Monotype Imaging Holdings Inc. (NASDAQ:TYPE) Projected EPS At $0.29 For Next Quarter


Monotype Imaging Holdings Inc. (NASDAQ:TYPE) has a mean price target of $25.75 by market experts. Market leading group First Call has reached this recommendation by considering recommendations of top analysts in the industry. These experts have specified earnings of $0.29 a share for the very next quarter and $1.07 for this year.

Technical View

The technical study of Monotype Imaging Holdings Inc. demonstrates that the 50-day moving average of Monotype Imaging Holdings Inc. (NASDAQ:TYPE) stock is $20.86, and is trading $-0.18 points away or -0.89% from 50-day moving average of $20.86. It is trading $-2.06 or -9.08% away 200-day moving average of $22.74.

The 52-week high of Monotype Imaging Holdings Inc. (NASDAQ:TYPE) was $27.76 while $17.31 is the low mark in the same period. It state Monotype Imaging Holdings Inc. share price has to surge more than $-7.08 to hit 52-week high or drop +19.47% to make a 52-week mark. MA here hints at moving average.

Taking the valuation part to reach the estimation of Monotype Imaging Holdings Inc., investors apply price-to-earnings ratio, which is shortened as P/E ratio. It weighs equity price by the relative expense of the equity. Monotype Imaging Holdings Inc. (NASDAQ:TYPE) ratio came in at 33.63, after dividing current equity price by yearly earnings. Monotype Imaging Holdings Inc. stock recorded a close of $20.68 in last trading session, registering a market cap of $814.32M.

The price-earnings ratio can be seen as a means of regulating the value of per dollar of earnings through the stock market. In concept, by taking the average of P/E over a period of numerous years, one could frame something of a uniform P/E ratio, which can then be understood as a benchmark and utilized to indicate whether or not a share is worth buying.

Investors estimate the Price-to-Earnings-Growth ratio to catch up with a clear view on the firm valuation. For stocks with higher PEG ratio, they are considered as sell option. The undervalued equity displays PEG ratio of 0 or 1. On contrary, the fairly valued equity has ratio of 1 and 2. Monotype Imaging Holdings Inc. (NASDAQ:TYPE) PEG ratio is at 1.28.

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