What changed
$TYL — BUY 📊
Tyler Technologies, Inc. provides integrated software and technology management solutions for the public sector in the United States.
🎯 Q2 2026 | Rev $1B | EPS $3.09 vs $3.01 🟢
💡 Consensus likely embeds cautious government budget outlooks, underestimating the stickiness of Tyler's recurring revenue and cross-sell potential. The beat indicates underlying momentum that should lift forward estimates beyond a tepid consensus.
📉 Reward/risk: 2.1:1
🏢 Business Quality: 8/10 - Wide-moat provider of mission-critical SaaS to local governments, with high switching costs, 80%+ recurring revenue, and a deep installed base.
📊 Valuation: cheap — P/E 22.6 vs historical 35–50x and govtech peers 30–40x; estimated EV/EBITDA <20 vs peer 25+; FCF yield >4% supports undervaluation, with...
📊 Our read: BUY. Full analysis →
https://stockduty.xyz/s/TYL0624
Also in play: $CNI $CP $UNP $NSC $CSX $WAB