Betterware de Mexico SAPI de C (NYSE:BWMX) Shares Up 5.4% – What’s Next?

Shares of Betterware de Mexico SAPI de C (NYSE:BWMX) were up 5.4% during mid-day trading on Tuesday . The stock 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 session volume of 92,860 shares. The stock had previously closed at $15.52.

Analyst Ratings Changes

A number of equities analysts recently commented on BWMX shares. Wall Street Zen raised Betterware de Mexico SAPI de C from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 5th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Betterware de Mexico SAPI de C in a research note on Tuesday, September 1st. One research 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 stock. According to data from MarketBeat.com, Betterware de Mexico SAPI de C currently has an average rating of “Hold”.

Betterware de Mexico SAPI de C Trading Up 4.5%

The company’s 50 day moving average price is $16.72 and its two-hundred day moving average price is $17.19. The firm has a market cap of $640.37 million, a PE ratio of 8.87 and a beta of 1.04. The company has a quick ratio of 0.57, a current ratio of 1.11 and a debt-to-equity ratio of 2.96.

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%. As a group, sell-side analysts forecast that Betterware de Mexico SAPI de C will post 2.5 EPS for the current year.

Betterware de Mexico SAPI de C Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Stockholders of record on Thursday, August 6th were issued a $0.3252 dividend. The ex-dividend date was Thursday, August 6th. This is a boost from Betterware de Mexico SAPI de C’s previous quarterly dividend of $0.31. This represents a $1.30 dividend on an annualized basis and a dividend yield of 8.0%. Betterware de Mexico SAPI de C’s dividend payout ratio (DPR) is currently 71.04%.

Insiders Place Their Bets

In other news, Chairman Luis Campos bought 21,829 shares of the stock in a transaction on Tuesday, August 4th. The stock was acquired at an average cost of $17.00 per share, for a total transaction of $371,093.00. Following the acquisition, the chairman owned 20,278,497 shares of the company’s stock, valued at $344,734,449. This represents a 0.11% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Over the last three months, insiders acquired 75,762 shares of company stock worth $1,260,050.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio purchased a new stake in shares of Betterware de Mexico SAPI de C during the 1st quarter worth $29,000. Confluence Investment Management LLC grew its stake in 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 purchasing an additional 1,768 shares during the last quarter. NewEdge Advisors LLC grew its stake in Betterware de Mexico SAPI de C by 88,706.7% in the first quarter. NewEdge Advisors LLC now owns 13,321 shares of the company’s stock valued at $225,000 after purchasing an additional 13,306 shares during the last quarter. Sei Investments Co. bought a new position in Betterware de Mexico SAPI de C in the first quarter worth about $613,000. Finally, Lazard Asset Management LLC bought a new position in Betterware de Mexico SAPI de C in the first quarter worth about $785,000. 12.72% of the stock is owned by institutional investors.

About Betterware de Mexico SAPI de C

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.