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Winmark (NASDAQ:WINA) Hits New 52-Week Low - Here's What Happened

Winmark logo with Retail/Wholesale background
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Winmark Co. (NASDAQ:WINA - Get Free Report)'s share price reached a new 52-week low during trading on Thursday . The stock traded as low as $329.51 and last traded at $331.81, with a volume of 23082 shares traded. The stock had previously closed at $337.20.

Winmark Stock Performance

The firm has a market cap of $1.15 billion, a P/E ratio of 29.77 and a beta of 0.82. The company has a 50-day moving average of $380.63 and a 200 day moving average of $382.30.

Winmark (NASDAQ:WINA - Get Free Report) last issued its quarterly earnings data 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). Winmark had a net margin of 49.15% and a negative return on equity of 93.24%. The business had revenue of $19.55 million during the quarter, compared to the consensus estimate of $20.25 million.

Winmark Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 3rd. Shareholders of record on Wednesday, February 12th will be given a $0.90 dividend. The ex-dividend date is Wednesday, February 12th. This represents a $3.60 annualized dividend and a yield of 1.11%. Winmark's payout ratio is 33.06%.

Hedge Funds Weigh In On Winmark

Institutional investors have recently bought and sold shares of the business. Point72 Asia Singapore Pte. Ltd. bought a new position in Winmark in the 4th quarter valued at $31,000. Sterling Capital Management LLC raised its position in Winmark by 820.0% in the 4th quarter. Sterling Capital Management LLC now owns 92 shares of the specialty retailer's stock valued at $36,000 after purchasing an additional 82 shares during the last quarter. Smartleaf Asset Management LLC increased its stake in shares of Winmark by 145.4% in the 4th quarter. Smartleaf Asset Management LLC now owns 238 shares of the specialty retailer's stock valued at $93,000 after buying an additional 141 shares during the period. Point72 Asset Management L.P. acquired a new stake in shares of Winmark in the 4th quarter valued at $146,000. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in shares of Winmark in the 4th quarter valued at $220,000. Institutional investors own 73.32% of the company's stock.

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Winmark Company Profile

(Get Free Report)

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.

Further Reading

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