Tyler Technologies (TYL)
(Delayed Data from NYSE)
$600.61 USD
-2.14 (-0.36%)
Updated Nov 4, 2024 04:00 PM ET
After-Market: $600.48 -0.13 (-0.02%) 5:06 PM ET
2-Buy of 5 2
F Value B Growth A Momentum C VGM
Company Summary
Tyler Technologies is a leading provider of integrated information-management solutions and services for the public sector.
Clients consist primarily of federal, state, county and municipal agencies, school districts, and other local government offices. In counties, clients include the auditor, treasurer, tax assessor/collector, county clerk, district clerk, county and district court judges, probation officers, sheriff, and county appraiser. At municipal government sites, clients include directors of various departments, including administration, finance, utilities, public works, code enforcement, personnel, purchasing, taxation, municipal court, and police.
The company’s software solutions and services are ...
Company Summary
Tyler Technologies is a leading provider of integrated information-management solutions and services for the public sector.
Clients consist primarily of federal, state, county and municipal agencies, school districts, and other local government offices. In counties, clients include the auditor, treasurer, tax assessor/collector, county clerk, district clerk, county and district court judges, probation officers, sheriff, and county appraiser. At municipal government sites, clients include directors of various departments, including administration, finance, utilities, public works, code enforcement, personnel, purchasing, taxation, municipal court, and police.
The company’s software solutions and services are generally grouped into the following areas: (1) Financial Management and Education, (2) Courts and Justice, (3) Public Safety, (4) Property Appraisal and Tax, (5) Planning, Regulatory and Maintenance, (6) Land and Vital Records Management, (7) Data and Insights, and (8) Case Management and Business Process Management.
Tyler serves its customers both on-premise and in cloud. By leveraging Tyler private cloud, the company delivers its applications through Software-as-a-Service (“SaaS”) model. In October 2019, the company entered into a partnership agreement with Amazon Web Services for cloud-hosting services.
Tyler reported revenues of $1.95 billion in 2023. The Plano, TX-based company derives revenues from six sources: (i) Sales of software licenses and royalties, (ii) Subscription-based arrangements, (iii) Software services, (iv) Maintenance and support (v) Appraisal services, and (vi) Hardware and other.
Subscription-based revenues are primarily derived from Tyler’s SaaS arrangements, as well as transaction-based offerings such as e-filing solutions, online dispute resolution solutions, and online payment services.
Moreover, client-support services comprise a significant base of recurring maintenance revenues. During 2023, approximately 24% of Tyler’s revenues were attributable to ongoing support and maintenance agreements.
Tyler faces competition from Oracle, Infor, SAP AG, Workday, CentralSquare, Thomson Reuters, Motorola Solutions, and Axon Enterprise.
General Information
Tyler Technologies, Inc
5101 TENNYSON PARKWAY
PLANO, TX 75024
Phone: 972-713-3700
Fax: 972-713-3741
Email: hala.elsherbini@tylertech.com
| Industry | Business - Software Services |
| Sector | Computer and Technology |
| Fiscal Year End | December |
| Last Reported Quarter | 9/30/2024 |
| Exp Earnings Date | 2/12/2025 |
EPS Information
| Current Quarter EPS Consensus Estimate | 2.39 |
| Current Year EPS Consensus Estimate | 9.47 |
| Estimated Long-Term EPS Growth Rate | 15.00 |
| Exp Earnings Date | 2/12/2025 |
Price and Volume Information
| Zacks Rank |  |
| Yesterday's Close | 602.75 |
| 52 Week High | 631.43 |
| 52 Week Low | 397.80 |
| Beta | 0.77 |
| 20 Day Moving Average | 251,441.41 |
| Target Price Consensus | 671.24 |
| 4 Week | 4.02 |
| 12 Week | 4.78 |
| YTD | 44.16 |
| 4 Week | 4.43 |
| 12 Week | -2.25 |
| YTD | 20.03 |
| Shares Outstanding (millions) | 42.80 |
| Market Capitalization (millions) | 25,796.85 |
| Short Ratio | NA |
| Last Split Date | NA |
| Dividend Yield | 0.00% |
| Annual Dividend | $0.00 |
| Payout Ratio | 0.00 |
| Change in Payout Ratio | 0.00 |
| Last Dividend Payout / Amount | NA / $0.00 |
Fundamental Ratios
| P/E (F1) | 63.64 |
| Trailing 12 Months | 66.90 |
| PEG Ratio | 4.24 |
| vs. Previous Year (Q0/Q-4) | 17.47% |
| vs. Previous Quarter (Q0/Q-1) | 1.56% |
| vs. Previous Year (Q0/Q-4) | 9.84% |
| vs. Previous Quarter (Q0/Q-1) | 0.44% |
| Price/Book | 7.88 |
| Price/Cash Flow | 60.62 |
| Price / Sales | 12.42 |
| 9/30/24 | 9.79 |
| 6/30/24 | 9.66 |
| 3/31/24 | 9.35 |
| 9/30/24 | 6.34 |
| 6/30/24 | 6.15 |
| 3/31/24 | 5.83 |
| 9/30/24 | 1.21 |
| 6/30/24 | 1.06 |
| 3/31/24 | 0.94 |
| 9/30/24 | 1.21 |
| 6/30/24 | 1.06 |
| 3/31/24 | 0.94 |
| 9/30/24 | 14.57 |
| 6/30/24 | 14.21 |
| 3/31/24 | 13.59 |
| 9/30/24 | 11.39 |
| 6/30/24 | 10.24 |
| 3/31/24 | 9.50 |
| 9/30/24 | 13.29 |
| 6/30/24 | 12.27 |
| 3/31/24 | 11.36 |
| 9/30/24 | 76.52 |
| 6/30/24 | 73.40 |
| 3/31/24 | 71.21 |
| 9/30/24 | NA |
| 6/30/24 | NA |
| 3/31/24 | NA |
| 9/30/24 | 0.18 |
| 6/30/24 | 0.19 |
| 3/31/24 | 0.20 |
| 9/30/24 | 15.43 |
| 6/30/24 | 16.01 |
| 3/31/24 | 16.48 |