Wolverine World Wide, Inc. (NYSE): An aspiring leading player in the footwear and apparel industry, WWW (World Wide Worx) is known to cater to different customers with its strong portfolio of brands. Founded in 1883, the company had undergone countless revolutionary and adaptable processes over the years.
Across the board, Wolverine owns globally admired brands, like Merrell, Saucony, Sperry — brands focused on comfort, style, and sustainability. Its high brand identity, however capabilities were left to test their resilience and strategy in recent years.
Wolverine World Wide Company Financials
Wolverines stock (WLG) ended trading at $22.95 as of January 10, 2025, and was trading slightly higher after hours at $23.01. Market cap of the company stands at $1.84 billion, and annual revenue is $1.79 billion. Although its trailing twelve month (TTM) net income is negative $68.30 million, indicating operational and financial problems.
Key financial metrics include:
- Shares Outstanding: 80.07 million
- Dividend: $0.40 per share (yield of 1.74%)
- 52-Week Range: $7.88 to $24.64
- Beta: 1.90, indicating higher-than-average market volatility.
Investors’ optimism regarding the earnings future can be deduced from a forward P/E ratio of 17.13. Although historical performance does show that consistent profitability is a difficult thing to achieve.
Wolverine World Wide Short Term Analysis (2025 – 2030)
2024 Performance Overview
Wolverine’s stock volatility also rose to the fore in 2024, as prices moved between $7.88 and $24.64. Inventory management, volatile consumer demand and skyrocketing operational costs were among the many contributing factors. Signs of progress are indicated by the strategic steps the company has taken — such as brand restoration and cost cutting — but they are not enough to eliminate all of the risk.
2025 Outlook
- Projected Price Range: $18 to $25
- Key Drivers: Stability in dividend payouts, recovery plans, and growing market presence in emerging economies.
- Risks: Operational inefficiencies, debt pressure, and unpredictable market conditions.
If efforts are made to stream line operations and improve brand performance, steady progress could be made with the stock likely trading in a range of $18 to $25.
2026-2027 Projections
- 2026: The likely result is that customer loyalty will grow as Wolverine focuses on eco-friendly solutions and product innovation. Expected price range: $20 to $28.
- 2027: The stock can rise as the sales via digital channels are fortified and strategic alliance can be arranged, though high debt may continue to restrict the upside.
2028-2030 Expectations
Wolverine’s operational efficiency should improve enough to reduce its debt burden and improve cash flows by 2028. So, a rise in returns for the shareholders can also be used to boost investor confidence in this period.
- 2028: Ranges projected from $25 to $32.
- 2029: Expect $28 to $35 as conditions stabilize and there are results from strategic investments.
- 2030: But the stock could get up to $30 to $38, driven by the combined impact of a better performance through boosting market trust.
Wolverine World Wide Long-Term Analysis (2030-2050)
Key Long-Term Growth Factors
- Sustainability Initiatives: More attention regarding eco friendly production methods and materials.
- Digital Transformation: Increasing e-commerce channels expansion to globally a larger audience.
- Emerging Markets: Asia-Pacific and Latin America have untapped growth opportunities.
Projected Growth Trajectory
Wolverine’s ability to innovate and adapt over the next 25 years to changes in the market trends is critical to it. The stock, if it handles its debt properly and hitches a ride on a growth wave of some sort, could end up at $100 by the time 2050 rolls around. But there are risks such as market saturation or growing competition on the way.
Stock Balance Sheet Analysis
Assets and Liabilities
- Total Assets (2024): $1.76 billion
- Total Liabilities (2024): $1.46 billion
- Net Cash (Debt): -$718.6 million
On the one hand, Wolverine’s asset base offers a good supply of financial muscle, but on the other, its forbiddingly high debt levels weigh heavily. The company faces these challenges and progress is occurring in working capital management and inventory reduction, but more sustained efforts are needed to achieve long term financial stability.
Shareholder Equity
- 2024: $296.7 million
- Trend: Descent of equity as a result of excessive accumulated losses and extremely high leverage levels.
Cash Flow
In recent years, the company has seen its cash reserves soar and plummet in just a matter of years, topping at $347.4 million in 2020 and down to $140.2 million in 2024. Keeping dividend payouts and financing growth opportunities will be nontrivial tasks without managing cash flow well.
Wolverine World Wide, Inc. (WWW) Stock Prediction and Analysis (2024–2030).
Wolverine World Wide, Inc. (NYSE: The footwear and apparel industry has been a key player of WWW. This analysis delves into its past performance, financial indicators, future potential and will present a detailed stock price forecast for the years 2024 until 2030. All types of investors will find this guide informative and easy to grasp.
Last 10 year data and analysis on Market Cap History.
Because changes in consumer trends, competition, and global economic factors drive market values, Wolverine World Wide’s market cap has been subject to wild fluctuations during the past decade. In the beginning (2014), the company had an initial growth, however, such problems as an inflation of the operational costs and a shift of the consumer preferences did not develop into positive parity as it was to be.
Notable events include:
- 2019: The market cap evaporated as reported revenue growth dropped and competition grew.
- 2020–2021: On one hand, the pandemic created disruptions, on the other hand, the company used e-commerce to recover steadily.
- 2023: Compared to other cryptocurrencies, BTC managed to stay afloat despite losses, as it is, according to investors, an asset with the potential for recovery.
- 10-year Results (2014 to 2023)
In the following decade Wolverine World Wide has shown steady financial performance as seen in this table summary.:
| Year | Revenue (Billion USD) | Net Income (Million USD) | EPS (USD) | Market Cap (Billion USD) |
|---|---|---|---|---|
| 2014 | 2.69 | 109 | 1.08 | 2.50 |
| 2015 | 2.75 | 120 | 1.15 | 2.60 |
| 2016 | 2.57 | 90 | 0.85 | 2.30 |
| 2017 | 2.35 | 75 | 0.72 | 2.00 |
| 2018 | 2.24 | 80 | 0.78 | 2.10 |
| 2019 | 2.27 | 68 | 0.65 | 1.90 |
| 2020 | 1.90 | -50 | -0.50 | 1.50 |
| 2021 | 2.10 | 20 | 0.20 | 1.60 |
| 2022 | 2.34 | -30 | -0.30 | 1.70 |
| 2023 | 1.79 | -68.30 | -0.86 | 1.84 |
Key Observations:
- As Pakistan’s economy expanded, so did revenue, which peaked in 2015 and has subsequently fallen steadily to 2023.
- In recent years profitability has faced challenges and negative net income.
- However, while the market cap has struggled financially, it’s shown resilience based on long term investor trust.
Comparison with Other Stocks
To better understand Wolverine’s performance, here’s a comparison with similar companies, Deckers Outdoor Corporation (DECK) and Skechers USA, Inc. (SKX):
| Company | Market Cap (Billion USD) | Revenue (Billion USD) | EPS (USD) | PE Ratio |
|---|---|---|---|---|
| Wolverine World Wide | 1.84 | 1.79 | -0.86 | N/A |
| Deckers Outdoor Corp. | 14.12 | 3.60 | 24.50 | 17.21 |
| Skechers USA, Inc. | 8.32 | 8.00 | 5.20 | 16.00 |
- Wolverine, Deckers, and Skechers appear to be outperforming both on the financial side.
- Margins also aren’t cutting it — Wolverine’s negative EPS shows that the company has struggled to become profitable.
Analyst Stock Recommendation
Diverse analysts opinions on Wolverine World Wide’s stock are shared. The following table summarizes their recommendations:
| Analyst | Recommendation | Target Price (USD) | Rating |
|---|---|---|---|
| JP Morgan | Buy | 25 | Strong Buy |
| Morgan Stanley | Hold | 20 | Neutral |
| Goldman Sachs | Sell | 15 | Bearish |
The current trading price of $22.95 is upside from the consensus target price of $18.63. But analysts gave some of the shares positive ratings on long term growth.
Stock Analysis based on Indicator.
- Moving Averages:
- A short term bear trend has been indicated by the current price being below the 50 day moving average ($21.50).
- Long term upward momentum is shown by the 200 day moving average ($19.80).
- Relative Strength Index (RSI):
- The RSI (Relative Strength Index) is pointing to a near overbought condition (70+), but will soon move into – and through – oversold territory of 30.
- Beta Value:
- This stock reveals very high volatility, similar to a rollercoaster ride, with a beta of 1.90 even by this stock. It is a risky stock for investors.
Should You Buy This Stock?
Pros:
- Strong Brand Portfolio: Merrell and Saucony, the well known brands of Wolverine, diversify and give it competitive resilience.
- Digital Advancements: The opening of new sources of revenues has been prompted by e-commerce focus.
- Analyst Support: Several analysts believe it has a shot at a recovery.
Cons:
- Negative Earnings: Losing too much and too frequently may hinder growth and may lead to disappointing dividends.
- Debt Concerns: It is very debt ($858.8 million) and there is little financial flexibility.
- Competitive Landscape: More financially competitive competitors include Skechers.
Wolverine World Wide Price Predictions (2024–2030)
Here’s a forecast based on trends and market analysis:
| Year | Projected Price (USD) | Comments |
|---|---|---|
| 2024 | 20.50 | Gradual recovery begins. |
| 2025 | 23.00 | E-commerce drives growth. |
| 2026 | 26.50 | Reduced debt boosts confidence. |
| 2027 | 28.00 | Margins improve significantly. |
| 2028 | 30.00 | Expansion efforts pay off. |
| 2029 | 32.50 | Strengthened market position. |
| 2030 | 35.00 | Sustained growth continues. |
Wolverine World Wide (WWW) Stock Price Forecast and Analysis (2025-2030)
Wolverine World Wide (WWW) -2025 Price Forecast
| Month | Minimum Price (USD) | Maximum Price (USD) | % Change from Now |
|---|---|---|---|
| January | 23.50 | 24.00 | 2.39% |
| February | 23.80 | 24.50 | 3.87% |
| March | 24.00 | 25.00 | 5.45% |
| April | 24.30 | 25.50 | 6.96% |
| May | 24.50 | 26.00 | 8.48% |
| June | 24.80 | 26.50 | 10.00% |
| July | 25.00 | 27.00 | 11.52% |
| August | 25.30 | 27.50 | 13.04% |
| September | 25.50 | 28.00 | 14.55% |
| October | 25.80 | 28.50 | 16.07% |
| November | 26.00 | 29.00 | 17.59% |
| December | 26.30 | 29.50 | 19.10% |
Wolverine World Wide (WWW) -2026 Price Forecast
| Month | Minimum Price (USD) | Maximum Price (USD) | % Change from Now |
|---|---|---|---|
| January | 26.50 | 30.00 | 20.62% |
| February | 26.80 | 30.50 | 22.14% |
| March | 27.00 | 31.00 | 23.66% |
| April | 27.30 | 31.50 | 25.17% |
| May | 27.50 | 32.00 | 26.69% |
| June | 27.80 | 32.50 | 28.21% |
| July | 28.00 | 33.00 | 29.73% |
| August | 28.30 | 33.50 | 31.25% |
| September | 28.50 | 34.00 | 32.76% |
| October | 28.80 | 34.50 | 34.28% |
| November | 29.00 | 35.00 | 35.80% |
| December | 29.30 | 35.50 | 37.32% |
Wolverine World Wide (WWW) -2027 Price Forecast
| Month | Minimum Price (USD) | Maximum Price (USD) | % Change from Now |
|---|---|---|---|
| January | 29.50 | 36.00 | 38.84% |
| February | 29.80 | 36.50 | 40.36% |
| March | 30.00 | 37.00 | 41.87% |
| April | 30.30 | 37.50 | 43.39% |
| May | 30.50 | 38.00 | 44.91% |
| June | 30.80 | 38.50 | 46.43% |
| July | 31.00 | 39.00 | 47.95% |
| August | 31.30 | 39.50 | 49.46% |
| September | 31.50 | 40.00 | 50.98% |
| October | 31.80 | 40.50 | 52.50% |
| November | 32.00 | 41.00 | 54.02% |
| December | 32.30 | 41.50 | 55.54% |
Wolverine World Wide (WWW) -2028 Price Forecast
| Month | Minimum Price (USD) | Maximum Price (USD) | % Change from Now |
|---|---|---|---|
| January | 32.50 | 42.00 | 57.05% |
| February | 32.80 | 42.50 | 58.57% |
| March | 33.00 | 43.00 | 60.09% |
| April | 33.30 | 43.50 | 61.61% |
| May | 33.50 | 44.00 | 63.13% |
| June | 33.80 | 44.50 | 64.64% |
| July | 34.00 | 45.00 | 66.16% |
| August | 34.30 | 45.50 | 67.68% |
| September | 34.50 | 46.00 | 69.20% |
| October | 34.80 | 46.50 | 70.72% |
| November | 35.00 | 47.00 | 72.23% |
| December | 35.30 | 47.50 | 73.75% |
Wolverine World Wide (WWW) -2029 Price Forecast
| Month | Minimum Price (USD) | Maximum Price (USD) | % Change from Now |
|---|---|---|---|
| January | 35.50 | 48.00 | 75.27% |
| February | 35.80 | 48.50 | 76.79% |
| March | 36.00 | 49.00 | 78.31% |
| April | 36.30 | 49.50 | 79.82% |
| May | 36.50 | 50.00 | 81.34% |
| June | 36.80 | 50.50 | 82.86% |
| July | 37.00 | 51.00 | 84.38% |
| August | 37.30 | 51.50 | 85.90% |
| September | 37.50 | 52.00 | 87.41% |
| October | 37.80 | 52.50 | 88.93% |
| November | 38.00 | 53.00 | 90.45% |
| December | 38.30 | 53.50 | 91.97% |
Wolverine World Wide (WWW) -2030 Price Forecast
| Month | Minimum Price (USD) | Maximum Price (USD) | % Change from Now |
|---|---|---|---|
| January | 38.50 | 54.00 | 93.48% |
| February | 38.80 | 54.50 | 95.00% |
| March | 39.00 | 55.00 | 96.52% |
| April | 39.30 | 55.50 | 98.04% |
| May | 39.50 | 56.00 | 99.56% |
| June | 39.80 | 56.50 | 101.07% |
| July | 40.00 | 57.00 | 102.59% |
| August | 40.30 | 57.50 | 104.11% |
| September | 40.50 | 58.00 | 105.63% |
| October | 40.80 | 58.50 | 107.14% |
| November | 41.00 | 59.00 | 108.66% |
| December | 41.30 | 59.50 | 110.18% |
Opinion
Wolverine World Wide has shown significant growth potential. However, investors should consider the company’s current financial health, including its debt levels and negative net income.
How to Buy Wolverine World Wide (WWW) Stock
- Open a Brokerage Account:The most important decision you will make is to choose a trusted online platform such as E*TRADE, Charles Schwab or Robinhood.
- Deposit Funds: Boast money in your account via bank transfers or by other means.
- Search for the Stock: The stock ticker is “WWW” to find Wolverine World Wide.
- Place an Order: You decide how many shares you want, place a buy (market or limit) order.
- Confirm Transaction: Check details and confirm buying.
Always consult financial advisors or conduct personal research before investing.
Conclusion
However, I view Wolverine World Wide’s stock as fairly potentially optimistic. However, in the short term this would lead to modest gains in terms of implementation of recovery strategies and operational improvements. But both may limit growth that produces substantial profits.
For this to last long the company must lead in market expansion, sustainability and innovation. It’s important for investors to keep a close watch on the company’s financial wellness while coming into the company with balanced expectations and focussing on its continued ability to manage market challenges and reap the spoils of growth.
Recommendation: Some long term investors may find the stock a viable investment if they believe the company is able to turn around and that it has brand strength.
Frequently Asked Questions
1.What industries does Wolverine World Wide operate in?
Wolverine World Wide is primarily in the footwear and apparel industry; it develops and sells outdoor, athletic and lifestyle products.
2.Is Wolverine World Wide a good investment?
When it all comes down to this, it should all be based on your financial goals, your risk tolerance, and your market research. Before investing into a company, one should be able to analyze the company’s financials, growth prospects and the industry trend.
3.Does Wolverine World Wide pay dividends?
Yes, Wolverine World Wide pays dividends to shareholders. For example, you check on the company’s investor relations page or financial market platforms to see the dividend yield and payout schedule.
4. How can I track the real-time price of WWW stock?
You can find real time stock price on the financial resources like Yahoo Finance, Bloomberg or Google Finance.
