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

Shares of Winmark Corporation (NASDAQ:WINA) reached a new 52-week low on Thursday . The company traded as low as $330.51 and last traded at $333.4050, with a volume of 1276 shares trading hands. The stock had previously closed at $334.24.

Analysts Set New Price Targets

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

Winmark Trading Down 1.8%

The company has a market capitalization of $1.18 billion, a P/E ratio of 29.88 and a beta of 0.52. The company has a 50 day moving average price of $386.81 and a 200 day moving average price of $410.87.

Winmark (NASDAQ:WINA) last posted its quarterly earnings results on Wednesday, July 15th. The specialty retailer reported $2.81 earnings per share 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 business had revenue of $21.97 million during the quarter, compared to the consensus estimate of $21.67 million.

Winmark Dividend Announcement

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

Institutional Trading of Winmark

A number of hedge funds have recently modified their holdings of the stock. State of Wyoming boosted its holdings in shares of Winmark by 144.8% during the 1st quarter. State of Wyoming now owns 71 shares of the specialty retailer’s stock worth $30,000 after buying an additional 42 shares during the period. GAMMA Investing LLC raised its holdings in Winmark by 141.5% in the 2nd quarter. GAMMA Investing LLC now owns 99 shares of the specialty retailer’s stock valued at $42,000 after acquiring an additional 58 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in Winmark in the 4th quarter valued at about $50,000. Global Retirement Partners LLC lifted its position in Winmark by 265.4% during the fourth quarter. Global Retirement Partners LLC now owns 190 shares of the specialty retailer’s stock worth $77,000 after acquiring an additional 138 shares during the last quarter. Finally, Tower Research Capital LLC TRC boosted its holdings in shares of Winmark by 19.0% during the second quarter. Tower Research Capital LLC TRC now owns 213 shares of the specialty retailer’s stock worth $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.