Stock To Watch: Tyler Technologies, Inc. (NYSE:TYL)


The leading market experts have placed a mean price target of $180.17 on Tyler Technologies, Inc. (NYSE:TYL) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.90 a share for the upcoming quarter and $3.48 for the current fiscal.

Technical View

The technical analysis of Tyler Technologies, Inc. Common plainly substantiates that the 50-day moving average of Tyler Technologies, Inc. Common is $164.74, and stock is trading $-2.49 points away or -1.51% from its 50-day moving average of $164.74. Further it is trading $16.19 or +11.08% away its 200-day moving average of $146.05. Tyler Technologies, Inc. (NYSE:TYL) 52-week high is $184.01 and the 52-week low is $118.16.

This explains if the stock moves $-21.77, it will post a 52-week high. In event of +37.31% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Tyler Technologies, Inc. Common, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Tyler Technologies, Inc. (NYSE:TYL) ratio came in at 94.55.

The stock last ended the trading session at $162.24 and registered a market cap of $5.90B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Tyler Technologies, Inc. (NYSE:TYL) PEG ratio is at 2.63.

1 Chart Pattern Every Investor Should Know

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