Is Open Text Corporation (NASDAQ:OTEX) Potentially Undervalued? [Yahoo! Finance]
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Open Text Corporation - Common Shares (OTEX)
Last open text corporation - common shares earnings: 4/30 04:01 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investors.opentext.com/investor-relations
Company Research
Source: Yahoo! Finance
NASDAQGS, rising to highs of US$39.95 and falling to the lows of US$27.70. Some share price movements can give investors a better opportunity to enter into the stock, and potentially buy at a lower price. A question to answer is whether Open Text's current trading price of US$27.70 reflective of the actual value of the mid-cap? Or is it currently undervalued, providing us with the opportunity to buy? Let's take a look at Open Text's outlook and value based on the most recent financial data to see if there are any catalysts for a price change. Check out our latest analysis for Open Text What Is Open Text Worth? According to our price multiple model, which makes a comparison between the company's price-to-earnings ratio and the industry average, the stock price seems to be justfied. We've used the price-to-earnings ratio in this instance because there's not enough visibility to forecast its cash flows. The stock's ratio of 44.4x is currently trading slightly above its industry pee
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OTEX
News
- Open Text Co. (NASDAQ: OTEX) had its price target lowered by analysts at Citigroup Inc. from $37.00 to $32.00. They now have a "neutral" rating on the stock.MarketBeat
- OpenText Stock Is Down: Buy the Dip — or Run for Cover? [Yahoo! Finance Canada]Yahoo! Finance Canada
- Europe Enterprise File Synchronization And Sharing Market to Hit Valuation of USD 12,491.5 Million By 2032 | Astute Analytica [Yahoo! Finance]Yahoo! Finance
- Open Text Co. (NASDAQ: OTEX) had its price target lowered by analysts at CIBC from $38.50 to $36.00. They now have a "neutral" rating on the stock.MarketBeat
- Growth And Income? These Tech Stocks Offer Both [Yahoo! Finance]Yahoo! Finance
OTEX
Earnings
- 5/2/24 - Beat
OTEX
Sec Filings
- 5/15/24 - Form 8-K
- 5/8/24 - Form 8-K
- 5/2/24 - Form 10-Q
- OTEX's page on the SEC website