Wolverine World Wide, Inc (NYSE: WWW) is -35.59% lower on its value in year-to-date trading and has touched a low of $9.06 and a high of $24.64 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WWW stock was last observed hovering at around $14.19 in the last trading session, with the day’s gains setting it 0.11%.
Currently trading at $14.30, the stock is -17.01% and -30.35% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.2 million and changing 0.78% at the moment leaves the stock -16.30% off its SMA200. WWW registered 40.89% gain for a year compared to 6-month gain of 4.30%.
The stock witnessed a -34.67% loss in the last 1 month and extending the period to 3 months gives it a -38.34%, and is -7.68% 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 5.70% over the week and 5.43% over the month.
Wolverine World Wide, Inc (WWW) has around 3100 employees, a market worth around $1.15B and $1.75B in sales. Current P/E ratio is 25.19 and Fwd P/E is 9.45. Profit margin for the company is 2.60%. Distance from 52-week low is 57.75% and -41.96% from its 52-week high. The company has generated returns on investments over the last 12 months (4.60%).
with sales reaching $395.57M over the same period.The EPS is expected to grow by 31.86% this year, but quarterly earnings will post 3.85% year-over-year. Quarterly sales are estimated to grow 0.17% in year-over-year returns.
The shares outstanding are 80.33M, and float is at 78.86M with Short Float at 7.64%.
The top institutional shareholder in the company is BLACKROCK INC. with over 12.17 million shares valued at $164.53 million. The investor’s holdings represent 15.2502 of the WWW Shares outstanding. As of 2024-06-30, the second largest holder is FMR LLC with 11.63 million shares valued at $157.19 million to account for 14.5695 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 9.02 million shares representing 11.3013 and valued at over $121.93 million, while EARNEST PARTNERS LLC holds 6.6522 of the shares totaling 5.32 million with a market value of $71.95 million.
Wolverine World Wide, Inc (WWW) Insider Activity
A total of 0 insider transactions have happened at Wolverine World Wide, Inc (WWW) in the last six months, with sales accounting for 0 and purchases happening 0 times. The most recent transaction is an insider purchase by Hufnagel Christopher, the company’s President and CEO. SEC filings show that Hufnagel Christopher bought 20,000 shares of the company’s common stock on Feb 27 ’25 at a price of $14.77 per share for a total of $0.3 million. Following the purchase, the insider now owns 0.22 million shares.
Wolverine World Wide, Inc disclosed in a document filed with the SEC on Feb 21 ’25 that Miller Taryn L (Chief Financial Officer) bought a total of 6,600 shares of the company’s common stock. The trade occurred on Feb 21 ’25 and was made at $15.29 per share for $0.1 million. Following the transaction, the insider now directly holds 10772.0 shares of the WWW stock.
Still, SEC filings show that on Feb 21 ’25, Price DeMonty (Director) acquired 35,000 shares at an average price of $15.30 for $0.54 million. The insider now directly holds 35,000 shares of Wolverine World Wide, Inc (WWW).
Wolverine World Wide, Inc (WWW): Who are the competitors?
One of the company’s main competitors (and peers) include Rocky Brands Inc. (RCKY) that is trading -25.09% down over the past 12 months.Crocs Inc. (CROX) lies in the list of competitors of the Wolverine World Wide, Inc and is -13.74% lower over the same period from WWWSkechers USA Inc. Cl A (SKX) is -2.42% down on the 1-year trading charts.
