Monster Worldwide Rating Reiterated by Zacks (MWW)
Monster Worldwide (NYSE:MWW)‘s stock had its “neutral” rating reissued by Zacks in a research note issued to investors on Wednesday. They currently have a $6.00 target price on the stock. Zacks‘s price target would indicate a potential upside of 3.09% from the stock’s previous close.
Monster Worldwide (NYSE:MWW) traded down 1.37% on Wednesday, hitting $5.74. The stock had a trading volume of 109,353 shares. Monster Worldwide has a 52-week low of $4.03 and a 52-week high of $8.50. The stock’s 50-day moving average is $6.12 and its 200-day moving average is $6.6. The company’s market cap is $509.8 million.
Monster Worldwide (NYSE:MWW) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by $0.01. The company had revenue of $194.40 million for the quarter, compared to the consensus estimate of $198.81 million. During the same quarter in the previous year, the company posted $0.09 earnings per share. The company’s quarterly revenue was down 2.8% on a year-over-year basis. On average, analysts predict that Monster Worldwide will post $0.25 earnings per share for the current fiscal year.
A number of other analysts have also recently weighed in on MWW. Analysts at FBR Capital Markets cut their price target on shares of Monster Worldwide from $6.00 to $5.50 in a research note on Wednesday, August 6th. Analysts at Robert W. Baird downgraded shares of Monster Worldwide from an “outperform” rating to a “neutral” rating in a research note on Wednesday, August 6th. They now have a $6.00 price target on the stock, down previously from $7.00. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $6.80.
Monster Worldwide, Inc (NYSE:MWW) is parent company of Monster, the global online employment solution.
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