27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
Across the recent three months, 10 analysts have shared their insights on Tyler Technologies (NYSE:TYL), expressing a variety of opinions spanning from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 3 | 6 | 1 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 2 | 3 | 1 | 0 | 0 |
| 2M Ago | 1 | 1 | 0 | 0 | 0 |
| 3M Ago | 0 | 1 | 0 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Tyler Technologies, presenting an average target of $491.5, a high estimate of $526.00, and a low estimate of $434.00. Witnessing a positive shift, the current average has risen by 5.3% from the previous average price target of $466.75.
Investigating Analyst Ratings: An Elaborate Study
The perception of Tyler Technologies by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Trevor Walsh | JMP Securities | Maintains | Market Outperform | $490.00 | - |
| Peter Heckmann | DA Davidson | Raises | Neutral | $434.00 | $412.00 |
| Trevor Walsh | JMP Securities | Maintains | Market Outperform | $490.00 | - |
| Clarke Jeffries | Piper Sandler | Raises | Overweight | $520.00 | $480.00 |
| Joshua Reilly | Needham | Maintains | Buy | $500.00 | - |
| Alexei Gogolev | JP Morgan | Raises | Overweight | $526.00 | $500.00 |
| Joshua Reilly | Needham | Raises | Buy | $500.00 | $475.00 |
| Trevor Walsh | JMP Securities | Maintains | Market Outperform | $490.00 | - |
| Joshua Reilly | Needham | Maintains | Buy | $475.00 | - |
| Trevor Walsh | JMP Securities | Announces | Market Outperform | $490.00 | - |
Key Insights:
- Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to Tyler Technologies. This insight gives a snapshot of analysts' perspectives on the current state of the company.
- Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Tyler Technologies compared to the broader market.
- Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Tyler Technologies's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.
Capture valuable insights into Tyler Technologies's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Tyler Technologies analyst ratings.
Get to Know Tyler Technologies Better
Tyler Technologies provides a full suite of software solutions and services that address the needs of cities, counties, schools, courts and other local government entities. The company's three core products are Munis, which is the core ERP system, Odyssey, which is the court management system, or CMS, and payments. The company also provides a variety of add-on modules and offers outsourced property tax assessment services.
A Deep Dive into Tyler Technologies's Financials
Market Capitalization Analysis: The company's market capitalization is below the industry average, suggesting that it is relatively smaller compared to peers. This could be due to various factors, including perceived growth potential or operational scale.
Revenue Growth: Tyler Technologies's revenue growth over a period of 3 months has been noteworthy. As of 31 December, 2023, the company achieved a revenue growth rate of approximately 6.35%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 8.09%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): Tyler Technologies's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 1.34%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): Tyler Technologies's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.84%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: Tyler Technologies's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.24.
Analyst Ratings: Simplified
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
27% profits every 20 days?
This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.
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