Monster Worldwide, Inc. Common (NYSE:MWW):
Randstad Receives European Commission Approval For Acquisition Of Monster Worldwide.
The company is so far trading up from yesterday’s close of $3.29.
The stock is trading at $3.35 which is just a bit below $3.48, the stock’s 50 day moving average and just above the 200 day moving average of $3.07. The 50 day moving average was down $-0.13 whereas the 200 day moving average was up $0.28 or +8.98%.
As of the latest earnings report the EPS was $-2.77 and is expected to be $-0.05 for the current year with 89,064,000 shares presently outstanding. Next quarter’s EPS is forecasted to be $0.01 and the next full year EPS is projected to be $-0.09.
Several ratings firms have provided guidance on the stock recently. On August 22 the company was rated “Market Underperform” by Avondale Partners a cut from the previous “” rating. On July 11, 2016 the stock rating was set at “Market Perform” in a report from BMO Capital which is down from the previous “Outperform” rating.
On February 12 FBR Capital kept the stock rating at “Market Perform” but lowered the price expectation to $3.50 from $8.00. On February 11 the stock rating was downgraded from “Outperform” to “Market Perform” in a statement from FBR Capital.
October 30 investment analysts at Piper Jaffray left the stock rating at “Neutral” and lowered the price expectation from $7.50 to $7.00. On May 22 analysts at Piper Jaffray released its first research report on the stock giving it an initial rating of “Neutral” and a price target of $7.00.