Tyler Technologies Inc Announces Key Executive Leadership Changes
TYL Stock | USD 563.54 12.30 2.14% |
About 62% of Tyler Technologies' investor base is looking to short. The analysis of the overall prospects from investing in Tyler Technologies suggests that many traders are, at the present time, alarmed. Tyler Technologies' investing sentiment shows overall attitude of investors towards Tyler Technologies.
Tyler |
Tyler Technologies Inc , a leading provider of integrated software and technology services for the public sector, announced significant changes to its exec
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Tyler Technologies Fundamental Analysis
We analyze Tyler Technologies' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tyler Technologies using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tyler Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Net Income
Net Income Comparative Analysis
Tyler Technologies is currently under evaluation in net income category among its peers. Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Tyler Technologies Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Tyler Technologies stock to make a market-neutral strategy. Peer analysis of Tyler Technologies could also be used in its relative valuation, which is a method of valuing Tyler Technologies by comparing valuation metrics with similar companies.
Peers
Tyler Technologies Related Equities
SAP | S A P | 1.00 | ||||
AZPN | Aspen Technology | 0.07 | ||||
BLKB | Blackbaud | 0.04 | ||||
SSNC | SSC Technologies | 0.16 | ||||
ANSS | ANSYS | 0.82 | ||||
PTC | PTC | 0.94 | ||||
BSY | Bentley Systems | 0.96 | ||||
MANH | Manhattan Associates | 1.16 | ||||
CWAN | Clearwater Analytics | 1.25 | ||||
ROP | Roper Technologies, | 1.47 | ||||
CDNS | Cadence Design | 2.10 | ||||
ENFN | Enfusion | 2.40 | ||||
DSGX | Descartes Systems | 2.54 | ||||
PCTY | Paylocity Holdng | 2.75 | ||||
PYCR | Paycor HCM | 3.02 |
Check out Tyler Technologies Hype Analysis, Tyler Technologies Correlation and Tyler Technologies Performance. For more information on how to buy Tyler Stock please use our How to buy in Tyler Stock guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tyler Technologies. If investors know Tyler will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tyler Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Tyler Technologies is measured differently than its book value, which is the value of Tyler that is recorded on the company's balance sheet. Investors also form their own opinion of Tyler Technologies' value that differs from its market value or its book value, called intrinsic value, which is Tyler Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tyler Technologies' market value can be influenced by many factors that don't directly affect Tyler Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tyler Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tyler Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tyler Technologies' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.