WWW Stock Overview
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 Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$22.92|
|52 Week High||US$38.07|
|52 Week Low||US$16.65|
|1 Month Change||10.41%|
|3 Month Change||22.63%|
|1 Year Change||-36.00%|
|3 Year Change||-10.96%|
|5 Year Change||-13.96%|
|Change since IPO||2,894.39%|
Recent News & Updates
Wolverine World Wide declares $0.10 dividend
Wolverine World Wide (NYSE:WWW) declares $0.10/share quarterly dividend, in line with previous. Forward yield 1.75% Payable Nov. 1; for shareholders of record Oct. 3; ex-div Sept. 30. See WWW Dividend Scorecard, Yield Chart, & Dividend Growth.
Does Wolverine World Wide (NYSE:WWW) Have A Healthy Balance Sheet?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Is Now The Time To Look At Buying Wolverine World Wide, Inc. (NYSE:WWW)?
While Wolverine World Wide, Inc. ( NYSE:WWW ) might not be the most widely known stock at the moment, it saw a decent...
|WWW||US Luxury||US Market|
Return vs Industry: WWW underperformed the US Luxury industry which returned -32.7% over the past year.
Return vs Market: WWW underperformed the US Market which returned -12.8% over the past year.
|WWW Average Weekly Movement||7.4%|
|Luxury Industry Average Movement||7.3%|
|Market Average Movement||7.9%|
|10% most volatile stocks in US Market||17.1%|
|10% least volatile stocks in US Market||3.2%|
Stable Share Price: WWW is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: WWW's weekly volatility (7%) has been stable over the past year.
About the Company
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. The company operates through two segments, Wolverine Michigan Group and Wolverine Boston Group. It offers casual footwear and apparel; performance outdoor and athletic footwear and apparel; kids' footwear; industrial work boots and apparel; and uniform shoes and boots.
Wolverine World Wide Fundamentals Summary
|WWW fundamental statistics|
Is WWW overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|WWW income statement (TTM)|
|Cost of Revenue||US$1.45b|
Last Reported Earnings
Apr 02, 2022
Next Earnings Date
Aug 10, 2022
|Earnings per share (EPS)||0.49|
|Net Profit Margin||1.56%|
How did WWW perform over the long term?See historical performance and comparison
1.7%Current Dividend Yield
Does WWW pay a reliable dividends?See WWW dividend history and benchmarks
|Wolverine World Wide dividend dates|
|Ex Dividend Date||Sep 30 2022|
|Dividend Pay Date||Nov 01 2022|
|Days until Ex dividend||53 days|
|Days until Dividend pay date||85 days|
Does WWW pay a reliable dividends?See WWW dividend history and benchmarks
Is WWW undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for WWW?
Other financial metrics that can be useful for relative valuation.
|What is WWW's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does WWW's PE Ratio compare to its peers?
|WWW PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
SHOO Steven Madden
SKX Skechers U.S.A
DECK Deckers Outdoor
WWW Wolverine World Wide
Price-To-Earnings vs Peers: WWW is expensive based on its Price-To-Earnings Ratio (47.2x) compared to the peer average (11.5x).
Price to Earnings Ratio vs Industry
How does WWW's PE Ratio compare vs other companies in the US Luxury Industry?
Price-To-Earnings vs Industry: WWW is expensive based on its Price-To-Earnings Ratio (47.2x) compared to the US Luxury industry average (10x)
Price to Earnings Ratio vs Fair Ratio
What is WWW's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||47.2x|
|Fair PE Ratio||21x|
Price-To-Earnings vs Fair Ratio: WWW is expensive based on its Price-To-Earnings Ratio (47.2x) compared to the estimated Fair Price-To-Earnings Ratio (21x).
Share Price vs Fair Value
What is the Fair Price of WWW when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: WWW ($22.92) is trading below our estimate of fair value ($169.7)
Significantly Below Fair Value: WWW is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
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How is Wolverine World Wide forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Future Growth Score4/6
Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WWW's forecast earnings growth (39.2% per year) is above the savings rate (1.9%).
Earnings vs Market: WWW's earnings (39.2% per year) are forecast to grow faster than the US market (12.8% per year).
High Growth Earnings: WWW's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: WWW's revenue (4.6% per year) is forecast to grow slower than the US market (7.9% per year).
High Growth Revenue: WWW's revenue (4.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WWW's Return on Equity is forecast to be high in 3 years time (26.1%)
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How has Wolverine World Wide performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WWW has a large one-off loss of $34.3M impacting its April 2 2022 financial results.
Growing Profit Margin: WWW became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: WWW's earnings have declined by 27.9% per year over the past 5 years.
Accelerating Growth: WWW has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: WWW has become profitable in the last year, making it difficult to compare its past year earnings growth to the Luxury industry (54.4%).
Return on Equity
High ROE: WWW's Return on Equity (6%) is considered low.
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How is Wolverine World Wide's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: WWW's short term assets ($1.1B) exceed its short term liabilities ($967.4M).
Long Term Liabilities: WWW's short term assets ($1.1B) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: WWW's net debt to equity ratio (153.6%) is considered high.
Reducing Debt: WWW's debt to equity ratio has increased from 81.6% to 177.9% over the past 5 years.
Debt Coverage: WWW's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: WWW's interest payments on its debt are well covered by EBIT (3x coverage).
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What is Wolverine World Wide current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: WWW's dividend (1.74%) is higher than the bottom 25% of dividend payers in the US market (1.52%).
High Dividend: WWW's dividend (1.74%) is low compared to the top 25% of dividend payers in the US market (4.09%).
Stability and Growth of Payments
Stable Dividend: WWW's dividends per share have been stable in the past 10 years.
Growing Dividend: WWW's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (83.8%), WWW's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: WWW is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Brendan Hoffman (53 yo)
Mr. Brendan L. Hoffman has been President and Director of Wolverine World Wide, Inc. since September 8, 2020 and its Chief Executive Officer since January 2, 2022. Mr. Hoffman serves as a Member of the Boa...
CEO Compensation Analysis
Compensation vs Market: Brendan's total compensation ($USD7.19M) is above average for companies of similar size in the US market ($USD5.42M).
Compensation vs Earnings: Insufficient data to compare Brendan's compensation with company performance.
Experienced Management: WWW's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Experienced Board: WWW's board of directors are seasoned and experienced ( 12.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Wolverine World Wide, Inc.'s employee growth, exchange listings and data sources
- Name: Wolverine World Wide, Inc.
- Ticker: WWW
- Exchange: NYSE
- Founded: 1883
- Industry: Footwear
- Sector: Consumer Durables
- Implied Market Cap: US$1.850b
- Shares outstanding: 80.73m
- Website: https://www.wolverineworldwide.com
Number of Employees
- Wolverine World Wide, Inc.
- 9341 Courtland Drive N.E.
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/06 00:00|
|End of Day Share Price||2022/08/05 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.