Betterware de Mexico SAPI de C (NYSE:BWMX) Shares Up 5.4% - Time to Buy?

Key Points

• BWMX shares rose 5.4% to $16.355 during mid-day trading, with volume 148% above the average. The stock remains below its 50-day and 200-day moving averages of $16.72 and $17.19, respectively.
• Analyst sentiment is mixed, with ratings ranging from Strong Buy to Sell and a consensus “Hold” rating. The company reported quarterly EPS of $0.57 on revenue of $237.83 million and is expected to earn $2.50 per share this year.
• Betterware raised its quarterly dividend to $0.3252 per share, implying an annualized 8.0% yield. Insiders also purchased 75,762 shares in the past quarter, while institutional investors own 12.72% of the stock.

Betterware de Mexico SAPI de C (NYSE:BWMX - Get Free Report)'s stock price was up 5.4% during mid-day trading on Tuesday . The stock traded as high as $16.62 and last traded at $16.3550. 230,607 shares were traded during mid-day trading, an increase of 148% from the average daily volume of 92,860 shares. The stock had previously closed at $15.52.

Analyst Ratings Changes

Several equities research analysts have recently commented on BWMX shares. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Betterware de Mexico SAPI de C in a research report on Tuesday, September 1st. Wall Street Zen raised shares of Betterware de Mexico SAPI de C from a "buy" rating to a "strong-buy" rating in a report on Saturday, September 5th. One analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Betterware de Mexico SAPI de C has a consensus rating of "Hold".

Betterware de Mexico SAPI de C Trading Up 4.5%

The stock's 50-day simple moving average is $16.72 and its two-hundred day simple moving average is $17.19. The company has a debt-to-equity ratio of 2.96, a current ratio of 1.11 and a quick ratio of 0.57. The firm has a market capitalization of $640.37 million, a P/E ratio of 8.87 and a beta of 1.04.

Betterware de Mexico SAPI de C (NYSE:BWMX - Get Free Report) last announced its quarterly earnings data on Wednesday, July 1st. The company reported $0.57 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 firm had revenue of $237.83 million for the quarter. Equities research analysts expect that Betterware de Mexico SAPI de C will post 2.5 EPS for the current year.

Betterware de Mexico SAPI de C Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Thursday, August 6th were issued a dividend of $0.3252 per share. This is a boost from Betterware de Mexico SAPI de C's previous quarterly dividend of $0.31. This represents a $1.30 dividend on an annualized basis and a yield of 8.0%. The ex-dividend date of this dividend was Thursday, August 6th. Betterware de Mexico SAPI de C's payout ratio is 71.04%.

Insider Activity at Betterware de Mexico SAPI de C

In other Betterware de Mexico SAPI de C news, Chairman Luis Campos acquired 46,830 shares of the stock in a transaction dated Monday, July 27th. The shares were acquired at an average cost of $16.41 per share, for a total transaction of $768,480.30. Following the completion of the transaction, the chairman directly owned 20,249,565 shares of the company's stock, valued at approximately $332,295,361.65. The trade was a 0.23% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders bought 75,762 shares of company stock valued at $1,260,050 in the last quarter.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in BWMX. Lazard Asset Management LLC bought a new position in shares of Betterware de Mexico SAPI de C during the first quarter worth $785,000. Arrowstreet Capital Limited Partnership increased its holdings in 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 valued at $1,224,000 after acquiring an additional 46,452 shares during the last quarter. Sei Investments Co. bought a new stake in Betterware de Mexico SAPI de C in the 1st quarter valued at $613,000. NewEdge Advisors LLC lifted its stake in Betterware de Mexico SAPI de C by 88,706.7% in the 1st quarter. NewEdge Advisors LLC now owns 13,321 shares of the company's stock worth $225,000 after purchasing an additional 13,306 shares in the last quarter. Finally, Confluence Investment Management LLC lifted its stake in Betterware de Mexico SAPI de C by 17.1% in the 2nd quarter. Confluence Investment Management LLC now owns 12,096 shares of the company's stock worth $218,000 after purchasing an additional 1,768 shares in the last quarter. 12.72% of the stock is owned by hedge funds and other 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.

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