Betterware de Mexico SAPI de C (NYSE:BWMX) Stock Price Up 0.7% - Still a Buy?

Key Points

• Betterware shares rose 0.7% to $18.43 on Thursday on below-average volume, and analysts maintain a consensus Buy rating (1 Strong Buy, 1 Buy, 1 Hold).
• The company reported quarterly EPS of $0.37 on $212.26M in revenue, with a net margin of 7.35% and an unusually high ROE of 87.14%, and it pays a quarterly dividend that annualizes to $1.24 for a 6.7% yield.
• Valuation and balance-sheet notes: market cap ~$687.8M and P/E ~12.5, but liquidity is tight (quick ratio 0.44, current ratio 0.92) and leverage is high (debt-to-equity 2.46), which may increase risk.

Betterware de Mexico SAPI de C (NYSE:BWMX - Get Free Report) shares rose 0.7% on Thursday . The company traded as high as $18.64 and last traded at $18.43. Approximately 45,050 shares were traded during trading, a decline of 43% from the average daily volume of 79,685 shares. The stock had previously closed at $18.31.

Analysts Set New Price Targets

BWMX has been the topic of a number of analyst reports. Freedom Capital upgraded shares of Betterware de Mexico SAPI de C to a "strong-buy" rating in a research note on Friday, January 2nd. Weiss Ratings upgraded shares of Betterware de Mexico SAPI de C from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Monday, March 2nd. Finally, Zacks Research cut shares of Betterware de Mexico SAPI de C from a "strong-buy" rating to a "hold" rating in a research note on Monday, March 23rd. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy".

Betterware de Mexico SAPI de C Stock Performance

The company has a debt-to-equity ratio of 2.46, a quick ratio of 0.44 and a current ratio of 0.92. The company has a market capitalization of $687.81 million, a P/E ratio of 12.54 and a beta of 1.20. The business's fifty day simple moving average is $17.72 and its 200-day simple moving average is $15.78.

Betterware de Mexico SAPI de C (NYSE:BWMX - Get Free Report) last announced its quarterly earnings results on Sunday, February 15th. The company reported $0.37 earnings per share (EPS) for the quarter. The company had revenue of $212.26 million for the quarter. Betterware de Mexico SAPI de C had a net margin of 7.35% and a return on equity of 87.14%.

Betterware de Mexico SAPI de C Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Monday, March 9th were issued a $0.3103 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 6.7%. The ex-dividend date was Monday, March 9th. Betterware de Mexico SAPI de C's payout ratio is currently 76.19%.

Institutional Trading of Betterware de Mexico SAPI de C

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. State Street Corp increased its holdings 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 acquiring an additional 5,881 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings 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 worth $862,000 after buying an additional 6,274 shares during the last quarter. Finally, Quattro Financial Advisors LLC raised its position in shares of Betterware de Mexico SAPI de C by 42.9% during 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 in the last quarter. 12.72% of the stock is currently owned by institutional investors.

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.

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