Weyco Group (WEYS) AI Stock Analysis

• Market Cap: $286.18M
• Dividend Yield: 10.17%
• Average Volume (3M): 11.52K
• Price to Earnings (P/E): 11.2
• Beta (1Y): 1.01
• Revenue Growth: -6.39%
• EPS Growth: -14.72%
• Country: US
• Employees: 413
• Sector: Consumer Cyclical
• Sector Strength: 72
• Industry: Apparel - Footwear & Accessories
• EPS (TTM): 0.24
• Shares Outstanding: 9,578,689
• 10 Day Avg. Volume: 12,639
• 30 Day Avg. Volume: 11,517
• PEG Ratio: 18.68
• Price to Book (P/B): 1.45
• Price to Sales (P/S): 1.22
• P/FCF Ratio: 9.77
• Enterprise Value/Market Cap: 0.88
• Enterprise Value/Revenue: 0.89
• Enterprise Value/Gross Profit: 1.98
• Enterprise Value/Ebitda: 6.82
• 1Y Price Target: $31.00
• Price Target Upside: 3.33% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 64 Neutral
• Price Target: $31.00 ▲(3.33% Upside)

Weyco Group's overall stock score reflects a mixed outlook. The company's strong financial foundation and attractive valuation are significant positives. However, technical indicators suggest bearish momentum, and the recent earnings call highlighted substantial challenges, including declining sales and earnings, which weigh heavily on the stock's prospects.

Weyco Group Business Overview & Revenue Model

Company Description

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. The company offers mid-priced leather dress shoes and casual footwear of man-made materials or leather; and outdoor boots, shoes, and sandals under the Florsheim, Nunn Bush, Stacy Adams, BOGS, and Rafters brand names. It is also involved in the wholesale of its products to approximately 10,000 footwear, department, and specialty stores, as well as e-commerce retailers. As of December 31, 2021, the company had four brick and mortar retail stores in the United States. In addition, it has licensing agreements with third parties, who sell its branded apparel, accessories, and specialty footwear. It serves in the United States, Canada, Europe, Australia, Asia, and South Africa. 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.

How the Company Makes Money

Weyco Group generates revenue through the sale of its footwear products via multiple distribution channels. The company's primary revenue stream is its wholesale operations, which involve selling footwear to department stores, specialty retailers, and online marketplaces. Additionally, Weyco Group operates its own retail outlets and e-commerce platforms, providing direct-to-consumer sales that contribute to its earnings. Strategic partnerships with retailers and a diversified brand portfolio allow the company to capitalize on various consumer segments. The company's financial performance is also influenced by factors such as seasonal fashion trends, consumer purchasing behavior, and economic conditions affecting discretionary spending.

Weyco Group Financial Statement Overview

Summary

Weyco Group demonstrates solid financial health with strong profitability and a robust balance sheet. Despite declining revenue, the company maintains healthy margins and low leverage, ensuring financial stability. The cash flow position is improving, though there is potential for better cash flow management.

Income Statement

Weyco Group's income statement shows a solid performance with a consistent gross profit margin around 45% and a net profit margin above 10% in the TTM period. However, the revenue growth rate has been negative, indicating a decline in sales. The EBIT and EBITDA margins remain healthy, reflecting operational efficiency despite the revenue drop.

Balance Sheet

The balance sheet is strong with a low debt-to-equity ratio of 0.048, indicating low leverage and financial stability. Return on equity is healthy at 11.6%, showing effective use of equity to generate profits. The equity ratio stands at a robust 82.4%, highlighting a strong capital structure.

Cash Flow

Cash flow analysis reveals a positive free cash flow growth rate of 26.3% in the TTM period, indicating improved cash generation. The operating cash flow to net income ratio is strong at 1.44, suggesting efficient cash conversion. However, the free cash flow to net income ratio is slightly below 1, indicating room for improvement in cash flow management.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	281.05M	290.29M	318.05M	351.74M	267.64M	195.38M
Gross Profit	127.02M	131.53M	142.88M	144.39M	107.45M	78.56M
EBITDA	36.83M	42.53M	44.17M	43.17M	30.15M	-3.84M
Net Income	25.86M	30.32M	30.19M	29.54M	20.55M	-8.48M
Balance Sheet
Total Assets	300.94M	324.09M	309.34M	326.62M	277.67M	256.72M
Cash, Cash Equivalents and Short-Term Investments	78.54M	71.81M	69.53M	18.37M	28.05M	34.69M
Total Debt	7.94M	11.07M	13.51M	45.82M	11.11M	11.98M
Total Liabilities	52.87M	78.50M	64.85M	102.72M	76.27M	68.79M
Stockholders Equity	248.06M	245.59M	244.49M	223.91M	201.40M	187.93M
Cash Flow
Free Cash Flow	32.70M	36.34M	95.32M	-32.25M	5.38M	36.61M
Operating Cash Flow	34.42M	37.73M	98.63M	-29.90M	6.39M	39.98M
Investing Cash Flow	-1.71M	-1.17M	-1.24M	7.43M	-7.00M	3.16M
Financing Cash Flow	-32.72M	-32.22M	-45.34M	20.27M	-11.87M	-20.89M

Weyco Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 30.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For WEYS, the sentiment is Negative. The current price of 30 is below the 20-day moving average (MA) of 30.93, below the 50-day MA of 31.65, and below the 200-day MA of 32.56, indicating a bearish trend. The MACD of -0.80 indicates Positive momentum. The RSI at 43.89 is Neutral, neither overbought nor oversold. The STOCH value of 33.59 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for WEYS.

Weyco Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
RCKY	75 Outperform	$198.43M	10.69	8.05%	2.33%	-0.09%	24.18%
SHOO	71 Outperform	$1.85B	20.01	11.09%	3.30%	7.80%	-48.10%
WWW	69 Neutral	$2.23B	26.51	27.52%	1.46%	-2.83%	―
CAL	67 Neutral	$458.96M	5.67	13.67%	2.06%	-4.84%	-49.08%
WEYS	64 Neutral	$286.18M	11.18	10.36%	10.17%	-6.39%	-14.72%
Sector *	61 Neutral	$16.54B	9.52	-9.03%	3.32%	1.52%	-24.21%
VRA	43 Neutral	$53.91M	―	-36.91%	―	-24.95%	-1959.79%

Weyco Group Corporate Events

Weyco Group Appoints Becky Kryger as Independent Director

On July 31, 2025, Weyco Group, Inc. appointed Ms. Becky Kryger as an independent director on its Board, increasing the number of directors from six to seven. Ms. Kryger, who has extensive experience in financial roles at Clarios and Johnson Controls, will also serve on several key committees, enhancing the board’s expertise and governance.

Weyco Group Holds Annual Shareholders Meeting

On May 6, 2025, Weyco Group held its Annual Meeting of Shareholders. During the meeting, six directors were elected to the Board for terms expiring in 2026. Additionally, shareholders ratified the appointment of Deloitte & Touche, LLP as the independent registered public accounting firm for the year ending December 31, 2025, and approved the compensation of the company’s named executive officers.