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WEYS
Stock ticker: NASDAQ
AS OF
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Price
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Capitalization
241.35M

WEYS Weyco Group Forecast, Technical & Fundamental Analysis

a company that engages in the designing and marketing of footwear for men, women and children

Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for WEYS with price predictions
08:00 PM EDT Sep 28, 2023

WEYS sees MACD Histogram crosses below signal line

WEYS saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on September 22, 2023. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 56 instances where the indicator turned negative. In of the 56 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 20, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on WEYS as a result. In of 91 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

WEYS moved below its 50-day moving average on September 27, 2023 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where WEYS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

The 10-day moving average for WEYS crossed bullishly above the 50-day moving average on September 06, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 19 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WEYS advanced for three days, in of 299 cases, the price rose further within the following month. The odds of a continued upward trend are .

WEYS may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

The Aroon Indicator entered an Uptrend today. In of 221 cases where WEYS Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.098) is normal, around the industry mean (2.914). P/E Ratio (7.669) is within average values for comparable stocks, (26.963). WEYS's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.697). Dividend Yield (0.037) settles around the average of (0.043) among similar stocks. P/S Ratio (0.730) is also within normal values, averaging (1.639).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. WEYS’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. WEYS’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 83, placing this stock worse than average.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Nike (NYSE:NKE), Skechers USA (NYSE:SKX), VF Corp (NYSE:VFC), Canada Goose Holdings (NYSE:GOOS), G-III Apparel Group Ltd (NASDAQ:GIII), Lakeland Industries (NASDAQ:LAKE).

Industry description

Apparel/footwear might be slightly more ‘cyclical’ in the largely non-cyclical category of non-durables. While digital giants like Amazon have been rapidly expanding their presence, traditional clothing/footwear retailers have also been bulking up their online presence in recent years, to milk the burgeoning trend of online shopping among consumers across the globe. The apparel and footwear retail market was valued at around $ 360 billion in 2018, and this figure was expected to reach about $386 billion by 2020 (according to a Statista report). NIKE, Inc, V.F. Corporation and Under Armour, Inc. are some of the companies with the largest U.S. stock market caps in this segment.

Market Cap

The average market capitalization across the Apparel/Footwear Industry is 5.44B. The market cap for tickers in the group ranges from 1.66K to 146.3B. NKE holds the highest valuation in this group at 146.3B. The lowest valued company is SQBGQ at 1.66K.

High and low price notable news

The average weekly price growth across all stocks in the Apparel/Footwear Industry was -1%. For the same Industry, the average monthly price growth was -5%, and the average quarterly price growth was -6%. SAML experienced the highest price growth at 17%, while JLMC experienced the biggest fall at -41%.

Volume

The average weekly volume growth across all stocks in the Apparel/Footwear Industry was 94%. For the same stocks of the Industry, the average monthly volume growth was 141% and the average quarterly volume growth was 76%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 48
P/E Growth Rating: 62
Price Growth Rating: 60
SMR Rating: 61
Profit Risk Rating: 82
Seasonality Score: -5 (-100 ... +100)
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
published Dividends

WEYS paid dividends on September 29, 2023

Weyco Group WEYS Stock Dividends
А dividend of $0.25 per share was paid with a record date of September 29, 2023, and an ex-dividend date of August 24, 2023. Read more...
A.I. Advisor
published General Information

General Information

a company that engages in the designing and marketing of footwear for men, women and children

Industry ApparelFootwear

Profile
Fundamentals
Details
Industry
Wholesale Distributors
Address
333 West Estabrook Boulevard
Phone
+1 414 908-1600
Employees
643
Web
https://www.weycogroup.com
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WEYS and

Correlation & Price change

A.I.dvisor tells us that WEYS and GIL have been poorly correlated (+30% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that WEYS and GIL's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To WEYS
1D Price
Change %
WEYS100%
+0.39%
GIL - WEYS
30%
Poorly correlated
+0.97%
UA - WEYS
28%
Poorly correlated
+4.59%
SHOO - WEYS
27%
Poorly correlated
+1.02%
UAA - WEYS
26%
Poorly correlated
+4.58%
COLM - WEYS
26%
Poorly correlated
+2.14%
More

Groups containing WEYS

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To WEYS
1D Price
Change %
WEYS100%
+0.39%
wholesale distributor
(undefined stocks)
34%
Loosely correlated
-0.86%
industrial machinery
(undefined stocks)
33%
Poorly correlated
-0.45%
footwear
(undefined stocks)
30%
Poorly correlated
+1.78%
Apparel/Footwear
(undefined stocks)
26%
Poorly correlated
+0.54%