GARP Research Reiterates a 'Buy' on Monotype Imaging (TYPE); Compelling Value with Strong Growth Potential

May 11, 2012 1:01 PM EDT
Get Alerts TYPE Hot Sheet
Price: $21.05 --0%

Rating Summary:
    5 Buy, 3 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 30 | Down: 30 | New: 23
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GARP Research reiterates a 'Buy' on Monotype Imaging (NASDAQ: TYPE).

Analyst, Rob Furlong, said, "Shares of Monotype Imaging have collapsed more than 15% YTD and now trade at 13x 2012 consensus EPS of 99ยข (excluding share-based comp). We think this is an extremely compelling opportunity for what is basically a monopoly that could grow earnings in excess of 20% annually for the next few years."

For an analyst ratings summary and ratings history on Monotype Imaging click here. For more ratings news on Monotype Imaging click here.

Shares of Monotype Imaging closed at $13.08 yesterday.

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