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.

Investment analysts gave a few price targets for TYPE. The most optimistic analyst gave a price target of 25, implying a possible profit of 35.5 percent. The most pessimistic price target was 21, which equates to a potential downside 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.

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. If we look at the last 90 days instead, we find a net average change of 8.08 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of TYPE's earnings is estimated by analysts to be 49.66 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. TYPE has a PEG ratio of 1.86.

In the last 52-weeks, TYPE has achieved a high of 24.45 and a low of 15.75. Currently the stock is 17.14 percent higher than its low, and 24.54 percent lower than its 52-week high. 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.