On Tuesday, Wolverine World Wide, Inc (NYSE: WWW) opened lower -3.07% from the last session, before settling in for the closing price of $23.74. Price fluctuations for WWW have ranged from $7.58 to $24.09 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 1688.70% at the time writing. With a float of $78.73 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 41.66%, operating margin of -8.0%, and the pretax margin is -9.47%.
Wolverine World Wide, Inc (WWW) Insider Updates
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 1.67%, while institutional ownership is 94.08%. The most recent insider transaction that took place on Nov 12 ’24, was worth 529,680. In this transaction Chief Human Resources Officer of this company sold 24,000 shares at a rate of $22.07, taking the stock ownership to the 20,238 shares. Before that another transaction happened on Nov 07 ’24, when Company’s Chief Human Resources Officer sold 10,214 for $20.11, making the entire transaction worth $205,404. This insider now owns 19,093 shares in total.
Wolverine World Wide, Inc (WWW) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted -0.3 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.27) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.25 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 1688.70% 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 0.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.03. Likewise, its price to free cash flow for the trailing twelve months is 9.02.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.87, a number that is poised to hit 0.41 in the next quarter and is forecasted to reach 1.35 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 0.91 million. That was inferior than the volume of 1.12 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 78.90%. Additionally, its Average True Range was 0.91.
During the past 100 days, Wolverine World Wide, Inc’s (WWW) raw stochastic average was set at 90.96%, which indicates a significant increase from 84.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 125.91% in the past 14 days, which was higher than the 64.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.00, while its 200-day Moving Average is $13.58. However, in the short run, Wolverine World Wide, Inc’s stock first resistance to watch stands at $23.44. Second resistance stands at $23.86. The third major resistance level sits at $24.13. If the price goes on to break the first support level at $22.75, it is likely to go to the next support level at $22.48. Assuming the price breaks the second support level, the third support level stands at $22.06.
Wolverine World Wide, Inc (NYSE: WWW) Key Stats
There are currently 80,067K shares outstanding in the company with a market cap of 1.84 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 440,200 K and its income totaled 23,600 K.
