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.
Several price targets were given for WWW by the analysts covering the stock. The highest price target was 31, which equates to a potential upside of 11.55 percent. The most pessimistic price target was 18, which equates to a potential downside of -35.23 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -6.45 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of 2.64 percent in FY estimates.
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. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
WWW has an estimated earnings growth rate of 75.54 percent as forecasted by analysts. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, although it is frequently more appropriate to compare PEG ratios to the company's peers. WWW has a PEG ratio of 0.42.
WWW has a 52-week high of 28.23 and a 52-week low of 20.58. Currently the stock is 35.03 percent higher than its low, and below the high by 1.56 percent. 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 stock has a market capitalization of $2.71 billion. WWW will post this quarters earnings in days, on 0000-00-00.