How to buy Tyler Technologies (TYL) shares in Australia

Learn how to easily invest in Tyler Technologies shares.

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Tyler Technologies Inc (TYL) is a leading software-application business with stocks listed in the US. It opened the day at US$455 after a previous close of US$453.3. During the day the price has varied from a low of USD449.74 to a high of USD455.99. The latest price was USD453.06 (25 minute delay). Tyler Technologies is listed on the NYSE. All prices are listed in US Dollars.

How to buy shares in Tyler Technologies

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Tyler Technologies. Find the share by name or ticker symbol: TYL. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Tyler Technologies reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$453.3, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Tyler Technologies, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Tyler Technologies. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Tyler Technologies stock price (NYSE:TYL)

Use our graph to track the performance of TYL stocks over time.

Tyler Technologies shares at a glance

Information last updated 2021-06-28.
OpenUS$455
HighUS$455.99
LowUS$449.74
CloseUS$453.06
Previous closeUS$453.3
Change US$-0.24
Change % -0.0529%
Volume 124,924
Information last updated 2022-01-24.
52-week rangeUS$372.8 - US$557.55
50-day moving average US$513.8572
200-day moving average US$475.5492
Target priceUS$564.58
PE ratio 122.0444
Dividend yield N/A (0%)
Earnings per share (TTM) US$3.825

Where to buy Tyler Technologies stock

Name Product Standard brokerage for US shares Currency conversion fee Markets
eToro (global stocks)
US$0
50 pips (US$0.50 for every AU$100 exchanged)
Global shares, US shares, ETFs
Zero brokerage share trading on US, Hong Kong and European stocks with trades as low as $50.
Note: This broker offers CFDs which are volatile investment products and most clients lose money trading CFDs with this provider.
Join the world’s biggest social trading network when you trade stocks, commodities and currencies from the one account.
IG Share Trading
US$0
0.70%
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
US$0
50 pips (US$0.50 for every AU$100 exchanged)
ASX shares, US shares, ETFs
Earn up to 15,000 Qantas frequent flyer points when you transfer an exisiting balance or trade. Offer valid for all new and existing Superhero members until 28 February.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
Saxo Capital Markets (Classic account)
US$4
1%
ASX shares, Global shares, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
SelfWealth (Basic account)
US$9.5
0.60%
ASX shares, US shares
Trade ASX and US shares for a flat fee of $9.50, regardless of the trade size.
New customers receive free access to Community Insights with SelfWealth Premium for the first 90 days. Follow other investors and benchmark your portfolio performance.
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Tyler Technologies stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Tyler Technologies share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

Tyler Technologies price performance over time

Historical closes compared with the last close of $453.06

1 week (2022-01-19) -2.93%
6 months (2021-07-27) -8.05%
1 year (2021-01-27) 5.02%
2 years (2020-01-27) 46.76%
3 years (2019-01-25) 138.75%
5 years (2017-01-27) 203.52%

Is Tyler Technologies under- or over-valued?

Valuing Tyler Technologies stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Tyler Technologies's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Tyler Technologies's P/E ratio

Tyler Technologies's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 122x. In other words, Tyler Technologies shares trade at around 122x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Tyler Technologies's PEG ratio

Tyler Technologies's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.1965. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Tyler Technologies's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Tyler Technologies's EBITDA

Tyler Technologies's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$285.1 million (£0.0 million).

The EBITDA is a measure of a Tyler Technologies's overall financial performance and is widely used to measure a its profitability.

Tyler Technologies financials

Revenue TTM US$1.4 billion
Operating margin TTM 14.44%
Gross profit TTM US$542.5 million
Return on assets TTM 3.63%
Return on equity TTM 7.84%
Profit margin 11.15%
Book value 53.742
Market capitalisation US$19.1 billion

TTM: trailing 12 months

Tyler Technologies share dividends

We're not expecting Tyler Technologies to pay a dividend over the next 12 months.

Have Tyler Technologies's shares ever split?

Tyler Technologies's shares were split on a 3:1 basis on 14 May 1990. So if you had owned 1 share the day before the split, the next day you would own 3 shares. This wouldn't directly have changed the overall worth of your Tyler Technologies shares – just the quantity. However, indirectly, the new 66.7% lower share price could have impacted the market appetite for Tyler Technologies shares which in turn could have impacted Tyler Technologies's share price.

Tyler Technologies share price volatility

Over the last 12 months, Tyler Technologies's shares have ranged in value from as little as US$372.8 up to US$557.55. A popular way to gauge a stock's volatility is its "beta".

TYL.US volatility(beta: 0.69)Avg. volatility(beta: 1.00)LowHigh

Beta measures a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Tyler Technologies's is 0.6918. This would suggest that Tyler Technologies's shares are less volatile than average (for this exchange).

Tyler Technologies overview

Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector in the United States and internationally. The company operates in two segments, Enterprise Software, and Appraisal and Tax. It offers financial management solutions, including modular fund accounting systems for government agencies or not-for-profit entities; utility billing systems for the billing and collection of metered and non-metered services; products to automate city and county functions, such as municipal courts, parking tickets, equipment and project costing, animal and business licenses, permits and inspections, code enforcement, citizen complaint tracking, ambulance billing, fleet maintenance, and cemetery records management; and student information and transportation solutions for K-12 schools. The company also provides a suite of judicial solutions comprising court case management, court and law enforcement, prosecutor, and supervision systems to handle multi-jurisdictional county or statewide implementations, and single county systems; public safety software solutions; systems and software to automate the appraisal and assessment of real and personal property, as well as tax applications for agencies that bill and collect taxes; planning, regulatory, and maintenance software solutions for public sector agencies; software applications to enhance and automate operations involving records and document management; and data and insights solutions. In addition, it offers software as a service arrangements and electronic document filing solutions for courts and law offices; software and hardware installation, data conversion, training, product modification, and maintenance and support services; and property appraisal outsourcing services for taxing jurisdictions. Tyler Technologies, Inc. has a strategic collaboration agreement with Amazon Web Services for cloud hosting services. The company was founded in 1966 and is headquartered in Plano, Texas.

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