Wolverine World Shares Outstanding vs. Net Income
| WWW Stock | USD 17.59 0.60 3.30% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.29 | 0.35 |
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For Wolverine World profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Wolverine World to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Wolverine World Wide utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Wolverine World's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Wolverine World Wide over time as well as its relative position and ranking within its peers.
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Wolverine World's Revenue Breakdown by Earning Segment
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Wolverine World Revenue Breakdown by Earning Segment
By analyzing Wolverine World's earnings estimates, investors can diagnose different trends across Wolverine World's analyst sentiment over time as well as compare current estimates against different timeframes.
What growth prospects exist in Textiles, Apparel & Luxury Goods sector? Can Wolverine capture new markets? Factors like these will boost the valuation of Wolverine World. Anticipated expansion of Wolverine directly elevates investor willingness to pay premium valuations. Valuation analysis balances hard financial data with qualitative growth assessments. While each Wolverine World valuation metric matters, prioritizing which indicators carry greater predictive weight remains essential.
Quarterly Earnings Growth 0.068 | Dividend Share 0.4 | Earnings Share 1.07 | Revenue Per Share | Return On Assets |
Investors evaluate Wolverine World Wide using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Wolverine World's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Investment professionals apply varied valuation frameworks to compute inherent worth and acquire positions when market prices trade at discounts to calculated value. External factors like market trends, sector rotation, and investor psychology can cause Wolverine World's market price to deviate significantly from intrinsic value.
Please note, there is a significant difference between Wolverine World's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wolverine World is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. Conversely, Wolverine World's market price signifies the transaction level at which participants voluntarily complete trades.
Wolverine World Wide Net Income vs. Shares Outstanding Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Wolverine World's current stock value. Our valuation model uses many indicators to compare Wolverine World value to that of its competitors to determine the firm's financial worth. Wolverine World Wide is rated below average in shares outstanding category among its peers. It is rated fourth in net income category among its peers making up about 0.63 of Net Income per Shares Outstanding. The ratio of Shares Outstanding to Net Income for Wolverine World Wide is roughly 1.59 . At this time, Wolverine World's Net Income is fairly stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Wolverine World by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Wolverine Net Income vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Wolverine World |
| = | 81.97 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Wolverine World |
| = | 51.5 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Wolverine Net Income Comparison
Wolverine World is currently under evaluation in net income category among its peers.
Wolverine World Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Wolverine World, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Wolverine World will eventually generate negative long term returns. The profitability progress is the general direction of Wolverine World's change in net profit over the period of time. It can combine multiple indicators of Wolverine World, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -133 M | -126.4 M | |
| Operating Income | 116.2 M | 77.6 M | |
| Income Before Tax | 70.8 M | 59.5 M | |
| Total Other Income Expense Net | -35.5 M | -33.7 M | |
| Net Income | 59.2 M | 50 M | |
| Income Tax Expense | 9.1 M | 9.6 M | |
| Net Income Applicable To Common Shares | 41.7 M | 46.8 M | |
| Net Income From Continuing Ops | 46.4 M | 45.4 M | |
| Non Operating Income Net Other | 2.5 M | 2.6 M | |
| Interest Income | 49.1 M | 43.4 M | |
| Net Interest Income | -38.4 M | -40.4 M | |
| Change To Netincome | 313.9 M | 329.6 M | |
| Net Loss | (0.45) | (0.43) | |
| Income Quality | (3.57) | (3.75) | |
| Net Income Per E B T | 0.27 | 0.25 |
Wolverine Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Wolverine World. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Wolverine World position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Wolverine World's important profitability drivers and their relationship over time.
Wolverine World Earnings per Share Projection vs Actual
Use Wolverine World in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Wolverine World position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Wolverine World will appreciate offsetting losses from the drop in the long position's value.Wolverine World Pair Trading
Wolverine World Wide Pair Trading Analysis
The ability to find closely correlated positions to Wolverine World could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Wolverine World when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Wolverine World - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Wolverine World Wide to buy it.
The correlation of Wolverine World is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Wolverine World moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Wolverine World Wide moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Wolverine World can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Wolverine World position
In addition to having Wolverine World in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Tobacco makers and distributors across globe. The Cigarettes theme has 11 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cigarettes Theme or any other thematic opportunities.
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Additional Tools for Wolverine Stock Analysis
When running Wolverine World's price analysis, check to measure Wolverine World's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wolverine World is operating at the current time. Most of Wolverine World's value examination focuses on studying past and present price action to predict the probability of Wolverine World's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wolverine World's price. Additionally, you may evaluate how the addition of Wolverine World to your portfolios can decrease your overall portfolio volatility.