Weyco Group Inc (NASDAQ: WEYS) has reported E.P.S. of $0.90 for its fourth fiscal quarter (ending December 31) versus $1.07 for the same period a year ago. For the latest four quarters through December 31, E.P.S. were $3.19 versus $3.09 for the same period a year ago.
Recent Price Action
Weyco Group Inc (NASDAQ: WEYS) stock declined by -2.7% on 3/5/24. The shares closed at $31.49. NORMAL trading volume accompanied the decline. The stock has been exceptionally strong relative to the market over the last nine months but has declined -4.7% during the last week.
Current PriceTarget Research Rating
WEYS’ future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Weyco Group has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Weyco Group has a neutral Appreciation Score of 56 but a good Power Rating of 84, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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