Head-To-Head Analysis: Okta (OKTA) vs. Tyler Technologies (TYL)
Okta (NASDAQ: OKTA) and Tyler Technologies (NYSE:TYL) are both mid-cap computer and technology companies, but which is the better stock? We will compare the two companies based on the strength of their analyst recommendations, dividends, earnings, valuation, profitability, risk and institutional ownership.
This table compares Okta and Tyler Technologies’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Insider & Institutional Ownership
15.1% of Okta shares are held by institutional investors. Comparatively, 91.0% of Tyler Technologies shares are held by institutional investors. 10.3% of Tyler Technologies shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.
Earnings and Valuation
This table compares Okta and Tyler Technologies’ top-line revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||EBITDA||Earnings Per Share||Price/Earnings Ratio|
|Okta||$205.10 million||13.06||-$92.26 million||N/A||N/A|
|Tyler Technologies||$796.44 million||7.95||$175.52 million||$3.02||56.24|
Tyler Technologies has higher revenue and earnings than Okta.
This is a breakdown of current ratings for Okta and Tyler Technologies, as provided by MarketBeat.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Okta presently has a consensus target price of $32.00, indicating a potential upside of 11.81%. Tyler Technologies has a consensus target price of $191.50, indicating a potential upside of 12.76%. Given Tyler Technologies’ stronger consensus rating and higher probable upside, analysts clearly believe Tyler Technologies is more favorable than Okta.
Tyler Technologies beats Okta on 10 of the 11 factors compared between the two stocks.
Okta, Inc. is a United States-based independent provider of identity for the enterprise. The Company’s Okta Identity Cloud connects and protects employees. It also connects enterprises to their partners, suppliers and customers. The Company offers products, such as Okta information technology (IT) Products and Okta for Developers. Its Okta IT Products include Single Sign-On, Mobility Management, Adaptive Multi-Factor Authentication, Lifecycle Management and Universal Directory. The Okta for Developers include Complete Authentication, User Management, Application Programming Interface (API) Access Management and Developer Tools. The Company offers solutions, such as access applications across multiple domains; cloud applications on mobile devices; connecting to distributor and supplier identities; employee single sign-on (SSO) to applications; employee system of record; secure customer identity management; secure infrastructure and services, and mobile device lifecycle automation.
About Tyler Technologies
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. A&T segment provides systems and software that automate the appraisal and assessment of real and personal property, as well as property appraisal outsourcing services for local governments and taxing authorities.
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