Stock Worth Watching: What’s in Monster Worldwide, Inc. After Today’s Big Increase?

Stock Worth Watching: What's in Monster Worldwide, Inc. After Today's Big Increase?

The stock of Monster Worldwide, Inc. (NYSE:MWW) is a huge mover today! About 397,894 shares traded hands. Monster Worldwide, Inc. (NYSE:MWW) has risen 8.67% since March 3, 2016 and is uptrending. It has outperformed by 0.32% the S&P500.
The move comes after 8 months positive chart setup for the $311.72M company. It was reported on Oct, 6 by Barchart.com. We have $10.40 PT which if reached, will make NYSE:MWW worth $617.21 million more.

Analysts await Monster Worldwide, Inc. (NYSE:MWW) to report earnings on November, 3. They expect $0.01 earnings per share, down 88.89% or $0.08 from last year’s $0.09 per share. MWW’s profit will be $893,181 for 87.25 P/E if the $0.01 EPS becomes a reality. After $-0.04 actual earnings per share reported by Monster Worldwide, Inc. for the previous quarter, Wall Street now forecasts -125.00% EPS growth.

Monster Worldwide, Inc. (NYSE:MWW) Ratings Coverage

Out of 5 analysts covering Monster Worldwide (NYSE:MWW), 1 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 20% are positive. Monster Worldwide has been the topic of 5 analyst reports since August 17, 2015 according to StockzIntelligence Inc. Avondale downgraded Monster Worldwide, Inc. (NYSE:MWW) on Monday, August 22 to “Mkt Underperform” rating. The stock of Monster Worldwide, Inc. (NYSE:MWW) earned “Market Perform” rating by FBR Capital on Thursday, February 11. The firm has “Neutral” rating given on Wednesday, August 10 by B. Riley & Co. The rating was downgraded by BMO Capital Markets to “Market Perform” on Monday, July 11. Macquarie Research initiated Monster Worldwide, Inc. (NYSE:MWW) on Monday, August 17 with “Outperform” rating.

According to Zacks Investment Research, “Monster Worldwide, Inc is the online recruitment leader and the parent company of Monster, the leading global careers website. Headquartered in New York, Monster Worldwide is also the world’s largest Recruitment Advertising agency network, the world’s largest Yellow Pages advertising agency and a provider of direct marketing services.”

Insitutional Activity: The institutional sentiment decreased to 0.7 in 2016 Q2. Its down 0.46, from 1.16 in 2016Q1. The ratio turned negative, as 26 funds sold all Monster Worldwide, Inc. shares owned while 53 reduced positions. 15 funds bought stakes while 40 increased positions. They now own 78.31 million shares or 8.04% less from 85.16 million shares in 2016Q1.
Tiaa Cref Investment Mgmt Ltd Limited Liability Company last reported 430,027 shares in the company. Price T Rowe Associate Inc Md has 93,900 shares for 0% of their US portfolio. Alliancebernstein Limited Partnership has 0% invested in the company for 127,490 shares. Moreover, Acadian Asset Mngmt Llc has 0.01% invested in Monster Worldwide, Inc. (NYSE:MWW) for 925,383 shares. Panagora Asset owns 137,150 shares or 0% of their US portfolio. Geode Cap Mgmt Ltd holds 646,103 shares or 0% of its portfolio. State Of Tennessee Treasury Department accumulated 95,972 shares or 0% of the stock. Renaissance Ltd Llc accumulated 1.99M shares or 0.01% of the stock. The Germany-based Deutsche Commercial Bank Ag has invested 0% in Monster Worldwide, Inc. (NYSE:MWW). Moreover, Frontier Mgmt has 0.06% invested in Monster Worldwide, Inc. (NYSE:MWW) for 192,183 shares. Guggenheim Lc accumulated 0% or 27,158 shares. Whittier Tru Co Of Nevada reported 320 shares or 0% of all its holdings. Allianz Asset Management Ag reported 391,395 shares or 0% of all its holdings. Barclays Public Ltd Co accumulated 0% or 258 shares. Group accumulated 0% or 65,416 shares.

Insider Transactions: Since May 16, 2016, the stock had 0 insider buys, and 2 selling transactions for $50,086 net activity. MILLER MICHAEL CONNOLLY sold $24,938 worth of stock.

More notable recent Monster Worldwide, Inc. (NYSE:MWW) news were published by: Prnewswire.com which released: “Monster Worldwide Announces Preliminary Revenue for the Third Quarter 2016” on October 06, 2016, also Marketwatch.com with their article: “Monster Worldwide warns of third-quarter revenue weakness” published on October 06, 2016, Fool.com published: “Why Monster Worldwide, Inc. Stock Soared 48% In August” on September 15, 2016. More interesting news about Monster Worldwide, Inc. (NYSE:MWW) were released by: Streetinsider.com and their article: “Form DEFA14A MONSTER WORLDWIDE, INC.” published on October 04, 2016 as well as Prnewswire.com‘s news article titled: “Monster Worldwide Recommends Stockholders Tender Into Randstad Offer” with publication date: September 30, 2016.

MWW Company Profile

Monster Worldwide, Inc., incorporated on August 30, 1996, is engaged in connecting people to jobs. The Firm offers services in over 40 countries, providing job seeking, career management, recruitment and talent management capabilities. The Company’s divisions include Careers-North America and Careers-International. The Firm offers digital, social and mobile solutions through its Website monster.com. The Company’s Monster Reach is focused on providing access to the candidates, with a set of job content across desktop, social and mobile. Monster Connections is focused on providing the tools to discover and connect with talent whether on Monster or anywhere on the social Web. Monster Solutions is focused on delivering its technology to a range of commercial, staffing and government customers. The Company’s services and solutions include searchable job advertisements; resume database access; recruitment media solutions through its advertising network and partnerships; social job distribution through Twitter and Facebook; display advertising; lead generation; social profile aggregation and other career-related content.

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