Welcome back to Market on Close. I'm Sam Bartis live on the floor of the New York Stock Exchange. Shares of Open Text hit a 16 months high after Scotia Bank upgraded the stock to outperform and raised its price target to $50 from 35.Shares have now risen over 35% this year. So, it is now time for overlooked stocks and I'm very pleased to say we are joined by Alex Coffee, host of NextGen Investing for a look at Open Tech and exactly why it's up and what the analysts are saying. Alex.Yeah, good uh good aftern ...

分组1 - Tyler Technologies reported quarterly earnings of $2.91 per share, exceeding the Zacks Consensus Estimate of $2.78 per share, and up from $2.4 per share a year ago, representing an earnings surprise of +4.68% [1] - The company achieved revenues of $596.12 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 1.69% and increasing from $540.98 million year-over-year [2] - Over the last four quarters, Tyler Technologies has consistently surpassed consensus EPS estimates four times and revenue estimates three times [2] 分组2 - The stock has underperformed, losing about 4.2% since the beginning of the year, while the S&P 500 has gained 8.3% [3] - The current consensus EPS estimate for the upcoming quarter is $2.81 on revenues of $589.74 million, and for the current fiscal year, it is $11.13 on revenues of $2.33 billion [7] - The Zacks Industry Rank for Internet - Software and Services is in the top 32% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]

Company Performance - Tyler Technologies reported quarterly earnings of $2.78 per share, exceeding the Zacks Consensus Estimate of $2.56 per share, and up from $2.20 per share a year ago, representing an earnings surprise of 8.59% [1] - The company achieved revenues of $565.17 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.65%, compared to $512.36 million in the same quarter last year [2] - Over the last four quarters, Tyler Technologies has consistently surpassed consensus EPS estimates four times and revenue estimates three times [2] Market Comparison - Tyler Technologies shares have declined approximately 2.2% since the beginning of the year, while the S&P 500 has seen a decline of 10.1% [3] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $2.78, with projected revenues of $584.95 million, and for the current fiscal year, the EPS estimate is $11.02 on revenues of $2.32 billion [7] - The estimate revisions trend for Tyler Technologies is currently favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Internet - Software and Services industry, to which Tyler Technologies belongs, is currently ranked in the bottom 28% of over 250 Zacks industries, suggesting that the industry outlook may impact stock performance [8]