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Consumer Cyclical - Apparel - Footwear & Accessories - NASDAQ - US
$ 38.89
2.83 %
$ 372 M
Market Cap
12.88
P/E
1. INTRINSIC VALUE

Weyco Group, Inc. designs and distributes footwear for men, women, and children. It operates through two segments, North American Wholesale Operations and North American Retail Operations. The company offers mid-priced leather dress shoes and casual footwear of man-made materials or leather; and outdoor boots, shoes, and sandals under the Florsheim, Nunn Bush, Stacy Adams, BOGS, and Rafters brand names. It is also involved in the wholesale of its products to approximately 10,000 footwear, department, and specialty stores, as well as e-commerce retailers. As of December 31, 2021, the company had four brick and mortar retail stores in the United States. In addition, it has licensing agreements with third parties, who sell its branded apparel, accessories, and specialty footwear.[ Read More ]

The intrinsic value of one WEYS stock under the base case scenario is HIDDEN Compared to the current market price of 38.9 USD, Weyco Group, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart WEYS

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FINANCIALS
318 M REVENUE
-9.58%
41 M OPERATING INCOME
1.63%
30.2 M NET INCOME
2.19%
98.6 M OPERATING CASH FLOW
429.83%
-1.24 M INVESTING CASH FLOW
-16.73%
-45.3 M FINANCING CASH FLOW
-223.68%
74.3 M REVENUE
16.26%
10.2 M OPERATING INCOME
52.57%
8.06 M NET INCOME
43.80%
-374 K OPERATING CASH FLOW
-11.22%
-556 K INVESTING CASH FLOW
-219.54%
-2.51 M FINANCING CASH FLOW
16.56%
Balance Sheet Decomposition Weyco Group, Inc.
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Current Assets 190 M
Cash & Short-Term Investments 69.5 M
Receivables 39.5 M
Other Current Assets 81.1 M
Non-Current Assets 119 M
Long-Term Investments 8.26 M
PP&E 42 M
Other Non-Current Assets 68.9 M
Current Liabilities 29.6 M
Accounts Payable 8.84 M
Short-Term Debt 3.98 M
Other Current Liabilities 16.8 M
Non-Current Liabilities 35.2 M
Long-Term Debt 19.1 M
Other Non-Current Liabilities 16.2 M
EFFICIENCY
Earnings Waterfall Weyco Group, Inc.
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Revenue 318 M
Cost Of Revenue 175 M
Gross Profit 143 M
Operating Expenses 102 M
Operating Income 41 M
Other Expenses 10.8 M
Net Income 30.2 M
RATIOS
44.92% GROSS MARGIN
44.92%
12.90% OPERATING MARGIN
12.90%
9.49% NET MARGIN
9.49%
12.35% ROE
12.35%
9.76% ROA
9.76%
11.93% ROIC
11.93%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Weyco Group, Inc.
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Net Income 30.2 M
Depreciation & Amortization 2.78 M
Capital Expenditures -3.31 M
Stock-Based Compensation 1.35 M
Change in Working Capital 60 M
Others 1.35 M
Free Cash Flow 95.3 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Weyco Group, Inc.
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WEYS has no price targets from Wall Street.
4. DIVIDEND ANALYSIS
0.76% DIVIDEND YIELD
2.26 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Weyco Group, Inc.
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Sold
0-3 MONTHS
372 K USD 5
3-6 MONTHS
48.3 K USD 2
6-9 MONTHS
138 K USD 2
9-12 MONTHS
124 K USD 3
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
5 days ago
Nov 12, 2024
Sell 110 K USD
Anderson Judy
VP/CFO
- 2893
37.98 USD
4 days ago
Nov 13, 2024
Sell 55.3 K USD
Woss Allison
VP - SUPPLY CHAIN
- 1463
37.81 USD
3 days ago
Nov 14, 2024
Sell 13 K USD
Woss Allison
VP - SUPPLY CHAIN
- 348
37.4 USD
6 days ago
Nov 11, 2024
Sell 38.2 K USD
Walton Damian
PRESIDENT-FLORSHEIM AUSTRALIA
- 1000
38.21 USD
2 months ago
Sep 09, 2024
Sell 43.6 K USD
Walton Damian
PRESIDENT-FLORSHEIM AUSTRALIA
- 1340
32.5 USD
2 months ago
Sep 03, 2024
Sell 35.9 K USD
Combs Dustin
VP, PRESIDENT - BOGS & RAFTERS
- 1088
33.02 USD
2 months ago
Sep 04, 2024
Sell 5.66 K USD
Combs Dustin
VP, PRESIDENT - BOGS & RAFTERS
- 173
32.73 USD
2 months ago
Aug 29, 2024
Sell 3.55 K USD
Combs Dustin
VP, PRESIDENT - BOGS & RAFTERS
- 104
34.09 USD
2 months ago
Aug 27, 2024
Sell 23.1 K USD
Combs Dustin
VP, PRESIDENT - BOGS & RAFTERS
- 677
34.13 USD
2 months ago
Aug 28, 2024
Sell 14.7 K USD
Combs Dustin
VP, PRESIDENT - BOGS & RAFTERS
- 429
34.18 USD
2 months ago
Aug 29, 2024
Sell 4.91 K USD
Combs Dustin
VP, PRESIDENT - BOGS & RAFTERS
- 144
34.09 USD
2 months ago
Aug 21, 2024
Sell 7.16 K USD
Woss Allison
VP - SUPPLY CHAIN
- 212
33.78 USD
3 months ago
Aug 15, 2024
Sell 1.1 K USD
Douglass Jeffrey S
VP, MARKETING
- 32
34.3 USD
2 months ago
Aug 19, 2024
Sell 16.9 K USD
Douglass Jeffrey S
VP, MARKETING
- 500
33.73 USD
5 months ago
Jun 14, 2024
Sell 47.2 K USD
Destinon Katherine
VP, PRESIDENT - NUNN BUSH
- 1600
29.5 USD
7 months ago
Mar 28, 2024
Sell 22.1 K USD
Walton Damian
PRESIDENT-FLORSHEIM AUSTRALIA
- 720
30.75 USD
8 months ago
Mar 13, 2024
Sell 116 K USD
Combs Dustin
VP, PRESIDENT - BOGS & RAFTERS
- 4016
28.81 USD
11 months ago
Nov 22, 2023
Sell 65.8 K USD
Walton Damian
PRESIDENT-FLORSHEIM AUSTRALIA
- 2350
28.01 USD
11 months ago
Dec 06, 2023
Sell 15 K USD
Woss Allison
VP - SUPPLY CHAIN
- 500
30.05 USD
11 months ago
Nov 22, 2023
Sell 10.4 K USD
Woss Allison
VP - SUPPLY CHAIN
- 365
28.63 USD
11 months ago
Nov 21, 2023
Sell 32.8 K USD
Anderson Judy
VP/CFO
- 1170
28 USD
1 year ago
Sep 12, 2023
Sell 18.4 K USD
Combs Dustin
VP, PRESIDENT - BOGS & RAFTERS
- 680
27.09 USD
1 year ago
Sep 13, 2023
Sell 24.6 K USD
Combs Dustin
VP, PRESIDENT - BOGS & RAFTERS
- 908
27.12 USD
1 year ago
Sep 14, 2023
Sell 8.48 K USD
Combs Dustin
VP, PRESIDENT - BOGS & RAFTERS
- 312
27.18 USD
6 years ago
Mar 09, 2018
Sell 6.58 K USD
Combs Dustin
VP, PRESIDENT - BOGS & RAFTERS
- 200
32.9 USD
2 years ago
May 25, 2022
Sell 93.2 K USD
Douglass Jeffrey S
VP, MARKETING
- 3550
26.25 USD
1 year ago
Dec 14, 2022
Sell 15.7 K USD
Woss Allison
director: VP - SUPPLY CHAIN
- 600
26.2 USD
2 years ago
Jun 14, 2022
Sell 17.8 K USD
Douglass Jeffrey S
director: VP, MARKETING
- 602
29.64 USD
2 years ago
Jun 15, 2022
Sell 28.9 K USD
Combs Dustin
director: VP, PRESIDENT - BOGS & RAFTERS
- 974
29.7 USD
3 years ago
Nov 09, 2021
Sell 21.7 K USD
Combs Dustin
VP, President - BOGS & Rafters
- 950
22.86 USD
3 years ago
Aug 27, 2021
Sell 14 K USD
Combs Dustin
VP, President - BOGS & Rafters
- 602
23.26 USD
3 years ago
Aug 30, 2021
Sell 9.18 K USD
Combs Dustin
VP, President - BOGS & Rafters
- 398
23.07 USD
3 years ago
Aug 12, 2021
Sell 22.7 K USD
Combs Dustin
VP, President - BOGS & Rafters
- 925
24.52 USD
7. News
Weyco: Dividend Rally Was Not Driven By Fundamentals, Stock Now A Hold Weyco Group, Inc.'s Q3 2024 earnings showed a 12% YoY sales decline, but the stock surged 20% due to a $2 one-time dividend and post-election rally. Despite maintaining profitability margins, Weyco's brands like BOGS and Nunn Bush faced significant challenges, while Florsheim showed resilience with a 1% YoY increase. The company's $2 dividend payout won't harm its balance sheet, reflecting management's conservative approach with $80M in cash reserves and no debt. seekingalpha.com - 1 week ago
Weyco Group, Inc. (WEYS) Q3 2024 Earnings Call Transcript Weyco Group, Inc. (NASDAQ:WEYS ) Q3 2024 Earnings Conference Call November 6, 2024 11:00 AM ET Company Participants Judy Anderson - Chief Financial Officer Tom Florsheim - Chairman and Chief Executive Officer John Florsheim - President and Chief Operating Officer Conference Call Participants David Wright - Henry Investment Trust John Deysher - Pinnacle Operator Good day, and thank you for standing by. Welcome to Weyco Group, Incorporated Third Quarter 2024 Earnings Release Conference Call. seekingalpha.com - 1 week ago
Weyco's Q3 Earnings Fall Y/Y, Suffer From Reduced Consumer Demand WEYS' Q3 earnings declines 14% year over year, as unseasonably warm weather and reduced consumer demand impacted sales, with cost controls offering limited relief. zacks.com - 1 week ago
Weyco Group, Inc. Declares Special Cash Dividend MILWAUKEE, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Weyco Group, Inc. (NASDAQ: WEYS) (the “Company”) announced that today its Board of Directors declared a special one-time cash dividend of $2.00 per share, for a total of approximately $19.0 million based on the number of shares currently outstanding. The dividend will be paid on January 2, 2025, to shareholders of record at the close of business on November 18, 2024. globenewswire.com - 1 week ago
Weyco Reports Third Quarter 2024 Sales and Earnings; Declares Special Cash Dividend of $2.00 Per Share MILWAUKEE, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Weyco Group, Inc. (NASDAQ: WEYS) (“we,” “our,” “us” and the “Company”) today announced financial results for the quarter ended September 30, 2024. globenewswire.com - 1 week ago
WEYCO Group, Inc. Third Quarter 2024 Earnings Conference Call Milwaukee, WI, Oct. 11, 2024 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ: WEYS), a global marketer of footwear, plans to announce third quarter 2024 financial results after the close on Tuesday, November 5, 2024.  Additionally, Thomas W. Florsheim, Jr., Chairman and CEO, will host a conference call on Wednesday, November 6, 2024, at 11:00 a.m. Eastern Time to discuss the financial results in more detail. globenewswire.com - 1 month ago
Weyco: New Athleisure Styles, Connection With Retailers, And Cheap Weyco Group's new hybrid and athleisure styles are driving significant online revenue growth, positioning the company for future net sales increases. The company's strong relationships with retailers and licensing agreements in various markets provide a stable revenue base and growth opportunities. Weyco's extensive industry experience and in-house design capabilities are expected to accelerate future net revenue growth through successful new product introductions. seekingalpha.com - 1 month ago
Weyco's Q2 2024 Shows Sequential Improvement. The Stock Is Attractive Into H2 2024 Weyco Group's 2Q24 results show improved wholesale trends, with sales down 5% YoY but better than previous quarters' declines. Key brands Florsheim and Nunn Bush posted positive growth, while Stacy Adams and BOGS showed sequential improvements despite challenges. Lower product costs and stable prices have maintained gross margins, supporting profitability even with lower sales. seekingalpha.com - 2 months ago
Weyco's (WEYS) Q2 Earnings Rise Y/Y Despite a Dip in Sales Weyco (WEYS) reports EPS of 59 cents for the second-quarter 2024, with net sales declining 5%. Strong gross earnings and cost management drive net earnings up 15% despite mixed segment performance. zacks.com - 3 months ago
WEYCO Group, Inc. Second Quarter 2024 Earnings Conference Call Milwaukee, WI, July 09, 2024 (GLOBE NEWSWIRE) -- WEYCO Group, Inc. (NASDAQ: WEYS), a global marketer of footwear, plans to announce second quarter 2024 financial results after the close on Tuesday, August 6, 2024.  Additionally, Thomas W. Florsheim, Jr., Chairman and CEO, will host a conference call on Wednesday, August 7, 2024, at 11:00 a.m. Eastern Time to discuss the financial results in more detail. globenewswire.com - 4 months ago
Weyco Group Could Benefit From A Retailer Restocking; Market Is Overly Pessimistic, But Stock Is A Buy Weyco Group is a shoe designer and wholesaler with six brands focused on men's leather dress and casual shoes, as well as winter and outdoor boots. Despite challenging fashion trends for much of the past decade, WEYS has maintained gross and operating margins, positioning itself competitively in the market. The company's current valuation implies a return to pre-pandemic profitability, but its higher profits and potential for retailers to restock inventory suggest a possible upward repricing, making it a Buy at current prices. seekingalpha.com - 4 months ago
Zacks Initiates Coverage of Weyco With Neutral Recommendation Find out why Zacks gives Weyco a "Neutral" rating, being the first on Wall Street to initiate coverage on the stock. Uncover Weyco's strong market position, financial stability, and innovative footwear offerings while also considering challenges such as declining sales and market saturation. zacks.com - 5 months ago
8. Profile Summary

Weyco Group, Inc. WEYS

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COUNTRY US
INDUSTRY Apparel - Footwear & Accessories
MARKET CAP $ 372 M
Dividend Yield 0.76%
Description Weyco Group, Inc. designs and distributes footwear for men, women, and children. It operates through two segments, North American Wholesale Operations and North American Retail Operations. The company offers mid-priced leather dress shoes and casual footwear of man-made materials or leather; and outdoor boots, shoes, and sandals under the Florsheim, Nunn Bush, Stacy Adams, BOGS, and Rafters brand names. It is also involved in the wholesale of its products to approximately 10,000 footwear, department, and specialty stores, as well as e-commerce retailers. As of December 31, 2021, the company had four brick and mortar retail stores in the United States. In addition, it has licensing agreements with third parties, who sell its branded apparel, accessories, and specialty footwear. It serves in the United States, Canada, Europe, Australia, Asia, and South Africa. The company was formerly known as Weyenberg Shoe Manufacturing Company and changed its name to Weyco Group, Inc. in April 1990. Weyco Group, Inc. was incorporated in 1906 and is based in Milwaukee, Wisconsin.
Contact 333 West Estabrook Boulevard, Milwaukee, WI, 53201 https://www.weycogroup.com
IPO Date March 17, 1980
Employees 397
Officers Mr. Robert D. Hanley Director of Finance & Principal Accounting Officer Mr. Kevin S. Schiff Vice President & President of Florsheim Brand Ms. Kate Destinon Vice President & President of Nunn Bush Brand DeAnna Osteen Vice President of Human Resources Mr. Joshua Wisenthal Vice President & President of Weyco Canada Mr. Jeff Douglass Vice President of Marketing Mr. Thomas W. Florsheim Jr. Chairman & Chief Executive Officer Mr. Brian Flannery Vice President & President of Stacy Adams Brand Mr. Dustin Combs Vice President and President of BOGS & Rafters Brands Mr. John W. Florsheim President, Chief Operating Officer, Assistant Secretary & Director