Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
In the latest session, Wolverine World Wide, Inc (NYSE: WWW) closed at $15.16 down -0.39% from its previous closing price of $15.22. In other words, the price has decreased by -$0.39 from its previous closing price. On the day, 2.05 million shares were traded.
Ratios:
For a deeper understanding of Wolverine World Wide, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.62. For the most recent quarter (mrq), Quick Ratio is recorded 0.84 and its Current Ratio is at 1.29. In the meantime, Its Debt-to-Equity ratio is 2.60 whereas as Long-Term Debt/Eq ratio is at 2.23.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Stifel on December 11, 2024, Upgraded its rating to Buy and sets its target price to $29 from $21 previously.
On November 08, 2024, Telsey Advisory Group reiterated its Market Perform rating and also lowered its target price recommendation from $15 to $23.
Exane BNP Paribas Upgraded its Neutral to Outperform on October 03, 2024, while the target price for the stock was maintained at $22.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 25 ’24 when Soriano Isabel sold 7,687 shares for $23.57 per share. The transaction valued at 181,183 led to the insider holds 34,206 shares of the business.
Klimek Amy M. sold 24,000 shares of WWW for $529,680 on Nov 12 ’24. The Chief Human Resources Officer now owns 20,238 shares after completing the transaction at $22.07 per share. On Nov 07 ’24, another insider, Klimek Amy M., who serves as the Chief Human Resources Officer of the company, sold 10,214 shares for $20.11 each. As a result, the insider received 205,404 and left with 19,093 shares of the company.
Valuation Measures:
As of this moment, Wolverine’s Price-to-Earnings (P/E) ratio for their current fiscal year is 26.70, and their Forward P/E ratio for the next fiscal year is 10.01. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69 while its Price-to-Book (P/B) ratio in mrq is 3.96.
Stock Price History:
Over the past 52 weeks, WWW has reached a high of $24.64, while it has fallen to a 52-week low of $8.25. The 50-Day Moving Average of the stock is -30.69%, while the 200-Day Moving Average is calculated to be -10.90%.
Shares Statistics:
A total of 80.33M shares are outstanding, with a floating share count of 78.91M. Insiders hold about 1.84% of the company’s shares, while institutions hold 101.78% stake in the company.
