Weis Markets Inc. (NYSE: WMK) has reported E.P.S. of $0.86 for its first fiscal quarter (ending March 31) versus $0.96 for the same period a year ago — a decline of -10%. For the latest four quarters through March 31, E.P.S. were $3.75 versus $4.45 for the same period a year ago — a decline of -16%.
Recent Price Action
On 5/8/24, Weis Markets Inc. (NYSE: WMK) stock rose modestly by 0.8%, closing at $63.66. However, below average trading volume at 79% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months but has risen 0.8% during the last week.
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 (Neutral). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Weis Markets has a neutral Appreciation Score of 59 and a slightly negative Power Rating of 38, resulting in 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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