Betterware de Mexico SAPI de C (NYSE:BWMX) Stock Price Crosses Above Fifty Day Moving Average – Time to Sell?

Betterware de Mexico SAPI de C (NYSE:BWMX)’s share price passed above its 50 day moving average during trading on Monday. The stock has a 50 day moving average of $16.15 and traded as high as $17.46. Betterware de Mexico SAPI de C shares last traded at $16.7220, with a volume of 258,584 shares trading hands.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Betterware de Mexico SAPI de C in a report on Tuesday, September 1st. Zacks Research raised Betterware de Mexico SAPI de C from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 22nd. Finally, Wall Street Zen raised Betterware de Mexico SAPI de C from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 5th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Betterware de Mexico SAPI de C Stock Up 7.3%

The company has a debt-to-equity ratio of 2.51, a quick ratio of 0.47 and a current ratio of 0.99. The stock’s fifty day simple moving average is $16.15 and its two-hundred day simple moving average is $17.21. The company has a market capitalization of $660.35 million, a price-to-earnings ratio of 8.58 and a beta of 0.99.

Betterware de Mexico SAPI de C (NYSE:BWMX) last released its quarterly earnings data on Thursday, October 22nd. The company reported $0.55 earnings per share for the quarter, missing the consensus estimate of $0.72 by ($0.17). Betterware de Mexico SAPI de C had a return on equity of 70.20% and a net margin of 8.08%. The company had revenue of $267.27 million for the quarter. On average, sell-side analysts anticipate that Betterware de Mexico SAPI de C will post 2.50 EPS for the current year.

Betterware de Mexico SAPI de C Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Thursday, November 5th will be given a dividend of $0.3424 per share. The ex-dividend date of this dividend is Thursday, November 5th. This is a positive change from Betterware de Mexico SAPI de C’s previous quarterly dividend of $0.3252. This represents a $1.37 dividend on an annualized basis and a yield of 8.2%. Betterware de Mexico SAPI de C’s payout ratio is 66.67%.

Insider Transactions at Betterware de Mexico SAPI de C

In other Betterware de Mexico SAPI de C news, insider Santiago Campos Chevallier purchased 15,000 shares of the business’s stock in a transaction dated Wednesday, September 16th. The shares were acquired at an average price of $16.46 per share, for a total transaction of $246,900.00. Following the acquisition, the insider owned 95,000 shares of the company’s stock, valued at $1,563,700. This trade represents a 18.75% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Andres Campos Chevallier acquired 30,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 15th. The stock was bought at an average cost of $16.41 per share, for a total transaction of $492,300.00. Following the completion of the purchase, the chief executive officer directly owned 80,000 shares in the company, valued at $1,312,800. This represents a 60.00% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders bought 153,932 shares of company stock valued at $2,537,870 in the last three months.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Public Employees Retirement System of Ohio acquired a new position in Betterware de Mexico SAPI de C during the 1st quarter valued at $29,000. Confluence Investment Management LLC grew its stake in shares of 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 period. NewEdge Advisors LLC raised its stake in Betterware de Mexico SAPI de C by 88,706.7% during the first quarter. NewEdge Advisors LLC now owns 13,321 shares of the company’s stock worth $225,000 after acquiring an additional 13,306 shares in the last quarter. Sei Investments Co. bought a new position in Betterware de Mexico SAPI de C during the 1st quarter valued at about $613,000. Finally, Lazard Asset Management LLC acquired a new position in shares of Betterware de Mexico SAPI de C in the 1st quarter worth approximately $785,000. 12.72% of the stock is currently owned by institutional investors and hedge funds.

Betterware de Mexico SAPI de C Company Profile

Betterware de México, SAP.I. de C.V. is a Mexico-based direct-to-consumer company that develops, distributes and sells products for the home, personal care and beauty markets. Its Betterware brand is known primarily for home-organization, kitchen, cleaning, storage and lifestyle products.

The company sells through a network of independent distributors and representatives, supported by product catalogs, digital commerce and other direct-selling channels. This model allows Betterware to reach consumers across Mexico and provides distributors with product, ordering and promotional support.

In 2022, Betterware de México expanded its business through the acquisition of JAFRA, an international direct-selling beauty company.