Wolverine World Wide (WWW) Scheduled to Post Earnings on Tuesday

Wolverine World Wide (NYSE:WWW) is scheduled to be releasing its earnings data before the market opens on Tuesday, February 20th. Analysts expect Wolverine World Wide to post earnings of $0.40 per share for the quarter.

Wolverine World Wide (NYSE:WWW) opened at $30.78 on Monday. Wolverine World Wide has a 1 year low of $23.39 and a 1 year high of $33.82. The company has a debt-to-equity ratio of 0.74, a quick ratio of 2.06 and a current ratio of 3.09. The company has a market cap of $2,950.00, a P/E ratio of 52.17, a price-to-earnings-growth ratio of 1.21 and a beta of 0.93.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 1st. Shareholders of record on Monday, April 2nd will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Thursday, March 29th. This represents a $0.32 annualized dividend and a dividend yield of 1.04%. This is a boost from Wolverine World Wide’s previous quarterly dividend of $0.06. Wolverine World Wide’s dividend payout ratio (DPR) is currently 40.68%.

A number of research firms recently commented on WWW. Zacks Investment Research cut shares of Wolverine World Wide from a “buy” rating to a “hold” rating in a report on Saturday, January 6th. Stifel Nicolaus set a $34.00 price target on shares of Wolverine World Wide and gave the stock a “buy” rating in a report on Saturday, December 16th. Citigroup reaffirmed a “neutral” rating and issued a $32.00 price target (up previously from $29.00) on shares of Wolverine World Wide in a report on Monday, February 12th. Pivotal Research cut shares of Wolverine World Wide from a “buy” rating to a “hold” rating and set a $33.00 price target on the stock. in a report on Friday, February 9th. Finally, Telsey Advisory Group lifted their price target on shares of Wolverine World Wide from $29.00 to $30.00 and gave the stock a “market perform” rating in a report on Thursday, November 9th. Ten research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $28.14.

In related news, Director Joseph R. Gromek sold 18,928 shares of Wolverine World Wide stock in a transaction that occurred on Thursday, November 30th. The shares were sold at an average price of $29.14, for a total value of $551,561.92. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 5.65% of the company’s stock.

TRADEMARK VIOLATION WARNING: This piece of content was first published by Community Financial News and is the sole property of of Community Financial News. If you are reading this piece of content on another site, it was stolen and reposted in violation of US & international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://www.com-unik.info/2018/02/19/wolverine-world-wide-www-scheduled-to-post-earnings-on-tuesday.html.

Wolverine World Wide Company Profile

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. It operates in four segments: Wolverine Outdoor & Lifestyle Group, which offers Merrell footwear and apparel, Cat footwear, Hush Puppies footwear and apparel, and Chaco footwear; Wolverine Boston Group, which offers Sperry footwear and apparel, Saucony footwear and apparel, and Keds footwear and apparel; Wolverine Heritage Group, which offers Wolverine footwear and apparel, Bates uniform footwear, Harley-Davidson footwear and HyTest safety footwear, and Wolverine Multi-Brand Group, which offers Stride Rite footwear and apparel, and its multi-brand consumer-direct businesses.

Earnings History for Wolverine World Wide (NYSE:WWW)

Receive News & Ratings for Wolverine World Wide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wolverine World Wide and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit