More about Tyler Technologies, Inc.
Regulatory Filings for Tyler Technologies, Inc.
Fundamentals for Tyler Technologies, Inc.
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Fundamentals for Tyler Technologies, Inc.
Business Operations:
Sector: TechnologyIndustry: Software - Application
Tyler Technologies, Inc. provides integrated software and technology management solutions for the public sector in the United States. It operates in two segments, Enterprise Software and Platform Technologies. The company designs, develops, markets, and supports a range of software solutions to serve mission-critical back-office functions. It also offers platform and transformative technology solutions, such as cybersecurity, data and insights, digital solutions, payments, platform technologies, and outdoor recreation; public administration solutions, including civic services, ERP, property and recording, and regulatory; and corrections, courts and justice, and public safety solutions. In addition, the company provides school ERP and student transportation K-12 education solutions; and health and human services solutions comprising environmental health, and disability and benefits. It has a strategic collaboration agreement with Amazon Web Services for cloud hosting services. The company was formerly known as Tyler Corporation and changed its name to Tyler Technologies, Inc. in June 1999. Tyler Technologies, Inc. was founded in 1966 and is based in Plano, Texas.
Revenue projections:
TYL is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.
Financial Ratios:
| currentRatio | 1.21200 |
|---|---|
| forwardPE | 55.48920 |
| debtToEquity | 19.59700 |
| earningsGrowth | 0.58200 |
| revenueGrowth | 0.09800 |
| grossMargins | 0.43890 |
| operatingMargins | 0.15244 |
| trailingEps | 5.47000 |
| forwardEps | 10.83000 |
Tyler Technologies, Inc.'s current ratio of 1.212, indicating that the company can meet its short-term debt obligations with ease. This high liquidity level is a positive sign, as Tyler Technologies, Inc. has enough cash and current assets to handle its immediate liabilities comfortably.
Tyler Technologies, Inc.'s high forward PE indicates potential overvaluation, which may restrict future price increases and prompt a correction. Investors should evaluate this metric carefully in conjunction with other fundamental indicators to assess the stock's true growth potential.
TYL's low Debt-to-Equity ratio suggests the company is minimally leveraged, with limited reliance on debt to finance its operations. This reduced financial risk positions the company for greater stability and financial health, appealing to investors who value conservative financial management.
TYL's forward EPS exceeding its trailing EPS means that the company is expected to increase profitability in the current financial year. This reflects improved earnings potential, signaling that TYL is likely to outperform its previous year's financial performance.
Price projections:
The price of TYL has remained consistently close to the lower limit of projections. This ongoing pattern raises concerns about the stock's performance and may reflect market hesitance regarding the company's growth prospects.
Recommendation changes over time:
TYL has recently received a buy bias from analysts, indicating that the stock is being perceived as a favorable investment. This positive sentiment could encourage investors to see TYL as a wise place to allocate their funds, potentially leading to increased interest in the company's stock.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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