Zacks Research Weighs in on Tyler Technologies, Inc.’s FY2025 Earnings (NYSE:TYL)

Tyler Technologies, Inc. (NYSE:TYL) – Zacks Research raised their FY2025 earnings per share (EPS) estimates for Tyler Technologies in a research note issued to investors on Monday, July 22nd. Zacks Research analyst R. Department now anticipates that the technology company will post earnings per share of $7.84 for the year, up from their prior forecast of $7.83. The consensus estimate for Tyler Technologies’ current full-year earnings is $7.10 per share.

Tyler Technologies (NYSE:TYL) last announced its quarterly earnings data on Wednesday, July 24th. The technology company reported $2.40 earnings per share for the quarter, topping the consensus estimate of $2.34 by $0.06. The company had revenue of $540.98 million during the quarter, compared to analyst estimates of $541.01 million. Tyler Technologies had a return on equity of 9.35% and a net margin of 9.50%. The firm’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter last year, the firm posted $1.53 EPS.

A number of other research firms have also weighed in on TYL. Wells Fargo & Company lifted their price objective on shares of Tyler Technologies from $550.00 to $580.00 and gave the company an “overweight” rating in a research note on Thursday, July 18th. Truist Financial reissued a “buy” rating and set a $560.00 price objective (up previously from $510.00) on shares of Tyler Technologies in a report on Thursday, May 23rd. Needham & Company LLC reaffirmed a “buy” rating and set a $600.00 target price on shares of Tyler Technologies in a report on Thursday. Loop Capital increased their price target on shares of Tyler Technologies from $485.00 to $530.00 and gave the stock a “buy” rating in a report on Tuesday, May 21st. Finally, JMP Securities increased their target price on shares of Tyler Technologies from $490.00 to $580.00 and gave the stock a “market outperform” rating in a research note on Monday. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $539.17.

Tyler Technologies Stock Performance

NYSE TYL opened at $564.34 on Wednesday. The firm has a market cap of $23.96 billion, a P/E ratio of 127.83, a price-to-earnings-growth ratio of 4.94 and a beta of 0.76. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 0.20. The company’s 50 day moving average is $495.82 and its 200-day moving average is $454.78. Tyler Technologies has a 12-month low of $361.16 and a 12-month high of $572.80.

Insider Buying and Selling

In other Tyler Technologies news, Director Brenda A. Cline sold 5,000 shares of the firm’s stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $458.83, for a total transaction of $2,294,150.00. Following the sale, the director now owns 1,358 shares in the company, valued at $623,091.14. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, CFO Brian K. Miller sold 2,671 shares of the company’s stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $465.03, for a total value of $1,242,095.13. Following the completion of the sale, the chief financial officer now owns 13,536 shares of the company’s stock, valued at approximately $6,294,646.08. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Brenda A. Cline sold 5,000 shares of the business’s stock in a transaction on Monday, April 29th. The stock was sold at an average price of $458.83, for a total transaction of $2,294,150.00. Following the completion of the sale, the director now directly owns 1,358 shares of the company’s stock, valued at $623,091.14. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 26,241 shares of company stock worth $12,495,890. Corporate insiders own 2.20% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in Tyler Technologies by 1.1% in the first quarter. Vanguard Group Inc. now owns 5,022,053 shares of the technology company’s stock valued at $2,134,423,000 after purchasing an additional 53,005 shares during the last quarter. Principal Financial Group Inc. raised its holdings in Tyler Technologies by 3.3% during the 1st quarter. Principal Financial Group Inc. now owns 1,309,715 shares of the technology company’s stock valued at $556,642,000 after buying an additional 41,485 shares during the last quarter. Norges Bank purchased a new stake in Tyler Technologies during the 4th quarter valued at $459,691,000. Franklin Resources Inc. grew its holdings in Tyler Technologies by 6.7% in the 4th quarter. Franklin Resources Inc. now owns 1,040,341 shares of the technology company’s stock worth $434,987,000 after acquiring an additional 64,889 shares during the last quarter. Finally, Van ECK Associates Corp increased its position in shares of Tyler Technologies by 6.3% in the first quarter. Van ECK Associates Corp now owns 922,942 shares of the technology company’s stock valued at $392,259,000 after acquiring an additional 54,926 shares during the period. Hedge funds and other institutional investors own 93.30% of the company’s stock.

Tyler Technologies Company Profile

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 platform and transformative technology solutions, including cybersecurity for government agencies; data and insights solutions; digital solutions that helps workers and policymakers to share, communicate, and leverage data; payments solutions, such as billing, presentment, merchant onboarding, collections, reconciliation, and disbursements; platform technologies, an application development platform that enables government workers to build solutions and applications; and outdoor recreation solutions, including campsite reservations, activity registrations, licensing sales and renewals, and real-time data for conservation and park management.