Wolverine World Wide, Inc. (NYSE:WWW) currently has a daily average trading volume of 856.33K but it saw 2207303 shares traded in last market. With a market cap of 1.02B USD, the company’s current market price of $12.74 came rising about 11.56 while comparing to the previous closing price of $11.42. In past 52 weeks, the stock remained buoying in the range of price level as high as $17.85 and as low as $7.21.
Taking a look at 20-day trading activity of Wolverine World Wide, Inc. (WWW) gives us an average price of $10.39, while its current price level is -28.63% below from 52-week high level whereas it is 76.70% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $10.23 while that of 200 days or SMA-200 reads an average of $9.17. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.59% during that period while stretching the period over a month that decreases to 4.37%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 75.92 which implies that the stock is in overbought territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Seaport Research Partners which upgraded the stock as “Buy” in its note to investors issued on May 06, 2024, recommending a price target of $15 for it.
Over the week, WWW’s stock price is moving 21.91% up while it is 30.27% when we observe its performance for the past one month. Year-to-date it is 43.31% up and over the past year, the stock is showing a downside performance of -18.33%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of 0.09 beat the consensus estimate of 0.03 for the same. In next quarter, company is expected to be making quarterly sales of $422.6M as analysts are expecting the sales for current fiscal year at $1.72B and seeing the company making $1.82B in sales next year. Moreover, analysts are in estimates of $360.43M for current-quarter revenue.
Currently, Wolverine World Wide, Inc.’s total number of outstanding shares is 79.55M. Company’s return on investment (ROI) stands at -7.57% and return on equity (ROE) at -24.99%. It has a 11.12 of forward P/E ratio. Stock’s beta reads 1.70. Stock has a price to book (P/B) ratio of 3.64 while price to sale or P/S ratio amounts to 0.50. Its return on asset (ROA) is -3.43% on average.
