Weyco Group Stock Beta

WEYS Stock

USD 35.46 0.07 0.20%

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.

Other Current Liab Total Assets

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Weyco Group Company Beta Analysis

Weyco's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current Weyco Beta

0.66

Most of Weyco's fundamental indicators, such as Beta, 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 Beta 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 Beta. 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.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Net Receivables	Total Liab	Total Current Assets	Accounts Payable	Short Term Debt	Short Term Investments	Common Stock	Property Plant Equipment	Current Deferred Revenue	Good Will	Intangible Assets	Net Tangible Assets	Capital Surpluse	Long Term Investments	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.67	0.07	0.97	0.8	0.78	0.67	0.23	0.19	-0.11	0.82	0.71	-0.82	0.41	0.95	0.57	0.52	-0.5	0.24	0.38	0.35	-0.02
Total Stockholder Equity	0.67		-0.49	0.71	0.45	0.33	0.96	0.02	-0.19	-0.51	0.7	0.6	-0.53	0.66	0.67	0.79	0.69	-0.82	0.58	0.63	0.57	-0.68
Net Debt	0.07	-0.49		-0.12	0.35	0.57	-0.38	0.43	0.75	0.62	0.04	0.09	-0.21	-0.59	0.05	-0.56	-0.5	0.55	-0.48	-0.48	-0.63	0.69
Retained Earnings	0.97	0.71	-0.12		0.73	0.64	0.68	0.13	0.03	-0.2	0.8	0.7	-0.77	0.48	0.93	0.65	0.54	-0.53	0.24	0.45	0.48	-0.09
Net Receivables	0.8	0.45	0.35	0.73		0.73	0.46	0.58	0.21	0.29	0.79	0.72	-0.82	0.03	0.82	0.28	0.24	-0.3	-0.11	-0.01	-0.09	0.24
Total Liab	0.78	0.33	0.57	0.64	0.73		0.42	0.4	0.69	0.2	0.71	0.65	-0.75	0.07	0.77	0.07	0.05	-0.06	0.07	0.07	-0.02	0.18
Total Current Assets	0.67	0.96	-0.38	0.68	0.46	0.42		0.1	-0.01	-0.52	0.63	0.52	-0.46	0.7	0.62	0.79	0.66	-0.8	0.66	0.71	0.61	-0.68
Accounts Payable	0.23	0.02	0.43	0.13	0.58	0.4	0.1		0.17	0.44	0.23	0.14	-0.2	0.01	0.27	-0.06	-0.03	-0.03	0.01	-0.13	-0.23	0.18
Short Term Debt	0.19	-0.19	0.75	0.03	0.21	0.69	-0.01	0.17		0.25	0.17	0.2	-0.17	-0.18	0.14	-0.36	-0.46	0.46	-0.12	-0.06	-0.15	0.25
Short Term Investments	-0.11	-0.51	0.62	-0.2	0.29	0.2	-0.52	0.44	0.25		0.0	0.16	-0.12	-0.53	0.0	-0.62	-0.53	0.51	-0.58	-0.7	-0.63	0.63
Common Stock	0.82	0.7	0.04	0.8	0.79	0.71	0.63	0.23	0.17	0.0		0.93	-0.94	0.18	0.93	0.29	0.21	-0.33	0.07	0.09	0.1	-0.09
Property Plant Equipment	0.71	0.6	0.09	0.7	0.72	0.65	0.52	0.14	0.2	0.16	0.93		-0.88	0.09	0.83	0.19	0.09	-0.24	-0.05	0.0	0.03	-0.06
Current Deferred Revenue	-0.82	-0.53	-0.21	-0.77	-0.82	-0.75	-0.46	-0.2	-0.17	-0.12	-0.94	-0.88		0.05	-0.92	-0.19	-0.22	0.27	0.06	0.1	0.12	-0.17
Good Will	0.41	0.66	-0.59	0.48	0.03	0.07	0.7	0.01	-0.18	-0.53	0.18	0.09	0.05		0.31	0.8	0.66	-0.64	0.74	0.89	0.91	-0.76
Intangible Assets	0.95	0.67	0.05	0.93	0.82	0.77	0.62	0.27	0.14	0.0	0.93	0.83	-0.92	0.31		0.42	0.4	-0.43	0.17	0.19	0.22	0.0
Net Tangible Assets	0.57	0.79	-0.56	0.65	0.28	0.07	0.79	-0.06	-0.36	-0.62	0.29	0.19	-0.19	0.8	0.42		0.88	-0.87	0.58	0.85	0.77	-0.59
Capital Surpluse	0.52	0.69	-0.5	0.54	0.24	0.05	0.66	-0.03	-0.46	-0.53	0.21	0.09	-0.22	0.66	0.4	0.88		-0.93	0.64	0.62	0.51	-0.46
Long Term Investments	-0.5	-0.82	0.55	-0.53	-0.3	-0.06	-0.8	-0.03	0.46	0.51	-0.33	-0.24	0.27	-0.64	-0.43	-0.87	-0.93		-0.71	-0.6	-0.5	0.58
Short Long Term Debt	0.24	0.58	-0.48	0.24	-0.11	0.07	0.66	0.01	-0.12	-0.58	0.07	-0.05	0.06	0.74	0.17	0.58	0.64	-0.71		0.61	0.59	-0.71
Net Invested Capital	0.38	0.63	-0.48	0.45	-0.01	0.07	0.71	-0.13	-0.06	-0.7	0.09	0.0	0.1	0.89	0.19	0.85	0.62	-0.6	0.61		0.92	-0.71
Net Working Capital	0.35	0.57	-0.63	0.48	-0.09	-0.02	0.61	-0.23	-0.15	-0.63	0.1	0.03	0.12	0.91	0.22	0.77	0.51	-0.5	0.59	0.92		-0.67
Capital Stock	-0.02	-0.68	0.69	-0.09	0.24	0.18	-0.68	0.18	0.25	0.63	-0.09	-0.06	-0.17	-0.76	0.0	-0.59	-0.46	0.58	-0.71	-0.71	-0.67

Click cells to compare fundamentals

In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict Weyco

In accordance with the recently published financial statements, Weyco Group has a Beta of 0.662. This is 21.19% lower than that of the Distributors sector and 8.06% lower than that of the Consumer Discretionary industry. The beta for all United States stocks is notably lower than that of the firm.

Weyco Beta 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 Beta 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 beta category among its peers.

Weyco ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Weyco's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Weyco's managers, analysts, and investors.

Environmental

Governance

Social

Weyco Institutional Holders

Institutional Holdings refers to the ownership stake in Weyco that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Weyco's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Weyco's value.

		Shares
Annex Advisory Services, Llc	2024-12-31	34.4 K
Renaissance Technologies Corp	2024-12-31	28.4 K
Segall Bryant & Hamill	2024-12-31	27.2 K
Morgan Stanley - Brokerage Accounts	2024-12-31	24.7 K
O'shaughnessy Asset Management Llc	2024-09-30	24.3 K
Jpmorgan Chase & Co	2024-09-30	23.8 K
Janney Montgomery Scott Llc	2024-12-31	23.3 K
Royal Bank Of Canada	2024-12-31	18.8 K
Goldman Sachs Group Inc	2024-12-31	18.6 K
Dimensional Fund Advisors, Inc.	2024-12-31	576.7 K
Blackrock Inc	2024-12-31	429.9 K

As returns on the market increase, Weyco's returns are expected to increase less than the market. However, during the bear market, the loss of holding Weyco is expected to be smaller as well.

Weyco Fundamentals

	Return On Equity	0.12
	Return On Asset	0.0755
	Profit Margin	0.1 %
	Operating Margin	0.13 %
	Current Valuation	276.12 M
	Shares Outstanding	9.56 M
	Shares Owned By Insiders	37.17 %
	Shares Owned By Institutions	26.75 %
	Number Of Shares Shorted	43.78 K
	Price To Earning	8.38 X
	Price To Book	1.32 X
	Price To Sales	1.17 X
	Revenue	318.05 M
	Gross Profit	133.56 M
	EBITDA	44.17 M
	Net Income	30.19 M
	Cash And Equivalents	8.43 M
	Cash Per Share	0.89 X
	Total Debt	13.51 M
	Debt To Equity	0.08 %
	Current Ratio	6.28 X
	Book Value Per Share	27.27 X
	Cash Flow From Operations	98.63 M
	Short Ratio	3.97 X
	Earnings Per Share	3.02 X
	Target Price	26.0
	Number Of Employees	397
	Beta	0.66
	Market Capitalization	338.97 M
	Total Asset	309.34 M
	Retained Earnings	180.65 M
	Working Capital	160.49 M
	Current Asset	179.48 M
	Current Liabilities	61.19 M
	Annual Yield	0.03 %
	Five Year Return	3.91 %
	Net Asset	309.34 M
	Last Dividend Paid	1.03

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.

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Additional 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.

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