Zacks Investment Research disclosed Wolverine World Wide, Inc. (NYSE:WWW), upping its stock price target to $26.00 today
- Updated: September 28, 2016
In a report released on Wednesday September 28, 2016 Zacks Investment Research increased the stock price target of Wolverine World Wide, Inc. (NYSE:WWW) to $26.00 reporting a possible upside of 0.13%.
Previously on 8/12/2016, Susquehanna released a statement about Wolverine World Wide, Inc. (NYSE:WWW) increased the target price from $0.00 to $20.00. At the time, this indicated a possible downside of -0.17%.
Only yesterday Wolverine World Wide, Inc. (NYSE:WWW) traded -0.73% lower at $22.98. The company’s 50-day moving average is $23.56 and its 200-day moving average is $20.67. With the last stock price close up 11.27% from the 200-day moving average, compared to the S&P 500 Index which has decreased -0.01% over the same time period. 365,290 shares of the stock were exchanged, down from an average volume of 954,836
With a total market value of $0, Wolverine World Wide, Inc. has price-earnings ratio of 23.30 with a one year low of $14.74 and a one year high of $25.54 .
A total of 16 brokerages have issued a ratings update on the stock. 1 broker rating the stock a strong buy, 2 equity analysts rating the company a buy, fourteen brokerages rating the company a hold, zero analysts rating the company a underperform, and finally 0 brokers rating the company a sell with a 12-month price target of $19.78.
General Company Details For Wolverine World Wide, Inc. (NYSE:WWW)
Wolverine World Wide, Inc. is a designer, manufacturer and marketer of a range of casual footwear and apparel, outdoor and athletic footwear and apparel, children's footwear, industrial work boots and apparel, and uniform shoes and boots. The Company's products are marketed around the world in approximately 200 countries and territories through Company-owned wholesale and consumer-direct operations, and third-party licensees and distributors. The Company operates in three operating segments: Lifestyle Group, consisting of Sperry 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, and Chaco 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.
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