Analyst Ratings for Wolverine World Wide Inc. (WWW)

Updated: 2017-07-27

Wolverine World Wide Inc. (NYSE:WWW) was awarded an average rating of Hold from investment analysts following the stock. A consensus rating of Hold was previously issued for WWW last month.

A buy rating was issued by 2 analysts, 2 gave an overweight rating, 8 issued a hold rating, 0 gave an underweight rating, and 1 issued a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

Investment analysts gave a few price targets for WWW. The most optimistic analyst gave a price target of 31, implying a possible profit of 11.55 percent. The most pessimistic analyst gave a price target of 18, implying potential capital losses of -35.23 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -6.45 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.64 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

The growth rate of WWW's earnings is estimated by analysts to be 75.54 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of WWW is 0.42.

In the trailing 52-weeks, WWW hit 28.23 at the highest peak, while it's lowest trading point was 20.58. The current market price is above the trailing year's low by 35.03 percent, and 1.56 percent below the high. WWW has a price/earnings ratio of 31.58. Investors typically compare the P/E ratio to a company's peers in the industry. The WWW value stock report compares WWW to some of its peers using value stock charts. The market cap of WWW is $2.71 billion. WWW will post this quarters earnings in days, on 0000-00-00.