Open Text Corp (NASDAQ: OTEX) has reported E.P.S. of $0.87 for its second fiscal quarter (ending December 31) versus $0.14 for the same period a year ago — an increase of 521%. For the latest four quarters through December 31, E.P.S. were $2.46 versus $0.47 for the same period a year ago — an increase of 423%.
Recent Price Action
Open Text Corp (NASDAQ: OTEX) stock closed at $29.53 on 2/6/25 after a decline of -2.8%. Moreover, this decline was accompanied by unusually high trading volume at 177% of normal. The stock has performed in line with the market over the last nine months and has risen 1.0% during the last week.
Current PriceTarget Research Rating
Open Text has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Open Text has a neutral Power Rating of 55 but a good Appreciation Score of 74, triggering the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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