A new trading day began on Tuesday, with Wolverine World Wide, Inc (NYSE: WWW) stock price down -1.44% from the previous day of trading, before settling in for the closing price of $20.80. WWW’s price has ranged from $8.25 to $24.64 over the past 52 weeks.
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During the last 5-year period, the sales growth of Consumer Cyclical Sector giant was 2.08%. Meanwhile, its annual earnings per share averaged 1685.72%. With a float of $78.61 million, this company’s outstanding shares have now reached $80.07 million.
Let’s determine the extent of company efficiency that accounts 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 Activity
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 1.82%, while institutional ownership is 97.57%. The most recent insider transaction that took place on Nov 25 ’24, was worth 181,183. In this transaction President, International Group of this company sold 7,687 shares at a rate of $23.57, taking the stock ownership to the 34,206 shares. Before that another transaction happened on Nov 12 ’24, when Company’s Chief Human Resources Officer sold 24,000 for $22.07, making the entire transaction worth $529,680. This insider now owns 20,238 shares in total.
Wolverine World Wide, Inc (WWW) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 1685.72% 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 0.92. Likewise, its price to free cash flow for the trailing twelve months is 8.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.87, a number that is poised to hit 0.42 in the next quarter and is forecasted to reach 1.35 in one year’s time.
Technical Analysis of Wolverine World Wide, Inc (WWW)
Looking closely at Wolverine World Wide, Inc (NYSE: WWW), its last 5-days average volume was 0.96 million, which is a drop from its year-to-date volume of 1.08 million. As of the previous 9 days, the stock’s Stochastic %D was 5.00%. Additionally, its Average True Range was 0.89.
During the past 100 days, Wolverine World Wide, Inc’s (WWW) raw stochastic average was set at 58.22%, which indicates a significant increase from 2.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.92% in the past 14 days, which was lower than the 60.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.73, while its 200-day Moving Average is $16.79. However, in the short run, Wolverine World Wide, Inc’s stock first resistance to watch stands at $20.81. Second resistance stands at $21.13. The third major resistance level sits at $21.30. If the price goes on to break the first support level at $20.32, it is likely to go to the next support level at $20.15. Should the price break the second support level, the third support level stands at $19.83.
Wolverine World Wide, Inc (NYSE: WWW) Key Stats
With a market capitalization of 1.64 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.
