Betterware de Mexico SAPI de C (NYSE:BWMX) Stock Rating Upgraded by Zacks Research

Betterware de Mexico SAPI de C (NYSE:BWMX) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Tuesday, Zacks reports.

A number of other research analysts have also issued reports on the company. Wall Street Zen upgraded Betterware de Mexico SAPI de C from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 5th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Betterware de Mexico SAPI de C in a research note on Tuesday, September 1st. One investment analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

Betterware de Mexico SAPI de C Stock Down 1.4%

BWMX stock opened at $16.52 on Tuesday. The firm has a market cap of $652.18 million, a price-to-earnings ratio of 9.02 and a beta of 1.04. Betterware de Mexico SAPI de C has a 1-year low of $12.34 and a 1-year high of $19.79. The firm has a fifty day moving average price of $16.49 and a two-hundred day moving average price of $17.14. The company has a debt-to-equity ratio of 2.96, a current ratio of 1.11 and a quick ratio of 0.57.

Betterware de Mexico SAPI de C (NYSE:BWMX) last posted its quarterly earnings results on Wednesday, July 1st. The company reported $0.57 earnings per share (EPS) for the quarter. Betterware de Mexico SAPI de C had a net margin of 8.35% and a return on equity of 77.89%. The company had revenue of $237.83 million for the quarter. Research analysts predict that Betterware de Mexico SAPI de C will post 2.5 EPS for the current year.

Insider Activity at Betterware de Mexico SAPI de C

In other Betterware de Mexico SAPI de C news, Chairman Luis Campos purchased 35,000 shares of Betterware de Mexico SAPI de C stock in a transaction on Wednesday, September 16th. The stock was bought at an average price of $16.44 per share, for a total transaction of $575,400.00. Following the transaction, the chairman owned 20,358,497 shares of the company’s stock, valued at $334,693,690.68. The trade was a 0.17% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Santiago Campos Chevallier purchased 15,000 shares of the firm’s stock in a transaction dated Wednesday, September 16th. The stock was acquired at an average cost of $16.46 per share, with a total value of $246,900.00. Following the purchase, the insider owned 95,000 shares of the company’s stock, valued at approximately $1,563,700. This represents a 18.75% increase in their position. The SEC filing for this purchase provides additional information. Insiders have acquired a total of 200,762 shares of company stock worth $3,306,350 in the last three months.

Institutional Investors Weigh In On Betterware de Mexico SAPI de C

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. NewEdge Advisors LLC lifted its holdings in Betterware de Mexico SAPI de C by 48.6% in 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 period. Confluence Investment Management LLC increased its stake in Betterware de Mexico SAPI de C by 17.1% during the 2nd 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 during the period. Lazard Asset Management LLC bought a new stake in shares of Betterware de Mexico SAPI de C during the 1st quarter worth about $785,000. Public Employees Retirement System of Ohio bought a new stake in shares of Betterware de Mexico SAPI de C during the 1st quarter worth about $29,000. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of Betterware de Mexico SAPI de C by 177.8% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 72,582 shares of the company’s stock worth $1,224,000 after acquiring an additional 46,452 shares during the period. 12.72% of the stock is currently 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.