(WEYS) Weyco - Ratings and Ratios

Weyco Group, Inc. is a footwear company with a global presence, operating in multiple segments including wholesale and retail in North America, and licensing agreements internationally. The companys diverse brand portfolio, including Florsheim, Nunn Bush, Stacy Adams, BOGS, and Forsake, caters to various consumer preferences for dress shoes, casual footwear, outdoor boots, shoes, and sandals.

The companys business model is multifaceted, involving wholesale distribution to various retailers, e-commerce, and brick-and-mortar retail stores. This diversified approach allows Weyco Group to maintain a strong market presence and adapt to changing consumer behaviors. Additionally, the companys licensing agreements enable its brands to reach broader markets, both domestically and internationally.

Analyzing the , the stocks current price is $32.60, with its SMA20 and SMA50 indicating a recent uptrend, having surpassed both averages. However, it is still below its SMA200, suggesting a potential resistance level around $33.20. The ATR indicates a daily volatility of about 4.97%, which is relatively moderate. Given the 52-week high and low, the stock has shown significant price movement, presenting both opportunities and risks.

From a fundamental perspective, Weyco Groups shows a market capitalization of $314.23M USD and a P/E ratio of 10.32, indicating a relatively undervalued stock compared to its earnings. The Return on Equity (RoE) of 12.09% suggests that the company is generating a decent return for its shareholders. The absence of a forward P/E ratio complicates the picture, making it harder to gauge future earnings expectations.

Combining both technical and fundamental insights, a forecast for Weyco Group could involve a potential short-term target near its SMA200 at $33.20, assuming the overall market conditions remain favorable and the company continues to perform well operationally. A break above this level could signal further upside potential, potentially towards its 52-week high of $40.41. Conversely, failure to sustain above $32.60 could lead to a retest of its SMA50 or even lower. Investors should closely monitor the companys quarterly earnings reports and overall market trends to adjust their strategies accordingly.