Wolverine World Wide, Inc (NYSE:WWW) has a beta value of 1.69 and has seen 1.74 million shares traded in the last trading session. The company, currently valued at $928.66M, closed the last trade at $11.46 per share which meant it gained $0.67 on the day or 6.21% during that session. The WWW stock price is -115.01% off its 52-week high price of $24.64 and 18.32% above the 52-week low of $9.36. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.7 million shares traded. The 3-month trading volume is 1.52 million shares.
The consensus among analysts is that Wolverine World Wide, Inc (WWW) is Buy stock at the moment, with a recommendation rating of 1.50. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 2 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.11.
Wolverine World Wide, Inc (NYSE:WWW) trade information
Sporting 6.21% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the WWW stock price touched $11.46 or saw a rise of 1.55%. Year-to-date, Wolverine World Wide, Inc shares have moved -48.38%, while the 5-day performance has seen it change 3.71%. Over the past 30 days, the shares of Wolverine World Wide, Inc (NYSE:WWW) have changed -16.96%. Short interest in the company has seen 8.54 million shares shorted with days to cover at 6.23.
Wall Street analysts have a consensus price target for the stock at $23, which means that the shares’ value could jump 50.17% from current levels. The projected low price target is $23.0 while the price target rests at a high of $23.0. In that case, then, we find that the current price level is -100.7% off the targeted high while a plunge would see the stock gain -100.7% from current levels.
Wolverine World Wide, Inc (WWW) estimates and forecasts
The company’s shares have lost -29.52% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 3.40%.
8 analysts offering their estimates for the company have set an average revenue estimate of 395.41M for the current quarter. 8 have an estimated revenue figure of 444.5M for the next ending quarter. Year-ago sales stood 394.9M and 425.2M respectively for this quarter and the next, and analysts expect sales will grow by 0.13% for the current quarter and 3.40% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -16.72% over the past 5 years. Earnings growth for 2025 is a modest 19.55% while over the next 5 years, the company’s earnings are expected to increase by 27.37%.
WWW Dividends
Wolverine World Wide, Inc is expected to release its next earnings report on 2025-Feb-18 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.40 at a share yield of 3.49%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 2.36%.
Wolverine World Wide, Inc (NYSE:WWW)’s Major holders
Insiders own 1.85% of the company shares, while shares held by institutions stand at 102.29% with a share float percentage of 104.21%. Investors are also buoyed by the number of investors in a company, with Wolverine World Wide, Inc having a total of 336.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 12.17 million shares worth more than $164.53 million. As of 2024-06-30, BLACKROCK INC. held 15.2121% of shares outstanding.
The other major institutional holder is FMR LLC, with the holding of over 11.63 million shares as of 2024-06-30. The firm’s total holdings are worth over $157.19 million and represent 14.5331% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Fidelity Puritan Trust-Fidelity Low-Priced Stock Fund and iShares Trust-iShares Core S&P Small-Cap ETF . As of Jan 31, 2025 , the former fund manager holds about 6.71% shares in the company for having 5.44 shares of worth $62.29 million while later fund manager owns 4.95 shares of worth $56.73 million as of Mar 31, 2025 , which makes it owner of about 6.11% of company’s outstanding stock.
