Weis Markets Inc. (NYSE: WMK) has reported earnings for its third fiscal quarter (ending September 30) of $0.96 versus $0.86 for the same period a year ago — an increase of 12%. For the latest four quarters through September 30, E.P.S. were $3.56 compared to $4.17 a year ago — a decline of -15%.
Recent Price Action
Weis Markets Inc. (NYSE: WMK) stock enjoyed a large increase of 2.8% on 11/5/24. The stock closed at $66.46. NORMAL trading volume accompanied the advance. The stock has risen 3.3% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
WMK’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
Weis Markets has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Weis Markets has a slightly positive Appreciation Score of 62 and a slightly positive Power Rating of 63, with the High Neutral Value Trend Rating the result.
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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