The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Wolverine World Wide, Inc (NYSE: WWW) closed at $22.56 down -1.44% from its previous closing price of $22.89. In other words, the price has decreased by -$1.44 from its previous closing price. On the day, 1.33 million shares were traded. WWW stock price reached its highest trading level at $23.78 during the session, while it also had its lowest trading level at $22.43.
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 12.88 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.85. 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 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:
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 1806311424 and an Enterprise Value of 2533510400. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.01 while its Price-to-Book (P/B) ratio in mrq is 6.27. Its current Enterprise Value per Revenue stands at 1.418 whereas that against EBITDA is 105.125.
Stock Price History:
The Beta on a monthly basis for WWW is 1.90, which has changed by 1.6666667 over the last 52 weeks, in comparison to a change of 0.24359846 over the same period for the S&P500. Over the past 52 weeks, WWW has reached a high of $24.64, while it has fallen to a 52-week low of $8.05. The 50-Day Moving Average of the stock is -0.91%, while the 200-Day Moving Average is calculated to be 41.78%.
Shares Statistics:
For the past three months, WWW has traded an average of 1.18M shares per day and 1243890 over the past ten days. A total of 80.07M shares are outstanding, with a floating share count of 78.74M. Insiders hold about 1.66% of the company’s shares, while institutions hold 94.17% stake in the company. Shares short for WWW as of 1735603200 were 4397642 with a Short Ratio of 3.72, compared to 1732838400 on 3997072. Therefore, it implies a Short% of Shares Outstanding of 4397642 and a Short% of Float of 9.520000000000001.
Dividends & Splits
According to the company, the forward annual dividend rate for WWW is 0.40, from 0.4 in the trailing year. Against a Trailing Annual Dividend Yield of 0.01747488The stock’s 5-year Average Dividend Yield is 2.33.
