Winmark (NASDAQ:WINA) Hits New 1-Year Low – Here’s Why

Winmark Co. (NASDAQ:WINA)’s stock price hit a new 52-week low during trading on Wednesday . The company traded as low as $319.73 and last traded at $320.07, with a volume of 24566 shares traded. The stock had previously closed at $324.20.

Winmark Trading Down 1.3 %

The business’s fifty day simple moving average is $379.10 and its 200 day simple moving average is $381.95. The stock has a market cap of $1.13 billion, a P/E ratio of 29.39 and a beta of 0.82.

Winmark (NASDAQ:WINA) last issued its earnings results on Wednesday, February 19th. The specialty retailer reported $2.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.65 by ($0.05). The business had revenue of $19.55 million during the quarter, compared to the consensus estimate of $20.25 million. Winmark had a net margin of 49.15% and a negative return on equity of 93.24%.

Winmark Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Wednesday, February 12th were given a $0.90 dividend. The ex-dividend date was Wednesday, February 12th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 1.12%. Winmark’s dividend payout ratio is 33.06%.

Institutional Trading of Winmark

Several hedge funds have recently bought and sold shares of the stock. Avantax Advisory Services Inc. raised its holdings in Winmark by 6.8% during the 4th quarter. Avantax Advisory Services Inc. now owns 641 shares of the specialty retailer’s stock worth $252,000 after buying an additional 41 shares during the period. Cavalier Investments LLC grew its stake in shares of Winmark by 2.8% during the 4th quarter. Cavalier Investments LLC now owns 1,742 shares of the specialty retailer’s stock worth $685,000 after acquiring an additional 48 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Winmark by 3.9% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,659 shares of the specialty retailer’s stock worth $652,000 after acquiring an additional 62 shares in the last quarter. Snowden Capital Advisors LLC boosted its position in Winmark by 10.6% during the fourth quarter. Snowden Capital Advisors LLC now owns 680 shares of the specialty retailer’s stock worth $267,000 after purchasing an additional 65 shares during the period. Finally, Mariner LLC boosted its position in Winmark by 10.0% during the fourth quarter. Mariner LLC now owns 866 shares of the specialty retailer’s stock worth $340,000 after purchasing an additional 79 shares during the period. 73.32% of the stock is currently owned by institutional investors and hedge funds.

Winmark Company Profile

Winmark Corporation, a resale company operates as a franchisor for small business in the United States and Canada. The company franchises retail stores concepts that buy, sell and trade merchandise. It also operates middle-market equipment leasing business. In addition, the company buys and sells used clothing and accessories geared toward the teenage and young adult market under Plato’s Closet brand; and operates stores which buys and sells used and new children’s clothing, toys, furniture, equipment, and accessories primarily to parents of children ages infant to 12 years under the Once Upon A Child brand.