Weis Markets Stock Price on November 6, 2024

WMK Stock  USD 68.11  1.08  1.56%   
Below is the normalized historical share price chart for Weis Markets extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Weis Markets stands at 68.11, as last reported on the 28th of December, with the highest price reaching 69.37 and the lowest price hitting 67.96 during the day.
IPO Date
5th of January 1988
200 Day MA
66.7244
50 Day MA
69.5456
Beta
0.468
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Weis Stock, it is important to understand the factors that can impact its price. As of now, Weis Stock is very steady. Weis Markets shows Sharpe Ratio of 0.0029, which attests that the company had a 0.0029% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Weis Markets, which you can use to evaluate the volatility of the company. Please check out Weis Markets' Market Risk Adjusted Performance of 0.0449, mean deviation of 1.28, and Downside Deviation of 1.59 to validate if the risk estimate we provide is consistent with the expected return of 0.0055%.
  
Common Stock Shares Outstanding is expected to rise to about 27.2 M this year, although the value of Total Stockholder Equity will most likely fall to about 854.4 M. . At this time, Weis Markets' Price Sales Ratio is quite stable compared to the past year. Weis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0029

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Estimated Market Risk

 1.9
  actual daily
16
84% of assets are more volatile

Expected Return

 0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Weis Markets is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Weis Markets by adding Weis Markets to a well-diversified portfolio.
Price Book
1.3081
Enterprise Value Ebitda
7.08
Price Sales
0.391
Shares Float
16.3 M
Dividend Share
1.36

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Weis Markets Valuation on November 6, 2024

It is possible to determine the worth of Weis Markets on a given historical date. On November 6, 2024 Weis was worth 69.46 at the beginning of the trading date compared to the closed value of 72.13. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Weis Markets stock. Still, in general, we apply an absolute valuation method to find Weis Markets' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Weis Markets where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Weis Markets' related companies.
 Open High Low Close Volume
  63.97    66.32    63.97    66.16    84,106  
11/06/2024
  69.46    73.22    67.69    72.13    140,323  
  71.84    75.02    71.48    74.82    153,393  
Backtest Weis Markets  |  Weis Markets History  |  Weis Markets Valuation   PreviousNext  
Open Value
69.46
72.13
Closing Value
75.15
Upside

Weis Markets Trading Date Momentum on November 6, 2024

On November 07 2024 Weis Markets was traded for  74.82  at the closing time. Highest Weis Markets's price during the trading hours was 75.02  and the lowest price during the day was  71.48 . The net volume was 153.4 K. The overall trading history on the 7th of November contributed to the next trading period price upswing. The trading price change to the next next day price was 3.73% . The trading price change to current price is 0.04% .

Weis Markets Fundamentals Correlations and Trends

By evaluating Weis Markets' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Weis Markets' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Weis financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Weis Markets Stock history

Weis Markets investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Weis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Weis Markets will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Weis Markets stock prices may prove useful in developing a viable investing in Weis Markets
Last ReportedProjected for Next Year
Common Stock Shares Outstanding24.2 M27.2 M
Net Income Applicable To Common Shares144 M79.2 M

Weis Markets Quarterly Net Working Capital

516.71 Million

Weis Markets Stock Technical Analysis

Weis Markets technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Weis Markets technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Weis Markets trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Weis Markets Period Price Range

Low
December 28, 2024
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High

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Weis Markets cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Weis Markets December 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Weis Markets stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Weis Markets shares will generate the highest return on investment. By undertsting and applying Weis Markets stock market strength indicators, traders can identify Weis Markets entry and exit signals to maximize returns

Weis Markets Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Weis Markets' price direction in advance. Along with the technical and fundamental analysis of Weis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Weis to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Weis Markets is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Weis Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Weis Markets Stock. Highlighted below are key reports to facilitate an investment decision about Weis Markets Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weis Markets. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more information on how to buy Weis Stock please use our How to buy in Weis Stock guide.
You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Consumer Staples Distribution & Retail space 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 Weis Markets. If investors know Weis 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 Weis Markets 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
0.116
Dividend Share
1.36
Earnings Share
3.56
Revenue Per Share
176.946
Quarterly Revenue Growth
0.022
The market value of Weis Markets is measured differently than its book value, which is the value of Weis that is recorded on the company's balance sheet. Investors also form their own opinion of Weis Markets' value that differs from its market value or its book value, called intrinsic value, which is Weis Markets' 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 Weis Markets' market value can be influenced by many factors that don't directly affect Weis Markets' 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 Weis Markets' value and its price as these two are different measures arrived at by different means. Investors typically determine if Weis Markets is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Weis Markets' 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.