Monster Worldwide, Inc. Common (NYSE:MWW):
Monster Worldwide Reports Third Quarter 2016 Financial Results.
In the market the company is trading up since yesterday’s close of $3.29.
The stock is trading at $3.35 a tad under $3.48, the 50 day moving average and slightly over the 200 day moving average of $3.07. The 50 day moving average went down by -3.63% 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 projected to be $-0.05 for the current year with 89,064,000 shares presently outstanding. Next quarter’s EPS is expected be $0.01 and the next full year EPS is anticipated to be $-0.09.
Wall Street analysts have weighed in on the company. On August 22 the company was changed to a “Market Underperform” by Avondale Partners which is down from the previous “” rating. On July 11 the company was downgraded to “Market Perform” from “Outperform” in a statement from BMO Capital.
On February 12 FBR Capital kept the company rating at “Market Perform” but lowered the price expectation from $8.00 to $3.50. On February 11, 2016 the stock rating was rated “Market Perform” according to a FBR Capital report a cut from the previous “Outperform” rating.
October 30 investment analysts at Piper Jaffray maintained a stock rating of “Neutral” and lowered the price expectation to $7.00 from $7.50. On May 22, 2015 Piper Jaffray starting coverage on the stock with an initial rating of “Neutral” and setting a price target of $7.00.