Weis Markets Inc. (NYSE: WMK) has reported E.P.S. of $0.86 for its third fiscal quarter (ending September 30) versus $1.07 for the same period a year ago — a decline of -20%. For the latest four quarters through September 30, E.P.S. were $4.17 compared to $4.42 a year ago — a decline of -6%.
Recent Price Action
On 11/6/23, Weis Markets Inc. (NYSE: WMK) stock declined modestly by -0.8%, closing at $66.67. The stock has been weak relative to the market over the last nine months but has risen 1.5% during the last week.
Current PriceTarget Research Rating
WMK is expected to continue to be a modest Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Weis Markets has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Weis Markets has a slightly positive Appreciation Score of 60 but a slightly negative Power Rating of 38, leading to the Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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