A new trading day began on Tuesday, with Wolverine World Wide, Inc (NYSE: WWW) stock price down -0.86% from the previous day of trading, before settling in for the closing price of $23.36. WWW’s price has ranged from $7.58 to $24.64 over the past 52 weeks.
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Annual sales at Consumer Cyclical sector company grew by 1.97% over the past five years. Meanwhile, its annual earnings per share averaged 1688.70%. With a float of $78.73 million, this company’s outstanding shares have now reached $80.07 million.
Let’s look at the performance matrix of the company that is accounted for 4100 employees. 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 and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Footwear & Accessories Industry. The insider ownership of Wolverine World Wide, Inc is 1.67%, while institutional ownership is 94.11%. 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) Latest Financial update
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
Here are Wolverine World Wide, Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.04. Likewise, its price to free cash flow for the trailing twelve months is 9.08.
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)
Wolverine World Wide, Inc (NYSE: WWW) saw its 5-day average volume 1.2 million, a positive change from its year-to-date volume of 1.11 million. As of the previous 9 days, the stock’s Stochastic %D was 43.38%. Additionally, its Average True Range was 0.83.
During the past 100 days, Wolverine World Wide, Inc’s (WWW) raw stochastic average was set at 88.05%, which indicates a significant increase from 35.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 36.97% in the past 14 days, which was lower than the 63.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $19.89, while its 200-day Moving Average is $14.54. Nevertheless, the first resistance level for the watch stands at $23.47 in the near term. At $23.77, the stock is likely to face the second major resistance level. The third major resistance level sits at $24.17. If the price goes on to break the first support level at $22.77, it is likely to go to the next support level at $22.37. The third support level lies at $22.07 if the price breaches the second support level.
Wolverine World Wide, Inc (NYSE: WWW) Key Stats
With a market capitalization of 1.85 billion, the company has a total of 80,067K Shares Outstanding. Currently, annual sales are 2,243 M while annual income is -39,600 K. The company’s previous quarter sales were 440,200 K while its latest quarter income was 23,600 K.
