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Tyler Technologies Inc Stock Research

TYL

389.04USD+0.46(+0.12%)Market Closed
Watchlist

Market Summary

USD389.04+0.46
Market Closed
0.12%

TYL Alerts

  • 3 major insider sales recently.

TYL Stock Price

TYL RSI Chart

TYL Valuation

Market Cap

18.7B

Price/Earnings (Trailing)

114

Price/Sales (Trailing)

9.85

EV/EBITDA

60.51

Price/Free Cashflow

64.45

TYL Price/Sales (Trailing)

TYL Profitability

EBT Margin

9.36%

Return on Equity

5.78%

Return on Assets

3.41%

Free Cashflow Yield

1.55%

TYL Fundamentals

TYL Revenue

Revenue (TTM)

1.9B

Revenue Y/Y

7.59%

Revenue Q/Q

6.87%

TYL Earnings

Earnings (TTM)

164.3M

Earnings Y/Y

22.99%

Earnings Q/Q

59.13%

Price Action

52 Week Range

281.11426.83
(Low)(High)

Last 7 days

-0.3%

Last 30 days

2.7%

Last 90 days

-4.6%

Trailing 12 Months

14.1%

TYL Financial Health

Current Ratio

0.89

Debt/Equity

0.41

Debt/Cashflow

0.35

TYL Investor Care

Diluted EPS (TTM)

3.87

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for TYL

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-14
Carter Glenn A
acquired
38,595
77.19
500
-
2023-09-14
Carter Glenn A
sold
-189,662
379
-500
-
2023-09-01
MOORE H LYNN JR
sold
-1,982,930
396
-5,000
president and ceo
2023-08-30
WOMBLE DUSTIN R
sold
-837,798
396
-2,111
-
2023-06-30
Puckett Jeffrey David
acquired
3,749
354
10.593
chief operating officer
2023-06-30
MILLER BRIAN K
acquired
7,123
354
20.123
executive vp and cfo
2023-06-14
Landrieu Mary L.
sold
-126,244
388
-325
-
2023-06-06
MARR JOHN S JR
sold
-2,749,450
392
-7,000
executive chairman
2023-06-06
MARR JOHN S JR
acquired
1,272,530
181
7,000
executive chairman
2023-06-05
MARR JOHN S JR
acquired
1,272,530
181
7,000
executive chairman

1–10 of 50

Which funds bought or sold TYL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-21
Baystate Wealth Management LLC
unchanged
-
247
1,666
-%
2023-09-20
BARCLAYS PLC
added
62.16
16,767,000
35,307,000
0.02%
2023-09-12
Farther Finance Advisors, LLC
added
5.88
1,467
7,496
-%
2023-09-05
Delos Wealth Advisors, LLC
unchanged
-
1,113
7,497
0.01%
2023-08-25
Yarbrough Capital, LLC
unchanged
-
37,407
251,964
0.01%
2023-08-24
ProVise Management Group, LLC
added
9.55
170,262
764,639
0.07%
2023-08-24
Alberta Investment Management Corp
unchanged
-
74,196
499,764
-%
2023-08-23
Stonebridge Capital Advisors LLC
unchanged
-
433
2,915
-%
2023-08-23
Rehmann Capital Advisory Group
new
-
202,820
202,820
0.02%
2023-08-23
WOLVERINE TRADING, LLC
new
-
331,031
331,031
-%

1–10 of 44

Latest Funds Activity

Are funds buying TYL calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own TYL
No. of Funds

Schedule 13G FIlings of Tyler Tech

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
11.41%
4,752,857
SC 13G/A
Jan 31, 2023
blackrock inc.
7.4%
3,090,957
SC 13G/A
Feb 10, 2022
vanguard group inc
11.07%
4,536,823
SC 13G/A
Jan 27, 2022
blackrock inc.
10.4%
4,243,121
SC 13G/A
Jan 25, 2022
blackrock inc.
10.4%
4,243,121
SC 13G/A
Feb 10, 2021
vanguard group inc
11.09%
4,471,328
SC 13G/A
Jan 27, 2021
blackrock inc.
11.1%
4,483,188
SC 13G/A
Jul 10, 2020
vanguard group inc
11.34%
4,508,634
SC 13G/A
Feb 14, 2020
brown capital management llc
4.76%
1,854,286
SC 13G/A
Feb 12, 2020
vanguard group inc
9.42%
3,673,176
SC 13G/A

Recent SEC filings of Tyler Tech

View All Filings
Date Filed Form Type Document
Sep 18, 2023
4
Insider Trading
Sep 14, 2023
144
Notice of Insider Sale Intent
Sep 06, 2023
4
Insider Trading
Sep 01, 2023
4
Insider Trading
Sep 01, 2023
144
Notice of Insider Sale Intent
Aug 31, 2023
144
Notice of Insider Sale Intent
Aug 30, 2023
144
Notice of Insider Sale Intent
Aug 08, 2023
4/A
Insider Trading
Aug 01, 2023
4/A
Insider Trading
Jul 26, 2023
8-K
Current Report

Peers (Alternatives to Tyler Tech)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.4T
211.9B
-1.68% 33.84%
32.61
11.14
6.88% -0.52%
233.3B
18.4B
-2.56% 79.79%
48.06
12.66
10.40% -0.72%
-
-
4.41% -9.24%
-
-
- -
296.6B
51.0B
-6.69% 68.64%
31.64
5.82
15.41% 61.40%
201.2B
33.1B
-1.49% 40.36%
127.49
6.08
14.81% 194.40%
20.5B
4.5B
1.40% -7.79%
144.88
4.6
3.92% -85.69%
MID-CAP
3.2B
506.6M
-7.67% 4.10%
-20.02
6.23
20.13% -27.36%
12.1B
848.2M
1.87% 51.17%
82.8
14.25
19.21% 23.01%
7.2B
905.3M
8.48% 41.43%
-46.22
7.92
11.41% -3.11%
SMALL-CAP
1.1B
415.3M
-6.69% 14.03%
-6.1
2.75
11.66% -68.02%
779.1M
403.2M
-24.79% 40.13%
-32.52
1.93
0.77% 74.48%
136.5M
309.9M
65.22% -48.52%
-0.74
0.44
-0.26% -219.50%

Tyler Tech News

Best Stocks
First Hawaiian Bank Shows Confidence in Tyler Technologies with ....
Best Stocks,
7 days ago
The Business Journals
Krebs on Security
Business Wire

Returns for TYL

Cumulative Returns on TYL

16.1%


10-Year Cumulative Returns

12.5%


7-Year Cumulative Returns

9.8%


5-Year Cumulative Returns

4.0%


3-Year Cumulative Returns

Risks for TYL

What is the probability of a big loss on TYL?

68.5%


Probability that Tyler Tech stock will be more than 20% underwater in next one year

25.8%


Probability that Tyler Tech stock will be more than 30% underwater in next one year.

11.5%


Probability that Tyler Tech stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does TYL drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Tyler Tech was unfortunately bought at previous high price.

Drawdowns

Financials for Tyler Tech

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue1.9%1,9021,8661,8501,8321,8181,7541,5921,4421,2681,1351,1171,1221,1121,1161,0861,0401,000961935911890
Gross Profit3.8%821791784778769758710661608558543546533530517490471453440429421
  S&GA Expenses73.2%12.007.00136-0.21-1.9875.0011919115611098.00267264267258243231218208198190
EBITDA-100.0%-302318327326297271264252261256255246237234------
EBITDA Margin-100.0%-0.16*0.17*0.18*0.18*0.17*0.17*0.18*0.20*0.23*0.23*0.23*0.22*0.21*0.22*------
Interest Expenses-0.6%-31.43-31.26-28.38-25.26-21.40-27.62-23.30-18.57-13.42-1.32-1.01-1.02---2.03------
Earnings Before Taxes3.1%180175188197197172159164163178175174165160160152150152156161167
EBT Margin-100.0%-0.09*0.10*0.11*0.11*0.10*0.10*0.11*0.13*0.16*0.16*0.16*0.15*0.14*0.15*------
Net Income5.9%164155164188179164161161156184195188189167147131130137147182182
Net Income Margin-100.0%-0.08*0.09*0.10*0.10*0.09*0.10*0.11*0.12*0.16*0.17*0.17*0.17*0.15*0.13*------
Free Cashflow-100.0%-383359344418322338321289350332315273253217------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets1.8%4,6364,5564,6874,6754,7874,7244,7324,6834,6413,2322,6072,4922,3832,2192,1922,0551,9491,9091,7911,8651,760
  Current Assets14.9%8577468478609578609648789291,7001,113991874712680570454402519602502
    Cash Equivalents-9.2%1191311741862532433092342171,25160451935130223316111.0039.0013421993.00
  Net PPE-1.2%166168173175178178181177178169168171175175172170170165155156154
  Goodwill0%2,4892,4892,4892,4492,4502,4412,3602,3552,309852838840840840840826836835754--
Liabilities-0.1%1,8671,8702,0632,1282,3292,3362,4082,482--621----------
  Current Liabilities2.3%854835890812834766830816766525564535494445509477454403424397374
Shareholder's Equity3.1%2,7682,6862,6242,5472,4582,3882,3242,2012,1082,0611,9861,8981,8291,7131,6171,5201,4221,3591,3251,4221,340
  Retained Earnings3.3%1,5181,4691,4381,4071,3541,3141,2741,2191,1751,1491,1121,0581,019965917871830798772740701
  Additional Paid-In Capital2.6%1,2721,2401,2101,1641,1291,0991,0761,010963942905873844798739693716731731725687
Shares Outstanding0%48.0048.0048.0048.0048.0048.0048.0048.0048.0048.0048.0048.0048.0048.0048.0048.0048.0048.0048.0048.0048.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations-23.8%307403381375451354372346310370355343303287255249231230250233213
  Share Based Compensation0.2%10610610310210510410594.0083.0076.0067.0070.0066.0063.0060.0059.0059.0057.0053.0048.0043.00
Cashflow From Investing-1.1%-62.64-61.96-172-131-202-2,162-2,090-2,114-2,042-123-98.32-109-103-65.13-245-219-225-392-238-231-252
Cashflow From Financing16.5%-378-453-344-290-2118011,4251,4851,59870211412514140.0089.00-88.27-87.72-8.60-63.5994.0078.00
  Buy Backs----0.000.00-13.0013.0013.000.0015.0015.0015.0015.0018.001641641641470.000.00

TYL Income Statement

2023-06-30
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues:    
Total revenues$ 504,279$ 468,685$ 976,133$ 924,792
Cost of revenues:    
Total cost of revenues281,102275,237553,119538,926
Gross profit223,177193,448423,014385,866
Sales and marketing expense37,10331,88174,20667,087
General and administrative expense77,68167,820150,041130,509
Research and development expense28,15323,38655,13947,327
Amortization of other intangibles18,36613,60436,77428,318
Operating income61,87456,757106,854112,625
Interest expense(6,387)(6,214)(14,071)(11,018)
Other income, net6432161,889581
Income before income taxes56,13050,75994,672102,188
Income tax provision7,00010,81314,66722,258
Net income$ 49,130$ 39,946$ 80,005$ 79,930
Earnings per common share:    
Basic (in usd per share)$ 1.17$ 0.96$ 1.91$ 1.93
Diluted (in usd per share)$ 1.15$ 0.94$ 1.87$ 1.88
Subscriptions    
Revenues:    
Total revenues$ 297,789$ 255,816$ 578,254$ 501,259
Subscriptions, maintenance, and professional services    
Cost of revenues:    
Total cost of revenues255,789250,168508,204493,000
Maintenance    
Revenues:    
Total revenues116,539116,815231,670233,844
Professional services    
Revenues:    
Total revenues66,42071,937127,349141,952
Software licenses and royalties    
Revenues:    
Total revenues9,77915,00919,90931,515
Cost of revenues:    
Total cost of revenues2,4321,5474,7452,992
Hardware and other    
Revenues:    
Total revenues13,7529,10818,95116,222
Cost of revenues:    
Total cost of revenues11,0618,16116,84113,188
Amortization of software development    
Cost of revenues:    
Total cost of revenues2,8961,3225,4852,486
Amortization of acquired software    
Cost of revenues:    
Total cost of revenues$ 8,924$ 14,039$ 17,844$ 27,260

TYL Balance Sheet

2023-06-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 118,764$ 173,857
Accounts receivable (less allowance for losses and sales adjustments of $19,643 in 2023 and $14,761 in 2022)638,726577,257
Short-term investments19,10037,030
Prepaid expenses70,78350,859
Other current assets9,5078,239
Total current assets856,880847,242
Accounts receivable, long-term8,3108,271
Operating lease right-of-use assets46,82450,989
Property and equipment, net165,721172,786
Other assets:  
Software development costs, net61,22848,189
Goodwill2,489,0842,489,308
Other intangibles, net948,9901,002,164
Non-current investments10,11618,508
Other non-current assets48,39649,960
Assets, Total4,635,5494,687,417
Current liabilities:  
Accounts payable118,534104,813
Accrued liabilities126,557131,941
Operating lease liabilities11,38110,736
Current income tax payable1,90543,667
Deferred revenue565,840568,538
Current portion of term loans30,00030,000
Total current liabilities854,217889,695
Term loans, net243,729362,905
Convertible senior notes due 2026, net595,345594,484
Deferred revenue, long-term1,1642,037
Deferred income taxes109,247148,891
Operating lease liabilities, long-term44,48348,049
Other long-term liabilities19,11316,967
Total liabilities1,867,2982,063,028
Commitments and contingencies00
Shareholders' equity:  
Preferred stock, $10.00 par value; 1,000,000 shares authorized; none issued00
Common stock, $0.01 par value; 100,000,000 shares authorized; 48,147,969 shares issued and outstanding as of June 30, 2023 and December 31, 2022481481
Additional paid-in capital1,272,3151,209,725
Accumulated other comprehensive loss, net of tax(785)(844)
Retained earnings1,517,8591,437,854
Treasury stock, at cost; 6,081,263 and 6,364,991 shares in 2023 and 2022, respectively(21,619)(22,827)
Total shareholders' equity2,768,2512,624,389
Liabilities and Equity, Total$ 4,635,549$ 4,687,417
H. Lynn Moore
6800
Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector. The company operates in three segments: Enterprise Software; Appraisal and Tax; and NIC. It offers financial management solutions, including modular fund accounting systems for government agencies or not-for-profit entities; utility billing systems for the billing and collection of metered and non-metered services; products to automate city and county functions, such as municipal courts, parking tickets, equipment and project costing, animal and business licenses, permits and inspections, code enforcement, citizen complaint tracking, ambulance billing, fleet maintenance, and cemetery records management; and student information and transportation solutions for K-12 schools. The company also provides a suite of judicial solutions comprising court case management, court and law enforcement, prosecutor, and supervision systems to handle multi-jurisdictional county or statewide implementations, and single county systems; public safety software solutions; systems and software to automate the appraisal and assessment of real and personal property, as well as tax applications for agencies that bill and collect taxes; planning, regulatory, and maintenance software solutions for public sector agencies; software applications to enhance and automate operations involving records and document management; and data and insights solutions. In addition, it offers software as a service arrangements and electronic document filing solutions for courts and law offices; software and hardware installation, data conversion, training, product modification, and maintenance and support services; and property appraisal outsourcing services for taxing jurisdictions. The company has a strategic collaboration agreement with Amazon Web Services for cloud hosting services. Tyler Technologies, Inc. was founded in 1966 and is headquartered in Plano, Texas.