Monotype Imaging (TYPE) to Release Earnings on Friday
Monotype Imaging (NASDAQ:TYPE) will be posting its quarterly earnings results before the market opens on Friday, February 15th. Analysts expect Monotype Imaging to post earnings of $0.16 per share for the quarter.
TYPE opened at $17.25 on Thursday. Monotype Imaging has a 1-year low of $15.29 and a 1-year high of $26.75. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.62 and a current ratio of 2.62. The company has a market capitalization of $701.61 million, a PE ratio of 32.55 and a beta of 0.99.
A number of research firms have recently weighed in on TYPE. BidaskClub upgraded shares of Monotype Imaging from a “strong sell” rating to a “sell” rating in a research note on Tuesday. B. Riley set a $31.00 price target on shares of Monotype Imaging and gave the company a “buy” rating in a research note on Tuesday, October 30th. ValuEngine upgraded shares of Monotype Imaging from a “sell” rating to a “hold” rating in a research note on Thursday, December 6th. Finally, JPMorgan Chase & Co. upgraded shares of Monotype Imaging from an “underweight” rating to a “neutral” rating in a research note on Friday, November 2nd. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $27.00.
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Monotype Imaging Holdings Inc develops, markets, and licenses technologies and fonts in the United States, the United Kingdom, Germany, Japan, and rest of Asia. The company offers font products, including its own fonts from the Monotype Libraries, as well as fonts from third parties through its e-commerce Websites, including myfonts.com, fonts.com, fontshop.com, and linotype.com.
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