Weis Markets Inc

Company Profile

Weis Markets Inc had its IPO on 1988-01-05 under the ticker symbol WMK.

The company operates in the Consumer Defensive sector and Grocery Stores industry. Weis Markets Inc has a staff strength of 23,000 employees.

Stock update

Shares of Weis Markets Inc opened at $63.57 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $63.29 - $63.97, and closed at $63.42.

This is a +0.3% increase from the previous day's closing price.

A total volume of 68,602 shares were traded at the close of the day’s session.

In the last one week, shares of Weis Markets Inc have slipped by -1.08%.

Weis Markets Inc's Key Ratios

Weis Markets Inc has a market cap of $1.70 billion, indicating a price to book ratio of 1.7639 and a price to sales ratio of 0.4894.

In the last 12-months Weis Markets Inc’s revenue was $4.78 billion with a gross profit of $1.21 billion and an EBITDA of $252.10 million. The EBITDA ratio measures Weis Markets Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Weis Markets Inc’s operating margin was 3.04% while its return on assets stood at 4.66% with a return of equity of 9.02%.

In Q2, Weis Markets Inc’s quarterly earnings growth was a negative -5.8% while revenue growth was a positive 3.8%.

Weis Markets Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

14.5023

PEG

0

Its diluted EPS in the last 12-months stands at $4.36 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Weis Markets Inc’s profitability.

Weis Markets Inc stock is trading at a EV to sales ratio of 0.47 and a EV to EBITDA ratio of 8.2246. Its price to sales ratio in the trailing 12-months stood at 0.4894.

Weis Markets Inc stock pays annual dividends of $1.36 per share, indicating a yield of 2.14% and a payout ratio of 31.16%.

Balance sheet and cash flow metrics

Total Assets

$1.97 billion

Total Liabilities

$317.57 million

Operating Cash Flow

$-37577000.00

Capital Expenditure

$32.24 million

Dividend Payout Ratio

31.16%

Weis Markets Inc ended 2023 with $1.97 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.97 billion while shareholder equity stood at $1.35 billion.

Weis Markets Inc ended 2023 with $114.23 million in deferred long-term liabilities, $317.57 million in other current liabilities, 9949000.00 in common stock, $1.49 billion in retained earnings and $52.33 million in goodwill. Its cash balance stood at $139.34 million and cash and short-term investments were $382.20 million. The company’s total short-term debt was $43,150,000 while long-term debt stood at $0.

Weis Markets Inc’s total current assets stands at $765.23 million while long-term investments were $0 and short-term investments were $242.86 million. Its net receivables were $56.97 million compared to accounts payable of $198.20 million and inventory worth $295.03 million.

In 2023, Weis Markets Inc's operating cash flow was $-37577000.00 while its capital expenditure stood at $32.24 million.

Comparatively, Weis Markets Inc paid $0.31 in dividends in 2023.

Other key metrics

Current Trading Price

$63.42

52-Week High

$93.9117

52-Week Low

$58.4461

Analyst Target Price

$31

Weis Markets Inc stock is currently trading at $63.42 per share. It touched a 52-week high of $93.9117 and a 52-week low of $93.9117. Analysts tracking the stock have a 12-month average target price of $31.

Its 50-day moving average was $65.65 and 200-day moving average was $75.31 The short ratio stood at 17.54 indicating a short percent outstanding of 0%.

Around 3938.7% of the company’s stock are held by insiders while 3761.7% are held by institutions.