For its second fiscal quarter (ending June 30), Weyco Group Inc (NASDAQ: WEYS) has reported a 18% increase in E.P.S. from $0.51 a year ago to $0.60 in the current quarter. For the latest four quarters through June 30, E.P.S. were $3.19 compared to $3.50 a year ago — a decline of -9%.
Recent Price Action
Weyco Group Inc (NASDAQ: WEYS) stock enjoyed a large increase of 2.5% on 8/6/24. The stock closed at $31.10. However, below average trading volume at 77% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has declined -7.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, WEYS is expected to continue to be a Value Builder.
Weyco Group has a current Value Trend Rating of C (Low Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Weyco Group has a neutral Appreciation Score of 54 and a slightly negative Power Rating of 39, producing the Low 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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