Weyco Group Stock Price To Sales

WEYS Stock  USD 29.35  0.09  0.31%   
Weyco Group fundamentals help investors to digest information that contributes to Weyco's financial success or failures. It also enables traders to predict the movement of Weyco Stock. The fundamental analysis module provides a way to measure Weyco's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Weyco stock.
Last ReportedProjected for Next Year
Price To Sales Ratio 0.93  0.68 
Price To Sales Ratio is likely to drop to 0.68 in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Weyco Group Company Price To Sales Analysis

Weyco's Price to Sales ratio is typically used for valuing equity relative to its own past performance as well as to performance of other companies or market indexes. In most cases, the lower the ratio, the better it is for investors. However, it is advisable for investors to exercise caution when looking at price-to-sales ratios across different industries.

P/S

 = 

MV Per Share

Revenue Per Share

More About Price To Sales | All Equity Analysis

Current Weyco Price To Sales

    
  0.87 X  
Most of Weyco's fundamental indicators, such as Price To Sales, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Weyco Group is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Weyco Price To Sales Driver Correlations

Understanding the fundamental principles of building solid financial models for Weyco is extremely important. It helps to project a fair market value of Weyco Stock properly, considering its historical fundamentals such as Price To Sales. Since Weyco's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Weyco's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Weyco's interrelated accounts and indicators.
0.950.270.970.860.830.940.320.270.020.820.76-0.890.260.950.460.44-0.450.150.210.150.18
0.950.020.970.790.630.940.230.0-0.110.740.7-0.830.380.890.650.64-0.620.220.280.250.12
0.270.020.110.390.660.160.40.80.530.150.06-0.21-0.520.21-0.48-0.440.48-0.39-0.22-0.460.54
0.970.970.110.830.710.920.260.12-0.030.830.8-0.890.310.940.540.46-0.480.110.210.220.17
0.860.790.390.830.730.790.590.210.310.80.68-0.81-0.050.860.250.23-0.32-0.120.01-0.120.27
0.830.630.660.710.730.720.410.710.220.720.63-0.740.010.80.030.03-0.060.060.08-0.050.22
0.940.940.160.920.790.720.310.21-0.140.650.6-0.720.430.820.650.6-0.60.320.420.340.09
0.320.230.40.260.590.410.310.150.410.270.09-0.19-0.010.34-0.040.0-0.090.060.0-0.130.1
0.270.00.80.120.210.710.210.150.20.20.18-0.17-0.160.2-0.34-0.440.44-0.090.07-0.040.21
0.02-0.110.53-0.030.310.22-0.140.410.20.070.12-0.11-0.50.12-0.58-0.480.46-0.54-0.65-0.570.55
0.820.740.150.830.80.720.650.270.20.070.92-0.950.020.930.180.15-0.30.01-0.04-0.05-0.01
0.760.70.060.80.680.630.60.090.180.120.92-0.880.120.850.240.12-0.29-0.01-0.010.07-0.03
-0.89-0.83-0.21-0.89-0.81-0.74-0.72-0.19-0.17-0.11-0.95-0.880.04-0.96-0.21-0.230.30.050.120.15-0.19
0.260.38-0.520.31-0.050.010.43-0.01-0.16-0.50.020.120.040.140.790.64-0.610.730.760.93-0.53
0.950.890.210.940.860.80.820.340.20.120.930.85-0.960.140.30.32-0.380.080.010.00.15
0.460.65-0.480.540.250.030.65-0.04-0.34-0.580.180.24-0.210.790.30.87-0.850.550.770.74-0.39
0.440.64-0.440.460.230.030.60.0-0.44-0.480.150.12-0.230.640.320.87-0.920.620.560.45-0.34
-0.45-0.620.48-0.48-0.32-0.06-0.6-0.090.440.46-0.3-0.290.3-0.61-0.38-0.85-0.92-0.68-0.57-0.460.51
0.150.22-0.390.11-0.120.060.320.06-0.09-0.540.01-0.010.050.730.080.550.62-0.680.560.58-0.65
0.210.28-0.220.210.010.080.420.00.07-0.65-0.04-0.010.120.760.010.770.56-0.570.560.85-0.6
0.150.25-0.460.22-0.12-0.050.34-0.13-0.04-0.57-0.050.070.150.930.00.740.45-0.460.580.85-0.54
0.180.120.540.170.270.220.090.10.210.55-0.01-0.03-0.19-0.530.15-0.39-0.340.51-0.65-0.6-0.54
Click cells to compare fundamentals

Weyco Price To Sales Historical Pattern

Today, most investors in Weyco Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Weyco's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to sales growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Weyco price to sales as a starting point in their analysis.
   Weyco Price To Sales   
       Timeline  
The most critical factor to remember is that the price of equity takes a firm's debt into account, whereas the sales indicators do not consider financial leverage. Generally speaking, Price to Sales ratio shows how much market values every dollar of the company's sales.
Competition

Weyco Price To Sales Ratio

Price To Sales Ratio

0.68

At this time, Weyco's Price To Sales Ratio is comparatively stable compared to the past year.
Based on the latest financial disclosure, Weyco Group has a Price To Sales of 0.8696 times. This is 98.63% lower than that of the Distributors sector and 86.98% lower than that of the Consumer Discretionary industry. The price to sales for all United States stocks is 92.39% higher than that of the company.

Weyco Price To Sales Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Weyco's direct or indirect competition against its Price To Sales to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Weyco could also be used in its relative valuation, which is a method of valuing Weyco by comparing valuation metrics of similar companies.
Weyco is currently under evaluation in price to sales category among related companies.

Weyco Fundamentals

About Weyco Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Weyco Group's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Weyco using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Weyco Group based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Weyco in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Weyco's short interest history, or implied volatility extrapolated from Weyco options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Weyco Group is a strong investment it is important to analyze Weyco's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Weyco's future performance. For an informed investment choice regarding Weyco Stock, refer to the following important reports:
Check out Weyco Piotroski F Score and Weyco Altman Z Score analysis.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

Complementary Tools for Weyco Stock analysis

When running Weyco's price analysis, check to measure Weyco's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Weyco is operating at the current time. Most of Weyco's value examination focuses on studying past and present price action to predict the probability of Weyco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weyco's price. Additionally, you may evaluate how the addition of Weyco to your portfolios can decrease your overall portfolio volatility.
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Stocks Directory
Find actively traded stocks across global markets
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Fundamental Analysis
View fundamental data based on most recent published financial statements
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Is Weyco's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Weyco. If investors know Weyco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Weyco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.15)
Dividend Share
1
Earnings Share
3.17
Revenue Per Share
33.659
Quarterly Revenue Growth
(0.19)
The market value of Weyco Group is measured differently than its book value, which is the value of Weyco that is recorded on the company's balance sheet. Investors also form their own opinion of Weyco's value that differs from its market value or its book value, called intrinsic value, which is Weyco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Weyco's market value can be influenced by many factors that don't directly affect Weyco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Weyco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Weyco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Weyco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.