Open Text Corp Stock Net Income

OTEX Stock  USD 30.28  0.83  2.82%   
Open Text Corp fundamentals help investors to digest information that contributes to Open Text's financial success or failures. It also enables traders to predict the movement of Open Stock. The fundamental analysis module provides a way to measure Open Text's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Open Text stock.
Last ReportedProjected for Next Year
Net Income465.3 M488.5 M
Net Income Applicable To Common Shares172.9 M189.2 M
Net Income From Continuing Ops465.3 M317.8 M
Net Income Per Share 1.71  1.80 
Net Income Per E B T 0.64  1.02 
At this time, Open Text's Net Income is fairly stable compared to the past year. Net Income Applicable To Common Shares is likely to rise to about 189.2 M in 2024, whereas Net Income From Continuing Ops is likely to drop slightly above 317.8 M in 2024.
  
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Open Text Corp Company Net Income Analysis

Open Text's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Open Text Net Income

    
  465.28 M  
Most of Open Text's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Open Text Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Open Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Open Text is extremely important. It helps to project a fair market value of Open Stock properly, considering its historical fundamentals such as Net Income. Since Open Text's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Open Text's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Open Text's interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Open Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

(66.14 Million)

Open Text reported Accumulated Other Comprehensive Income of (69.62 Million) in 2023
Based on the recorded statements, Open Text Corp reported net income of 465.28 M. This is 13.67% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The net income for all United States stocks is 18.51% higher than that of the company.

Open Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Open Text's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Open Text could also be used in its relative valuation, which is a method of valuing Open Text by comparing valuation metrics of similar companies.
Open Text is currently under evaluation in net income category among its peers.

Open Text ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Open Text's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Open Text's managers, analysts, and investors.
Environmental
Governance
Social

Open Text Institutional Holders

Institutional Holdings refers to the ownership stake in Open Text that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Open Text's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Open Text's value.
Shares
Bank Of Montreal2024-06-30
4.4 M
Bmo Capital Markets Corp.2024-06-30
4.4 M
Letko, Brosseau & Associates Inc.2024-09-30
4.3 M
Guardian Capital Inc2024-09-30
3.9 M
Brandes Investment Partners & Co2024-09-30
3.5 M
Norges Bank2024-06-30
3.3 M
Morgan Stanley - Brokerage Accounts2024-06-30
3.3 M
Amvescap Plc.2024-06-30
3.2 M
Clearbridge Advisors, Llc2024-09-30
2.9 M
Jarislowsky Fraser Ltd2024-09-30
16.6 M
Royal Bank Of Canada2024-06-30
13.6 M

Open Fundamentals

About Open Text Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Open Text Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Open Text using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Open Text Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Open Stock Analysis

When running Open Text's price analysis, check to measure Open Text's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Open Text is operating at the current time. Most of Open Text's value examination focuses on studying past and present price action to predict the probability of Open Text's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Open Text's price. Additionally, you may evaluate how the addition of Open Text to your portfolios can decrease your overall portfolio volatility.