At the time of writing, Wolverine World Wide, Inc [WWW] stock is trading at $21.80, up 35.83%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The WWW shares have gain 41.65% over the last week, with a monthly amount glided 32.44%, 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 October 03, 2024, when Exane BNP Paribas upgraded its rating to a Outperform but kept the price target unchanged to $22 for it. On August 08, 2024, upgrade upgraded it’s rating to Overweight but maintained its price target of $20 on the stock. Telsey Advisory Group reiterated its Market Perform rating and increased its price target to $15 on August 08, 2024. UBS upgraded its rating to a Buy and raised its price target to $20 on July 19, 2024. Telsey Advisory Group reiterated a Market Perform rating for this stock on May 09, 2024, and upped its price target to $14. In a note dated May 06, 2024, Seaport Research Partners upgraded an Buy rating on this stock but restated the target price of $15.
For the past year, the stock price of Wolverine World Wide, Inc fluctuated between $7.58 and $18.51. Currently, Wall Street analysts expect the stock to reach $19.8 within the next 12 months. Wolverine World Wide, Inc [NYSE: WWW] shares were valued at $21.80 at the most recent close of the market. An investor can expect a potential drop of -9.17% based on the average WWW price forecast.
Analyzing the WWW fundamentals
According to Wolverine World Wide, Inc [NYSE:WWW], the company’s sales were 1.87B for trailing twelve months, which represents an -27.82% plunge. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at -0.08%, 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 -0.25 and Total Capital is -0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.55.
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 18.71 points at the first support level, and at 15.61 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.37, and for the 2nd resistance point, it is at 24.93.
Ratios To Look Out For
It is important to note that Wolverine World Wide, Inc [NYSE:WWW] has a current ratio of 1.19. Also, the Quick Ratio is 0.74, while the Cash Ratio stands at 0.23. Considering the valuation of this stock, the price to sales ratio is 0.93, the price to book ratio is 6.65.
Transactions by insiders
Recent insider trading involved Klimek Amy M., Officer, that happened on Nov 07 ’24 when 10214.0 shares were purchased. Chief Legal Officer, Latchana David A completed a deal on Sep 26 ’24 to sell 7706.0 shares. Meanwhile, Officer Latchana David A bought 7706.0 shares on Sep 26 ’24.
