For its fourth fiscal quarter (ending December 31), Weis Markets Inc. (NYSE: WMK) has reported a -29% decline in E.P.S. from $1.07 a year ago to $0.76 in the current quarter. E.P.S. were $3.86 for the latest four quarters through December 31 versus $4.65 for the same period a year ago — a decline of -17%.
Recent Price Action
Weis Markets Inc. (NYSE: WMK) stock closed at $60.06 on 2/27/24 after a slight decline of -0.7%. This decline was accompanied by normal trading volume. The stock has declined -3.1% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, WMK is expected to continue to be a modest Value Builder.
Weis Markets has a current Value Trend Rating of C (Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Weis Markets has a slightly positive Appreciation Score of 68 and a neutral Power Rating of 44, and the Neutral Value Trend Rating results.
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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