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Wolverine World Wide (WWW)
NYSE:WWW
Wolverine World Wide (WWW) Stock Price & Analysis
180 Followers
WWW Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$7.07 - $15.57
Previous Close$14.05
Volume1.27M
Average Volume (3M)936.16K
Market Cap
$1.12B
Enterprise Value$2.23B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$1.09B
Price to Earnings (P/E)-15.2
Beta1.11
Next Earnings
Aug 07, 2024EPS Estimate
$0.11Next Dividend Ex-Date
Jul 01, 2024Dividend Yield2.85%
Share Statistics
EPS (TTM)-0.92
Shares Outstanding79,928,627
10 Day Avg. Volume1,508,852
30 Day Avg. Volume936,165
Standard Deviation0.15
R-Squared0.38
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)-3.02
Price to Sales (P/S)2.13
Price to Cash Flow (P/CF)2.40
P/FCF Ratio2.10
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.00
Enterprise Value/Gross Profit2.56
Enterprise Value/Ebitda-32.03
Forecast
1Y Price Target
$12.57Price Target Upside-10.60% Downside
Rating ConsensusHold
Number of Analyst Covering8
Wolverine World Wide News
PremiumCompany Announcements
Wolverine World Wide Announces CFO Transition and New Compensation
PremiumCompany Announcements
Wolverine World Wide Announces $150 Million Share Buyback PlanBulls Say, Bears Say
Bulls Say
Brand StrategyWolverine has committed to a scarcity model with the Saucony and Merrell brands, which can lead to more demand and healthier pricing.
E-commerce GrowthE-Commerce sales turned positive, indicating a successful adaptation to the growing online retail trend and a potential increase in market share.
Financial PerformanceWolverine's first-quarter adjusted revenue and EPS exceeded estimates, showcasing stronger financial health and operational efficiency.
Bears Say
Analyst SentimentAnalysts would prefer more evidence that new product/marketing initiatives can prove successful before considering a more constructive stance on the stock.
Financial GuidanceLowered FY24 headline adjusted revenue guidance calls for $1,680mn to $1,730mn (-16% to -13% y/y).
Market PerformanceQ4 reflected severe pressures across brands/channels/geographies with a similar underlying trendline expected to continue during Q1.
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Ownership Overview
6.46% Insiders
38.29% Mutual Funds
30.90% Other Institutional Investors
24.35% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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WWW FAQ
What was Wolverine World Wide’s price range in the past 12 months?
Wolverine World Wide lowest stock price was $7.07 and its highest was $15.57 in the past 12 months.
What is Wolverine World Wide’s market cap?
Currently, no data Available
When is Wolverine World Wide’s upcoming earnings report date?
Wolverine World Wide’s upcoming earnings report date is Aug 07, 2024 which is in 85 days.
How were Wolverine World Wide’s earnings last quarter?
Wolverine World Wide released its earnings results on May 08, 2024. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.006 by $0.044.
Is Wolverine World Wide overvalued?
According to Wall Street analysts Wolverine World Wide’s price is currently Overvalued.
Does Wolverine World Wide pay dividends?
Wolverine World Wide pays a Quarterly dividend of $0.1 which represents an annual dividend yield of 2.85%. See more information on Wolverine World Wide dividends here
What is Wolverine World Wide’s EPS estimate?
Wolverine World Wide’s EPS estimate is $0.11.
How many shares outstanding does Wolverine World Wide have?
Wolverine World Wide has 79,928,630 shares outstanding.
What happened to Wolverine World Wide’s price movement after its last earnings report?
Wolverine World Wide reported an EPS of $0.05 in its last earnings report, beating expectations of $0.006. Following the earnings report the stock price went up 11.559%.
Which hedge fund is a major shareholder of Wolverine World Wide?
Among the largest hedge funds holding Wolverine World Wide’s share is Callodine Capital Management, LP. It holds Wolverine World Wide’s shares valued at 17M.
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Wolverine World Wide Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$12.57 (-10.60% Downside)
$12.57 (-10.60% Downside)
Blogger Sentiment
Neutral
WWW Sentiment 67%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 158.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.4%
Last 30 Days ▲ 5.4%
Last 30 Days ▲ 5.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-6.84%
12-Months-Change
Fundamentals
Return on Equity
-25.42%
Trailing 12-Months
Asset Growth
-23.33%
Trailing 12-Months
Company Description
Wolverine World Wide
Wolverine World Wide, Inc. engages in the design, manufacture and sale of branded casual, active lifestyle, work, outdoor sport, athletic, children's and uniform footwear and apparel. It operates through the following segments: Wolverine Michigan Group and Wolverine Boston Group. The Wolverine Michigan Group consists of Merrell footwear and apparel, Cat footwear, Wolverine footwear and apparel, Chaco footwear, Hush Puppies footwear and apparel, Bates uniform footwear, Harley-Davidson footwear and Hytest safety footwear. The Wolverine Boston Group consists of Sperry footwear and apparel, Saucony footwear and apparel, Keds footwear and apparel, and the Kids footwear business, which includes the Stride Rite licensed business, as well as kids' footwear offerings from Saucony, Sperry, Keds, Merrell, Hush Puppies and Cat. The company was founded by G. A. Krause in 1883 and is headquartered in Rockford, MI.
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WWW Company Deck
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WWW Earnings Call
Q1 2024
0:00 / 0:00
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WWW Revenue Breakdown
64.16% Active Group
21.43% Work Group
14.41% Other
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WWW Stock 12 Month Forecast
Average Price Target
$12.57
▼(-10.60% Downside)
Technical Analysis
Best Analysts Covering WWW
1 Year
1 Year Success Rate
3/26 ratings generated profit
1 Year Average Return
-22.43%
upgraded a buy rating 6 days ago
Copying Sam Poser's trades and holding each position for 1 Year would result in 11.54% of your transactions generating a profit, with an average return of -22.43% per trade.
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