Is Tyler Technologies Stock a Good Investment?
Tyler Technologies Investment Advice | TYL |
- Examine Tyler Technologies' financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Tyler Technologies' leadership team and their track record. Good management can help Tyler Technologies navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Application Software space and any emerging trends that could impact Tyler Technologies' business and its evolving consumer preferences.
- Compare Tyler Technologies' performance and market position to its competitors. Analyze how Tyler Technologies is positioned in terms of product offerings, innovation, and market share.
- Check if Tyler Technologies pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Tyler Technologies' stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Tyler Technologies stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Tyler Technologies is a good investment.
Sell | Buy |
Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Very Small | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Tyler Technologies Stock
Researching Tyler Technologies' stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 94.0% of the company shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.88. Tyler Technologies recorded earning per share (EPS) of 5.46. The entity last dividend was issued on the 31st of January 1990. The firm had 3:1 split on the 15th of May 1990.
To determine if Tyler Technologies is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Tyler Technologies' research are outlined below:
| Tyler Technologies is unlikely to experience financial distress in the next 2 years | |
| Over 94.0% of the company shares are owned by institutional investors | |
| Latest headline from investing.com: Tyler Technologies executive chair Marr sells 7.36 million in stock |
Tyler Technologies Quarterly Good Will |
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Tyler Technologies uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Tyler Technologies. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Tyler Technologies' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 14th of February 2024 Upcoming Quarterly Report | View | |
| 24th of April 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 14th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Tyler Technologies' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Tyler Technologies' investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2002-03-06 | 2001-12-31 | 0.01 | 0.0042 | -0.0058 | 58 | ||
2008-04-23 | 2008-03-31 | 0.09 | 0.08 | -0.01 | 11 | ||
2007-02-28 | 2006-12-31 | 0.09 | 0.1 | 0.01 | 11 | ||
2006-03-01 | 2005-12-31 | 0.06 | 0.07 | 0.01 | 16 | ||
2005-03-09 | 2004-12-31 | 0.06 | 0.07 | 0.01 | 16 | ||
2004-07-28 | 2004-06-30 | 0.06 | 0.07 | 0.01 | 16 | ||
2004-02-25 | 2003-12-31 | 0.07 | 0.08 | 0.01 | 14 | ||
2003-10-29 | 2003-09-30 | 0.06 | 0.07 | 0.01 | 16 |
Know Tyler Technologies' Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Tyler Technologies is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Tyler Technologies backward and forwards among themselves. Tyler Technologies' institutional investor refers to the entity that pools money to purchase Tyler Technologies' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Massachusetts Financial Services Company | 2024-09-30 | 904.2 K | Norges Bank | 2024-06-30 | 895.1 K | Hhg Plc | 2024-06-30 | 600.4 K | Van Eck Associates Corporation | 2024-06-30 | 481.5 K | Blair William & Co | 2024-06-30 | 460.7 K | Swedbank Ab | 2024-09-30 | 452 K | Northern Trust Corp | 2024-09-30 | 436.7 K | Macquarie Group Ltd | 2024-06-30 | 424.7 K | Goldman Sachs Group Inc | 2024-06-30 | 404.7 K | Vanguard Group Inc | 2024-09-30 | 5.2 M | Blackrock Inc | 2024-06-30 | 3.2 M |
Tyler Technologies' market capitalization trends
The company currently falls under 'Large-Cap' category with a total capitalization of 27.19 B.Market Cap |
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Tyler Technologies' profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.14 | 0.15 | |
| Return On Capital Employed | 0.06 | 0.08 | |
| Return On Assets | 0.04 | 0.04 | |
| Return On Equity | 0.06 | 0.06 |
Determining Tyler Technologies' profitability involves analyzing its financial statements and using various financial metrics to determine if Tyler Technologies is a good buy. For example, gross profit margin measures Tyler Technologies' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Tyler Technologies' profitability and make more informed investment decisions.
Evaluate Tyler Technologies' management efficiency
Tyler Technologies has Return on Asset of 0.0358 % which means that on every $100 spent on assets, it made $0.0358 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0773 %, implying that it generated $0.0773 on every 100 dollars invested. Tyler Technologies' management efficiency ratios could be used to measure how well Tyler Technologies manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to 0.15 this year. Return On Capital Employed is expected to rise to 0.08 this year. At this time, Tyler Technologies' Intangible Assets are quite stable compared to the past year. Return On Tangible Assets is expected to rise to 0.15 this year, although the value of Net Tangible Assets are projected to rise to (782.6 M).| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 69.91 | 73.41 | |
| Tangible Book Value Per Share | (14.04) | (13.34) | |
| Enterprise Value Over EBITDA | 46.11 | 48.41 | |
| Price Book Value Ratio | 5.98 | 3.52 | |
| Enterprise Value Multiple | 46.11 | 48.41 | |
| Price Fair Value | 5.98 | 3.52 | |
| Enterprise Value | 12.8 B | 13.5 B |
The strategic vision of Tyler Technologies management plays a critical role in its financial performance. By evaluating this vision, we provide insights into the stock's growth potential.
Beta 0.771 |
Basic technical analysis of Tyler Stock
As of the 28th of November, Tyler Technologies has the Risk Adjusted Performance of 0.1096, coefficient of variation of 721.74, and Semi Deviation of 0.7768. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of Tyler Technologies, as well as the relationship between them. Please validate Tyler Technologies standard deviation, value at risk, as well as the relationship between the Value At Risk and kurtosis to decide if Tyler Technologies is priced more or less accurately, providing market reflects its prevalent price of 630.44 per share. Given that Tyler Technologies has jensen alpha of 0.1284, we advise you to double-check Tyler Technologies's current market performance to make sure the company can sustain itself at a future point.Tyler Technologies' insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Tyler Technologies insiders, such as employees or executives, is commonly permitted as long as it does not rely on Tyler Technologies' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Tyler Technologies insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Tyler Technologies' Outstanding Corporate Bonds
Tyler Technologies issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Tyler Technologies uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Tyler bonds can be classified according to their maturity, which is the date when Tyler Technologies has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View |
Understand Tyler Technologies' technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Tyler Technologies' various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1096 | |||
| Market Risk Adjusted Performance | 0.675 | |||
| Mean Deviation | 0.9025 | |||
| Semi Deviation | 0.7768 | |||
| Downside Deviation | 0.9461 | |||
| Coefficient Of Variation | 721.74 | |||
| Standard Deviation | 1.2 | |||
| Variance | 1.45 | |||
| Information Ratio | 0.0302 | |||
| Jensen Alpha | 0.1284 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0385 | |||
| Treynor Ratio | 0.665 | |||
| Maximum Drawdown | 7.85 | |||
| Value At Risk | (1.56) | |||
| Potential Upside | 2.01 | |||
| Downside Variance | 0.8951 | |||
| Semi Variance | 0.6034 | |||
| Expected Short fall | (1.08) | |||
| Skewness | 0.9319 | |||
| Kurtosis | 3.26 |
| Risk Adjusted Performance | 0.1096 | |||
| Market Risk Adjusted Performance | 0.675 | |||
| Mean Deviation | 0.9025 | |||
| Semi Deviation | 0.7768 | |||
| Downside Deviation | 0.9461 | |||
| Coefficient Of Variation | 721.74 | |||
| Standard Deviation | 1.2 | |||
| Variance | 1.45 | |||
| Information Ratio | 0.0302 | |||
| Jensen Alpha | 0.1284 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0385 | |||
| Treynor Ratio | 0.665 | |||
| Maximum Drawdown | 7.85 | |||
| Value At Risk | (1.56) | |||
| Potential Upside | 2.01 | |||
| Downside Variance | 0.8951 | |||
| Semi Variance | 0.6034 | |||
| Expected Short fall | (1.08) | |||
| Skewness | 0.9319 | |||
| Kurtosis | 3.26 |
Consider Tyler Technologies' intraday indicators
Tyler Technologies intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Tyler Technologies stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 630.44 | |||
| Day Typical Price | 630.44 | |||
| Price Action Indicator | (2.37) | |||
| Period Momentum Indicator | (4.75) |
Tyler Technologies Corporate Filings
F4 | 26th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
8K | 23rd of October 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 2nd of August 2024 Other Reports | ViewVerify |
Tyler Stock media impact
Far too much social signal, news, headlines, and media speculation about Tyler Technologies that are available to investors today. That information is available publicly through Tyler media outlets and privately through word of mouth or via Tyler internal channels. However, regardless of the origin, that massive amount of Tyler data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Tyler Technologies news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Tyler Technologies relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Tyler Technologies' headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Tyler Technologies alpha.
Tyler Technologies Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Tyler Technologies can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Tyler Technologies Historical Investor Sentiment
Investor biases related to Tyler Technologies' public news can be used to forecast risks associated with an investment in Tyler. The trend in average sentiment can be used to explain how an investor holding Tyler can time the market purely based on public headlines and social activities around Tyler Technologies. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Tyler Technologies' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Tyler Technologies and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Tyler Technologies news discussions. The higher the estimate score, the more favorable the investor's outlook on Tyler Technologies.
Tyler Technologies Corporate Directors
| Donald Brattain | Lead Independent Director | Profile | |
| Glenn Carter | Lead Independent Director | Profile | |
| Daniel Pope | Independent Director | Profile | |
| Brenda Cline | Independent Director | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tyler Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing. For more information on how to buy Tyler Stock please use our How to buy in Tyler Stock guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tyler Technologies. If investors know Tyler will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tyler Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.582 | Earnings Share 5.46 | Revenue Per Share 48.923 | Quarterly Revenue Growth 0.098 | Return On Assets 0.0358 |
The market value of Tyler Technologies is measured differently than its book value, which is the value of Tyler that is recorded on the company's balance sheet. Investors also form their own opinion of Tyler Technologies' value that differs from its market value or its book value, called intrinsic value, which is Tyler Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tyler Technologies' market value can be influenced by many factors that don't directly affect Tyler Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Tyler Technologies' value and its price, as these two are different measures arrived at by various means. Investors typically determine if Tyler Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tyler Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.