Tyler Technologies, Inc. which can be found using ticker (TYL) now have 18 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 500 and 301 with the average target price sitting at $409.26. Given that the stocks previous close was at $363.46 this would indicate that there is a potential upside of 12.6%. The day 50 moving average is $334.12 and the 200 moving average now moves to $342.14. The company has a market capitalization of $15,265m. Visit the company website at: https://www.tylertech.com
The potential market cap would be $17,189m based on the market consensus.
Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector. It operates in two segments: Enterprise Software; and Platform Technologies. The company offers financial management solutions, including modular fund accounting systems for government agencies or not-for-profit entities; utility billing systems for the billing and collection of metered and non-metered services; products to automate city and county functions, such as municipal courts, parking tickets, equipment and project costing, animal and business licenses, permits and inspections, code enforcement, citizen complaint tracking, ambulance billing, fleet maintenance, and cemetery records management; and student information and transportation solutions for K-12 schools. It also provides a suite of judicial solutions comprising court case management, court and law enforcement, prosecutor, and supervision systems to handle multi-jurisdictional county or statewide implementations, and single county systems; public safety software solutions; systems and software to automate the appraisal and assessment of real and personal property, as well as tax applications for agencies that bill and collect taxes; planning, regulatory, and maintenance software solutions for public sector agencies; software applications to enhance and automate operations involving records and document management; and data and insights solutions. In addition, the company offers software as a service arrangements and electronic document filing solutions for courts and law offices; software and hardware installation, data conversion, training, product modification, and maintenance and support services; and property appraisal outsourcing services for taxing jurisdictions. It has a strategic collaboration agreement with Amazon Web Services for cloud hosting services. The company was founded in 1966 and is headquartered in Plano, Texas.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 94.4, revenue per share of 44.54 and a 2.88% return on assets.
