Somewhat Positive Press Coverage Somewhat Unlikely to Impact Monotype Imaging (TYPE) Stock Price

News articles about Monotype Imaging (NASDAQ:TYPE) have been trending somewhat positive on Monday, Accern reports. Accern ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Monotype Imaging earned a daily sentiment score of 0.03 on Accern’s scale. Accern also gave media stories about the software maker an impact score of 45.8586427701201 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the news articles that may have effected Accern Sentiment’s analysis:

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Shares of TYPE opened at $23.45 on Monday. The firm has a market capitalization of $988.01, a price-to-earnings ratio of 44.25, a PEG ratio of 3.13 and a beta of 0.80. The company has a debt-to-equity ratio of 0.28, a quick ratio of 2.26 and a current ratio of 2.26. Monotype Imaging has a 52 week low of $15.75 and a 52 week high of $26.75.

Monotype Imaging (NASDAQ:TYPE) last announced its quarterly earnings data on Friday, February 16th. The software maker reported $0.35 EPS for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.31. The firm had revenue of $65.02 million for the quarter, compared to analyst estimates of $62.45 million. Monotype Imaging had a return on equity of 6.10% and a net margin of 4.90%. The business’s quarterly revenue was up 23.5% compared to the same quarter last year. During the same period last year, the company earned $0.12 EPS. analysts forecast that Monotype Imaging will post 0.5 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 20th. Shareholders of record on Monday, April 2nd will be given a $0.116 dividend. This represents a $0.46 dividend on an annualized basis and a yield of 1.98%. This is a positive change from Monotype Imaging’s previous quarterly dividend of $0.11. The ex-dividend date is Thursday, March 29th. Monotype Imaging’s dividend payout ratio (DPR) is presently 86.79%.

A number of research firms recently commented on TYPE. TheStreet upgraded Monotype Imaging from a “c” rating to a “b” rating in a research report on Friday, February 16th. Zacks Investment Research lowered Monotype Imaging from a “hold” rating to a “sell” rating in a research report on Saturday, February 10th. ValuEngine lowered Monotype Imaging from a “hold” rating to a “sell” rating in a research report on Thursday, February 8th. B. Riley upgraded Monotype Imaging from a “neutral” rating to a “buy” rating and increased their price target for the stock from $24.50 to $31.00 in a research report on Tuesday, February 20th. Finally, BidaskClub lowered Monotype Imaging from a “hold” rating to a “sell” rating in a research report on Friday, January 26th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $27.33.

In other Monotype Imaging news, CAO Janet M. Dunlap sold 1,187 shares of the stock in a transaction on Friday, February 16th. The stock was sold at an average price of $25.00, for a total value of $29,675.00. Following the transaction, the chief accounting officer now directly owns 88,821 shares in the company, valued at approximately $2,220,525. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Steven R. Martin sold 29,000 shares of the stock in a transaction on Monday, March 26th. The shares were sold at an average price of $22.93, for a total value of $664,970.00. Following the completion of the transaction, the executive vice president now directly owns 145,036 shares in the company, valued at approximately $3,325,675.48. The disclosure for this sale can be found here. Insiders sold a total of 53,130 shares of company stock worth $1,203,421 over the last quarter. Corporate insiders own 3.40% of the company’s stock.

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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).

Insider Buying and Selling by Quarter for Monotype Imaging (NASDAQ:TYPE)

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