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.

A number of analysts gave price targets for WWW. The most optimistic analyst gave a price target of 31, implying potential capital gains of 11.55 percent. The most pessimistic analyst gave a price target of 18, implying potential capital losses of -35.23 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average of 0 percent. 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. If we look at the last 90 days instead, we find a net average change of 2.64 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, 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, while 0 analysts decreased their 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. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. 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.

WWW has a 52-week high of 28.23 and a 52-week low of 20.58. The current market price is above the trailing year's low by 35.03 percent, and 1.56 percent lower than its 52-week 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 stock has a market capitalization of $2.71 billion. WWW's next earnings release will be on 0000-00-00, which is days away.