(WWW) Wolverine World Wide - Ratings and Ratios

Wolverine World Wide, Inc. is a global footwear and apparel company with a diverse portfolio of brands, operating across multiple regions, including the United States, Europe, and the Asia Pacific. The companys extensive brand portfolio includes Merrell, Saucony, Sperry, Keds, and Wolverine, among others, catering to various consumer segments, from casual footwear to high-performance outdoor and athletic wear.

The companys business model is diversified across different channels, including wholesale, direct-to-consumer through retail stores and e-commerce sites, and licensing agreements. Wolverine World Wide has a significant presence in the global footwear market, with its products being sold to department stores, national chains, and specialty retailers. The companys sourcing division provides consulting services, and its multi-brand direct-to-consumer division operates a network of retail stores and e-commerce sites, allowing for a strong connection with end-consumers.

Analyzing the and , we can observe that the stock has shown a relatively stable performance, with a current price of $17.88 and a 20-day SMA of $17.38, indicating a slight upward trend. The 50-day SMA is $14.89, and the 200-day SMA is $17.38, suggesting a potential bullish crossover. The ATR of 0.75 represents a 4.20% daily price movement, indicating moderate volatility. From a fundamental perspective, the companys Market Cap is $1.346 billion, with a P/E ratio of 18.46 and a Forward P/E of 15.13, indicating a relatively reasonable valuation. The RoE of 25.17% suggests a strong ability to generate profits from shareholder equity.

Based on the analysis of and , a potential forecast for Wolverine World Wide is that the stock may continue its upward trend, driven by the companys diversified brand portfolio, strong direct-to-consumer presence, and reasonable valuation. A potential price target could be around $22, representing a 23% increase from the current price, based on the stocks historical performance and the companys fundamental strengths. However, its essential to monitor the stocks performance and adjust the forecast accordingly, considering factors such as market trends, competition, and company-specific developments.