Wolverine World Wide Inc. (NYSE:WWW) traded at a new 52-week high today of $34.68. So far today approximately 75,000 shares have been exchanged, as compared to an average 30-day volume of 393,000 shares.
There is potential upside of 242.9% for shares of Wolverine World Wide Inc. based on a current price of $34.38 and an average consensus analyst price target of $117.88.
Wolverine World Wide Inc. share prices have moved between a 52-week high of $34.68 and a 52-week low of $12.19 and are now trading 182% above that low price at $34.38 per share.
Wolverine World Wide makes a wide range of footwear and apparel that it sells globally through three main divisions. The company sells casual footwear and apparel through its lifestyle group, and it sells performance and athletic apparel through its performance group. Its heritage group consists largely of industrial and work boots and shoes. Company brands include Sperry, Stride Rite, Hush Puppies, Keds, Merrell, and Saucony. The company also licenses brands including Harley-Davidson and Cat. Most company sales are wholesale to third-party retailers, but Wolverine also has some direct-to-consumer exposure and bids for U.S. military contracts. The company sources most of its product from third-party manufacturers in Asia. Wolverine manufactures some products internally.
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