Winmark (NASDAQ:WINA) Hits New 52-Week Low – Should You Sell?

Winmark Corporation (NASDAQ:WINAGet Free Report)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $311.71 and last traded at $309.6880, with a volume of 4610 shares traded. The stock had previously closed at $318.17.

Analysts Set New Price Targets

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

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Winmark Stock Performance

The stock has a market capitalization of $1.11 billion, a price-to-earnings ratio of 28.16 and a beta of 0.54. The company has a 50 day moving average of $360.44 and a 200 day moving average of $391.00.

Winmark (NASDAQ:WINAGet Free Report) last announced its quarterly earnings data on Wednesday, July 15th. The specialty retailer reported $2.81 EPS for the quarter, missing analysts’ consensus estimates of $3.14 by ($0.33). Winmark had a net margin of 47.09% and a negative return on equity of 99.47%. The firm had revenue of $21.97 million during the quarter, compared to analysts’ expectations of $21.67 million.

Winmark Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 1st. Stockholders of record on Wednesday, August 12th were given a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend was Wednesday, August 12th. Winmark’s dividend payout ratio is currently 37.02%.

Institutional Investors Weigh In On Winmark

Several hedge funds and other institutional investors have recently made changes to their positions in WINA. State of Wyoming boosted its holdings in shares of Winmark by 144.8% in the 1st quarter. State of Wyoming now owns 71 shares of the specialty retailer’s stock valued at $30,000 after buying an additional 42 shares in the last quarter. Global Retirement Partners LLC acquired a new position in Winmark in the second quarter valued at $35,000. GAMMA Investing LLC grew its holdings in shares of Winmark by 141.5% during the second quarter. GAMMA Investing LLC now owns 99 shares of the specialty retailer’s stock worth $42,000 after purchasing an additional 58 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new position in shares of Winmark during the fourth quarter worth about $50,000. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of 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 purchasing an additional 34 shares during the last quarter. Institutional investors and hedge funds own 73.32% of the company’s stock.

Winmark Company Profile

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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.

Further Reading

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