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.
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.
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.
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.
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.
Summary
Cadence Design Systems beats Tyler Technologies on 9 of the 17 factors compared between the two stocks.
Get Tyler Technologies News Delivered to You Automatically
Sign up to receive the latest news and ratings for TYL and its competitors with MarketBeat's FREE daily newsletter.
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.
Skip ChartMedia 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.
Skip Chart
Tyler Technologies Competitors List
Related Companies and Tools
This page (NYSE:TYL) was last updated on 2/21/2025 by MarketBeat.com Staff