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

Tyler Technologies (NYSE:TYL) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 10.900-11.150 for the period, compared to the consensus earnings per share 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.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on TYL shares. Oppenheimer increased their price target on Tyler Technologies from $625.00 to $700.00 and gave the company an “outperform” rating in a report on Friday, October 25th. DA Davidson restated a “neutral” rating and issued a $575.00 target price on shares of Tyler Technologies in a report on Thursday, January 30th. Wells Fargo & Company reiterated an “equal weight” rating and set a $615.00 price target (down previously from $670.00) on shares of Tyler Technologies in a report on Tuesday, January 7th. Needham & Company LLC reissued a “buy” rating and set a $700.00 price target on shares of Tyler Technologies in a research report on Tuesday, January 21st. Finally, Barclays raised their price objective on shares of Tyler Technologies from $700.00 to $705.00 and gave the stock an “overweight” rating in a research report on Friday, October 25th. Four research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $645.69.

Tyler Technologies Trading Up 0.3 %

TYL stock traded up $1.54 during mid-day trading on Wednesday, hitting $611.01. 398,573 shares of the company were exchanged, compared to its average volume of 227,132. The business has a fifty day simple moving average of $595.96 and a 200-day simple moving average of $593.19. The firm has a market capitalization of $26.15 billion, a P/E ratio of 111.50, a PEG ratio of 4.78 and a beta of 0.78. Tyler Technologies has a 12-month low of $397.80 and a 12-month high of $638.56. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 0.18.

Tyler Technologies (NYSE:TYL) last posted its quarterly earnings data on Wednesday, February 12th. The technology company reported $1.87 earnings per share 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%. On average, equities research analysts predict that Tyler Technologies will post 7.36 earnings per share for the current fiscal year.

Insider Transactions at Tyler Technologies

In other Tyler Technologies news, insider John S. Marr, Jr. sold 12,000 shares of the stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $613.66, for a total transaction of $7,363,920.00. Following the sale, the insider now directly owns 6,983 shares in the company, valued at $4,285,187.78. This represents a 63.21 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Brian K. Miller sold 6,752 shares of the business’s stock in a transaction on Friday, December 13th. The stock was sold at an average price of $613.75, for a total transaction of $4,144,040.00. Following the completion of the transaction, the chief financial officer now owns 11,918 shares of the company’s stock, valued at approximately $7,314,672.50. This trade represents 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 ninety days. Company insiders own 2.20% of the company’s stock.

About Tyler Technologies

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.