Weyco Group Inc (NASDAQ: WEYS) has reported earnings for its third fiscal quarter (ending September 30) of $0.85 versus $0.99 for the same period a year ago — a decline of -14%. For the latest four quarters through September 30, E.P.S. were $3.05 versus $3.36 for the same period a year ago — a decline of -9%.
Recent Price Action
On 11/5/24, Weyco Group Inc (NASDAQ: WEYS) stock enjoyed a large increase of 2.0%, closing at $34.50. NORMAL trading volume accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 1.7% 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 (Neutral). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Weyco Group has a neutral Appreciation Score of 56 and a neutral Power Rating of 57, with the 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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