Q: hello 5i:
looking at valuations, would price would you say TYL becomes very interesting at?
thanks
Paul L
looking at valuations, would price would you say TYL becomes very interesting at?
thanks
Paul L
5i Research Answer:
TYL has been on solid momentum recently as the company continues to gradually reaccelerate topline growth and profitability through execution. TYL is a high-quality acquisitive growth company that is quite similar to CSU. That being said, we prefer to own CSU over TYL due to its cheaper valuation and more consistent operating results over time. We would find $560 interesting, but note this answer is before its Q3 earnings report, which could cause price volatility.