Wolverine World Wide is part of the consumer cyclical sector and is in the manufacturing apparel and furniture industry. The company CEO is Blake W. Krueger. Wolverine World Wide Inc is a designer, manufacturer and marketer of footwear, apparel and accessories. The company sells casual footwear and apparel through its lifestyle group, and it sells performance and athletic apparel through its performance group.
Previous Intraday Trading Performance:
The WWW stock showed a previous change of 0.03% with an open at 36.31 and a close of 36.52. It reached an intraday high of 36.77 and a low of 36.27.
The stock has a market cap of $3.3b with 90.0m shares outstanding, of which the float is 85.5m shares. Trading volume reached 430,378 shares compared to its average volume of 596,243 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.
Historical Trading Performance:
Over the last five trading days, Wolverine World Wide shares returned 1.53% and in the past 30 trading days it returned 4.84%. Over three months, it changed 10.01%. In one year it has changed 23.03% and within that year its 52-week high was 39.77 and its 52-week low was 28.64. WWW stock is 27.51% above its 52 Week Low.
Our calculations show a 200 day moving average of 35.29 and a 50 day moving average of 35.96. Currently WWW stock is trading 3.47% above its 200 day moving average and may be a good opportunity to buy.
The last annual fiscal EPS for the company was reported at 2.05 that ended on 31st of December 2018, which according to the previous close, that is a PE of 17.81. Based on 6 analyst estimates, the consensus EPS for the next quarter is 0.47. The TTM EPS is 2.18, which comes to a TTM PE of 16.75. Historically, the PE high was 37,948.50 and the PE low was 12.40. If the stock reached its PE low, that would represent a price of 27.04, which is a decrease of -25.97%.
The dividend per share is currently 0.40, which is a dividend yield of 1.10%. Also, the payout ratio is 18.35%, therefore the dividend is safe according to our calculations.
Base on our calculations, the intrinsic value per share is 33.09, which means it may be overvalued by -10.36%
Indicators to Watch:
Based on the latest filings, there is 143.70% of institutional ownership. Short-interest is 3,112,041, which is 3.46% of shares outstanding. The short-interest ratio or days-to-cover ratio is 3.98. This stock has some short interest, but it may be normal and no cause for concern if long the position.
The current calculated beta is 0.96
Based on last reported financials, the company’s return on equity is 20.33%, return on assets is 8.60%, profit margin is 9.01%, price-to-sales is 1.93 and price-to-book is 3.33.
All scores are out of six:
1 :Valuation Score
5 :Past Performance Score
4 :Financial Strength Score
1 :Future Growth Score
4 :Dividend Score
3 :Overall Score