Winmark (NASDAQ:WINA) Sets New 1-Year Low - What's Next?

Key Points

• Winmark shares hit a new 52-week low, trading as low as $283.36 and well below their 50-day and 200-day moving averages of $340.94 and $381.33, respectively.
• The company’s latest quarterly results were mixed: earnings per share of $2.81 missed estimates of $3.14, while revenue of $21.97 million exceeded the $21.67 million consensus forecast.
• Analyst sentiment remains cautious, with Weiss Ratings downgrading the stock and the overall analyst consensus at “Hold.” Winmark continues to pay a quarterly dividend of $1.02 per share, yielding approximately 1.4%.

Winmark Corporation (NASDAQ:WINA - Get Free Report) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as $283.36 and last traded at $286.8950, with a volume of 537367 shares. The stock had previously closed at $285.38.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings downgraded shares of Winmark from a "hold (c)" rating to a "hold (c-)" rating in a research note on Friday. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Winmark currently has an average rating of "Hold".

Winmark Price Performance

The business's fifty day simple moving average is $340.94 and its 200 day simple moving average is $381.33. The stock has a market cap of $1.02 billion, a price-to-earnings ratio of 25.90 and a beta of 0.54.

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

Winmark Announces Dividend

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. This represents a $4.08 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Wednesday, August 12th. Winmark's dividend payout ratio (DPR) is presently 37.02%.

Institutional Trading of Winmark

Several hedge funds and other institutional investors have recently modified their holdings of WINA. State of Wyoming lifted its holdings in shares of Winmark by 144.8% during the 1st quarter. State of Wyoming now owns 71 shares of the specialty retailer's stock valued at $30,000 after buying an additional 42 shares during the last quarter. Global Retirement Partners LLC bought a new position in shares of Winmark in the second quarter worth about $35,000. GAMMA Investing LLC increased its position in Winmark by 141.5% in the 2nd quarter. GAMMA Investing LLC now owns 99 shares of the specialty retailer's stock worth $42,000 after buying an additional 58 shares during the period. Integrated Wealth Concepts LLC bought a new position in shares of Winmark during the 2nd quarter worth about $46,000. Finally, Caitong International Asset Management Co. Ltd acquired a new position in Winmark in the 4th quarter valued at approximately $50,000. Institutional investors and hedge funds own 73.32% of the company's stock.

Winmark Company Profile

Winmark Corporation NASDAQ: WINA is a franchisor that develops and supports resale retail businesses in the United States and Canada. Its portfolio includes Plato's Closet, which buys and sells gently used apparel and accessories for teens and young adults; Once Upon A Child, which focuses on children's clothing, toys and equipment; Play It Again Sports, which specializes in new and used sporting goods; Style Encore, which sells secondhand women's clothing and accessories; and Music Go Round, which offers new and used musical instruments and equipment.

Winmark's primary business activities include granting franchises, collecting royalties and providing franchisees with operational support, marketing programs, training, technology and store-development resources.

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