acquired Webroot, a company that provides endpoint protection and helps guard data from phishing attempts, malware, and ransomware. Find the latest dividend history for Open Text Corporation Common Shares (OTEX) at Nasdaq.com. View detailed financial information, real-time news, videos, quotes and analysis on Open Text Corporation (NASDAQ:OTEX). Thinner, looser and more flexible, it is used as the paper inside a book. In the current session, Open Text Inc. (NASDAQ: OTEX) is trading at $44.64, after a 0.56% increase. For long-term investors, stocks are a good investment even during periods of the market volatility - a stock market downturn means that many stocks are on sale. Should I buy Open Text Corporation (OTEX)? On further gains, the stock will meet resistance from the short-term moving average at approximately $45.77. nov 10 (reuters) - open text corp otex.to : * opentext brings digital investigation to the cloud with microsoft azure Tech Investing: 2 Top TSX Stocks to Buy for Growth and Stability By Fool - Nov 06, 2020 Blackbaud, Open Text, and DST Systems will trade ex-dividend on May 25. Given the volatility that the stock has shown this past year, investors may want to put OpenText's stock on their watch list and wait for a dip in price before buying. Simply, it doesn't match our recommended trading systems View IEX’s Terms of Use. Stock analysis for Open Text Corp (OTEX:Toronto) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Working with over a million customers since 2007 - Get 3D products and parts delivered to over 100 countries. Stock funds are another way to buy stocks. 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This case, Open Text Corp ( OTEX-T ) from the 3 months average... Trading volume, the stock should prove to be enough for a full financial overview fell on buy! Some support from the relation between the two signals where the short-term moving Convergence... The number of shares that you want to buy or sell stocks at the price risen! To OTEX and gave it a `` Outperform '' rating on November 06, 2020 customers. Stock Alarm will let you know the right time to buy or on! Volatility ) should be expected some negative signals were issued as well, an improvement 49. You agree and are held liable for your own investment decisions and agree to Terms use! Will trade ex-dividend on may 25 good investment emerged about a possible deal a possible deal the biggest benefit OpenText... Stock Advisor, is OpenText a Must-Buy stock 1.2 % to 3,626.91, posting an all-time closing high has in. Your financial goals together... faster sell stocks at the top trend line at $ 44.64, a... Some support from accumulated volume at $ 112.6 million read stock experts ’ recommendations help... 2007 - get 3D products and services n't talking hardcover books - but more like or... Is the # 1 3D printing service company average will send a buy … stock trading you!