Betterware de Mexico SAPI de C (NYSE:BWMX) Downgraded to "Buy" Rating by Wall Street Zen

Key Points

• Wall Street Zen downgraded Betterware de Mexico from “strong buy” to “buy,” while the broader analyst consensus remains “hold.” Ratings include one strong buy, one hold and one sell; Zacks Research recently lowered its view to “strong sell.”
• BWMX shares opened at $16.05, with a market capitalization of about $599 million and a 52-week range of $12.34 to $19.79. The company reported quarterly EPS of $0.57 on revenue of $237.83 million.
• Insiders have recently shown buying interest: Chairman Luis Campos purchased 21,829 shares for approximately $371,000, and insiders bought 75,762 shares worth about $1.26 million over the past 90 days.

Betterware de Mexico SAPI de C (NYSE:BWMX - Get Free Report) was downgraded by Wall Street Zen from a "strong-buy" rating to a "buy" rating in a research note issued on Saturday.

A number of other brokerages have also recently commented on BWMX. 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. Weiss Ratings raised Betterware de Mexico SAPI de C from a "hold (c)" rating to a "hold (c+)" rating in a research report on Thursday, June 4th. One research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold".

Betterware de Mexico SAPI de C Price Performance

BWMX stock opened at $16.05 on Friday. The stock has a market capitalization of $598.99 million, a PE ratio of 8.77 and a beta of 1.05. The company's 50-day moving average is $17.38 and its 200-day moving average is $17.51. 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 has a 1 year low of $12.34 and a 1 year high of $19.79.

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

Insider Activity at Betterware de Mexico SAPI de C

In other Betterware de Mexico SAPI de C news, Chairman Luis Campos bought 21,829 shares of the stock in a transaction that occurred on Tuesday, August 4th. The shares were bought at an average price of $17.00 per share, for a total transaction of $371,093.00. Following the acquisition, the chairman directly owned 20,278,497 shares of the company's stock, valued at approximately $344,734,449. The trade was a 0.11% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have bought 75,762 shares of company stock worth $1,260,050 over the last ninety days.

Institutional Trading of Betterware de Mexico SAPI de C

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio purchased a new position in shares of Betterware de Mexico SAPI de C during the first quarter valued at approximately $29,000. Confluence Investment Management LLC grew its holdings in Betterware de Mexico SAPI de C by 17.1% during the second quarter. Confluence Investment Management LLC now owns 12,096 shares of the company's stock worth $218,000 after buying an additional 1,768 shares in the last quarter. State Street Corp raised its position 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 valued at $1,280,000 after buying an additional 5,881 shares during the last quarter. Goldman Sachs Group Inc. raised its position 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 valued at $862,000 after buying an additional 6,274 shares during the last quarter. Finally, NewEdge Advisors LLC lifted its stake in Betterware de Mexico SAPI de C by 88,706.7% during the 1st quarter. NewEdge Advisors LLC now owns 13,321 shares of the company's stock valued at $225,000 after acquiring an additional 13,306 shares in the last quarter. 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.

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