Betterware de Mexico SAPI de C (NYSE:BWMX) Trading Down 3.8% - Here's Why

Key Points

• Betterware de Mexico shares fell 3.8% to about $15.27 in Wednesday trading, with volume 57% below the average session level.
• Analyst sentiment is mixed, with one Strong Buy, one Hold and one Sell rating; the overall consensus is Hold. The company recently reported quarterly EPS of $0.57 on revenue of $237.83 million.
• Betterware raised its quarterly dividend to $0.3252 per share, equivalent to an annualized $1.30 dividend and an 8.4% yield; insiders have also purchased roughly $1.26 million of stock over the past 90 days.

Betterware de Mexico SAPI de C (NYSE:BWMX - Get Free Report) shares traded down 3.8% during trading on Wednesday . The stock traded as low as $15.26 and last traded at $15.2740. 39,888 shares changed hands during trading, a decline of 57% from the average session volume of 93,242 shares. The stock had previously closed at $15.87.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on BWMX. Wall Street Zen downgraded Betterware de Mexico SAPI de C from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 22nd. Weiss Ratings upgraded shares of 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 analyst has rated the stock with a Strong Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold".

Betterware de Mexico SAPI de C Trading Down 2.2%

The company has a market cap of $612.69 million, a P/E ratio of 8.44 and a beta of 1.04. The firm's 50 day moving average is $17.14 and its two-hundred day moving average is $17.39. The company has a quick ratio of 0.57, a current ratio of 1.11 and a debt-to-equity ratio of 2.96.

Betterware de Mexico SAPI de C (NYSE:BWMX - Get Free Report) last issued its quarterly earnings results on Wednesday, July 1st. The company reported $0.57 earnings per share for the quarter. The company had revenue of $237.83 million during the quarter. Betterware de Mexico SAPI de C had a return on equity of 77.89% and a net margin of 8.35%. As a group, equities research analysts anticipate 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 represents a $1.30 dividend on an annualized basis and a yield of 8.4%. The ex-dividend date was Thursday, August 6th. This is an increase from Betterware de Mexico SAPI de C's previous quarterly dividend of $0.31. Betterware de Mexico SAPI de C's dividend payout ratio (DPR) is 71.04%.

Insider Activity

In other Betterware de Mexico SAPI de C news, Chairman Luis Campos acquired 46,830 shares of the company's stock in a transaction dated Monday, July 27th. The shares were bought at an average cost of $16.41 per share, with a total value of $768,480.30. Following the purchase, the chairman directly owned 20,249,565 shares of the company's stock, valued at $332,295,361.65. This trade represents a 0.23% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last 90 days, insiders bought 75,762 shares of company stock valued at $1,260,050.

Institutional Trading of Betterware de Mexico SAPI de C

Hedge funds have recently modified their holdings of the stock. Sei Investments Co. acquired a new position in shares of Betterware de Mexico SAPI de C during the first quarter valued at about $613,000. Arrowstreet Capital Limited Partnership increased its holdings in shares of Betterware de Mexico SAPI de C by 177.8% during the first 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 in the last quarter. Lazard Asset Management LLC bought a new stake in shares of Betterware de Mexico SAPI de C during the first quarter valued at approximately $785,000. State Street Corp raised its position in shares of Betterware de Mexico SAPI de C by 7.0% during the fourth quarter. State Street Corp now owns 90,082 shares of the company's stock worth $1,280,000 after purchasing an additional 5,881 shares during the period. Finally, Goldman Sachs Group Inc. lifted 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 purchasing an additional 6,274 shares in the last quarter. Institutional investors own 12.72% of the company's stock.

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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