Analyst Ratings for Monotype Imaging Holdings Inc. (TYPE)

Updated: 2017-07-28

An average rating of Overweight has been given to Monotype Imaging Holdings Inc. (NASDAQ:TYPE) by analysts covering the stock. A consensus rating of Overweight was previously issued for TYPE last month.

5 analysts issued ratings on the stock, where 3 gave TYPE a buy rating, 0 issued an overweight rating, 2 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Compared to three months ago, there has been an decrease of 1 in the number of analysts with a positive outlook on the stock. During this time, the number of analysts bearish on the stock has increased by 0.

Several price targets were given for TYPE by the analysts covering the stock. The maximum price target given was 25, which equates to a potential upside of 35.5 percent. The most pessimistic analyst gave a price target of 21, implying a possible loss of 13.82 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -37.5 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 8.08 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of TYPE's earnings is estimated by analysts to be 49.66 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of TYPE is 1.86.

TYPE has a 52-week high of 24.45 and a 52-week low of 15.75. The current market price is above the trailing year's low by 17.14 percent, and 24.54 percent below the high. TYPE has a P/E ratio of 92.25. Investors typically compare the P/E ratio to a company's peers in the industry. The TYPE value stock report compares TYPE to some of its peers using value stock charts. The market cap of TYPE is $0.7867 billion. TYPE will post this quarters earnings in days, on 0000-00-00.