Tyler Technologies Stock Today
TYL Stock | USD 419.00 0.56 0.13% |
Performance0 of 100
| Odds Of DistressLess than 1
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Tyler Technologies is selling for 419.00 as of the 25th of April 2024. This is a 0.13% increase since the beginning of the trading day. The stock's lowest day price was 415.24. Tyler Technologies has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Tyler Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 30th of December 1987 | Category Technology | Classification Information Technology |
Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector. Tyler Technologies, Inc. was founded in 1966 and is headquartered in Plano, Texas. Tyler Technologies operates under SoftwareApplication classification in the United States and is traded on New York Stock Exchange. The company has 42.44 M outstanding shares of which 850.41 K shares are at this time shorted by investors with about 3.8 days to cover. More on Tyler Technologies
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Tyler Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Tyler Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tyler Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEO | H Moore | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Application Software, Software - Application, Information Technology, NYSE Composite, SP 500 Index, Information Technology, Software, Software—Application, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average Analyst Recommendation Analysts covering Tyler Technologies report their recommendations after researching Tyler Technologies' financial statements, talking to executives and customers, or listening in on Tyler Technologies' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Tyler Technologies. The Tyler consensus assessment is calculated by taking the average forecast from all of the analysts covering Tyler Technologies. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength Based on the key indicators related to Tyler Technologies' liquidity, profitability, solvency, and operating efficiency, Tyler Technologies is performing exceptionally good at the present time. It has a great chance to report excellent financial results in May. Financial strength of Tyler Technologies is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Tyler Technologies' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Tyler Technologies' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Tyler Technologies' financial leverage. It provides some insight into what part of Tyler Technologies' total assets is financed by creditors.
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Tyler Technologies (TYL) is traded on New York Stock Exchange in USA. It is located in 5101 Tennyson Parkway, Plano, TX, United States, 75024 and employs 7,300 people. Tyler Technologies is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 17.76 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tyler Technologies's market, we take the total number of its shares issued and multiply it by Tyler Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Tyler Technologies runs under Software sector within Information Technology industry. The entity has 42.44 M outstanding shares of which 850.41 K shares are at this time shorted by investors with about 3.8 days to cover.
Tyler Technologies has about 173.86 M in cash with 380.44 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.42.
Check Tyler Technologies Probability Of Bankruptcy
Ownership AllocationTyler Technologies maintains a total of 42.44 Million outstanding shares. The majority of Tyler Technologies outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Tyler Technologies to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Tyler Technologies. Please pay attention to any change in the institutional holdings of Tyler Technologies as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Tyler Ownership Details
Tyler Stock Price Odds Analysis
Proceeding from a normal probability distribution, the odds of Tyler Technologies jumping above the current price in 90 days from now is about 70.89%. The Tyler Technologies probability density function shows the probability of Tyler Technologies stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.0094. This usually implies Tyler Technologies market returns are very sensitive to returns on the market. As the market goes up or down, Tyler Technologies is expected to follow. Additionally, tyler Technologies has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Tyler Technologies to move above the current price in 90 days from now is about 70.89 (This Tyler Technologies probability density function shows the probability of Tyler Stock to fall within a particular range of prices over 90 days) .
Tyler Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Tyler Technologies that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Tyler Technologies' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Tyler Technologies' value.Instituion | Recorded On | Shares | |
Artisan Partners Limited Partnership | 2023-12-31 | 882.3 K | |
Massachusetts Financial Services Company | 2023-12-31 | 873 K | |
Van Eck Associates Corporation | 2023-12-31 | 868 K | |
Alliancebernstein L.p. | 2023-12-31 | 710.1 K | |
Brown Capital Management, Llc | 2023-12-31 | 629.2 K | |
Holocene Advisors, Lp | 2023-09-30 | 621.9 K | |
Ownership Capital Bv | 2023-12-31 | 615.7 K | |
Macquarie Group Ltd | 2023-12-31 | 490 K | |
Goldman Sachs Group Inc | 2023-12-31 | 475.4 K | |
Vanguard Group Inc | 2023-12-31 | 5 M | |
Blackrock Inc | 2023-12-31 | 3.2 M |
Tyler Technologies Historical Income Statement
Tyler Technologies Income Statement is one of the three primary financial statements used for reporting Tyler's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Tyler Technologies revenue and expense. Tyler Technologies Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Tyler Technologies' EBIT is quite stable compared to the past year. EBITDA is expected to rise to about 408.8 M this year, although the value of Net Income From Continuing Ops will most likely fall to about 125 M. View More FundamentalsTyler Stock Against Markets
Picking the right benchmark for Tyler Technologies stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Tyler Technologies stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Tyler Technologies is critical whether you are bullish or bearish towards Tyler Technologies at a given time. Please also check how Tyler Technologies' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Tyler Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Tyler Technologies Corporate Directors
Tyler Technologies corporate directors refer to members of a Tyler Technologies board of directors. The board of directors generally takes responsibility for the Tyler Technologies' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Tyler Technologies' board members must vote for the resolution. The Tyler Technologies board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.Donald Brattain | Lead Independent Director | Profile | |
Glenn Carter | Lead Independent Director | Profile | |
Larry Leinweber | Director | Profile | |
Brenda Cline | Independent Director | Profile |
How to buy Tyler Stock?
Before investing in Tyler Technologies, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Tyler Technologies. To buy Tyler Technologies stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Tyler Technologies. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Tyler Technologies stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Tyler Technologies stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Tyler Technologies stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Tyler Technologies, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. 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. For more information on how to buy Tyler Stock please use our How to Invest in Tyler Technologies guide.
Already Invested in Tyler Technologies?
The danger of trading Tyler Technologies is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Tyler Technologies is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Tyler Technologies. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Tyler Technologies is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Tyler Technologies is a strong investment it is important to analyze Tyler Technologies' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tyler Technologies' future performance. For an informed investment choice regarding Tyler Stock, refer to the following important reports: 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 tightly coupled 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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Tyler Stock analysis
When running Tyler Technologies' price analysis, check to measure Tyler Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tyler Technologies is operating at the current time. Most of Tyler Technologies' value examination focuses on studying past and present price action to predict the probability of Tyler Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tyler Technologies' price. Additionally, you may evaluate how the addition of Tyler Technologies to your portfolios can decrease your overall portfolio volatility.
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Is Tyler Technologies' industry 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 0.248 | Earnings Share 3.89 | Revenue Per Share 46.444 | Quarterly Revenue Growth 0.063 | Return On Assets 0.0292 |
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.
Please note, there is a significant difference between Tyler Technologies' value and its price as these two are different measures arrived at by different 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.