Wall Street Zen Upgrades Betterware de Mexico SAPI de C (NYSE:BWMX) to “Strong-Buy”

Betterware de Mexico SAPI de C (NYSE:BWMX) was upgraded by analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a research note issued on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings reissued a “hold (c+)” rating on shares of Betterware de Mexico SAPI de C in a research note on Tuesday, September 1st. 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’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Betterware de Mexico SAPI de C Stock Up 0.3%

Shares of NYSE:BWMX opened at $15.78 on Friday. The company has a market capitalization of $623.15 million, a price-to-earnings ratio of 8.62 and a beta of 1.04. Betterware de Mexico SAPI de C has a 12-month low of $12.34 and a 12-month high of $19.79. The business has a 50-day moving average price of $17.02 and a 200 day moving average price of $17.33. The company has a current ratio of 1.11, a quick ratio of 0.57 and a debt-to-equity ratio of 2.96.

Betterware de Mexico SAPI de C (NYSE:BWMX) last posted its earnings results on Wednesday, July 1st. The company reported $0.57 EPS for the quarter. The company had revenue of $237.83 million for the quarter. Betterware de Mexico SAPI de C had a net margin of 8.35% and a return on equity of 77.89%. Sell-side analysts expect that Betterware de Mexico SAPI de C will post 2.5 EPS for the current year.

Insider Buying and Selling at Betterware de Mexico SAPI de C

In other news, Chairman Luis Campos bought 21,829 shares of the stock in a transaction that occurred on Tuesday, August 4th. The stock was bought at an average cost of $17.00 per share, for a total transaction of $371,093.00. Following the acquisition, the chairman directly owned 20,278,497 shares of the company’s stock, valued at $344,734,449. The trade was a 0.11% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Insiders acquired 75,762 shares of company stock valued at $1,260,050 over the last ninety days.

Institutional Trading of Betterware de Mexico SAPI de C

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Public Employees Retirement System of Ohio purchased a new position in shares of Betterware de Mexico SAPI de C in the first quarter valued at approximately $29,000. Confluence Investment Management LLC grew its holdings in shares of Betterware de Mexico SAPI de C by 17.1% in the second 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 in the last quarter. NewEdge Advisors LLC grew its holdings in shares of Betterware de Mexico SAPI de C by 88,706.7% in the first quarter. NewEdge Advisors LLC now owns 13,321 shares of the company’s stock valued at $225,000 after purchasing an additional 13,306 shares in the last quarter. Sei Investments Co. purchased a new stake in Betterware de Mexico SAPI de C during the 1st quarter worth approximately $613,000. Finally, Lazard Asset Management LLC purchased a new stake in Betterware de Mexico SAPI de C during the 1st quarter worth approximately $785,000. 12.72% of the stock is currently owned by hedge funds and other 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.