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Tyler Technologies (TYL) Competitors

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$587.24 +7.07 (+1.22%)
Closing price 03:59 PM Eastern
Extended Trading
$586.74 -0.51 (-0.09%)
As of 04:15 PM Eastern
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TYL vs. CDNS, SNPS, WDAY, ADSK, FICO, ANSS, SSNC, GWRE, FDS, and AZPN

Should you be buying Tyler Technologies stock or one of its competitors? The main competitors of Tyler Technologies include Cadence Design Systems (CDNS), Synopsys (SNPS), Workday (WDAY), Autodesk (ADSK), Fair Isaac (FICO), ANSYS (ANSS), SS&C Technologies (SSNC), Guidewire Software (GWRE), FactSet Research Systems (FDS), and Aspen Technology (AZPN). These companies are all part of the "application software" industry.

Tyler Technologies vs.

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

Cadence Design Systems has a beta of 0.98, suggesting that its stock price is 2% less volatile than the S&P 500. Comparatively, Tyler Technologies has a beta of 0.84, suggesting that its stock price is 16% less volatile than the S&P 500.

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
Cadence Design Systems22.74% 29.24% 16.05%
Tyler Technologies 12.30%10.15%6.63%

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cadence Design Systems$4.87B17.12$1.04B$3.9577.39
Tyler Technologies$2.19B11.56$263.03M$6.6488.44

Tyler Technologies received 72 more outperform votes than Cadence Design Systems when rated by MarketBeat users. Likewise, 74.42% of users gave Tyler Technologies an outperform vote while only 71.41% of users gave Cadence Design Systems an outperform vote.

CompanyUnderperformOutperform
Cadence Design SystemsOutperform Votes
597
71.41%
Underperform Votes
239
28.59%
Tyler TechnologiesOutperform Votes
669
74.42%
Underperform Votes
230
25.58%

Cadence Design Systems currently has a consensus price target of $325.23, suggesting a potential upside of 6.39%. Tyler Technologies has a consensus price target of $680.50, suggesting a potential upside of 15.88%. Given Tyler Technologies' higher probable upside, analysts clearly believe Tyler Technologies is more favorable than Cadence Design Systems.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Cadence Design Systems
1 Sell rating(s)
1 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.77
Tyler Technologies
0 Sell rating(s)
4 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.69

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

In the previous week, Cadence Design Systems had 5 more articles in the media than Tyler Technologies. MarketBeat recorded 27 mentions for Cadence Design Systems and 22 mentions for Tyler Technologies. Cadence Design Systems' average media sentiment score of 1.33 beat Tyler Technologies' score of 0.57 indicating that Cadence Design Systems is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Cadence Design Systems
18 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Tyler Technologies
8 Very Positive mention(s)
2 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Cadence Design Systems beats Tyler Technologies on 12 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} 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$25.32B$27.42B$26.25B$19.81B
Dividend YieldN/A1.60%2.86%3.85%
P/E Ratio96.90120.0745.1835.71
Price / Sales11.5615.962,031.8345.94
Price / Cash55.9786.0634.7417.52
Price / Book7.459.667.084.84
Net Income$263.03M$438.27M$740.66M$1.02B
7 Day Performance2.22%1.33%4.00%2.35%
1 Month Performance4.85%9.06%7.39%5.86%
1 Year Performance23.11%33.45%52,442.62%14.72%

Tyler Technologies Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TYL
Tyler Technologies
4.3959 of 5 stars
$587.24
+1.2%
$680.50
+15.9%
+20.4%$25.32B$2.19B96.907,200Trending News
Insider Trade
Analyst Revision
CDNS
Cadence Design Systems
4.4726 of 5 stars
$292.53
+1.9%
$325.23
+11.2%
+2.5%$79.87B$4.87B75.7810,200Positive News
SNPS
Synopsys
4.6842 of 5 stars
$466.15
+0.5%
$609.64
+30.8%
-13.2%$72.33B$6.22B32.1019,000Positive News
Insider Trade
WDAY
Workday
4.7822 of 5 stars
$247.75
+0.0%
$293.54
+18.5%
+17.3%$65.90B$8.70B41.0917,700Insider Trade
ADSK
Autodesk
4.4289 of 5 stars
$295.26
-0.3%
$337.45
+14.3%
+37.6%$63.17B$6.35B58.5812,600Positive News
FICO
Fair Isaac
4.9463 of 5 stars
$1,750.00
+1.4%
$2,304.15
+31.7%
+33.3%$42.60B$1.84B80.313,400Positive News
Analyst Forecast
ANSS
ANSYS
2.6499 of 5 stars
$332.61
+0.5%
$352.50
+6.0%
+5.5%$29.24B$2.58B50.785,600Positive News
SSNC
SS&C Technologies
4.8706 of 5 stars
$79.33
-1.5%
$91.86
+15.8%
+31.8%$19.57B$5.96B26.4427,600Positive News
GWRE
Guidewire Software
3.5686 of 5 stars
$215.03
+0.0%
$207.42
-3.5%
+98.0%$18.04B$1.08B597.313,380Earnings Report
Insider Trade
FDS
FactSet Research Systems
4.3844 of 5 stars
$457.00
-0.3%
$440.22
-3.7%
+4.1%$17.34B$2.25B32.7611,200
AZPN
Aspen Technology
0.4239 of 5 stars
$264.33
flat
$276.25
+4.5%
N/A$16.73B$1.14B3,304.541,770

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This page (NYSE:TYL) was last updated on 6/10/2025 by MarketBeat.com Staff
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