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 most optimistic analyst gave a price target of 25, which equates to a potential upside of 35.5 percent. The lowest price target was 21, which equates to a potential downside of 13.82 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -37.5 percent. 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 made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's estimates.

TYPE has an estimated earnings growth rate of 49.66 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of TYPE is 1.86.

In the trailing 52-weeks, TYPE hit 24.45 at the highest peak, while it's lowest trading point was 15.75. Currently the stock is 17.14 percent higher than its low, and below the high by 24.54 percent. 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.