How to Buy Weyco Group Stock
Weyco Group Inc
Weyco Group, Inc. designs and distributes footwear for men, women, and children. It operates through two segments, North American Wholesale Operations and North American Retail Operations.
Weyco Group stock last closed at $24.90, up 1.14% from the previous day, and has increased 4.14% in one year. It has underperformed other stocks in the Footwear & Accessories industry by 0.16 percentage points. Weyco Group stock is currently +25.19% from its 52-week low of $19.89, and -23.27% from its 52-week high of $32.45.
As of Mar 29, 2023, there are 9.55M WEYS shares outstanding. The market capitalization of WEYS is $237.70M. In the past 24 hours, 5192 WEYS shares were traded.
How to Buy Weyco Group Stock
Not sure how to invest in Weyco Group stock? Here's how.
- Figure out where to buy Weyco Group stock: You need to choose an online brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Weyco Group stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Pick your method of payment and add your details.
- Evaluate Weyco Group stock: The Weyco Group ticker symbol is WEYS. Is Weyco Group stock a good investment? Should you buy shares of WEYS? How do WEYS's underlying business fundamentals look? Do top analysts think Weyco Group is a good buy? Why has WEYS's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if WEYS is a good stock to buy).
- Execute your WEYS trade: Decide if you will purchase WEYS shares at the current market price or use a limit order to buy WEYS shares at a particular price.
- Keep tabs on your WEYS investment: Create a watchlist to keep tabs on your investment in Weyco Group shares.
Step 1: Figure out where to buy Weyco Group stock
You need an online brokerage account in order to access the NASDAQ market and buy WEYS stock.
Our favorite brokerage: eToro
We believe that eToro is the best brokerage. eToro gives you:
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Get $10 towards your share purchase by opening an account with eToro today.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected your brokerage, it's time to fill out some personal details so you are able to buy WEYS today.
How to Create a New Account on eToro
- Click here to get started.
- Provide your personal info to open a new brokerage account.
- Submit your data by pressing the "Create Account" button.
Step 3: Deposit funds into your brokerage account
Now that you've opened your account on the best app for stock investing, you need to deposit funds:
Check out the video below to see the process of transferring funds into your investment account.
Step 4: Evaluate Weyco Group stock
Once you have chosen the best place to buy Weyco Group stock, it's very important to research their stock before you invest, so you truly comprehend the risk as well as the upside.
Weyco Group shares quick numbers
Weyco Group Overview
WallStreetZen was created to help average investors perform better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on WEYS's stock page.
How is WEYS stock valued?
You can use many financial metrics, analyses, models, and charts to gauge WEYS's true value.
Using relative valuations methods:
- WEYS may be undervalued based on its P/E ratio of 8.06x, relative to Footwear & Accessories industry P/E ratio of 30.89x
- WEYS may be undervalued based on its P/B ratio of 1.06x, relative to Footwear & Accessories industry P/B ratio of 8.24x
- WEYS could be undervalued based on its PEG ratio of 0.79x
You can do additional valuation analysis on WEYS's stock here.
WEYS Financial Overview
Passed Health Checks:
- WEYS has $18.37M in cash and short term investments. This is enough to cover its annual cash burn of $32.25M.
- There are more short-term assets than long-term liabilities on the WEYS balance sheet.
- There are more short-term assets than short-term liabilities on the WEYS balance sheet.
- WEYS profit margin has gone up from 7.7% to 8.4% in the past year.
Failed Health Checks:
- Total WEYS debt is higher than 5 years ago, relative to shareholder equity.
- WEYS has a relatively high debt to equity ratio of 0.46.
- WEYS has cash burn of 32246000. It does not have enough cash and short-term investments to cover this.
WEYS Technicals
WEYS Growth Metrics
Last year, WEYS earnings were $29.54M. During the past 5 year, WEYS's earnings have increased by 13.93% per year. This was slower than the Footwear & Accessories industry average of 16.4%.
Last year, WEYS revenue was $351.74M. Over the last 5 year, WEYS's revenue has increased by 4.39% per year. This was slower than the Footwear & Accessories industry average of 8.26%.
Dive into WEYS's earnings and revenue performance here.
Who is buying/selling WEYS?
Over the past year, insiders at WEYS have sold more shares than they have bought.
Allison Woss, VP - SUPPLY CHAIN of WEYS, was the latest WEYS insider to sell. They sold $15,720.00 worth of WEYS shares on Dec 14, 2022.
Learn more about who owns WEYS stock here.
Can I get consistent income from WEYS stock?
Weyco Group pays a dividend of 3.86%, compared to the Footwear & Accessories industry's average dividend yield of 2.54%. If you owned $1,000 worth of WEYS stock, you would have been paid $38.55 in the past 12 months.
Weyco Group dividend payments have consistently grown over the past decade and have remained stable.
Dig into more info about Weyco Group dividend yield and history here.
What others are saying about WEYS
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Execute your WEYS trade
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually fine. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount limit, use a limit order.
Press the Open button and your broker will place the order.
If you require more help investing in stocks on eToro, click the how to video below:
Step 6: Keep tabs on your WEYS investment
Now that you own some shares in WEYS, you'll want to keep up with your shares.
Create a watchlist to track the most important metrics related to your WEYS stock.
WEYS Feed
How to Buy Stock in Weyco Group
To summarize, here are the 6 steps to buy stock in Weyco Group:
- Figure out where to buy Weyco Group stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Evaluate Weyco Group stock
- Execute your WEYS trade
- Keep tabs on your WEYS investment
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to keep an eye on your investment in Weyco Group, create your watchlist below.
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