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

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

Analyst Ratings Changes

Separately, Weiss Ratings cut Winmark from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, March 30th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

Winmark Trading Up 0.5%

The company has a market capitalization of $1.26 billion, a PE ratio of 31.81 and a beta of 0.55. The stock has a fifty day moving average of $406.78 and a two-hundred day moving average of $422.67.

Winmark (NASDAQ:WINA) last announced its quarterly earnings data on Wednesday, April 15th. The specialty retailer reported $2.50 earnings per share for the quarter, missing analysts’ consensus estimates of $2.70 by ($0.20). The firm had revenue of $20.85 million for the quarter, compared to analysts’ expectations of $21.09 million. Winmark had a net margin of 48.19% and a negative return on equity of 100.45%.

Winmark Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Investors of record on Wednesday, May 13th will be issued a dividend of $1.02 per share. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 1.2%. This is a positive change from Winmark’s previous quarterly dividend of $0.96. Winmark’s payout ratio is 36.76%.

Hedge Funds Weigh In On Winmark

Institutional investors and hedge funds have recently bought and sold shares of the stock. State of Wyoming grew its position in 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 acquiring an additional 42 shares during the last quarter. Cornerstone Planning Group LLC bought a new position in Winmark during the 3rd quarter worth approximately $36,000. Caitong International Asset Management Co. Ltd bought a new position in Winmark during the 4th quarter worth approximately $50,000. Global Retirement Partners LLC grew its position in Winmark by 265.4% during the 4th 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, State of Alaska Department of Revenue bought a new position in Winmark during the 3rd quarter worth approximately $95,000. 73.32% of the stock is currently owned by institutional investors.

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.