Winmark (NASDAQ:WINA) Share Price Passes Below Two Hundred Day Moving Average - Here's What Happened

Key Points

• Shares fell below its 200-day moving average: WINA crossed under the 200-day MA of $442.50, trading as low as $407.15 and last at $410.88 on volume of 53,241 shares.
• Analyst sentiment is positive: Weiss Ratings upgraded Winmark from a "hold (c+)" to a "buy (b-)," and the stock's consensus rating on MarketBeat is currently Buy.
• Mixed fundamentals: Winmark reported Q EPS of $2.69 (missed by $0.09) with revenue of $21.09M, a net margin of 48.4% but a negative return on equity of -102.34%.

Winmark Corporation (NASDAQ:WINA - Get Free Report) shares crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $442.50 and traded as low as $407.15. Winmark shares last traded at $410.88, with a volume of 53,241 shares traded.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings upgraded shares of Winmark from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday, March 13th. One research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of "Buy".

Winmark Stock Performance

The company's 50-day moving average price is $445.69 and its two-hundred day moving average price is $442.50. The stock has a market cap of $1.47 billion, a PE ratio of 36.33 and a beta of 0.67.

Winmark (NASDAQ:WINA - Get Free Report) last announced its quarterly earnings data on Wednesday, February 18th. The specialty retailer reported $2.69 earnings per share for the quarter, missing analysts' consensus estimates of $2.78 by ($0.09). The firm had revenue of $21.09 million for the quarter, compared to analysts' expectations of $21.09 million. Winmark had a net margin of 48.40% and a negative return on equity of 102.34%.

Winmark Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Wednesday, February 11th were given a $0.96 dividend. The ex-dividend date was Wednesday, February 11th. This represents a $3.84 annualized dividend and a yield of 0.9%. Winmark's payout ratio is presently 33.95%.

Institutional Trading of Winmark

Institutional investors have recently modified their holdings of the company. Creative Planning raised its stake in Winmark by 38.2% during the 2nd quarter. Creative Planning now owns 5,227 shares of the specialty retailer's stock valued at $1,974,000 after buying an additional 1,445 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Winmark by 1.1% during the 2nd quarter. Geode Capital Management LLC now owns 75,665 shares of the specialty retailer's stock valued at $28,575,000 after purchasing an additional 849 shares during the last quarter. Fisher Asset Management LLC purchased a new stake in shares of Winmark during the 2nd quarter valued at about $31,021,000. Vest Financial LLC lifted its stake in shares of Winmark by 137.2% in the 3rd quarter. Vest Financial LLC now owns 6,097 shares of the specialty retailer's stock worth $3,035,000 after purchasing an additional 3,527 shares during the period. Finally, Kingsview Wealth Management LLC bought a new position in Winmark in the third quarter worth approximately $4,754,000. 73.32% of the stock is currently owned by hedge funds and other institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.