Wolverine World Wide (NYSE:WWW) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.82 by 11 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 8 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. Sterne Agee CRT downgrades their rating on the shares of Wolverine World Wide (NYSE:WWW). The current rating of the shares is Underperform. Earlier, the shares were rated a Neutral by the brokerage firm. The rating by the firm was issued on April 27, 2016.
Wolverine World Wide (NYSE:WWW): The mean estimate for the short term price target for Wolverine World Wide (NYSE:WWW) stands at $19.8 according to 10 Analysts. The higher price target estimate for the stock has been calculated at $25 while the lower price target estimate is at $15.
Wolverine World Wide (NYSE:WWW) rose 0.15% or 0.03 points on Tuesday and made its way into the gainers of the day. After trading began at $20.46 the stock was seen hitting $20.755 as a peak level and $20.34 as the lowest level. The stock ended up at $20.5. The daily volume was measured at 1,407,267 shares. The 52-week high of the share price is $29.94 and the 52-week low is $14.74. The company has a market cap of $2,041 million.
Shares of Wolverine World Wide Inc. rose by 6.6% in the last five trading days and 18.16% for the last 4 weeks. Wolverine World Wide Inc. is up 11.3% in the last 3-month period. Year-to-Date the stock performance stands at 23.08%.
Wolverine World Wide, Inc. is a designer, manufacturer and marketer of casual footwear and apparel, outdoor and athletic footwear and apparel, childrens footwear, industrial work boots and apparel, and uniform shoes and boots. The Company operates in three operating segments: Lifestyle Group, consisting of Sperry Top-Sider footwear and apparel, Stride Rite footwear and apparel, Hush Puppies footwear and apparel, Keds footwear and apparel, and Soft Style footwear; Performance Group, consisting of Merrell footwear and apparel, Saucony footwear and apparel, Chaco footwear, and Cushe footwear, and Heritage Group, consisting of Wolverine footwear and apparel, Cat footwear, Bates uniform footwear, Sebago footwear and apparel, Harley-Davidson footwear, and HyTest safety footwear. The Other category consists of the Companys multi-brand consumer-direct business, leather marketing operations, and sourcing operations that include third-party commission revenues.