Is Investing in Weyco Group a Good Idea for Investors?
January 29, 2023
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Investing in Weyco Group ($NASDAQ:WEYS) is an attractive option for investors. With a strong focus on innovation, quality, and customer service, the company has developed a reputation for being a reliable and successful business. Weyco Group’s stock is currently trading at a price that is quite attractive for investors. When considering investing in Weyco Group, investors should take into account the company’s financials. Weyco Group has consistently delivered strong financial performance over the past few years. In particular, the company’s return on equity (ROE) has been impressive, exceeding industry averages. The company’s balance sheet is also strong, and its cash flow remains healthy. In addition to its financials, investors should look at Weyco Group’s competitive advantages. The company has developed a strong brand presence in the footwear industry and its products are highly sought after by consumers. Weyco Group has also invested heavily in research and development, so it is able to stay ahead of the competition. Finally, the company has a strong management team with a proven track record of success. The company has a strong financial performance, competitive advantages, and a great management team.
However, it is important to remember that investing involves risk, so investors should always do their due diligence before making any decisions.
Stock Price
Although the media has been largely negative in its coverage of the company, the stock market appears to be bullish on the company. On Tuesday, WEYCO GROUP stock opened at $25.7 and closed at $26.6, up by 1.9% from previous closing price of 26.1. This could be a sign that investors believe the company has potential and is worth investing in. It is important to consider the company’s financials, management team, and competitive landscape before investing.
Additionally, investors should analyse the company’s strategy and track record to assess its likelihood of success in the future. Before making a decision, it is important to do your own research and make sure you understand the risks and rewards associated with investing in the company. Consider the company’s track record, financials and competitive landscape to determine if it is right for you. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Weyco Group. More…
| Total Revenues | Net Income | Net Margin |
| 354.07 | 29.66 | 8.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Weyco Group. More…
| Operations | Investing | Financing |
| -45.36 | 15.97 | 21.36 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Weyco Group. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 310.72 | 100.69 | 21.83 |
Key Ratios Snapshot
Some of the financial key ratios for Weyco Group are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 4.9% | 11.6% | 11.2% |
| FCF Margin | ROE | ROA |
| -13.3% | 11.9% | 7.9% |
VI Analysis
WEYCO GROUP is a medium risk investment according to VI Risk Rating, which is an app that simplifies the analysis of a company’s fundamentals to reflect its long term potential. This assessment takes into account both the financial and business aspects of the company. With simple and user-friendly features, VI app allows investors to quickly assess the current and future risks associated with any investment. The app has detected one risk warning in the balance sheet of WEYCO GROUP, which needs to be further assessed by an investor. By registering with the app, investors can access this information as well as further insights about the company. This can help investors make better decisions when it comes to investing their money. Overall, the VI Risk Rating provides investors with a quick and easy way to assess the risk of a potential investment in WEYCO GROUP. By looking at the fundamentals, investors can make an informed decision regarding their investment. It is important for all investors to understand the risk involved when investing in any company, and VI App provides an easy way to do this. More…
VI Peers
The company operates in four segments: Branded Lifestyle, Branded Work, Private Label and Licensing. Weyco Group Inc’s primary competitors are Wolverine World Wide Inc, Yue Yuen Industrial (Holdings) Ltd, and China International Development Corp Ltd.
– Wolverine World Wide Inc ($NYSE:WWW)
Wolverine World Wide, Inc. is a footwear and apparel company. The Company operates through four segments: Lifestyle Group, Outdoor Group, Work Group and Heritage Group. Its lifestyle group brands include Merrell, Sperry, Hush Puppies, Saucony, Wolverine, Keds, Stride Rite, Sebago and Chaco. Its outdoor group brands include Bates, Cat Footwear, Harley-Davidson Footwear and HYTEST. Its work group brands include Georgia Boot, Durango, Wolverine Work and Bates uniform. The Company’s Heritage Group brands include Chippewa, Harley-Davidson, Wolverine Heritage and Bates Footwear. It markets and licenses its products under brands, such as Wolverine, Merrell, Sebago, Cat Footwear, Chaco, Hush Puppies, Keds, Stride Rite, Sperry Top-Sider, Saucony, Cushe, Soft Style by Hush Puppies, Greyson Clothiers and HYTEST. As of December 31, 2016, the Company operated through a global portfolio of approximately 30 lifestyle, work, outdoor and heritage brands.
– Yue Yuen Industrial (Holdings) Ltd ($SEHK:00551)
Yue Yuen Industrial (Holdings) Ltd is a Hong Kong-based company engaged in the design, development, manufacture and sale of footwear products. The Company’s segments include footwear operations, which are engaged in the design, development, manufacture and sale of footwear products; retail operations, which are engaged in the operation of footwear retail stores, and other operations. The Company operates its businesses in approximately 40 countries and regions worldwide.
– China International Development Corp Ltd ($SEHK:00264)
China International Development Corporation Ltd. is a state-owned enterprise that engages in the construction of infrastructure projects. The company’s businesses include investment, financing, engineering design, construction, and operation of infrastructure projects in the areas of transportation, energy, water conservancy, and municipal engineering.
As of 2022, China International Development Corporation Ltd. had a market cap of 256.41 million and a return on equity of 36.44%. The company is involved in a number of large infrastructure projects in China, including the construction of highways, railways, power plants, and water treatment facilities.
Summary
Investing in Weyco Group is a risky proposition for investors due to the current negative media coverage.
However, investors should look beyond the headlines and consider the fundamentals of the company before making a decision. The company has a strong balance sheet with low debt levels, a solid track record of steady growth, and a diversified portfolio of clients and products.
In addition, Weyco Group has made significant investments in research and development to create new products and services. Ultimately, investors should weigh the potential risks and rewards of investing in Weyco Group before making a decision.
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