Open Text Corp Stock Shares Outstanding

OTEX Stock  USD 34.72  0.80  2.25%   
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.
Common Stock Shares Outstanding is likely to drop to about 237.1 M in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Open Text Corp Company Shares Outstanding Analysis

Open Text's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

 = 

Public Shares

-

Repurchased

More About Shares Outstanding | All Equity Analysis

Current Open Text Shares Outstanding

    
  267.64 M  
Most of Open Text's fundamental indicators, such as Shares Outstanding, 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 Shares Outstanding 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 Shares Outstanding. 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.
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Open Shares Outstanding Historical Pattern

Today, most investors in Open Text Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Open Text's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Open Text shares outstanding as a starting point in their analysis.
   Open Text Shares Outstanding   
       Timeline  
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Open Common Stock Shares Outstanding

Common Stock Shares Outstanding

237.11 Million

At this time, Open Text's Common Stock Shares Outstanding is fairly stable compared to the past year.
Based on the latest financial disclosure, Open Text Corp has 267.64 M of shares currently outstending. This is 40.92% higher than that of the Software sector and significantly higher than that of the Information Technology industry. The shares outstanding for all United States stocks is 53.19% higher than that of the company.

Open Shares Outstanding 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 Shares Outstanding 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 shares outstanding category among related companies.

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.
Environment Score
Governance Score
Social Score

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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When determining whether Open Text Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Open Text's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Open Text Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Open Text Corp Stock:
Check out Open Text Piotroski F Score and Open Text Altman Z Score analysis.
Note that the Open Text Corp information on this page should be used as a complementary analysis to other Open Text's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Complementary 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.
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Is Open Text's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Open Text. If investors know Open will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Open Text listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.85)
Dividend Share
0.986
Earnings Share
0.48
Revenue Per Share
21.019
Quarterly Revenue Growth
0.71
The market value of Open Text Corp is measured differently than its book value, which is the value of Open that is recorded on the company's balance sheet. Investors also form their own opinion of Open Text's value that differs from its market value or its book value, called intrinsic value, which is Open Text's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Open Text's market value can be influenced by many factors that don't directly affect Open Text's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Open Text's value and its price as these two are different measures arrived at by different means. Investors typically determine if Open Text is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Open Text's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.