Tyler Technologies (TYL, Financial) experienced a significant stock movement, with a sharp drop of 1.25% in its share price. The stock is currently trading at $599.82 per share, with a trading volume of 95,752 shares and a turnover rate of 0.22%. The stock's amplitude stands at 2.21%.
Recent financial results for Tyler Technologies show a revenue of $543 million, a net profit of $75.90 million, and earnings per share of $1.78. The company's gross profit was reported at $224 million, with a price-to-earnings (P/E) ratio of 109.83. Among the 21 institutions rating the stock, 67% recommend buying, while 33% suggest holding. No institution advises selling the stock.
The broader software services sector, which includes Tyler Technologies, saw an overall decline of 3.04%. Within this sector, stocks like Alpha Modus Holdings, Inc. and Banzai International, Inc. showed significant gains. Notably, Alpha Modus Holdings, Inc. had a high turnover rate of 905.71%, and Banzai International, Inc. recorded a turnover rate of 460.08%. Stocks with high amplitude in the sector include Alpha Modus Holdings, Inc. and Xbp Europe Holdings Inc.
Tyler Technologies provides comprehensive software solutions and services tailored for cities, counties, schools, courts, and other local government entities. Their main products include Munis, Odyssey, and payment solutions, along with additional modules and outsourced property tax assessment services.
