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Is this Large Market Cap Stock target price reasonable for Wolverine World Wide Inc. (NYSE:WWW)?

The company in question is, Wolverine World Wide Inc. (NYSE:WWW) currently with a stock price of 22.62 (0.85% today). The market cap for Wolverine World Wide Inc. is 2234.48, and is in the sector Consumer Goods, and Textile – Apparel Footwear & Accessories industry. The target price for Wolverine World Wide Inc. is 23.75. Currently Wolverine World Wide Inc. is trading with a P/E of 22.91, and a forward P/E of 14.42. Average volume for Wolverine World Wide Inc. is 833.77 and so far today it is 434930.

Performance in the last year for Wolverine World Wide Inc. has been 11.77%. For EPS growth, Wolverine World Wide Inc. has seen a growth of -7.70%, and is looking to grow in the next year to 13.91%. More long term stats show that EPS growth has been 2.70% over the last five years and could be 13.00% for the next five years. Wolverine World Wide Inc. has seen sales growth quarter over quarter at -7.40%, with EPS growth quarter over quarter at -0.20%. The 20-day simple moving average is -3.08%, with the 200-day simple moving average coming to 14.14%.

Since the IPO date for Wolverine World Wide Inc. on the 12/18/1984, Wolverine World Wide Inc. has seen performance year to date to be 35.45%. With Wolverine World Wide Inc. trading at 22.62, the dividend yield is 1.07%, and the EPS is 0.98.

So could Wolverine World Wide Inc., be undervalued? Well as said before P/E is 22.91. The PEG is 1.76, P/S is 0.86 and the P/B is at 2.15. The P/cash is 10.08, with P/free cash flow at 20.18.

Wolverine World Wide Inc. ability to deal with debt shows that the current ratio is 3.1, and the quick ratio is 1.8. This is with long term debt/equity at 0.79, and total debt/equity at 0.81.

In terms of margins, Wolverine World Wide Inc. has a gross margin of 38.80%, an operating margin of 6.30% and a profit margin of 3.70%.Payout ratio for Wolverine World Wide Inc. is 24.30%. Return on assets come to 3.90% with return on investment coming to 8.90%.

Insider ownership for Wolverine World Wide Inc., is at 1.10% and institutional ownership comes to 93.00%. Outstanding shares are at 99.62. While shares float is 95.51. The float short is currently 4.44%, and short ratio is 5.08.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Stephen Butters

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