Why We Revised Our Price Estimate For Monster By 20%

MWW: Monster Worldwide logo
Monster Worldwide

Monster Worldwide’s (NASDAQ:MWW) below-par first quarter results and its disappointing guidance for the second quarter this year resulted in the company’s stock nosediving following its earnings release last week. Monster’s overall revenue declined 9% year-over-year (y-o-y) to $158 million and missed market expectations of $161 million owing to subdued demand in North America, where sales dropped by 11%.

While the European business and new products continued to show promising results during the first quarter, increased demand in these two areas alone are unlikely to be sufficient to accelerate growth for the company. Accordingly, Monster is likely to face continued headwinds in expanding its top line in the near future. In accordance with the company’s recent performance and expectations for the future, we have revised our price estimate for Monster’s stock from $5.00 to $4.00. The tables below break down the changes we made to our model, and the impact on our price estimate for the company. mww-9mww-10mww-11

Have more questions about Monster? See the links below:

Relevant Articles
  1. Monster Pushes For Shareholder Approval Of Randstad Deal As Q3 Results Slide
  2. What To Expect From Monster’s Q3 Results
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  4. Decoding Monster’s $3.40 Acquisition Price: Is A Failed Turnaround Implied In The Price?
  5. Monster’s Revenue, EPS Misses Estimates Amidst Acquisition News
  6. What To Expect From Monster’s Q2 Results


1) The purpose of these analyses is to help readers focus on a few important things. We hope such lean communication sparks thinking, and encourages readers to comment and ask questions on the comment section, or email content@trefis.com
2) Figures mentioned are approximate values to help our readers remember the key concepts more intuitively. For precise figures, please refer to our complete analysis for Monster