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

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

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

About Weis Markets, Inc. (WMK)

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

Weis Markets, Inc. is principally engaged in the retail sale of food in Pennsylvania and surrounding states. The Company’s retail food stores sell groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral, pharmacy services, deli products, prepared foods, bakery products, beer and wine, fuel and general merchandise items, such as health and beauty care and household products. The store product selection includes national, local and private brands, including natural, gluten-free and organic varieties. It advertises its products and promotes its brand through digital and printed circulars; television ads; radio ads; e-mail blasts, and on-line via its Website, social media and mobile applications. The Loyalty program includes reward points that may be redeemed for discounts on items in store, at the Company’s fuel stations or at one of its third-party fuel station partners. It owns and operates 197 retail food stores, many of which have online order customer service.

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Weis Markets, Inc.’s Stock Price as of Market Close

As of May 14, 2024, 4:00 PM, CST, Weis Markets, Inc.’s stock price was $68.91.

Weis Markets, Inc. is up 4.95% from its previous closing price of $65.66.

During the last market session, Weis Markets, Inc.’s stock traded between $65.66 and $67.33. Currently, there are 26.90 million shares of Weis Markets, Inc. stock available for purchase.

Weis Markets, Inc.’s price-earnings (P/E) ratio is currently at 17.5, which is low compared to the Food Retail & Distribution industry median of 19.2. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Weis Markets, Inc. Stock Price History

Weis Markets, Inc.’s (WMK) price is currently up 9.16% so far this month.

During the month of May, Weis Markets, Inc.’s stock price has reached a high of $69.00 and a low of $62.50.

Over the last year, Weis Markets, Inc. has hit prices as high as $71.42 and as low as $58.75. Year to date, Weis Markets, Inc.’s stock is down 16.26%.

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What Caused Weis Markets, Inc. Stock’s Price to Rise?

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 May 13, 2024, there were analysts who downgraded Weis Markets, Inc.’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate Weis Markets, 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 Weis Markets, Inc.’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Weis Markets, Inc.’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be 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 Weis Markets, Inc. (WMK) by visiting AAII Stock Evaluator.

Relative Price Strength of Weis Markets, 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 May 13, 2024, Weis Markets, Inc. has a weighted four-quarter relative price strength of -4.53%, which translates to a Momentum Score of 46 and is considered to be Average.

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Weis Markets, Inc. Stock Price: Bottom Line

As of May 14, 2024, Weis Markets, Inc.’s stock price is $68.91, which is up 4.95% 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 Weis Markets, 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.