Winmark (NASDAQ:WINA) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

Winmark Corporation (NASDAQ:WINA)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $401.30 and traded as low as $345.00. Winmark shares last traded at $354.41, with a volume of 30,398 shares.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reiterated a “hold (c)” rating on shares of Winmark in a report on Tuesday, July 14th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, Winmark currently has a consensus rating of “Hold”.

Winmark Trading Up 0.4%

The firm has a market cap of $1.24 billion, a price-to-earnings ratio of 31.24 and a beta of 0.53. The company has a fifty day moving average price of $378.55 and a 200-day moving average price of $400.54.

Winmark (NASDAQ:WINA) last announced its quarterly earnings results on Wednesday, July 15th. The specialty retailer reported $2.81 earnings per share for the quarter, missing the consensus estimate of $3.14 by ($0.33). Winmark had a net margin of 47.09% and a negative return on equity of 99.47%. The company had revenue of $21.97 million for the quarter, compared to analysts’ expectations of $21.67 million.

Winmark Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Wednesday, August 12th will be issued a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend is Wednesday, August 12th. Winmark’s payout ratio is 37.02%.

Institutional Trading of Winmark

Several hedge funds and other institutional investors have recently added to or reduced their stakes in WINA. State of Wyoming grew its holdings in Winmark by 144.8% in the first quarter. State of Wyoming now owns 71 shares of the specialty retailer’s stock valued at $30,000 after purchasing an additional 42 shares during the period. Global Retirement Partners LLC purchased a new position in shares of Winmark during the 2nd quarter valued at approximately $35,000. GAMMA Investing LLC lifted its position in shares of Winmark by 141.5% during the 2nd quarter. GAMMA Investing LLC now owns 99 shares of the specialty retailer’s stock valued at $42,000 after buying an additional 58 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in Winmark in the 4th quarter valued at $50,000. Finally, Tower Research Capital LLC TRC grew its stake in Winmark by 19.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 213 shares of the specialty retailer’s stock valued at $80,000 after acquiring an additional 34 shares during the period. Institutional investors and hedge funds 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.