Wolverine World Wide, Inc. (NYSE: WWW) is 43.31% higher on its value in year-to-date trading and has touched a low of $7.21 and a high of $14.45 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WWW stock was last observed hovering at around $12.16 in the last trading session, with the day’s gains setting it 0.58%.
Currently trading at $12.74, the stock is -3.22% and -1.82% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.02 million and changing 4.77% at the moment leaves the stock 27.62% off its SMA200. WWW registered -7.28% loss for a year compared to 6-month gain of 42.67%.
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The stock witnessed a -1.01% loss in the last 1 month and extending the period to 3 months gives it a 33.40%, and is -1.85% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.77% over the week and 3.97% over the month.
Wolverine World Wide, Inc. (WWW) has around 4100 employees, a market worth around $1.02B and $2.04B in sales. Fwd P/E is 10.49. Profit margin for the company is -3.61%. Distance from 52-week low is 76.70% and -11.85% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.66%).
The EPS is expected to grow by 1497.68% this year
The shares outstanding are 79.55M, and float is at 78.62M with Short Float at 7.97%.
Wolverine World Wide, Inc. (WWW) Insider Activity
The most recent transaction is an insider sale by Soriano Isabel, the company’s President, International Group. SEC filings show that Soriano Isabel sold 3,201 shares of the company’s common stock on May 28 ’24 at a price of $13.89 per share for a total of $44462.0. Following the sale, the insider now owns 26519.0 shares.
Wolverine World Wide, Inc. disclosed in a document filed with the SEC on Aug 18 ’23 that BOROMISA JEFFREY M (Director) bought a total of 3,500 shares of the company’s common stock. The trade occurred on Aug 18 ’23 and was made at $8.35 per share for $29225.0. Following the transaction, the insider now directly holds 0.16 million shares of the WWW stock.
Still, SEC filings show that on Aug 16 ’23, Stornant Michael D (EVP, CFO and Treasurer) acquired 3,800 shares at an average price of $8.19 for $31122.0. The insider now directly holds 221,844 shares of Wolverine World Wide, Inc. (WWW).
