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

Winmark Corporation (NASDAQ:WINAGet Free Report)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as $311.71 and last traded at $309.6880, with a volume of 4610 shares traded. The stock had previously closed at $318.17.

Wall Street Analysts Forecast Growth

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

View Our Latest Stock Report on Winmark

Winmark Trading Down 0.2%

The stock has a market cap of $1.12 billion, a P/E ratio of 28.27 and a beta of 0.54. The company has a 50 day simple moving average of $356.05 and a 200 day simple moving average of $388.99.

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

Winmark Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 1st. Investors of record on Wednesday, August 12th were issued a dividend of $1.02 per share. The ex-dividend date was Wednesday, August 12th. This represents a $4.08 annualized dividend and a yield of 1.3%. Winmark’s dividend payout ratio is presently 37.02%.

Institutional Investors Weigh In On Winmark

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. State of Wyoming boosted its stake 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 last quarter. Global Retirement Partners LLC bought a new stake in Winmark during the second quarter worth about $35,000. GAMMA Investing LLC raised its holdings 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 acquiring an additional 58 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new position in Winmark during the second quarter valued at approximately $46,000. Finally, Caitong International Asset Management Co. Ltd acquired a new position in Winmark during the fourth quarter valued at approximately $50,000. 73.32% of the stock is currently owned by institutional investors and hedge funds.

Winmark Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Winmark Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Winmark and related companies with MarketBeat.com's FREE daily email newsletter.