Betterware de Mexico SAPI de C (NYSE:BWMX) Stock Price Up 0.4% – Still a Buy?

Betterware de Mexico SAPI de C (NYSE:BWMX)’s share price shot up 0.4% during trading on Friday . The company traded as high as $16.78 and last traded at $16.7050. 57,133 shares were traded during trading, a decline of 41% from the average session volume of 96,153 shares. The stock had previously closed at $16.64.

Analyst Ratings Changes

Several research firms have weighed in on BWMX. Weiss Ratings cut Betterware de Mexico SAPI de C from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday. Zacks Research cut Betterware de Mexico SAPI de C from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.

Betterware de Mexico SAPI de C Stock Up 0.4%

The stock’s 50-day moving average price is $17.19 and its two-hundred day moving average price is $16.43. The company has a current ratio of 0.93, a quick ratio of 0.47 and a debt-to-equity ratio of 2.10. The stock has a market capitalization of $623.43 million, a P/E ratio of 9.83 and a beta of 1.06.

Betterware de Mexico SAPI de C (NYSE:BWMX) last posted its quarterly earnings results on Wednesday, April 1st. The company reported $0.42 EPS for the quarter. Betterware de Mexico SAPI de C had a net margin of 8.19% and a return on equity of 88.88%. The company had revenue of $196.19 million for the quarter. As a group, research analysts expect that Betterware de Mexico SAPI de C will post 2.37 earnings per share for the current fiscal year.

Betterware de Mexico SAPI de C Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, May 21st. Shareholders of record on Tuesday, May 12th were paid a $0.3063 dividend. The ex-dividend date was Tuesday, May 12th. This represents a $1.23 annualized dividend and a dividend yield of 7.3%. Betterware de Mexico SAPI de C’s payout ratio is presently 64.71%.

Insider Activity at Betterware de Mexico SAPI de C

In other Betterware de Mexico SAPI de C news, CEO Andres Campos Chevallier acquired 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 28th. The stock was bought at an average cost of $16.81 per share, with a total value of $168,100.00. Following the acquisition, the chief executive officer owned 50,000 shares in the company, valued at approximately $840,500. This represents a 25.00% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Hedge Funds Weigh In On Betterware de Mexico SAPI de C

A number of large investors have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio bought a new stake in shares of Betterware de Mexico SAPI de C during the 1st quarter valued at $29,000. State Street Corp boosted its stake in Betterware de Mexico SAPI de C by 7.0% in the 4th quarter. State Street Corp now owns 90,082 shares of the company’s stock worth $1,280,000 after purchasing an additional 5,881 shares during the period. Goldman Sachs Group Inc. boosted its stake in Betterware de Mexico SAPI de C by 11.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 60,663 shares of the company’s stock worth $862,000 after purchasing an additional 6,274 shares during the period. Quattro Financial Advisors LLC grew its holdings in Betterware de Mexico SAPI de C by 42.9% during the 4th quarter. Quattro Financial Advisors LLC now owns 50,000 shares of the company’s stock valued at $710,000 after buying an additional 15,000 shares in the last quarter. Finally, Sei Investments Co. purchased a new position in Betterware de Mexico SAPI de C during the 1st quarter valued at about $613,000. 12.72% of the stock is owned by institutional investors.

Betterware de Mexico SAPI de C Company Profile

Betterware de Mexico SAPI de C.V. is a Mexico City–based home solutions company that designs, sources and distributes a broad portfolio of organizational and household products. Through a direct-to-consumer model, Betterware offers storage and organization items, kitchenware, cleaning tools, personal care accessories and pet care products. The company leverages both digital channels and a catalog-driven distribution network to reach end customers, pairing an e-commerce platform with an independent sales advisor network.

Founded in 1995, Betterware has built a multi-channel sales infrastructure that relies on regional distribution centers and a large community of independent representatives.