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WEYS Company Profile and Key Details

NASDAQ : WEYS

Weyco Group

$34.89
0.07+0.20%
At Close 4:00 PM
67.01
B-ESG ScoreESG Rating

Price Chart

Stock Price Today

Weyco Group, Inc. (WEYS) stock surged +0.20%, trading at $34.89 on NASDAQ, up from the previous close of $34.82. The stock opened at $34.62, fluctuating between $34.49 and $35.69 in the recent session.

Stock Snapshot

34.82
Prev. Close
332.58M
Market Cap
34.49
Day Low
14.07
P/E Ratio
2.48
EPS (TTM)
10.12
Cash Flow per Share
34.62
Open
9.53M
Number of Shares
35.69
Day High
59.05%
Free Float in %
25.95
Book Value
25.21K
Volume

Relevant Articles

SEC Fillings

Current Report (8-k)

Filing DateAccepted Date

Annual Report (10-k)

Filing DateAccepted Date

Stock Price History Chart

DateOpenHighLowCloseVolume
May 18, 202634.8735.6934.4934.8926.23K
May 15, 202634.1335.0233.6834.8226.26K
May 14, 202634.1035.0533.5334.6113.37K
May 13, 202633.2034.0133.1733.9118.27K
May 12, 202634.7334.8833.1733.1710.51K
May 11, 202634.0035.1733.6634.7017.34K
May 08, 202634.0534.5033.1533.9811.05K
May 07, 202632.3334.3532.3334.2618.58K
May 06, 202631.5332.6031.5332.3314.12K
May 05, 202631.6532.0131.4531.8013.46K
May 04, 202632.6133.0031.8131.8111.06K
Apr 30, 202633.3833.6632.9732.998.95K
Apr 29, 202634.3834.3833.1633.5111K
Apr 28, 202634.2734.7234.2734.724.92K
Apr 27, 202633.6534.7433.6534.3322.11K
Apr 23, 202634.2234.7332.8833.6454.42K
Apr 22, 202634.5334.8433.8233.9722.56K
Apr 21, 202634.8035.1834.1734.2815.5K
Apr 20, 202634.9135.1834.7634.908.49K
Apr 17, 202634.5435.1834.4135.1313.51K

Contact Details

Milwaukee, WI 53201

United States

https://www.weycogroup.com414 908 1600

About Company

Weyco Group, Inc. designs and distributes footwear for men, women, and children. It operates through two segments, North American Wholesale Operations and North American Retail Operations. The company offers mid-priced leather dress shoes and casual footwear of man-made materials or leather; and outdoor boots, shoes, and sandals under the Florsheim, Nunn Bush, Stacy Adams, BOGS, and Rafters brand names. It is also involved in the wholesale of its products to approximately 10,000 footwear, department, and specialty stores, as well as e-commerce retailers. As of December 31, 2021, the company had four brick and mortar retail stores in the United States. In addition, it has licensing agreements with third parties, who sell its branded apparel, accessories, and specialty footwear. It serves in the United States, Canada, Europe, Australia, Asia, and South Africa. The company was formerly known as Weyenberg Shoe Manufacturing Company and changed its name to Weyco Group, Inc. in April 1990. Weyco Group, Inc. was incorporated in 1906 and is based in Milwaukee, Wisconsin.

Company Information

Employees413
Beta0.86
Sales or Revenue$318.05M
5Y Sales Change%0.147%
Fiscal Year EndsDecember
SectorConsumer Cyclical
IndustryApparel - Footwear & Accessories

Company Overview

Weyco Group, Inc. (NASDAQ:WEYS) closed at $34.89 USD, gaining $0.07 (0.20%) from the previous close of $34.82. The stock is currently within 5% of its 52-week high $27.25 and $35.69. With a market capitalization of about $332.58 million, Weyco Group, Inc. is classified as a small-cap and shows market-like volatility (beta ~0.86). Key stats such as the average daily volume over the past year has been around 17.08 thousand shares, in line with its 52-week average. Headquartered in Milwaukee, WI, Weyco Group, Inc. operates in the Consumer Cyclical sector and the Apparel - Footwear & Accessories industry. Led by CEO Thomas W. Florsheim Jr., the company employs approximately 413 people and listed since March 17, 1980. Weyco Group, Inc. designs and distributes footwear for men, women, and children.

Technical Performance

Short-term trend indicators are bearishly aligned (SMA20 2.09%, SMA50 2.9%, SMA200 8.84%). The stock’s 14-day RSI is 57.7 (neutral), while the ATR of 0.89 points to higher daily volatility. The stock remains hovering near 52-week lows, trading -6.31% below its high and over 35.14% above its low. Average 10-day trading volume of 18.66 thousand shares is in line with the 3-month average of 17.64 thousand, indicating normal recent market interest.

Valuation Metrics

Weyco Group, Inc. trades at a P/E ratio of 13.97, slightly below the S&P 500 average, with a price-to-sales ratio of 1.21 and a price-to-book ratio of 1.36 suggesting the stock is closer to book value. The P/FCF stands at 6.88, also above market averages.

Dividend & Fair Value

Weyco Group, Inc. last paid a dividend of 3.09 per share, this equals a trailing yield of roughly 3.08%. Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $48.00. This means the shares are trading below this model’s fair value.

Earnings & Analyst Outlook

Weyco Group, Inc. generated EPS of $2.53 over the past year. Five-year average earnings growth is 8.53%.

Shareholding & Insider Activity

Weyco Group, Inc. has 9.54 million shares outstanding. The public float is 5.63 million shares, elevated short interest at 1.29% of float. This equals 79.88 thousand shares. The short ratio is 5.59 days. Institutional investors hold 39.51% of the float. Insiders own 36.64%. FLORSHEIM THOMAS W JR holds 645.98 thousand shares, FLORSHEIM JOHN W has 275.52 thousand shares and FEITLER ROBERT has 223.55 thousand shares. Over the past six months, insider transactions show net selling. They sold 1.06 thousand shares across 1 transactions.

Financial & Profitability Overview

Over the trailing twelve months, Weyco Group generated $318.05M in revenue, or $33.36 per share. Gross margin was 44.92%, operating margin 12.90%, and net profit margin 9.49%. Returns are healthy, with ROA at 9.76% and ROE at 12.35%.
On valuation metrics, Weyco Group trades at a P/E of 13.97, P/S of 1.21 and P/B of 1.36. The current ratio is 8.26 and quick ratio is 5.98. Operationally, the company’s inventory turnover is 3.11 and cash conversion cycle is 157.15 days. Debt-to-equity is 0.04, supported by a cash flow-to-debt ratio of 5.17.

Quarterly Financial Highlights

For the quarter ended Dec 31, 2023, Weyco Group posted revenue of $318.05M, down slightly from $351.74M in the prior quarter. Gross profit was $142.88M (margin 44.92%). Operating income was $41.02M (margin 12.9%). Net income was$30.19M (EPS $3.19).
The company ended the quarter with $69.53M in cash and short-term investments, a total debt of $13.51M, and net debt of - $55.80M. Total assets were $309.34M, with equity of $244.49M. Financials further reflected stability, with operating cash flow of $98.63M, free cash flow of $95.32M, and capital expenditures of - $3.31M.

Frequently Asked Questions

What is the current Weyco Group, Inc. (WEYS) stock price?
Weyco Group, Inc. (NASDAQ: WEYS) stock price is $34.89 in the last trading session. During the trading session, WEYS stock reached the peak price of $35.69 while $34.49 was the lowest point it dropped to. The percentage change in WEYS stock occurred in the recent session was 0.2% while the dollar amount for the price change in WEYS stock was $0.07.
WEYS's industry and sector of operation?
The NASDAQ listed WEYS is part of Apparel - Footwear & Accessories industry that operates in the broader Consumer Cyclical sector. Weyco Group, Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
Who are the executives of WEYS?
Mr. Thomas W. Florsheim Jr.
Chairman & Chief Executive Officer
Joshua Wisenthal
Vice President & Pres of Weyco Canada
Mr. Joshua Wisenthal
Vice President & Pres of Weyco Canada
DeAnna Osteen
Vice President of HR
Jeff Douglass
Vice President of Marketing
Ms. Judy Anderson
Vice President, Chief Financial Officer & Sec.
Mr. Robert D. Hanley
Director of Fin. & Principal Accounting Officer
William Combs
Founder, Vice President and Director of Product - BOGS & Rafters Brands
Mr. Dustin Combs
Vice President and Pres of BOGS & Rafters Brands
Mr. Brian Flannery
Vice President & Pres of Stacy Adams Brand
Mr. Kevin Schiff
Vice President & Pres of Florsheim Brand
Mr. John W. Florsheim
Pres, Chief Operating Officer, Assistant Sec. & Director
Mr. Kevin S. Schiff
Vice President & Pres of Florsheim Brand
How WEYS did perform over past 52-week?
WEYS's closing price is 28.04% higher than its 52-week low of $27.25 where as its distance from 52-week high of $35.69 is -2.24%.
How many employees does WEYS have?
Number of WEYS employees currently stands at 413.
Link for WEYS official website?
Official Website of WEYS is: https://www.weycogroup.com
How do I contact WEYS?
WEYS could be contacted at phone 414 908 1600 and can also be accessed through its website. WEYS operates from 333 West Estabrook Boulevard, Milwaukee, WI 53201, United States.
How many shares of WEYS are traded daily?
WEYS stock volume for the day was 25.21K shares. The average number of WEYS shares traded daily for last 3 months was 17.08K.
What is the market cap of WEYS currently?
The market value of WEYS currently stands at $332.58M with its latest stock price at $34.89 and 9.53M of its shares outstanding.
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