Winmark (NASDAQ:WINA) Reaches New 1-Year Low – Here’s Why

Winmark Corporation (NASDAQ:WINA) reached a new 52-week low on Thursday . The stock traded as low as $337.78 and last traded at $337.38, with a volume of 24600 shares changing hands. The stock had previously closed at $351.97.

Wall Street Analyst Weigh In

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

Winmark Stock Performance

The stock’s fifty day simple moving average is $387.63 and its two-hundred day simple moving average is $412.88. The stock has a market capitalization of $1.19 billion, a P/E ratio of 30.17 and a beta of 0.52.

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

Winmark Announces Dividend

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

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in WINA. State of Wyoming lifted its position in shares of Winmark by 144.8% in the 1st quarter. State of Wyoming now owns 71 shares of the specialty retailer’s stock worth $30,000 after purchasing an additional 42 shares during the period. GAMMA Investing LLC raised its stake in 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 buying an additional 58 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new position in Winmark during the fourth quarter worth $50,000. Global Retirement Partners LLC lifted its holdings in Winmark by 265.4% in the fourth quarter. Global Retirement Partners LLC now owns 190 shares of the specialty retailer’s stock valued at $77,000 after buying an additional 138 shares during the period. Finally, Tower Research Capital LLC TRC lifted its holdings in Winmark by 19.0% in the second quarter. Tower Research Capital LLC TRC now owns 213 shares of the specialty retailer’s stock valued at $80,000 after buying an additional 34 shares during the period. Institutional investors own 73.32% of the company’s stock.

Winmark Company Profile

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.