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How to Buy Wolverine World Wide Stock

Wolverine World Wide Inc

Wolverine World Wide is a shoe company located in Michigan, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker WWW on the NYSE exchange.

Wolverine World Wide stock last closed at $11.28, up 4.83% from the previous day, and has decreased 29.5% in one year. It has underperformed other stocks in the Footwear & Accessories industry by 0.9 percentage points. Wolverine World Wide stock is currently +56.45% from its 52-week low of $7.21, and -36.81% from its 52-week high of $17.85.

There are currently 79.75M shares of WWW outstanding. The market cap of WWW is $899.53M. In the past 24 hours, 558,748 WWW shares were traded.

How to Buy Wolverine World Wide Stock

Wondering how to invest in Wolverine World Wide stock? Here's how.
  1. Figure out where to buy Wolverine World Wide stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you determine where to buy Wolverine World Wide stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Fund your brokerage account: Select your method of payment and add your information.
  4. Analyze Wolverine World Wide stock: The Wolverine World Wide ticker symbol is WWW. Is Wolverine World Wide stock a good investment? Should you buy shares of WWW? How do WWW's underlying business fundamentals look? Do top analysts think Wolverine World Wide is a good buy? Why has WWW's stock price moved recently? (Hint: Our stock market research website can help you decide if WWW is a good stock to buy).
  5. Place your WWW trade: Decide if you will purchase WWW shares at the current market price or use a limit order to purchase WWW shares at a given price.
  6. Monitor your WWW position: Create a watchlist to important notifications about your investment in Wolverine World Wide shares.

Step 1: Figure out where to buy Wolverine World Wide stock

You will need a brokerage account in order to access the NYSE market and buy WWW shares.

A brokerage account is an investment account that allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've picked the right brokerage, the next step is to fill out some personal info so you can invest in WWW today.

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Step 3: Fund your brokerage account

Now that you've opened your account on our top ranked stock market app, you need to deposit funds:

Watch the tutorial below to see the process of transferring funds into your new brokerage account.

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Step 4: Analyze Wolverine World Wide stock

Once you have figured out the best place to buy Wolverine World Wide stock, it's important to evaluate their stock before you buy, so you can understand the risk and upside.

Overview of key WWW info

WWW Price
$11.28
1w %
9.3%
1y %
-29.5%
5y %
-68%
P/E
-22.12x
P/B
3.23x
P/S
0.4x
PEG
N/A
Revenue
$2.24B
Earnings
-$39.60M
Fore. Rev. Growth
-9.75%
Fore. Earn. Growth
N/A
Market Cap
$899.53M
Next Earnings
May 8, 2024
Next Dividend
May 1, 2024

Fundamentals of WWW

WallStreetZen was designed to help average investors do more accurate fundamental analysis in less time.

You can view all of the due diligence checks on WWW's stock page.

How is WWW stock valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge WWW's intrinsic value.

Using relative valuations methods:

  • WWW could be undervalued based on its P/B ratio of 3.23x, relative to Footwear & Accessories industry P/B ratio of 7.54x

You can access more valuation analysis on WWW's stock here.

A quick look at WWW Financials

Passed Health Checks:

  • There are more short-term assets than long-term liabilities on the WWW balance sheet.
  • There are more short-term assets than short-term liabilities on the WWW balance sheet.
  • WWW profit margin has gone up from -7% to -1.8% in the past year.

Failed Health Checks:

  • WWW has a relatively high debt to equity ratio of 6.33.
  • WWW earnings of -$71.10M is not enough to cover its interest payments.
  • WWW's operating cash flow of $121.80M allows it to safely service it's debt of $1.09B.
  • Total WWW debt is higher than 5 years ago, relative to shareholder equity.

Do Wall Street analysts think it's a good time to buy WWW stock

Out of 3 Wall Street analysts who give forecasts on WWW, the consensus analyst rating on Wolverine World Wide is a Sell

It's important to keep in mind that analyst forecasts are not recommendations, nor are they financial advice.

You can dive deeper into what analysts are saying on the Wolverine World Wide stock forecast page.

WWW Technicals

SMA10
10.45
SMA20
10.14
SMA50
9.36
SMA100
9.05
SMA200
9.68
MACD
0.41
MACD Signal
0.33
MACD Histogram
0.08
RSI
68.55
Stochastic %K
90.17
Stochastic %D
85.79
StochRSI %K
96.28
StochRSI %D
92.62

How are WWW Revenues/Earnings doing?

Last year, WWW revenue was $2.24B. In the past five year, WWW's revenue has grown by 0.03% per year. This was slower than the Footwear & Accessories industry average of 11.3%.

Dig into WWW's earnings and revenue performance here.

What are WWW insiders up to?

Over the last 12 months, insiders at WWW have sold more shares than they have bought.

Christopher Hufnagel, President and CEO of WWW, was the latest WWW insider to sell. They sold $17,975.55 worth of WWW shares on Feb 9, 2024.

Research more about who owns WWW shares here.

Can I rely on WWW as an income stream?

Wolverine World Wide pays a dividend of 3.55%, compared to the Footwear & Accessories industry's average dividend yield of 2.52%. If you owned $1,000 of WWW stock, you would have been paid $35.46 in the past 12 months.

Wolverine World Wide dividend payments have consistently grown over the past decade and have remained stable.

Get more data about Wolverine World Wide dividend yield and history here.

What do other traders have to say about WWW?

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Step 5: Place your WWW trade

There are two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly fine.
  • Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
    If you want to ensure you're buying or selling at a particular dollar amount limit, place a limit order.

Press the Open Trade button and your broker will place the order.

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Step 6: Monitor your WWW position

Now that you own some WWW shares, you'll want to keep up with your investment.

Add WWW to a watchlist to get notified of important updates regarding your WWW stock.

WWW Feed

How to Buy Stock in Wolverine World Wide

To reiterate, here are the 6 steps for buying Wolverine World Wide stock:

  1. Figure out where to buy Wolverine World Wide stock
  2. Create a brokerage account
  3. Fund your brokerage account
  4. Analyze Wolverine World Wide stock
  5. Place your WWW trade
  6. Monitor your WWW position

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If you would like to monitor your investment in Wolverine World Wide, create a watchlist today.

NYSE: WWW
$11.28+0.52 (+4.83%)
Updated Mar 27, 2024
Open eToro Account
NYSE: WWW
$11.28+0.52 (+4.83%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Wolverine World Wide share?

As of Mar 27, 2024, it costs $11.28 to buy one share of Wolverine World Wide stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $5, you can buy 0.443 shares of WWW.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Wolverine World Wide stock?

According to 3 Wall Street analysts who monitor Wolverine World Wide, their consensus recommendation is to sell Wolverine World Wide stock.

What is the best way to buy Wolverine World Wide stock?

One way to place an order for Wolverine World Wide stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.