Tyler Technologies (NYSE: TYL) is one of 118 publicly-traded companies in the “Software” industry, but how does it weigh in compared to its competitors? We will compare Tyler Technologies to similar businesses based on the strength of its dividends, profitability, risk, institutional ownership, analyst recommendations, valuation and earnings.
Institutional & Insider Ownership
90.5% of Tyler Technologies shares are held by institutional investors. Comparatively, 58.4% of shares of all “Software” companies are held by institutional investors. 10.3% of Tyler Technologies shares are held by company insiders. Comparatively, 20.0% of shares of all “Software” companies are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
This table compares Tyler Technologies and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Tyler Technologies Competitors||-45.26%||-25.32%||-10.02%|
This is a breakdown of current ratings and price targets for Tyler Technologies and its competitors, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Tyler Technologies Competitors||264||2011||4278||84||2.63|
Tyler Technologies currently has a consensus price target of $192.29, indicating a potential upside of 8.43%. As a group, “Software” companies have a potential upside of 4.22%. Given Tyler Technologies’ stronger consensus rating and higher probable upside, equities research analysts plainly believe Tyler Technologies is more favorable than its competitors.
Volatility and Risk
Tyler Technologies has a beta of 0.93, indicating that its share price is 7% less volatile than the S&P 500. Comparatively, Tyler Technologies’ competitors have a beta of 0.98, indicating that their average share price is 2% less volatile than the S&P 500.
Earnings & Valuation
This table compares Tyler Technologies and its competitors top-line revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Tyler Technologies||$796.44 million||$175.52 million||58.72|
|Tyler Technologies Competitors||$1.49 billion||$438.72 million||39.74|
Tyler Technologies’ competitors have higher revenue and earnings than Tyler Technologies. Tyler Technologies is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.
Tyler Technologies beats its competitors on 8 of the 13 factors compared.
Tyler Technologies Company Profile
Tyler Technologies, Inc. is a provider of information management solutions and services for the public sector, with a focus on local governments. The Company operates through two segments: Enterprise Software (ES) segment and The Appraisal and Tax (A&T) segment. ES segment provides municipal and county governments and schools with software systems and services for information technology and automation needs that includes back-office functions, such as financial management, courts and justice processes, public safety, planning regulatory and maintenance, and land and vital records management. A&T segment provides systems and software that automate the appraisal and assessment of real and personal property, as well as property appraisal outsourcing services for local governments and taxing authorities.
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