WEYCO Group - Stock

WEYCO Group P/S 2024

WEYCO Group P/S

0.83

WEYCO Group Dividend yield

3.3 %

Ticker

WEYS

ISIN

US9621491003

WKN

857366

As of Jun 11, 2024, WEYCO Group's P/S ratio stood at 0.83, a 9.21% change from the 0.76 P/S ratio recorded in the previous year.

The WEYCO Group P/S history

WEYCO Group Aktienanalyse

What does WEYCO Group do?

The WEYCO Group Inc is an American company based in Milwaukee that has been distributing various high-quality shoe brands since its founding in 1906. The company has specialized in selling footwear since its founding and has always sought to distinguish itself from the market and occupy a niche. The Weyco Group's business is divided into three segments: North America wholesale, North America retail, and international. The North America Wholesale segment focuses on selling shoes to retail stores, department stores, and online retailers. The Retail segment, on the other hand, includes its own retail stores under the Florsheim brand, one of the leading golf shoe manufacturers in the USA. The international segment includes the resale of shoes in the international market, Canada, Europe, and Australia. The Weyco Group has a long tradition in the production of high-quality footwear. The company started with the production of jogging shoes but quickly realized that it would not be successful in this market due to the intense competition. Instead, the company decided to focus on the design and distribution of high-quality business shoes, which proved to be the right step. The company has always been committed to maintaining a high level of quality and has sourced leather from the best possible sources to provide its customers with durability and comfort. It is this strategy that still makes their products so unique today. The shoes of the Weyco Group reflect the personal style and uniqueness of their customers. For example, the group operates an online shop called "Ranger Boot Inc." where they sell elegant and stylish boots. Celebrities like John Wayne or Clint Eastwood have already worn brands from Ranger Boot. Sales have consistently increased thanks to the concept of "less is more," and the company has almost achieved cult status among its customers. Whether elegant, stylish, or sporty, the company offers a wide range of products that impress with their quality and durability. In addition, Weyco Group Inc has also launched licensed shoe lines from well-known brands such as Florsheim, UKGear, or Stacy Adams. Thanks to their solid strategy, consistent product quality, and remarkable marketing strategy, the company has been able to successfully position itself in the market and make a name for its brands. The focus on high-quality footwear has allowed them to appeal to a wide range of customers. The company also places great value on customer service. For example, end customers benefit from free shipping and returns. The success recipe of Weyco Group Inc lies in its ability to accurately assess the needs of customers and the market and respond accordingly. The company has always strived to provide its customers with a unique experience and the highest level of comfort while maintaining the highest quality standards. This has allowed the company to become a leading provider in the American shoe market and continues to enjoy great popularity. WEYCO Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding WEYCO Group's P/S Ratio

WEYCO Group's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing WEYCO Group's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating WEYCO Group's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in WEYCO Group’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about WEYCO Group Stock

What is the price-to-earnings ratio of WEYCO Group?

The price-earnings ratio of WEYCO Group is currently 0.83.

How has the price-earnings ratio of WEYCO Group changed compared to last year?

The price-to-earnings ratio of WEYCO Group has increased by 9.21% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of WEYCO Group high compared to other companies?

Yes, the price-to-earnings ratio of WEYCO Group is high compared to other companies.

How does an increase in the price-earnings ratio of WEYCO Group affect the company?

An increase in the price-earnings ratio of WEYCO Group would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of WEYCO Group affect the company?

A decrease in the price-earnings ratio of WEYCO Group would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of WEYCO Group?

Some factors that influence the price-earnings ratio of WEYCO Group are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does WEYCO Group pay?

Over the past 12 months, WEYCO Group paid a dividend of 0.99 USD . This corresponds to a dividend yield of about 3.3 %. For the coming 12 months, WEYCO Group is expected to pay a dividend of 0.99 USD.

What is the dividend yield of WEYCO Group?

The current dividend yield of WEYCO Group is 3.3 %.

When does WEYCO Group pay dividends?

WEYCO Group pays a quarterly dividend. This is distributed in the months of September, December, April, June.

How secure is the dividend of WEYCO Group?

WEYCO Group paid dividends every year for the past 43 years.

What is the dividend of WEYCO Group?

For the upcoming 12 months, dividends amounting to 0.99 USD are expected. This corresponds to a dividend yield of 3.3 %.

In which sector is WEYCO Group located?

WEYCO Group is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von WEYCO Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of WEYCO Group from 6/28/2024 amounting to 0.26 USD, you needed to have the stock in your portfolio before the ex-date on 5/16/2024.

When did WEYCO Group pay the last dividend?

The last dividend was paid out on 6/28/2024.

What was the dividend of WEYCO Group in the year 2023?

In the year 2023, WEYCO Group distributed 0.96 USD as dividends.

In which currency does WEYCO Group pay out the dividend?

The dividends of WEYCO Group are distributed in USD.

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Andere Kennzahlen von WEYCO Group

Our stock analysis for WEYCO Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of WEYCO Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.