Betterware de Mexico SAPI de C (NYSE:BWMX) Trading 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 stock 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.

Wall Street Analyst Weigh In

Several research firms recently commented on BWMX. Zacks Research downgraded Betterware de Mexico SAPI de C from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 29th. Weiss Ratings downgraded Betterware de Mexico SAPI de C from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold”.

Betterware de Mexico SAPI de C Trading Up 0.4%

The company has a 50-day simple moving average of $17.19 and a 200-day simple moving average of $16.43. The company has a debt-to-equity ratio of 2.10, a quick ratio of 0.47 and a current ratio of 0.93. The stock has a market cap 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 issued its quarterly earnings data on Wednesday, April 1st. The company reported $0.42 earnings per share (EPS) for the quarter. Betterware de Mexico SAPI de C had a return on equity of 88.88% and a net margin of 8.19%.The firm had revenue of $196.19 million during the quarter. On average, sell-side analysts forecast that Betterware de Mexico SAPI de C will post 2.37 EPS 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. Stockholders of record on Tuesday, May 12th were paid a $0.3063 dividend. This represents a $1.23 annualized dividend and a dividend yield of 7.3%. The ex-dividend date of this dividend was Tuesday, May 12th. Betterware de Mexico SAPI de C’s dividend payout ratio (DPR) is 64.71%.

Insider Activity at Betterware de Mexico SAPI de C

In other news, CEO Andres Campos Chevallier bought 10,000 shares of the stock in a transaction dated 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 purchase, the chief executive officer owned 50,000 shares of the company’s stock, valued at approximately $840,500. This represents a 25.00% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at the SEC website.

Institutional Investors Weigh In On Betterware de Mexico SAPI de C

Hedge funds and other institutional investors have recently made changes to their positions in the company. Public Employees Retirement System of Ohio acquired a new stake in shares of Betterware de Mexico SAPI de C in the 1st quarter valued at $29,000. Sei Investments Co. acquired a new stake in shares of Betterware de Mexico SAPI de C in the 1st quarter valued at $613,000. Lazard Asset Management LLC acquired a new stake in shares of Betterware de Mexico SAPI de C in the 1st quarter valued at $785,000. Quattro Financial Advisors LLC increased its stake in shares of Betterware de Mexico SAPI de C by 42.9% in 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 during the period. Finally, Goldman Sachs Group Inc. increased its stake in shares of 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 valued at $862,000 after buying an additional 6,274 shares during the period. 12.72% of the stock is owned by institutional investors and hedge funds.

About Betterware de Mexico SAPI de C

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.