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Tyler Technologies (TYL) Competitors

Tyler Technologies logo
$620.40 -9.69 (-1.54%)
As of 01:24 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

TYL vs. CDNS, MSTR, SNPS, WDAY, ADSK, FICO, ANSS, SSNC, GWRE, and FDS

Should you be buying Tyler Technologies stock or one of its competitors? The main competitors of Tyler Technologies include Cadence Design Systems (CDNS), MicroStrategy (MSTR), Synopsys (SNPS), Workday (WDAY), Autodesk (ADSK), Fair Isaac (FICO), ANSYS (ANSS), SS&C Technologies (SSNC), Guidewire Software (GWRE), and FactSet Research Systems (FDS). These companies are all part of the "application software" industry.

Tyler Technologies vs.

Cadence Design Systems (NASDAQ:CDNS) and Tyler Technologies (NYSE:TYL) are both large-cap computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, community ranking, dividends, valuation, institutional ownership, earnings, media sentiment, profitability and risk.

84.9% of Cadence Design Systems shares are owned by institutional investors. Comparatively, 93.3% of Tyler Technologies shares are owned by institutional investors. 2.0% of Cadence Design Systems shares are owned by company insiders. Comparatively, 2.2% of Tyler Technologies shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Cadence Design Systems has a beta of 1.03, indicating that its share price is 3% more volatile than the S&P 500. Comparatively, Tyler Technologies has a beta of 0.78, indicating that its share price is 22% less volatile than the S&P 500.

Cadence Design Systems presently has a consensus price target of $326.92, suggesting a potential upside of 20.91%. Tyler Technologies has a consensus price target of $676.25, suggesting a potential upside of 7.66%. Given Cadence Design Systems' higher possible upside, equities analysts plainly believe Cadence Design Systems is more favorable than Tyler Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cadence Design Systems
1 Sell rating(s)
1 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.75
Tyler Technologies
0 Sell rating(s)
3 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.77

Cadence Design Systems has a net margin of 22.74% compared to Tyler Technologies' net margin of 12.30%. Cadence Design Systems' return on equity of 29.24% beat Tyler Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
Cadence Design Systems22.74% 29.24% 16.05%
Tyler Technologies 12.30%10.15%6.63%

In the previous week, Cadence Design Systems had 29 more articles in the media than Tyler Technologies. MarketBeat recorded 75 mentions for Cadence Design Systems and 46 mentions for Tyler Technologies. Tyler Technologies' average media sentiment score of 0.96 beat Cadence Design Systems' score of 0.75 indicating that Tyler Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cadence Design Systems
35 Very Positive mention(s)
8 Positive mention(s)
20 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive
Tyler Technologies
23 Very Positive mention(s)
2 Positive mention(s)
12 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Tyler Technologies received 72 more outperform votes than Cadence Design Systems when rated by MarketBeat users. Likewise, 74.75% of users gave Tyler Technologies an outperform vote while only 71.27% of users gave Cadence Design Systems an outperform vote.

CompanyUnderperformOutperform
Cadence Design SystemsOutperform Votes
588
71.27%
Underperform Votes
237
28.73%
Tyler TechnologiesOutperform Votes
660
74.75%
Underperform Votes
223
25.25%

Cadence Design Systems has higher revenue and earnings than Tyler Technologies. Cadence Design Systems is trading at a lower price-to-earnings ratio than Tyler Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cadence Design Systems$4.64B15.98$1.04B$3.8670.05
Tyler Technologies$2.14B12.58$263.03M$6.06103.65

Summary

Cadence Design Systems beats Tyler Technologies on 9 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TYL vs. The Competition

MetricTyler TechnologiesPrepackaged software IndustryComputer SectorNYSE Exchange
Market Cap$27.59B$25.87B$26.96B$20.49B
Dividend YieldN/A1.80%2.75%3.65%
P/E Ratio103.6579.1937.0729.27
Price / Sales12.5812.372,564.4516.18
Price / Cash58.3488.5735.6120.85
Price / Book7.939.887.024.99
Net Income$263.03M$435.90M$731.84M$1.02B
7 Day Performance-2.22%-1.91%-0.74%0.77%
1 Month Performance7.43%4.20%1.32%0.45%
1 Year Performance45.16%28.21%22.24%16.41%

Tyler Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TYL
Tyler Technologies
4.0657 of 5 stars
$620.41
-1.5%
$676.25
+9.0%
+44.1%$26.58B$2.14B102.497,300Analyst Forecast
CDNS
Cadence Design Systems
4.7132 of 5 stars
$295.19
-0.3%
$326.08
+10.5%
-7.4%$80.96B$4.09B77.4811,200Earnings Report
Analyst Forecast
MSTR
MicroStrategy
4.6625 of 5 stars
$337.73
+3.9%
$536.90
+59.0%
+359.5%$80.94B$463.46M-59.961,934
SNPS
Synopsys
4.9306 of 5 stars
$522.53
-1.1%
$641.82
+22.8%
-9.9%$80.77B$6.13B35.9920,000Upcoming Earnings
Positive News
WDAY
Workday
4.7477 of 5 stars
$258.05
-0.8%
$292.43
+13.3%
-13.4%$68.64B$7.26B42.7918,800Upcoming Earnings
Analyst Downgrade
Analyst Revision
ADSK
Autodesk
4.5986 of 5 stars
$302.72
-0.3%
$333.77
+10.3%
+14.0%$65.08B$5.50B60.0614,100Upcoming Earnings
Analyst Forecast
Positive News
FICO
Fair Isaac
4.687 of 5 stars
$1,795.33
-0.4%
$2,078.15
+15.8%
+37.0%$43.84B$1.72B82.393,586Positive News
ANSS
ANSYS
2.6478 of 5 stars
$338.93
-0.1%
$346.67
+2.3%
+2.5%$29.64B$2.27B52.306,200Earnings Report
Analyst Forecast
News Coverage
SSNC
SS&C Technologies
4.7391 of 5 stars
$88.66
+0.1%
$97.50
+10.0%
+39.2%$21.96B$5.88B29.5526,000Insider Trade
Positive News
GWRE
Guidewire Software
4.0512 of 5 stars
$212.28
-2.0%
$204.50
-3.7%
+77.9%$17.73B$980.50M589.673,469Insider Trade
Options Volume
Positive News
FDS
FactSet Research Systems
4.5409 of 5 stars
$456.24
-0.7%
$453.23
-0.7%
+2.1%$17.35B$2.20B32.7112,398Positive News

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This page (NYSE:TYL) was last updated on 2/21/2025 by MarketBeat.com Staff
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