Wolverine World Wide, Inc. [WWW] stock is trading at $13.84, up 9.06%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The WWW shares have gain 8.89% over the last week, with a monthly amount glided 5.25%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Wolverine World Wide, Inc. [NYSE: WWW] stock has seen the most recent analyst activity on July 19, 2024, when UBS upgraded its rating to a Buy and also boosted its price target to $20 from $13. Previously, Telsey Advisory Group reaffirmed its Market Perform rating on May 09, 2024, and elevated its price target to $14. On May 06, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $15 on the stock. Seaport Research Partners downgraded its rating to a Neutral. Exane BNP Paribas downgraded its rating to Neutral for this stock on August 11, 2023, but kept the price target unchanged to $9. In a note dated March 13, 2023, Seaport Research Partners upgraded an Buy rating on this stock but restated the target price of $23.
Wolverine World Wide, Inc. [WWW] stock has fluctuated between $7.21 and $14.45 over the past year. Currently, Wall Street analysts expect the stock to reach $18.25 within the next 12 months. Wolverine World Wide, Inc. [NYSE: WWW] shares were valued at $13.84 at the most recent close of the market. An investor can expect a potential return of 31.86% based on the average WWW price forecast.
Analyzing the WWW fundamentals
Wolverine World Wide, Inc. [NYSE:WWW] reported sales of 2.04B for the trailing twelve months, which represents a drop of -34.12%. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at -0.05%, Pretax Profit Margin comes in at -0.09%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.23 and Total Capital is -0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.54.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 13.41 points at the first support level, and at 12.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.13, and for the 2nd resistance point, it is at 14.41.
Ratios To Look Out For
For context, Wolverine World Wide, Inc.’s Current Ratio is 1.13. As well, the Quick Ratio is 0.65, while the Cash Ratio is 0.23. Considering the valuation of this stock, the price to sales ratio is 0.54, the price to book ratio is 4.38.
Transactions by insiders
Recent insider trading involved Soriano Isabel, President, International Group, that happened on May 28 ’24 when 3201.0 shares were sold. Director, BOROMISA JEFFREY M completed a deal on Aug 18 ’23 to buy 3500.0 shares. Meanwhile, EVP, CFO and Treasurer Stornant Michael D bought 3800.0 shares on Aug 16 ’23.
