Tyler Technologies (TYL) Competitors

Tyler Technologies (NYSE:TYL) and Cadence Design Systems (NASDAQ:CDNS) are both large-cap computer and technology companies, but which is the better stock? We will compare the two businesses based on the strength of their institutional ownership, community ranking, earnings, risk, media sentiment, profitability, dividends, analyst recommendations and valuation.

Do analysts rate TYL or CDNS?

Tyler Technologies presently has a consensus price target of $674.67, indicating a potential upside of 17.39%. Cadence Design Systems has a consensus price target of $325.23, indicating a potential upside of 1.46%. Given Tyler Technologies' higher probable upside, equities research analysts plainly believe Tyler Technologies is more favorable than Cadence Design Systems.

Company	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Tyler Technologies	0 Sell rating(s)	3 Hold rating(s)	10 Buy rating(s)	0 Strong Buy rating(s)	2.77
Cadence Design Systems	1 Sell rating(s)	1 Hold rating(s)	11 Buy rating(s)	0 Strong Buy rating(s)	2.77

Does the MarketBeat Community prefer TYL or CDNS?

Tyler Technologies received 72 more outperform votes than Cadence Design Systems when rated by MarketBeat users. Likewise, 74.58% of users gave Tyler Technologies an outperform vote while only 71.41% of users gave Cadence Design Systems an outperform vote.

Company	Underperform	Outperform
Tyler Technologies	Outperform Votes 669 74.58%	Underperform Votes 228 25.42%
Cadence Design Systems	Outperform Votes 597 71.41%	Underperform Votes 239 28.59%

Is TYL or CDNS more profitable?

Cadence Design Systems has a net margin of 22.74% compared to Tyler Technologies' net margin of 12.30%. Cadence Design Systems' return on equity of 29.24% beat Tyler Technologies' return on equity.

Company	Net Margins	Return on Equity	Return on Assets
Tyler Technologies	12.30%	10.15%	6.63%
Cadence Design Systems	22.74%	29.24%	16.05%

Does the media favor TYL or CDNS?

In the previous week, Cadence Design Systems had 13 more articles in the media than Tyler Technologies. MarketBeat recorded 41 mentions for Cadence Design Systems and 28 mentions for Tyler Technologies. Cadence Design Systems' average media sentiment score of 1.33 beat Tyler Technologies' score of 0.88 indicating that Cadence Design Systems is being referred to more favorably in the news media.

Company	Very Positive	Positive	Neutral	Negative	Very Negative	Overall Sentiment
Tyler Technologies	16 Very Positive mention(s)	1 Positive mention(s)	4 Neutral mention(s)	1 Negative mention(s)	2 Very Negative mention(s)	Positive
Cadence Design Systems	31 Very Positive mention(s)	1 Positive mention(s)	5 Neutral mention(s)	1 Negative mention(s)	0 Very Negative mention(s)	Positive

Which has more volatility & risk, TYL or CDNS?

Tyler Technologies has a beta of 0.88, suggesting that its stock price is 12% less volatile than the S&P 500. Comparatively, Cadence Design Systems has a beta of 1.04, suggesting that its stock price is 4% more volatile than the S&P 500.

Which has preferable earnings and valuation, TYL or CDNS?

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

Company	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Tyler Technologies	$2.19B	11.31	$263.03M	$6.64	86.55
Cadence Design Systems	$4.87B	17.96	$1.04B	$3.95	81.15

Do insiders and institutionals hold more shares of TYL or CDNS?

93.3% of Tyler Technologies shares are owned by institutional investors. Comparatively, 84.8% of Cadence Design Systems shares are owned by institutional investors. 1.1% of Tyler Technologies shares are owned by company insiders. Comparatively, 2.0% of Cadence Design Systems shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.

Summary

Cadence Design Systems beats Tyler Technologies on 11 of the 17 factors compared between the two stocks.