Wolverine World Wide Stock Today

WWW Stock  USD 22.11  0.20  0.90%   

Performance

15 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 22

 
High
 
Low
Low
Wolverine World is selling for under 22.11 as of the 13th of November 2024; that is 0.9 percent decrease since the beginning of the trading day. The stock's lowest day price was 21.61. Wolverine World has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for Wolverine World Wide are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of August 2024 and ending today, the 13th of November 2024. Click here to learn more.
Business Domain
Consumer Durables & Apparel
IPO Date
18th of December 1984
Category
Consumer Cyclical
Classification
Consumer Discretionary
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. Wolverine World Wide, Inc. The company has 80.07 M outstanding shares of which 4.07 M shares are at this time shorted by investors with about 2.3 days to cover. More on Wolverine World Wide

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Wolverine Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOBrendan Hoffman
Thematic IdeaApparel (View all Themes)
Business ConcentrationTextiles, Apparel & Luxury Goods, Consumer Durables & Apparel, Consumer Discretionary, NYSE Composite, SP Small-Cap 600, Apparel, Consumer Discretionary, Textiles, Apparel & Luxury Goods, Footwear & Accessories, Consumer Cyclical (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.541.24
Fairly Up
Very volatile
Gross Profit Margin0.290.36
Significantly Down
Pretty Stable
Total Current Liabilities912.9 M869.4 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total938.1 M893.4 M
Sufficiently Up
Pretty Stable
Total Assets1.2 B2.1 B
Way Down
Pretty Stable
Total Current Assets584.3 MB
Way Down
Pretty Stable
Debt Levels
Wolverine World can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Wolverine World's financial leverage. It provides some insight into what part of Wolverine World's total assets is financed by creditors.
Liquidity
Wolverine World Wide has 1.09 B in debt with debt to equity (D/E) ratio of 2.46, meaning that the company heavily relies on borrowing funds for operations. Wolverine World Wide has a current ratio of 1.15, demonstrating that it may not have the ability to pay its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Wolverine to invest in growth at high rates of return.

Capital Expenditures

24.04 Million
Wolverine World Wide (WWW) is traded on New York Stock Exchange in USA. It is located in 9341 Courtland Drive N.E., Rockford, MI, United States, 49351 and employs 4,100 people. Wolverine World is listed under Textiles, Apparel & Luxury Goods category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 1.77 B. Wolverine World Wide runs under Textiles, Apparel & Luxury Goods sector within Consumer Discretionary industry. The entity has 80.07 M outstanding shares of which 4.07 M shares are at this time shorted by investors with about 2.3 days to cover. Wolverine World Wide has about 131.5 M in cash with 121.8 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.73.
Check Wolverine World Probability Of Bankruptcy
Ownership Allocation
Wolverine World Wide retains a total of 80.07 Million outstanding shares. The majority of Wolverine World outstanding shares are owned by institutional investors. These institutions are usually referred to as non-private investors looking to purchase positions in Wolverine World Wide to benefit from reduced commissions. Consequently, other corporate entities are subject to a different set of regulations than regular investors in Wolverine World Wide. Please pay attention to any change in the institutional holdings of Wolverine World Wide as this could imply that something significant has changed or is about to change at the company. Also note that almost five hundred twelve thousand four hundred twenty-eight invesors are currently shorting Wolverine World expressing very little confidence in its future performance.
Check Wolverine Ownership Details

Wolverine Stock Institutional Holders

InstituionRecorded OnShares
Arrowstreet Capital Limited Partnership2024-06-30
1.6 M
Aristotle Capital Boston, Llc2024-06-30
1.3 M
Bank Of America Corp2024-06-30
1.2 M
Dimensional Fund Advisors, Inc.2024-06-30
M
Bank Of New York Mellon Corp2024-06-30
994.4 K
Northern Trust Corp2024-06-30
945.5 K
Goldman Sachs Group Inc2024-06-30
848.2 K
New York State Common Retirement Fund2024-06-30
836 K
Select Equity Group Lp2024-06-30
776.5 K
Blackrock Inc2024-06-30
12.2 M
Fmr Inc2024-06-30
11.6 M
View Wolverine World Diagnostics

Wolverine World Historical Income Statement

At this time, Wolverine World's Depreciation And Amortization is fairly stable compared to the past year. Total Operating Expenses is likely to climb to about 888.1 M in 2024, whereas Total Revenue is likely to drop slightly above 1.3 B in 2024. View More Fundamentals

Wolverine Stock Against Markets

Wolverine World Corporate Directors

Jeffrey BoromisaIndependent DirectorProfile
David KollatLead Independent DirectorProfile
Gina BoswellIndependent DirectorProfile
Michael VolkemaIndependent DirectorProfile

Already Invested in Wolverine World Wide?

The danger of trading Wolverine World Wide is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Wolverine World is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Wolverine World. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Wolverine World Wide is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.

Additional Tools for Wolverine Stock Analysis

When running Wolverine World's price analysis, check to measure Wolverine World's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wolverine World is operating at the current time. Most of Wolverine World's value examination focuses on studying past and present price action to predict the probability of Wolverine World's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wolverine World's price. Additionally, you may evaluate how the addition of Wolverine World to your portfolios can decrease your overall portfolio volatility.