Tyler Technologies (TYL) Competitors

$465.21
+4.47 (+0.97%)
(As of 04/29/2024 ET)

TYL vs. SSNC, MANH, MSTR, GWRE, INFA, ANSS, ADSK, CHKP, OKTA, and BSY

Should you be buying Tyler Technologies stock or one of its competitors? The main competitors of Tyler Technologies include SS&C Technologies (SSNC), Manhattan Associates (MANH), MicroStrategy (MSTR), Guidewire Software (GWRE), Informatica (INFA), ANSYS (ANSS), Autodesk (ADSK), Check Point Software Technologies (CHKP), Okta (OKTA), and Bentley Systems (BSY). These companies are all part of the "prepackaged software" industry.

Tyler Technologies vs.

SS&C Technologies (NASDAQ:SSNC) and Tyler Technologies (NYSE:TYL) are both large-cap computer and technology companies, but which is the better investment? We will contrast the two businesses based on the strength of their valuation, earnings, dividends, community ranking, media sentiment, profitability, risk, institutional ownership and analyst recommendations.

97.0% of SS&C Technologies shares are held by institutional investors. Comparatively, 93.3% of Tyler Technologies shares are held by institutional investors. 15.4% of SS&C Technologies shares are held by insiders. Comparatively, 1.5% of Tyler Technologies shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

SS&C Technologies received 59 more outperform votes than Tyler Technologies when rated by MarketBeat users. Likewise, 76.16% of users gave SS&C Technologies an outperform vote while only 74.67% of users gave Tyler Technologies an outperform vote.

CompanyUnderperformOutperform
SS&C TechnologiesOutperform Votes
687
76.16%
Underperform Votes
215
23.84%
Tyler TechnologiesOutperform Votes
628
74.67%
Underperform Votes
213
25.33%

SS&C Technologies has a net margin of 11.46% compared to SS&C Technologies' net margin of 9.50%. Tyler Technologies' return on equity of 17.24% beat SS&C Technologies' return on equity.

Company Net Margins Return on Equity Return on Assets
SS&C Technologies11.46% 17.24% 6.48%
Tyler Technologies 9.50%9.35%5.83%

SS&C Technologies has higher revenue and earnings than Tyler Technologies. SS&C Technologies is trading at a lower price-to-earnings ratio than Tyler Technologies, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
SS&C Technologies$5.50B2.78$607.10M$2.5124.67
Tyler Technologies$1.95B10.12$165.92M$4.42105.25

In the previous week, Tyler Technologies had 11 more articles in the media than SS&C Technologies. MarketBeat recorded 40 mentions for Tyler Technologies and 29 mentions for SS&C Technologies. SS&C Technologies' average media sentiment score of 0.68 beat Tyler Technologies' score of 0.59 indicating that Tyler Technologies is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
SS&C Technologies
8 Very Positive mention(s)
2 Positive mention(s)
10 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Tyler Technologies
12 Very Positive mention(s)
6 Positive mention(s)
12 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

SS&C Technologies has a beta of 1.43, indicating that its stock price is 43% more volatile than the S&P 500. Comparatively, Tyler Technologies has a beta of 0.81, indicating that its stock price is 19% less volatile than the S&P 500.

SS&C Technologies currently has a consensus target price of $70.20, indicating a potential upside of 13.37%. Tyler Technologies has a consensus target price of $480.60, indicating a potential upside of 3.31%. Given Tyler Technologies' higher probable upside, equities research analysts plainly believe SS&C Technologies is more favorable than Tyler Technologies.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
SS&C Technologies
0 Sell rating(s)
3 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.67
Tyler Technologies
0 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.78

Summary

SS&C Technologies beats Tyler Technologies on 11 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding TYL and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TYL vs. The Competition

MetricTyler TechnologiesPrepackaged software IndustryComputer SectorNYSE Exchange
Market Cap$19.75B$20.88B$19.36B$17.44B
Dividend YieldN/A2.18%2.76%3.55%
P/E Ratio105.2575.18217.4323.11
Price / Sales10.129.82517.0810.52
Price / Cash46.3466.9228.3015.39
Price / Book6.679.927.015.04
Net Income$165.92M$366.25M$629.71M$962.63M
7 Day Performance13.08%3.80%3.14%1.77%
1 Month Performance9.46%-3.18%-2.60%-3.30%
1 Year Performance22.74%20.80%16.97%95.08%

Tyler Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SSNC
SS&C Technologies
4.9592 of 5 stars
$60.98
-0.4%
$70.78
+16.1%
+4.6%$15.08B$5.50B25.6226,000Analyst Report
Short Interest ↓
News Coverage
MANH
Manhattan Associates
4.9351 of 5 stars
$230.63
+1.0%
$231.29
+0.3%
+26.2%$14.20B$928.72M81.784,580Short Interest ↓
Analyst Revision
MSTR
MicroStrategy
4.4397 of 5 stars
$1,338.64
+1.1%
$1,473.00
+10.0%
+290.5%$22.72B$496.26M47.501,934Gap Down
GWRE
Guidewire Software
1.8802 of 5 stars
$113.77
+3.6%
$115.11
+1.2%
+49.0%$9.37B$905.34M-183.503,415Short Interest ↑
INFA
Informatica
3.5444 of 5 stars
$31.39
-0.3%
$35.45
+12.9%
+107.7%$9.26B$1.60B-68.245,000Upcoming Earnings
Short Interest ↑
ANSS
ANSYS
4.0601 of 5 stars
$325.97
+0.4%
$323.86
-0.6%
+6.3%$28.46B$2.27B56.896,200Upcoming Earnings
Short Interest ↓
ADSK
Autodesk
4.9495 of 5 stars
$217.93
+0.4%
$272.44
+25.0%
+11.9%$46.62B$5.50B51.7613,700Analyst Downgrade
Short Interest ↓
News Coverage
CHKP
Check Point Software Technologies
4.404 of 5 stars
$160.80
+1.3%
$160.16
-0.4%
+18.7%$19.42B$2.41B22.586,450Earnings Report
Analyst Report
OKTA
Okta
3.2917 of 5 stars
$94.37
+1.2%
$100.39
+6.4%
+34.7%$15.80B$2.26B-43.495,908
BSY
Bentley Systems
4.3523 of 5 stars
$54.42
+2.3%
$58.44
+7.4%
+26.9%$15.55B$1.23B54.975,200Short Interest ↑

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This page (NYSE:TYL) was last updated on 4/29/2024 by MarketBeat.com Staff

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