On Friday, Wolverine World Wide, Inc. (NYSE: WWW) opened higher 1.24% from the last session, before settling in for the closing price of $16.94. Price fluctuations for WWW have ranged from $7.52 to $18.51 over the past 52 weeks.
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A company in the Consumer Cyclical sector has jumped its sales by 1.97% annually for the last half of the decade. Company’s average yearly earnings per share was noted 1577.28% at the time writing. With a float of $78.69 million, this company’s outstanding shares have now reached $79.55 million.
In an organization with 4100 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 40.58%, operating margin of -8.04%, and the pretax margin is -10.09%.
Wolverine World Wide, Inc. (WWW) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Footwear & Accessories industry is another important factor to consider. The insider ownership of Wolverine World Wide, Inc. is 1.65%, while institutional ownership is 97.17%. The most recent insider transaction that took place on Sep 26 ’24, was worth 131,156. In this transaction Chief Legal Officer of this company sold 7,706 shares at a rate of $17.02, taking the stock ownership to the 13,889 shares. Before that another transaction happened on Sep 26 ’24, when Company’s Officer proposed sale 7,706 for $17.02, making the entire transaction worth $131,188.
Wolverine World Wide, Inc. (WWW) Latest Financial update
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.07 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.07) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.43 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1577.28% per share during the next fiscal year.
Wolverine World Wide, Inc. (NYSE: WWW) Trading Performance Indicators
Check out the current performance indicators for Wolverine World Wide, Inc. (WWW). In the past quarter, the stock posted a quick ratio of 0.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.73. Likewise, its price to free cash flow for the trailing twelve months is 24.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.05, a number that is poised to hit 0.21 in the next quarter and is forecasted to reach 1.27 in one year’s time.
Technical Analysis of Wolverine World Wide, Inc. (WWW)
Let’s dig in a bit further. During the last 5-days, its volume was 0.8 million. That was inferior than the volume of 1.11 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 48.30%. Additionally, its Average True Range was 0.63.
During the past 100 days, Wolverine World Wide, Inc.’s (WWW) raw stochastic average was set at 78.65%, which indicates a significant increase from 46.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.11% in the past 14 days, which was lower than the 43.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.90, while its 200-day Moving Average is $12.14. However, in the short run, Wolverine World Wide, Inc.’s stock first resistance to watch stands at $17.31. Second resistance stands at $17.47. The third major resistance level sits at $17.69. If the price goes on to break the first support level at $16.93, it is likely to go to the next support level at $16.72. The third support level lies at $16.56 if the price breaches the second support level.
Wolverine World Wide, Inc. (NYSE: WWW) Key Stats
There are currently 79,929K shares outstanding in the company with a market cap of 1.37 billion. Presently, the company’s annual sales total 2,243 M according to its annual income of -39,600 K. Last quarter, the company’s sales amounted to 425,200 K and its income totaled 14,200 K.
