Williams Trading analyst Sam Poser maintained a Buy rating on Wolverine World Wide (WWW – Research Report) today and set a price target of $20.00.
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Sam Poser has given his Buy rating due to a combination of factors contributing to Wolverine World Wide’s promising outlook. The company’s strategic initiatives, particularly within the Saucony and Work brands, are progressing in a positive direction, albeit slower than initially anticipated. The Merrell brand is also showing signs of improvement, although its recent revenue guidance fell short of expectations.
Despite these challenges, the stock’s current trading position at approximately 9.2 times the revised FY26 estimates suggests a solid investment foundation. This stability is supported by lean inventory levels and evolving brand strategies across Wolverine World Wide’s diverse portfolio. Saucony is leading the charge with its successful product offerings, while the Wolverine and CAT boot brands are becoming more clearly defined. Additionally, the Sweaty Betty brand shows potential for growth if it can enhance its customer engagement processes, particularly outside the UK. These factors collectively underpin Sam Poser’s confidence in Wolverine World Wide’s future performance.
Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WWW in relation to earlier this year.