Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Wolverine World Wide, Inc. before investing.

In this article, we go over a few key elements for understanding Wolverine World Wide, Inc.’s stock price such as:

• Wolverine World Wide, Inc.’s current stock price and volume
• Why Wolverine World Wide, Inc.’s stock price changed recently
• Upgrades and downgrades for WWW from analysts
• WWW’s stock price momentum as measured by its relative strength

About Wolverine World Wide, Inc. (WWW)

Before we jump into Wolverine World Wide, Inc.’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Wolverine World Wide, Inc. is a designer, marketer and licensor of a range of quality casual footwear and apparel, performance outdoor and athletic footwear and apparel, kids' footwear, industrial work boots and apparel, and uniform shoes and boots. The Company's segments include Active Group and Work Group. Its Active Group segment consists of Merrell footwear and apparel, Saucony footwear and apparel, Sweaty Betty activewear, and Chaco footwear. Its Work Group segment consists of Wolverine footwear and apparel, Cat footwear, Bates uniform footwear, Harley-Davidson footwear and HYTEST safety footwear. Its Other category consists of Sperry footwear, Keds footwear, Hush Puppies footwear and apparel. The Company’s products are marketed worldwide in approximately 170 countries and territories through owned operations in the United States (U.S.), Canada, the United Kingdom (U.K.) and certain countries in continental Europe and Asia Pacific.

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Wolverine World Wide, Inc.’s Stock Price as of Market Close

As of March 27, 2024, 4:00 PM, CST, Wolverine World Wide, Inc.’s stock price was $11.28.

Wolverine World Wide, Inc. is up 4.83% from its previous closing price of $10.76.

During the last market session, Wolverine World Wide, Inc.’s stock traded between $10.76 and $11.09. Currently, there are 79.40 million shares of Wolverine World Wide, Inc. stock available for purchase.

Unfortunately, Wolverine World Wide, Inc.’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

Wolverine World Wide, Inc. Stock Price History

Wolverine World Wide, Inc.’s (WWW) price is currently up 10.91% so far this month.

During the month of March, Wolverine World Wide, Inc.’s stock price has reached a high of $11.30 and a low of $9.27.

Over the last year, Wolverine World Wide, Inc. has hit prices as high as $17.85 and as low as $7.21. Year to date, Wolverine World Wide, Inc.’s stock is up 3.2%.

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What Caused Wolverine World Wide, Inc. Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of March 26, 2024, there were 3 analysts who downgraded Wolverine World Wide, Inc.’s stock and 1 analyst who upgraded over the last month.

Additionally, you'll want to evaluate Wolverine World Wide, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Wolverine World Wide, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Wolverine World Wide, Inc.’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Wolverine World Wide, Inc. (WWW) by visiting AAII Stock Evaluator.

Relative Price Strength of Wolverine World Wide, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of March 26, 2024, Wolverine World Wide, Inc. has a weighted four-quarter relative price strength of -9.47%, which translates to a Momentum Score of 38 and is considered to be Weak.

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Wolverine World Wide, Inc. Stock Price: Bottom Line

As of March 27, 2024, Wolverine World Wide, Inc.’s stock price is $11.28, which is up 4.83% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Wolverine World Wide, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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