Tyler Technologies (TYL) & Its Rivals Financial Contrast

Tyler Technologies (NYSE: TYL) is one of 117 publicly-traded companies in the “Software” industry, but how does it contrast to its competitors? We will compare Tyler Technologies to related businesses based on the strength of its dividends, risk, institutional ownership, earnings, analyst recommendations, profitability and valuation.

Valuation & Earnings

This table compares Tyler Technologies and its competitors gross revenue, earnings per share (EPS) and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
Tyler Technologies $756.04 million $109.85 million 43.93
Tyler Technologies Competitors $2.28 billion $423.93 million 356.22

Tyler Technologies’ competitors have higher revenue and earnings than Tyler Technologies. Tyler Technologies is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Analyst Recommendations

This is a breakdown of current recommendations for Tyler Technologies and its competitors, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tyler Technologies 0 1 6 0 2.86
Tyler Technologies Competitors 282 2090 4368 86 2.62

Tyler Technologies currently has a consensus target price of $192.29, indicating a potential upside of 12.52%. As a group, “Software” companies have a potential upside of 1.80%. Given Tyler Technologies’ stronger consensus rating and higher probable upside, analysts plainly believe Tyler Technologies is more favorable than its competitors.

Volatility & Risk

Tyler Technologies has a beta of 0.98, meaning that its stock price is 2% less volatile than the S&P 500. Comparatively, Tyler Technologies’ competitors have a beta of 0.92, meaning that their average stock price is 8% less volatile than the S&P 500.

Profitability

This table compares Tyler Technologies and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Tyler Technologies 16.34% 12.81% 9.03%
Tyler Technologies Competitors -45.84% -27.42% -9.69%

Insider & Institutional Ownership

90.8% of Tyler Technologies shares are owned by institutional investors. Comparatively, 60.5% of shares of all “Software” companies are owned by institutional investors. 10.3% of Tyler Technologies shares are owned by company insiders. Comparatively, 17.8% of shares of all “Software” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Summary

Tyler Technologies beats its competitors on 8 of the 13 factors compared.

Tyler Technologies Company Profile

Tyler Technologies, Inc. is a provider of information management solutions and services for the public sector, with a focus on local governments. The Company operates through two segments: Enterprise Software (ES) segment and The Appraisal and Tax (A&T) segment. ES segment provides municipal and county governments and schools with software systems and services for information technology and automation needs that includes back-office functions, such as financial management, courts and justice processes, public safety, planning regulatory and maintenance, and land and vital records management. A&T segment provides systems and software that automate the appraisal and assessment of real and personal property, as well as property appraisal outsourcing services for local governments and taxing authorities.

Receive News & Ratings for Tyler Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tyler Technologies Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply