Zacks Rating on Wolverine World Wide (WWW)

Wolverine World Wide (WWW) : 2 brokerage houses believe that Wolverine World Wide (WWW) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 7 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Wolverine World Wide (WWW). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 11 Wall Street Analysts endorse the stock as a Hold with a rating of 2.73.

Wolverine World Wide (WWW) has been rated by 11 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $28 and the lowest price target forecast is $20. The average forecast of all the analysts is $24.05 and the expected standard deviation is $3.21.


Shares of Wolverine World Wide Inc. rose by 2.7% in the last five trading days and 12.65% for the last 4 weeks. Wolverine World Wide Inc. is up 44.6% in the last 3-month period. Year-to-Date the stock performance stands at 51.24%. Wolverine World Wide (NYSE:WWW): stock turned positive on Tuesday. Though the stock opened at $25.04, the bulls momentum made the stock top out at $25.14 level for the day. The stock recorded a low of $24.91 and closed the trading day at $25.11, in the green by 0.80%. The total traded volume for the day was 510,405. The stock had closed at $24.91 in the previous days trading.

Wolverine World Wide, Inc. is a designer, manufacturer and marketer of casual footwear and apparel, outdoor and athletic footwear and apparel, childrens footwear, industrial work boots and apparel, and uniform shoes and boots. The Company operates in three operating segments: Lifestyle Group, consisting of Sperry Top-Sider 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, Chaco footwear, and Cushe 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. The Other category consists of the Companys multi-brand consumer-direct business, leather marketing operations, and sourcing operations that include third-party commission revenues.

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