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

Shares of Tyler Technologies, Inc. (NYSE:TYL) have received a consensus recommendation of “Moderate Buy” from the seventeen brokerages that are currently covering the firm, MarketBeat reports. One analyst has rated the stock with a sell rating, two have given a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $456.7222.

A number of brokerages have commented on TYL. Cantor Fitzgerald upped their price objective on Tyler Technologies from $325.00 to $360.00 and gave the company a “neutral” rating in a report on Friday, May 1st. UBS Group set a $395.00 target price on Tyler Technologies in a report on Saturday. Barclays boosted their target price on shares of Tyler Technologies from $420.00 to $425.00 and gave the company an “overweight” rating in a research report on Wednesday, June 10th. Robert W. Baird set a $455.00 price target on shares of Tyler Technologies in a research note on Friday, May 1st. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Tyler Technologies in a research report on Tuesday, July 21st.

Tyler Technologies Trading Down 1.4%

Shares of TYL stock opened at $305.18 on Thursday. Tyler Technologies has a 12-month low of $270.71 and a 12-month high of $621.34. The company has a market capitalization of $12.50 billion, a PE ratio of 40.47, a price-to-earnings-growth ratio of 2.05 and a beta of 0.81. The firm has a 50 day moving average price of $304.43 and a two-hundred day moving average price of $332.77. The company has a quick ratio of 1.55, a current ratio of 1.55 and a debt-to-equity ratio of 0.46.

Tyler Technologies (NYSE:TYL) last posted its earnings results on Wednesday, July 29th. The technology company reported $3.08 EPS for the quarter, beating the consensus estimate of $3.05 by $0.03. The company had revenue of $645.10 million for the quarter, compared to the consensus estimate of $647.95 million. Tyler Technologies had a return on equity of 11.15% and a net margin of 13.36%.The firm’s revenue for the quarter was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.91 earnings per share. Tyler Technologies has set its FY 2026 guidance at 12.950-13.200 EPS. As a group, analysts predict that Tyler Technologies will post 10.06 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in TYL. DV Equities LLC bought a new position in Tyler Technologies in the 4th quarter valued at about $27,000. Salomon & Ludwin LLC raised its holdings in shares of Tyler Technologies by 6,100.0% during the 4th quarter. Salomon & Ludwin LLC now owns 62 shares of the technology company’s stock worth $27,000 after buying an additional 61 shares in the last quarter. Elyxium Wealth LLC acquired a new position in shares of Tyler Technologies during the 4th quarter worth $29,000. Advisors Asset Management Inc. bought a new stake in shares of Tyler Technologies during the 1st quarter worth $38,000. Finally, Bayban acquired a new stake in Tyler Technologies in the fourth quarter valued at about $30,000. 93.30% of the stock is owned by institutional investors.

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.