Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
In the latest session, Wolverine World Wide, Inc (NYSE: WWW) closed at $22.05 down -1.91% from its previous closing price of $22.48. In other words, the price has decreased by -$1.91 from its previous closing price. On the day, 0.78 million shares were traded. WWW stock price reached its highest trading level at $22.6 during the session, while it also had its lowest trading level at $21.94.
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 12.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.38. For the most recent quarter (mrq), Quick Ratio is recorded 0.77 and its Current Ratio is at 1.23. In the meantime, Its Debt-to-Equity ratio is 2.98 whereas as Long-Term Debt/Eq ratio is at 2.40.
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 12 ’24 when Klimek Amy M. sold 24,000 shares for $22.07 per share. The transaction valued at 529,680 led to the insider holds 20,238 shares of the business.
Klimek Amy M. sold 10,214 shares of WWW for $205,404 on Nov 07 ’24. The Chief Human Resources Officer now owns 19,093 shares after completing the transaction at $20.11 per share. On Nov 12 ’24, another insider, Klimek Amy M., who serves as the Officer of the company, bought 24,000 shares for $22.07 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WWW now has a Market Capitalization of 1765474944 and an Enterprise Value of 2492676096. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.96 while its Price-to-Book (P/B) ratio in mrq is 6.13. Its current Enterprise Value per Revenue stands at 1.395 whereas that against EBITDA is 103.431.
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 $7.58. The 50-Day Moving Average of the stock is 5.72%, while the 200-Day Moving Average is calculated to be 46.44%.
Shares Statistics:
For the past three months, WWW has traded an average of 1.22M shares per day and 1426820 over the past ten days. A total of 80.07M shares are outstanding, with a floating share count of 78.73M. Insiders hold about 1.67% of the company’s shares, while institutions hold 94.11% stake in the company. Shares short for WWW as of 1734048000 were 4135776 with a Short Ratio of 3.39, compared to 1731628800 on 3511301. Therefore, it implies a Short% of Shares Outstanding of 4135776 and a Short% of Float of 8.9499995.
Dividends & Splits
According to the company, the forward annual dividend rate for WWW is 0.30, from 0.4 in the trailing year. Against a Trailing Annual Dividend Yield of 0.017793596The stock’s 5-year Average Dividend Yield is 2.32.
