Tyler Technologies (NYSE: TYL) is one of 121 public companies in the “Software” industry, but how does it weigh in compared to its rivals? We will compare Tyler Technologies to similar businesses based on the strength of its risk, earnings, analyst recommendations, dividends, institutional ownership, valuation and profitability.
Insider & Institutional Ownership
90.5% of Tyler Technologies shares are held by institutional investors. Comparatively, 57.8% of shares of all “Software” companies are held by institutional investors. 10.3% of Tyler Technologies shares are held by company insiders. Comparatively, 19.3% of shares of all “Software” companies are held 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.
Volatility and Risk
Tyler Technologies has a beta of 0.99, meaning that its share price is 1% less volatile than the S&P 500. Comparatively, Tyler Technologies’ rivals have a beta of 1.01, meaning that their average share price is 1% more volatile than the S&P 500.
This table compares Tyler Technologies and its rivals’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Tyler Technologies Competitors||-44.27%||-25.70%||-9.51%|
This is a breakdown of recent recommendations for Tyler Technologies and its rivals, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Tyler Technologies Competitors||277||2080||4392||86||2.63|
Tyler Technologies currently has a consensus price target of $192.29, suggesting a potential upside of 8.46%. As a group, “Software” companies have a potential upside of 1.52%. Given Tyler Technologies’ stronger consensus rating and higher possible upside, research analysts clearly believe Tyler Technologies is more favorable than its rivals.
Valuation & Earnings
This table compares Tyler Technologies and its rivals gross revenue, earnings per share (EPS) and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Tyler Technologies||$796.44 million||$175.52 million||51.99|
|Tyler Technologies Competitors||$1.52 billion||$446.84 million||12.26|
Tyler Technologies’ rivals have higher revenue and earnings than Tyler Technologies. Tyler Technologies is trading at a higher price-to-earnings ratio than its rivals, indicating that it is currently more expensive than other companies in its industry.
Tyler Technologies beats its rivals 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.
What are top analysts saying about Tyler Technologies Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Tyler Technologies Inc. and related companies.