Wolverine World Wide, Inc. (WWW) Stock Forecast & Predictions

Wolverine World Wide, Inc. WWW: $33.4

9341 Courtland Dr NE, Rockford, Michigan, US. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: www.wolverineworldwide.com

  • Market Cap$2.73B
  • Change (52 Weeks)46.82%
  • Low (52 Weeks)$20.38
  • Wolverine World Wide, Inc. (WWW) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 25.00% are on Buy, 25.00% on Sell, and 50.00% Neutral.

    According to the market data, Wolverine World Wide, Inc. (WWW) stock price is $33.4 and the 52 weeks low is $20.38, which means the Wolverine World Wide, Inc. stock price is up 46.82% in the last 12 months.

    Wolverine World Wide, Inc. (WWW) Stock Price has been Trending Strongly with an ADX reading of 27.62 as per the Weekly Chart.

    A Upward trend indicates that Wolverine World Wide, Inc. (WWW) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 25.00% are indicating that WWW Stock price might rise further, 25.00% indicating that WWW Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall WWW stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Wolverine World Wide, Inc. (WWW) Stock Forecast By Analysts


    Moderate Buy
    Analysts Recommendations for Wolverine World Wide, Inc. (WWW) is based on 15 Institutional Analyst Ratings where 26.67% are on Strong Buy, 40.00% on Moderate Buy, 33.33% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 15 Institutional Analysts, majority recommended WWW stock as Moderate Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Wolverine World Wide, Inc..

    Wolverine World Wide, Inc. (WWW) Stock Price Prediction By Analysts


    HighLowAverage
    $55.65$36.36$45.29
    $45.2935.59% Upside
    Updated: 2021-06-18 00:00:00

    The Average Price target for WWW set by the institutional analysts is $45.29 where High Estimate is $55.65, Median $45.9 and Low $36.36.

    The average price target for WWW by Institutional Analysts is $45.29, which is 35.59% Upside from the current price. So according to the Institutional Analysts, WWW Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Wolverine World Wide, Inc. (WWW) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 433,085 investor portfolio.

    Our algorithm has analysed 433,085 investor portfolio with WWW stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about WWW and holding their positions hoping for a further rise in the stock price and more profit.

    Wolverine World Wide, Inc. (WWW) Stock Forecast Based on News Sentiment


    Bullish
    Based on 1 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about WWW, it shows that Wolverine World Wide, Inc. had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that WWW stock price may surge in the next few weeks.

    Wolverine World Wide, Inc. (WWW) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Telsey Advisory GroupMarket PerformMaintained
    KeyBancOverweightMaintained
    KeyBancOverweightMaintained
    WedbushOutperformMaintained
    Piper SandlerNeutralMaintained
    Pivotal ResearchBuyUpgraded
    KeyBancOverweightMaintained
    StifelBuyMaintained
    KeyBancOverweightUpgraded
    SusquehannaNeutralDowngraded
    StifelBuyMaintained
    SusquehannaPositiveMaintained
    Argus ResearchBuyUpgraded
    Stifel NicolausBuyMaintained
    ArgusHoldDowngraded
    BairdOutperformMaintained
    CitigroupNeutralMaintained
    ArgusBuyMaintained
    BuckinghamNeutralMaintained
    WedbushOutperformMaintained
    SusquehannaPositiveUpgraded
    CL KingStrong BuyUpgraded
    ArgusBuyUpgraded
    SusquehannaNeutralUpgraded
    DA DavidsonBuyUpgraded
    CitigroupNeutralMaintained
    BuckinghamNeutralMaintained
    Pivotal ResearchHoldInitiated
    Morgan StanleyEqual-WeightMaintained
    BairdOutperformUpgraded
    WedbushOutperformInitiated
    B. Riley FBRNeutralMaintained
    B. RileyNeutralMaintained
    SusquehannaNegativeInitiated
    SusquehannaPositiveUpgraded
    Sterne Agee CRTUnderperformDowngraded
    Sterne Agee CRTNeutralUpgraded
    PiperJaffrayNeutralMaintained
    KeyBancOverweightMaintained
    Stifel NicolausBuyMaintained
    Sterne Agee CRTUnderperformDowngraded
    CitigroupNeutralMaintained
    B. Riley FBRNeutralMaintained
    B. RileyNeutralMaintained
    CitigroupNeutralUpgraded
    SusquehannaNeutralMaintained
    BairdNeutralDowngraded
    DA DavidsonNeutralDowngraded
    Stifel NicolausBuyUpgraded
    B. Riley FBRNeutralInitiated
    B. RileyNeutralInitiated
    SusquehannaNeutralMaintained
    RBC CapitalSector PerformDowngraded
    BairdOutperformUpgraded
    Sterne AgeeNeutralUpgraded
    WunderlichHoldDowngraded
    CitigroupSellMaintained
    CitigroupSellMaintained
    DA DavidsonBuyUpgraded
    DA DavidsonNeutralMaintained
    MacquarieNeutralMaintained
    WunderlichBuyInitiated
    CL KingBuyUpgraded
    MacquarieNeutralInitiated
    KeyBancBuyUpgraded
    Argus ResearchHoldDowngraded
    ArgusHoldDowngraded
    CitigroupSellMaintained
    CitigroupSellMaintained
    DA DavidsonNeutralMaintained
    Buckingham ResearchNeutralInitiated
    CitigroupSellDowngraded
    DA DavidsonNeutralMaintained
    CitigroupSellDowngraded
    DA DavidsonNeutralMaintained
    Sterne AgeeUnderperformMaintained
    KeyBancHoldDowngraded
    PiperJaffrayNeutralMaintained
    DA DavidsonNeutralMaintained
    DA DavidsonNeutralDowngraded
    PiperJaffrayNeutralInitiated
    Credit SuisseOutperformUpgraded
    DA DavidsonBuyMaintained
    Goldman SachsNeutralInitiated
    CitigroupNeutralMaintained
    DA DavidsonBuyMaintained
    CitigroupNeutralMaintained
    DA DavidsonBuyMaintained
    Stifel NicolausBuyMaintained
    JefferiesBuyUpgraded
    DA DavidsonBuyUpgraded
    Sterne AgeeUnderperformDowngraded
    DA DavidsonNeutralMaintained
    DA DavidsonNeutralInitiated

    Wolverine World Wide, Inc. (WWW) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.654
    The average consensus EPS for WWW is $0.654 with a high estimate of $0.777 and Low of $0.559 for the period 2021-09-30 and based on 10 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.4$0.402878900000000042021-03-31


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$0.458984399999999962021-06-30
    $0.4$0.402878900000000042021-03-31
    $0.21$0.173942200000000022020-12-31
    $0.34$0.27637642020-09-30
    $0.09$-0.128272020-06-30
    $0.29$0.17057892020-03-31
    $0.59$0.58804222019-12-31
    $0.68$0.63088642019-09-30
    $0.52$0.50738362019-06-30
    $0.49$0.476992700000000052019-03-31
    $0.52$0.498626900000000042018-12-31
    $0.62$0.56824622018-09-30
    $0.54$0.459552018-06-30
    $0.5$0.37136692018-03-31
    $0.41$0.41550392017-12-31
    $0.43$0.371682017-09-30
    $0.43$0.29243542017-06-30
    $0.37$0.30841362017-03-31
    $0.33$0.310605300000000032016-12-31
    $0.49$0.4812652016-09-30
    $0.25$0.22895692016-06-30
    $0.29$0.22592692016-03-31
    $0.33$0.282739400000000032015-12-31
    $0.48$0.48466872015-09-30
    $0.27$0.20288882015-06-30
    $0.37$0.339743800000000042015-03-31
    $0.3$0.30596942014-12-31
    $0.63$0.59314269999999992014-09-30
    $0.31$0.27407362014-06-30
    $0.38$0.30169712014-03-31
    $0.22$0.20380792013-12-31
    $0.58$0.51909962013-09-30
    $0.23$0.172093900000000022013-06-30
    $0.405$0.27606332013-03-31
    $0.24$0.085132900000000012012-12-31
    $0.36$0.368652012-09-30
    $0.205$0.22346252012-06-30
    $0.28$0.27564922012-03-31
    $0.235$0.22816912011-12-31
    $0.41$0.379762011-09-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).