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.
Many analysts weighed in on price targets for WWW. The most optimistic price target was 31, which equates to a potential upside of 11.55 percent. The minimum price target given was 18, implying potential capital losses of -35.23 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -6.45 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.64 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 0 analysts that decreased their estimates. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 0 analysts that revised their FY estimates downwards.
Analysts estimate earnings of WWW to grow at a rate of 75.54 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. 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 P/E 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 is estimated to release their earnings results for the quarter on 0000-00-00, days from today.