Wolverine World Wide P/E 2024

Wolverine World Wide P/E

15.1

Wolverine World Wide Dividend yield

3.5 %

Ticker

WWW

ISIN

US9780971035

WKN

855987

As of May 9, 2024, Wolverine World Wide's P/E ratio was 15.1, a -157.31% change from the -26.35 P/E ratio recorded in the previous year.

The Wolverine World Wide P/E history

Wolverine World Wide Aktienanalyse

What does Wolverine World Wide do?

Wolverine World Wide Inc is a global company based in Michigan, USA, specializing in the design, manufacture, and distribution of shoes, clothing, and accessories. The company's history dates back to 1883 when G.A. Krause founded a shoe factory that later became known as Wolverine Shoe and Tanning Corporation. Over the years, Wolverine World Wide expanded its business and portfolio by acquiring a variety of brands and companies, including Hush Puppies, Merrell, CAT Footwear, Keds, Saucony, Stride-Rite, and Sperry. Each brand has its own identity and specializes in specific products and target audiences. Wolverine World Wide's business model is based on producing and distributing high-quality shoes, clothing, and accessories that meet the needs of consumers in different parts of the world. The company is divided into three main business segments: Heritage Group, Performance Group, and Lifestyle Group. The Heritage Group includes the original brands acquired by the company through mergers. These brands, such as Wolverine, Bates, and Harley-Davidson, are known for their durable and rugged work shoes and boots. The Performance Group specializes in outdoor and athletic clothing. Well-known brands include Merrell, Saucony, and Chaco. These brands offer products for activities such as hiking, trail running, and climbing. The Lifestyle Group focuses on the everyday lifestyle market, offering comfortable shoes. Brands such as Sperry, Hush Puppies, and Keds are well-known and popular names in this segment. Overall, Wolverine World Wide offers a wide range of products for various target audiences, from workers to outdoor enthusiasts and fashion-conscious consumers. The company is also dedicated to environmental protection and sustainability, actively advocating for the implementation of environmentally friendly practices in its factories and supply chains. It is a member of the Better Cotton Initiative and the Leather Working Group, which promote sustainable practices in the cotton and leather industries. Throughout its history, Wolverine World Wide has received multiple awards and recognition for its products and practices, including the Green Step Award for its commitment to sustainability and the Export Achievement Award for its international business activities. Overall, Wolverine World Wide is a global company with a wide range of products, brands, and business segments. It is committed to environmental protection and sustainability, striving to produce high-quality products and meet the needs of consumers worldwide. Wolverine World Wide ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Wolverine World Wide's P/E Ratio

The Price to Earnings (P/E) Ratio of Wolverine World Wide is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Wolverine World Wide's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Wolverine World Wide is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Wolverine World Wide’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Wolverine World Wide Stock

What is the price-to-earnings ratio of Wolverine World Wide?

The price-earnings ratio of Wolverine World Wide is currently 15.1.

How has the price-earnings ratio of Wolverine World Wide changed compared to last year?

The price-to-earnings ratio of Wolverine World Wide has increased by -157.31% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Wolverine World Wide high compared to other companies?

Yes, the price-to-earnings ratio of Wolverine World Wide is high compared to other companies.

How does an increase in the price-earnings ratio of Wolverine World Wide affect the company?

An increase in the price-earnings ratio of Wolverine World Wide would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Wolverine World Wide affect the company?

A decrease in the price-earnings ratio of Wolverine World Wide would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Wolverine World Wide?

Some factors that influence the price-earnings ratio of Wolverine World Wide are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Wolverine World Wide pay?

Over the past 12 months, Wolverine World Wide paid a dividend of 0.4 USD . This corresponds to a dividend yield of about 3.5 %. For the coming 12 months, Wolverine World Wide is expected to pay a dividend of 0.33 USD.

What is the dividend yield of Wolverine World Wide?

The current dividend yield of Wolverine World Wide is 3.5 %.

When does Wolverine World Wide pay dividends?

Wolverine World Wide pays a quarterly dividend. This is distributed in the months of October, January, April, August.

How secure is the dividend of Wolverine World Wide?

Wolverine World Wide paid dividends every year for the past 23 years.

What is the dividend of Wolverine World Wide?

For the upcoming 12 months, dividends amounting to 0.33 USD are expected. This corresponds to a dividend yield of 2.86 %.

In which sector is Wolverine World Wide located?

Wolverine World Wide is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Wolverine World Wide kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Wolverine World Wide from 8/1/2024 amounting to 0.1 USD, you needed to have the stock in your portfolio before the ex-date on 7/1/2024.

When did Wolverine World Wide pay the last dividend?

The last dividend was paid out on 8/1/2024.

What was the dividend of Wolverine World Wide in the year 2023?

In the year 2023, Wolverine World Wide distributed 0.4 USD as dividends.

In which currency does Wolverine World Wide pay out the dividend?

The dividends of Wolverine World Wide are distributed in USD.

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Andere Kennzahlen von Wolverine World Wide

Our stock analysis for Wolverine World Wide Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Wolverine World Wide Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.