Betterware de Mexico SAPI de C (NYSE:BWMX) Sees Large Volume Increase – Should You Buy?

Shares of Betterware de Mexico SAPI de C (NYSE:BWMX) saw strong trading volume on Monday . 63,457 shares traded hands during trading, a decline of 33% from the previous session’s volume of 94,560 shares.The stock last traded at $15.83 and had previously closed at $16.73.

Analyst Ratings Changes

BWMX has been the topic of several research reports. Weiss Ratings raised 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. Zacks Research lowered shares of Betterware de Mexico SAPI de C from a “hold” rating to a “strong sell” rating in a research note on Wednesday, April 29th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold”.

Betterware de Mexico SAPI de C Price Performance

The business’s 50-day moving average price is $17.74 and its 200 day moving average price is $17.62. The company has a quick ratio of 0.57, a current ratio of 1.11 and a debt-to-equity ratio of 2.96. The company has a market capitalization of $589.47 million, a P/E ratio of 8.61 and a beta of 1.03.

Betterware de Mexico SAPI de C (NYSE:BWMX) last posted its earnings results on Wednesday, July 1st. The company reported $0.57 earnings per share 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 business had revenue of $237.83 million for the quarter. Analysts anticipate that Betterware de Mexico SAPI de C will post 2.62 EPS for the current fiscal year.

Betterware de Mexico SAPI de C Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Thursday, August 6th will be given a $0.3252 dividend. This represents a $1.30 dividend on an annualized basis and a dividend yield of 8.2%. This is a boost from Betterware de Mexico SAPI de C’s previous quarterly dividend of $0.31. The ex-dividend date is Thursday, August 6th. Betterware de Mexico SAPI de C’s dividend payout ratio (DPR) is 71.04%.

Insider Buying and Selling

In other Betterware de Mexico SAPI de C news, CEO Andres Campos Chevallier bought 10,000 shares of the firm’s stock in a transaction on Tuesday, April 28th. The shares were acquired at an average cost of $16.81 per share, for a total transaction of $168,100.00. Following the purchase, the chief executive officer directly owned 50,000 shares of the company’s stock, valued at $840,500. The trade was a 25.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Lazard Asset Management LLC bought a new stake in shares of Betterware de Mexico SAPI de C during the 1st quarter worth $785,000. Arrowstreet Capital Limited Partnership raised 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 valued at $1,224,000 after purchasing an additional 46,452 shares in the last quarter. Sei Investments Co. purchased a new stake in Betterware de Mexico SAPI de C during the first quarter valued at about $613,000. Quattro Financial Advisors LLC lifted its stake in Betterware de Mexico SAPI de C by 42.9% during the fourth quarter. Quattro Financial Advisors LLC now owns 50,000 shares of the company’s stock worth $710,000 after purchasing an additional 15,000 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in shares of 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. 12.72% of the stock is currently owned by institutional investors.

Betterware de Mexico SAPI de C Company Profile

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.