Weyco Group (NASDAQ:WEYS – Get Free Report) issued its quarterly earnings data on Tuesday. The textile maker reported $1.04 earnings per share (EPS) for the quarter, Zacks reports. Weyco Group had a return on equity of 11.52% and a net margin of 9.94%.
Weyco Group Price Performance
Weyco Group stock traded down $1.09 during mid-day trading on Tuesday, hitting $32.75. The company’s stock had a trading volume of 12,037 shares, compared to its average volume of 12,173. Weyco Group has a 52-week low of $27.05 and a 52-week high of $41.05. The firm’s 50 day moving average is $35.94 and its 200 day moving average is $35.08. The company has a market cap of $313.06 million, a PE ratio of 10.84 and a beta of 0.69.
Wall Street Analysts Forecast Growth
Separately, StockNews.com lowered shares of Weyco Group from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, February 25th.
About Weyco Group
Weyco Group, Inc designs and distributes footwear for men, women, and children. It operates in 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 and leather; and outdoor boots, shoes, and sandals under the Florsheim, Nunn Bush, Stacy Adams, BOGS, Rafters, and Forsake brands.
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