Weis Markets Inc Stock Research

Market Summary

USD82.53+1.49

Market Closed

1.84%

WMK Stock Price

WMK RSI Chart

WMK Valuation

Market Cap

2.2B

Price/Earnings (Trailing)

17.73

Price/Sales (Trailing)

0.47

EV/EBITDA

7.79

Price/Free Cashflow

23.16

WMK Price/Sales (Trailing)

WMK Profitability

EBT Margin

3.42%

Return on Equity

9.62%

Return on Assets

6.39%

Free Cashflow Yield

4.32%

WMK Fundamentals

WMK Revenue

Revenue (TTM)

4.7B

Revenue Y/Y

17.96%

Revenue Q/Q

13.52%

WMK Earnings

Earnings (TTM)

125.2M

Earnings Y/Y

27.72%

Earnings Q/Q

0.79%

Price Action

52 Week Range

70.3995.19

(Low)(High)

Last 7 days

-0.5%

Last 30 days

-0.8%

Last 90 days

-2.0%

Trailing 12 Months

12.2%

WMK Financial Health

Current Ratio

2.15

WMK Investor Care

Dividend Yield

1.58%

Dividend/Share (TTM)

1.3

Diluted EPS (TTM)

4.65

Peers (Alternatives to Weis Markets)

View All Peers In Detail

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
WMT	384.4B	600.1B	-1.69%	0.45%	42.65	0.64	4.92%	10.07%
COST	219.7B	234.4B	-0.43%	-10.80%	36.3	0.94	13.76%	13.92%
SYY	37.9B	73.6B	-3.65%	-6.79%	26.68	0.51	21.14%	80.80%
KR	35.1B	146.5B	9.93%	-12.27%	14.85	0.24	8.04%	132.09%
ACI	10.8B	76.8B	-5.57%	-23.61%	6.51	0.14	9.24%	62.45%
BJ	10.1B	18.7B	1.01%	16.67%	20.58	0.54	15.30%	18.31%
MID-CAP
USFD	7.9B	34.1B	-10.59%	-4.98%	29.81	0.23	15.50%	61.59%
CASY	7.8B	15.2B	-3.15%	9.05%	17.35	0.51	28.24%	39.99%
SFM	3.5B	6.4B	4.26%	1.84%	13.39	0.55	4.99%	6.97%
GO	2.7B	3.6B	-5.16%	-17.02%	41.14	0.75	16.19%	4.40%
WMK	2.2B	4.7B	-0.77%	12.15%	17.73	0.47	11.16%	15.02%
SMALL-CAP
ANDE	1.4B	17.3B	-9.35%	-21.53%	10.33	0.08	37.37%	26.06%
CHEF	1.3B	2.6B	-8.00%	-0.55%	45.44	0.48	49.70%	663.68%
SPTN	853.5M	9.6B	-22.39%	-30.31%	24.73	0.09	7.97%	-53.20%
NGVC	244.8M	1.1B	-0.30%	-41.40%	14.52	0.22	2.34%	-34.82%

Financials for Weis Markets

* denotes actual numbers (not divided by Millions)
Income Statement (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Revenue	4.4%	4,696	4,497	4,410	4,322	4,224
Gross Profit	2.1%	1,182	1,158	1,153	1,142	1,116
S&GA Expenses	2.1%	1,025	1,004	994	986	969
EBITDA	2.4%	265	259	264	261	-
EBITDA Margin	-2.0%	0.06*	0.06*	0.06*	0.06*	-
Earnings Before Taxes	3.4%	161	155	161	158	148
EBT Margin	-1.0%	0.03*	0.03*	0.04*	0.04*	-
Interest Expenses	25.0%	0.00	0.00	0.00	0.00	0.00
Net Income	5.3%	125	119	119	116	109
Net Income Margin	0.8%	0.03*	0.03*	0.03*	0.03*	-
Free Cahsflow	35.1%	96.00	71.00	85.00	114	-

* denotes actual numbers (not divided by Millions)
Balance Sheet					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Assets	0.9%	1,959	1,941	1,926	1,897	1,910
Current Assets	2.3%	741	724	705	679	672
Cash Equivalents	9.3%	158	145	71.00	93.00	86.00
Inventory	-2.3%	293	300	303	285	270
Net PPE	0.8%	971	963	963	955	978
Goodwill	0%	52.00	52.00	52.00	52.00	52.00
Liabilities	-0.4%	657	660	663	659	691
Current Liabilities	0.2%	345	345	341	329	345
Shareholder's Equity	1.6%	1,302	1,281	1,263	1,237	1,220
Retained Earnings	1.4%	1,449	1,429	1,409	1,382	1,359
Shares Outstanding	0%	27.00	27.00	27.00	27.00	27.00

Cashflow (Last 12 Months)					(In Millions)
Description	(%) Q/Q	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4
Cashflow From Operations	16.0%	218	188	212	247	228
Cashflow From Investing	38.8%	-111	-181	-248	-221	-244
Cashflow From Financing	-1.6%	-34.97	-34.43	-34.16	-33.89	-33.62
Dividend Payments	1.6%	35.00	34.00	34.00	34.00	34.00

Risks for WMK

What is the probability of a big loss on WMK?

37.7%

Probability that Weis Markets stock will be more than 20% underwater in next one year

17.3%

Probability that Weis Markets stock will be more than 30% underwater in next one year.

Probability that Weis Markets stock will be more than 40% underwater in next one year.

*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does WMK drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Weis Markets was unfortunately bought at previous high price.

Drawdowns

Returns for WMK

Cumulative Returns on WMK

10%

10-Year Cumulative Returns

12.5%

7-Year Cumulative Returns

19.1%

5-Year Cumulative Returns

32.5%

3-Year Cumulative Returns

What are the long-term rolling returns for WMK?

FIve years rolling returns for Weis Markets.

Annualized Returns

Which funds bought or sold WMK recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
2023-03-10	VICTORY CAPITAL MANAGEMENT INC	reduced	-88.96	-7,094,900	1,037,100	-%
2023-03-06	Rockefeller Capital Management L.P.	unchanged	-	4,000	28,000	-%
2023-02-28	Voya Investment Management LLC	unchanged	-	72,703	542,703	-%
2023-02-21	MACQUARIE GROUP LTD	reduced	-43.41	-480,000	862,000	-%
2023-02-21	DGS Capital Management, LLC	reduced	-1.85	69,933	592,692	0.39%
2023-02-17	Linden Thomas Advisory Services, LLC	new	-	1,762,330	1,762,330	0.50%
2023-02-15	PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO	reduced	-67.58	-107,000	64,000	-%
2023-02-15	Metropolitan Life Insurance Co/NY	added	8.06	16,854	83,854	-%
2023-02-15	JANE STREET GROUP, LLC	new	-	286,863	286,863	-%
2023-02-15	LAZARD ASSET MANAGEMENT LLC	reduced	-19.93	-144,000	1,774,000	-%

Latest Funds Activity

Are funds buying WMK calls or puts?

Calls

Puts

Are funds bullish or bearish(Calls - Puts)?

Net Call Options

No. of funds that own WMK

No. of Funds

Weis Markets News

Schedule 13G FIlings of Weis Markets

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 10, 2023	dimensional fund advisors lp	7.6%	2,049,769	SC 13G/A
Feb 09, 2023	vanguard group inc	6.63%	1,783,439	SC 13G/A
Feb 08, 2022	dimensional fund advisors lp	7.2%	1,949,711	SC 13G/A
Feb 16, 2021	dimensional fund advisors lp	7.4%	1,995,178	SC 13G/A
Feb 10, 2021	vanguard group inc	5.94%	1,596,806	SC 13G/A
Feb 12, 2020	vanguard group inc	5.90%	1,588,914	SC 13G/A
Feb 12, 2020	dimensional fund advisors lp	7.37%	1,982,070	SC 13G/A
Feb 04, 2020	royce & associates lp	1.95%	524,700	SC 13G/A

WMK Fair Value

Weis Markets fair value in different scenarios

The table shows the Fair Value estimates for Weis Markets for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.

Fair Value	Very Pessimistic	Pessimistic	Base Case	Optimistic	Very Optimistic
Very Low Inflation	70.29 -14.83%	83.02 0.59%	105.10 27.35%	130.97 58.69%	150.51 82.37%
Current Inflation	65.31 -20.87%	76.09 -7.80%	94.52 14.53%	116.15 40.74%	132.39 60.41%
Very High Inflation	59.17 -28.30%	67.71 -17.96%	82.03 -0.61%	98.92 19.86%	111.52 35.13%

Historical Weis Markets Fair Value Estimates

Very Pessimistic Case

Pessimistic Case

Fair Value

Optimistic Case

Very Optimistic Case

Closing Stock Price

Recent SEC filings of Weis Markets

View All Filings

Date Filed	Form Type	Document
Mar 24, 2023	8-K	Current Report
Mar 09, 2023	DEF 14A	DEF 14A
Mar 01, 2023	10-K	Annual Report
Feb 27, 2023	8-K	Current Report
Feb 10, 2023	SC 13G/A	Major Ownership Report
Feb 10, 2023	4	Insider Trading
Feb 09, 2023	SC 13G/A	Major Ownership Report

Latest Insider Trading transactions for WMK

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
2021-12-09	Lockard Michael T	bought	183,000	61.00	3,000	svp, cfo and treasurer
2021-12-06	Lauth Edward John III	sold	-	-	-2,000	-
2021-11-09	Gleeson Robert G.	bought	6,216	62.1675	100	svp, merchandising & marketing
2021-10-29	Weis Jennifer	gifted	-	-	-118,683	-
2021-10-29	Weis Jennifer	gifted	-	-	118,683	-
2019-06-03	FROST SCOTT F	bought	30,080	37.6	800	svp, chief financial officer
2019-05-29	Schertle Kurt A	bought	38,570	38.57	1,000	chief operating officer
2019-05-21	BAILEY WAYNE S	bought	22,770	37.95	600	svp supply chain
2019-03-15	Schertle Kurt A	bought	40,360	40.36	1,000	chief operating officer

About Weis Markets

Jonathan H. Weis

www.weismarkets.com

24000

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 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. As of March 7, 2022, the company owned and operated 197 stores in Pennsylvania, Maryland, Delaware, New Jersey, New York, West Virginia, and Virginia. Weis Markets, Inc. was founded in 1912 and is based in Sunbury, Pennsylvania.

WMK Income Statement

2022-12-31

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 25, 2021	Dec. 26, 2020
Income Statement [Abstract]
Net sales	$ 4,695,943	$ 4,224,417	$ 4,112,601
Cost of sales, including advertising, warehousing and distribution expenses	3,514,029	3,108,710	3,012,167
Gross profit on sales	1,181,914	1,115,707	1,100,434
Operating, general and administrative expenses	1,024,862	968,996	937,256
Income from operations	157,052	146,711	163,178
Investment income (loss) and interest expense	(82)	5,007	3,817
Other income (expense)	3,807	(3,411)	(3,316)
Income before provision for income taxes	160,777	148,307	163,679
Provision for income taxes	35,581	39,458	44,762
Net income	$ 125,196	$ 108,849	$ 118,917
Weighted-average shares outstanding, basic	26,898,443	26,898,443	26,898,443
Weighted-average shares outstanding, diluted	26,898,443	26,898,443	26,898,443
Cash dividends per share	$ 1.30	$ 1.25	$ 1.24
Basic earnings per share	4.65	4.05	4.42
Diluted earnings per share	$ 4.65	$ 4.05	$ 4.42

WMK Balance Sheet

2022-12-31

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2022	Dec. 25, 2021
Current:
Cash and cash equivalents	$ 157,997	$ 86,048
Marketable securities	186,419	205,744
SERP investment	22,696	27,059
Accounts receivable, net	50,863	52,108
Inventories	293,274	269,587
Prepaid expenses and other current assets	29,921	31,112
Total current assets	741,170	671,658
Property and equipment, net	970,913	977,787
Operating lease right-to-use	175,952	191,175
Goodwill	52,330	52,330
Intangible and other assets, net	18,785	17,525
Total assets	1,959,150	1,910,475
Current:
Accounts payable	206,849	218,774
Accrued expenses	57,431	48,654
Operating leases	43,527	39,940
Accrued self-insurance	19,416	18,568
Deferred revenue, net	11,774	11,901
Income taxes payable	6,354	7,360
Total current liabilities	345,351	345,197
Postretirement benefit obligations	25,270	29,964
Accrued self-insurance	23,712	23,400
Operating leases	142,424	161,669
Deferred income taxes	111,225	115,087
Other	9,334	15,416
Total liabilities	657,316	690,733
Shareholders' Equity
Common stock, no par value, 100,800,000 shares authorized, 33,047,807 shares issued, 26,898,443 shares outstanding	9,949	9,949
Retained earnings	1,449,191	1,358,963
Accumulated other comprehensive income (loss) (Net of deferred taxes of $2,342 in 2022 and $669 in 2021)	(6,449)	1,687
Shareholders' equity before treasury stock	1,452,691	1,370,599
Treasury stock at cost, 6,149,364 shares	(150,857)	(150,857)
Total shareholders' equity	1,301,834	1,219,742
Total liabilities and shareholders' equity	$ 1,959,150	$ 1,910,475