Is Wolverine World Wide, Inc. a good investment?
Wolverine World Wide, Inc. (WWW) is currently trading at 16.54 USD.
Market analysts have a consensus price target of 21.70 USD.
This suggests a potential upside from current levels.
In terms of valuation, the stock trades at a P/E ratio of 14.26.
This relatively low multiple may signal that Wolverine World Wide, Inc. is undervalued compared to historical market norms.
Earnings Schedule:
Wolverine World Wide, Inc. is expected to release its next earnings report on Aug. 5, 2026.
The market consensus estimate for Forward EPS is 1.76.
For income investors, Wolverine World Wide, Inc. pays a dividend yield of 2.30%.
With a payout ratio of 32%, the dividend appears
sustainable.
Company Profile
Wolverine World Wide, Inc. designs, manufactures, sources, markets, licenses, and distributes footwear, apparel, and accessories in the United States, Europe, the Middle East, Africa, the Asia Pacific, Canada and Latin America. It operates through two segments: Active Group and Work Group. The company offers casual footwear and apparel; performance outdoor and athletic footwear and apparel; kids' footwear; industrial work boots and apparel; and uniform shoes and boots. It sources and markets a range of footwear and apparel styles, such as shoes, boots and sandals under the Bates, Cat, Chaco, Harley-Davidson, Hush Puppies, Hytest, Merrell, Saucony, Sperry, Keds, Sweaty Betty, and Wolverine brands; and licenses under the Stride Rite brand. The company markets Merrell and Wolverine branded apparel and accessories, as well as licenses its brands for use on non-footwear products, including the Hush Puppies apparel, eyewear, watches, socks, handbags, and plush toys; and Wolverine branded eyewear and gloves. In addition, the company markets pigskin leather under the Wolverine Leather division; sourcing division provides consulting services related to product development, production control, quality assurance, materials procurement, compliance, and other service; and multi-brand direct-to-consumer division includes retail stores that sell footwear and apparel of its brand portfolio and other brands. It sells its products to department stores, national chains, catalog and specialty retailers, independent retailers, uniform outlets, and mass merchant and government customers through retail stores, third-party licensees and distributors, and joint ventures; and operates brick and mortar retails stores, and e-commerce sites. The company was founded in 1883 and is headquartered in Rockford, Michigan.
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