Monotype Imaging Holdings Inc. (NASDAQ:TYPE) is scheduled to be issuing its quarterly earnings data before the market opens on Tuesday, October 31st. Analysts expect the company to announce earnings of $0.15 per share for the quarter.
Monotype Imaging Holdings (NASDAQ:TYPE) last posted its quarterly earnings data on Friday, July 28th. The software maker reported $0.08 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.06. Monotype Imaging Holdings had a net margin of 0.61% and a return on equity of 3.51%. The business had revenue of $58.70 million during the quarter, compared to analyst estimates of $54.36 million. During the same quarter last year, the firm posted $0.27 earnings per share. The business’s revenue for the quarter was up 20.5% compared to the same quarter last year. On average, analysts expect Monotype Imaging Holdings to post $0.04 EPS for the current fiscal year and $0.26 EPS for the next fiscal year.
Monotype Imaging Holdings Inc. (TYPE) opened at 22.70 on Monday. The stock has a 50 day moving average of $20.48 and a 200 day moving average of $19.46. The stock has a market cap of $900.21 million, a price-to-earnings ratio of 782.76 and a beta of 0.93. Monotype Imaging Holdings Inc. has a 1-year low of $15.75 and a 1-year high of $24.45.
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A number of equities analysts have weighed in on the company. B. Riley restated a “neutral” rating and issued a $20.00 price target on shares of Monotype Imaging Holdings in a report on Saturday, August 5th. Zacks Investment Research cut Monotype Imaging Holdings from a “buy” rating to a “hold” rating in a report on Wednesday, August 23rd. ValuEngine upgraded Monotype Imaging Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, September 6th. Finally, BidaskClub upgraded Monotype Imaging Holdings from a “sell” rating to a “hold” rating in a report on Monday, July 24th. Five equities research analysts have rated the stock with a hold rating, The company presently has a consensus rating of “Hold” and a consensus target price of $20.50.
In other Monotype Imaging Holdings news, Director Roger J. Heinen, Jr. sold 1,500 shares of the company’s stock in a transaction that occurred on Monday, August 28th. The stock was sold at an average price of $18.25, for a total value of $27,375.00. Following the completion of the transaction, the director now owns 26,140 shares in the company, valued at approximately $477,055. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 2.30% of the stock is owned by corporate insiders.
Monotype Imaging Holdings Company Profile
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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