Somewhat Favorable News Coverage Somewhat Unlikely to Affect Monotype Imaging (TYPE) Share Price

News articles about Monotype Imaging (NASDAQ:TYPE) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Monotype Imaging earned a media sentiment score of 0.03 on Accern’s scale. Accern also assigned media coverage about the software maker an impact score of 45.8586427701201 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the news headlines that may have effected Accern Sentiment’s scoring:

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Shares of Monotype Imaging stock opened at $23.45 on Monday. The firm has a market cap of $988.01, a P/E ratio of 44.25, a price-to-earnings-growth ratio of 3.13 and a beta of 0.80. Monotype Imaging has a 12 month low of $15.75 and a 12 month high of $26.75. 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 (NASDAQ:TYPE) last released its earnings results on Friday, February 16th. The software maker reported $0.35 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.04 by $0.31. The firm had revenue of $65.02 million during the quarter, compared to analysts’ expectations of $62.45 million. Monotype Imaging had a return on equity of 6.10% and a net margin of 4.90%. The company’s revenue was up 23.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.12 EPS. analysts expect that Monotype Imaging will post 0.5 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, April 20th. Shareholders of record on Monday, April 2nd will be issued a dividend of $0.116 per share. This represents a $0.46 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date of this dividend is Thursday, March 29th. This is a boost from Monotype Imaging’s previous quarterly dividend of $0.11. Monotype Imaging’s dividend payout ratio is 86.79%.

A number of research analysts have recently weighed in on TYPE shares. BidaskClub raised Monotype Imaging from a “sell” rating to a “hold” rating in a research note on Monday, February 5th. Zacks Investment Research downgraded Monotype Imaging from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd. B. Riley raised Monotype Imaging from a “neutral” rating to a “buy” rating and increased their price target for the company from $24.50 to $31.00 in a research note on Tuesday, February 20th. ValuEngine raised Monotype Imaging from a “sell” rating to a “hold” rating in a research note on Tuesday, February 20th. Finally, TheStreet raised Monotype Imaging from a “c” rating to a “b” rating in a research note on Friday, February 16th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $27.33.

In other Monotype Imaging news, EVP Steven R. Martin sold 21,943 shares of the stock in a transaction dated Tuesday, April 3rd. The stock was sold at an average price of $22.17, for a total transaction of $486,476.31. Following the completion of the transaction, the executive vice president now owns 116,488 shares in the company, valued at approximately $2,582,538.96. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Janet M. Dunlap sold 1,187 shares of the stock in a transaction dated 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 owns 88,821 shares of the company’s stock, valued at approximately $2,220,525. The disclosure for this sale can be found here. In the last quarter, insiders have sold 53,130 shares of company stock valued at $1,203,421. Corporate insiders own 3.40% of the company’s stock.

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Monotype Imaging 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).

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

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