Latest news with #TylerTechnologies
Business Insider
02-08-2025
- Business
- Business Insider
New Buy Rating for Tyler Technologies (TYL), the Technology Giant
In a report released on July 31, Alexei Gogolev from J.P. Morgan maintained a Buy rating on Tyler Technologies, with a price target of $800.00. The company's shares closed yesterday at $581.65. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Gogolev is a 5-star analyst with an average return of 12.8% and a 56.99% success rate. Gogolev covers the Technology sector, focusing on stocks such as Guidewire, Tyler Technologies, and CCC Intelligent Solutions Holdings. In addition to J.P. Morgan, Tyler Technologies also received a Buy from Citizens JMP's Trevor J. Walsh in a report issued yesterday. However, on the same day, Evercore ISI maintained a Hold rating on Tyler Technologies (NYSE: TYL). Based on Tyler Technologies' latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $596.12 million and a net profit of $84.63 million. In comparison, last year the company earned a revenue of $540.98 million and had a net profit of $67.74 million Based on the recent corporate insider activity of 84 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TYL in relation to earlier this year. Most recently, in June 2025, Brian K. Miller, the EVP & CFO of TYL sold 1,200.00 shares for a total of $696,857.01.
Globe and Mail
02-08-2025
- Business
- Globe and Mail
Tyler Technologies (TYL) Receives a Rating Update from a Top Analyst
In a report released today, Trevor J. Walsh from Citizens JMP reiterated a Buy rating on Tyler Technologies, with a price target of $700.00. The company's shares closed yesterday at $584.56. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. J. Walsh covers the Technology sector, focusing on stocks such as Zscaler, CyberArk Software, and Cloudflare. According to TipRanks, J. Walsh has an average return of 31.3% and a 73.23% success rate on recommended stocks. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Tyler Technologies with a $672.56 average price target, representing a 15.05% upside. In a report released today, Piper Sandler also maintained a Buy rating on the stock with a $708.00 price target. TYL market cap is currently $25.29B and has a P/E ratio of 83.59. Based on the recent corporate insider activity of 86 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TYL in relation to earlier this year. Most recently, in June 2025, Brian K. Miller, the EVP & CFO of TYL sold 1,200.00 shares for a total of $696,857.01.
Globe and Mail
02-08-2025
- Business
- Globe and Mail
Tyler Technologies Reports Strong Q2 2025 Earnings
Tyler Technologies ( (TYL)) has released its Q2 earnings. Here is a breakdown of the information Tyler Technologies presented to its investors. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Tyler Technologies, Inc. is a leading provider of software solutions and services for the public sector, offering innovative technology to enhance the efficiency and effectiveness of government operations. The company operates primarily in the enterprise software and platform technologies sectors, providing a range of solutions including public administration, courts and public safety, education, and property management. In its latest earnings report for the quarter ending June 30, 2025, Tyler Technologies reported a significant increase in total revenues, reaching $596.1 million, up from $541.0 million in the same period last year. The company's net income also saw a notable rise, reaching $84.6 million compared to $67.7 million in the previous year, indicating strong financial performance and growth. Key highlights from the report include a substantial increase in subscription revenues, which rose to $405.1 million from $333.7 million year-over-year, driven by strong demand for SaaS and transaction-based services. The company's operating income also improved, reaching $95.6 million, reflecting effective cost management and operational efficiency. Additionally, Tyler Technologies continued to invest in research and development, with expenses rising to $50.8 million, underscoring its commitment to innovation and product development. Despite challenges in professional services and maintenance revenues, Tyler Technologies has demonstrated resilience and adaptability in its business model, maintaining a robust financial position with total assets of $5.43 billion. The company's strategic focus on recurring revenue streams and technological advancements positions it well for sustained growth in the public sector market. Looking ahead, Tyler Technologies remains optimistic about its growth prospects, with management emphasizing continued investment in technology and expansion of its product offerings to meet the evolving needs of public sector clients. The company's strong financial performance and strategic initiatives are expected to drive further success in the coming quarters.
Business Insider
01-08-2025
- Business
- Business Insider
Oppenheimer Reaffirms Their Buy Rating on Tyler Technologies (TYL)
Oppenheimer analyst Kenneth Wong reiterated a Buy rating on Tyler Technologies today and set a price target of $675.00. The company's shares closed today at $584.56. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Wong is a 5-star analyst with an average return of 13.9% and a 60.78% success rate. Wong covers the Technology sector, focusing on stocks such as PTC, Tyler Technologies, and Wix. In addition to Oppenheimer, Tyler Technologies also received a Buy from Barclays's Saket Kalia in a report issued today. However, on the same day, Evercore ISI maintained a Hold rating on Tyler Technologies (NYSE: TYL). Based on Tyler Technologies' latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $596.12 million and a net profit of $84.63 million. In comparison, last year the company earned a revenue of $540.98 million and had a net profit of $67.74 million Based on the recent corporate insider activity of 86 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TYL in relation to earlier this year. Last month, Brian K. Miller, the EVP & CFO of TYL sold 1,200.00 shares for a total of $696,857.01.
Yahoo
30-07-2025
- Business
- Yahoo
Tyler Technologies beats quarterly revenue estimates on steady cloud demand
(Reuters) -Tyler Technologies beat Wall Street expectations for second-quarter revenue on Wednesday, helped by steady demand for its IT and cloud-based software services. Shares of the company rose about 3% in extended trading. Demand for Tyler's services has grown as more businesses and government agencies transition to cloud-based solutions to streamline operations. The company provides integrated information management solutions and professional IT services primarily to the public sector, including local governments, courts, and schools. It reported second-quarter revenue of $596.1 million, beating analysts' estimates of $587.9 million, according to data compiled by LSEG. The company also slightly raised its annual revenue forecast to between $2.33 billion and $2.36 billion, up from a prior range of $2.31 billion to $2.35 billion. For the quarter ended June 30, Tyler reported earnings of $1.93 per share, compared with $1.57 per share a year earlier.
