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NYSE:TYL

Tyler Technologies (TYL) Stock Price, News & Analysis

$581.16
-2.70 (-0.46%)
(As of 09/6/2024 ET)
Today's Range
$579.84
â–Ľ
$590.00
50-Day Range
$499.52
â–Ľ
$590.65
52-Week Range
$361.16
â–Ľ
$593.50
Volume
215,837 shs
Average Volume
167,813 shs
Market Capitalization
$24.80 billion
P/E Ratio
131.48
Dividend Yield
N/A
Price Target
$582.31

Tyler Technologies MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.79 Rating Score
Upside/​Downside
0.2% Upside
$582.31 Price Target
Short Interest
Healthy
1.47% of Shares Sold Short
Dividend Strength
N/A
Sustainability
-0.31
Upright™ Environmental Score
News Sentiment
0.91mentions of Tyler Technologies in the last 14 days
Based on 14 Articles This Week
Insider Trading
Selling Shares
$9.64 M Sold Last Quarter
Proj. Earnings Growth
16.50%
From $7.21 to $8.40 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.56 out of 5 stars

Computer And Technology Sector

71st out of 594 stocks

Prepackaged Software Industry

19th out of 202 stocks

TYL stock logo

About Tyler Technologies Stock (NYSE:TYL)

Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector. It operates in two segments, Enterprise Software and Platform Technologies. The company offers platform and transformative technology solutions, including cybersecurity for government agencies; data and insights solutions; digital solutions that helps workers and policymakers to share, communicate, and leverage data; payments solutions, such as billing, presentment, merchant onboarding, collections, reconciliation, and disbursements; platform technologies, an application development platform that enables government workers to build solutions and applications; and outdoor recreation solutions, including campsite reservations, activity registrations, licensing sales and renewals, and real-time data for conservation and park management. It also provides public administration solutions, such as civic services; financial applications with human resources, revenue management, tax billing, utilities, asset management, and payment processing; property and recording service that manages appraisal services, valuation, tax billing and collections, assessment administration, and land and official records; and permitting, licensing, and regulatory management solutions. In addition, the company offers courts and public safety solutions; school ERP and student transportation solutions for K-12 schools; and health and human services solutions. Further, the company offers software as a service arrangements and electronic document filing solutions for courts; software and hardware installation, data conversion, training, product modification, and maintenance and support services; and property appraisal outsourcing services for taxing jurisdictions. Tyler Technologies, Inc. has a strategic collaboration agreement with Amazon Web Services for cloud hosting services. The company was founded in 1966 and is headquartered in Plano, Texas.

TYL Stock Price History

TYL Stock News Headlines

You missed the class - here’s your second chance
It’s time to start your Weekend Side Hustle Right now, some of the HARDEST working folks are getting destroyed by inflation. And that’s left folks looking anywhere they can to generate extra income to cover the bills. It’s almost impossible to keep up with the ever rising costs of living anymore… Most folks think that the ONLY way to generate extra income is by picking up a second job at Costco… Or working overtime hours and late weekend nights. But with what I’m about to share…
Tyler Technologies, Inc. (TYL)
DoorDash Leads 5 Stocks Near Buy Points As Market Drops
You missed the class - here’s your second chance
It’s time to start your Weekend Side Hustle Right now, some of the HARDEST working folks are getting destroyed by inflation. And that’s left folks looking anywhere they can to generate extra income to cover the bills. It’s almost impossible to keep up with the ever rising costs of living anymore… Most folks think that the ONLY way to generate extra income is by picking up a second job at Costco… Or working overtime hours and late weekend nights. But with what I’m about to share…
How a Janky Software Took Over Local US Governments
See More Headlines
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Company Calendar

Last Earnings
7/24/2024
Today
9/07/2024
Next Earnings (Estimated)
11/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Application Software
CUSIP
90225210
Employees
7,300
Year Founded
1966

Price Target and Rating

Average Stock Price Target
$582.31
High Stock Price Target
$630.00
Low Stock Price Target
$525.00
Potential Upside/Downside
+0.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.79
Research Coverage
14 Analysts

Profitability

Net Income
$165.92 million
Pretax Margin
12.27%

Debt

Sales & Book Value

Annual Sales
$2.03 billion
Cash Flow
$9.83 per share
Book Value
$69.75 per share

Miscellaneous

Free Float
41,521,000
Market Cap
$24.67 billion
Optionable
Optionable
Beta
0.78

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Should I Buy Tyler Technologies Stock? TYL Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Tyler Technologies, Inc.:

  • Tyler Technologies, Inc. has consistently beaten analysts' earnings estimates, indicating strong financial performance.
  • Positive analyst ratings and price target upgrades suggest confidence in the company's future growth potential.
  • Recent insider selling activities could indicate that insiders believe the stock is currently overvalued, potentially signaling a good entry point for investors.
  • Strong revenue growth and a solid net margin demonstrate the company's ability to generate profits efficiently.
  • The stock's 50-day and 200-day simple moving averages show a positive trend, indicating potential price appreciation.

Cons

Investors should be bearish about investing in Tyler Technologies, Inc. for these reasons:

  • Despite positive analyst ratings, the stock's high P/E ratio of 117.94 may indicate an overvalued position in the market.
  • Insider selling activities could raise concerns about the company's future performance or growth prospects.
  • The company's P/E/G ratio of 4.97 suggests that the stock may be overpriced relative to its expected earnings growth rate.
  • Market volatility and economic uncertainties could impact the stock price, leading to potential short-term fluctuations.
  • Investors should carefully monitor any regulatory changes or legal issues that could affect Tyler Technologies' operations and financial performance.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, August 11, 2024. Please send any questions or comments about these Tyler Technologies pros and cons to contact@marketbeat.com.

TYL Stock Analysis - Frequently Asked Questions

How have TYL shares performed this year?

Tyler Technologies' stock was trading at $418.12 at the beginning of 2024. Since then, TYL stock has increased by 39.0% and is now trading at $581.16.
View the best growth stocks for 2024 here
.

How were Tyler Technologies' earnings last quarter?

Tyler Technologies, Inc. (NYSE:TYL) announced its earnings results on Wednesday, July, 24th. The technology company reported $2.40 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.34 by $0.06. The business's quarterly revenue was up 7.3% compared to the same quarter last year.
Read the conference call transcript
.

What is Lynn Moore Jr.'s approval rating as Tyler Technologies' CEO?

63 employees have rated Tyler Technologies Chief Executive Officer Lynn Moore Jr. on Glassdoor.com. Lynn Moore Jr. has an approval rating of 91% among the company's employees. This puts Lynn Moore Jr. in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Who are Tyler Technologies' major shareholders?

Tyler Technologies' top institutional shareholders include APG Asset Management N.V. (3.55%), Principal Financial Group Inc. (3.09%), Massachusetts Financial Services Co. MA (2.03%) and Swedbank AB (1.18%). Insiders that own company stock include H Lynn Moore Jr, Dustin R Womble, Brian K Miller, John S Marr Jr, Jeffrey David Puckett, Daniel M Pope, Glenn A Carter, Mary L Landrieu and Brenda A Cline.
View institutional ownership trends
.

How do I buy shares of Tyler Technologies?

Shares of TYL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Tyler Technologies own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Tyler Technologies investors own include NVIDIA (NVDA), Visa (V), Walt Disney (DIS), Verizon Communications (VZ), Alibaba Group (BABA), ServiceNow (NOW) and Advanced Micro Devices (AMD).

This page (NYSE:TYL) was last updated on 9/7/2024 by MarketBeat.com Staff

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