Alert: Positive Investment/Fundamental Signals (11/20/23)-Weyco Group Inc (NASDAQ: WEYS)


Weyco Group Inc (NASDAQ: WEYS) has recently enjoyed extremely meaningful positive changes in investment behavior: the stock’s recent price rise disrupted its longer term downtrend, its longer term price trend turned up, and its shorter term price trend turned up.

Recent slight positive changes in fundamentals have benefitted Weyco Group Inc (NASDAQ: WEYS): significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, WEYS is expected to continue to be a Value Builder.

Weyco Group has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Weyco Group has a neutral Appreciation Score of 57 but a good Power Rating of 80, with the Positive Value Trend Rating the result.

Recent Price Action

Weyco Group Inc (NASDAQ: WEYS) stock declined by -1.3% on 11/20/23. The shares closed at $28.24. The stock has been strong relative to the market over the last nine months and has risen 12.9% during the last week.

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