Assessing Tyler Technologies: Insights From 7 Financial Analysts
Portfolio Pulse from Benzinga Insights
Tyler Technologies (NYSE:TYL) has been analyzed by 7 financial analysts, showing a range of opinions. Recent ratings include 3 bullish and 4 somewhat bullish, with an average 12-month price target of $480.00, a high of $510.00, and a low of $450.00, marking a 3.6% increase from the previous average of $463.33. Analyst actions include maintaining and raising ratings and price targets. Tyler Technologies offers software solutions for local government entities and has shown a revenue growth of 4.54% as of September 30, 2023. However, it faces challenges with below-average ROE and ROA, but has a strong net margin of 9.5% and a low debt-to-equity ratio of 0.28.
January 04, 2024 | 1:00 pm
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Tyler Technologies has a consensus rating between bullish and somewhat bullish, with an increased average price target of $480. The company's strong net margin and low debt are positives, but it has below-average ROE and ROA.
The positive analyst sentiment and increased price target suggest a potential upside for TYL's stock price in the short term. The company's strong net margin and low debt levels are encouraging signs for investors, although the below-average ROE and ROA may raise some concerns about long-term efficiency and asset utilization. However, the short-term impact is likely to be more influenced by the analyst ratings and price target adjustments.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100