$0.37 EPS Expected for Wolverine World Wide, Inc. (WWW)

September 17, 2017 - By Maria Brooks

 $0.37 EPS Expected for Wolverine World Wide, Inc. (WWW)
Investors sentiment increased to 1.31 in Q4 2016. Its up 0.28, from 1.03 in 2016Q3. It improved, as 18 investors sold Wolverine World Wide, Inc. shares while 70 reduced holdings. 37 funds opened positions while 78 raised stakes. 86.00 million shares or 0.34% less from 86.29 million shares in 2016Q3 were reported.
Aristotle Cap Boston Limited Liability Corp holds 0.07% of its portfolio in Wolverine World Wide, Inc. (NYSE:WWW) for 22,630 shares. Strs Ohio holds 212,900 shares. Aqr Mgmt Limited Com owns 0% invested in Wolverine World Wide, Inc. (NYSE:WWW) for 12,077 shares. Huntington Financial Bank reported 0% in Wolverine World Wide, Inc. (NYSE:WWW). Dimensional Fund Limited Partnership holds 0.05% of its portfolio in Wolverine World Wide, Inc. (NYSE:WWW) for 4.46M shares. Susquehanna Grp Inc Llp invested in 0% or 143,105 shares. Landscape Cap Management Limited Liability Corporation, New Jersey-based fund reported 35,027 shares. Point72 Asia (Hong Kong) reported 0.03% in Wolverine World Wide, Inc. (NYSE:WWW). First Tru Advisors L P owns 47,018 shares for 0% of their portfolio. Moreover, Bessemer Gp has 0% invested in Wolverine World Wide, Inc. (NYSE:WWW). Schwab Charles Investment reported 533,064 shares. Glenmede Na stated it has 1.59M shares or 0.19% of all its holdings. Harvey Lc stated it has 0.13% in Wolverine World Wide, Inc. (NYSE:WWW). State Common Retirement Fund holds 0% or 132,891 shares in its portfolio. Bank & Trust Of Ny Mellon Corporation owns 1.41M shares.

Analysts await Wolverine World Wide, Inc. (NYSE:WWW) to report earnings on October, 17. They expect $0.37 EPS, down 24.49 % or $0.12 from last year’s $0.49 per share. WWW’s profit will be $35.69 million for 18.14 P/E if the $0.37 EPS becomes a reality. After $0.43 actual EPS reported by Wolverine World Wide, Inc. for the previous quarter, Wall Street now forecasts -13.95 % negative EPS growth. The stock increased 1.32% or $0.35 on September 15, reaching $26.85. About 853,272 shares traded or 30.48% up from the average. Wolverine World Wide, Inc. (NYSE:WWW) has risen 48.14% since September 17, 2016 and is uptrending. It has outperformed by 31.44% the S&P500.

Wolverine World Wide, Inc. (NYSE:WWW) Ratings Coverage

Among 14 analysts covering Wolverine (NYSE:WWW), 3 have Buy rating, 3 Sell and 8 Hold. Therefore 21% are positive. Wolverine had 37 analyst reports since August 10, 2015 according to SRatingsIntel. The firm has “Sell” rating by Susquehanna given on Wednesday, August 2. Piper Jaffray maintained Wolverine World Wide, Inc. (NYSE:WWW) on Thursday, September 17 with “Neutral” rating. The rating was maintained by Susquehanna on Wednesday, August 9 with “Sell”. Piper Jaffray maintained Wolverine World Wide, Inc. (NYSE:WWW) on Thursday, June 8 with “Hold” rating. The stock has “Sell” rating by Zacks on Tuesday, September 8. The rating was maintained by Telsey Advisory Group with “Market Perform” on Thursday, February 23. The stock has “Underperform” rating by Sterne Agee CRT on Wednesday, October 21. Telsey Advisory Group maintained Wolverine World Wide, Inc. (NYSE:WWW) on Thursday, September 17 with “Market Perform” rating. The firm has “Sector Weight” rating by KeyBanc Capital Markets given on Friday, February 3. The rating was maintained by Piper Jaffray with “Hold” on Wednesday, August 12.

Wolverine World Wide, Inc. is a designer, maker and marketer of a range of casual footwear and apparel, outdoor and athletic footwear and apparel, children’s footwear, industrial work boots and apparel, and uniform shoes and boots. The company has market cap of $2.59 billion. It operates in four divisions: Wolverine Outdoor & Lifestyle Group, which offers Merrell footwear and apparel, Cat footwear, Hush Puppies footwear and apparel, and Chaco footwear; Wolverine Boston Group, which offers Sperry footwear and apparel, Saucony footwear and apparel, and Keds footwear and apparel; Wolverine Heritage Group, which offers Wolverine footwear and apparel, Bates uniform footwear, Harley-Davidson footwear and HyTest safety footwear, and Wolverine Multi-Brand Group, which offers Stride Rite footwear and apparel, and its multi-brand consumer-direct businesses. It has a 31.63 P/E ratio. It also operates a performance leather business.

More recent Wolverine World Wide, Inc. (NYSE:WWW) news were published by: Footwearnews.com which released: “Wolverine Worldwide Will Be Sending More Than 35000 Footwear and Clothing …” on September 06, 2017. Also Mlive.com published the news titled: “Tannery waste dumped at landfill tied to municipal water pollution” on September 07, 2017. Nasdaq.com‘s news article titled: “Is Wolverine World Wide (WWW) a Great Stock for Value Investors?” with publication date: August 29, 2017 was also an interesting one.

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