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|
Type
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Public |
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Traded as | TSX: OTEX NASDAQ: OTEX |
Industry | Computer software |
Founded | 1991 (1991) |
Founder | Tim Bray, Gaston Gonnet, Frank Tompa |
Headquarters | Waterloo, Ontario, Canada |
Key people
|
Mark Barrenechea, CEO & CTO |
Products | Enterprise content management (ECM), business process management (BPM), customer experience management (CEM), information exchange, discovery and analytics software |
Revenue | US$ $2.29 billion (FY 2017) |
Number of employees
|
14,467 (as of March, 2017) |
Website | www |
OpenText Corporation (also written opentext) is a Canadian company that develops and sells enterprise information management (EIM) software.
OpenText, headquartered in Waterloo, Ontario, Canada, is Canada's largest software company as of 2014 and recognized as one of Canada's Top 100 Employers 2016 by Mediacorp Canada Inc.
OpenText software applications manage content or unstructured data for large companies, government agencies, and professional service firms. OpenText aims its products at addressing information management requirements, including management of large volumes of content, compliance with regulatory requirements, and mobile and online experience management.
OpenText employs over 10,000 people worldwide and is a publicly traded company, listed on the NASDAQ (OTEX) and the Toronto Stock Exchange (OTEX).
OpenText Corporation was founded in 1991 by University of Waterloo professors Frank Tompa, Timothy Bray, and Gaston Gonnet. It was a successor to OpenText Systems Inc., founded in 1989. The company was spun off from a University of Waterloo project that developed technology to index the Oxford English Dictionary.
Key people involved later include Tom Jenkins, who joined the company as COO in 1994. Tom Jenkins later became President and Chief Executive Officer, and has been Executive Chairman since 2013. John Shackleton served as President from 1998–2011, and as CEO from 2005 - 2011. Mark Barrenechea has been President and CEO of OpenText since 2012. Mark Barrenechea was named Canadian Business CEO of the year in 2015. From January 2016, Steve Murphy served as the President, however the position was made redundant in 2017 Q1.
OpenText is a supporter of the University of Waterloo Stratford Campus, contributing both funds and in-kind services to the school.
In August 2016, OpenText was recognised by the consulting firm PWC as being number 1 in their "Fastest Growing Cloud Companies" report
On September 12, 2016, OpenText, acquired Dell EMC's ECD division—which included Documentum, an enterprise content management suite—for $1.6B USD.
RedDot, founded in 1993, is a business unit of OpenText Corporation that the company refers to as the Web Solutions Group. The software assists in the management of content, with regulatory compliance and industry specific requirements.
Its core product, RedDot CMS is a Windows-based server application that provides Web content management in a multi-user environment. Complementary to the CMS or as a standalone product, LiveServer aggregates disparate document resources and serves them as Web pages.
Red dots on the authoring interface indicated sections of editable content for each web page, hence the name RedDot for the product. This feature was popular with customers and won awards in 2001 for its usability. By 2006 RedDot was one of the few WCM vendors that continued to develop their own content authoring interface. Most other WCM vendors had moved to open source alternatives, or had licensed an online rich-text editor from commercial vendors such as Ephox or Ektron. In response to customer attempts to work around the limitations of the RedDot editor by installing other editors RedDot developed an integration layer to support CKeditor and Ephox EditLive! as alternative editors. In 2009 RedDot (now the OpenText Web Solutions Group) made the Telerik RadEditor available alongside the existing RedDot editor for CMS 9.
The growth of OpenText has largely been through acquisitions. Notable acquisitions include:
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q1 2023 | 2022-11-02 | Future report Set alerts | |
Q4 2022 | 2022-08-04 | 0.80 | 0.80 |
Q3 2022 | 2022-05-04 | 0.70 | 0.70 |
Q2 2022 | 2022-02-03 | 0.89 | 0.89 |
Q1 2022 | 2021-11-04 | 0.83 | 0.83 |
Q4 2021 | 2021-08-05 | 0.80 | 0.80 |
Q3 2021 | 2021-05-06 | 0.75 | 0.75 |
Q2 2021 | 2021-02-04 | 0.95 | 0.95 |
Q1 2021 | 2020-11-05 | 0.89 | 0.89 |
Q4 2020 | 2020-08-06 | 0.80 | 0.80 |
2016-06-21 | Boost Price Target | RBC Capital | Outperform | $60.00 to $70.00 |
2016-06-21 | Boost Price Target | Royal Bank Of Canada | Outperform | $60.00 to $70.00 |
2016-05-25 | Upgrade | CIBC | Sector Perform to Outperform | |
2016-05-17 | Reiterated Rating | TD Securities | Buy | $60.00 to $63.00 |
2016-05-17 | Reiterated Rating | RBC Capital | Outperform | $74.00 to $77.50 |
2016-05-13 | Reiterated Rating | Credit Suisse | Hold | $49.00 |
2016-05-13 | Reiterated Rating | Credit Suisse Group AG | Hold | $49.00 |
2016-05-01 | Reiterated Rating | TD Securities | Buy | $58.00 to $60.00 |
2016-05-01 | Reiterated Rating | Barclays | Overweight | |
2016-05-01 | Reiterated Rating | Barclays PLC | Overweight | |
2016-04-28 | Boost Price Target | Benchmark Co. | Buy | $55.00 to $65.00 |
2016-04-28 | Reiterated Rating | BMO Capital Markets | Hold | |
2016-04-19 | Reiterated Rating | Credit Suisse | Hold | $47.00 |
2016-04-04 | Initiated Coverage | TD Securities | Buy | $58.00 |
2016-02-10 | Boost Price Target | BMO Capital Markets | Market Perform | $47.00 to $50.00 |
2016-02-10 | Boost Price Target | Barclays | Overweight | $55.00 to $56.00 |
2016-02-10 | Reiterated Rating | RBC Capital | Outperform | $55.00 to $57.00 |
2015-11-02 | Lower Price Target | BMO Capital Markets | Market Perform | $47.00 to $43.00 |
2015-10-29 | Boost Price Target | CIBC | Sector Performer | $48.50 to $51.00 |
2015-10-29 | Boost Price Target | Barclays | Overweight | $50.00 to $55.00 |
2015-10-26 | Boost Price Target | BMO Capital Markets | Market Perform | $43.00 to $47.00 |
2015-07-31 | Boost Price Target | Scotiabank | $49.00 to $52.00 | |
2015-07-30 | Upgrade | RBC Capital | Sector Perform to Outperform | $50.00 to $55.00 |
2015-07-28 | Lower Price Target | Barclays | Overweight | $56.00 to $50.00 |
2015-05-22 | Lower Price Target | Barclays | Overweight | $61.00 to $56.00 |
2015-05-21 | Lower Price Target | Susquehanna | Neutral | $48.00 to $44.00 |
2015-05-21 | Lower Price Target | RBC Capital | Sector Perform | $55.00 to $50.00 |
2015-05-21 | Lower Price Target | Benchmark Co. | Buy | $63.00 to $55.00 |
2015-04-29 | Reiterated Rating | Credit Suisse | Neutral | $60.00 to $51.00 |
2015-04-29 | Downgrade | CIBC | Outperform to Sector Perform | |
2015-04-29 | Lower Price Target | RBC Capital | Sector Perform | $60.00 to $55.00 |
2015-02-25 | Initiated Coverage | Dundee Securities | Buy | $68.00 |
2015-01-28 | Lower Price Target | Barclays | Overweight | $65.00 to $63.00 |
2015-01-28 | Downgrade | Credit Suisse | Outperform to Neutral | $65.00 to $60.00 |
2014-11-18 | Initiated Coverage | Barclays | Overweight | $65.00 |
2014-07-31 | Boost Price Target | TD Securities | Buy | C$57.50 to C$68.00 |
2014-07-31 | Upgrade | Credit Suisse | Neutral to Outperform | $61.00 to $65.00 |
2014-07-11 | Downgrade | RBC Capital | Outperform to Sector Perform | $60.00 to $55.00 |
2014-06-26 | Set Price Target | CIBC | $55.00 to $60.00 | |
2014-01-24 | Reiterated | The Benchmark Company | Buy | $95 to $125 |
2014-01-24 | Reiterated | RBC Capital Mkts | Outperform | $110 to $120 |
2014-01-24 | Boost Price Target | BMO Capital Markets | Market Perform | C$90.00 to C$98.00 |
2014-01-24 | Boost Price Target | TD Securities | Buy | C$100.00 to C$115.00 |
2014-01-24 | Boost Price Target | RBC Capital | Outperform | $110.00 to $120.00 |
2014-01-24 | Boost Price Target | Benchmark Co. | Buy | $95.00 to $125.00 |
2013-12-12 | Downgrade | Pi Financial | Buy to Neutral | |
2013-12-05 | Upgrade | Susquehanna | Negative to Neutral | $55.00 to $80.00 |
2013-11-22 | Reiterated | The Benchmark Company | Buy | $85 to $95 |
2013-11-22 | Boost Price Target | Benchmark Co. | Buy | $85.00 to $95.00 |
2013-11-21 | Reiterated | RBC Capital Mkts | Outperform | $85 to $90 |
2013-11-21 | Boost Price Target | RBC Capital | Outperform | $85.00 to $90.00 |
2013-11-06 | Boost Price Target | Scotiabank | Outperform | C$85.00 to C$97.00 |
2013-10-31 | Boost Price Target | TD Securities | Buy | C$80.00 to C$90.00 |
2013-10-31 | Reiterated Rating | BMO Capital Markets | Market Perform | $82.00 to $74.00 |
2013-09-23 | Reiterated Rating | CSFB | Underperform to Neutral | |
2013-09-23 | Upgrade | Credit Suisse | Underperform to Neutral | $61.00 to $75.00 |
2013-07-31 | Upgrade | The Benchmark Company | Hold to Buy | $85 |
2013-05-17 | Reiterated | RBC Capital Mkts | Outperform | $70 to $85 |
2013-04-22 | Reiterated | BMO Capital Markets | Market Perform | $62 to $60 |
2013-01-25 | Reiterated | BMO Capital Markets | Market Perform | $58 to $62 |
2013-01-22 | Reiterated | BMO Capital Markets | Market Perform | $55 to $58 |
2013-01-22 | Downgrade | Stifel Nicolaus | Buy to Hold | |
2012-09-06 | Reiterated | The Benchmark Company | Hold | $48 to $52 |
2012-05-01 | Downgrade | RBC Capital Mkts | Outperform to Sector Perform | $75 to $65 |
2012-02-02 | Upgrade | Stifel Nicolaus | Hold to Buy | $66 |
2011-09-23 | Upgrade | The Benchmark Company | Sell to Hold | |
2011-08-16 | Resumed | Morgan Keegan | Outperform | $64 |
2011-08-11 | Reiterated | The Benchmark Company | Sell | $56 to $52 |
2011-04-28 | Downgrade | The Benchmark Company | Hold to Sell | $56 |
2011-04-26 | Reiterated | Wedbush | Neutral | $55 to $65 |
2011-02-03 | Upgrade | RBC Capital Mkts | Sector Perform to Outperform | $55 to $65 |
2011-02-03 | Reiterated | Wedbush | Neutral | $48 to $55 |
2016-06-21 | Boost Price Target | RBC Capital | Outperform | $60.00 to $70.00 |
2016-06-21 | Boost Price Target | Royal Bank Of Canada | Outperform | $60.00 to $70.00 |
2016-05-25 | Upgrade | CIBC | Sector Perform to Outperform | |
2016-05-17 | Reiterated Rating | TD Securities | Buy | $60.00 to $63.00 |
2016-05-17 | Reiterated Rating | RBC Capital | Outperform | $74.00 to $77.50 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In OTEX 212 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
Jarislowsky, Fraser Ltd | 14.87M |
FMR LLC | 14.63M |
ROYAL BANK OF CANADA | 12.06M |
HARRIS ASSOCIATES L P | 11.87M |
MACKENZIE FINANCIAL CORP | 9.70M |
Vanguard Group, Inc | 9.46M |
Beutel, Goodman & Co Ltd. | 9.17M |
I.G. INVESTMENT MANAGEMENT, LTD. | 6.09M |
BANK OF MONTREAL /CAN/ | 4.49M |
FRANKLIN RESOURCES INC | 4.26M |
Turtle Creek Asset Management Inc. | 4.10M |
Invesco Ltd. | 3.78M |
COOKE & BIELER LP | 3.24M |
FIRST TRUST ADVISORS LP | 3.15M |
AMERICAN CENTURY COMPANIES INC | 2.96M |