Betterware de Mexico SAPI de C (NYSE:BWMX) Trading Up 5.4% – Should You Buy?

Betterware de Mexico SAPI de C (NYSE:BWMX)’s stock price rose 5.4% during mid-day trading on Tuesday . The company traded as high as $16.62 and last traded at $16.3550. 230,607 shares were traded during mid-day trading, an increase of 148% from the average daily volume of 92,860 shares. The stock had previously closed at $15.52.

Analyst Upgrades and Downgrades

BWMX has been the topic of several recent analyst reports. Weiss Ratings reissued a “hold (c+)” rating on shares of Betterware de Mexico SAPI de C in a report on Tuesday, September 1st. Wall Street Zen raised Betterware de Mexico SAPI de C from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 5th. One analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Betterware de Mexico SAPI de C Price Performance

The company has a quick ratio of 0.57, a current ratio of 1.11 and a debt-to-equity ratio of 2.96. The firm has a market capitalization of $634.21 million, a price-to-earnings ratio of 8.78 and a beta of 1.04. The company has a fifty day moving average price of $16.64 and a two-hundred day moving average price of $17.17.

Betterware de Mexico SAPI de C (NYSE:BWMX) last released its quarterly earnings results on Wednesday, July 1st. The company reported $0.57 EPS for the quarter. The firm had revenue of $237.83 million during the quarter. Betterware de Mexico SAPI de C had a net margin of 8.35% and a return on equity of 77.89%. On average, equities research analysts expect that Betterware de Mexico SAPI de C will post 2.5 EPS for the current fiscal year.

Betterware de Mexico SAPI de C Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Thursday, August 6th were given a dividend of $0.3252 per share. This represents a $1.30 dividend on an annualized basis and a yield of 8.1%. The ex-dividend date was Thursday, August 6th. This is an increase from Betterware de Mexico SAPI de C’s previous quarterly dividend of $0.31. Betterware de Mexico SAPI de C’s payout ratio is currently 71.04%.

Insider Activity at Betterware de Mexico SAPI de C

In other news, Chairman Luis Campos purchased 21,829 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The stock was purchased at an average cost of $17.00 per share, with a total value of $371,093.00. Following the completion of the acquisition, the chairman directly owned 20,278,497 shares of the company’s stock, valued at approximately $344,734,449. This trade represents a 0.11% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last ninety days, insiders have acquired 75,762 shares of company stock valued at $1,260,050.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in BWMX. NewEdge Advisors LLC raised its holdings in Betterware de Mexico SAPI de C by 48.6% during the second quarter. NewEdge Advisors LLC now owns 19,796 shares of the company’s stock worth $356,000 after purchasing an additional 6,475 shares during the last quarter. Confluence Investment Management LLC increased its position in shares of Betterware de Mexico SAPI de C by 17.1% in the second quarter. Confluence Investment Management LLC now owns 12,096 shares of the company’s stock valued at $218,000 after buying an additional 1,768 shares in the last quarter. Lazard Asset Management LLC purchased a new position in shares of Betterware de Mexico SAPI de C in the first quarter valued at $785,000. Public Employees Retirement System of Ohio acquired a new position in shares of Betterware de Mexico SAPI de C during the 1st quarter worth $29,000. Finally, Arrowstreet Capital Limited Partnership raised its stake in shares of Betterware de Mexico SAPI de C by 177.8% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 72,582 shares of the company’s stock worth $1,224,000 after buying an additional 46,452 shares during the last quarter. 12.72% of the stock is currently owned by institutional investors and hedge funds.

Betterware de Mexico SAPI de C Company Profile

Betterware de México, SAP.I. de C.V. is a Mexico-based direct-to-consumer company that develops, markets and distributes products designed to improve household organization and everyday living. Its product portfolio has included storage and organization solutions, kitchen and cleaning products, home accessories, personal-care items and other consumer goods.

The company primarily reaches customers through an independent sales force and catalog- and digitally supported direct-selling channels.