| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
WEYS Stock Overview
Weyco Group, Inc., together with its subsidiaries, designs and distributes footwear for men, women, and children.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$22.53 |
| 52 Week High | US$25.50 |
| 52 Week Low | US$16.91 |
| Beta | 0.57 |
| 1 Month Change | -0.97% |
| 3 Month Change | -0.57% |
| 1 Year Change | 28.67% |
| 3 Year Change | -16.18% |
| 5 Year Change | -20.05% |
| Change since IPO | 267.01% |
Recent News & Updates
The Bottom Fishing Club: Weyco
Weyco has suffered from pandemic store closures and stay-at-home trends in the U.S. during 2020-21. Dress shoe sales should rebound nicely into 2022-23, and the company is well positioned to profit from it. The nearly 4% dividend yield story is compelling. Technical momentum trends are extremely bullish in November.
Weyco Group (NASDAQ:WEYS) Has Announced A Dividend Of US$0.24
The board of Weyco Group, Inc. ( NASDAQ:WEYS ) has announced that it will pay a dividend on the 30th of September, with...
Weyco Group's (NASDAQ:WEYS) Soft Earnings Are Actually Better Than They Appear
Weyco Group, Inc.'s ( NASDAQ:WEYS ) recent soft profit numbers didn't appear to worry shareholders. However, we think...
Shareholder Returns
| WEYS | US Retail Distributors | US Market | |
|---|---|---|---|
| 7D | -9.0% | -4.1% | -5.1% |
| 1Y | 28.7% | 26.9% | 3.3% |
Return vs Industry: WEYS underperformed the US Retail Distributors industry which returned 29.9% over the past year.
Return vs Market: WEYS exceeded the US Market which returned 4.2% over the past year.
Price Volatility
| WEYS volatility | |
|---|---|
| WEYS Average Weekly Movement | 3.7% |
| Retail Distributors Industry Average Movement | 7.1% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in US Market | 15.4% |
| 10% least volatile stocks in US Market | 2.4% |
Stable Share Price: WEYS is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: WEYS's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1906 | 485 | Thomas Florsheim | https://www.weycogroup.com |
Weyco Group, Inc., together with its subsidiaries, 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.
Weyco Group Fundamentals Summary
| WEYS fundamental statistics | |
|---|---|
| Market Cap | US$217.91m |
| Earnings (TTM) | US$15.32m |
| Revenue (TTM) | US$228.23m |
14.2x
P/E Ratio1.0x
P/S RatioIs WEYS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WEYS income statement (TTM) | |
|---|---|
| Revenue | US$228.23m |
| Cost of Revenue | US$134.46m |
| Gross Profit | US$93.77m |
| Expenses | US$78.45m |
| Earnings | US$15.32m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Mar 08, 2022
| Earnings per share (EPS) | 1.58 |
| Gross Margin | 41.09% |
| Net Profit Margin | 6.71% |
| Debt/Equity Ratio | 0% |
How did WEYS perform over the long term?
See historical performance and comparisonDividends
4.3%
Current Dividend Yield61%
Payout RatioValuation
Is Weyco Group undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WEYS ($22.53) is trading below our estimate of fair value ($328.37)
Significantly Below Fair Value: WEYS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WEYS is good value based on its PE Ratio (14.2x) compared to the US Retail Distributors industry average (15.3x).
PE vs Market: WEYS is good value based on its PE Ratio (14.2x) compared to the US market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate WEYS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: WEYS is good value based on its PB Ratio (1.1x) compared to the US Retail Distributors industry average (2.7x).
Future Growth
How is Weyco Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
8.1%
Forecasted Retail industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Weyco Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Past Performance
How has Weyco Group performed over the past 5 years?
-21.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WEYS has a large one-off loss of $8.0M impacting its September 30 2021 financial results.
Growing Profit Margin: WEYS became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: WEYS's earnings have declined by 21.2% per year over the past 5 years.
Accelerating Growth: WEYS has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: WEYS has become profitable in the last year, making it difficult to compare its past year earnings growth to the Retail Distributors industry (72.9%).
Return on Equity
High ROE: WEYS's Return on Equity (8%) is considered low.
Financial Health
How is Weyco Group's financial position?
Financial Position Analysis
Short Term Liabilities: WEYS's short term assets ($136.2M) exceed its short term liabilities ($21.5M).
Long Term Liabilities: WEYS's short term assets ($136.2M) exceed its long term liabilities ($44.1M).
Debt to Equity History and Analysis
Debt Level: WEYS is debt free.
Reducing Debt: WEYS has no debt compared to 5 years ago when its debt to equity ratio was 11.3%.
Debt Coverage: WEYS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: WEYS has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is Weyco Group current dividend yield, its reliability and sustainability?
4.26%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WEYS's dividend (4.26%) is higher than the bottom 25% of dividend payers in the US market (1.36%).
High Dividend: WEYS's dividend (4.26%) is in the top 25% of dividend payers in the US market (3.57%)
Stability and Growth of Payments
Stable Dividend: WEYS's dividends per share have been stable in the past 10 years.
Growing Dividend: WEYS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (60.7%), WEYS's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
11.2yrs
Average management tenure
CEO
Thomas Florsheim (63 yo)
23yrs
Tenure
US$743,793
Compensation
Mr. Thomas W. Florsheim, Jr., has been the Chief Executive Officer at Weyco Group Inc. since 1999 and also its Chairman of the Board since 2002. Mr. Florsheim has been working with Weyco Group for more tha...
CEO Compensation Analysis
Compensation vs Market: Thomas's total compensation ($USD743.79K) is below average for companies of similar size in the US market ($USD1.14M).
Compensation vs Earnings: Thomas's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: WEYS's management team is seasoned and experienced (11.2 years average tenure).
Board Members
Experienced Board: WEYS's board of directors are seasoned and experienced ( 26 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WEYS insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Weyco Group, Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Weyco Group, Inc.
- Ticker: WEYS
- Exchange: NasdaqGS
- Founded: 1906
- Industry: Distributors
- Sector: Retail
- Implied Market Cap: US$217.908m
- Shares outstanding: 9.67m
- Website: https://www.weycogroup.com
Number of Employees
Location
- Weyco Group, Inc.
- 333 West Estabrook Boulevard
- PO Box 1188
- Milwaukee
- Wisconsin
- 53201
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/26 00:55 |
| End of Day Share Price | 2022/01/25 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.