Winmark (NASDAQ:WINA) Hits New 12-Month Low – Here’s Why

Winmark Corporation (NASDAQ:WINA)’s share price reached a new 52-week low on Tuesday . The company traded as low as $338.18 and last traded at $353.06, with a volume of 43054 shares trading hands. The stock had previously closed at $351.18.

Analyst Ratings Changes

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

Winmark Trading Up 2.4%

The company’s fifty day moving average is $403.60 and its 200 day moving average is $422.07. The company has a market capitalization of $1.29 billion, a P/E ratio of 32.39 and a beta of 0.55.

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

Winmark Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Wednesday, May 13th will be paid a $1.02 dividend. The ex-dividend date is Wednesday, May 13th. This represents a $4.08 annualized dividend and a yield of 1.1%. This is an increase from Winmark’s previous quarterly dividend of $0.96. Winmark’s dividend payout ratio is 36.76%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. State of Wyoming boosted its holdings in 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 purchasing an additional 42 shares during the period. Cornerstone Planning Group LLC bought a new position in Winmark in the 3rd quarter valued at $36,000. Caitong International Asset Management Co. Ltd bought a new position in Winmark in the 4th quarter valued at $50,000. Global Retirement Partners LLC boosted its holdings in Winmark by 265.4% in the 4th quarter. Global Retirement Partners LLC now owns 190 shares of the specialty retailer’s stock valued at $77,000 after purchasing an additional 138 shares during the period. Finally, Tower Research Capital LLC TRC boosted its holdings 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 purchasing an additional 34 shares during the period. 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.