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Wolverine World Wide (WWW)
NYSE:WWW
Wolverine World Wide (WWW) Stock Price & Analysis
186 Followers
WWW Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$7.01 - $14.35
Previous Close$12.71
Volume927.90K
Average Volume (3M)1.19M
Market Cap
$1.02B
Enterprise Value$2.13B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$1.09B
Price to Earnings (P/E)―
Beta1.09
Next Earnings
Aug 07, 2024EPS Estimate
$0.11Last Dividend Ex-Date
Jul 01, 2024Dividend Yield3.15%
Share Statistics
EPS (TTM)-0.92
Shares Outstanding79,928,627
10 Day Avg. Volume1,515,360
30 Day Avg. Volume1,193,442
Standard Deviation0.15
R-Squared0.36
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)-3.10
Price to Sales (P/S)2.10
Price to Cash Flow (P/CF)2.40
P/FCF Ratio2.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.95
Enterprise Value/Gross Profit2.44
Enterprise Value/Ebitda-30.49
Forecast
1Y Price Target
$13.67Price Target Upside7.22% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
Wolverine World Wide News
Bulls Say, Bears Say
Bulls Say
Financial Performance1Q24 adjusted revenue of $390.8mn and adj. EPS of $0.05 topped Stifel’s $360.3mn and $0.02 estimates.
Inventory ManagementInventory levels were down 40.6% at the end of 1Q24, and represent 19.6 forward WOS, moving in the right direction more rapidly than expected.
Product DemandDemand for Saucony is increasing more quickly than expected.
Bears Say
Business OperationsOngoing cleanup initiatives and one-time comparisons weigh on revenue visibility as the business seeks a lower, but healthier baseline from which to grow.
Revenue GuidanceLowered FY24 headline adjusted revenue guidance calls for $1,680mn to $1,730mn (-16% to -13% y/y) compared to prior guidance for $1,700mn to $1,750mn.
Revenue VisibilityThere is somewhat limited visibility to second half targets.
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Ownership Overview
6.46% Insiders
38.65% Mutual Funds
33.31% Other Institutional Investors
21.58% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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WWW FAQ
What was Wolverine World Wide’s price range in the past 12 months?
Wolverine World Wide lowest stock price was $7.01 and its highest was $14.35 in the past 12 months.
What is Wolverine World Wide’s market cap?
Currently, no data Available
When is Wolverine World Wide’s upcoming earnings report date?
Wolverine World Wide’s upcoming earnings report date is Aug 07, 2024 which is in 17 days.
How were Wolverine World Wide’s earnings last quarter?
Wolverine World Wide released its earnings results on May 08, 2024. The company reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.006 by $0.044.
Is Wolverine World Wide overvalued?
According to Wall Street analysts Wolverine World Wide’s price is currently Undervalued.
Does Wolverine World Wide pay dividends?
Wolverine World Wide pays a Quarterly dividend of $0.1 which represents an annual dividend yield of 3.15%. See more information on Wolverine World Wide dividends here
What is Wolverine World Wide’s EPS estimate?
Wolverine World Wide’s EPS estimate is $0.11.
How many shares outstanding does Wolverine World Wide have?
Wolverine World Wide has 79,928,630 shares outstanding.
What happened to Wolverine World Wide’s price movement after its last earnings report?
Wolverine World Wide reported an EPS of $0.05 in its last earnings report, beating expectations of $0.006. Following the earnings report the stock price went up 11.464%.
Which hedge fund is a major shareholder of Wolverine World Wide?
Among the largest hedge funds holding Wolverine World Wide’s share is Callodine Capital Management, LP. It holds Wolverine World Wide’s shares valued at 22M.
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Wolverine World Wide Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$13.67 (7.22% Upside)
$13.67 (7.22% Upside)
Blogger Sentiment
Neutral
WWW Sentiment 67%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 76.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $44.5K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 4.8%
Last 30 Days ▼ 5.1%
Last 30 Days ▼ 5.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-3.52%
12-Months-Change
Fundamentals
Return on Equity
-25.42%
Trailing 12-Months
Asset Growth
-23.33%
Trailing 12-Months
Company Description
Wolverine World Wide
Wolverine World Wide, Inc. engages in the design, manufacture and sale of branded casual, active lifestyle, work, outdoor sport, athletic, children's and uniform footwear and apparel. It operates through the following segments: Wolverine Michigan Group and Wolverine Boston Group. The Wolverine Michigan Group consists of Merrell footwear and apparel, Cat footwear, Wolverine footwear and apparel, Chaco footwear, Hush Puppies footwear and apparel, Bates uniform footwear, Harley-Davidson footwear and Hytest safety footwear. The Wolverine Boston Group consists of Sperry footwear and apparel, Saucony footwear and apparel, Keds footwear and apparel, and the Kids footwear business, which includes the Stride Rite licensed business, as well as kids' footwear offerings from Saucony, Sperry, Keds, Merrell, Hush Puppies and Cat. The company was founded by G. A. Krause in 1883 and is headquartered in Rockford, MI.
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WWW Company Deck
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WWW Earnings Call
Q1 2024
0:00 / 0:00
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WWW Revenue Breakdown
64.16% Active Group
21.43% Work Group
14.41% Other
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WWW Stock 12 Month Forecast
Average Price Target
$13.67
▲(7.22% Upside)
Technical Analysis
Best Analysts Covering WWW
1 Year
1 Year Success Rate
2/26 ratings generated profit
1 Year Average Return
-22.55%
reiterated a buy rating last month
Copying Sam Poser's trades and holding each position for 1 Year would result in 7.69% of your transactions generating a profit, with an average return of -22.55% per trade.
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