News articles about Monotype Imaging Holdings (NASDAQ:TYPE) have trended somewhat positive this week, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Monotype Imaging Holdings earned a news sentiment score of 0.04 on Accern’s scale. Accern also assigned press coverage about the software maker an impact score of 47.5497304898674 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
- Monotype Imaging Holdings, Inc. : TYPE-US: Dividend Analysis : July 03rd, 2017 (record date) : By the numbers : August 17, 2017 (finance.yahoo.com)
- $59.33 Million in Sales Expected for Monotype Imaging Holdings Inc. (NASDAQ:TYPE) This Quarter (americanbankingnews.com)
- Zacks: Brokerages Expect Monotype Imaging Holdings Inc. (NASDAQ:TYPE) to Post $0.09 Earnings Per Share (americanbankingnews.com)
- Monotype Imaging Holdings Inc. (TYPE) Director Roger J. Heinen, Jr. Sells 1,500 Shares (americanbankingnews.com)
Monotype Imaging Holdings (NASDAQ TYPE) traded down 0.82% during midday trading on Friday, reaching $18.25. 152,622 shares of the company traded hands. The company has a market capitalization of $723.74 million, a price-to-earnings ratio of 629.31 and a beta of 0.92. The stock’s 50 day moving average is $18.59 and its 200 day moving average is $19.71. Monotype Imaging Holdings has a one year low of $15.75 and a one year high of $24.45.
Monotype Imaging Holdings (NASDAQ:TYPE) last issued its earnings results on Friday, July 28th. The software maker reported $0.08 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.06. Monotype Imaging Holdings had a return on equity of 3.51% and a net margin of 0.61%. The business had revenue of $58.70 million during the quarter, compared to analysts’ expectations of $54.36 million. During the same period in the prior year, the business earned $0.27 EPS. The business’s revenue for the quarter was up 20.5% compared to the same quarter last year. On average, equities analysts anticipate that Monotype Imaging Holdings will post $0.57 earnings per share for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, October 20th. Shareholders of record on Monday, October 2nd will be issued a $0.113 dividend. This represents a $0.45 annualized dividend and a dividend yield of 2.48%. The ex-dividend date of this dividend is Friday, September 29th. Monotype Imaging Holdings’s dividend payout ratio is 1,500.50%.
Several equities analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Monotype Imaging Holdings from a “sell” rating to a “hold” rating in a research report on Wednesday, April 26th. B. Riley lowered shares of Monotype Imaging Holdings from a “buy” rating to a “neutral” rating and set a $21.00 price target on the stock. in a research report on Monday, May 1st. Finally, BidaskClub upgraded shares of Monotype Imaging Holdings from a “sell” rating to a “hold” rating in a research note on Monday, July 24th.
In other news, Director Roger J. Heinen, Jr. sold 1,500 shares of the business’s stock in a transaction on Sunday, July 16th. The stock was sold at an average price of $18.05, for a total value of $27,075.00. Following the completion of the transaction, the director now directly owns 30,640 shares of the company’s stock, valued at approximately $553,052. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders sold a total of 4,500 shares of company stock valued at $83,325 over the last quarter. Company insiders own 2.30% of the company’s stock.
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).
Receive News & Ratings for Monotype Imaging Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Monotype Imaging Holdings Inc. and related companies with our FREE daily email newsletter.