Tyler Technologies (NYSE:TYL) and ConvergeOne (NASDAQ:CVON) are both computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their profitability, dividends, analyst recommendations, earnings, risk, valuation and institutional ownership.
Insider and Institutional Ownership
92.3% of Tyler Technologies shares are held by institutional investors. Comparatively, 19.0% of ConvergeOne shares are held by institutional investors. 4.7% of Tyler Technologies shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
ConvergeOne pays an annual dividend of $0.08 per share and has a dividend yield of 0.9%. Tyler Technologies does not pay a dividend. ConvergeOne pays out 21.1% of its earnings in the form of a dividend.
Volatility & Risk
Tyler Technologies has a beta of 0.82, indicating that its stock price is 18% less volatile than the S&P 500. Comparatively, ConvergeOne has a beta of 0.55, indicating that its stock price is 45% less volatile than the S&P 500.
This table compares Tyler Technologies and ConvergeOne’s net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
Earnings & Valuation
This table compares Tyler Technologies and ConvergeOne’s revenue, earnings per share and valuation.
|Gross Revenue||Price/Sales Ratio||Net Income||Earnings Per Share||Price/Earnings Ratio|
|Tyler Technologies||$840.66 million||10.07||$163.94 million||$3.18||68.86|
Tyler Technologies has higher earnings, but lower revenue than ConvergeOne. ConvergeOne is trading at a lower price-to-earnings ratio than Tyler Technologies, indicating that it is currently the more affordable of the two stocks.
This is a summary of recent recommendations for Tyler Technologies and ConvergeOne, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
Tyler Technologies currently has a consensus price target of $232.89, suggesting a potential upside of 6.35%. ConvergeOne has a consensus price target of $11.67, suggesting a potential upside of 35.19%. Given ConvergeOne’s stronger consensus rating and higher probable upside, analysts plainly believe ConvergeOne is more favorable than Tyler Technologies.
Tyler Technologies beats ConvergeOne on 12 of the 16 factors compared between the two stocks.
About Tyler Technologies
Tyler Technologies, Inc. provides integrated information management solutions and services for the public sector in the United States and internationally. It operates through two segments, Enterprise Software, and Appraisal and Tax. The company's financial management solutions include modular fund accounting systems for government agencies or not-for-profit entities; and utility billing systems for the billing and collection of metered and non-metered services. It also offers products to automate various city 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. In addition, the company 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, as well as court case management solutions to automate and track various aspects of municipal courts and offices; public safety software solutions; systems and software solutions to automate the appraisal and assessment of real and personal properties, as well as tax applications for agencies that bill and collect taxes; planning, regulatory, and maintenance software solutions for public sector agencies; and software applications to enhance and automate records and document management operations. Further, 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. was founded in 1966 and is based in Plano, Texas.
ConvergeOne Holdings, Inc. provides collaboration and technology solutions for large and medium enterprises in the United States. The company offers unified communications solutions, including communications applications, such as voice, email, presence, chat/text, and video technologies; voice and text messaging solutions; mobility and bring your own device solutions for business continuity with the seamless connection of mobile, landline, cellular, and Wi-Fi enabled devices; conferencing solutions, as well as streaming and recording, and security services; and software integration services. It also provides customer engagement solutions comprising omni-channel, self-service interactive voice recognition and advanced routing, social media, remote agent, end-to-end business intelligence and analytics, workforce optimization, and integration software and cloud connector solutions; and enterprise networking technology solutions, such as mobile device management, routing and switching technology, wireless, and location service applications. In addition, the company offers data center solutions, including design, procurement, implementation, management, and optimization of data center infrastructure assets, as well as server migration and consolidation services; storage management and data management solutions; and virtualization solutions. Further, it provides cloud solutions in private, C1 Cloud, hybrid, and public cloud environments; end-to-end network and data security solutions; and disaster recovery services and solutions, such as business continuity assessment and planning, network availability and data continuity, and recovery and crisis management, as well as FireStorm POV, an security assessment tool. ConvergeOne Holdings, Inc. is headquartered in Eagan, Minnesota.
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