Winmark (NASDAQ:WINA) Hits New 12-Month Low - What's Next?

Key Points

• Winmark shares hit a new 52-week low, trading as low as $279.42 before recovering modestly; the stock remains below both its 50-day and 200-day moving averages.
• Analysts maintain a cautious stance, with Weiss Ratings downgrading the stock slightly and the broader consensus rating remaining “Hold.” Winmark narrowly missed quarterly EPS estimates despite reporting revenue above expectations.
• The company declared a quarterly dividend of $1.02 per share, equivalent to $4.08 annually and a 1.4% yield. Institutional investors own 73.32% of Winmark, with several funds increasing their positions.

Winmark Corporation (NASDAQ:WINA - Get Free Report)'s stock price hit a new 52-week low on Thursday. The company traded as low as $279.42 and last traded at $286.2240, with a volume of 59,365 shares traded. The stock had previously closed at $280.77.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded shares of Winmark from a "hold (c)" rating to a "hold (c-)" rating in a report on Friday, September 18th. One research analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, the company has a consensus rating of "Hold".

Winmark Stock Up 1.9%

The company has a market cap of $1.02 billion, a P/E ratio of 25.54 and a beta of 0.57. The company has a fifty day moving average of $312.53 and a 200 day moving average of $358.96.

Winmark (NASDAQ:WINA - Get Free Report) last posted its quarterly earnings data on Wednesday, October 14th. The specialty retailer reported $3.21 EPS for the quarter, missing analysts' consensus estimates of $3.23 by ($0.02). Winmark had a net margin of 45.13% and a negative return on equity of 94.74%. The firm had revenue of $27.89 million for the quarter, compared to analysts' expectations of $23.99 million.

Winmark Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Stockholders of record on Wednesday, November 11th will be given a dividend of $1.02 per share. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $4.08 annualized dividend and a dividend yield of 1.4%. Winmark's dividend payout ratio is presently 36.40%.

Hedge Funds Weigh In On Winmark

Several institutional investors have recently made changes to their positions in the business. Copeland Capital Management LLC lifted its position in shares of Winmark by 55.2% during the 3rd quarter. Copeland Capital Management LLC now owns 97,891 shares of the specialty retailer's stock valued at $29,386,000 after buying an additional 34,832 shares in the last quarter. Legacy Wealth Asset Management LLC grew its stake in shares of Winmark by 7.7% during the 3rd quarter. Legacy Wealth Asset Management LLC now owns 751 shares of the specialty retailer's stock valued at $225,000 after acquiring an additional 54 shares during the period. GAMMA Investing LLC grew its stake in shares of Winmark by 360.6% during the 3rd quarter. GAMMA Investing LLC now owns 456 shares of the specialty retailer's stock valued at $137,000 after acquiring an additional 357 shares during the period. Congress Asset Management Co. grew its stake in shares of Winmark by 21.3% during the 3rd quarter. Congress Asset Management Co. now owns 41,942 shares of the specialty retailer's stock valued at $12,591,000 after acquiring an additional 7,361 shares during the period. Finally, Envestnet Portfolio Solutions Inc. purchased a new stake in Winmark in the 2nd quarter worth approximately $696,000. Institutional investors own 73.32% of the company's stock.

Winmark Company Profile

Winmark Corporation is a franchisor that develops and supports resale and specialty retail businesses in the United States and Canada. Its franchise concepts focus on buying and selling gently used merchandise, offering consumers value-oriented alternatives to traditional retail while providing franchisees with established brand systems and operational support.

The company's retail brands include Plato's Closet, which specializes in fashion and accessories for teens and young adults; Once Upon A Child, which sells children's clothing, toys and equipment; Play It Again Sports, which focuses on new and used sporting goods; Style Encore, which offers women's resale fashion; and Music Go Round, which specializes in used and new musical instruments and equipment.

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