Wolverine World Wide, Inc (NYSE: WWW) is 59.69% higher on its value in year-to-date trading and has touched a low of $9.58 and a high of $24.64 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 $19.47 in the last trading session, with the day’s gains setting it 0.89%.
Currently trading at $20.36, the stock is 8.04% and 14.88% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.56 million and changing 4.57% at the moment leaves the stock 13.31% off its SMA200. WWW registered -8.29% loss for a year compared to 6-month loss of -11.13%. The firm has a 50-day simple moving average (SMA 50) of $17.3772 and a 200-day simple moving average (SMA200) of $17.92165.
The stock witnessed a 13.87% gain in the last 1 month and extending the period to 3 months gives it a 89.40%, and is 2.26% up 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 4.09% over the week and 3.77% over the month.
Wolverine World Wide, Inc (WWW) has around 3100 employees, a market worth around $1.65B and $1.77B in sales. Current P/E ratio is 22.96 and Fwd P/E is 14.62. Profit margin for the company is 4.02%. Distance from 52-week low is 112.53% and -17.37% from its 52-week high. The company has generated returns on investments over the last 12 months (7.18%).
with sales reaching $447.82M over the same period.The EPS is expected to grow by 22.95% this year, but quarterly earnings will post 3.86% year-over-year. Quarterly sales are estimated to grow 5.32% in year-over-year returns.
326.0 institutions hold shares in Wolverine World Wide, Inc (WWW), with institutional investors hold 109.83% of the company’s shares. The shares outstanding are 81.04M, and float is at 79.46M with Short Float at 11.62%. Institutions hold 107.73% of the Float.
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 15.2121 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 14.5331 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 9.02 million shares representing 11.2731 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
Still, SEC filings show that on May 12 ’25, LAUDERBACK BRENDA J (Director) disposed off 6,500 shares at an average price of $16.67 for $0.11 million. The insider now directly holds 48,675 shares of Wolverine World Wide, Inc (WWW).
