Tyler Technologies (NYSE:TYL) Secures Four-Year Agreement With Hillsborough County, Florida
Tyler Technologies recently entered into a four-year agreement with Hillsborough County, Florida, and launched a new property tax solution in New Jersey, reflecting its commitment to client relationships and digital innovation. Despite these promising initiatives, the company's share price dropped by 9% in the last quarter. This decline coincided with a broader market downturn, where the Dow Jones also faced significant volatility amidst global trade tensions and the ensuing tariff uncertainty. Tyler's earnings growth and client expansions likely provided some resilience, but the overall market conditions weighed on its stock performance.
Buy, Hold or Sell Tyler Technologies? View our complete analysis and fair value estimate and you decide.
The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 24 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement.
Tyler Technologies' recent developments, including the four-year agreement in Florida and the innovative property tax solution in New Jersey, emphasize its focus on client relationships and digital transformation. While these initiatives may bolster future revenue and earnings by expanding the company's footprint in government technology solutions, the immediate impact on financials could be limited due to the broader market downturn noted in the introduction. This downturn is reflected in the stock's 9% decline over the last quarter. However, over the longer term, Tyler's total shareholder return, including both share price appreciation and dividends, reached 59.47% over the past five years, showcasing solid performance during that period.
Compared to the broader US Software industry, Tyler Technologies outperformed over the past year, with the industry experiencing a decline of 9.8%, while the company saw growth. This relative strength might be attributed to the company's SaaS transition, which aligns with its broader revenue and margin expansion goals. Importantly, the company's revenue growth, enhanced by cloud and integrated payment solutions, may be positively impacted by these recent developments, supporting the forecasted 9.6% annual growth through 2028. However, the stock's current price of $584.53 presents a significant discount to the consensus analyst price target of $704.63, suggesting potential upside, yet investors should consider their own assumptions vis-à-vis analysts' expectations.
According our valuation report, there's an indication that Tyler Technologies' share price might be on the expensive side.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include NYSE:TYL.
Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@simplywallst.com
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 hours ago
- Yahoo
Pair of Aussie mates make incredible $161,000 discovery deep in the outback
A pair of "good mates" in the country's west are reportedly now more than $160,000 richer after unearthing multiple large gold nuggets during a single prospecting mission. James Allison, Amalgamated Prospectors and Leaseholders Association of Western Australia's president, said the two men were trying their luck at Sandstone, a small town some 400km north-west of Kalgoorlie-Boulder, when they uncovered serious treasure recently. Allison told the Kalgoorlie Miner the two men had been prospecting for decades, but at the end of May, they came across a one-ounce nugget worth more than $5,000. Later that same day, their luck struck again in a big way when their detector picked up a second very promising sound. It prompted the men to dig up another piece buried at about 250mm deep and weighing 895 grams, which at today's values puts it at a whopping $161,000, based on the Perth Mint spot price as of June. Allison said the men celebrated over a beer later that evening and continued to prospect the following day, with the incredible find making front page news on Wednesday. It's certainly not the first time dedicated Aussies have hit the jackpot prospecting in the outback lately. Tyler Mahoney, also from Kalgoorlie in WA, is a fourth-generation gold prospector. She sold a mammoth nugget for a cool $9,500 back in January 2024. Tyler, who starred in the reality series Gold Rush, told Yahoo that most of the time it's the "small pieces of gold" she finds that end up paying her wages. 'Rare' outback find sells for $9,500 with booming market on rise Aussie woman's $7,000 find in outback: 'Not a bad day's work' $20,000 in hidden gold: Aussie prospector reveals secret Tyler explained that the state's long history of gold mining dates back to the 1880s, with the first gold rush sparked by the discovery of the "Golden Mile" at Kalgoorlie in the 1890s. Sizeable nuggets are "getting harder and harder" to find, she said, meaning that it's exceptionally "lucky" to uncover such large treasures. Because of this, natural gold nuggets — called alluvial gold, which have broken away from their original source — can sell for about 30 per cent more than refined gold like bars, coins, or ingots. That's because they're rarer and more sought-after by collectors, so they come with a higher price tag. And it's not just those in WA who have recently uncovered gold. Last year, Angus James found $20,000 worth of gold in a single day in Victoria. Angus insists working full-time with his metal detector is bringing in more than the average wage. He said there is still a lot of valuable metal waiting to be discovered. So much remains that he's more than happy to share some very specific tips on how to find it. "The Golden Triangle in Victoria is one of the best places to go looking for gold. So, Inglewood, Bendigo, Ballarat have all got places worth searching," he told Yahoo last year. Do you have a story tip? Email: newsroomau@ You can also follow us on Facebook, Instagram, TikTok, Twitter and YouTube.
Yahoo
4 hours ago
- Yahoo
Powell Industries (POWL) Stock Slides as Market Rises: Facts to Know Before You Trade
Powell Industries (POWL) closed at $185.76 in the latest trading session, marking a -2.35% move from the prior day. This change lagged the S&P 500's 0.55% gain on the day. At the same time, the Dow added 0.25%, and the tech-heavy Nasdaq gained 0.63%. Coming into today, shares of the energy equipment company had gained 1.25% in the past month. In that same time, the Industrial Products sector gained 5.99%, while the S&P 500 gained 6.29%. Market participants will be closely following the financial results of Powell Industries in its upcoming release. The company's upcoming EPS is projected at $3.73, signifying a 1.58% drop compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $295.12 million, up 2.41% from the year-ago period. For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $14.17 per share and a revenue of $1.11 billion, representing changes of +15.3% and +9.82%, respectively, from the prior year. Investors should also take note of any recent adjustments to analyst estimates for Powell Industries. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Powell Industries is currently a Zacks Rank #3 (Hold). From a valuation perspective, Powell Industries is currently exchanging hands at a Forward P/E ratio of 13.43. This valuation marks a discount compared to its industry's average Forward P/E of 22.38. Meanwhile, POWL's PEG ratio is currently 0.96. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. The Manufacturing - Electronics industry had an average PEG ratio of 1.83 as trading concluded yesterday. The Manufacturing - Electronics industry is part of the Industrial Products sector. This industry currently has a Zacks Industry Rank of 76, which puts it in the top 31% of all 250+ industries. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Keep in mind to rely on to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Powell Industries, Inc. (POWL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Associated Press
7 hours ago
- Associated Press
How major US stock indexes fared Tuesday, 6/10/2025
U.S. stocks drifted just below their all-time high as the wait continues to hear what will come of trade talks underway between the United States and China. The S&P 500 rose 0.5% Tuesday as talks between the world's two largest economies carried into a second day. The Dow Jones Industrial Average added 0.2%, and the Nasdaq composite rose 0.6%. The hope is that President Donald Trump will lower his tariffs on China and other countries after reaching trade deals with them, and stocks have already rallied strongly on such expectations. On Tuesday: The S&P 500 rose 32.93 points, or 0.5%, to 6,038.81. The Dow Jones Industrial Average rose 105.11 points, or 0.2%, to 42,866.87. The Nasdaq composite rose 123.75 points, or 0.6%, to 19,714.99. The Russell 2000 index of smaller companies rose 11.96 points, or 0.6%, to 2,156.41. For the week: The S&P 500 is up 38.45 points, or 0.6%. The Dow is up 104 points, or 0.2%. The Nasdaq is up 185.04 points, or 0.9%. The Russell 2000 is up 24.16 points, or 1.1%. For the year: The S&P 500 is up 157.18 points, or 2.7%. The Dow is up 322.65 points, or 0.8%. The Nasdaq is up 404.20 points, or 2.1%. The Russell 2000 is down 73.75 points, or 3.3%.
