Alert: New Earnings Report (10/23/24)-Tyler Technologies Inc (NYSE: TYL).

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Tyler Technologies Inc (NYSE: TYL) has reported earnings for its third fiscal quarter (ending September 30) of $1.78 versus $1.12 for the same period a year ago. For the latest four quarters through September 30, E.P.S. were $5.56 compared to $3.77 a year ago.

Recent Price Action

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Tyler Technologies Inc (NYSE: TYL) stock closed at $582.22 on 10/23/24 after a slight decline of -0.6%. Moreover, above average trading volume at 134% of normal accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -3.1% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, TYL is expected to continue to be an important Value Builder.

Tyler Technologies has a current Value Trend Rating of C (Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Tyler Technologies has a poor Appreciation Score of 20 but a very high Power Rating of 91, leading to the Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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