Winmark (NASDAQ:WINA) Hits New 52-Week Low – Should You Sell?

Winmark Corporation (NASDAQ:WINA)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as $337.78 and last traded at $337.38, with a volume of 24600 shares. The stock had previously closed at $351.97.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Winmark in a research note on Tuesday, July 14th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Winmark Price Performance

The stock has a 50 day moving average of $388.53 and a two-hundred day moving average of $413.91. The stock has a market capitalization of $1.21 billion, a PE ratio of 30.57 and a beta of 0.52.

Winmark (NASDAQ:WINA) last released its earnings results on Wednesday, July 15th. The specialty retailer reported $2.81 EPS for the quarter, missing analysts’ consensus estimates of $3.14 by ($0.33). Winmark had a net margin of 47.09% and a negative return on equity of 99.47%. The business had revenue of $21.97 million during the quarter, compared to analyst estimates of $21.67 million.

Winmark Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Wednesday, August 12th will be issued a dividend of $1.02 per share. The ex-dividend date of this dividend is Wednesday, August 12th. This represents a $4.08 dividend on an annualized basis and a yield of 1.2%. Winmark’s payout ratio is currently 37.02%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in WINA. State of Wyoming lifted its position 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 acquiring an additional 42 shares during the period. GAMMA Investing LLC grew its holdings in shares of 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 acquiring an additional 58 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Winmark in the 4th quarter worth approximately $50,000. Global Retirement Partners LLC increased its stake in Winmark by 265.4% in the 4th quarter. Global Retirement Partners LLC now owns 190 shares of the specialty retailer’s stock valued at $77,000 after purchasing an additional 138 shares in the last quarter. Finally, Tower Research Capital LLC TRC increased its stake in Winmark by 19.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 213 shares of the specialty retailer’s stock valued at $80,000 after purchasing an additional 34 shares in the last quarter. 73.32% of the stock is owned by hedge funds and other institutional investors.

Winmark Company Profile

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.