Betterware de Mexico SAPI de C (NYSE:BWMX) Upgraded at Zacks Research

Betterware de Mexico SAPI de C (NYSE:BWMX) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, Zacks reports.

Several other equities analysts have also recently commented on BWMX. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Betterware de Mexico SAPI de C in a 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 research note on Saturday, September 5th. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

Betterware de Mexico SAPI de C Price Performance

NYSE BWMX opened at $16.52 on Tuesday. The stock has a market capitalization of $652.18 million, a PE ratio of 9.02 and a beta of 1.04. The stock has a 50-day simple moving average of $16.49 and a 200 day simple moving average of $17.14. The company has a debt-to-equity ratio of 2.96, a quick ratio of 0.57 and a current ratio of 1.11. Betterware de Mexico SAPI de C has a twelve month low of $12.34 and a twelve month high of $19.79.

Betterware de Mexico SAPI de C (NYSE:BWMX) last issued its quarterly 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. Research analysts anticipate that Betterware de Mexico SAPI de C will post 2.5 EPS for the current year.

Insider Activity

In other Betterware de Mexico SAPI de C news, Chairman Luis Campos acquired 35,000 shares of the business’s stock in a transaction dated Wednesday, September 16th. The shares were acquired at an average price of $16.44 per share, with a total value of $575,400.00. Following the completion of the transaction, the chairman directly owned 20,358,497 shares in the company, valued at $334,693,690.68. This trade represents a 0.17% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Santiago Campos Chevallier bought 15,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 16th. The stock was acquired at an average cost of $16.46 per share, with a total value of $246,900.00. Following the transaction, the insider owned 95,000 shares of the company’s stock, valued at $1,563,700. This represents a 18.75% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have acquired 200,762 shares of company stock worth $3,306,350 over the last ninety days.

Institutional Trading of Betterware de Mexico SAPI de C

Several institutional investors and hedge funds have recently added to or reduced their stakes in BWMX. Public Employees Retirement System of Ohio bought a new position in shares of Betterware de Mexico SAPI de C in the 1st quarter valued at about $29,000. 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 valued at $218,000 after purchasing an additional 1,768 shares during the last quarter. NewEdge Advisors LLC grew its holdings in Betterware de Mexico SAPI de C by 48.6% during the second quarter. NewEdge Advisors LLC now owns 19,796 shares of the company’s stock worth $356,000 after purchasing an additional 6,475 shares during the period. Sei Investments Co. bought a new position in Betterware de Mexico SAPI de C during the first quarter worth about $613,000. Finally, Arrowstreet Capital Limited Partnership increased its position in 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 worth $1,224,000 after buying an additional 46,452 shares during the last quarter. 12.72% of the stock is owned by 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.