Winmark (NASDAQ:WINA) Hits New 1-Year Low – Here’s What Happened

Winmark Corporation (NASDAQ:WINA)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $317.83 and last traded at $326.1120, with a volume of 1959 shares changing hands. The stock had previously closed at $332.72.

Analyst Upgrades and Downgrades

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

Winmark Price Performance

The company’s 50-day moving average price is $366.60 and its 200-day moving average price is $393.93. The company has a market cap of $1.15 billion, a P/E ratio of 28.99 and a beta of 0.54.

Winmark (NASDAQ:WINA) last announced its 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). The company had revenue of $21.97 million during 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 Dividend Announcement

The company 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

Hedge funds and other institutional investors have recently bought and sold shares of the company. State of Wyoming lifted its stake 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 acquiring an additional 42 shares in the last quarter. Global Retirement Partners LLC bought a new position in shares of Winmark during the 2nd quarter worth approximately $35,000. GAMMA Investing LLC raised its holdings in shares of Winmark by 141.5% in the second quarter. GAMMA Investing LLC now owns 99 shares of the specialty retailer’s stock valued at $42,000 after purchasing an additional 58 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Winmark in the fourth quarter valued at approximately $50,000. Finally, Tower Research Capital LLC TRC lifted its position in shares of Winmark by 19.0% in the second quarter. Tower Research Capital LLC TRC now owns 213 shares of the specialty retailer’s stock worth $80,000 after purchasing an additional 34 shares in the last quarter. Institutional investors and hedge funds 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.