Weis Markets Inc
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- Market Cap.:
- $1.70 billion
- Book Value:
- Revenue TTM:
- $4.78 billion
- Operating Margin TTM:
- Gross Profit TTM:
- $1.21 billion
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
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.
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
- Trailing PE
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
- Capital Expenditure
- $32.24 million
- Dividend Payout Ratio
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
- 52-Week High
- 52-Week Low
- Analyst Target Price
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.
Frequently Asked Questions About Weis Markets Inc
Similar Industry Stocks (Grocery Stores)
Weis Markets, Inc. engages in the retail sale of food through a chain of supermarkets in Pennsylvania and surrounding states. The company’s retail food stores sell groceries, dairy products, frozen foods, meats, seafood, fresh produce, floral, pharmacy services, deli products, prepared foods, bakery products, beer and wine, and fuel; and general merchandise items, such as health and beauty care, and household products. It operates stores in Delaware, Maryland, New Jersey, New York, Pennsylvania, Virginia, and West Virginia primarily under the Weis Markets name, as well as Weis, Weis 2 Go, Weis Great Meals Start Here, Weis Gas-n-Go, and Weis Nutri-Facts. The company was founded in 1912 and is based in Sunbury, Pennsylvania.