Monster Worldwide, Inc. Common (NYSE:MWW):
Monster Worldwide Sets Record Date for MNG’s Proposed Consent Solicitation.
The company is trading up by 1.82 percent from yesterday’s close.
It is currently trading at $3.35 a tad under $3.48, the stock’s 50 day moving average and barely above the 200 day moving average of $3.07. The 50 day moving average moved down $-0.13 and the 200 day average was up $0.28.
In 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. Analysts expect next quarter’s EPS to be $0.01 with next year’s EPS anticipated to be $-0.09.
A few brokerage firms have released ratings on the company. On August 22 the company was rated “Market Underperform” in a report from Avondale Partners a cut from the previous “” rating. On July 11, 2016 the stock rating was changed to a “Market Perform” by BMO Capital down from the previous “Outperform” rating.
February 12 investment analysts at FBR Capital kept the company rating at “Market Perform” and lowered the price expectation from $8.00 to $3.50. On February 11 the stock rating was downgraded from “Outperform” to “Market Perform” in an announcement from FBR Capital.
On October 30 Piper Jaffray held the company rating at “Neutral” but moved down the price target to $7.00 from $7.50. On May 22 analysts at Piper Jaffray initiated coverage on MWW with an initial rating of “Neutral” and projecting a price target of $7.00.