Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Weyco Group, Inc. before investing.

In this article, we go over a few key elements for understanding Weyco Group, Inc.’s stock price such as:

• Weyco Group, Inc.’s current stock price and volume
• Why Weyco Group, Inc.’s stock price changed recently
• Upgrades and downgrades for WEYS from analysts
• WEYS’s stock price momentum as measured by its relative strength

About Weyco Group, Inc. (WEYS)

Before we jump into Weyco Group, Inc.’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Weyco Group, Inc. designs and markets footwear principally for men. The Company is also focused on women and children, under a portfolio of brand names, including Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters, and Forsake. The Company?s segments include North American wholesale operations (Wholesale) and North American retail operations (Retail). In the Wholesale segment, its products are sold to footwear, department, and specialty stores, as well as e-commerce retailers, primarily in the United States and Canada. The segment also has licensing agreements with third parties who sell its branded apparel, accessories, and specialty footwear in the United States, as well as its footwear in Mexico and certain markets overseas. Its Retail segment consists of e-commerce businesses and four brick and mortar retail stores in the United States. Retail sales are made directly to consumers on its Websites, or by its employees. Its other operations include its wholesale and retail businesses.

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Weyco Group, Inc.’s Stock Price as of Market Close

As of March 06, 2024, 4:00 PM, CST, Weyco Group, Inc.’s stock price was $29.52.

Weyco Group, Inc. is down 6.26% from its previous closing price of $31.49.

During the last market session, Weyco Group, Inc.’s stock traded between $31.49 and $32.50. Currently, there are 9.45 million shares of Weyco Group, Inc. stock available for purchase.

Weyco Group, Inc.’s price-earnings (P/E) ratio is currently at 9.4, which is low compared to the Footwear industry median of 18.4. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Weyco Group, Inc. Stock Price History

Weyco Group, Inc.’s (WEYS) price is currently down 8.44% so far this month.

During the month of March, Weyco Group, Inc.’s stock price has reached a high of $32.71 and a low of $29.07.

Over the last year, Weyco Group, Inc. has hit prices as high as $33.70 and as low as $21.45. Year to date, Weyco Group, Inc.’s stock is up 39.51%.

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What Caused Weyco Group, Inc. Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of March 05, 2024, there were analysts who downgraded Weyco Group, Inc.’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate Weyco Group, Inc.’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Weyco Group, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Weyco Group, Inc.’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Weyco Group, Inc. (WEYS) by visiting AAII Stock Evaluator.

Relative Price Strength of Weyco Group, Inc.

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of March 05, 2024, Weyco Group, Inc. has a weighted four-quarter relative price strength of -0.92%, which translates to a Momentum Score of 69 and is considered to be Strong.

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Weyco Group, Inc. Stock Price: Bottom Line

As of March 6, 2024, Weyco Group, Inc.’s stock price is $29.52, which is down 6.26% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Weyco Group, Inc. stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.