Tyler Technologies (TYL) Earns News Sentiment Score of 0.12
News coverage about Tyler Technologies (NYSE:TYL) has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tyler Technologies earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave media stories about the technology company an impact score of 43.568259299418 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
- Insider Selling: Tyler Technologies, Inc. (TYL) President Sells 12,000 Shares of Stock (americanbankingnews.com)
- Dustin R. Womble Sells 8,712 Shares of Tyler Technologies, Inc. (TYL) Stock (americanbankingnews.com)
- Tyler Technologies, Inc. (TYL) VP Sells $858,150.00 in Stock (americanbankingnews.com)
- Computer aided dispatch market to reach $1.95 billion by 2022 explored in latest research (whatech.com)
- Tyler Technologies (TYL) Presents At Citi 2017 Global Technology Conference – Slideshow (seekingalpha.com)
Tyler Technologies (TYL) opened at 169.58 on Thursday. The company has a market capitalization of $6.33 billion, a price-to-earnings ratio of 50.80 and a beta of 0.95. Tyler Technologies has a 12-month low of $139.61 and a 12-month high of $182.49. The firm’s 50-day moving average price is $171.01 and its 200 day moving average price is $166.18.
Tyler Technologies (NYSE:TYL) last posted its quarterly earnings data on Wednesday, July 26th. The technology company reported $0.91 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.94 by ($0.03). The company had revenue of $209.12 million during the quarter, compared to analyst estimates of $210.67 million. Tyler Technologies had a net margin of 14.73% and a return on equity of 13.02%. The business’s revenue for the quarter was up 10.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.86 earnings per share. On average, analysts expect that Tyler Technologies will post $3.87 earnings per share for the current year.
Several research analysts have recently issued reports on the company. B. Riley restated a “buy” rating and issued a $184.00 price target on shares of Tyler Technologies in a research report on Friday, July 28th. BidaskClub lowered Tyler Technologies from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 31st. Zacks Investment Research lowered Tyler Technologies from a “strong-buy” rating to a “hold” rating in a research report on Thursday, July 13th. Maxim Group set a $197.00 price target on Tyler Technologies and gave the stock a “buy” rating in a research report on Thursday, July 27th. Finally, Piper Jaffray Companies restated a “buy” rating and issued a $200.00 price target on shares of Tyler Technologies in a research report on Sunday, August 27th. One equities research analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $193.40.
In other news, VP Brian K. Miller sold 4,500 shares of the stock in a transaction dated Thursday, August 31st. The shares were sold at an average price of $172.89, for a total transaction of $778,005.00. Following the transaction, the vice president now owns 55,194 shares of the company’s stock, valued at approximately $9,542,490.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Brian K. Miller sold 1,848 shares of the stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $172.58, for a total transaction of $318,927.84. Following the transaction, the vice president now directly owns 52,657 shares in the company, valued at approximately $9,087,545.06. The disclosure for this sale can be found here. Insiders have sold 269,597 shares of company stock worth $46,127,851 in the last ninety days. Insiders own 10.30% of the company’s stock.
Tyler Technologies Company Profile
Tyler Technologies, Inc is a provider of information management solutions and services for the public sector, with a focus on local governments. The Company operates through two segments: Enterprise Software (ES) segment and The Appraisal and Tax (A&T) segment. ES segment provides municipal and county governments and schools with software systems and services for information technology and automation needs that includes back-office functions, such as financial management, courts and justice processes, public safety, planning regulatory and maintenance, and land and vital records management.
Receive News & Ratings for Tyler Technologies Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tyler Technologies Inc. and related companies with MarketBeat.com's FREE daily email newsletter.