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

Key Points

• Betterware de Mexico SAPI de C's stock rating has been downgraded from a "strong-buy" to a "hold" by Zacks Research, reflecting a cautious outlook on the company's future performance.
• In contrast, Wall Street Zen upgraded the stock to a "strong-buy" rating, indicating differing opinions among analysts on the stock's potential.
• The company operates primarily in the direct-to-consumer market in Mexico, offering a range of home organization products and serving approximately 3 million households through its distribution network.

Betterware de Mexico SAPI de C (NYSE:BWMX - Get Free Report) was downgraded by analysts at Zacks Research from a "strong-buy" rating to a "hold" rating in a research note issued to investors on Tuesday,Zacks.com reports.

Separately, Wall Street Zen raised shares of Betterware de Mexico SAPI de C from a "hold" rating to a "strong-buy" rating in a research report on Saturday, August 2nd. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of "Hold".

Betterware de Mexico SAPI de C Stock Performance

Shares of BWMX stock opened at $13.19 on Tuesday. The firm has a market capitalization of $492.25 million, a PE ratio of 16.70 and a beta of 1.24. Betterware de Mexico SAPI de C has a 52-week low of $7.00 and a 52-week high of $14.46. The company has a quick ratio of 0.46, a current ratio of 0.93 and a debt-to-equity ratio of 3.07.

About Betterware de Mexico SAPI de C

Betterware de Mexico, SAB. de C.V. operates as a direct-to-consumer company in Mexico. The company focuses on the home organization segment with a product portfolio, including home solutions, kitchen and food preservation, technology and mobility, and other categories. It serves approximately 3 million households through distributors and associates in approximately 800 communities throughout Mexico.

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