Weyco Group (WEYS) Given Media Sentiment Score of 0.02
Press coverage about Weyco Group (NASDAQ:WEYS) has trended somewhat positive recently, according to Accern Sentiment. Accern identifies positive and negative press coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Weyco Group earned a coverage optimism score of 0.02 on Accern’s scale. Accern also gave media stories about the textile maker an impact score of 44.4306024391388 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Weyco Group (NASDAQ WEYS) opened at $28.12 on Friday. Weyco Group has a fifty-two week low of $23.75 and a fifty-two week high of $32.30. The company has a market cap of $288.94, a PE ratio of 17.69 and a beta of 0.67.
Weyco Group (NASDAQ:WEYS) last announced its earnings results on Friday, October 27th. The textile maker reported $0.48 EPS for the quarter. Weyco Group had a net margin of 5.81% and a return on equity of 7.08%. The company had revenue of $76.91 million during the quarter.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, January 2nd. Shareholders of record on Monday, December 4th will be issued a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 3.13%. The ex-dividend date is Friday, December 1st. Weyco Group’s payout ratio is 55.35%.
Separately, TheStreet upgraded shares of Weyco Group from a “c+” rating to a “b-” rating in a research report on Thursday, November 16th.
In other Weyco Group news, COO John W. Florsheim sold 30,052 shares of the firm’s stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $28.00, for a total value of $841,456.00. Following the completion of the transaction, the chief operating officer now directly owns 278,764 shares in the company, valued at $7,805,392. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Cory L. Nettles sold 1,297 shares of the firm’s stock in a transaction dated Monday, November 6th. The stock was sold at an average price of $28.00, for a total transaction of $36,316.00. Following the completion of the transaction, the director now owns 6,250 shares of the company’s stock, valued at $175,000. The disclosure for this sale can be found here. Over the last quarter, insiders sold 33,794 shares of company stock valued at $948,139. Corporate insiders own 42.81% of the company’s stock.
About Weyco Group
Weyco Group, Inc is engaged in the design and distribution of footwear. The Company designs and markets footwear for men, women and children. The Company operates through two segments: the North American wholesale segment (wholesale) and the North American retail segment (retail). The Company also has other wholesale and retail businesses overseas, which include its businesses in Australia, South Africa and Asia Pacific (collectively known as Florsheim Australia), and its wholesale and retail businesses in Europe (Florsheim Europe).
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