Tyler Technologies Price Target Increased to $105.00 by Analysts at Northland Securities (TYL)
Analysts at Northland Securities increased their price objective on shares of Tyler Technologies (NYSE:TYL) from $90.00 to $105.00 in a research report issued to clients and investors on Thursday, Analyst RN reports. Northland Securities’ target price points to a potential upside of 14.34% from the company’s current price.
Shares of Tyler Technologies (NYSE:TYL) opened at 91.83 on Thursday. Tyler Technologies has a 52-week low of $41.19 and a 52-week high of $81.93. The stock has a 50-day moving average of $75.76 and a 200-day moving average of $67.74. The company has a market cap of $2.924 billion and a price-to-earnings ratio of 82.21.
Tyler Technologies (NYSE:TYL) last announced its earnings results on Wednesday, October 23rd. The company reported $0.42 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.39 by $0.03. The company had revenue of $107.00 million for the quarter, compared to the consensus estimate of $105.60 million. During the same quarter in the previous year, the company posted $0.33 earnings per share. The company’s revenue for the quarter was up 14.1% on a year-over-year basis. On average, analysts predict that Tyler Technologies will post $1.48 earnings per share for the current fiscal year.
TYL has been the subject of a number of other recent research reports. Analysts at Northland Capital Partners raised their price target on shares of Tyler Technologies from $90.00 to $105.00 in a research note to investors on Thursday. They now have an “outperform” rating on the stock. Separately, analysts at Benchmark Co. raised their price target on shares of Tyler Technologies from $83.00 to $96.00 in a research note to investors on Tuesday, October 1st. They now have a “buy” rating on the stock. Finally, analysts at Zacks downgraded shares of Tyler Technologies from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, September 2nd. They now have a $81.40 price target on the stock. Seven research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Tyler Technologies has a consensus rating of “Hold” and an average price target of $74.44.
Tyler Technologies, Inc (NYSE:TYL) is a provider of integrated information management solutions and services for the public sector, with a focus on local governments.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.