Tyler Technologies (NYSE:TYL) Updates FY 2025 Earnings Guidance

Tyler Technologies (NYSE:TYL) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 10.900-11.150 for the period, compared to the consensus EPS estimate of 10.790. The company issued revenue guidance of $2.3 billion-$2.3 billion, compared to the consensus revenue estimate of $2.4 billion.

Analysts Set New Price Targets

TYL has been the topic of a number of research analyst reports. StockNews.com lowered Tyler Technologies from a “buy” rating to a “hold” rating in a research report on Friday, December 6th. JMP Securities boosted their price objective on Tyler Technologies from $580.00 to $700.00 and gave the company a “market outperform” rating in a report on Friday, October 25th. Needham & Company LLC restated a “buy” rating and set a $700.00 target price on shares of Tyler Technologies in a report on Tuesday, January 21st. Wells Fargo & Company reiterated an “equal weight” rating and set a $615.00 price target (down from $670.00) on shares of Tyler Technologies in a research note on Tuesday, January 7th. Finally, Piper Sandler raised their price objective on shares of Tyler Technologies from $625.00 to $701.00 and gave the company an “overweight” rating in a research note on Friday, October 25th. Four investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $645.69.

Tyler Technologies Stock Up 0.3 %

Shares of TYL traded up $1.54 during midday trading on Wednesday, reaching $611.01. The stock had a trading volume of 398,677 shares, compared to its average volume of 227,242. The company has a market cap of $26.15 billion, a price-to-earnings ratio of 111.50, a PEG ratio of 4.78 and a beta of 0.78. The company’s fifty day simple moving average is $595.96 and its two-hundred day simple moving average is $593.19. Tyler Technologies has a 1-year low of $397.80 and a 1-year high of $638.56. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.21 and a quick ratio of 1.21.

Tyler Technologies (NYSE:TYL) last announced its quarterly earnings results on Wednesday, February 12th. The technology company reported $1.87 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.44 by ($0.57). Tyler Technologies had a return on equity of 9.79% and a net margin of 11.39%. Equities research analysts expect that Tyler Technologies will post 7.36 earnings per share for the current year.

Insider Buying and Selling

In other Tyler Technologies news, CEO H Lynn Moore, Jr. sold 3,250 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $631.41, for a total transaction of $2,052,082.50. Following the transaction, the chief executive officer now owns 75,000 shares of the company’s stock, valued at approximately $47,355,750. This trade represents a 4.15 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Brian K. Miller sold 6,752 shares of the firm’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $613.75, for a total value of $4,144,040.00. Following the transaction, the chief financial officer now directly owns 11,918 shares in the company, valued at approximately $7,314,672.50. The trade was a 36.16 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 30,502 shares of company stock worth $18,941,368 over the last 90 days. 2.20% of the stock is owned by insiders.

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.