Monotype Imaging (TYPE) to Release Earnings on Friday
Monotype Imaging (NASDAQ:TYPE) will be releasing its earnings data before the market opens on Friday, February 16th. Analysts expect Monotype Imaging to post earnings of $0.08 per share for the quarter.
Monotype Imaging (NASDAQ:TYPE) opened at $23.40 on Thursday. The company has a quick ratio of 2.43, a current ratio of 2.43 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $974.50, a P/E ratio of 122.89, a price-to-earnings-growth ratio of 3.46 and a beta of 0.87. Monotype Imaging has a 1 year low of $15.75 and a 1 year high of $25.77.
Several brokerages have commented on TYPE. BidaskClub raised Monotype Imaging from a “sell” rating to a “hold” rating in a research report on Monday, February 5th. B. Riley lifted their price target on Monotype Imaging from $20.00 to $24.50 and gave the stock a “neutral” rating in a research report on Wednesday, November 1st. JPMorgan Chase & Co. cut Monotype Imaging from a “neutral” rating to an “underweight” rating and set a $24.00 price objective on the stock. in a research report on Tuesday, December 12th. ValuEngine cut Monotype Imaging from a “hold” rating to a “sell” rating in a research report on Thursday, February 8th. Finally, Zacks Investment Research cut Monotype Imaging from a “hold” rating to a “sell” rating in a research report on Saturday, February 10th. Three analysts have rated the stock with a sell rating and two have issued a hold rating to the company’s stock. Monotype Imaging presently has an average rating of “Sell” and an average price target of $23.17.
About Monotype Imaging
Monotype Imaging Holdings Inc is engaged in the development, marketing and licensing of technologies and fonts. The Company empowers expression and engagement for creatives, designers, engineers and marketers. It organizes its business operations into two areas: creative professionals and original equipment manufacturer (OEM).
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