Zacks Investment Research downgraded Wolverine World Wide, Inc. (NYSE:WWW) to Hold in a statement released earlier today.
- Updated: October 14, 2016
Zacks Investment Research has downgraded Wolverine World Wide, Inc. (NYSE:WWW) to Hold in a statement released on 10/15/2016.
On 9/28/2016, Zacks Investment Research released a statement for Wolverine World Wide, Inc. (NYSE:WWW) bumped up the target price from $0.00 to $26.00 that suggested an upside of 0.13%.
Boasting a price of $22.56, Wolverine World Wide, Inc. (NYSE:WWW) traded 0.58% higher on the day. With the last stock price close up 7.29% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Wolverine World Wide, Inc. has recorded a 50-day average of $22.98 and a two hundred day average of $21.03. Volume of trade was up over the average, with 1,142,849 shares of WWW changing hands over the typical 826,625
With a total market value of $0, Wolverine World Wide, Inc. has 52 week low of $14.74 and a 52 week high of $25.54 with a P/E ratio of 22.86 .
Also covering Wolverine World Wide, Inc.'s target, a total of 16 firms have reported on the stock. The one year target is $19.78 with one broker rating the stock a strong buy, 2 firms rating the stock a buy, 14 brokerages rating the company a hold, zero equity analysts rating the company a underperform, and lastly zero analysts rating the company a sell.
More About 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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