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.
Many analysts weighed in on price targets for TYPE. The highest price target 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. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. 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.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 0 analysts revised their estimates downwards. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their estimates.
Analysts estimate earnings of TYPE to grow at a rate of 49.66 percent. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. TYPE has a PEG ratio of 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 price/earnings 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's next earnings release will be on 0000-00-00, which is days away.