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 maximum price target given was 31, which equates to a potential upside of 11.55 percent. The lowest price target was 18, implying potential capital losses of -35.23 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates upwards by an average 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.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts decreased their 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. Investors like to see smaller values for the PEG ratio, 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, although it is frequently more appropriate to compare PEG ratios to the company's peers. WWW has a PEG ratio of 0.42.

In the last 52-weeks, WWW has achieved a high of 28.23 and a 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 market cap of WWW is $2.71 billion. WWW's next earnings release will be on 0000-00-00, which is days away.