Winmark (NASDAQ:WINA) Sets New 12-Month Low – Should You Sell?

Winmark Corporation (NASDAQ:WINA)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as $341.46 and last traded at $343.44, with a volume of 4009 shares traded. The stock had previously closed at $360.36.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered shares of Winmark from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, March 30th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, Winmark has an average rating of “Hold”.

Winmark Trading Down 3.1%

The firm has a market capitalization of $1.25 billion, a PE ratio of 31.47 and a beta of 0.55. The business’s 50 day simple moving average is $416.08 and its two-hundred day simple moving average is $424.33.

Winmark (NASDAQ:WINA) last announced its earnings results on Wednesday, April 15th. The specialty retailer reported $2.50 earnings per share for the quarter, missing analysts’ consensus estimates of $2.70 by ($0.20). The company had revenue of $20.85 million for the quarter, compared to analysts’ expectations of $21.09 million. Winmark had a net margin of 48.19% and a negative return on equity of 100.45%.

Winmark Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Wednesday, May 13th will be paid a dividend of $1.02 per share. The ex-dividend date is Wednesday, May 13th. This represents a $4.08 annualized dividend and a dividend yield of 1.2%. This is a boost from Winmark’s previous quarterly dividend of $0.96. Winmark’s dividend payout ratio is 36.76%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Dimensional Fund Advisors LP lifted its position in shares of Winmark by 5.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 74,379 shares of the specialty retailer’s stock valued at $31,800,000 after buying an additional 3,771 shares in the last quarter. SEB Asset Management AB purchased a new position in shares of Winmark during the 1st quarter valued at about $1,143,000. Bessemer Group Inc. lifted its position in shares of Winmark by 3.5% during the 1st quarter. Bessemer Group Inc. now owns 42,738 shares of the specialty retailer’s stock valued at $18,273,000 after buying an additional 1,440 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its position in shares of Winmark by 11.9% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 22,086 shares of the specialty retailer’s stock valued at $9,565,000 after buying an additional 2,350 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of Winmark by 31.6% during the 1st quarter. Bank of New York Mellon Corp now owns 30,770 shares of the specialty retailer’s stock valued at $13,156,000 after buying an additional 7,384 shares in the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

About Winmark

Winmark Corporation (NASDAQ: WINA) is a franchisor of retail resale stores, specializing in the resale of apparel, sporting goods, children’s and maternity clothing, toys, and entertainment media. Through its portfolio of well-known brands—such as Plato’s Closet, Once Upon a Child, Play It Again Sports, and Style Encore—Winmark provides aspiring entrepreneurs the opportunity to own and operate neighborhood resale businesses. The company supports its franchisees with site selection, store design, training programs, and ongoing marketing assistance, emphasizing a turnkey approach to retail entrepreneurship.

Each of Winmark’s franchised brands targets a distinct consumer segment.