Weyco Stock Target Price and Analyst Consensus

WEYS Stock  USD 36.03  0.75  2.13%   
The current analyst and expert consensus on Weyco is Strong Sell, with no strong buy opinions. The current projected Weyco target price consensus is 26.00 with 0 analyst opinions. Check out Macroaxis Advice on Weyco to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
The most common way Weyco Group analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Weyco executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Weyco. We encourage you to use your own analysis of Weyco Group to validate this buy or sell advice. Weyco buy-or-sell recommendation module provides average expert sentiment on the projected Weyco Group target price to derive its highest and lowest estimates based on projected price volatility of 3.1122.
Lowest Forecast
23.66
Highest Forecast
28.86
Target Price
26
Gross Profit is likely to drop to about 83.3 M in 2024. Pretax Profit Margin is likely to drop to 0.08 in 2024. At this time, Weyco's Current Deferred Revenue is comparatively stable compared to the past year. Deferred Long Term Liabilities is likely to gain to about 10.3 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 9.8 M in 2024.
  
It's important to approach Weyco's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Weyco price targets

Weyco's stock target price is an estimate of its future price, usually made by analysts. Using Weyco's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Weyco's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Weyco's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Weyco Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Weyco is a key component of Weyco valuation and have some predictive power on the future returns of a Weyco.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Weyco's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
32.8935.9839.07
Details
Intrinsic
Valuation
LowRealHigh
27.9731.0639.63
Details
Naive
Forecast
LowNextHigh
30.9534.0437.13
Details

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Additional Tools for Weyco Stock Analysis

When running Weyco's price analysis, check to measure Weyco's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Weyco is operating at the current time. Most of Weyco's value examination focuses on studying past and present price action to predict the probability of Weyco's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Weyco's price. Additionally, you may evaluate how the addition of Weyco to your portfolios can decrease your overall portfolio volatility.