Daily Stock Analysis: Weyco Group (WEYS)

TM editors' note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.


Today we look at a small-cap footwear and accessories company named Weyco Group Inc. Its trading ticker symbol is WEYS

Weyco Group Inc is a US-based company, that designs and markets footwear for men, women, and children. 

The company organizes its business into two segments; the North American wholesale and the North American retail segments. It markets its apparel, accessories, and footwear under the brand names of Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters, and Umi. 

Photo by Alexander Kovacs on Unsplash

The company has operational footprints in the United States, Canada, Europe, Asia, and Australia among others. It generates a majority of its revenue from the United States.

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.

Three key data points gauge dividend equities or funds like Weyco Group Inc (WEYS):

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money. 

WEYS Price

Weyco's price per share closed at $18.69 Friday. A year ago its price was $23.50. Price per share fell $4.81 or about 20% this past year. 

If Weyco's stock trades in the range of $15 to $25 this next year, its recent $18.69 price might rise by $3.31 to reach $22.00 by February 16, 2022. That's a little below the analyst expectation for 2022.

WEYS Dividends

Weyco Group Inc's most recently declared quarterly dividend was $0.24 paid December 31st. Dividends are estimated to total $0.96 per share annually and yield 5.14% at yesterday's $18.69 closing price. 

Over the next year, a $1000 investment would generate $51.40 in cash per share. And a single share bought at Friday's closing price was under $19.00!

KBAL Gains?

Adding the $0.96 annual WEYS anticipated dividend to my $3.31 price upside shows a $4.27 potential gross gain, per share, to be reduced by any costs to trade the shares.  

Put little over $1,000.00 today in Weyco Group Inc at $18.69 per share and we'd buy 54 shares of WEYS stock.

A $10 broker fee (if charged) paid half at purchase and half at sale might cost us about $0.19 per share.

Subtract that maybe $0.19 brokerage cost from my estimated$4.27 gross gain per share results in a net gain of $4.08 X 54 shares = $220.32 for a22% net gain on a $1,009.26 investment.

Weyco Group Inc (WEYS) shows a possible 22% net gain including a 5.14% dividend yield. It could be more, it could be less. 

All of the estimates above are speculation based on the past history of Weyco Group Inc (WEYS). Only time and money invested in this stock will determine its worth.

Disclaimer:  This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...

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