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

Shares of Winmark Corporation (NASDAQ:WINA) 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. The stock had previously closed at $351.18.

Analyst Ratings Changes

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

Winmark Trading Up 0.5%

The business has a fifty day moving average of $406.78 and a 200-day moving average of $422.67. The firm has a market cap of $1.26 billion, a PE ratio of 31.81 and a beta of 0.55.

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

Winmark Increases Dividend

The business 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. This is a positive change from Winmark’s previous quarterly dividend of $0.96. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $4.08 dividend on an annualized basis and a yield of 1.2%. Winmark’s payout ratio is currently 36.76%.

Institutional Trading of Winmark

A number of institutional investors have recently added to or reduced their stakes in WINA. Royal Bank of Canada lifted its holdings in Winmark by 7.7% during the 1st quarter. Royal Bank of Canada now owns 9,885 shares of the specialty retailer’s stock worth $3,143,000 after purchasing an additional 708 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Winmark by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,736 shares of the specialty retailer’s stock worth $552,000 after purchasing an additional 77 shares in the last quarter. Dynamic Technology Lab Private Ltd lifted its holdings in Winmark by 36.8% during the 1st quarter. Dynamic Technology Lab Private Ltd now owns 766 shares of the specialty retailer’s stock worth $243,000 after purchasing an additional 206 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Winmark by 28.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 21,279 shares of the specialty retailer’s stock valued at $6,764,000 after acquiring an additional 4,653 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Winmark by 6.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,252 shares of the specialty retailer’s stock valued at $1,987,000 after acquiring an additional 386 shares in the last quarter. Hedge funds and other 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.