Winmark (NASDAQ:WINA) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

Shares of Winmark Corporation (NASDAQ:WINA) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $417.90 and traded as low as $385.12. Winmark shares last traded at $394.82, with a volume of 36,722 shares changing hands.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded Winmark from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, March 30th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold”.

Winmark Stock Performance

The stock has a market capitalization of $1.41 billion, a price-to-earnings ratio of 35.57 and a beta of 0.54. The company has a 50-day moving average of $387.47 and a 200-day moving average of $417.90.

Winmark (NASDAQ:WINA) last issued its quarterly earnings data on Wednesday, April 15th. The specialty retailer reported $2.50 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.70 by ($0.20). Winmark had a negative return on equity of 100.45% and a net margin of 48.19%.The company had revenue of $20.85 million for the quarter, compared to analyst estimates of $21.09 million.

Winmark Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Investors of record on Wednesday, May 13th were given a dividend of $1.02 per share. The ex-dividend date was Wednesday, May 13th. This represents a $4.08 annualized dividend and a dividend yield of 1.0%. This is an increase from Winmark’s previous quarterly dividend of $0.96. Winmark’s payout ratio is presently 36.76%.

Institutional Trading of Winmark

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Bank of America Corp DE grew its stake in Winmark by 14.7% in the 1st quarter. Bank of America Corp DE now owns 14,712 shares of the specialty retailer’s stock worth $6,290,000 after acquiring an additional 1,886 shares during the period. Amundi purchased a new stake in Winmark in the 1st quarter worth approximately $212,000. California State Teachers Retirement System grew its stake in Winmark by 37.1% in the 1st quarter. California State Teachers Retirement System now owns 3,973 shares of the specialty retailer’s stock worth $1,699,000 after acquiring an additional 1,075 shares during the period. Empowered Funds LLC purchased a new stake in Winmark in the 1st quarter worth approximately $204,000. Finally, Quantinno Capital Management LP grew its stake in Winmark by 22.9% in the 1st quarter. Quantinno Capital Management LP now owns 718 shares of the specialty retailer’s stock worth $307,000 after acquiring an additional 134 shares during the period. 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.