Shares of Tyler Technologies, Inc. (NYSE:TYL) have been experiencing an accelerated earnings and sales growth over the past 5 years. Over that time frame the firm has seen earnings growth of 27.70% and sales growth of 19.60%.
While the firm has enjoyed the upward movement, it’s important to look at analyst expectations and where the company is headed from here. On a consensus basis, analysts are projecting EPS growth of 11.38% for next year and have a $192.40 one year price target on the stock. The stock recently traded at $189.63.
Let’s take a look at how the stock has been performing recently. Over the past twelve months, Tyler Technologies, Inc. (NYSE:TYL)‘s stock was 7.11%. Over the last week of the month, it was 2.40%, 5.64% over the last quarter, and 7.67% for the past six months.
Earnings Per Share (EPS):
When a company shows a steady upwards earnings trend, it is a good indicator that the company will dominate companies with a more volatile earnings trend. Tyler Technologies, Inc. (NYSE:TYL)’s EPS is 3.89. Last year, their EPS growth was 58.90% while their EPS growth over the past five years is 27.70%. Analysts are predicting Tyler Technologies, Inc.’s stock to grow 11.38% over the next year and 16.25% over the next five.
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