NYSE:WWW - Wolverine World Wide Stock Price, News, & Analysis

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$33.62 +0.40 (+1.20 %)
(As of 12/12/2018 04:00 PM ET)
Previous Close$33.22
Today's Range$32.5150 - $34.0526
52-Week Range$27.93 - $39.77
Volume379,073 shs
Average Volume681,860 shs
Market Capitalization$3.14 billion
P/E Ratio20.50
Dividend Yield0.97%
Beta1.05
Wolverine World Wide, Inc. designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories. The company operates through four segments: Wolverine Outdoor & Lifestyle Group, Wolverine Boston Group, Wolverine Heritage Group, and Wolverine Multi-Brand Group. It offers casual footwear and apparel; performance outdoor and athletic footwear and apparel; children's footwear; industrial work boots and apparel; and uniform shoes and boots. The company sources and markets a range of footwear styles, such as shoes, boots, and sandals under the Bates, Cat, Chaco, Harley-Davidson, Hush Puppies, HyTest, Keds, Merrell, Saucony, Sebago, Soft Style, Sperry, Stride Rite, and Wolverine brand names. It also markets apparel and accessories under the Merrell and Wolverine brands, as well as licenses its brands for use on non-footwear products, including the Hush Puppies apparel, eyewear, watches, socks, handbags, and plush toys; the Wolverine brand eyewear and gloves; and the Keds, Saucony, Sperry brand apparel. In addition, the company markets pigskin leather under the Wolverine Warrior Leather, Weather Tight, and All Season Weather Leathers trademarks for use in the footwear industry. Wolverine World Wide, Inc. sells its products in the United States, Canada, the United Kingdom, and certain countries in continental Europe and Asia Pacific to department stores, national chains, catalog and specialty retailers, independent retailers, uniform outlets, and mass merchant and government customers through retail stores, as well as through third-party licensees and distributors. As of December 30, 2017, the company operated 81 retail stores, as well as 29 consumer-direct Websites. Wolverine World Wide, Inc. was founded in 1883 and is based in Rockford, Michigan.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Footwear, except rubber
Sub-IndustryFootwear
SectorConsumer Discretionary
Current SymbolNYSE:WWW
Previous Symbol
CUSIP97809710
Phone616-866-5500

Debt

Debt-to-Equity Ratio0.57
Current Ratio2.65
Quick Ratio1.75

Price-To-Earnings

Trailing P/E Ratio20.50
Forward P/E Ratio15.56
P/E Growth1.53

Sales & Book Value

Annual Sales$2.35 billion
Price / Sales1.36
Cash Flow$2.0792 per share
Price / Cash Flow16.17
Book Value$9.98 per share
Price / Book3.37

Profitability

EPS (Most Recent Fiscal Year)$1.64
Net Income$300,000.00
Net Margins4.45%
Return on Equity20.26%
Return on Assets8.81%

Miscellaneous

Employees3,700
Outstanding Shares94,840,000
Market Cap$3.14 billion
OptionableOptionable

Wolverine World Wide (NYSE:WWW) Frequently Asked Questions

What is Wolverine World Wide's stock symbol?

Wolverine World Wide trades on the New York Stock Exchange (NYSE) under the ticker symbol "WWW."

How often does Wolverine World Wide pay dividends? What is the dividend yield for Wolverine World Wide?

Wolverine World Wide announced a quarterly dividend on Thursday, November 1st. Investors of record on Wednesday, January 2nd will be paid a dividend of $0.08 per share on Friday, February 1st. This represents a $0.32 annualized dividend and a yield of 0.95%. The ex-dividend date of this dividend is Monday, December 31st. View Wolverine World Wide's Dividend History.

How were Wolverine World Wide's earnings last quarter?

Wolverine World Wide, Inc. (NYSE:WWW) released its quarterly earnings results on Wednesday, November, 7th. The textile maker reported $0.62 EPS for the quarter, beating analysts' consensus estimates of $0.56 by $0.06. The textile maker earned $558.60 million during the quarter, compared to analyst estimates of $584.25 million. Wolverine World Wide had a net margin of 4.45% and a return on equity of 20.26%. Wolverine World Wide's quarterly revenue was down 3.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.43 earnings per share. View Wolverine World Wide's Earnings History.

When is Wolverine World Wide's next earnings date?

Wolverine World Wide is scheduled to release their next quarterly earnings announcement on Wednesday, February 20th 2019. View Earnings Estimates for Wolverine World Wide.

What guidance has Wolverine World Wide issued on next quarter's earnings?

Wolverine World Wide updated its fourth quarter 2018 earnings guidance on Wednesday, November, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $575-586 million, compared to the consensus revenue estimate of $599.21 million.Wolverine World Wide also updated its FY18 guidance to $2.12-2.16 EPS.

What price target have analysts set for WWW?

12 analysts have issued 1-year price targets for Wolverine World Wide's shares. Their forecasts range from $34.00 to $44.00. On average, they anticipate Wolverine World Wide's stock price to reach $39.2727 in the next year. This suggests a possible upside of 16.8% from the stock's current price. View Analyst Price Targets for Wolverine World Wide.

What is the consensus analysts' recommendation for Wolverine World Wide?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wolverine World Wide in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Wolverine World Wide.

What are Wall Street analysts saying about Wolverine World Wide stock?

Here are some recent quotes from research analysts about Wolverine World Wide stock:
  • 1. Pivotal Research analysts commented, "We calculate that the $0.06 beat was due to a lower-than-expected tax rate." (11/5/2018)
  • 2. According to Zacks Investment Research, "Wolverine’s shares have surpassed the industry in the past six months, buoyed by robust earnings trend. Markedly, during second-quarter 2018, the company’s earnings surpassed the consensus mark and surged from the prior-year quarter’s level, owing to improved gross and operating margins. Incidentally, the continued strength in bottom-line performance propelled management to raise earnings view for 2018. Further, the company has also been progressing well with its GLOBAL GROWTH AGENDA, which focuses on empowering brands through innovation, implementing advanced digital tools and expanding into new markets. Despite such efforts, the company’s top line has been dismal since the past four quarters, due to change in quarterly calendars, negative impacts of store closures and portfolio changes. Moreover, the company is exposed to significant currency risks stemming from international markets." (10/17/2018)

Has Wolverine World Wide been receiving favorable news coverage?

News articles about WWW stock have trended extremely positive recently, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Wolverine World Wide earned a daily sentiment score of 5.0 on InfoTrie's scale. They also assigned news articles about the textile maker a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the near term.

Who are some of Wolverine World Wide's key competitors?

Who are Wolverine World Wide's key executives?

Wolverine World Wide's management team includes the folowing people:
  • Mr. Blake W. Krueger, Chairman, CEO & Pres (Age 64)
  • Mr. Michael David Stornant, Sr. VP, CFO & Treasurer (Age 51)
  • Mr. James D. Zwiers, Exec. VP (Age 50)
  • Mr. Richard J. Woodworth, Pres of Wolverine Boston Group (Age 60)
  • Mr. Todd Spaletto, Pres of Wolverine Outdoor & Lifestyle Group (Age 46)

Who are Wolverine World Wide's major shareholders?

Wolverine World Wide's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (14.40%), Vanguard Group Inc. (9.70%), Dimensional Fund Advisors LP (3.15%), FMR LLC (2.81%), Earnest Partners LLC (2.78%) and Victory Capital Management Inc. (2.43%). Company insiders that own Wolverine World Wide stock include Amy M Klimek, James D Zwiers, Joseph R Gromek, Michael D Stornant, Michael Jeppesen, Richard Woodworth and William K Gerber. View Institutional Ownership Trends for Wolverine World Wide.

Which institutional investors are selling Wolverine World Wide stock?

WWW stock was sold by a variety of institutional investors in the last quarter, including Marshall Wace North America L.P., Victory Capital Management Inc., Monarch Partners Asset Management LLC, FMR LLC, Dimensional Fund Advisors LP, Morgan Stanley, William Blair Investment Management LLC and Macquarie Group Ltd.. Company insiders that have sold Wolverine World Wide company stock in the last year include Amy M Klimek, James D Zwiers, Michael D Stornant, Michael Jeppesen, Richard Woodworth and William K Gerber. View Insider Buying and Selling for Wolverine World Wide.

Which institutional investors are buying Wolverine World Wide stock?

WWW stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Marshall Wace LLP, Teachers Advisors LLC, Atlanta Capital Management Co. L L C, Citadel Advisors LLC, Braun Stacey Associates Inc., Vanguard Group Inc. and TIAA CREF Investment Management LLC. View Insider Buying and Selling for Wolverine World Wide.

How do I buy shares of Wolverine World Wide?

Shares of WWW can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Wolverine World Wide's stock price today?

One share of WWW stock can currently be purchased for approximately $33.62.

How big of a company is Wolverine World Wide?

Wolverine World Wide has a market capitalization of $3.14 billion and generates $2.35 billion in revenue each year. The textile maker earns $300,000.00 in net income (profit) each year or $1.64 on an earnings per share basis. Wolverine World Wide employs 3,700 workers across the globe.

What is Wolverine World Wide's official website?

The official website for Wolverine World Wide is http://www.wolverineworldwide.com.

How can I contact Wolverine World Wide?

Wolverine World Wide's mailing address is 9341 COURTLAND DRIVE N.E., ROCKFORD MI, 49351. The textile maker can be reached via phone at 616-866-5500 or via email at [email protected]


MarketBeat Community Rating for Wolverine World Wide (NYSE WWW)

Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  320 (Vote Outperform)
Underperform Votes:  622 (Vote Underperform)
Total Votes:  942
MarketBeat's community ratings are surveys of what our community members think about Wolverine World Wide and other stocks. Vote "Outperform" if you believe WWW will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WWW will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/12/2018 by MarketBeat.com Staff

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