Home News Recent Change: Monotype Imaging (NASDAQ: TYPE)

Recent Change: Monotype Imaging (NASDAQ: TYPE)

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Monotype Imaging is part of the application software industry and is part of the technology sector. The company CEO is Scott E. Landers. Monotype Imaging Inc is a provider of type, technology and expertise for creative applications and consumer electronics, or CE, devices. The business is organized as Creative Professional and Original equipment manufacturers OEM.

Previous Intraday Trading Performance:

The TYPE stock showed a previous change of 0.74% with an open at 16.25 and a close of 16.34. It reached an intraday high of 16.41 and a low of 16.21.

Business Wire:  New Brand Type Assessment Service from the Monotype Studio Helps Brands Determine Impact and Value of their Current Typography System

Liquidity:

The stock has a market cap of $676.0m with 41.4m shares outstanding, of which the float is 39.0m shares. Trading volume reached 123,846 shares compared to its average volume of 298,937 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Monotype Imaging shares returned 1.05% and in the past 30 trading days it returned -3.83%. Over three months, it changed -17.78%. In one year it has changed -22.82% and within that year its 52-week high was 22.30 and its 52-week low was 15.29. TYPE stock is 6.87% above its 52 Week Low.

Our calculations show a 200 day moving average of 18.12 and a 50 day moving average of 17.93. Currently TYPE stock is trading -9.85% below its 200 day moving average and may not be a good opportunity to buy as it may continue to trend down.

Business Wire:  New Brand Type Assessment Service from the Monotype Studio Helps Brands Determine Impact and Value of their Current Typography System

Earnings:

The last annual fiscal EPS for the company was reported at 0.3 that ended on 31st of December 2018, which according to the previous close, that is a PE of 54.47. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.13. The TTM EPS is 0.79, which comes to a TTM PE of 20.68. Historically, the PE high was 99.10 and the PE low was 20.68. TYPE stock has set a new PE low record!

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/26/2019): 0.06
4thQtr of 2018 (Reported on 02/15/2019): 0.23
3rdQtr of 2018 (Reported on 11/02/2018): 0.08
2ndQtr of 2018 (Reported on 07/27/2018): 0.02
1stQtr of 2018 (Reported on 04/27/2018): -0.03

The dividend per share is currently 0.46, which is a dividend yield of 2.84%. Also, the payout ratio is 58.73%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 34.39, which means it is possibly undervalued and has a margin of safety of 52.49%.

Indicators to Watch:

The current calculated beta is 0.95.

SeekingAlpha:  TTGT +4%, FBC +1.8% on moves to SmallCap 600

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 4.82%, return on assets is 3.12%, profit margin is 6.71%, price-to-sales is 2.78 and price-to-book is 2.07.

Company Scores:

All scores are out of six:
 4  :Valuation Score
 2  :Past Performance Score
 4  :Financial Strength Score
 2  :Future Growth Score
 1  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.