logo
Tyler Technologies (NYSE:TYL) Secures Four-Year Agreement With Hillsborough County, Florida

Tyler Technologies (NYSE:TYL) Secures Four-Year Agreement With Hillsborough County, Florida

Yahoo09-04-2025

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

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

How major US stock indexes fared Monday, 6/9/2025
How major US stock indexes fared Monday, 6/9/2025

Associated Press

time8 hours ago

  • Associated Press

How major US stock indexes fared Monday, 6/9/2025

U.S. stocks drifted closer to their record as the world's two largest economies begin talks on trade that could help avoid a recession. The S&P 500 rose 0.1% Monday and is 2.3% below the record it reached in February. The Dow Jones Industrial Average was flat, and the Nasdaq composite rose 0.3%. Markets are waiting to hear what comes of trade talks between the United States and China taking place in London. Treasury yields slipped after a survey suggested consumers' expectations for coming inflation eased. Chinese stocks rose, while indexes were mixed across the rest of Asia and Europe. On Monday: The S&P 500 rose 5.52 points, or 0.1%, to 6,005.88. The Dow Jones Industrial Average fell 1.11 points, or less than 0.1%, to 42,761.76. The Nasdaq composite rose 61.28 points, or 0.3%, to 19,591.24. The Russell 2000 index of smaller companies rose 12.20 points, or 0.6%, to 2,144.45. For the year: The S&P 500 is up 124.25 points, or 2.1%. The Dow is up 217.54 points, or 0.5%. The Nasdaq is up 280.44 points, or 1.5%. The Russell 2000 is down 85.71 points, or 3.8%.

The path is set for the S&P 500 to reach a new record as soon as this week
The path is set for the S&P 500 to reach a new record as soon as this week

CNBC

time8 hours ago

  • CNBC

The path is set for the S&P 500 to reach a new record as soon as this week

Stocks pushed higher on Monday as the S & P 500 continues to chip away at the gap to a new record high. Several events in the days ahead could prove to be the catalyst that vaults it over the top. The index is now about 2% below its record closing high of 6,144.15, set on Feb. 19. With the S & P 500 already seeing six days this year with a gain of at least 2%, the gap could be closed in one quick rally. .SPX YTD mountain The S & P 500 is about 2% below its record high from February. That move could be fueled by positive headlines on the trade front, with U.S. and Chinese officials meeting in London on Monday. Economic data could also provide a boost, with inflation readings on Wednesday and Thursday expected to show modest increases in prices, according to economists' estimates compiled by Dow Jones. Those developments will strike a market that appears primed to move higher, according to the JPMorgan trading desk. "For this week, we reiterate our tactical bullish call. Look for Techspeak to be supportive of Mag7/Semis, U.S./China talks to be positive for broader markets, and an inline CPI print to keep bond yields from surging which is supportive of Equities. Positioning suggests that we may see a combination of extending winners but also squeezes in the higher beta areas of the market. The SPX's all-time high is 2.4% away and we think we take that out this week or next," JPMorgan's data assets & alpha group said in the trading desk note Monday morning. To be sure, there's always a chance that the trade talks with China could break down or that inflation data comes in hotter-than-expected, resulting in a stock market sell-off. Investors also can't count out an unexpected twist — either positive or negative — coming from the White House. "Markets in the short term are levered to the whims and utterances of one unpredictable person (President Trump), perhaps to the greatest extent in history," Michael Graham, analyst at Canaccord Genuity, said in a research note Monday. — CNBC's Michael Bloom contributed reporting.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store