Beyond The Numbers: 9 Analysts Discuss Wolverine World Wide Stock
Portfolio Pulse from Benzinga Insights
Analysts' ratings for Wolverine World Wide (NYSE:WWW) have varied from bullish to bearish over the last quarter. The average 12-month price target has increased by 26.89% to $14.11. Despite this, the company faces financial challenges, including a decline in revenue, low net margin, and high debt-to-equity ratio.

July 19, 2024 | 3:01 pm
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Analysts' ratings for Wolverine World Wide (NYSE:WWW) have shown mixed sentiments over the last quarter. The average 12-month price target has increased by 26.89% to $14.11, with a high estimate of $20.00 and a low estimate of $10.00. Despite the positive outlook from analysts, the company faces significant financial challenges, including a 34.12% decline in revenue, a net margin of -3.75%, and a high debt-to-equity ratio of 4.04.
The mixed analyst ratings and increased price target suggest a neutral short-term impact on the stock price. However, the company's financial challenges, including a significant revenue decline and high debt, may offset the positive sentiment from analysts.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100