Winmark (NASDAQ:WINA) Reaches New 52-Week Low - Time to Sell?

Key Points

• Winmark shares hit a new 52-week low, trading as low as $275.07 versus a prior close of $283.16. The stock remains below its 50-day and 200-day moving averages.
• Weiss Ratings downgraded Winmark from “hold (c)” to “hold (c-),” while the overall analyst consensus remains Hold. The company narrowly missed quarterly EPS estimates but exceeded revenue expectations.
• Winmark declared a quarterly dividend of $1.02 per share, equivalent to $4.08 annually and a 1.5% yield. Institutional investors own approximately 73.32% of the company’s stock.

Winmark Corporation (NASDAQ:WINA - Get Free Report) shares reached a new 52-week low during mid-day trading on Tuesday. The stock traded as low as $275.07 and last traded at $275.89, with a volume of 36,580 shares trading hands. The stock had previously closed at $283.16.

Analyst Upgrades and Downgrades

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

Winmark Price Performance

The company has a market capitalization of $987.05 million, a P/E ratio of 24.77 and a beta of 0.57. The company has a fifty day moving average price of $302.82 and a 200 day moving average price of $378.40.

Winmark (NASDAQ:WINA - Get Free Report) last announced its quarterly earnings results on Wednesday, October 14th. The specialty retailer reported $3.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.23 by ($0.02). Winmark had a negative return on equity of 94.74% and a net margin of 45.13%. The company had revenue of $27.89 million during the quarter, compared to the consensus estimate of $23.99 million.

Winmark Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Wednesday, November 11th will be paid a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Tuesday, November 10th. Winmark's dividend payout ratio (DPR) is presently 36.40%.

Institutional Trading of Winmark

Several institutional investors have recently modified their holdings of WINA. Inspire Investing LLC grew its holdings in Winmark by 3.1% during the first quarter. Inspire Investing LLC now owns 1,192 shares of the specialty retailer's stock worth $510,000 after acquiring an additional 36 shares during the period. State of Wyoming lifted its holdings 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 during the last quarter. Legacy Wealth Asset Management LLC lifted its holdings in Winmark by 7.7% in 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 last quarter. GAMMA Investing LLC boosted its position in shares of Winmark by 141.5% during the 2nd quarter. GAMMA Investing LLC now owns 99 shares of the specialty retailer's stock valued at $42,000 after purchasing an additional 58 shares in the last quarter. Finally, Global Retirement Partners LLC bought a new position in shares of Winmark during the 2nd quarter valued at about $35,000. Institutional investors and hedge funds 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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