Wolverine World Wide, Inc [WWW] stock is trading at $15.49, up 3.20%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The WWW shares have lost -0.83% over the last week, with a monthly amount drifted -33.29%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Wolverine World Wide, Inc [NYSE: WWW] stock has seen the most recent analyst activity on December 11, 2024, when Stifel upgraded its rating to a Buy and also boosted its price target to $29 from $21. Previously, Telsey Advisory Group reaffirmed its Market Perform rating on November 08, 2024, and elevated its price target to $23. On October 03, 2024, upgrade upgraded it’s rating to Outperform but maintained its price target of $22 on the stock. KeyBanc Capital Markets upgraded its rating to a Overweight but $20 remained the price target by the analyst firm on August 08, 2024. Telsey Advisory Group reiterated a Market Perform rating for this stock on August 08, 2024, and upped its price target to $15. In a note dated July 19, 2024, UBS upgraded an Buy rating on this stock and boosted its target price from $13 to $20.
Wolverine World Wide, Inc [WWW] stock has fluctuated between $9.06 and $24.64 over the past year. Currently, Wall Street analysts expect the stock to reach $21 within the next 12 months. Wolverine World Wide, Inc [NYSE: WWW] shares were valued at $15.49 at the most recent close of the market. An investor can expect a potential return of 35.57% based on the average WWW price forecast.
Analyzing the WWW fundamentals
Wolverine World Wide, Inc [NYSE:WWW] reported sales of 1.75B for the trailing twelve months, which represents a drop of -6.08%. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.15 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.51.
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 15.04 points at the first support level, and at 14.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.33, and for the 2nd resistance point, it is at 17.16.
Ratios To Look Out For
For context, Wolverine World Wide, Inc’s Current Ratio is 1.29. In addition, the Quick Ratio stands at 0.84 and the Cash Ratio stands at 0.29. Considering the valuation of this stock, the price to sales ratio is 0.71, the price to book ratio is 4.05 and price to earnings (TTM) ratio is 27.29.
Transactions by insiders
Recent insider trading involved Miller Taryn L, Chief Financial Officer, that happened on Feb 21 ’25 when 6600.0 shares were purchased. Director, Price DeMonty completed a deal on Feb 21 ’25 to buy 35000.0 shares. Meanwhile, President, International Group Soriano Isabel sold 7687.0 shares on Nov 25 ’24.
