Monster Worldwide, Inc. Common (NYSE:MWW):
Monster Worldwide annonce ses rÃ©sultats financiers du troisiÃ¨me trimestre 2016.
The company is trading up by 1.82 percent from yesterday’s close.
Shares last traded at $3.35 a tad under $3.48, the stock’s 50 day moving average and which is marginally over the 200 day moving average of $3.07. The 50 day moving average was down by -3.63% and the 200 day average went 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 now outstanding. Analysts expect next quarter’s EPS will be $0.01 and the next full year EPS is projected to be $-0.09.
A few Wall Street investment firms have weighed in on MWW recently. On August 22 the stock rating was downgraded to “Market Underperform” from “” by Avondale Partners. On July 11 the company was rated “Market Perform” in a report from BMO Capital down from the previous “Outperform” rating.
On February 12 FBR Capital made no change to the company rating of “Market Perform” but moved down the price target from $8.00 to $3.50. On February 11, 2016 the stock rating was changed to a “Market Perform” according to a FBR Capital report which was a cut from the previous “Outperform” rating.
October 30 investment analysts at Piper Jaffray made no change to the stock rating of “Neutral” and moved down the price target to $7.00 from $7.50. On May 22, 2015 Piper Jaffray added the stock to its research portfolio giving it an initial rating of “Neutral” and setting a price target of $7.00.