A share price of Wolverine World Wide, Inc [WWW] is currently trading at $11.14, down -9.65%. 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 0.18% over the last week, with a monthly amount drifted -17.05%, 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 experienced fluctuations in its stock price throughout the past year between $9.06 and $24.64. Currently, Wall Street analysts expect the stock to reach $23 within the next 12 months. Wolverine World Wide, Inc [NYSE: WWW] shares were valued at $11.14 at the most recent close of the market. An investor can expect a potential return of 106.46% based on the average WWW price forecast.
Analyzing the WWW fundamentals
Trailing Twelve Months sales for Wolverine World Wide, Inc [NYSE:WWW] were 1.75B which represents -6.08% decline. 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 10.72 points at the first support level, and at 10.31 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.68, and for the 2nd resistance point, it is at 12.23.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Wolverine World Wide, Inc [NYSE:WWW] is 1.29. Also, the Quick Ratio is 0.84, while the Cash Ratio stands at 0.29. Considering the valuation of this stock, the price to sales ratio is 0.51, the price to book ratio is 2.91 and price to earnings (TTM) ratio is 19.62.
Transactions by insiders
Recent insider trading involved Hufnagel Christopher, President and CEO, that happened on Feb 27 ’25 when 20000.0 shares were purchased. Chief Financial Officer, Miller Taryn L completed a deal on Feb 21 ’25 to buy 6600.0 shares. Meanwhile, Director Price DeMonty bought 35000.0 shares on Feb 21 ’25.
