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Wolverine World Wide Inc

Footwear & Accessories
Consumer Cyclical

Prices are adjusted according to historical splits.

Wolverine World Wide Inc Stock Price

Vitals

Today's Low:
$8.03
Today's High:
$8.35
Open Price:
$8.12
52W Low:
$7.9
52W High:
$18.873
Prev. Close:
$8.06
Volume:
989334

Company Statistics

Market Cap.:
$640.89 million
Book Value:
4.362
Revenue TTM:
$2.54 billion
Operating Margin TTM:
4.65%
Gross Profit TTM:
$1.07 billion
Profit Margin:
-10.99%
Return on Assets TTM:
2.79%
Return on Equity TTM:
-54.36%

Company Profile

Wolverine World Wide Inc had its IPO on 1984-12-18 under the ticker symbol WWW.

The company operates in the Consumer Cyclical sector and Footwear & Accessories industry. Wolverine World Wide Inc has a staff strength of 4,300 employees.

Stock update

Shares of Wolverine World Wide Inc opened at $8.12 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $8.03 - $8.35, and closed at $8.32.

This is a +3.23% increase from the previous day's closing price.

A total volume of 989,334 shares were traded at the close of the day’s session.

In the last one week, shares of Wolverine World Wide Inc have slipped by -5.56%.

Wolverine World Wide Inc's Key Ratios

Wolverine World Wide Inc has a market cap of $640.89 million, indicating a price to book ratio of 1.326 and a price to sales ratio of 0.3185.

In the last 12-months Wolverine World Wide Inc’s revenue was $2.54 billion with a gross profit of $1.07 billion and an EBITDA of $153.30 million. The EBITDA ratio measures Wolverine World Wide Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Wolverine World Wide Inc’s operating margin was 4.65% while its return on assets stood at 2.79% with a return of equity of -54.36%.

In Q2, Wolverine World Wide Inc’s quarterly earnings growth was a negative -80.7% while revenue growth was a negative 17.4%.

Wolverine World Wide Inc’s PE and PEG Ratio

Forward PE
5.3419
Trailing PE
0
PEG
1.72

Its diluted EPS in the last 12-months stands at $-3.34 per share while it has a forward price to earnings multiple of 5.3419 and a PEG multiple of 1.72. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Wolverine World Wide Inc’s profitability.

Wolverine World Wide Inc stock is trading at a EV to sales ratio of 0.9004 and a EV to EBITDA ratio of 8.8812. Its price to sales ratio in the trailing 12-months stood at 0.3185.

Wolverine World Wide Inc stock pays annual dividends of $0.4 per share, indicating a yield of 4.9% and a payout ratio of 24.84%.

Balance sheet and cash flow metrics

Total Assets
$2.36 billion
Total Liabilities
$964.20 million
Operating Cash Flow
$-7500000.00
Capital Expenditure
$6.90 million
Dividend Payout Ratio
24.84%

Wolverine World Wide Inc ended 2024 with $2.36 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $2.36 billion while shareholder equity stood at $366.90 million.

Wolverine World Wide Inc ended 2024 with $33.90 million in deferred long-term liabilities, $964.20 million in other current liabilities, 112900000.00 in common stock, $933.80 million in retained earnings and $469.70 million in goodwill. Its cash balance stood at $176.50 million and cash and short-term investments were $176.50 million. The company’s total short-term debt was $434,200,000 while long-term debt stood at $718.50 million.

Wolverine World Wide Inc’s total current assets stands at $1.16 billion while long-term investments were $0 and short-term investments were $0. Its net receivables were $241.50 million compared to accounts payable of $252.20 million and inventory worth $647.90 million.

In 2024, Wolverine World Wide Inc's operating cash flow was $-7500000.00 while its capital expenditure stood at $6.90 million.

Comparatively, Wolverine World Wide Inc paid $0.25 in dividends in 2024.

Other key metrics

Current Trading Price
$8.32
52-Week High
$18.873
52-Week Low
$7.9
Analyst Target Price
$12.25

Wolverine World Wide Inc stock is currently trading at $8.32 per share. It touched a 52-week high of $18.873 and a 52-week low of $18.873. Analysts tracking the stock have a 12-month average target price of $12.25.

Its 50-day moving average was $10.82 and 200-day moving average was $13.42 The short ratio stood at 3.16 indicating a short percent outstanding of 0%.

Around 320% of the company’s stock are held by insiders while 9734.4% are held by institutions.

Frequently Asked Questions About Wolverine World Wide Inc

The stock symbol (also called stock or share ticker) of Wolverine World Wide Inc is WWW

The IPO of Wolverine World Wide Inc took place on 1984-12-18

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About

Wolverine World Wide, Inc. designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories in the United States, Europe, the Middle East, Africa, the Asia Pacific, Canada and Latin America. It operates through Active Group, Work Group, Lifestyle Group segments. The company offers casual footwear and apparel; performance outdoor and athletic footwear and apparel; kids’ footwear; industrial work boots and apparel; and uniform shoes and boots. The company sources and markets a range of footwear and apparel styles, including shoes, boots and sandals under the Bates, Cat, Chaco, Harley-Davidson, Hush Puppies, Hytest, Merrell, Saucony, Sperry, Sweaty Betty, and Wolverine brands; and licenses under the Stride Rite brand. It also markets Merrell and Wolverine branded apparel and accessories, as well as licenses its brands for use on non-footwear products, including the Hush Puppies apparel, eyewear, watches, socks, handbags, and plush toys; and Wolverine branded eyewear and gloves. In addition, the company markets pigskin leather under the Wolverine Leather division; sourcing division provides consulting services related to product development, production control, quality assurance, materials procurement, compliance, and other service; and multi-brand direct-to-consumer division includes retail stores that sell footwear and apparel of its brand portfolio. Further, it sells its products to department stores, national chains, catalog and specialty retailers, independent retailers, uniform outlets, and mass merchant and government customers through retail stores, third-party licensees and distributors, and joint ventures; and operates brick and mortar retails stores, and e-commerce sites. Additionally, the company operates through a network of retail stores and consumer-direct e-commerce sites. Wolverine World Wide, Inc. was founded in 1883 and is headquartered in Rockford, Michigan.

Address

9341 Courtland Drive N.E., Rockford, MI, United States, 49351