Tyler Technologies, Inc. (NYSE:TYL) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Tyler Technologies, Inc. (NYSE:TYL) have been assigned an average rating of “Moderate Buy” from the eighteen ratings firms that are presently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, thirteen have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $456.7222.

A number of equities analysts have recently commented on TYL shares. Barclays lifted their price target on shares of Tyler Technologies from $420.00 to $425.00 and gave the stock an “overweight” rating in a report on Wednesday, June 10th. Zacks Research raised Tyler Technologies from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. DA Davidson reaffirmed a “buy” rating and set a $460.00 price objective on shares of Tyler Technologies in a research report on Wednesday, June 10th. Cantor Fitzgerald lifted their price objective on shares of Tyler Technologies from $325.00 to $360.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Finally, TD Cowen cut their target price on shares of Tyler Technologies from $450.00 to $400.00 and set a “buy” rating on the stock in a research note on Monday, July 27th.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of Tyler Technologies during the fourth quarter worth about $921,035,000. Van ECK Associates Corp lifted its position in Tyler Technologies by 43.2% in the 4th quarter. Van ECK Associates Corp now owns 1,217,306 shares of the technology company’s stock valued at $552,596,000 after acquiring an additional 367,203 shares in the last quarter. Principal Financial Group Inc. boosted its stake in Tyler Technologies by 20.1% during the 1st quarter. Principal Financial Group Inc. now owns 1,745,625 shares of the technology company’s stock valued at $597,681,000 after purchasing an additional 291,564 shares during the last quarter. Wellington Management Group LLP increased its holdings in Tyler Technologies by 72.5% during the 3rd quarter. Wellington Management Group LLP now owns 600,776 shares of the technology company’s stock worth $314,302,000 after purchasing an additional 252,488 shares in the last quarter. Finally, Impax Asset Management Group plc purchased a new position in shares of Tyler Technologies during the fourth quarter valued at approximately $106,740,000. 93.30% of the stock is owned by institutional investors and hedge funds.

Tyler Technologies Stock Down 2.3%

Shares of TYL opened at $306.14 on Thursday. Tyler Technologies has a 52 week low of $270.71 and a 52 week high of $621.34. The stock has a market capitalization of $12.54 billion, a price-to-earnings ratio of 40.60, a PEG ratio of 2.06 and a beta of 0.81. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.55 and a current ratio of 1.55. The stock has a fifty day moving average of $304.62 and a 200-day moving average of $330.81.

Tyler Technologies (NYSE:TYL) last released its quarterly earnings data on Wednesday, July 29th. The technology company reported $3.08 earnings per share for the quarter, beating the consensus estimate of $3.05 by $0.03. Tyler Technologies had a return on equity of 11.15% and a net margin of 13.36%.The company had revenue of $645.10 million for the quarter, compared to the consensus estimate of $647.95 million. During the same quarter last year, the business posted $2.91 EPS. Tyler Technologies’s revenue for the quarter was up 8.2% on a year-over-year basis. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. As a group, sell-side analysts anticipate that Tyler Technologies will post 10.12 earnings per share for the current fiscal year.

About Tyler Technologies

Tyler Technologies, Inc is a provider of software and technology services for the public sector, delivering integrated systems that help government and public agencies manage operations, finances and citizen services. Headquartered in Plano, Texas, the company focuses on developing and implementing solutions for local and state governments, school districts, courts and public safety organizations. Its offerings are aimed at modernizing administrative workflows, improving transparency and enabling digital interactions between governments and the communities they serve.

Tyler’s product portfolio spans enterprise resource planning and financial management, tax and billing systems, court case and records management, public safety solutions (including computer-aided dispatch and records management), land and property management, permitting and licensing, and enterprise asset management.