Tyler Technologies (TYL) Competitors

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

Do analysts recommend TYL or CDNS?

Tyler Technologies presently has a consensus price target of $643.77, indicating a potential upside of 13.10%. Cadence Design Systems has a consensus price target of $329.50, indicating a potential upside of 7.82%. Given Tyler Technologies' higher possible upside, equities research analysts plainly believe Tyler Technologies is more favorable than Cadence Design Systems.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Tyler Technologies	0 Sell rating(s)	3 Hold rating(s)	11 Buy rating(s)	0 Strong Buy rating(s)	2.79
Cadence Design Systems	1 Sell rating(s)	1 Hold rating(s)	12 Buy rating(s)	0 Strong Buy rating(s)	2.79

Which has more volatility & risk, TYL or CDNS?

Tyler Technologies has a beta of 0.78, suggesting that its stock price is 22% less volatile than the S&P 500. Comparatively, Cadence Design Systems has a beta of 1.04, suggesting that its stock price is 4% more volatile than the S&P 500.

Does the MarketBeat Community believe in TYL or CDNS?

Tyler Technologies received 72 more outperform votes than Cadence Design Systems when rated by MarketBeat users. Likewise, 74.66% of users gave Tyler Technologies an outperform vote while only 71.24% of users gave Cadence Design Systems an outperform vote.

Company	Underperform	Outperform
Tyler Technologies	Outperform Votes 654 74.66%	Underperform Votes 222 25.34%
Cadence Design Systems	Outperform Votes 582 71.24%	Underperform Votes 235 28.76%

Which has better earnings and valuation, TYL or CDNS?

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.

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Tyler Technologies	$1.95B	12.48	$165.92M	$5.48	103.87
Cadence Design Systems	$4.09B	20.49	$1.04B	$3.81	80.21

Is TYL or CDNS more profitable?

Cadence Design Systems has a net margin of 23.87% compared to Tyler Technologies' net margin of 11.39%. Cadence Design Systems' return on equity of 28.49% beat Tyler Technologies' return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Tyler Technologies	11.39%	9.79%	6.34%
Cadence Design Systems	23.87%	28.49%	16.20%

Do insiders & institutionals believe in TYL or CDNS?

93.3% of Tyler Technologies shares are owned by institutional investors. Comparatively, 84.9% of Cadence Design Systems shares are owned by institutional investors. 1.5% of Tyler Technologies shares are owned by insiders. Comparatively, 0.6% of Cadence Design Systems shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Does the media prefer TYL or CDNS?

In the previous week, Cadence Design Systems had 19 more articles in the media than Tyler Technologies. MarketBeat recorded 27 mentions for Cadence Design Systems and 8 mentions for Tyler Technologies. Tyler Technologies' average media sentiment score of 1.65 beat Cadence Design Systems' score of 1.06 indicating that Tyler Technologies is being referred to more favorably in the media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Tyler Technologies	8 Very Positive mention(s)	0 Positive mention(s)	0 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Very Positive
Cadence Design Systems	18 Very Positive mention(s)	0 Positive mention(s)	6 Neutral mention(s)	0 Negative mention(s)	0 Very Negative mention(s)	Positive

Summary

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