Wolverine World Wide Stock Buy Hold or Sell Recommendation
| WWW Stock | USD 10.75 0.14 1.29% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Wolverine World Wide is 'Buy'. Macroaxis provides Wolverine World buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding WWW positions. The advice algorithm takes into account all of Wolverine World's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Wolverine World's buy or sell advice are summarized below:
Real Value 11.26 | Target Price 12.25 | Hype Value 10.79 | Market Value 10.75 | Naive Value 11.51 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Wolverine World Wide given historical horizon and risk tolerance towards Wolverine World. When Macroaxis issues a 'buy' or 'sell' recommendation for Wolverine World Wide, the advice is generated through an automated system that utilizes algorithms and statistical models.
Wolverine |
Execute Wolverine World Buy or Sell Advice
The Wolverine recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Wolverine World Wide. Macroaxis does not own or have any residual interests in Wolverine World Wide or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Wolverine World's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Buy
Market Performance | OK | Details | |
Volatility | Somewhat reliable | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Hyperactively responds to market trends | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Wolverine World Trading Alerts and Improvement Suggestions
| Wolverine World Wide had very high historical volatility over the last 90 days | |
| The company reported the last year's revenue of 2.24 B. Reported Net Loss for the year was (39.2 M) with profit before taxes, overhead, and interest of 1.07 B. | |
| Over 91.0% of the company outstanding shares are owned by institutional investors | |
| On 1st of May 2024 Wolverine World paid $ 0.1 per share dividend to its current shareholders | |
| Latest headline from finance.yahoo.com: Wolverine World Wide investors are sitting on a loss of 73 percent if they invested three years ago |
Wolverine World Returns Distribution Density
The distribution of Wolverine World's historical returns is an attempt to chart the uncertainty of Wolverine World's future price movements. The chart of the probability distribution of Wolverine World daily returns describes the distribution of returns around its average expected value. We use Wolverine World Wide price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Wolverine World returns is essential to provide solid investment advice for Wolverine World.
| Mean Return | 0.44 | Value At Risk | -3.99 | Potential Upside | 4.88 | Standard Deviation | 3.15 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Wolverine World historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Wolverine Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Wolverine World is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Wolverine World Wide backward and forwards among themselves. Wolverine World's institutional investor refers to the entity that pools money to purchase Wolverine World's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Diamond Hill Capital Management Inc | 2023-12-31 | 1.2 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.2 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 1.1 M | Bank Of America Corp | 2023-12-31 | 979.5 K | Bank Of New York Mellon Corp | 2023-12-31 | 918.1 K | New York State Common Retirement Fund | 2023-12-31 | 858 K | Goldman Sachs Group Inc | 2023-12-31 | 827.6 K | Northern Trust Corp | 2023-12-31 | 815.2 K | Citadel Advisors Llc | 2023-09-30 | 756.7 K | Blackrock Inc | 2023-12-31 | 12.6 M | Fmr Inc | 2023-12-31 | 11.2 M |
Wolverine World Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (23.8M) | 107.2M | (77.2M) | (428.9M) | 286.5M | 300.8M | |
| Change In Cash | 37.5M | 166.8M | (185.7M) | (26.2M) | 49.1M | 51.6M | |
| Free Cash Flow | 188.2M | 298.8M | 69.2M | (215.4M) | 107.2M | 78.7M | |
| Depreciation | 32.7M | 32.8M | 33.2M | 34.6M | 35.1M | 24.2M | |
| Other Non Cash Items | 42.8M | 255M | 51.6M | 322.3M | 38.5M | 40.4M | |
| Capital Expenditures | 34.4M | 10.3M | 17.6M | 36.5M | 14.6M | 24.0M | |
| Net Income | 128.9M | (138.6M) | 67M | (189.1M) | (39.2M) | (37.2M) | |
| End Period Cash Flow | 180.6M | 347.4M | 161.7M | 135.5M | 184.6M | 122.5M | |
| Change To Netincome | 9.5M | 190M | 73.4M | 273M | 314.0M | 329.6M | |
| Change Receivables | 30.7M | 64.8M | (49.2M) | 84.5M | 97.2M | 102.0M | |
| Net Borrowings | 227.2M | (78.9M) | 245M | 190M | 171M | 179.6M | |
| Investments | (8.5M) | (3.5M) | (437.3M) | 54.6M | 171.6M | 180.2M |
Wolverine World Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Wolverine World or Textiles, Apparel & Luxury Goods sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Wolverine World's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Wolverine stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | 0.25 | |
β | Beta against NYSE Composite | 2.58 | |
σ | Overall volatility | 3.19 | |
Ir | Information ratio | 0.12 |
Wolverine World Volatility Alert
Wolverine World Wide shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Wolverine World's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Wolverine World's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Wolverine World Fundamentals Vs Peers
Comparing Wolverine World's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Wolverine World's direct or indirect competition across all of the common fundamentals between Wolverine World and the related equities. This way, we can detect undervalued stocks with similar characteristics as Wolverine World or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Wolverine World's fundamental indicators could also be used in its relative valuation, which is a method of valuing Wolverine World by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Wolverine World to competition |
| Fundamentals | Wolverine World | Peer Average |
| Return On Equity | -0.12 | -0.31 |
| Return On Asset | 0.008 | -0.14 |
| Profit Margin | (0.02) % | (1.27) % |
| Operating Margin | (0.20) % | (5.51) % |
| Current Valuation | 1.79 B | 16.62 B |
| Shares Outstanding | 79.91 M | 571.82 M |
| Shares Owned By Insiders | 1.60 % | 10.09 % |
| Shares Owned By Institutions | 91.32 % | 39.21 % |
| Number Of Shares Shorted | 3.89 M | 4.71 M |
| Price To Earning | 5.76 X | 28.72 X |
| Price To Book | 2.62 X | 9.51 X |
| Price To Sales | 0.32 X | 11.42 X |
| Revenue | 2.24 B | 9.43 B |
| Gross Profit | 1.07 B | 27.38 B |
| EBITDA | 59.3 M | 3.9 B |
| Net Income | (39.2 M) | 570.98 M |
| Cash And Equivalents | 131.5 M | 2.7 B |
| Cash Per Share | 1.73 X | 5.01 X |
| Total Debt | 1.09 B | 5.32 B |
| Debt To Equity | 2.46 % | 48.70 % |
| Current Ratio | 1.17 X | 2.16 X |
| Book Value Per Share | 3.50 X | 1.93 K |
| Cash Flow From Operations | 121.8 M | 971.22 M |
| Short Ratio | 4.75 X | 4.00 X |
| Earnings Per Share | (0.51) X | 3.12 X |
| Price To Earnings To Growth | 1.72 X | 4.89 X |
| Target Price | 9.83 | |
| Number Of Employees | 4.1 K | 18.84 K |
| Beta | 1.77 | -0.15 |
| Market Capitalization | 859.04 M | 19.03 B |
| Total Asset | 2.06 B | 29.47 B |
| Retained Earnings | 834.8 M | 9.33 B |
| Working Capital | 155.7 M | 1.48 B |
Note: Disposition of 2045 shares by Christopher Hufnagel of Wolverine World at 8.79 subject to Rule 16b-3 [view details]
Wolverine World Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Wolverine . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Wolverine World Buy or Sell Advice
When is the right time to buy or sell Wolverine World Wide? Buying financial instruments such as Wolverine Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 1.1B | 1.4B | 1.1B | 1.1B | Total Assets | 2.6B | 2.5B | 2.1B | 1.2B |
Use Investing Ideas to Build Portfolios
In addition to having Wolverine World in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Communication Thematic Idea Now
Communication
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Communication theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Communication Theme or any other thematic opportunities.
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Check out Wolverine World Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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When running Wolverine World's price analysis, check to measure Wolverine World's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wolverine World is operating at the current time. Most of Wolverine World's value examination focuses on studying past and present price action to predict the probability of Wolverine World's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wolverine World's price. Additionally, you may evaluate how the addition of Wolverine World to your portfolios can decrease your overall portfolio volatility.
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Is Wolverine World's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wolverine World. If investors know Wolverine will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wolverine World listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.78) | Dividend Share 0.4 | Earnings Share (0.51) | Revenue Per Share 28.248 | Quarterly Revenue Growth (0.21) |
The market value of Wolverine World Wide is measured differently than its book value, which is the value of Wolverine that is recorded on the company's balance sheet. Investors also form their own opinion of Wolverine World's value that differs from its market value or its book value, called intrinsic value, which is Wolverine World's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wolverine World's market value can be influenced by many factors that don't directly affect Wolverine World's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wolverine World's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wolverine World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wolverine World's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.